Daffodil Health: $16.3 Million Series A Raised For AI-Based Health Plan Platform
By Amit Chowdhry ● Feb 17, 2026
Daffodil Health, an AI-powered platform modernizing U.S. health plan administration and claims processing, has raised $16.3 million in a Series A round, bringing total funding to $20.9 million. The funding was led by Flare Capital Partners, with participation from LRVHealth and returning investor Maverick Ventures, plus individual investors including Scott Mingee, former CEO of Equian, which was acquired by Optum, and Jim Lacy, former president and COO of Collective Medical, which was acquired by PointClickCare.