HealthSnap began with a failure that CEO Samson Magid saw up close. His grandfather lived with heart failure and type 2 diabetes, but much of his condition went unmonitored between medical appointments. Eventually, poorly managed diabetes led to the amputation of a limb.
“Between office visits, he received little to no care, with no one monitoring, no one intervening, no one catching the warning signs,” Magid shared in a LinkedIn post today. “His diabetes went poorly managed, and it cost him a limb. A full amputation that never should have happened.”
“That gap is what we built HealthSnap to close,” he wrote.
Now the Miami healthtech company has secured $25 million in growth financing to expand the virtual-care platform it created to keep patients connected to their care teams beyond the exam room.
The senior secured facility, led by Eastward Capital Partners, will refinance existing debt, strengthen HealthSnap’s balance sheet and fund AI development, commercial expansion and wider deployment of its Advanced Primary Care Management platform.
It is distinct from the $25 million Series B HealthSnap announced in 2024. That equity round brought its total funding at the time to $48.5 million and supported nationwide expansion. The financing arrives with HealthSnap serving more than 80,000 patient programs across 200 health systems and physician organizations. It expects to exceed 100,000 programs by the end of 2026.
The company was founded in 2015 out of University of Miami research into improving health through lifestyle and technology. It launched remote patient monitoring in 2019 and later added chronic care management. Today, its platform receives two patient measurements every second, giving care teams a view of patients between office visits.
“When we founded HealthSnap, we believed healthcare was moving toward a future where continuous, intelligent care would become the standard, not the exception,” Magid [pictured above] shared in an announcement.
HealthSnap is embedding AI across that flow of information. Its tools review progress notes, create clinical summaries, train nurses through patient simulations and support routine interactions such as enrollment and device troubleshooting. In 2025, its AI platform reviewed more than 3 million progress notes. Recommendations remain subject to clinician-defined protocols, with care teams retaining final judgment.
“Our vision has always been to use AI to amplify clinicians, not replace them, helping health systems improve outcomes, strengthen operational performance, and lower the total cost of care,” Magid commented.
HealthSnap said its revenue increased more than fivefold over three years, including 40% year-over-year growth, while EBITDA performance improved 47%. Its partners include Baptist Health South Florida, Mount Sinai Medical Center, Tampa General Hospital, AdventHealth and UnityPoint Health. Several health systems have also invested strategically in the company.
Clinical results are central to its pitch. In a published study of more than 6,500 patients, remote monitoring was associated with a 7.3 mmHg average reduction in systolic blood pressure, rising to 16.7 mmHg for patients with Stage 2 hypertension. Another study accepted for publication associated HealthSnap-powered monitoring with fewer hospitalizations and emergency department visits among high-acuity Medicare patients.
Eastward investment partner Ed Dresner said in the release that HealthSnap had differentiated itself through “exceptional execution, enterprise customer adoption, measurable outcomes, and a highly differentiated platform.”
HealthSnap Co-Founders (left to right): Samson Magid (CEO), Chase Preston (COO), Wesley Smith (Chief Scientific Officer).
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