October 10, 2025 • min read
Sword Health Completes $54 Million Employee Secondary Sale
Written by

Sword Health Innovation Team
Exploring the breakthroughs behind AI Care.
Sword has completed a $54 million employee secondary sale, with participation from Noteus Partners, Funds SA, and other investors, providing its current and former employees the chance to turn part of their ownership into liquidity, and realize the value they’ve helped build over the past decade.
For a company founded on the belief that people are its greatest strength, few milestones are more meaningful than enabling Swords, past and present, to share directly in the company’s success.
This tender marks Sword’s second secondary offer in just two years, bringing total employee liquidity opportunities to $180 million.
Business Momentum
This opportunity was made possible due to Sword’s exceptional operating and financial performance, fueled by the growing demand for our AI Care solutions. Some highlights:
- Sword achieved 2x year-over-year revenue growth in Q3 2025 - a rare achievement at our scale
- We’ve helped our clients save over $1 billion in total healthcare costs, validating the economic impact of our AI care model - turns out the best form of healthcare is also the most cost-effective
- And last but not least, we’ve surpassed 600,000 unique members enrolled in one of our programs and delivered over 8 million AI Care sessions, demonstrating both the impact and scalability of our platform.
A Decade of Building
Sword’s story began ten years ago in the basement of a research lab, with a bold idea: that technology could fundamentally reshape how the world delivers and experiences healthcare.
Today, that idea is transforming lives across the globe. Behind it all stands a team whose creativity, hard work, and deep resilience have made this vision a reality.
To every Sword, past and present, thank you for all your contributions and relentless drive.
Looking Ahead
If you’d also like to contribute to a mission that is redefining healthcare delivery from the ground up, and touching the lives of hundreds of thousands of people already, explore our careers page: swordhealth.com/company/careers.