57 Healthcare Companies & Startups to Watch (2024)
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The healthcare industry is increasingly digital-first.
From the increasing use of data-based decision making, growing acceptance of telehealth, to the integration of AI into diagnosis, the healthcare space is rapidly being integrated with technology.
In this post, we’ll profile 57 healthcare startups that are innovating by launching new products, targeting specific health needs, and providing care in new and innovative ways.
1. SonderMind
5-year search growth: 850%
Search growth status: Exploding
Year founded: 2014
Location: Denver, Colorado
Funding: $183M (Series C)
What they do: SonderMind offers technology that pairs individuals with therapists that meet their individual mental health needs. Features of their platform include quick matching and schedule coordination for individuals and administrative tools to help therapists provide services and engage with patients. Co-founders Sean Boyd and Mark Frank started SonderMind based on their experiences with the clinician and patient sides of a flawed mental healthcare system.
2. Hinge Health
5-year search growth: 592%
Search growth status: Exploding
Year founded: 2015
Location: San Francisco, California
Funding: $826.1M (Series E)
What they do: Hinge Health is a healthcare company in the musculoskeletal space that delivers at-home physical therapy services through wearable body tracking devices and virtual communication with physical therapists and other healthcare professionals. Hinge concluded a $300M funding round in early 2021 as is now valued at $3B.
3. Lyra Health
5-year search growth: 622%
Search growth status: Exploding
Year founded: 2015
Location: Burlingame, California
Funding: $910.1M (Series F)
What they do: Lyra Health is a healthcare platform that helps employers provide their employees with mental health resources. The unicorn startup, founded by Facebook’s former CFO David Ebersman, was valued at over $1B in 2020 after bringing in $110M from a list of investors that included former Starbucks CEO Howard Schultz.
4. Meru Health
5-year search growth: 152%
Search growth status: Regular
Year founded: 2016
Location: San Mateo, California
Funding: $53.3M (Grant)
What they do: Meru Health is a healthcare company focused on providing individuals with mental health resources in the form of an online program supported by individual therapy and support groups. In 2019, the company launched a biofeedback device to help people learn how to control their breathing. Slack, Y Combinator, and others contributed a total of $8.1M in their most recent Series A funding round in 2020.
5. Clipboard Health
5-year search growth: 1,400%
Search growth status: Exploding
Year founded: 2016
Location: San Francisco, California
Funding: $94.1M (Series C)
What they do: Clipboard Health is a US-based healthcare staffing platform that connects healthcare facilities with qualified medical professionals such as nurses, certified nursing assistants, and allied healthcare professionals. The company uses a proprietary algorithm to match healthcare professionals with job opportunities that fit their skills and preferences while also providing tools for staff management and communication.
Clipboard Health aims to improve the quality of healthcare by providing a more efficient and transparent staffing solution for healthcare facilities.
6. Allara Health
5-year search growth: 9,500%
Search growth status: Exploding
Year founded: 2019
Location: New York City, New York
Funding: $12.5M (Series A)
What they do: Allara Health is a telehealth platform for women to get treatment for chronic hormonal, metabolic, and gynecological conditions. A monthly subscription includes a personalized care plan, individual video consultations, and check-ins with dietitians, OB-GYNs, and nurse practitioners.
In October 2023, the startup raised $10 million in Series A funding to expand insurance coverage and scale operations.
7. Headspace
5-year search growth: -32%
Search growth status: Peaked
Year founded: 2010
Location: Santa Monica, California
Funding: $320.9M (Debt Financing)
What they do: Headspace is a meditation and wellness app that provides users with guided meditations, resources to promote better sleep, and more. Former Buddhist month Andy Puddicombe and Richard Pierson, who came from an advertising background, founded the company in 2010.
Since its inception, the company has gained over $200M in investments and has been leveraged by researchers in multiple clinical trials.
8. nference
5-year search growth: 103%
Search growth status: Regular
Year founded: 2013
Location: Cambridge, Massachusetts
Funding: $152.7M (Non-Equity Assistance)
What they do: nference aims to help healthcare professionals leverage insights from vast quantities of existing biomedical knowledge through their software. According to nference CEO/co-founder Murali Aravamudan, the company was created in order “to improve patient outcomes by unlocking insights in biomedical data while protecting individual patient privacy.”
Based in biotechnology hub Cambridge, this company has received investments from a number of companies, including Mayo Clinic Ventures, the investment arm of Mayo Clinic, which has partnered with nference on their Clinical Data Analytics Platform.
9. Novoic
5-year search growth: 1,000%
Search growth status: Peaked
Year founded: 2019
Location: London, England
Funding: $2.5M (Seed)
What they do: Novoic aims to achieve earlier detection of neurological diseases through their AI-driven technology, which can detect variances in speech patterns that surface in individuals who experience Parkinson’s, Alzheimer’s, and other diseases years later. Their initial seed funding round brought in £2M from APEX Ventures, Anthemis Exponential Ventures, and others.
10. Clinikally
5-year search growth: 99x+
Search growth status: Exploding
Year founded: 2021
Location: Gurgaon, India
Funding: $3.2M (Seed)
What they do: Clinikally is a telemedicine startup that offers personalized skin and hair consultations and treatment plans. Customers can also purchase pharmaceutical-grade skincare and haircare products for treatment. The Y Combinator-backed startup has grown to 450,000 users across 500 cities since inception.
11. Paige.ai
5-year search growth: 350%
Search growth status: Peaked
Year founded: 2018
Location: New York City, New York
Funding: $220M (Series C)
What they do: Paige uses AI technology to fight the growth of cancer diagnoses and a simultaneous drop in trained pathologists. Their AI technology helps to provide medical workers with the data they need to precisely diagnose occurrences of cancer and assists companies in the life sciences space with producing better therapies. Their board includes professionals from the Memorial Sloan Kettering Cancer Center, Yale University School of Medicine, and other institutions.
12. Allermi
5-year search growth: 7,400%
Search growth status: Regular
Year founded: 2019
Location: San Francisco, California
Funding: $4.8M (Series A)
What they do: Allermi offers personalized custom allergy treatments direct-to-consumer. New customers must complete a short quiz based on their health condition and allergy symptoms to their treatment plan. The company's primary product is a multi-ingredient nasal spray that contains up to four active ingredients, depending on the quiz results.
13. Tomorrow Health
5-year search growth: 143%
Search growth status: Regular
Year founded: 2018
Location: New York, New York
Funding: $92.5M (Series B)
What they do: Tomorrow Health is a New York-based healthcare company that provides personalized in-home medical equipment and supplies for patients with chronic conditions. The company works with healthcare providers and insurance companies to simplify the process of obtaining and managing necessary medical equipment and supplies for patients. Tomorrow Health aims to improve patient outcomes and quality of life by delivering high-quality, personalized care to the home.
14. Breathe99
5-year search growth: 994%
Search growth status: Peaked
Year founded: 2018
Location: Minneapolis, Minnesota
Funding: Undisclosed (Non-equity Assistance)
What they do: Breathe99 is the company behind the B2 Mask, a sleek, easy-to-wear respirator mask. The company, whose mask can be used to protect the wearer from allergens, pollution, and more, has only received funding through Kickstarter and philanthropic loans thus far but is eyeing FDA authorization. As of this article, Breathe99 had raised nearly half a million dollars on Kickstarter.
15. connectRN
5-year search growth: 2,800%
Search growth status: Peaked
Year founded: 2014
Location: Waltham, Massachusetts
Funding: $161.3M (Convertible Note)
What they do: connectRN is a healthcare technology company that provides a platform connecting nurses with job opportunities at healthcare facilities across the United States. The platform allows nurses to choose their own shifts and schedule, and provides tools for staff management and communication. connectRN aims to improve the efficiency and transparency of the staffing process, while also providing a better work experience for nurses and improving patient care.
16. Included Health
5-year search growth: 306%
Search growth status: Exploding
Year founded: 2011
Location: San Francisco, California
Funding: $344M (Series E)
What they do: Included Health is a digital health company that provides mental health support and coaching for individuals and companies. The company uses a combination of technology and human support to deliver personalized care, including therapy sessions, coaching, and resources for mental health and wellbeing. Included Health aims to make mental healthcare more accessible and affordable, while reducing the stigma associated with seeking help for mental health issues.
17. DispatchHealth
5-year search growth: 4,700%
Search growth status: Regular
Year founded: 2013
Location: Denver, Colorado
Funding: $733.2M (Series E)
What they do: DispatchHealth provides in-home healthcare services. Through the company’s app, website, or by phone, patients can request home medical visits for issues that are urgent or otherwise, after which a trained medical team will arrive at the location and offer the necessary treatment. This year, Dispatch Health brought in $200M in funding and expanded its services to deliver at-home radiology.
18. TytoCare
5-year search growth: 22%
Search growth status: Peaked
Year founded: 2012
Location: New York City, New York
Funding: $205.7M (Series Unknown)
What they do: TytoCare offers telehealth services powered by artificial intelligence. Their platform enables patients to receive complete medical examinations, plus diagnoses and prescriptions, from home. The recent increase in demand for telehealth services powered TytoCare’s growth in 2020 and caused a considerable revenue increase. TytoCare achieved more financial milestones in 2021 with a $50M investment round and soaring valuation.
19. CareRev
5-year search growth: 1,200%
Search growth status: Peaked
Year founded: 2015
Location: Los Angeles, CA
Funding: $51.3M (Series A)
What they do: CareRev is an online marketplace platform that directly connects healthcare facilities with medical professionals. The solution allows organizations to reduce labor costs, providing workers with the freedom to choose and set their own hours. The company is highly profitable, generating as much as $100 million in revenue per year with over 30 hospitals/health systems, 500 outpatient centers, and 11,000 healthcare professionals.
20. Maven Clinic
5-year search growth: 195%
Search growth status: Exploding
Year founded: 2014
Location: New York, New York
Funding: $292.1M (Series E)
What they do: Maven Clinic is a telemedicine platform that provides digital health services for women, including virtual appointments with healthcare providers, online courses, and resources for family planning, pregnancy, postpartum care, and menopause.
The platform offers a range of specialists, including OB-GYNs, midwives, lactation consultants, and mental health professionals, as well as a community of supportive peers. Maven Clinic aims to make high-quality healthcare more accessible and convenient for women, while also providing a supportive and inclusive community.
21. Tempus
5-year search growth: 91%
Search growth status: Regular
Year founded: 2015
Location: Chicago, IL
Funding: $1.3B (Debt Financing)
What they do: Tempus is a healthcare data analytics platform designed to improve precision medicine through AI. The organization has recently been collaborating with academic medical institutions throughout the US for their new Tempus N+ program, which aims to augment mental health medicine solutions using real-world data.
22. Komodo Health
5-year search growth: 65%
Search growth status: Regular
Year founded: 2014
Location: San Francisco, California
Funding: $514M (Series Unknown)
What they do: Komodo Health uses its “Healthcare Map” and related technology to follow millions of patient healthcare journeys, with the primary objective of bettering the quality and application of care in the medical ecosystem. The technology company acquired cloud computing business Mavens in early 2021 to increase the capabilities of their software platform.
23. Calm
5-year search growth: -7%
Search growth status: Regular
Year founded: 2012
Location: San Francisco, CA
Funding: $218M (Series C)
What they do: Calm is a sleep, meditation, and relaxation app designed to improve overall mental health. The platform provides audio content, stories, and programs on topics such as anxiety, stress, insomnia, and sleep. Calm has soared these past few years and is currently valued at $2 billion with over 4 million paid users.
24. FOLX Health
5-year search growth: 9,500%
Search growth status: Exploding
Year founded: 2019
Location: Boston, MA
Funding: $59.4M (Series B)
What they do: FOLX Health is a telehealth startup that provides services for the LGBTQIA+ community. FOLX was founded with the intention of removing healthcare barriers for the LGBTQIA+ population as many transgender people face discrimination when seeking help.
The company offers unlimited virtual access to clinicians, delivers at-home tests, provides hormone replacement therapy, and has various other forms of testing to ensure the health of the queer community. Although a fairly new company, FOLX has its sights set on expanding to all 50 states.
25. eHealth Technologies
5-year search growth: 23%
Search growth status: Peaked
Year founded: 2006
Location: Rochester, NY
Funding: $46.7M (Series Unknown)
What they do: eHealth Technologies has created an intelligent medical record built to retrieve, store, digitize, and secure patient records, enabling medical professionals to have access to important records instantaneously. Since 2006, the company has worked closely with over 100 of the nation's top hospitals and has helped over 2.2 million patients receive prompt care.
26. Devoted Health
5-year search growth: 400%
Search growth status: Exploding
Year founded: 2017
Location: Waltham, MA
Funding: $2.1B (Series E)
What they do: Devoted Health is a healthcare company that offers personalized patient care through medical plans. Some of the plans feature personal guides, contracts, and Medicare advantages, enabling beneficiaries with access to a network of doctors.
With a focus on making healthcare affordable and easier for patients, the company has had great success in its 5-year run. In 2021, Devoted Health closed an astounding $1.23 billion Series D funding round.
27. Insitro
5-year search growth: 97%
Search growth status: Regular
Year founded: 2018
Location: San Francisco, CA
Funding: $743M (Series C)
What they do: Insitro is a medicine development organization that uses AI/ML to transform the way that drugs are discovered and delivered to patients. The company announced the formation of a Scientific Advisory Board (SAB), bringing in additional expertise for fields such as gene editing, genetics, genomics, and molecular design. The team was formed with the intention of advancing Insitro’s technology and drug programs.
28. Carbon Health
5-year search growth: 373%
Search growth status: Regular
Year founded: 2015
Location: San Francisco, CA
Funding: $622.5M (Series D)
What they do: Carbon Health is a mobile-based network that connects healthcare providers to patients through various channels with a mission of making healthcare accessible to everyone. Despite the pandemic, the company doubled its full-time staff, opened over 80 clinics, and expanded their virtual care services to 23 states.
The company is showing no signs of slowing down soon and with their most recent funding round of $350 million, Carbon Health plans to open 1,500 clinics across the nation by 2025.
29. Medable
5-year search growth: 225%
Search growth status: Peaked
Year founded: 2012
Location: Palo Alto, CA
Funding: $506.6M (Series D)
What they do: Medable is a cloud-based healthcare platform designed to streamline clinical trials and provide efficient therapies to patients. Medable’s back-end consists of modules, analytics, collaboration, and research surveys that adhere to the compliance of the healthcare sector, allowing for their virtual approach. Additionally, the company supports over 150 decentralized and hybrid trials throughout 60 countries.
30. Kriya Therapeutics
5-year search growth: 2,100%
Search growth status: Peaked
Year founded: 2013
Location: Redwood City, CA
Funding: $600.5M (Series C)
What they do: Kriya Therapeutics is a gene therapy startup that develops remedies for biological diseases. The company recently raised Series C funding, which they intend to use to advance their pipeline, along with the scaling of their engineering, manufacturing, and computational platforms. Kriya is well-positioned to continue bringing solutions to various diseases as their manufacturing infrastructure and their design toolkit are both in-house.
31. Parachute Health
5-year search growth: 211%
Search growth status: Exploding
Year founded: 2014
Location: Manhattan, NY
Funding: $15.4M (Series Unknown)
What they do: Parachute Health is a medical equipment ordering platform that ensures prompt and on-time delivery. The company offers healthcare providers a streamlined approach to eliminate unnecessary busy work while reducing errors and increasing clinician efficiency.
According to their website, the company supports over 40,000 clinical facilities, has 2,000 supplier locations, and provides over 10,000 products and services.
32. BetterUp
5-year search growth: 65%
Search growth status: Regular
Year founded: 2011
Location: San Francisco, CA
Funding: $570M (Series Unknown)
What they do: BetterUp is an online coaching platform that assists professional workers through skill development. The company primarily offers one-on-one guidance sessions and provides actionable insights, enabling employees to improve their mindset and leadership skills.
According to BetterUp’s reports, they’ve found that individuals who partake in their services see a 130% increase in job performance.
33. WorkIt Health
5-year search growth: 2,995%
Search growth status: Peaked
Year founded: 2014
Location: Ann Arbor, MI
Funding: $138.2M (Series C)
What they do: WorkIt Health is an online addiction recovery program that assists patients by delivering personalized virtual care. The platform is powered by patient engagement and clinical data which provides unique paths to recovery, allowing patients to receive the care they need from their homes. The pandemic not only heightened the use of substances, but along with that, closed many rehabilitation centers down. This has led to the recent explosion of not only the telehealth sector but WorkIt Health in particular.
34. Brightline
5-year search growth: 185%
Search growth status: Exploding
Year founded: 2019
Location: Palo Alto, CA
Funding: $212M (Series C)
What they do: Brightline is a behavioral telehealth platform that supports children, teens, and families through interactive education, therapy, coaching, and skill-building exercises. The company recently announced a partnership with Peer Health Exchange in hopes to expand Brightline’s teen program by offering more tools and coaching to this demographic. This partnership is highly anticipated as recent studies have shown that teens are facing mental health crises more often.
35. Vori Health
5-year search growth: 4,100%
Search growth status: Regular
Year founded: 2020
Location: Nashville, TN
Funding: $56.3M (Series A)
What they do: Vori Health specializes in personalized patient care in an effort to prevent unnecessary procedures. Vori focuses on patients experiencing muscle and joint pain and assigns a care team to patients. After careful diagnosis, the team will eventually connect the patient with a physical therapist in hopes to avoid surgery and lead to a faster recovery.
In February, the New York City Health Business Leaders recognized Vori Health on its NYC Digital Health 100 which showcases some of the top innovative startups in New York.
36. Midi Health
5-year search growth: 1,567%
Search growth status: Exploding
Year founded: 2021
Location: Menlo Park, California
Funding: $99M (Series B)
What they do: Midi Health is a virtual healthcare clinic specializing in virtual women's midlife health, particularly perimenopause and menopause care. After an initial consultation, patients receive a personalized care plan with new dietary recommendations and medical treatments (hormonal prescriptions, non-hormonal prescriptions, or supplements and botanicals).
In April 2024, the startup raised $60 million in Series B funding to expand insurance coverage offerings and scale their platform to 1 million customers annually by 2029.
37. Covera Health
5-year search growth: -54%
Search growth status: Peaked
Year founded: 2017
Location: New York, NY
Funding: $84.9M (Series C)
What they do: Covera Health analyzes clinical datasets using AI-powered systems to discover and drive emerging science information, therefore reducing unnecessary healthcare spending. Covera’s goal intends to solve one of healthcare’s most pressing issues, ensuring patients receive the right diagnosis at the correct time.
38. Rightway
5-year search growth: 2,600%
Search growth status: Peaked
Year founded: 2017
Location: New York, NY
Funding: $238.7M (Series Unknown)
What they do: Rightway is a healthcare advocacy platform built to optimize health expenditures for employers and employees. The organization provides insights and identifies cost-saving options, ensuring individuals receive affordable care providers. The company recently received their HITRUST CSF SOC 2 Certification, which highlights that the company has met key regulations and met industry-standard requirements for ensuring patient data privacy.
The healthcare unicorn raised an additional $109 million in new funding in March 2024.
39. Tia Health
5-year search growth: 480%
Search growth status: Exploding
Year founded: 2015
Location: Toronto, Canada
Funding: Undisclosed (Series B)
What they do: Tia Health is a Canadian telehealth platform where patients can directly book appointments online with medical professionals. The platform has medical professionals available for video, phone, or live chat in dermatology, pediatrics, psychiatry, and much more. Tia Health is completely free to use for patients in Ontario, Alberta, and British Columbia.
40. Medely
5-year search growth: 38%
Search growth status: Regular
Year founded: 2015
Location: Santa Monica, CA
Funding: Undisclosed (Seed)
What they do: Medely is an on-demand staffing marketplace for the healthcare sector. The company enables hospitals to continuously have a steady workforce, while giving medical staff the flexibility to choose when and how much they work. Medely is highly regarded as one of the largest workforce management platforms in the healthcare industry as they continuously provide well paid jobs to medical professionals.
41. Trusted Health
5-year search growth: 18%
Search growth status: Peaked
Year founded: 2017
Location: San Francisco, CA
Funding: $174.5M (Series C)
What they do: Trusted Health is an online employment platform that assists in the facilitation of hiring nurses for healthcare companies. Trusted Health offers a streamlined approach in the application process by digitizing, saving, and managing resumes, while providing real-time updates to nurses for new opportunities. With their recent $150 million funding round, the company plans to invest in the rollout of a new platform called Works which assists in filling and finding shifts for nurses.
42. HealthSherpa
5-year search growth: 233%
Search growth status: Peaked
Year founded: 2013
Location: San Francisco, CA
Funding: $6.6M (Series Unknown)
What they do: HealthSherpa has created a health insurance enrollment platform dedicated to assisting consumers in finding a suitable plan to fit their budget and needs. The organization services over 45,000 insurance agents, supports over 40 insurance carriers, and has over 9 million Americans enrolled in the Affordable Care Act coverage.
43. Akasa
5-year search growth: 850%
Search growth status: Exploding
Year founded: 2018
Location: San Francisco, California
Funding: $205M (Series C)
What they do: Akasa is a healthcare revenue cycle management company. It leverages AI to automate complicated operational tasks, such as insurance claims status. According to Fast Company, the startup has helped more than 475 hospitals and health systems across the United States automate insurance denials and manage insurance eligibility.
44. Neurogene
5-year search growth: 25%
Search growth status: Regular
Year founded: 2018
Location: New York, NY
Funding: $183.5M (Series B)
What they do: Neurogene develops treatment for rare neurological diseases that have few to no treatment options. Some of these diseases include: Batten disease, Krabbe disease and Rett syndrome. The startup is involved in the entire drug development process, from drug discovery to clinical trials.
45. Fastic
5-year search growth: 960%
Search growth status: Regular
Year founded: 2019
Location: Berlin, Germany
Funding: $5M (Seed)
What they do: Fastic is an intermittent fasting app that allows users to track mindfulness, nutrition, sleep and movement. To date, more than 26M use Fastic. According to the company, 92% of users say that by using Fastic, they’ve achieved their health goals faster.
46. Cityblock Health
5-year search growth: -21%
Search growth status: Regular
Year founded: 2017
Location: Brooklyn, New York
Funding: $891.3M (Secondary Market)
What they do: Cityblock is a healthcare provider that currently serves patients across 6 states. Cityblock offers in-home, community-based and virtual care. Members can also book appointments to see nurse practitioners, doctors or mental health specialists.
47. HiberCell
5-year search growth: 1,043%
Search growth status: Peaked
Year founded: 2019
Location: New York, New York
Funding: $158.2M (Series B)
What they do: Hibercell is a biotechnology startup that develops cancer treatments. Specifically, the team aims to create therapies that can treat cancer relapse and metastasis, which are responsible for 90% of cancer-related deaths. The types of cancer that the company is focused on includes breast, bladder, and gastric.
48. One Step Software
5-year search growth: 180%
Search growth status: Regular
Year founded: 2017
Location: Los Angeles, California
Funding: $1.2M (Seed)
What they do: One Step’s software platform works with sober living programs, treatment centers and more to deliver care to patients. To date, more than 2,000 programs use the software. Additionally, for organizations that have used One Step, they have seen a 54% increase in client engagement and 30% increase in staff productivity.
49. Curology
5-year search growth: -59%
Search growth status: Peaked
Year founded: 2014
Location: San Francisco, California
Funding: $19.2M (Series Unknown)
What they do: Curology is a personalized skincare company that treats customers who have acne. Users can start with a 30-day trial for $4.95, and continue at $19.95 a month after that. To date, Curology has served over 4M customers, and its products have been reported as 93% effective.
50. Found
5-year search growth: 171%
Search growth status: Peaked
Year founded: 2019
Location: San Francisco, California
Funding: $132M (Series B)
What they do: Found is an evidence-based weight loss program. Users can speak with a dedicated medical provider who can prescribe weight loss medication, as well as a health coach who helps with mindful eating, sleep and exercise habits. To date, Found members have collectively lost over 500K pounds.
51. Caption Health
5-year search growth: 107%
Search growth status: Regular
Year founded: 2013
Location: Brisbane, California
Funding: $62.4M (Series B)
What they do: Caption Health is a medtech startup that uses AI and ultrasound exams to detect heart diseases. Using the company’s technology, healthcare practitioners can capture ultrasound images and capture key heart health data, which can inform disease diagnosis.
52. Ophelia
5-year search growth: 1,815%
Search growth status: Peaked
Year founded: 2019
Location: New York, NY
Funding: $67.7M (Series B)
What they do: Ophelia offers patients prescription medication for opioid dependence. Customers first meet with a provider online to determine whether they qualify for treatment and then are prescribed Suboxone, a drug used to combat opioid dependence, which can help manage cravings and prevent overdose. Medication-Assisted Treatment (MAT), i.e. using a drug such as suboxone, has been found to be 6x more effective than rehab.
53. Bicycle Health
5-year search growth: 72%
Search growth status: Regular
Year founded: 2017
Location: San Francisco, California
Funding: $87.3M (Series B)
What they do: Bicycle Health is a telehealth addiction clinic that treats patients with opioid dependence or substance abuse disorders. Patients receive support and guidance from Clinical Support Specialists and can be prescribed suboxone, to help with opioid use. For patients who have participated in the startup’s program, 95% of patients reported no withdrawal symptoms at 7 days.
54. Lark
5-year search growth: 66%
Search growth status: Regular
Year founded: 2011
Location: Mountain View, California
Funding: $195.7M (Series D)
What they do: Lark’s platform focuses on chronic disease prevention and management. Members can access coaching sessions and connected devices to help make healthy choices. To date, more than 1.5M people use Lark, and its programs span diabetes, wellness, and hypertension.
55. Capsule
5-year search growth: 27%
Search growth status: Regular
Year founded: 2016
Location: New York, NY
Funding: $570M (Series D)
What they do: Capsule has created a mobile-focused online pharmacy. Patients can manage their prescriptions via the app, which has been rated 4.9/5 stars in the Android and Apple app stores. Capsule accepts all major insurances and coordinates with patients’ doctors to ensure that prescription refills are filled on time.
56. Alto Pharmacy
5-year search growth: 71%
Search growth status: Regular
Year founded: 2015
Location: San Francisco, California
Funding: $680M (Series F)
What they do: Alto Pharmacy is a digital pharmacy that accepts most major insurances, and patients can chat with a pharmacist via the app anytime. To date, the startup has filled more than 3M prescriptions and has an NPS score of 86.
57. NexHealth
5-year search growth: 689%
Search growth status: Exploding
Year founded: 2014
Location: San Francisco, California
Funding: $177.2M (Series C)
What they do: NexHealth has created patient booking software for use by healthcare systems. In addition to booking, the platform also supports patient reviews, waitlists, online forms, and more. Last year, NexHealth practices confirmed 2.9M appointments and averaged 18 new patients per month.
Conclusion
Among the 57 companies on our list, a few clear trends that stand out. The first trend is an increased focus on mental health care, which coincides with a growing rate of mental illnesses and related concerns.
The second trend centers around the idea of more convenient healthcare options, including telehealth, at-home health, and accessible healthcare. According to McKinsey & Company data, telehealth usage has grown 35% since 2019, largely prompted by the coronavirus pandemic.
In light of these societal shifts and an overall move toward digitization, these 57 healthcare startups have the potential to influence health and wellness in a big way over the next few years.
