Healthcare AI Startup Elion Raises $9.3 Million Seed Round Led by NEA

Elion, headquartered in New York, is an AI-driven research and intelligence platform specializing in healthcare technology. The company has raised $9.3 million in an oversubscribed seed funding round. The round was led by New Enterprise Associates (NEA), a leading venture capital firm in digital health. Like investors include Scrub Capital, Cedars-Sinai Health Ventures, TMV and Alumni Ventures. Existing supporters such as Max Ventures, AlleyCorp, and Floating Point also took part in the investment.

Elion Guides Hospitals to the Best Tech

Today, the healthcare industry is changing very quickly. Choosing the right technology can decide whether an organization leads in innovation or falls behind. With the growth of generative AI and other advanced tools, the market for healthcare technology is crowded and confusing. Many healthcare providers do not have enough time, resources or clear information to pick the best solutions.

Elion helps solve this problem with its trusted health IT marketplace and research platform. It delivers clear, data-driven insights on thousands of healthcare technology vendors. The goal is to make it easy for hospitals, health systems, and payers to choose the right technology quickly, wisely and with confidence.

AI Health IT Platform Powers 60% of U.S. Health Systems

Elion was started in 2022 by Bobby Guelich, who previously worked as a private equity investor at Warburg Pincus and was one of the first team members at Aledade. Today, the AI-powered healthcare technology platform is growing fast. Over 60% of health systems across the U.S. currently rely on Elion health IT marketplace, and its usage has grown fivefold in just the past year.

The platform is more than just a list of vendors. It provides clear insights based on specific healthcare workflows, helping decision-makers quickly find the best solutions. The company also hosts events and offers advisory support to guide healthcare leaders in creating AI strategies and choosing the right vendors.

Healthcare Tech Decisions with AI Insights

“Elion is filling an important gap in healthcare by connecting new ideas with real-world use,” said Mohamad Makhzoumi, General Partner at NEA. “In a fast-changing and high-pressure industry, Company makes it easier for healthcare leaders to choose the right technology by giving them clear and trusted information.”

Michael Li, Principal at NEA, said that “Generative AI has brought a big wave of new healthcare technology solutions, but many providers are slow to adopt them because there are too many options to choose from.” He added that AI-powered platform makes the process fast and easier, so healthcare leaders can spend more time caring for patients instead of dealing with complex technology applications.”

Maureen Burgess, partner at Cedars-Sinai Health Ventures, said she is confident about work. She called Elion a valuable tool for healthcare technology and healthtech intelligence. According to her, it will help hospitals, investors and innovators make smart data-based decisions more easily.

Grows to Support More Hospitals

With the new funding, company will work fast to build its AI-powered healthcare technology platform. It will add more data to its healthcare vendor intelligence database and reach more hospitals and health systems. The company will also hire more people in engineering, research and marketing to help it grow.

Guelich shared that Elion is transforming how healthcare research and advisory services work in today’s AI era. He said the platform uses AI to deliver clear, structured, and reliable insights. With this information, healthcare leaders can quickly find and choose the right technology solutions, helping them make smart decisions with confidence.