AIHealthcare

Sword Health is a privately held digital healthcare company founded in 2015 that uses artificial intelligence, wearable technology, and licensed clinicians to deliver virtual care. It began with digital musculoskeletal (MSK) and physical therapy services, including chronic, acute, and postsurgical care, and has expanded into women’s health, mental health, and cardiometabolic care. Its platform includes AI-supported products such as Phoenix, described by the company as an AI Care Specialist, alongside clinician-supervised programs. Sword primarily serves employers, health plans, and other healthcare organizations, positioning itself as an AI-first alternative to conventional in-person care and a major participant in the digital MSK market. The company announced a $40 million financing round in June 2025 at a $4 billion valuation and remained private based on the available information.