Conduit Health Raises $17M in Series A to Expand Insurance-Covered Medical Supply Platform

There’s a certain kind of friction people accept because they’ve been trained to. Healthcare paperwork is one of those quiet scams. Not illegal, just exhausting enough that most people tap out before they ever get what they’re already entitled to. That’s the lane Conduit Health walked into, looked around, and decided the system wasn’t broken enough… so they built something that actually moves.

Conduit Health just locked in $17M in Series A funding, led by Drive Capital with participation from XYZ Ventures, Twelve Below, and Eniac Ventures, bringing total funding to $22M. Not bad for a company that publicly launched in late 2024 and is already moving like it’s been in the gym for a decade.

Big respect to Natan Wise, CEO and Co-Founder, and Rocky Seftel, Co-Founder, for turning a messy, bureaucratic maze into something that feels almost… direct. And in healthcare, “direct” is borderline revolutionary.

Here’s what hits. In about 16 months, Conduit Health has delivered supplies to over 50,000 patients. February 2026 alone outpaced the entire first half of 2025. That’s not growth, that’s compression of time. They didn’t just speed things up, they bent the curve. Meanwhile, they’ve expanded their catalog fourfold and built a payer network covering 100+ health plans and nearly 90M lives. That’s not distribution, that’s reach with intent.

The engine under the hood is CareOS, their authorization and reimbursement brain trained on over 50,000 claims. It predicts outcomes, navigates payer rules, and handles the administrative chaos that usually eats providers alive. Most companies try to “assist” the system. Conduit Health decided to absorb it, own it, and make it behave.

And that’s the real play. They’re not selling supplies. They’re selling certainty in a space where uncertainty has been the business model. Medicare and Medicaid patients aren’t short on coverage, they’re short on access. Conduit closes that gap without asking the user to become an expert in billing codes just to get what’s already theirs.

Now the roadmap stretches further. Transportation. Medically tailored meals. Home modifications. Same thesis, bigger surface area. If you can orchestrate one of the most fragmented corners of healthcare, you earn the right to expand the stage.

The takeaway isn’t just about funding. It’s about where leverage actually lives. Not in adding more options, but in removing friction so completely that the experience feels obvious in hindsight. Conduit Health didn’t invent demand. They just stopped letting it get lost in the paperwork.