Vori Health: $53 Million (Series B) Raised For Transforming Value-Based Musculoskeletal Care

By Amit Chowdhry ● Mar 13, 2025

Vori Health, which is one the nation’s pioneering physician-led solutions for musculoskeletal care, announced a $53 million Series B funding round. The funding round was led by NEA and with continued support from AlleyCorp, Intermountain Health’s Intermountain Ventures, Echo Health Ventures, and Max Ventures.

This oversubscribed round is a testament to Vori Health’s rapid growth and innovative care model. And in just 18 months, the company has delivered remarkable clinical outcomes and significant cost savings for patients and partners alike, while achieving an 800% revenue increase.

Launched to transform the U.S. musculoskeletal care system, where patients often endure fragmented treatment paths, unnecessary surgeries, and subpar outcomes at premium costs, Vori Health’s comprehensive physician-led approach has achieved extraordinary milestones since its Series A funding. And these transformative results include 91.6% of patients reporting clinically significant pain improvement, a remarkable 78-90% reduction in elective orthopedic surgeries, a 42% decrease in opioid utilization, and up to a 68% reduction in depression and anxiety among patients.

Vori Health’s integrated approach strongly appeals to health plan and employer clients by offering a verified 4:1 ROI while maintaining exceptional patient satisfaction.

The new funding round will propel Vori Health’s mission to transform value-based musculoskeletal care nationwide. Plans include deepening its value-based care initiatives (including evolving toward increasingly sophisticated economic models with two-sided population health risk), investing in advanced data analytics for more precise targeting of high-risk members, and enhancing its AI-powered technology platform and clinical programs to benefit even more patients, employers, and health plan partners.

This funding enables Vori Health to accelerate its vision of a healthcare system in which musculoskeletal treatment is not only more effective and accessible but fundamentally more humane—providing patients a pathway to recovery that optimizes their outcomes, reduces unnecessary interventions, and transforms the overall care experience.

KEY QUOTES:

“This investment marks a pivotal moment in our journey to deliver truly value-based musculoskeletal care at scale. By integrating board-certified specialty physicians, cohesive care teams, and cutting-edge technology, we’re achieving outstanding outcomes nationwide. The swift adoption of our platform by Fortune 200 companies and national health plans clearly indicates that the market is primed for our comprehensive solutions.”

  • Ryan Grant, Co-Founder and CEO of Vori Health

“Vori Health’s physician-led model, combined with exceptional clinical results and improved cost savings, distinguishes them in a highly competitive market. We believe Vori has emerged as a pioneering leader in the value-based musculoskeletal care space and are thrilled to deepen our partnership as they continue to scale their transformative value-based care delivery platform.”

  • Mohamad Makhzoumi, Co-CEO, NEA

“With musculoskeletal conditions representing a large part of our healthcare spend, partnering with an innovative leader like Vori Health has been one of our best strategic decisions. Their physician-led approach delivers exceptional care in a convenient setting that our members value while generating substantial cost savings for our organization—it’s the win-win solution we’ve been searching for.”

  • The Vice President of Medical Affairs at a large health plan partner

 

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