SWORD Health offers at-home musculoskeletal rehabilitation through its Digital Therapist platform, which pairs software-guided exercises with real physical therapists to deliver remote rehab. Patients use the system at home, perform prescribed exercises, and receive real-time feedback to ensure correct form, while therapists monitor progress and adjust treatment. The model serves individuals with MSDs as well as insurers and healthcare providers that deploy the platform to their patients, creating a scalable, data-rich solution for better outcomes and lower costs. The key differentiator is blending digital guidance with licensed therapists to enable effective home-based care that reduces the need for frequent clinic visits. The company aims to increase access to rehabilitation, improve patient outcomes, and reduce overall costs for the healthcare system.
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Late Stage VC
Total Funding
$366.6M
Headquarters
New York City, New York
Founded
2015
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Sword appoints Dr. Adam Wolfberg as Chief Medical Officer. Former Virta Health Chief Medical Officer and Women's Health Specialist joins Sword to lead clinical strategy for healthcare's AI moonshot moment Sword Communications Team Sword, the world's leading AI health company, announced the appointment of Adam Wolfberg, MD, MPH, as Chief Medical Officer. In his role, Dr. Wolfberg will lead Sword's clinical strategy, evidence generation, and medical operations, working closely with the clinical and AI teams. In this role, he will bridge clinical guidance with AI development, embedding clinical rigor and domain-specific safety directly into Sword's AI Care model. Dr. Wolfberg brings extensive experience as a practitioner, academic researcher, and healthcare executive. Most recently Chief Medical Officer at Virta Health, he led the clinical team and evidence generation in diabetes and metabolic care. Prior to Virta, Dr. Wolfberg held leadership roles at Current Health, Ovia Health, and AthenaHealth. An OB/GYN, Dr. Wolfberg completed his residency at Brigham and Women's Hospital and Massachusetts General Hospital, after earning his MD and MPH from Johns Hopkins. He went on to pursue his fellowship at Tufts, where he subsequently was on faculty and held a NIH-funded clinical research position. "Reimagining healthcare with clinical intelligence is the moonshot of our generation, and executing it safely requires rigorous clinical leadership," said Virgílio Bento, founder and CEO of Sword. "Adam's career - from high-risk obstetrics and NIH-funded research to scaling clinical operations at innovative healthcare companies - gives him unique insight into how medicine must evolve. His leadership will be instrumental as we deliver proactive, precise AI Care at population scale." Sword is building frontier models purpose-built for healthcare, supported by open-source safety and evaluation frameworks like MindEval and MindGuard. By pairing the intelligence with licensed clinicians across the patient journey, Sword breaks free from appointment constraints to deliver continuous, proactive care and superior clinical outcomes. "Delivering on the promise of AI in healthcare requires an exceptionally rare combination: developing frontier AI models while maintaining uncompromised clinical safety and proven outcomes," said Dr. Wolfberg. "Sword stands alone in mastering both sides of that equation. Co-creating proprietary AI directly with clinicians ensures care is delivered safely, responsibly, and with humanity at the center. I am thrilled to join as Sword's newer products, cardiometabolic care, women's health, and mental health, demonstrate such incredible promise." In addition to his clinical and industry career, Dr. Wolfberg is an author and journalist whose work on medicine and healthcare has appeared in The New England Journal of Medicine, The Wall Street Journal, Slate, The Atlantic, and The Boston Globe. He is the author of Fragile Beginnings (Beacon Press, 2012), an exploration of newborn intensive care and maternal-fetal medicine.
Manulife Canada partners with Sword to launch AI-enabled physiotherapy solution to support faster recovery and return-to-work outcomes. Sep 29, 2026, 08:00 ET Innovative new program helps Canadians on disability leave access personalized, technology-enabled physiotherapy from home TORONTO, Sept. 29, 2026 /CNW/ - Manulife Canada today announced it has partnered with Sword(R), a global AI health company to offer AI-enabled physiotherapy to eligible Group Benefits members. This innovative, technology-enabled program is designed to support members on disability experiencing acute or chronic Musculoskeletal (MSK) conditions, like neck, back and joint pain, and help improve recovery outcomes that support a safe and sustainable return to work. Musculoskeletal conditions are among the leading causes of disability and workplace absence in Canada[1], often making it difficult for individuals to work, stay active, and participate fully in everyday life. Through this partnership, Manulife is expanding its disability support ecosystem with an innovative, evidence-based clinical solution that can help members access physiotherapy more quickly and conveniently, supporting better health outcomes and a faster return to work. "When you're dealing with an injury, recovery is about more than healing. It's about getting back to your routine, your work and the people and activities you care about," said Doug Bryce, Head of Health, Manulife Canada. "The rehabilitation process isn't always straightforward, and accessing care can be a challenge. Through our partnership with Sword, we're making it easier for members to access physiotherapy faster and more seamlessly, wherever it's most convenient for them, helping them stay engaged in their recovery and get back to doing the things that matter most." The first phase of this partnership will provide eligible members on disability with access to licensed Canadian physiotherapists, supported by a Health Canada-approved motion-tracking tablet. Together, these tools enable personalized treatment plans, real-time progress tracking, educational resources, and ongoing communication with care teams, helping members stay on track throughout their recovery journey. In 2027, Manulife and Sword will advance to the next phase of the partnership, expanding the program to all Group Benefits members with Extended Health Care coverage and increasing access to physiotherapy support across Canada. "Many Canadians face challenges accessing timely care due to geographic barriers and mobility limitations," said André Eiras, SVP of International, Sword. "We're proud to partner with Manulife to bring high-quality care directly to members, helping them manage pain, improve mobility, and build confidence throughout their recovery." The launch reflects Manulife's continued investment in innovative health solutions that improve access to care, support employee well-being, and help employers manage the growing impact of disability in the workplace. About Manulife Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' on the Hong Kong stock exchange. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. | [_____________________________] | | [1] Manulife claims data analysis, 2023 | About Sword For most of history, access to high-quality healthcare has been a privilege of circumstance. Sword exists to change that. As a frontier AI company, Sword builds the foundational models that healthcare needs, training them for clinical reasoning and safety. Its AI Care platform puts those models to work alongside licensed clinicians and care teams, treating more than 1 million patients directly across physical pain, women's health, mental health, and cardiometabolic care, and orchestrating care for millions more worldwide. Sword is trusted by more than 2,500 of the world's most sophisticated organizations, including sovereign governments, the US military, and the largest Fortune 500 companies, delivering high-quality care and more than $1.5 billion in healthcare savings to date. Learn more at sword.com. Media Contact: SOURCE Manulife Financial Corporation
Sword Health will develop artificial intelligence solutions for the Brazilian health system. Sword Health will collaborate with the Brazilian Unified Health System (SUS) on the development of artificial intelligence solutions for different areas, from patient triage to waiting list management and clinical decision support. The first work is expected to begin in early 2027. After becoming a technology partner of the Greek government to transform its national health line through AI and after announcing a partnership with the Portuguese National Health Service (SNS), Sword Health is now expanding its collaboration with governments beyond the Atlantic. During the opening session of the 21st Brazilian Congress of Health Informatics, Brazil's Minister of Health, Alexandre Padilha, announced a partnership with the Portuguese-origin unicorn. Through this partnership, formalized through a Technological Cooperation Agreement, the goal is to use the company's technology to respond to the challenges facing the Brazilian Unified Health System (SUS). The SUS is the largest universal public health system in the world, covering more than 210 million people. As detailed by the tech company, the agreement provides for the development and implementation of AI solutions for the Brazilian health system, at federal, state, and municipal levels. Among the planned applications are patient triage through voice and text, management of waiting lists and appointments, clinical decision support, and tools for prevention and health promotion. "Brazil has one of the largest public health systems in the world and faces the same problem as all these systems: demand is growing faster than capacity," says Virgílio Bento, founder and CEO of Sword, in a statement. "Sword is responding to this problem by expanding access to healthcare and helping these systems increase their capacity," says the executive. Sword Health says that technical work is expected to begin in early 2027, with SUS and Sword teams defining the first projects and how they will be implemented. Subscribe to the TEK Notícias newsletter and receive the main technology news in your inbox every day. Featured.
Sword Health to acquire Headspace. The all-cash deal is expected to close next month, according to a regulatory filing. Published Aug. 26, 2026 Dive brief: * Virtual healthcare company Sword Health is planning to acquire digital mindfulness company Headspace, according to a regulatory filing. * Headspace's parent company OrangeDot is seeking to be acquired by Sword in an all-cash deal, the company told regulators in Massachusetts on July 22. * The acquisition is expected to close on Sept. 14. The financial terms of the deal were not disclosed. Neither Headspace nor Sword Health responded to a request for comment by publication time. Dive insight: Sword Health's proposed acquisition of California-based Headspace could give the combined company a stronger presence in the highly competitive digital health space. The transaction, first flagged by Healthcare Dealflow, will leverage Headspace's mental health and wellness app and Sword's artificial intelligence-backed virtual care platform, Headspace said in the filing, which regulators in Massachusetts require for material changes related to healthcare M&A. Despite the planned integration, Headspace says it "expects to continue operating its business substantially as it currently exists, preserving its existing virtual service offerings," which include virtual therapy, behavioral health coaching and on-demand wellness content. The companies do not anticipate material changes to reimbursement rates, access to services, care quality or payer mix as a result of the transaction, according to the filing. However, the companies could lay off employees in duplicative roles. "Any such workforce reductions are expected to be limited to corporate functions and are not expected to affect patient care, customer or payer relationships, or the availability of clinical services," the filing states. New York-based Sword Health was founded in 2015, and made a name for itself developing digital rehabilitation tools to support physical therapy in musculoskeletal care. The company announced a $40 million funding round at a $4 billion valuation last year and broke into the mental health arena with the launch of an AI-backed platform called Mind. Headspace says on its website that it has reached over 100 million lives and garnered 105 million app downloads over its tenure. The company was valued at about $3 billion in 2021 following its acquisition of Ginger, another mental healthcare app. Digital health deals are accelerating as more companies embrace AI and competition heats up in a growing market. Rock Health research shows that digital health acquisitions are ramping up - the sector drew in 115 acquisitions in the first half of the year, ahead of last year's total of 199. The sector drew in 115 acquisitions in the first half of the year, ahead of last year's total of 199, according to Rock Health. Hinge Health, one of Sword's top competitors in the musculoskeletal care space, purchased Cylinder Health in August for $105 million. That acquisition is expected to close in the third quarter this year, after which Hinge plans to expand into gastrointestinal care - Cylinder's specialty.
STAT+: Sword Health to acquire Headspace, according to filing. STAT August 25, 2026 Mario Aguilar The deal is expected to be effective September 14 Sword Health, a digital health company known for its AI-powered virtual physical therapy offering, plans to acquire mental health company Headspace, according to a regulatory filing. Headspace on July 22 reported a "material change" to the Massachusetts Health Policy Commission indicating that its parent company, OrangeDot, proposes to be acquired by Sword for a cash payment. The deal will be effective...
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Industries
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$366.6M
Headquarters
New York City, New York
Founded
2015
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs