Wheel is an Austin-based virtual care company that provides the behind-the-scenes infrastructure powering telehealth for health plans, retailers, pharma and digital health brands. Rather than running its own branded clinic, Wheel supplies a configurable platform, a nationwide network of licensed clinicians and the compliance and operations layer companies need to launch and scale virtual care programs. Its Horizon platform, launched in 2024, layers AI and condition-specific care programs on top of a data-first EHR. Wheel says it has delivered care to more than four million people and has raised roughly $216 million, including a $150 million Series C in 2022.
Fabric is a New York-based care enablement company building an AI-powered operating layer that sits on top of hospital and health system technology to automate clinical and administrative work. Its platform spans a Digital Front Door, virtual and in-person care suites, patient engagement, and a 50-state clinical network, all stitched together by a hybrid AI that combines conversational models with clinical logic. Founded by Aniq Rahman, the former Moat president, Fabric grew fast through product plus four acquisitions in 18 months and now reaches more than 75 health systems and roughly 100 million covered lives.