Top 22 Healthcare Technology Startups in 2024

Healthtech startups are shaking up the healthcare world, using automation and AI to tackle challenges like a well-oiled machine. Generative AI is slashing clinical documentation time by up to 50%, freeing doctors to focus on what they do best – caring for patients. Emerging tech like AI, mobile health, and 3D printing are turning the healthcare sector upside down, with mobile health projected to hit $247 billion by 2026.

Key Takeaways:

• Top healthtech startups include Opencare, Tebra, NexHealth, Somatus, Headspace, Modern Fertility, and HealthSherpa.
• Innovative healthcare technologies like AI, chatbots, AR/VR, Big Data, and digital twins are revolutionizing care.
• HealthTech startups can tap into opportunities like virtual healthcare, AI diagnostics, wearables, mental health, and data.

However, integrating new tech into the healthcare industry is no walk in the park. With the right strategy, staying ahead of trends can help startups surf the wave of health tech innovation and ride it all the way to success.

Want to tackle startup challenges head-on? spectup delivers tailored insights to outsmart rivals and succeed.

Top 22 Healthcare Technology Startups in 2024

Each year, startups steal the show with groundbreaking ideas, turning healthcare into a stage of mind-blowing innovation. Here we have listed  healthcare startups who uses the AI technology for better patient-care.

01# Opencare

Opencare is a digital healthcare marketplace connecting patients to top-rated healthcare providers, especially dentists, in their local area. It simplifies the search, ensuring better patient care and outcomes.

What They Do

Opencare helps patients easily book appointments with trusted healthcare professionals, aiming to improve patient care and access.

Why it is Promising

With a focus on transforming patient access in the healthcare industry, Opencare shows potential for reshaping how patients connect with healthcare providers.

• Location: San Francisco, California
• Founders: Alex Chyrtsik, Cameron Howieson, Nikolai Bratkovski
• Founded In: 2012
• Funding: Series A, $24.6 Million
• Investors: 8VC, Heron Rock Fund, Jonathan Swanson

02# Tebra

Tebra supports healthcare facilities with integrated software solutions, including electronic health records, telehealth, and practice management. They aim to streamline operations for healthcare professionals and boost patient outcomes.

What They Do

Tebra delivers end-to-end technology for healthcare organizations, enabling smooth patient care and administrative efficiency.

Why it is Promising

Tebra’s innovation and adaptability make it a valuable tool in the healthcare sector, promising improved healthcare system efficiency.

• Location: Corona Del Mar, California
• Founders: Luke Kervin, Travis Schneider, Dan Rodrigues
• Founded In: 2021
• Funding: Series B, $137 Million
• Investors: Toba Capital, StepStone Group

03# NexHealth

NexHealth connects healthcare professionals with electronic health records, digital payments, and online bookings, making it easier for patients to receive care and for providers to manage their practices effectively.

What They Do

They provide healthcare technology for efficient practice management, emphasizing seamless electronic health records and communication.

Why it is Promising

NexHealth's comprehensive approach has the potential to simplify healthcare industry operations, enhancing both patient care and healthcare providers’ experience.

• Location: San Francisco, USA
• Founders: Alamin Uddin, Waleed Asif
• Founded In: 2014
• Funding: Series C, $177.2 Million
• Investors: Scott Belsky, Shahed Khan, Packy McCormick

04# Somatus

Somatus partners with health systems and insurers to provide advanced kidney care, aiming to improve patient outcomes and reduce hospital readmissions. Their technology supports clinical trials and personalized care.

What They Do

Somatus combines technology with healthcare expertise to enhance kidney health care, supporting patients and healthcare facilities alike.

Why it is Promising

Their innovative kidney care approach meets a major healthcare sector need, bringing advanced technology and personalized care to patients and healthcare organizations.

• Location: McLean, Virginia, USA
• Founders: Anthony Welters, Ikenna Okezie
• Founded In: 2016
• Funding: Series E, $465.1 Million
• Investors: Longitude Capital, Flare Capital Partners, Elevance Health

05# Headspace

Headspace focuses on mental health by offering an accessible platform for meditation, mental healthcare providers, and mindfulness, making mental health care available anytime, anywhere.

What They Do

They provide easy-to-use tools to support mental health and wellness aimed at improving mental health outcomes worldwide.

Why it is Promising

As mental health awareness grows, Headspace’s accessible resources play a critical role in the healthcare sector by improving patient care in mental health.

• Location: Santa Monica, California, USA
• Founders: Andy Puddicombe, Richard Pierson
• Founded In: 2010
• Funding: Debt Financing, $320.9 Million
• Investors: Bull and Bear, Empede Capital, Times Bridge

06# Modern Fertility

Modern Fertility is a health tech startup that provides affordable fertility testing for women, bridging the gap between patient data and actionable insights to empower healthcare journeys in reproductive health.

What They Do

They connect patients with fertility tests, helping women understand their reproductive health and make informed decisions with the support of healthcare providers.

Why it is Promising

Modern Fertility simplifies complex health journeys with its affordable and accessible healthcare solutions, filling a gap in the healthcare ecosystem for women’s health.

• Location: San Francisco, USA
• Founders: Afton Vechery, Carly Leahy, Tom Chokel
• Founded In: 2017
• Funding: Series A, $22 Million
• Investors: Forerunner Ventures, Sound Ventures, Steph Korey

07# Bloom Diagnostics

Bloom Diagnostics is a digital health company offering advanced medical equipment to provide quick, at-home diagnostic tests. It empowers healthcare systems with technology-driven remote patient monitoring and actionable health data.

What They Do

They create smart diagnostic tools to offer personalized health coaching and insights based on patient data.

Why it is Promising

With remote patient monitoring becoming essential, Bloom is paving the way for healthcare systems to improve outcomes and lower healthcare costs.

• Location: Zurich, Switzerland
• Founders: Angelica Kohlmann, MD Ph.D.p, Thomas Kohlmann Kupper
• Founded In: 2018
• Funding: Series B, $28.2 Million
• Investors: Speedinvest, Walter Ventures, Thomas Pfisterer

08# SonderMind

SonderMind is a telemedicine platform that connects patients with mental health professionals, focusing on improving mental health care access and providing personalized employee benefits for businesses.

What They Do

They match patients with licensed mental health professionals to ensure comprehensive mental health care.

Why it is Promising

SonderMind addresses the growing demand for mental health services by creating a seamless connection between patients and professionals.

• Location: Denver, USA
• Founders: Mark Frank, Sean Boyd
• Founded In: 2014
• Funding: Series C, $183 Million
• Investors: Quiet Capital, F-Prime Ventures, Smash Ventures

09# HealthSherpa

HealthSherpa simplifies health coverage by offering a digital platform that lets users compare health insurance options, ensuring medical professionals and other healthcare professionals find suitable plans.

What They Do

They provide a healthcare platform for insurance coverage comparisons and enrolment, catering to individuals and businesses.

Why it is Promising

HealthSherpa eases the complexity of health insurance, making it more accessible and transparent for users navigating the healthcare ecosystem.

• Location: San Francisco, USA
• Founders: Catherine Perez, George Kalogeropoulos, Michael Wasser, Ning Liang
• Founded In: 2013
• Funding: Series N/A, $6.6 Million
• Investors: The Valley Fund, Core Innovation Capital

10# Pivot

Pivot is a health tech startup that supports healthcare journeys by focusing on chronic pain and health coaching. They offer personalized digital health services tailored to individual health plans.

What They Do

They combine clinical expertise and telemedicine platforms to support patients dealing with chronic pain and other challenges.

Why it is Promising

Pivot’s innovative healthcare solutions show potential for lowering healthcare costs while improving patient outcomes.

• Location: California, United States
• Founders: David S. Utley, M.D. 
• Founded In: 2015
• Funding: $70 million
• Investors: Khosla Ventures, Marc Benioff, R7 Ventures

11# Paige

Paige is a groundbreaking health tech startup leveraging artificial intelligence to transform the life sciences industry, especially in oncology, helping healthcare providers improve patient care through advanced pathology solutions.

What They Do

They use AI to analyze pathology slides, aiding medical professionals in diagnosing cancer with precision.

Why it is Promising

Paige’s integration of artificial intelligence into healthcare systems offers faster, more accurate diagnoses, reshaping the life sciences industry.

• Location: New York, USA
• Founders: David Klimstra, Norman Selby, Peter Schüffler, Thomas Fuchs
• Founded In: 2018
• Funding: Series C, $220 Million
• Investors: Casdin Capital, Catalio Capital Management, Healthcare Venture Partners

12# Trusted Health

Trusted Health connects certified nursing assistants and other healthcare professionals with job opportunities via their digital healthcare platform, simplifying the employment process within the healthcare sector.

What They Do

They streamline the recruitment process, providing personalized job matches and career guidance for medical professionals.

Why it is Promising

Trusted Health’s platform modernizes hiring in the healthcare ecosystem, ensuring healthcare facilities find qualified professionals efficiently.

• Location: San Francisco, USA
• Founders: Lennie Sliwinski, Matt Pierce, Sarah Gray
• Founded In: 2017
• Funding: Series C, $174.5 Million
• Investors: Greenspring Associates, Craft Ventures, Felicis Ventures

13# Circles

Circles is a telemedicine platform focused on mental healthcare providers, creating a supportive digital health company environment where patients connect with mental health professionals for personalized care.

What They Do

They offer virtual group therapy and mental health care support for individuals navigating life challenges.

Why it is Promising

Circles fill the gap in mental health services with its innovative approach, improving access and outcomes for patients.

• Location: Tel Aviv, Israel
• Founders: Dan Landa, Irad Eichler
• Founded In: 2020
• Funding: Series A, $24.5 Million
• Investors: NFX, Ronald Cohen, Lior Ron

14# Levels

Levels focus on personalized health plans, offering insights into how diet affects patient outcomes through real-time glucose monitoring, helping healthcare providers and patients optimize health journeys.

What They Do

They use wearable medical equipment to provide data-driven health coaching based on blood glucose levels.

Why it is Promising

Levels’ innovative healthcare solutions help users take control of their health while aiding healthcare professionals with actionable insights.

• Location: New York, New York
• Founders: Andrew Conner, Casey Means, David Flinner, Josh Clemente, Sam Corcos
• Founded In: 2019
• Funding: Series A, $57 Million
• Investors: Generation Ventures, Ben Gilbert, AirAngels

15# Wellframe

Wellframe enhances patient care by offering a mobile-first healthcare platform that supports health plans and healthcare systems, helping patients manage chronic conditions effectively.

What They Do

They deliver digital health services via remote patient monitoring, focusing on improving communication between patients and healthcare providers.

Why it is Promising

Wellframe bridges gaps in patient care, empowering healthcare professionals to deliver personalized, proactive healthcare solutions.

• Location: Boston, USA
• Founders: Anne Bosilevac, Archit Bhise, Chase Zaputil, Jacob Sattelmair, Melissa Herman, Sandhya Gardner, Trishan Panch, Vinayak Ramesh
• Founded In: 2011
  Funding: Series C, $45.2 Million
• Investors Include: Threshold, F-Prime Capital, BlueCross BlueShield Ventures Partners

16# Parsley Health

Parsley Health combines clinical expertise with lifestyle medicine to tackle chronic pain and other conditions. Their telemedicine platform reimagines healthcare journeys with personalized care plans for better patient outcomes.

What They Do

They offer healthcare solutions blending digital health services and in-person visits for holistic patient care.

Why it is Promising

With its focus on preventive care and lowering healthcare costs, Parsley Health is changing how healthcare systems approach wellness.

• Location: New York, New York
• Founders: Joel Wishkovsky, Robin Berzin
• Founded In: 2016
• Funding: Series B, $36 Million
• Investors Include: Sand Hill Angels, H Venture Partners, Gaingels

17# Alan

Alan is a digital health company revolutionizing health plans with transparent, easy-to-understand health insurance solutions. It’s a healthcare provider that simplifies employee benefits and connects patients with top-tier healthcare systems.

What They Do

They offer innovative health plans that combine insurance coverage with digital health services to support patient care.

Why it is Promising

Alan makes health insurance accessible, reducing healthcare costs while improving patient outcomes through proactive healthcare solutions.

• Location: Paris, France
• Founders: Charles Gorintin, Jean Charles Samuelian
• Founded In: 2016
• Funding: Series E, $558.2 Million
• Investors Include: Ribbit Capital, Coatue, Teachers’ Venture Growth

18# Vori Health

Vori Health focuses on joint pain and chronic pain management, offering a telemedicine platform that combines clinical expertise with personalized health coaching.

What They Do

They connect patients with medical professionals to provide tailored healthcare solutions for pain management.

Why it is Promising

Vori Health is reshaping chronic pain treatment by integrating telemedicine and health coaching, improving patient care and outcomes.

• Location: San Francisco, California
• Founders: Mary O’Connor, Ryan Grant
• Founded In: 2020
• Funding: Series A, $56.3 Million
• Investors Include: Alley Corp, Echo Health Ventures, Max Ventures

19# IntelyCare

IntelyCare is a healthcare platform dedicated to connecting certified nursing assistants and other healthcare professionals with flexible job opportunities and optimizing healthcare systems’ staffing needs.

What They Do

They provide a digital platform that matches healthcare facilities with qualified nursing professionals for on-demand staffing.

Why it is Promising

IntelyCare solves the healthcare sector's staffing challenges, ensuring healthcare providers can maintain high-quality patient care.

• Location: Quincy, Massachusetts
• Founders: Chris Caulfield, David Coppins, Ike Nnah, Prince Nnah
• Founded In: 2014
• Funding: Series C, $170.8 Million
• Investors Include: Kaiser Permanente Ventures, Longitude Capital, Janus Henderson Investors

20# Somatus

Somatus partners with healthcare systems to provide kidney care solutions, helping medical professionals manage chronic kidney disease with a focus on prevention and improved patient outcomes.

What They Do

They offer health coaching and support to healthcare providers managing patients with chronic kidney conditions.

Why it is Promising

Somatus addresses a critical need in the healthcare industry, reducing costs and improving patient care in kidney health.

• Location: McLean, Virginia
• Founders: Anthony Welters, Ikenna Okezie
• Founded In: 2016
• Funding: Series E, $465.1 Million
• Investors Include: Longitude Capital, Flare Capital Partners, Elevance Health

21# Flatiron Health

Flatiron Health is a life sciences industry leader, using patient data and artificial intelligence to enhance clinical trials and connect healthcare providers with insights for improved cancer care.

What They Do

They aggregate patient data to support clinical trials and advance oncology research.

Why it is Promising

Flatiron Health’s innovative approach accelerates drug development while improving healthcare solutions for cancer patients.

• Location: New York, New York
• Founders: Nat Turner, Zach Weinberg
• Founded In: 2012
• Funding: Series D, $324.9 Million
• Investors Include: Stripes, Allen & Company, Roche

22# Arise

Arise focuses on mental health care, offering digital health services tailored to patient journeys, providing tools to improve mental health, and empowering mental health professionals.

What They Do

They provide a healthcare platform for personalized mental health coaching and support for patients and professionals.

Why it is Promising

Arise bridges gaps in mental healthcare, ensuring timely, accessible, and impactful support for patients and healthcare organizations.

• Location: New York, New York
• Founders: Amanda D’Ambra, Joan Zhang
• Founded In: 2022
• Funding: Seed, $4 Million
• Investors Include: BBG Ventures, Iyah Romm, Sylvia Romm

What are the innovative technologies that redefine healthcare startups?

With over 500,000 healthcare startups globally and the digital health market projected to hit $660 billion by 2025, tech isn’t just a sidekick—it’s leading the charge. From virtual caregivers to data-savvy robots, let’s dive into the innovations redefining healthcare one byte at a time!

AI and Robotics

AI and robotics are taking healthcare by storm, and for good reason. The healthcare AI market alone is expected to reach $45 billion by 2026.

In hospitals, AI is the digital brain analyzing billions of clinical data points, finding patterns that help pharmaceutical companies predict patient outcomes faster than ever. Robots assist with everything from surgeries to patient records, making hospital systems smoother and more efficient.

Healthcare startups are catching on, integrating AI into their operations to boost precision and reduce human error. For patients, this means more personalized care with fewer delays—making AI and robotics the trusty "doctor’s assistants" of tomorrow.

Symptom Checker Chatbots

Symptom checker chatbots are bringing on-demand health insights straight to people’s fingertips. With nearly 70% of patients now preferring digital interactions over phone calls, these chatbots provide an initial assessment, saving patients and healthcare providers precious time.

By analyzing symptoms and comparing them with clinical data, these “virtual nurses” offer a first layer of diagnosis, guiding patients on their healthcare journey.

Companies like Rally Health and Spring Health have adopted this tech to empower patients while freeing up medical professionals to handle more complex cases. It’s a win-win that shows the power of AI-driven healthcare solutions.

Augmented and Virtual Reality (AR/VR)

AR and VR are proving to be game-changers in healthcare, with the VR healthcare market expected to grow at a staggering 30% annually, reaching $2.4 billion by 2026. Surgeons use AR as a visual aid during procedures, while VR therapy offers relief for conditions like PTSD and chronic pain.

In musculoskeletal care, VR provides virtual rehab sessions, improving recovery rates and patient engagement. It’s like teleporting into a personalized therapy session!

Startups are using AR/VR to turn traditional healthcare methods on their heads, creating immersive therapy solutions that bring a hands-on approach to healing.

Integrating Healthcare with Big Data

Big Data is the invisible powerhouse driving personalized healthcare, and it’s expected to skyrocket, with the healthcare analytics market projected to reach $70 billion by 2025.

By analyzing vast patient records, healthcare startups can help predict health risks and tailor care plans for better patient outcomes. For pharmaceutical companies, Big Data enables more efficient clinical trials, while hospitals can use it to streamline operations and reduce costs.

Imagine a crystal ball powered by data—Big Data is transforming healthcare from a guessing game to an exact science, ensuring that precise, data-driven decisions back patient care.

Digital Twin Technology

Digital twin technology, worth an estimated $4 billion in healthcare by 2027, is one of the newest tools reshaping patient care. It creates virtual models, or “twins,” that mirror real-life patients, allowing doctors to simulate treatment plans and predict outcomes with unprecedented accuracy.

This tech benefits everything from clinical operations to community support, helping hospitals personalize care and optimize resources.

Startups using digital twins offer a safer way to test new therapies and create patient-specific treatments, reducing risks and costs. It’s healthcare’s answer to the ultimate “practice makes perfect” approach, transforming real-world care through digital precision.

What Are the Opportunities in HealthTech Startups?

The health tech wave is huge, with the industry projected to reach $660 billion by 2025. From virtual consultations to AI-driven diagnostics, the opportunities in HealthTech are transforming patient care.

"HealthTech startups are bridging gaps in care with technology, reshaping how the world approaches healthcare."

‍
— Dr. Joseph Mocanu, Verge HealthTech Fund

Virtual Healthcare

Virtual healthcare has skyrocketed, with telemedicine visits up by over 1,000% during the pandemic. Startups are seizing this opportunity, making healthcare more accessible and convenient. Imagine seeing your doctor from the couch—no waiting room required. It’s not just easy for patients; it also helps health systems save costs and connect with remote communities, creating a win-win for all.

AI-Powered Diagnostics

Artificial intelligence is transforming diagnostics, with the AI healthcare market projected to reach $45 billion by 2026. Startups are jumping in, using AI to detect diseases earlier and more accurately. Think of AI as the “Sherlock Holmes” of healthcare, catching clues in data that humans might miss. With AI-powered diagnostics, HealthTech startups are enhancing accuracy and saving lives in the process.

Wearable Health Devices

Wearable health devices, like smartwatches, are now common, and the market is booming, expected to hit $118 billion by 2028. Startups are leveraging these gadgets to monitor everything from heart rate to stress levels. It’s like having a mini-doctor on your wrist! With real-time data, patients and providers can stay on top of health trends, making wearables a game-changer in personalized care.

Mental Health Platforms

Mental health tech is growing fast, with digital mental health investments exceeding $2 billion in recent years. Startups are creating platforms to connect users with mental health professionals and community support. It’s all about breaking down stigma and making mental healthcare accessible. Think of these platforms as “therapy in your pocket,” helping people prioritize mental wellness whenever they need it.

Big Data in Healthcare

Big Data is the backbone of precision medicine, helping to predict health trends and personalize treatment. The healthcare analytics market is expected to reach $70 billion by 2025, and startups are tapping into this goldmine. By analyzing vast patient records, they’re helping healthcare systems make data-driven decisions. Big Data is healthcare’s crystal ball, transforming care from guesswork to science.

Personalized Medicine

With advancements in genomics and AI, personalized medicine is becoming a reality, making “one-size-fits-all” treatments a thing of the past. The market for personalized medicine is projected to grow 10% annually. Startups are using genetic data to tailor therapies, helping treatments work better for each patient. It’s like healthcare custom-fit, promising better outcomes and fewer side effects for patients.

Remote Patient Monitoring

Remote patient monitoring is booming, with over 23 million patients expected to use it by 2026. Startups are developing tech that lets doctors keep tabs on patients from afar. It’s healthcare without the hospital stay—think of it as “checkups in your slippers.” This tech reduces hospital visits and improves patient outcomes, making it a vital tool in modern healthcare.

What are the Challenges in HealthTech Startups?

The HealthTech industry, while booming, faces hurdles that aren’t always easy to overcome. With projected growth to $660 billion by 2025, it’s clear demand is high, but so are the challenges.

“Regulations and patient trust remain the toughest hurdles for HealthTech innovation.”

– Forbes Tech Council​

Regulatory Hurdles

Navigating healthcare regulations can feel like running through quicksand. HealthTech startups must meet strict guidelines for patient data and device safety, which can delay innovation. With over 90% of startups struggling with regulatory compliance, it’s a common challenge.

• Solution

Bringing on experienced legal experts early on can help them jump through these hoops faster, ensuring both compliance and peace of mind.

Data Security and Privacy

In a world where one data breach can mean a company’s downfall, security is crucial. With cyberattacks on healthcare up 55% in recent years, startups must keep patient data under lock and key.

• Solution

Investing in strong encryption, regular security audits, and training staff on data privacy practices can help protect sensitive information, build patient trust, and create a safer health tech environment.

High Development Costs

Developing healthcare technology isn’t cheap—expenses can quickly soar, especially when new devices and compliance testing are involved. Startups may struggle to secure the funding needed for high-tech solutions.

• Solution

Partnering with hospitals or seeking grants from health organizations can provide essential funding while reducing the financial burden on startups as they scale.

Patient Adoption and Trust

Convincing patients to embrace new technology can be a tough sell. Around 50% of patients are still wary of digital health solutions, often due to privacy concerns.

• Solution

Providing clear, user-friendly education on the benefits and safety of digital health tools can ease fears, helping patients see the value in using tech to improve their health.

Integrating with Existing Systems

Many HealthTech solutions must integrate with complex hospital systems, which can feel like fitting a square peg into a round hole. Over 60% of startups struggle with this challenge.

• Solution

Working closely with IT experts and focusing on interoperability standards can help startups design systems that “play nice” with current hospital software, creating smoother integration.

Talent Shortage

With a high demand for tech and healthcare expertise, HealthTech startups often need more talent. Around 70% of startups need help finding skilled workers for roles like data science and medical engineering.

• Solution

Consider remote hiring to tap into a wider talent pool or partner with universities to recruit fresh talent with specialized skills in tech and healthcare.

Funding Challenges

Funding can be as elusive as finding a needle in a haystack, especially with investors cautious about healthcare’s long development cycles. While HealthTech investments have grown, many startups still struggle to secure consistent funding.

• Solution

Startups can attract investors by demonstrating a clear path to profitability, building strategic partnerships, and focusing on addressing real healthcare pain points.

Wrapping Up

As we approach 2025, the healthcare technology startups are at a crossroads, fueled by AI, telehealth, and digital innovation. These technologies present significant opportunities to improve patient care, cut costs, and boost efficiency.

However, they also come with challenges like cybersecurity risks and regulatory hurdles. As telehealth and telepsychiatry services grow, digital health startups must innovate responsibly and ensure privacy. With digital health unicorns eyeing IPOs, the market is primed for growth, offering a brighter, more accessible healthcare future for all.

Want lasting success for your startup? Need market adaptability? spectup’s insights help build connections, embrace change, and refine strategies.