UrgentIQ Raises $15M Series A Led by Five Elms Capital

UrgentIQ Raises $15M Series A

UrgentIQ has raised a $15 million Series A round led by Five Elms Capital. The financing was announced on September 11, 2026, and supports the New York-based company's AI-native operating system and electronic medical record (EMR) built specifically for urgent care centers.

What the Company Does

UrgentIQ provides a single platform that unifies the core operational and clinical workflows of urgent care centers:

• Scheduling
• Patient intake
• Clinical documentation
• AI-powered coding
• Revenue cycle management
• Insurance verification
• Payments

Rather than assembling a stack of point solutions, UrgentIQ consolidates these functions into one AI-native system purpose-built for the urgent care setting. That focus distinguishes it from general-purpose EMR platforms that must be configured and adapted for urgent care's high-throughput, walk-in-driven model.

Who It Serves

UrgentIQ serves independent urgent care operators and multi-site groups across the United States. The company reports that customers see improved patient throughput and an average satisfaction rating of 9.7/10.

Urgent care is a volume business. Throughput — how many patients move through a site per day — is a primary determinant of revenue, and administrative friction in intake, documentation, coding and insurance verification directly constrains it. A platform that compresses those steps has a direct line to operator economics.

Round Details

• Round type: Series A
• Amount raised: $15 million
• Currency: USD
• Announced: September 11, 2026
• Lead investor: Five Elms Capital
• Participating investors: Five Elms Capital

Leadership and Headquarters

UrgentIQ was founded by CEO Nat Gibbs and is headquartered in New York. The company operates the domain urgentiq.com.

Why the Category Is Attracting Capital

Urgent care sits at an intersection of trends that make purpose-built software attractive. Patient volumes have shifted toward convenient, walk-in settings. Operators are frequently independent or part of small multi-site groups, which means they make software decisions at the practice level rather than through large health-system IT procurement. And the administrative load — coding, claims, insurance verification — is heavy enough that automation produces visible financial returns.

An AI-native EMR designed for this setting can embed coding and documentation assistance directly into the clinical encounter, reducing the lag between seeing a patient and submitting a clean claim. That is a different value proposition from retrofitting a general EMR with AI features after the fact.

What the Series A Signals

A $15 million Series A led by Five Elms Capital gives UrgentIQ capital to expand within its existing customer base and reach more independent and multi-site urgent care operators across the United States. The presence of a single named lead investor and no other disclosed participants suggests a focused round structured around one institutional partner.

For a company at the Series A stage, the key milestones ahead typically involve scaling go-to-market motion across a fragmented operator base, deepening the product's AI capabilities in coding and documentation, and demonstrating retention and expansion within multi-site groups.

Acquisition Angle

UrgentIQ occupies a defensible niche: vertical software for a specific care setting, with clinical documentation, revenue cycle and payments combined in one system. Vertical EMR and practice-management assets are attractive to acquirers because they embed deeply into daily operations, generate recurring revenue, and carry high switching costs once clinical and billing workflows run through them.

The urgent care segment specifically offers a large, fragmented buyer base — independent operators and multi-site groups — that strategic acquirers in healthcare IT, revenue cycle management and payments may find complementary to existing portfolios. A platform that already unifies insurance verification and payments alongside the clinical record sits close to the money flow, which tends to increase strategic value.

Summary

UrgentIQ has raised $15 million in Series A funding led by Five Elms Capital, announced September 11, 2026. Founded by CEO Nat Gibbs and headquartered in New York, the company provides an AI-native operating system and EMR for urgent care centers, unifying scheduling, intake, clinical documentation, AI-powered coding, revenue cycle management, insurance verification and payments on a single platform.