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73 Emerging HealthTechs Making Waves in 2021

Sarah HallamLists

Digital healthcare is on track to have its largest fundraising year yet. Image Credit: Jenny Nilsson

Digital healthcare is on a roll.

The third quarter of 2021 saw massive amounts of funding poured into digital healthcare startups. According to a report by venture firm Rock Health, $6.7 billion was raised across 169 deals, making Q3 the second-largest fundraising quarter ever for the industry.

It comes off the firm’s earlier report that digital health startups raised $14.7 billion in the first half of 2021, already surpassing the total amount of funding in 2020.

All the new deals and money flowing into digital health puts 2021 on track to make this the biggest year ever for HealthTech fundraising. The large figures have been felt throughout the entire industry, specifically at early-stage startups.

The Org analyzed over 300 companies and compiled a list of 73 early-stage HealthTech startups (seed-Series B) that have either raised a significant amount of funding this year ($1M>) or have developed a cutting-edge product, like Curative Health’s ability to scale COVID-19 tests and vaccines.

Emerging Healthtech Market Map

Our market map breaks down all 73 companies into seven different categories. Wellness & Fitness leads the pack with 15 companies which is roughly 20% of the list.

Many of the startups on this list found success simply because of high demand within their sub industries of health.

Roee Nahir is the co-founder of Assured Allies, an insurtech digital health company tackling the financial strain placed on families as a result of a rapidly aging population. It raised an $18.3 million Series A in July, and says by the end of this year it expects to have 25,000 policyholders under management in its programs.

"The need for affordable long-term care insurance (LTCI) and an accessible roadmap for successful aging has never been more urgent and the market response we are seeing confirms insurance carriers agree,” Nahir told The Org.

Similar sentiments were found in the mental health and wellness industry. The past year spent largely in isolation put a spotlight on mental health and therapy and created a booming market for mental health apps. In July, there were over 380,000 in the app store.

One of those apps, Real, a digital group therapy subscription service, raised a $10 million Series A in April, led by Lightspeed Venture Partners and including investors like Megan Rapinoe and Minnesota Vikings Linebacker Eric Kendricks.

“More people than ever are turning to Real for quality care that speaks their language,” said Ariela Safira, Real Founder and CEO. “I’m excited to see our new therapy model, which is available anytime, anywhere, resonate with so many people. We’re proud to help create much needed change in the mental health care industry.”

With all the new demand and funding dollars pouring in, emerging HealthTech startups are wasting no time scaling their teams. Health software platform H1 raised a $58 million Series B in February and has already grown to around 200 employees, adding 135 people just this year.

Curative Health has also seen tremendous growth since it was founded in 2020. The largest team size on this list, its headcount clocks in at 3,000.

Take a look at the full list of emerging HealthTechs making their mark early on this rapidly-evolving industry in our table below.

LogoOrg ChartSubindustryFundingSeriesLocationTeam Size
EQRxEQRxBiotech$800MSeries BCambridge, MA101-250
Thrive Earlier DetectionThrive Earlier Detection Biotech$367MSeries BCambridge, MA101-250
Strive HealthStrive HealthAI$220MSeries BDenver, CO101-250
Ring TherapeuticsRing TherapeuticsBiotech$167MSeries BCambridge, MA11-50
TiaTiaHealthcare$132MSeries BNew York, NY101-250
CalibrateCalibrateMedical/Healthcare$127.6MSeries BNew York, NY251-500
Woebot HealthWoebot HealthAI$113.8MSeries BSan Francisco, CA51-100
Casma Therapeutics Casma TherapeuticsBiotech$108MSeries BCambridge, MA11-50
BrightlineBrightlineWellness & Fitness$104MSeries BPalo Alto, CA11-50
Headway HeadwayWellness & Fitness$103MSeries BNew York, NY51-100
Jnana Therapeutics Jnana TherapeuticsBiotech$100MSeries BBoston, MA11-50
Medly PharmacyMedly PharmacyMedical/Healthcare$100MSeries BBrooklyn, NY101-250
Capital RxCapital RxMedical/Healthcare$97MSeries BNew York, NY101-250
BioIntelliSenseBioIntelliSenseMedical Devices$82MSeries BGolden, CO1-10
Tesseract HealthTesseract HealthMedical Devices$80MSeries BGuilford, CT11-50
Quit GeniusQuit GeniusWellness & Fitness$78.6MSeries BNew York, NY51-100
H1H1IT & Software$70.9MSeries BNew York, NY101-250
AllStripesAllStripesBiotech$67.1MSeries BSan Francisco, CA51-100
Wheel WheelIT & Software$65.6MSeries BAustin, TX101-250
Linus HealthLinus HealthWellness & Fitness$64.9MSeries BWaltham, MA51-100
Rheos Medicine Rheos MedicinesBiotech$60MSeries ACambridge, MA11-50
b.well b.wellMedical/Healthcare$58.7MSeries BBaltimore, MD11-50
Abacus InsightsAbacus InsightsIT & Software$53.6MSeries BNew York, NY11-50
Nayya NayyaAI$50.7MSeries BNew York, NY11-50
BrightsideBrightside Insurance & Benefits$39.2MSeries ASan Francisco, CA51-100
1upHealth1upHealthIT & Software$35.5MSeries BBoston, MA51-100
OctaveOctaveWellness & Fitness$34MSeries BSan Francisco, CA11-50
Eleanor HealthEleanor HealthMedical/Healthcare$32MSeries BWaltham, MA101-250
Covera HealthCovera HealthMedical/Healthcare$32MSeries BNew York, NY51-100
Heartbeat HealthHeartbeat HealthMedical Devices$32MSeries BNew York, NY11-50
LivelyLively Medical Devices$31MSeries BNew York, NY101-250
NeuroFlowNeuroFlowWellness & Fitness$31MSeries BPhiladelphia, PA51-100
FOLX Health FOLX HealthMedical/Healthcare$29.4MSeries ABoston, MA11-50
Sana Benefits Sana BenefitsInsurance & Benefits$26.8MSeries AAustin, TX11-50
Oshi HealthOshi HealthMedical/Healthcare$23MSeries ANew York, NY11-50
Assured AlliesAssured AlliesInsurance & Benefits$22.5MSeries ABoston, MA11-50
Modern Fertility Modern Fertility Wellness & Fitness$22MSeries ASan Francisco, CA11-50
Verfiable VerfiableIT & Software$20MSeedSan Francisco, CA11-50
Ciitizen CiitizenIT & Software$20MSeries APalo Alto, CA11-50
Tausight TausightIT$20MSeries ABoston, MA11-50
NotableNotableAI$19.2MSeries ASan Mateo, CA11-50
Ophelia OpheliaWellness & Fitness$17.7MSeries ANew York, NY11-50
Incredible HealthIncredible HealthMedical/Healthcare$17.3MSeries ASan Francisco, CA51-100
UnlearnAIUnlearn.AIAI$17MSeries ASan Francisco, CA11-50
Garner HealthGarner HealthIT & Software$16.3MSeries ANew York, NY11-50
Real RealWellness & Fitness$16MSeries ANew York, NY11-50
Particle HealthParticle HealthIT & Software$14.3MSeries ANew York, NY11-50
Subtle MedicalSubtle MedicalAI$13.3MSeries AMenlo Park, CA11-50
Onera HealthOnera HealthMedical Devices$9.3MSeries BPalo Alto, CA11-50
Qlaris BioQlaris BioBiotech$8.2MSeries ACambridge, MA1-10
CurativeCurative Biotech$8MSeedSan Dimas, CA1001-5000
Overjet OverjetAI$7.9MSeedBoston, MA11-50
LifeSpanLifeSpanMedical/Healthcare$7.5MSeedSan Francisco, CA1-10
Curve Curve HealthMedical/Healthcare$6MSeedNew York, NY1-10
Blue FeverBlue Fever Wellness & Fitness$4.2MSeedLos Angeles, CA11-50
avoMDavoMD IT & Software$3MSeedNew York, NY1-10
CoaCoaWellness & Fitness$3MSeedSan Francisco, CA1-10
AdvekitAdvekitWellness & Fitness$2.6MSeedLos Angeles, CA1-10
Daybreak HealthDaybreak HealthWellness & Fitness$1.9MSeedSan Francisco, CA1-10
DrugviuDrugviuIT$1.8MSeedSan Diego, CA1-10
Rejoy HealthRejoy HealthAI$1.7MSeedSanta Clara, CA11-50
CoVerified CoVerifiedIT & SoftwareN/ASeedBoston, MA11-50
Quadrant EyeQuadrant Eye Medical DevicesN/ASeedSan Francisco, CA1-10
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