Funding profile · Health IT, revenue cycle automation

Ember

A $4.3 million seed round from Nexus Venture Partners and Y Combinator, announced in November 2025. No Form D for the round has surfaced on SEC EDGAR under any name tied to the company as of this writing.

$4.3MSeed round announced Nov 19, 2025, led by Nexus Venture Partners
$4.8MTotal raised across 2 rounds, independent estimate (Tracxn)
$0Amount confirmed by a Form D found on SEC EDGAR to date
433%Customer base growth, year to Sep 2026, company-reported

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

Rounds at a glance

When Round Amount Investors Source
By 2024 Earliest funding (round type not disclosed) Not disclosed; implied by the gap between $4.8M total and the $4.3M seed Y Combinator Tracxn estimate
Nov 19, 2025 Seed $4.3M Led by Nexus Venture Partners; Y Combinator participating Company release

What the filings show

No Form D notice for this company was found on SEC EDGAR. A company search of EDGAR for filers whose name starts with “Ember,” “Ember AI,” “Ember Copilot,” or “Wisdom Inc” (the byline attached to the company’s own Nov 19, 2025 wire release) returned no Form D filings tied to a healthcare revenue cycle company. A separate full text search of EDGAR for “embercopilot” and for “Ember AI” as Form D text also returned zero hits, both checked Sept 25, 2026.

The pre-collected EDGAR sweep behind this profile lists more than 80 Form D notices mentioning some variant of “Ember,” none of which describe this company. They belong to a smart-mug maker (EMBER TECHNOLOGIES, INC., CIK 0001636781), a cocaine use disorder drug developer (Ember Therapeutics, Inc., CIK 0001537900), several private equity and infrastructure funds (the Ember Infrastructure Fund family and Red Ember Partners), a crypto index fund (Ember Fund, Inc.), a hedge fund (Balance Ember Fund), an apparel company (Echoes and Ember, Inc.), a healthcare MSO unrelated to this platform (Ember Health MSO, LLC, CIK 0001823122, North Carolina), and a Delaware entity called Ember Health Inc. (CIK 0002139026) that filed a Form D in June 2026 from a Summerfield, North Carolina address, not the San Francisco or Burlingame address this company uses.

Reading the filings

  1. The absence of a Form D does not mean no money moved.Companies raising through Section 4(a)(2), or through SPVs formed for a single deal, are not always required to file, or may file under a vehicle name unrelated to the operating brand.
  2. Tracxn’s total is bigger than the announced seed.Tracxn counts $4.8M raised across two rounds against a single publicly announced $4.3M seed, a gap of about $500,000 that suggests an earlier round, most likely an angel or pre-seed close around the company’s 2024 Y Combinator batch, that was never separately announced.
  3. The legal entity name is a lead worth following.The Nov 19, 2025 GlobeNewswire release lists its author as “Wisdom Inc,” and Tracxn’s legal-entity table for this company lists a matching entity, “WISDOM INC.” A search of EDGAR for “Wisdom” as a company name prefix, filtered to Form D, returned zero results as of Sept 25, 2026, so this does not resolve the gap.
  4. The seed round is recent enough that a Form D could still land.A Form D is due within 15 days of a first sale under Rule 506(b). If the seed’s first sale postdates the Nov 19, 2025 announcement, a filing could appear after this profile was compiled.
  5. Revenue estimates and funding estimates disagree in scale.GetLatka estimates $330,000 in 2025 revenue and lists $0 in reported funding, missing the $4.3M seed entirely; this illustrates how unreliable third-party revenue and funding estimates can be for a company with no SEC paper trail to check them against.

Commercial signals

Signal Detail Source type
Customer growth 433% customer base growth in the year to Sept 2026, with 100% retention, cited by the company. Company-stated
Scale Nearly 100 clinics across 11 specialties; approximately 16 million transactions processed a year. Company-stated
Named customers Midwest Vision Partners, Direct Orthopedic Care, and Elevate ENT Partners, named with quoted staff in the Sept 2026 release. Company-stated
Independent customer confirmation Fierce Healthcare reported the company’s customers “include the U.S. Dept. of Veterans Affairs and one of the largest pediatric healthcare systems in the United States,” without naming the latter. Independent
Accelerator Y Combinator, batch F24 (Fall 2024), which also participated in the Nov 2025 seed. YC data
EHR integrations Company says it integrates with Epic, Oracle Cerner, athenahealth, and eClinicalWorks. Company-stated

What to watch

  • A Form D filed under the company’s actual legal name, which would confirm deal size, investor count, and any related persons.
  • Whether Tracxn’s $4.8M total gets a matching announcement or filing for the round not covered by the Nov 2025 seed.
  • Whether the VA and the unnamed pediatric system Fierce Healthcare cited are named or quoted directly by the company.
  • A Series A or similar round following the November 2025 seed.

The Ember story on Healthcare DiscoveryHealthcare Discovery

Related companies

  • Claim Health: Shared investor: M Seed Fund. An AI platform built to automate billing for home health, hospice and home care agencies, from the first referral to the last reimbursement
  • Mecha Health: Shared investor: M Seed Fund. Four University College London researchers built a chest x-ray model that writes the whole report, published benchmarks saying it matches or beats radiologists, and
  • Triomics: Shared investor: Nexus Venture Partners. An oncology-tuned language model that reads the whole cancer chart and hands research coordinators a cited worklist before clinic opens
  • Invert: Shared investor: M Seed Fund. Software that pulls data off bioreactors and analytical instruments, harmonizes it, and since October 2025 answers questions about it in plain language

Sources

  1. CompanyNexus Venture Partners Leads $4.3M Seed Funding in Healthcare AI Startup Ember AIembercopilot.ai press release · Nov 19, 2025
  2. IndependentNexus Venture Partners Leads $4.3M Seed Funding in Healthcare AI Startup EmberGlobeNewswire · Nov 19, 2025
  3. IndependentEmber Raises $4.3 Million in Seed RoundThe SaaS News, Ben Murray · Nov 25, 2025
  4. IndependentEmber Raises $4.3M to Cut Healthcare Denials by Over 57%HIT Consultant, Fred Pennic · Nov 19, 2025
  5. IndependentEmber nabs $4.3M to help providers head off payer denials, in Fierce Healthcare Fundraising TrackerFierce Healthcare · Nov 19, 2025
  6. IndependentEmber, 2026 company profile, funding and legal entitiesTracxn · accessed Sep 25, 2026
  7. IndependentEmber Copilot Revenue 2025: $330K Est. ARRGetLatka · accessed Sep 25, 2026
  8. Public recordEDGAR company search, filers named Ember, Ember AI, Ember Copilot, and Wisdom Inc, Form DSEC EDGAR · searched Sep 25, 2026
  9. Public recordEDGAR full text search, “embercopilot” and “Ember AI,” Form DSEC EDGAR · searched Sep 25, 2026
  10. Public recordPre-collected EDGAR Form D mentions of “Ember,” 80-plus unrelated filersSEC EDGAR · compiled for this profile
  11. Public recordEmber Health Inc., CIK 0002139026, Form DSEC EDGAR · filed Jun 5, 2026
  12. CompanyEmber AI Customer Base Grows 433% as Specialty Healthcare Moves Toward Proactive Revenue IntegrityPR Newswire · Sep 22, 2026
  13. CompanyEmber, Y Combinator company pageY Combinator · accessed Sep 25, 2026

Compiled from SEC 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. Healthcare Venture Capital Fund holds no position in Ember. This page is not an offer to sell or a recommendation to buy any security.