Funding profile · AI care coordination

Careforce

A Y Combinator company selling autonomous calling agents to Medicaid health plans. Named investors: Y Combinator, CRV and a foundation innovation fund. It has filed nothing with the SEC, and the one Form D under its name belongs to a different company.

$500KY Combinator standard deal, Fall 2024 batch
$500KCHCF Innovation Fund, disclosed by the funder
3Investors named by PitchBook: Y Combinator, CHCF, CRV
$0Capital evidenced by a Form D under this company’s name

Data as of September 22, 2026. Company-reported figures are labeled.

Rounds at a glance

When Round Amount Investors Source
Fall 2024 Y Combinator batch, as Helpcare AI $500,000 standard terms Y Combinator YC data
Nov 2024 Venture investment Not disclosed CRV Investor page
By Jul 2026 Foundation innovation investment $500,000 CHCF Innovation Fund Funder-stated
Sep 2026 Aggregator total $500,000 to date Y Combinator, CHCF, CRV PitchBook
Not on record Priced round or Regulation D offering None found None Not found

What the filings show

Careforce Inc., Hayward, CA · Form D · filed Nov 7, 2025 · a different issuer

First sale
Oct 23, 2025
Offered
$6,691,976 equity
Sold
$2,676,790 · $4,015,186 remaining
Investors
4 · average about $669,198
Exemption
Rule 506(b)
Related persons
Benjamin Robert Kuhn (executive officer, director, signed as CEO); Ashish Singh (director); Or Perluk (director)
Address
2675 Driftwood St., Hayward, CA 94545 · phone in area code 203
Filing
SEC EDGAR, CIK 0002095881

Reading the filings

  1. The only Form D under this name is not this company.Every account of the AI company, from the Y Combinator launch post in November 2024 to KFF Health News in August 2026, names Huzaifa Sial as founder and chief executive. This Form D was signed by a Benjamin Kuhn as CEO, sits in Hayward, and names Or Perluk, a managing director at Essen Health Care in the Bronx, as a director. Tracxn records the identical numbers, $2.68M on Oct 23, 2025, against a provider of in home assistance for seniors and ill adults. Aggregators matching on name alone have merged the two.
  2. Nothing has been filed by the AI company itself.EDGAR company search returns no issuer named Helpcare, and full text search returns 14 hits for Careforce, of which only the Hayward Form D is a Regulation D notice. Companies that sell under Section 4(a)(2) instead file nothing, so the silence is normal at this stage and says nothing about how much was raised.
  3. The public totals do not add up.PitchBook lists $500,000 raised to date and three investors. Y Combinator publishes its standard deal at $500,000, and every company in the batch gets it. CHCF separately says it invested $500,000. That is $1.0M from two investors before CRV, whose amount is undisclosed, so the aggregate is at least half a million light.
  4. Revenue is more visible than capital.One named customer, Kern Family Health Care, has spent about $370,000 on the software per KFF Health News. That single contract sits in the same order of magnitude as each disclosed equity cheque. A public customer number and a private cap table is an unusual inversion this early.
  5. The investor mix signals the market.A venture firm beside a health foundation innovation fund points at safety net buyers, where a foundation cheque works as a reference as much as a financing.

Commercial signals

Signal Detail Source type
Customers Kern Family Health Care, Ritter Center, Central California Alliance for Health, Kern County Public Health. Plans and clinics across five counties. Independent
Contract value About $370,000 spent by Kern Family Health Care as of Aug 2026. Independent
Usage KFF: 800,000 plus calls to 387,000 members. CHCF, three weeks earlier: 1.2 million plus calls, 270,000 enrollees. Accounts differ
Outcome Kern Family renewal 94.9 percent in April 2026 per KFF, 96 percent over the first year per CHCF. Ritter Center blood pressure control 73 percent against 62 percent. Plan-reported
Regulatory exposure FCC Declaratory Ruling 24-17 (Feb 8, 2024) puts AI generated voices inside the TCPA artificial voice definition, requiring prior express consent. No enforcement action involving this company was found. Public record
Competition Assort Health raised a $120M Series C at unicorn valuation in June 2026 in the same category. Independent

What to watch

  • A first Form D under Careforce or Helpcare AI, due within 15 days of a first sale in a Regulation D offering.
  • Whether the venture databases that merge the two Careforce entities correct the record.
  • A priced round. CRV invested in November 2024 and the category repriced sharply in 2026.
  • Contract disclosures from public payers and county agencies, the cleanest revenue signal available here.
  • January 1, 2027, when Medicaid work documentation requirements start applying at renewal.

The Careforce story on Healthcare DiscoveryHealthcare Discovery

Related companies

  • Helium Health: Shared investor: Innovation Fund. A Lagos company that digitised hospital paperwork across West Africa, then started lending to the hospitals it had digitised
  • Pair Team: Shared investor: Chcf Innovation Fund. A California medical group delivering Medicaid Enhanced Care Management to people living in shelters, cars and encampments
  • Reshape Biotech: Shared investor: Innovation Fund. A Copenhagen company that builds one robot for each routine job in a microbiology lab: pouring agar, incubating plates, photographing them and counting what grows
  • PipeBio: Shared investor: Innovation Fund. A five person Danish company that built cloud bioinformatics for antibody discovery, got its name into the methods sections of twenty published papers, and was bought by

Sources

  1. Public recordForm D, Careforce Inc., CIK 0002095881, Hayward, CASEC EDGAR · Nov 7, 2025
  2. Public recordEDGAR company and full text search, Careforce and HelpcareSEC · Sep 22, 2026
  3. Public recordDeclaratory Ruling FCC 24-17, docket 23-362FCC · Feb 8, 2024
  4. Public recordThe Y Combinator Standard DealY Combinator · accessed Sep 22, 2026
  5. IndependentHow AI-Powered Outreach Is Helping Californians Keep Medi-CalCalifornia Health Care Foundation · Jul 16, 2026
  6. IndependentAI Is Being Used to Boost Medicaid EnrollmentKFF Health News with Capital & Main · Aug 4, 2026
  7. IndependentHelpcare AI company profile, investors and fundingPitchBook · accessed Sep 22, 2026
  8. IndependentCareforce company profile and funding recordTracxn · accessed Sep 22, 2026
  9. IndependentCareforce portfolio entryCRV · accessed Sep 22, 2026
  10. IndependentAssort Health scores $120M series CFierce Healthcare · Jun 24, 2026
  11. CompanyCareforce company page and launch postY Combinator · Nov 22, 2024

Compiled from SEC, FCC and other public records and published reports as of September 22, 2026. Form D notices report offerings under Regulation D; amounts reflect the filing date. The Form D above was filed by a separate issuer sharing the Careforce name and appears here only so it is not read as this company’s record. Healthcare Venture Capital Fund holds no position in Careforce. This page is not an offer to sell or a recommendation to buy any security.