Stepful Raises $55M Series C
Stepful, a New York-based healthcare edtech startup that provides AI-assisted workforce training for hospitals, has raised $55 million in Series C funding. The company provides a school-as-a-service platform that trains individuals for healthcare careers, addressing chronic labor shortages in the industry.
The funding round was led by Oak HC/FT, a healthcare-and-fintech investment firm. Additional investors included Foresite Capital, Hearst Ventures, Citi Impact Fund, Y Combinator, and the hospital group Intermountain Health.
Stepful plans to use the capital to expand its partnerships with hospitals and health systems and to launch new advanced degree programs, including registered nursing, respiratory therapy, and medical imaging, alongside continued development of its AI training platform.
Founded by Carl Madi and his team, Stepful operates an online, AI-assisted training pipeline that allows individuals to transition into high-demand healthcare roles through employer-sponsored, debt-free programs. The company aims to replace manual workflows and enrollment caps typical of traditional trade schools.
Funding Details
Company Website: https://stepful.com
Company: Stepful
Raised: $55M
Round: Series C
Funding Date: June 8, 2026
Lead Investor: Oak HC/FT
Additional Investors: Foresite Capital, Hearst Ventures, Citi Impact Fund, Y Combinator, Intermountain Health
Company Website: https://www.stepful.com
Software Category: EdTech