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Sword Health

Funding History

$0$1.0B$2.0B$3.0B$4.0B202120222023202420252026
Valuation by funding round
Series D · 11/2021$2.0B
Growth Round · 06/2024$3.0B
Growth Round · 06/2025$4.0B

About

Sword Health builds AI-native musculoskeletal and multi-condition virtual care by pairing licensed clinicians with proprietary motion-tracking wearables and generative-AI-guided exercise programs.

totalFundingRaised
$418.00M (across its four most recent disclosed primary rounds, 2021-2025)
latestValuation
$4.00B
enterpriseClients
1,000+
membersServed
700,000+
annualRevenueRunRate
$240.00M

Overview

Founded in 2015 by Virgílio Bento and Márcio Colunas in Porto, Portugal, Sword Health began as a digital musculoskeletal physical therapy platform pairing wearable motion sensors with licensed physical therapists and AI-guided exercise plans, and has since expanded into a broader AI-driven care platform spanning mental health, pelvic health, and cardiometabolic care.

As of mid-2026 the company reports serving more than 1,000 enterprise and health-plan clients, with over 700,000 members having completed more than 10 million AI-guided care sessions since 2020, and cites more than $1 billion in unnecessary healthcare costs avoided for its clients.

Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.

For more information, view our disclosures.