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Daymark Health closes $20M Series A to scale value-based cancer care Founder Justin Bekelman left a tenured Penn professorship to build it $31.5M raised across seed and Series A 2,500+ cancer patients served in year one Princeton, Yale, Johns Hopkins, Memorial Sloan Kettering, Penn Nearly 200 research articles authored Daymark Health closes $20M Series A to scale value-based cancer care Founder Justin Bekelman left a tenured Penn professorship to build it $31.5M raised across seed and Series A 2,500+ cancer patients served in year one Princeton, Yale, Johns Hopkins, Memorial Sloan Kettering, Penn Nearly 200 research articles authored
Justin Bekelman, co-founder and CEO of Daymark Health
The professor who traded the lecture hall for a cap table.
Co-founder & CEO, Daymark Health

Justin Bekelman

He spent twenty years proving what better cancer care looks like. Then he left the university to go build it - and put money on the outcome.

Radiation Oncologist Value-Based Care Philadelphia Founder
The Dispatch

A doctor who decided publishing wasn't fixing it

During the worst months of the pandemic, Justin Bekelman's team did something the system was never designed to do: they delivered chemotherapy to patients in their living rooms. Hundreds of them. Hospitals were overwhelmed, waiting rooms were dangerous, and the rules everyone treated as permanent suddenly bent. He watched a fragmented machine improvise something humane under pressure, and he could not unsee it.

That experience became Daymark Health. Bekelman is the co-founder and CEO of the Philadelphia company, which he describes plainly as "a medical group backed by a technology backbone that integrates with health plans and with oncologists and primary care providers." Translation: Daymark takes on the parts of cancer that a treatment plan ignores - the 2 a.m. symptom panic, the mental health toll, the rides that fall through, the calls that go unanswered - and it does so under contracts that put the company on the hook for total cost of care.

The credentials he walked away from were not small. Bekelman was the Marietta and Howard Stoeckel Professor at the University of Pennsylvania, holding appointments across Radiation Oncology, Medicine, and Medical Ethics and Health Policy at once. He founded and ran the Penn Center for Cancer Care Innovation at the Abramson Cancer Center. He has authored close to 200 research articles and was named to the National Cancer Policy Forum. He is, in the literal academic sense, an authority on how cancer care should be delivered.

Which is exactly why the decision to leave reads as a statement. A researcher who has spent two decades documenting a problem reaches a point where another paper feels like watching the same accident from the same window. Bekelman took the risk-bearing route instead. Daymark does not advise health plans on better care - it signs contracts and accepts the financial consequences if the care isn't better.

The market, it turns out, was ready. "We are seeing a tipping point in oncology, where payers feel the ongoing pressures of managing specialty risk and providers are seeking solutions that put patients first," he said. Daymark launched publicly in April 2025 with $11.5 million in seed funding co-led by Maverick Ventures and Yosemite. By September it had closed a $20 million Series A led by Healthier Capital and Blue Venture Fund. Inside its first year, it was already supporting more than 2,500 patients through a partnership with a Northeast health plan.

The pandemic was like a forcing mechanism for change.
We are scaling cancer care that is more human, more supported, and more accountable.
By The Numbers
$31.5M
Total raised
~200
Research articles
2,500+
Patients, year one
20+
Years in oncology
The Blueprint

What Daymark actually does

01 / The model

Risk, not advice

Daymark signs total-cost-of-care contracts with health plans. It doesn't sell software or consulting - it takes responsibility for outcomes and costs across a patient's cancer journey.

02 / The work

The unglamorous middle

Care navigation, round-the-clock support, mental health services, symptom management at home, and social assistance - the connective tissue that treatment plans assume someone else handles.

03 / The partners

Inside, not around

Daymark works alongside existing oncologists and primary care doctors rather than replacing them, integrating through a technology backbone built to coordinate, not compete.

The Long Game

From Princeton to a cap table

PRINCETON

The grand tour begins

Earns his AB, magna cum laude, from Princeton's Woodrow Wilson School of Public and International Affairs - a policy mind before a clinical one.

2003 - YALE

MD, Yale School of Medicine

Medical degree in hand, with detours through management consulting and a stint as Special Assistant to the Under Secretary of Defense.

2005-2008 - MSK

Chief Resident, Memorial Sloan Kettering

Completes radiation oncology residency at one of the world's leading cancer centers after an internal medicine internship at Johns Hopkins.

PENN

Professor and center director

Joins Penn, becomes the Stoeckel Professor across three departments, and founds the Penn Center for Cancer Care Innovation at the Abramson Cancer Center.

2023

National Cancer Policy Forum

Named to the National Academies forum shaping U.S. cancer policy; elected to the American Society for Clinical Investigation.

2024

Co-founds Daymark Health

Partners with Rob Pahlavan and Jonathan Rhodes out of the venture studio Healthcare Foundry to build the company.

APR 2025

Public launch, $11.5M seed

Daymark emerges from stealth, co-led by Maverick Ventures and Yosemite, already serving thousands of patients.

SEP 2025

$20M Series A

Healthier Capital and Blue Venture Fund lead the round to scale the platform nationally.

In His Words

Despite advances over the past 50 years, patients still face a fragmented health system that gets in the way of comprehensive, personalized cancer care.

- Justin Bekelman, on why he built Daymark
Quotable

The thesis, in fragments

We built Daymark Health to provide compassionate, intelligent, and frictionless cancer care at scale.
Daymark is a medical group backed by a technology backbone that integrates with health plans and with oncologists and primary care providers.
We are seeing a tipping point in oncology, where payers feel the ongoing pressures of managing specialty risk and providers are seeking solutions that put patients first.
We are scaling cancer care that is more human, more supported, and more accountable.
Marginalia

Five things worth knowing

1
His Penn title spanned three departments simultaneously - Radiation Oncology, Medicine, and Medical Ethics and Health Policy. Few academics get to be in that many rooms at once.
2
Before medicine fully claimed him, he worked as a management consultant and served as Special Assistant to the Under Secretary of Defense.
3
His training is a clean sweep of the marquee institutions: Princeton, Yale, Johns Hopkins, and Memorial Sloan Kettering.
4
Daymark's clinical advisory board is chaired by Ezekiel Emanuel, an architect of the Affordable Care Act.
5
The seed of the company was literal home-delivered chemotherapy during COVID - an improvisation that he refused to let snap back to normal.