The intersection of AI and healthcare has been getting massive attention from investors—and rightfully so, says Peter Shalek.
“I think this is truly a once-in-a-lifetime moment,” said Shalek, cofounder and CEO of Valerie Health. “Software, at its best, takes complexity away from the end user that benefits their customers. It creates new experiences, and that hasn’t happened in the last 30 years… Over the next ten years, the experience of going to the doctor will change.”
To meet the moment, Shalek—who co-founded digital mental health startup Joyable, which was sold to AbleTo—teamed up with Nitin Joshi, cofounder of Uber Health and Stripe engineering leader to start Valerie Health in 2023. Valerie, Shalek says, is “an AI front office” for independent doctors’ offices.
“All the space that sits between the patient and provider, we’re taking that over and automating as much as possible,” Shalek said. “We automate referrals, we automate faxes, we automate scheduling. But over time, we’re building out a comprehensive platform that can really manage the entire workflow from front to back.”
Valerie Health—named with Shalek and Joshi’s children’s initials—has raised its $30 million Series A, led by Redpoint Ventures, Fortune has exclusively learned. General Catalyst, Primary Ventures, BoxGroup, and Karman Ventures participated in the round, along with 406 Ventures and Waybury Capital. Angels included executives from One Medical, Oscar, Main Street Health, and DoorDash. Valerie has now raised $39 million.
