Business · Companies · 28 mins ago
BioStack raises $9.5 million to build datasets for medical AI
BioStack has raised $9.5 million in seed funding to build datasets for medical AI.
Founded in 2025 by Sanat Mishra and Parth Patwa, the startup works across the US, Brazil and Argentina, and is expanding into other markets, including India.
It combines fragmented clinical information from sources such as health records, scans, notes and medication data to create datasets for research and AI development.
BioStack says it has processed 100 million de-identified patient records, along with medical scans and telehealth transcripts.
The new funding will support international expansion, technology upgrades and hiring in engineering and research.
The company says it also offers workflows designed to protect patient privacy and connects cancer patients in India with an investigational vaccine program.
The funding comes as India attracts companies collecting data to train AI systems, a market projected in the story to reach $1.3 billion by 2033.
BioStack raised $9.5 million in a seed round led by Peak XV Partners to build datasets for medical AI.
The startup combines fragmented clinical information to create datasets for research, biotechnology and AI model development.
It plans to use the funding to expand internationally, scale its technology and hire in engineering and research.
BioStack says its data network includes the US, India, Brazil and Argentina.
The company says it has processed 10 crore de-identified patient records.
- Who
- BioStack, a healthtech startup founded by Sanat Mishra and Parth Patwa.
- What
- It raised $9.5 million in a seed funding round to build datasets for medical AI.
- When
- The round was reported on October 26 and 27, 2026.
- Where
- BioStack operates across the US, India, Brazil and Argentina.
- Why
- The company plans to expand internationally, scale its technology and increase hiring.
This story does not have two clearly opposing sides.
Sanat Mishra and Parth Patwa founded BioStack.
Inc42 reported that BioStack raised $9.5 million in a seed round.
Tech in Asia reported on the $9.5 million seed round.
- Funding
- $9.5 million seed round
- Lead investor
- Peak XV Partners
- Founders
- Sanat Mishra and Parth Patwa
- Founded
- 2025
- Patient records
- 10 crore de-identified records processed, according to Inc42
- Markets
- US, India, Brazil and Argentina
2 sources
What people are saying
We’re building the infrastructure that connects all of the clinical information and makes it useful, both for clinicians making decisions today and for the researchers and AI developers building the future of medicine,