FundedIQ
Financial Services

Latent: Funding, Investors & Team (Aug 2026)

Latent creates language models in the medical field with the intention of lowering expenses related to healthcare operations.

latenthealth.com LinkedIn San Francisco, United States 1-10 employees
Total raised
$80.5M
Rounds
2
Latest
Series A
Mar 2026

Latent has raised $80.5M across 2 funding rounds on record, the most recent a Series A of $80.0M announced in Mar 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Latent Company Profile and Key Stats

Total funding raised
$80.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$80.0M in Mar 2026
Employees
1-10
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Mar 2026.

Latent Funding Rounds

Date
Round
Amount
Series A
$80.0M
Pre-Seed
$500k

Latent raised $500k in a Pre-Seed announced in Apr 2023.

2.9 years later, a Series A of $80.0M was announced in Mar 2026.

Latent Founders and Leadership Team

Name
Role
Contact
Rishabh Jain
Founder
Sriram Somasundaram
Founder
Locked

Contact details for the Latent team: 1 of 2 have an email address on file, 1 has a LinkedIn profile.

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Latent Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Latent's latest round of $80.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Latent Funding FAQs

What does Latent do?

Latent creates language models in the medical field with the intention of lowering expenses related to healthcare operations.

How much funding has Latent raised?

Latent has raised $80.5M across 2 rounds on record. The most recent is a Series A of $80.0M announced in Mar 2026.

When did Latent last raise funding?

Latent's most recent funding round on record is a Series A of $80.0M, announced in Mar 2026.

Who founded Latent?

FundedIQ lists Rishabh Jain (Founder), Sriram Somasundaram (Founder) at Latent.

Where is Latent headquartered?

Latent is based in San Francisco, California, United States.

How many employees does Latent have?

Latent is in the 1-10 employee band.

How does Latent's funding compare to other Financial Services startups?

Latent's latest round of $80.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Latent Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Latent is left off this page rather than filled in.

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