Sword Health is moving along the care continuum.
What’s happening: The AI-enabled digital health platform secured $40M and launched Mind, a proactive mental health service. Reaching a $4B valuation, it plans to scale its proven remote care model.
On the mind. Addressing the global burden of musculoskeletal conditions, Sword has hosted 6.5M AI-driven PT sessions for 500K members since 2020 while adding services like pelvic floor therapy.
Now targeting the behavioral therapist shortage, it’s combining AI agents, wearables, and clinical oversight to address anxiety and depression. Outcome-based, it’ll only charge employers when users improve.
Market movement. As competitors Hinge Health and Omada find success in the public market, Sword will delay its IPO, instead pursuing another funding round next year.
Establishing itself as a global AI-first care company, CEO Virgílio Bento says Sword will enter other labor-intensive fields “still dominated by unscalable and ineffective models”—like cardiovascular health, GI care, and speech therapy—through development and acquisition.
Looking ahead: An unfortunate fact, timely contextualized care isn’t accessible for most who need it. Building a new model, Sword will position AI as a responsible solution.
