Sword Health Secures $130 Million in Series D Funding, Valuation Soars to $3 Billion

Sword Health, a leading health technology startup based in the United States, has successfully closed its Series D funding round, raising $130 million and bringing the company's valuation to a remarkable $3 billion. Prominent investors in this round include Khosla Ventures, General Catalyst, BOND, and Founders Fund.

Founded in 2015 by Virgilio Bento, Sword Health has made significant inroads in the physical therapy sector by offering innovative digital solutions. The company utilizes advanced artificial intelligence technology to provide high-quality physical therapy services directly to patients' homes. This AI-supported platform enables patients to treat various health issues, particularly musculoskeletal disorders, from the comfort of their own homes.

The AI system developed by Sword Health, named Phoenix, guides users through their exercises with human-like voice instructions. This allows patients to perform their treatments accurately and comfortably at home. The platform offers personalized treatment plans tailored to each patient's specific needs and monitors their progress in real time. Feedback from patients is continually used to improve treatment processes, enhancing the effectiveness of the therapy offered.

In addition to general physical therapy, Sword Health also develops treatment programs for specific health issues, such as women’s pelvic health. The company’s goal is to make physical therapy more accessible, cost-effective, and user-friendly, thereby improving patients' quality of life.

The funds raised in this latest investment round will be strategically held in the bank to generate interest income, as announced by Sword Health. This financial strategy aims to enhance the company’s sustainability and support its growth in the global market. With this new capital, Sword Health plans to accelerate its innovations in health technology and expand its reach to a broader audience.

Sword Bertrand, the CEO of Sword Health, commented on the successful funding round: "This significant investment not only validates our innovative approach to healthcare but also empowers us to push forward with our mission to revolutionize physical therapy across the globe."

The strong interest from investors underscores Sword Health's potential for continued development of innovative solutions in the healthcare sector. The company is poised to maintain its leadership in integrating AI technology into healthcare services, promising a future of enhanced therapeutic options for patients worldwide.