# Ilana Borkenstein

> Ilana Borkenstein is the co-founder and CEO of M7 Health, a New York healthtech company building nurse staffing and scheduling software designed by the people who live the night shift. A registered nurse who worked a bone marrow transplant unit at Memorial Sloan Kettering - the literal M7 floor the company is named for - she turned a Harvard Business School class project into a platform now used daily by tens of thousands of clinicians across more than 60 hospitals. M7 has raised about $17 million, including a $10 million Series A led by Threshold Ventures, on a single idea: fix nurse scheduling not as a math problem but as a human one.

- **Role:** Co-Founder & CEO at M7 Health
- **Organizations:** M7 Health, Memorial Sloan Kettering Cancer Center, Elektra Health, Alula, Deloitte
- **Nationality:** American
- **Education:** BS in Nursing, University of Pennsylvania, MBA, Harvard Business School
- **Known for:** Co-founded and leads M7 Health, used daily by tens of thousands of healthcare professionals across more than 60 hospitals in 29 states, Raised approximately $17 million in total funding, including a $10M Series A led by Threshold Ventures, Named a 2022-2023 Blavatnik Fellow at Harvard Business School

## Career timeline

- **—** — Earned a BS in Nursing from the University of Pennsylvania
- **—** — Worked as a healthcare consultant at Deloitte
- **—** — Registered nurse on the bone marrow transplant unit (M7) at Memorial Sloan Kettering Cancer Center, which converted to a COVID-19 unit
- **—** — Operational roles at early-stage health-tech startups Elektra Health and Alula
- **—** — Attended Harvard Business School; met co-founder Eric Gruskin in a startup operations class
- **2022** — Co-founded M7 Health and was named a 2022-2023 HBS Blavatnik Fellow
- **2022** — Raised $1.75M pre-seed led by 25m Health
- **—** — Closed a seed round and grew customer base roughly 10x in a year
- **2025** — Raised $10M Series A led by Threshold Ventures, bringing total funding to about $17M

## Achievements

- Co-founded and leads M7 Health, used daily by tens of thousands of healthcare professionals across more than 60 hospitals in 29 states
- Raised approximately $17 million in total funding, including a $10M Series A led by Threshold Ventures
- Named a 2022-2023 Blavatnik Fellow at Harvard Business School
- Delivered customer results including 50%+ reduction in scheduling/administrative time, 40%+ reduction in overtime, and 80%+ reduction in contract labor hours
- Built a company where roughly a quarter of employees are nurses

## Latest updates

- **2025-07** — M7 Health announced a $10M Series A led by Threshold Ventures, with First Round Capital, Lakehouse, and 25m Health participating, bringing total funding to about $17M.

## Links

- Website: https://m7health.com
- LinkedIn: http://www.linkedin.com/in/ilanaspringer

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Profile page: https://yespress.io/ilana-borkenstein
Published by YesPress — https://yespress.io
Last updated: 2026-06-12