Nara Health Raises $14M to Reinvent Health Insurance Through AI Benefits Administration and Alternative Health Plans
Khosla Ventures leads the round as Nara Health crosses $600M in processed claims and more than 25,000 members on its health plans Nara (formerly Avant Health) is an AI-native benefits administrator revolutionizing healthcare through technology. We’re building an AI tech stack for the healthcare benefits ecosystem that makes quality care more accessible and affordable. Chicago, IL (Sept. 14, 2026) – Nara Health, the AI-native Third Party Administration platform rebuilding health insurance from the ground up, is pleased to announce $14 million [USD] in total funding across a pre-seed and seed round led by Khosla Ventures, with participation from Long Journey Ventures and Superior Studios, along with other investors and angels. 170 million Americans get health coverage through work each year, yet most struggle to use it. The average family premium was $27,000 last year, leading nearly half of insured Americans to skip healthcare altogether because they can’t afford it. Despite employers spending tens of thousands of dollars per employee annually on health benefits, the American healthcare experience remains slow, confusing, and reactive, held together by manual processes and fragmented software that reviews paperwork, processes claims, and leaves patients on hold when they call for answers about their coverage. Nara Health is...