Funding profile · Physical therapy billing
Copper Health
A Y Combinator Winter 2024 company with no SEC Form D on file and no reported venture round. The only capital event any tracker documents is a standard accelerator investment, and one data provider now lists the company as closed.
Data as of September 22, 2026. Company-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Jan 1, 2024 | Accelerator/Incubator | Not itemized in the deal table; PitchBook’s FAQ separately states $500,000 raised to date | Y Combinator | PitchBook |
| Not applicable | No seed, Series A or other priced round reported | Not disclosed | None named | Not found |
| Feb 24, 2026 | PitchBook status change: Out of Business | Not applicable | Not applicable | PitchBook |
What the filings show
Nothing. No Form D for Copper Health, Inc., or for any similarly named entity, turns up in SEC EDGAR as of September 2026. That is not unusual for a company at this stage: a Y Combinator investment is typically structured as a SAFE, and a company that has not raised a separate priced round under Regulation D has no reason to file one. But it also means there is no federal filing to check PitchBook’s numbers against.
Reading the record
- The only funding total on record is small and unverified by a filing.PitchBook’s FAQ says Copper Health has raised $500,000 total, and its deal table shows a single Accelerator/Incubator entry dated January 1, 2024, with no amount shown in that row. $500,000 is consistent with a standard Y Combinator check, though PitchBook does not cite a source for the figure and no SEC filing confirms it.
- Two independent trackers say zero.GetLatka and Extruct AI both report no funding raised for Copper Health. That is not a contradiction so much as a different threshold: PitchBook is counting the accelerator investment as a funding event, and the other two are not.
- PitchBook is the only source that says the company has closed.Its record lists a second deal type, Out of Business, dated February 24, 2026. No obituary, press note or founder statement explaining a shutdown was found anywhere else. The company’s own site and LinkedIn company page were both reachable when this page was researched in September 2026, and the site’s RTM pricing explainer had been updated for CPT codes that took effect January 1, 2026, after the date PitchBook lists as the closure.
- Headcount estimates do not agree either.GetLatka puts the team at about 4 people as of 2024, reaffirmed for 2026. LinkedIn’s company page lists 11 to 50 employees. Tracxn lists 1 employee as of June 2026. None of the three cite a payroll record; they are independent estimates, not a single verified count.
- No investor is named anywhere.Beyond Y Combinator itself, no venture fund, angel or family office is named as a Copper Health investor in any source checked, including Altss, which specifically tracks family office allocations to YC companies and lists none here.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Revenue | GetLatka estimates about $440,000 in 2025 revenue, up from $0 at the 2024 launch. | Estimate |
| Pricing model | No upfront or fixed fee; Copper Health is paid out of the RTM revenue it helps a clinic bill, company-stated at roughly $150 per patient per month. | Company-stated |
| Named customers | The site claims practices are “trusted by” Copper Health but names none. | Not found |
| Regulatory or clinical record | No FDA record, registered trial, NIH award or SEC filing found for the company. | Not found |
What to watch
- Whether PitchBook’s Out of Business status is corrected, confirmed elsewhere, or contradicted by continued site and LinkedIn activity.
- A first SEC Form D, which would confirm any priced round beyond the Y Combinator investment.
- Whether GetLatka’s revenue estimate is followed by any company-disclosed figure.
- Consistent employee and location data, which currently varies by tracker between San Francisco and New York, and between 1 and 50 people.
The Copper Health story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- IndependentCopper Health 2026 Company Profile: Valuation, Funding and Investors
- IndependentCopper Health company profile and founder listing
- IndependentCopper Health Revenue 2025: $440K Est. ARR
- IndependentCopper Health Funding, Complete Analysis
- IndependentCopper Health, YC Company Profile
- CompanyCopper Health homepage and pricing claims
- CompanyCopper Health company page
- CompanyCopper Health company profile
Compiled from SEC records and third party trackers as of September 2026. Form D notices report offerings under Regulation D and none was found for this company. Healthcare Venture Capital Fund holds no position in Copper Health. This page is not an offer to sell or a recommendation to buy any security.