35 Healthcare Startups which Grew into Billion-Dollar Company

Technology has given thrust to almost every compatible industry. And health industry is not an exception. On one hand, technology has boosted the innovations and experiments in the industry, on the other hand, it has opened new doors for profit by connecting patients to the experts and facilitating door-step medicine delivery.

This is the start-up era and the health industry has also sensed the momentum. Several healthcare startups have turned into a billion-dollar industry.

In this article, we hand over the details about successful health startups.

1) Alan

healthcare startups

Health insurance has always been a priority for everyone. Alan took it a step ahead to make the process more convenient and affordable.

Startup Details

  • Website: https://alan.com
  • Start Year: 2016
  • Country: France
  • City: Paris
  • Founders: Jean Charles Samuelian, Charles Gorintin
  • Valuation: $1.68B (As of Apr 2016)

 

2) Alphaeon

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Alphaeon facilitates both doctors and patients. For patients, it offers quick credit facilities by issuing a credit card. For doctors, it is a relief that patients get quick credit approval.

Startup Details

  • Website: https://alphaeon.com
  • Start Year: 2013
  • Country: United States
  • City: Irvine
  • Founders: Robert Edward Grant

 

3) Alzheon

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Alzheon is a bio-pharmaceutical company to cure Alzheimer’s disease. It is also in the process to discover the small molecules to cure neurodegenerative disorders.

Startup Details

  • Website: https://alzheon.com
  • Start Year: 2013
  • Country: United States
  • City: Lexington
  • Founders: Martin Tolar
  • Valuation: $1.31B (As of Sep 2020)

 

4) Babylon Health

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Babylon health is on a mission to make healthcare advice accessible to everyone through the devices they already own. To do so, Babylon combines cutting edge AI (Artificial Intelligence) and broader technologies with the best human expertise.

Startup Details

 

5) Bright Health

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Bright Health provides personally curated health insurance services. To do so Bright Health has established a network of doctors, clinics and hospitals called in-house as Care Partners.

Startup Details

Website: https://brighthealthcare.com

Start Year: 2015

Country: United States

City: Minneapolis

Founders: Robert John Sheehy, Kyle Rolfing, Tom Valdivia

Valuation: $1.00B (As of Dec 2019)

 

6) Calm

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Calm is an app for relaxation, meditation and self-improvement. It offers various services viz. improve sleep quality, reduce stress, improve focus, self-improvement among others.

Startup Details

Website: https://www.calm.com

Start Year: 2012

Country: United States

City: San Fransisco

Founders: Michael Acton Smith, Alex Tew

Valuation: $2.00B (As of Feb 2019)

 

7) Cityblock Health

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Cityblock Health promises to deliver assistance in every form at the doorstep. To do so, Cityblock Health first assigns a Community Health Partner to understand the patient better in every way, thus builds trust. Facilities like a nurse, physician or mental health specialist are at disposal 24/7.

Startup Details

Website: https://www.cityblock.com

Start Year: 2017

Country: United States

City: Brooklyn

Founders: Iyah Romm, Bay Gross, Toyin Ajayi, Mat Balez

Valuation: $1.00B (As of Dec 2020)

 

8) CMR Surgical

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CMR Surgical is on a mission to revolutionize how surgery is performed. With its Versious robotics solution, CMR Surgical is empowering surgeons to make sure that minimal access surgery is accessible to everyone.

Startup Details

Website: https://cmrsurgical.com

Start Year: 2014

Country: United Kingdom

City: Cambridge

Founders: Mark Slack, Luke Hares, Martin Frost

Valuation: $1.00B (As of Sep 2019)

 

9) Color

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Color is a data-driven platform for population health. It works with physicians, employers, researchers, health systems and national health initiatives worldwide for health improvements.

Startup Details

Website: https://www.color.com

Start Year: 2015

Country: United States

City: Burlingame

Founders: Nish Bhat, Elad Gil, Taylor Sittler, Othman Laraki

Valuation: $1.50B (As of Jan 2021)

 

10) Dispatch Health

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Dispatch Health promises doorstep healthcare facilities. Its medical team is equipped with advanced tools necessary for common to complex injuries and diseases that are urgent but not life-threatening.

Startup Details

Website: https://www.dispatchhealth.com

Start Year: 2013

Country: United States

City: Denver

Founders: Mark Prather, Kevin Riddleberger

Valuation: $1.70B ( As of Mar 2021)

 

11) DXY

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DXY connects hospitals, doctors, scientific researchers, patients, pharmaceuticals and insurance companies through professional content sharing, online interactions, data accumulation and high-quality health care products.

Startup Details

Website: https://portal.dxy.cn

Start Year: 2000

Country: China

City: Hangzhou

Founders: Tiantian Li, Jin Zhang

Valuation: $1.00B (As of Apr 2018)

 

12) EverlyWell

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EverlyWell offers the service for various specimen collections at the doorstep. For regulatory reasons, their services are not available in New York, except for COVID-19.

Startup Details

Website: https://www.everlywell.com

Start Year: 2015

Country: United States

City: Austin

Founders: Julia Taylor Cheek

Valuation: $1.30B (As of Dec 2020)

 

13) Forward Health Group

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Forward Health Group provides services related to data solutions within the health care industry. Its aim is to bring closer the service providers and consumers in the health care industry by interpreting complex data.

Startup Details

Website: https://forward.health

Start Year: 2009

Country: United States

City: Madison

Founders: Michael Barbouche

Valuation: $1B (As of Mar 2021)

 

14) Grand Rounds Health

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Grand Rounds Health has a team of doctors, nurses, care coordinators and billing specialists to take care of its consumers 24/7. No matter what assistance (whether physical or virtual) you need regarding your health, its team is available.

Startup Details

Website: https://grandrounds.com

Start Year: 2011

Country: United States

City: San Francisco

Founders: Owen Tripp, Lawrence Hofmann

Valuation: $1.34B ( As of Sep 2020)

 

15) Hinge Health

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Hinge Health is a digital platform for musculoskeletal (MSK) solutions. It presents itself as a digital MSK clinic for the whole body. Equipped with the latest technology, Hinge health has a vast team of certified health coaches, licensed doctors of physical therapy, physicians and orthopaedic surgeons.

Startup Details

Website: https://www.hingehealth.com

Start Year: 2015

Country: United States

City: San Francisco

Founders: Gabriel Mecklenburg, Daniel Perez

Valuation: $3.00B (As of Jan 2021)

 

16) Innovaccer

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Innovaccer is on a mission to make healthcare information more useful by curating and connecting the nodes of global healthcare information. Its cloud platform also acts as a mediator between the developers and the information.

Startup Details

Website: https://innovaccer.com

Start Year: 2014

Country: United States

City: San Francisco

Founders: Abhinav Shashank, Sanjeev Gupta, Kanav Hasija

Valuation: $1.30B (As of Feb 2021)

 

17) Intarcia Therapeutics

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Intarcia Therapeutics is a biopharmaceutical company that focuses on innovating the prevention and management of chronic diseases using a proprietary delivery system.

Startup Details

Website: https://www.intarcia.com

Start Year: 1997

Country: United States

City: Hayward

Founders: James M. Ahlers, David Franklin, Thomas Alessi

Valuation: $3.80B (As of Apr 2014)

 

18) Komodo Health

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Komodo Health brings solutions to the healthcare industry by extracting information from data.

Startup Details

Website: https://www.komodohealth.com

Start Year: 2014

Country: United States

City: San Francisco

Founders: Web Sun, Arif Nathoo

Valuation: $3.30B (As of Mar2021)

 

19) Lyell Immunopharma

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Lyell Immunopharma presents itself as a T cell reprogramming company dedicated to the mastery of T cells to cure patients with solid tumors.

Startup Details

Website: https://lyell.com

Start Year: 2018

Country: United States

City: South San Francisco

Founders: Scott Boyken, Rick Klausner

Valuation: $2.20B (As of Feb 2019)

 

20) Medlinker

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Medlinker is China’s leading chronic disease management platform. It is a technology-driven platform to assist chronic disease patients lead a better life.

Startup Details

Website: https://medlinker.com

Start Year: 2014

Country: China

City: Beijing

Founders: Shirui Wang

Valuation: $1.00B (As of Jul 2018)

 

21) Miaoshou Doctor

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Miaoshou Doctor is a communication platform that connects doctors with patients.

Startup Details

Website: https://www.miaoshou.net

Start Year: 2015

Country: China

City: Beijing

Founders: Tao He, Daoliang Han

Valuation: $1.00B (As of Jun 2019)

 

22) MindMaze

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MindMaze is on a mission to cure neurological diseases with the expertise of neuroscience, biosensing, engineering, mixed reality and artificial intelligence.

Startup Details

Website: https://www.mindmaze.com

Start Year: 2012

Country: Switzerland

City: Lausanne

Founders: Tej Tadi

Valuation: $1.00B (As of Jan 2016)

 

23) Olive

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Olive is an AI system that automates the process of gathering, editing data and connecting healthcare industry nodes to each other.

Startup Details

Website: https://oliveai.com

Start Year: 2012

Country: United States

City: Columbus

Founders: Sean Lane, Bradley Mascho

Valuation: $1.50B (As of Dec 2020)

 

24) orCam Technologies

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orCam’s mission is to provide a better life to blinds and visually impaired patients. It exploits the power of artificial vision with the help of advanced technology to build a wearable product.

Startup Details

Website: https://www.orcam.com/en/

Start Year: 2010

Country: Israel

City: Jerusalem

Founders: Ziv Aviram, Amnon Shashua

Valuation: $1.03B (As of Feb 2018)

 

25) Pharmapacks

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Pharmapacks is an eCommerce platform that connects consumers to their health, wellness and beauty brands on popular online marketplaces like Amazon, eBay, Walmart etc.

Startup Details

Website: https://www.pharmapacks.com

Start Year: 2010

Country: United States

City: Islandia

Founders: Andrew Vagenas, Adam Berkowitz, Jonathan Webb and Bradley Tramunti

Valuation: $1.10B (As of Nov 2020)

 

26) Radiology Partners

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Radiology Partners is transforming radiology for radiologists, radiology practices, hospitals, health systems, patients and families.

Startup Details

Website: https://www.radpartners.com

Start Year: 2012

Country: United States

City: El Sugendo

Founders: Richard Whitney, Anthony Gabriel

Valuation: $4.00B (Jul 2019)

 

27) Ro

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Ro’s vision is to empower physicians, nurses and pharmacists with the help of technology. It aims to provide complete medical facilities itself or guide the patients if they can get a better hand somewhere else.

Startup Details

Website: https://ro.co

Start Year: 2017

Country: United States

City: New York

Founders: Saman Rahmanian,  Rob Schutz, Zachariah Reitano

Valuation: $5.00B (As of Jul 2020)

 

28) Sema4

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Sema4 is a patient-centred health intelligence company that aims to advance in healthcare through data analysis accompanied by AI. With the help of machine learning and AI, it analyses the data to build dynamic models of human health derive personalized health trajectories as well. Its intelligence platform Centrellis® provides a complete understanding of human health problems and its solution.

Startup Details

Website: https://sema4.com

Start Year: 2017

Country: United States

City: Stamford

Founders: Eric Schadt

Valuation: $1.10B (As of Jul 2020)

 

29) Tempus

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Tempus has built a vast library of molecular and clinical data along with an operating system. The information extracted from this data is made accessible to patients, researchers and physicians.

Startup Details

Website: https://www.tempus.com

Start Year: 2015

Country: United States

City: Chicago

Founders: Eric Lefkofsky

Valuation: $8.10B (Mar 2018)

 

30) Unite US

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Unite Us standardizes how health and social care providers can communicate among themselves as well as track the outcomes.

Startup Details

Website: https://uniteus.com

Start Year: 2013

Country: United States

City: New York

Founders: Daniel Brillman, Andrew Price, Taylor Justice, Kareem Elsirafy

Valuation: $1.60B (As of Mar 2021)

 

31) Verily

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Verily aims to provide timely assistance to the patients through health workers by providing better information within time. It is a data-driven platform.

Startup Details

Website: https://verily.com

Start Year: 2015

Country: United States

City: San Francisco

Founders: Brian Otis, Andrew Conrad, Jessica Mega

Valuation: $1.60B (As of Jan 2017)

 

32) Village MD

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Village MD’s vision is to make healthcare services accessible to everyone. To do so it empowers the primary care physicians by providing tools, staffing support, technology and industry relationship

Startup Details

Website: https://www.villagemd.com

Start Year: 2013

Country: United States

City: Chicago

Founders: Paul Martino, Clive Fields, Tim Barry

Valuation: $1.00B (As of 2020)

 

33) Virta Health

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Virta Health’s mission revolves around the solution of diabetes and weight. It implements personalized nutrition therapy with continuous virtual track and assistance to achieve its goal.

Startup Details

Website: https://www.virtahealth.com

Start Year: 2014

Country: United States

City: San Francisco

Founders: Sami Inkinen

Valuation: $2.00B (As of Dec 2020)

 

34) WeDoctor

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WeDoctor is a platform for health institutions and multi-speciality medical practitioners.

Startup Details

Website: https://www.guahao.com

Start Year: 2010

Country: China

City: Xiaoshan

Founders: Liao Jieyuan

Valuation: $7.00B (As of Sep 2015)

 

35) Yitu Technology

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Yitu Technology integrates AI technologies with health industry applications.

Startup Details

Website: https://www.yitutech.com/en/

Start Year: 2012

Country: China

City: Shanghai

Founders: Zhu Long, Lin Chenxi

Valuation: $2.17B (As of Mar 2018)