Cardamom Health

Cardamom Health

Healthcare IT optimization via data analytics

Overview

Cardamom Health provides data, analytics, AI, and applications services to healthcare organizations, helping them optimize IT investments, stabilize and reduce IT costs, and improve access to data to create actionable insights. Their work involves enabling better data access, managing data and analytics workloads, and building AI-powered applications that convert data into insights for better patient care and financial results. Compared with competitors, Cardamom Health focuses specifically on the healthcare sector and offers end-to-end support across data, analytics, AI, and applications to help organizations optimize IT spend and derive actionable insights, rather than offering standalone tools. The company's goal is to help healthcare organizations get the most from their IT investments, improve care quality, and achieve stronger financial outcomes by turning data into useful, timely insights.

Significant Headcount Growth

About Cardamom Health

Simplify's Rating
Why Cardamom Health is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

AI & Machine Learning

Healthcare

Company Size

201-500

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$4M

Headquarters

Madison, Wisconsin

Founded

2021

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Simplify's Take

What believers are saying

  • Valspring invested in January 2026 to expand advisory and managed services.
  • Cardamom opened a larger Madison office on August 5, 2026.
  • Modern Healthcare named Cardamom a 2026 Best Places to Work in Healthcare.

What critics are saying

  • Accenture, Deloitte, and Optum can commoditize EHR services and squeeze margins.
  • Hiring nontraditional talent limits senior bench depth during 2026 expansion.
  • No proprietary software creates an existential risk if clients re-platform to in-house teams.

What makes Cardamom Health unique

  • Founded in 2021, Cardamom combines EHR services, analytics, AI, and managed services.
  • Minority-owned, team-based delivery trains nontraditional talent faster than legacy healthcare consultancies.
  • Valspring’s January 2026 board seat adds healthcare capital and operating credibility.

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Funding

Total Funding

$4M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity Non VC Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

35%

1 year growth

35%

2 year growth

35%
Pioneer Publishers
Jan 12th, 2026
Cardamom secures minority investment from Valspring Capital to expand health IT services

Cardamom, a Madison-based health IT professional services company, has secured a minority investment from Valspring Capital. The company specialises in data, analytics, AI and electronic health record services for healthcare providers and payers. Founded in 2021, this marks Cardamom's second funding round following a 2024 investment from HealthX Ventures and the Wisconsin Economic Development Corporation. The investment will expand Cardamom's advisory services and managed services offerings. Valspring co-founder Yumin Choi, a healthcare investor with nearly 20 years' experience and former Bain Capital Ventures partner, will join Cardamom's board. The company uses a team-based, AI-first approach to help healthcare organisations improve care quality whilst reducing costs. Cardamom also focuses on training team members without prior health IT experience.

PR Newswire
Jan 12th, 2026
Cardamom® announces investment by Valspring Capital to support rapid growth

/PRNewswire/ -- Cardamom®, a minority-owned, technology-forward health IT professional services company specializing in data, analytics, AI, and applications,...

Intelligence360 News
May 6th, 2024
Cardamom Health Has Filed A Notice Of An Exempt Offering Of Securities To Raise $4,045,000.00 In New Equity Investment.

According to filings with the U.S. Securities and Exchange Commission, Cardamom Health is raising up to $4,045,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Vivek Swaminathan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About Cardamom HealthCardamom Health is an EHR consulting services firm and multi-disciplinary team of data, analytics, and application experts. Leveraging our team-based approach, we solve complex IT and operational challenges across your entire healthcare organization from patient engagement to value-based care, revenue cycle optimization, clinical research, EHR application support, and beyond. Our data, analytics, and applications experts help healthcare organizations get the most from their IT investments, stabilize and reduce IT costs, and optimize access to data to create actionable insights, driving improved quality and financial outcomes. As the healthcare landscape continues to evolve, organizations are constantly balancing strategic initiatives with ongoing maintenance and daily support

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