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Heidi raises $475 million, hits $1.26 billion valuation in blockbuster funding round

Heidi plans to use the blockbuster funding to scale its AI “care partner”, capable of handling more background tasks for time-poor clinicians.
Heidi founders
Heidi co-founders Yu Liu, Dr Thomas Kelly and Waleed Mussa. Source: Supplied

AI-powered healthcare platform Heidi has secured $475 million in new capital through a blockbuster fundraise that values the business at $1.26 billion.

Co-founded in 2021 by Dr Tom Kelly, Waleed Mussa, and Yu Liu, Heidi records appointments and produces structured documents for medical professionals to review.

With one of the most significant capital raises of any Australian venture this year, the newly minted unicorn plans to grow further beyond its existing transcription and case management tools.

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