Funding profile · Clinical staffing

Matcha

A Y Combinator backed company that has raised a standard accelerator check and, on its own LinkedIn page, claims institutional backers no filing confirms. No SEC Form D has been located under Astrix Health, Matcha Health, or any variant of either name.

$500KAccelerator or incubator deal, Oct 1, 2024, per PitchBook
0SEC Form D filings found under any name variant
2Employees, consistent across every tracker checked
Out of businessPitchBook status as of Jun 28, 2026, contradicted by a live product

Data as of September 25, 2026. Company-reported figures are labeled.

Rounds at a glance

When Round Amount Investors Source
Oct 1, 2024 Accelerator or Incubator $500,000 Y Combinator PitchBook
Unspecified Early Stage VC, listed as completed Not disclosed Not named PitchBook
Not dated Additional backers claimed Not disclosed General Catalyst, Haystack Ventures, per the company’s LinkedIn page Company-stated

What the filings show

No Form D was found for Astrix Health, Matcha Health, or any close variant of either name in a full text search of SEC EDGAR run on September 25, 2026. Searches for the exact phrases “Astrix Health” and “Matcha Health, Inc” each returned zero results across all form types, and a search for “Matcha, Inc” returned only filings for an unrelated entity, World Matcha Inc., which has no connection to this company beyond a shared word in its name. The records.json file prepared for this profile lists a set of EDGAR Form D mentions under names like MatchA VC and World Matcha Inc, all of which are unrelated investment vehicles and businesses that happen to use the word matcha, and none of which were used on this page.

Reading the numbers

  1. The only dollar figure on record is a standard accelerator check.PitchBook’s $500,000 accelerator or incubator deal, dated October 1, 2024, is the size and timing typical of a Y Combinator investment for a Fall 2024 batch company. It is the single funding figure in this profile that comes from an independent tracker rather than the company itself.
  2. The company claims more backers than any filing shows.Astrix Health’s LinkedIn page states the company is backed by Y Combinator, General Catalyst and Haystack Ventures, among other unnamed strategic investors. No SEC Form D, from Astrix Health or Matcha Health, names either General Catalyst or Haystack Ventures, and PitchBook’s own funding table lists only the one accelerator deal plus a second, undated and unamounted early stage VC line.
  3. An absent Form D does not prove an absent round.Companies that raise entirely through Section 4(a)(2) private placements, or that raise inside a SAFE that a platform like Y Combinator itself intermediates, can avoid triggering a standalone Form D. The gap here is notable given the specific investor names on LinkedIn, but it does not by itself mean no money changed hands.
  4. PitchBook and the live product disagree.PitchBook’s profile lists the company’s status as out of business as of June 28, 2026, and gives its description as a large language model monitoring platform based in San Francisco, a description that matches an earlier, apparently discontinued version of the company. The Matcha Health website, with terms of service dated November 17, 2025 and job listings live in September 2026, describes a business that is very much still operating, just under a different product and a different city.
  5. Two employees, three products.Every tracker checked, Y Combinator, PitchBook, Reforgers and the freehire job board, lists the team at two people. That headcount has stayed flat while the product has changed from AI purchasing agents, to an LLM safety and monitoring toolkit, to data infrastructure for health AI agents, to Matcha’s current clinical hiring marketplace.

Commercial signals

Signal Detail Source type
Product Matcha, a marketplace matching clinicians to open hospital and health system jobs, plus a physician and specialty role referral program called a Fellowship network. Company-stated
Customers No named hospital or health system customer found for Matcha. The earlier Astrix purchasing product claimed 10 unnamed clinic customers in 2024. Not found
Hiring 17 open jobs listed for Matcha on the freehire job board as of September 25, 2026, suggesting an active operation despite PitchBook’s out of business tag. Independent tracker
Business status Listed as out of business by PitchBook, June 28, 2026. Differs from the live product

What to watch

  • A Form D naming General Catalyst or Haystack Ventures, which would confirm the investor claims made on LinkedIn.
  • Whether PitchBook corrects its out of business status for the company.
  • Any named hospital or health system signing on as a Matcha customer.
  • Whether the company keeps the Matcha positioning or pivots again.

The Matcha story on Healthcare DiscoveryHealthcare Discovery

Related companies

  • Pharos: Shared investor: General Catalyst. An AI system that reads hospital charts and produces the quality measures nurses now extract by hand
  • Latent Health: Shared investor: General Catalyst. A San Francisco startup building AI agents that read a patient’s chart, assemble the paperwork insurers demand for expensive drugs, and file the request, so pharmacists
  • Medinas Health: Shared investor: General Catalyst. A cloud based marketplace and software platform that helped hospitals value, redeploy and resell their surplus medical equipment
  • Triomics: Shared investor: General Catalyst. An oncology-tuned language model that reads the whole cancer chart and hands research coordinators a cited worklist before clinic opens

Sources

  1. IndependentAstrix Health, company profile, valuation and fundingPitchBook · updated Jul 31, 2026
  2. IndependentAstrix Health, funding profileStartupSeeker · accessed 2026
  3. IndependentHow Matcha Revolutionized Clinical Talent HiringReforgers · 2026
  4. IndependentMatcha, company job listingsfreehire.me · accessed Sep 25, 2026
  5. CompanyAstrix Health, company pageLinkedIn · accessed 2026
  6. CompanyMatcha by Astrix Health, Terms of Servicematcha-health.com · effective Nov 17, 2025
  7. Public recordSEC EDGAR full text search, no Form D results for Astrix Health, Matcha Health or Matcha, Inc under this company’s nameSEC EDGAR · searched Sep 25, 2026

Compiled from PitchBook, SEC EDGAR and other public records and published reports as of September 25, 2026. Form D notices report offerings under Regulation D, and this company has no Form D on record under any name variant checked. Healthcare Venture Capital Fund holds no position in Matcha. This page is not an offer to sell or a recommendation to buy any security.