Top 20 healthtech startups

Healthtech

2021-02-10

Confido

10 minutes

One positive we can take from the pandemic is that it has spurred some ground-breaking innovations in the healthtech sector. Inefficient practices within traditional care delivery were suddenly thrown into the spotlight, with technology becoming essential for many patients to access care. A report by CB Insights states that this has relaxed ‘industry barriers, driving new collaborations, and creating market opportunities.’ 

Healthtech startups have seen a boom in new users, with the sector receiving ‘a $750m investment increase from 2019 to 2020, making it a record year.’ 2020 was also a breakout year for mental health startupswith a sharp increase in both deal numbers and investment figures.  

Graph taken from CB Insights


Let’s take a look at 20 of the most exciting healthtech startups...    


Online / remote medical support 

Babylon Health 

About: Babylon Health’s mission is to put an accessible and affordable health service in the hands of every person on Earth. To make healthcare accessible, they deliver it through the devices people already own. To make healthcare affordable, they use technology to help ease the burden on our doctors. By automating their routine tasks, they allow doctors to focus on what they do best: give care to the patients who need it most. They also use their tech to step in early and help people become more informed about diseases — so they can make informed decisions and stay healthier for longer. 

Location: London 

Company size: 1,001 to 5,000 employees 

Funding: Babylon health have raised a total of $631.1m in funding over four rounds. Their latest funding round was a Series C round in August 2019. 


Elephant Healthcare 

About: Founded by doctors, Elephant is a technology company that equips governments, partners and patients with a digital solution for every step of the healthcare journey. Their low-cost software is designed for the hardest to reach parts of the planet and can be deployed remotely within minutes. It runs on any internet-connected smartphone, tablet or computer, with no costly servers to install. 

Location: London 

Company size: 101 to 250 employees 

Funding: Elephant Healthcare’s funding history is unknown.  


Signum Health 

About: Signum Health provide virtual health Care services, powered by their own Digital interface. Their mission is to build and connect solutions that focus on user need, privacy and security, interoperability, openness and inclusion.  

Location: Caerphilly 

Company size: 1 to 10 employees 

Funding: The team have generated a total of £600k in funding over two rounds. Their latest funding was raised in January 2018 from a Venture - Series Unknown round. 


VineHealth 

About: VineHealth have partnered with oncologists, specialist cancer nurses and patients to build an app allowing patients to easily report and monitor their symptoms, medication, and activity levels. Supported by the NHS, VineHealth’s mission is to use thoughtful technology to help people through cancer. 

Location: London 

Company size: 1 to 10 employees 

Funding: VineHealth have raised a total of $1.5m in funding over two rounds. Their latest funding was raised in June 2020 from a Pre-Seed round. 


Doctorlink 

About: Doctorlink’s technology is built by doctors and loved by patients. The Doctorlink digital platform saves cost, improves efficiencies, and increases the accessibility of healthcare, by enabling people to engage in their health and wellbeing, guiding them to the right care. 

Location: London 

Company size: 51 to 100 employees 

Funding: The team have generated a total of £20m in funding through one round. This was a Venture - Series Unknown round raised in October 2017. 


Echo 

About: Echo was co-founded by people who were frustrated by the hassle of managing their NHS prescriptions. So since 2015, they’ve been building a different kind of pharmacy. A pharmacy that works with your GP, delivers for free, and reminds you to order and take your medicine. A pharmacy that makes your prescriptions painless. 

Location: London 

Company size: 51 to 100 employees 

Funding: Echo have raised a total of £8.8m in funding over three rounds. Their latest funding round was a Series A round in October 2017. 


NeuroFlow 

About: NeuroFlow works with leading health plans, provider systems, as well as the U.S. military and government to enhance virtual health programs by delivering a comprehensive approach to whole-person care through digital behavioral health integration – an evidence-based model to identify and treat consumers with depression, anxiety and other behavioral health conditions across all care settings. 

Location: Philadelphia, USA 

Company size: 11 to 50 employees 

Funding: The team have raised a total of $31m in funding over four rounds. Their latest funding was raised in January 2021 from a Series B round. 

 

For women  

Elvie 

About: Elvie is bringing women's technology out of the dark ages. Women shouldn’t have to make do with shoddy design or pink spin-offs when there are self-driving cars in the world. Elvie’s mission is to improve women's lives through smarter technology. They approach problems as women and solve them as engineers, scientists and designers, starting with a real need and innovating around it. Their solutions include the world's first silent wearable breast pump. 

Location: London 

Company size: 52 to 100 employees 

Funding: Elvie have raised a total of $53.8m in funding over six rounds. Their latest funding came from a Series B round in April 2019.  


Daye 

About: Daye exists to raise the standards of women’s health by creating effective products and services that fit conveniently into women’s lives. These products include CBD infused tampons with bio-based sugarcane applicators. The Daye team are committed to making our products and services as environmentally friendly as possible. 

Location: London 

Company size: 11 to 50 employees 

Funding: Daye have generated a total of $5.5m in funding through one round. This was a Seed round raised in May 2019. 


Kindbody 

About: Kindbody have reimagined fertility care to put the power back in your hands. They offer gynaecology, fertility, and family-building care in modern, tech-enabled clinics. The Kindbody team believe that everyone should have access to convenient, affordable fertility and family-building care. 

Location: New York, USA 

Company size: 101 to 250 employees 

Funding: Kindbody have raised a total of $63.3m in funding over five rounds. Their latest funding round was a Series B round in July 2020.  


For men 

Numan 

About: Numan makes it simple for men to do something about their health. Their products cater to every aspect of men's health, from online prescriptions to fast and discreet delivery. This includes solutions for erectile dysfunction, hair loss, supplements and more.  

Location: London 

Company size: 11 to 50 employees 

Funding: The team have generated a total of £10m in funding over three rounds. Their latest funding was raised in October 2020 from a Series A round. 


For the elderly  

Elder HQ 

About: Elder HQ is the UK’s leading live-in care specialists, providing the alternative to the care home. The team firmly believe that getting older shouldn’t mean sacrificing the control, choice and independence that make you who you are. You should be able to keep the life you know and love, all while getting the care you need. 

Location: London 

Company size: 101 to 250 employees 

Funding: Elder HQ have raised a total of $19.8m in funding over five rounds. Their latest funding was raised in January 2020 from a Series B round. 


Deeptech and AI 

Healx 

About: Healx specialise in AI-powered, patient-inspired treatments for rare diseases. This makes drug discovery faster, smarter and safer, and supports the Healx team and partners in discovering and translating new treatments towards the clinic. 

Location: Cambridge 

Company size: 11 to 50 employees 

Funding: The team have raised a total of $67.9m in funding over six rounds. Their latest funding was raised in October 2019 from a Series B round. 


BIOS 

About: Bios is a neural engineering startup which aims to make care of chronic conditions seamless through their SaaS-type healthcare. This includes new prescriptions delivered via algorithms, and a process that cuts costs, increase efficiency and delivers a high level of personalisation. 

Location: Cambridge 

Company size: 11 to 50 employees 

Funding: The team have generated a total of $5.6m in funding over five rounds. Their latest funding came from a 2018 Seed round.  


C the Signs 

About: C the Signs supports GPs to identify patients at risk of cancer at the earliest and most curable stage of the disease. It is currently being used in the NHS. Currently, 50% of patients are diagnosed with their cancer at the later stages, because of this 80% of those patients will die within 5 years. Things could be different. If diagnosed early, 80% of Cancer patients would survive to 10 years.  

Location: London 

Company size: 1 to 10 employees 

Funding: C the Signs have raised a total of £100k in funding over two rounds. Their latest funding was raised in October 2018 from a Grant round. 


Benevolent AI 

About: Benevolent AI unite human intelligence and technology to re-engineer drug discovery and deliver life-changing medicines. Built on powerful data foundations and state of the art technology, the Benevolent Platform empowers scientists to decipher the vast and complex code underlying human biology and find new ways to treat disease. 

Location: London  

Company size: 51 to 100 employees 

Funding: The team have generated a total of $292m in funding over three rounds. Their latest funding was raised in September 2019 from a Venture - Series Unknown round. 


3D printing and models  

Kumovis 

About: To meet the rising demand for small-batch production and individualized healthcare, an efficient use of resources is required. And a reliable partner in medical 3D printing. That’s where Kumovis comes in. The Kumovis R1 3D printer allows for individualizing and producing medical devices at scale. 

Location: Germany  

Company size: 11 to 50 employees 

Funding: Kumovis have raised a total of €3.6m through funding over two rounds. Their latest funding was raised in June 2020 from a Series A round. 


Augmedics 

About: With Augmedics, the future of surgery is in sight. The Chicago-based company aims to improve healthcare by augmenting surgery with cutting edge technologies. Its pioneering xvision system, the first augmented reality navigation technology to be used in surgery, allows surgeons to see the patient’s anatomy through skin and tissue as if they have “x-ray vision,” allowing them to more accurately navigate instruments and implants during procedures. 

Location: Illinois, USA 

Company size: 11 to 50 employees 

Funding: The team have raised a total of $25.1m in funding over five rounds. Their latest funding was raised in June 2020 from a Series B round. 


Medical staff support  

Lantum  

About: Lantum is a total workforce platform reducing spend and empowering healthcare staff. Over 2000 healthcare organisations have chosen Lantum to optimise their workforce management day-to-day. This involves filling even more shifts with all rotas, staff and admin in one place 

Location: London 

Company size: 51 to 100 employees 

Funding: The team have raised a total of $13.8m in funding over four rounds. Their latest funding was raised in September 2019 from a Convertible Note round. 


Pando 

About: Pando is a clinical communications platform that offers a variety of features built for health and social care. Secure messaging, image sharing, patient lists, open forums, active directory and file sharing enable clinical professionals to deliver the best possible care – while making sure they can switch off after their shift with Pando’s unique unavailability toggle. 

Location: London  

Company size: 11 to 50 employees 

Funding: Pando have raised a total of $10.4m in funding over four rounds. Their latest was a Seed round raised in January 2020. 


It’s amazing to see so many innovative startups in this space. We want to do everything we can to help support them and the fantastic work they’re doing.  

If you belong to a healthtech startup and would like to have a chat about how we could scale your Product or Tech teams, do get in touch at contact@confidotalent.com.   

Have we missed your favourites? Let us know on Twitter or LinkedIn, we’d love to hear from you!   

 

Funding information taken from Tech Crunch.  

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