Garner Health, an AI‑driven healthcare platform, has reached a valuation of $1.4 billion following a $118 million Series D funding round led by Kleiner Perkins, according to a February 10, 2026 report by Forbes. The round marks a significant milestone for the company, which leverages massive healthcare datasets to help employers reduce costs while improving care quality.
Founded by Nick Reber, Garner Health has built a platform that evaluates healthcare providers based on performance metrics and patient outcomes. The system then guides employers and patients toward higher‑quality, lower‑cost care options. Key members of the executive team include Jake Shuster, CFO; Michi Kono, CTO; Phil Salinger, Chief Product and Data Officer; Steven Santangelo, Chief Revenue Officer; and Emily Hayne.
The startup combines AI‑enhanced care navigation with provider ranking and reimbursement incentives, effectively encouraging high‑quality medical care while reducing unnecessary costs. By analyzing millions of patient records, Garner Health identifies patterns that help employers make informed healthcare decisions and optimize benefits spending.
Garner’s innovative approach has earned industry recognition, including an honorable mention in Fast Company’s 2023 World‑Changing Ideas Awards for its doctor performance insights tool. Coverage from PR Newswire and Pulse2.com confirms that the Series D raise and valuation reflect strong market confidence in the company’s ability to transform healthcare benefits management.
