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Top Healthcare Startups to Watch (and Work for) in 2023

August 2, 2023
      |      Kieran Ryan
Two ladies smiling in front of a front desk from "Almond"

My Background

Hi, I'm Kieran! I worked in startups for five years at On Deck and Wefunder. Some of my favorite things that I've worked on during my career include:

  • Wefunder Workaway: 12 founders working on a new idea, 7 days, 1 mansion in Hawaii. One of the teams we picked raised a Series A from Andreessen Horowitz, and two people who met during the trip got married...
  • On Deck: As employee #15, I contributed to the startup's growth from no revenue to a $20 million run rate in less than a year. I led the team that built the admission infrastructure to support and scale ~20 fellowships for founders, capital allocators, operators, and creators.
  • XX: Worked on a pre-YC accelerator program that invested $125K on an MFN SAFE into 8-10 teams per cohort.
  • ODX: Worked on a $100 million accelerator program that invested $125K for 7% into 100s of startups. We partnered with leaders like Flexport to build vertical industry tracks around supply chain & logistics, etc.
  • Ryan Marketing: Created an influencer marketing startup (2 million+ Instagram followers) during college with my twin brother and realized early that monetization for creators was broken. I learned a lot, and it paid enough to cover my schooling, rent, and meals.

The Methodology

I considered several data points to arrive at the startups selected on this list, including company traction, funding raised, valuation, and investors. From my initial list, I then referenced each startup with my personal network to narrow down the list to the one you see below. I take my credibility seriously, so I do not take any money from startups who want to be included on this list to remain impartial. If you want to understand my analysis of startups and prefer long-form content, read my research on the top startups of 2023 afterward.

Thirty Madison Logo

Thirty Madison

Virtual-first specialized healthcare.

Headquarters

New York, New York

Industry

Healthcare

Founded

2017

Funding

$209.8 million

Valuation

$1 billion+

Traction

  • As of May 2023, Thirty Madison brands include Keeps, Cove, Nurx, Picnic, and Facet.
  • As of May 2023, Thirty Madison has 800,000+ customers (patients under care) and an average net promoter score (NPS) of 77.
  • In 2020, Thirty Madison's revenue grew by 3x
  • As of June 2021, Keeps’ patients reported a 92% medication adherence rate, and 77% of Cove’s patients reported improved migraine severity.
Two overlapping blue triangles with white background.

Modern Health

Mental healthcare designed for your workforce.

Headquarters

San Francisco, California

Industry

Healthcare

Founded

2017

Funding

$167.4 million

Valuation

$1.17 billion

Traction

  • Over 80% of members reported improved or maintained well-being when using Modern Health.
  • Modern Health serves 250+ enterprise customers, including Dropbox, Lyft, Palo Alto Networks, Mile Two, Alector, Carrot Fertility, Workiva, Aesop, Eventbrite, Marqeta, and Zendesk.

Alma Logo

Alma

Simplifying access to therapy.

Headquarters

New York, New York

Industry

Healthcare

Founded

2017

Funding

$220.5 million

Valuation

~$800 million

Traction

  • Alma claims its customers who use their insurance save an average of $77 on the cost of therapy.
  • From August 2021 to August 2022, Alma scaled the number of mental health providers on its platform by 3x to 8,000.
Viz.ai Logo

Viz.ai

AI-powered care coordination platform.

Headquarters

San Francisco, California

Industry

Healthcare, Artificial Intelligence (AI)

Founded

2016

Funding

$291.6 million

Valuation

$1.2 billion

Traction

  • As of March 2023, Viz.ai has 1,300+ customers (hospitals), up from 1,000 in April 2022, using the Viz platform, which accounts for 220 million+ people.
Transcarent Logo

Transcarent

A comprehensive health and care experience company.

Headquarters

San Francisco, California

Industry

Healthcare

Founded

2020

Funding

$298 million

Valuation

$1.2 billion

Traction

  • As of June 2023, Transcarent reports an 80+ net promoter score (compared to the industry average of 20), a reduction of 40% in unnecessary urgent care and ER visits, a reduction of 80% in readmissions and complications, and an estimated $500 reduction in total cost of care per person per year.
Simple HealthKit Logo

Simple HealthKit

Delivering end-to-end diagnostic and digital health solutions for various organizations.

Headquarters

Fremont, California

Industry

Healthcare

Founded

2017

Funding

$12 million

Valuation

Undisclosed

Traction

  • As of June 2023, Simple HealthKit claims 99.86% of processed samples received at their lab return a result within 24 hours, <99% of the time when an individual starts the registration process they complete it, and 100% of abnormal test results receive a follow up from the Simple HealthKit team.
  • As of February 2023, Simple HealthKit works with companies like Walmart, representing 1.5 million+ people.
  • Between 2021 and 2022, Simple HealthKit’s testing volume grew by 46%.
LightForce Logo

LightForce

Fully customized, 3D-printed braces.

Headquarters

Burlington, Massachusetts

Industry

Healthcare, 3D Printing

Founded

2015

Funding

$70.6 million

Valuation

Undisclosed

Traction

  • In 2022, LightForce was awarded the Ortho Innovator Award by the American Association of Orthodontists.
  • In November 2021, LightForce reported a 500%+ revenue growth rate over the previous year.
Infinitus Systems Logo

Infinitus Systems

AI healthcare call automation.

Headquarters

San Francisco, California

Industry

Healthcare, Artificial Intelligence (AI)

Founded

2019

Funding

$51.4 million

Valuation

Undisclosed

Traction

  • As of November 2021, 35,000+ providers use Infinitus Systems, up from 12,000 in January 2021.
Vori Health Logo

Vori Health

A better back, neck, and orthopedic care approach.

Headquarters

San Francisco, California

Industry

Healthcare

Founded

2020

Funding

$56.3 million

Valuation

Undisclosed

Traction

  • As of June 2023, Vori Health claims up to a 4x return on investment, 85% plan adherence (compared to the average of 30%), <3% surgical referral (compared to the average of 92%), and an 80% satisfaction rating informed by NPS surveys in Q1 2022.
  • As of June 2023, Vori Health has board-certified orthopedic specialists licensed in all 50 states.
Waymark Logo

Waymark

Care guided by the community.

Headquarters

San Francisco, California

Industry

Healthcare

Founded

2021

Funding

$45 million

Valuation

Undisclosed

Traction

  • In a trial with Pennsylvania Medicaid, Waymark’s community health workers and social workers approach resulted in a 12% higher rating for quality, a 24% reduction in repeat admission, a 17% reduction in 30-day readmission, and a 30% reduction in the number of hospitals.
triValence Logo

triValence

Healthcare payments ecosystem and optimization platform.

Headquarters

Saint Louis Park, Minnesota

Industry

Healthcare, Fintech

Founded

2021

Funding

Undisclosed

Valuation

Undisclosed

Traction

  • In June 2023, triValence partnered with OrthoVirginia, the state’s largest orthopedic medicine and therapy provider, to pilot Enterprise procurement and expense management needs.
Tempus Logo

Tempus

AI-enabled precision medicine.

Headquarters

Chicago, Illinois

Industry

Healthcare, Artificial Intelligence (AI)

Founded

2015

Funding

$1.3 billion

Valuation

$8.1 billion

Traction

  • As of June 2023, Tempus reported 50%+ of all Academic Medical Centers in the US are connected to Tempus, 40%+ of oncologists in the US are connected to Tempus through sequencing, clinical trial matching and research-enabled partnerships, and 90% of the top 20 pharma oncology companies partner with Tempus.
  • As of June 2023, Tempus reported 170+ biopharma partnerships, 6 million+ de-identified research records to power scientific discovery to improve patient outcomes, 20,000+ patients identified for potential enrollment into clinical trials in its network, and 100+ petabytes of data.
  • In March 2023, Tempus closed three major pharma contracts with Pfizer, GSK, and AstraZeneca, representing ~$700 million in revenue over the next few years.
Syllable AI Logo

Syllable AI

Making healthcare interactions easy for patients and staff.

Headquarters

Sunnyvale, California

Industry

Healthcare, Artificial Intelligence (AI)

Founded

2017

Funding

$82 million

Valuation

Undisclosed

Traction

  • As of June 2023, Syllable AI serves over 45 million patients nationwide.
  • As of June 2023, Syllable AI claims customers save $2.8 million per 1 million calls, see a 6x reduction in call abandonment, a 40% reduction in call duration, and a 68% reduction in direct labor costs.
Health IQ Logo

Health IQ

Using your detailed health record and AI platform to find a healthcare plan tailored to your needs.

Headquarters

Mountain View, California

Industry

Healthcare, Artificial Intelligence (AI)

Founded

2014

Funding

$139.5 million

Valuation

Undisclosed

Traction

  • Between November 2017 and May 2019, Health IQ has grown from $7 billion in coverage to $21 billion in coverage, savings for clients has grown from 4% to 41%, and clients save on average $4,289 with rate savings and $6,279 from underwriting savings over a 30-year policy.
  • As of May 2023, Health IQ searches from 3,000+ plans to find the right one for customers.
Alan Logo

Alan

All-in-one healthcare partner.

Headquarters

Paris, France

Industry

Healthcare, Insurance

Founded

2016

Funding

$526.7 million

Valuation

$2.9 billion

Traction

  • As of May 2023, Alan claims a 4.7/5 satisfaction score, 83% of employers improved performance with Alan, and a 53 net promoter score (NPS) by HR teams.
  • As of May 2023, Alan has 300,000+ members from 15,000+ companies.
  • As of May 2023, Alan has rated 4.9/5 stars from 2.1K reviews on the Apple App Store and 4.4/5 stars from 1.54K reviews on the Google Play Store.
Green "v" on white background

Vital

Hospital solutions for patients, clinicians, and staff.

Headquarters

Atlanta, Georgia

Industry

Healthcare

Founded

2017

Funding

$45.9 million

Valuation

Undisclosed

Traction

  • As of March 2023, Vital was on pace to impact 1 million patients and support 100,000 clinical tasks in 2023.
  • As of March 2023, Vital is in 100 hospitals, 31 healthcare systems, and 19 states.
  • As of May 2023, Vital claims a 97% patient customer satisfaction rating.
Binti Logo

Binti

Foster care software.

Headquarters

Oakland, California

Industry

Healthcare, Childcare

Founded

2016

Funding

$60 million+

Valuation

Undisclosed

Traction

  • As of May 2023, Binti has helped 44,000 families foster/adopt a child's approval.
  • As of May 2023, 10,000 social workers use Binti.
  • As of May 2023, Binti claims it has increased the family approval rate by 30%.
Vitable Health Logo

Vitable Health

Affordable primary care plans for everyone.

Headquarters

Philadelphia, Pennsylvania

Industry

Healthcare

Founded

2019

Funding

$8.8 million

Valuation

Undisclosed

Traction

  • As of May 2023, Vitable Health touts an 84 net promoter score (NPS) from members and a 4.9/5 provider rating.
Suki Logo

Suki

Digital assistant for doctors.

Headquarters

Redwood City, California

Industry

Artificial Intelligence (AI), Healthcare

Founded

2017

Funding

$95 million

Valuation

$400 million

Traction

  • As of December 2021, Suki claims its product reduces documentation time for doctors by an average of 76%.
  • As of December 2021, Suki is used in more than 90+ clinics and health systems in the United States.
  • As of May 2023, Suki’s net promoter score (NPS) by doctors using their product is 51.
Spring Discovery Logo

Spring Discovery

AI tools built for scientists.

Headquarters

San Carlos, California

Industry

Artificial Intelligence (AI), Healthcare

Founded

2017

Funding

$50 million+

Valuation

Undisclosed

Traction

  • As of May 2023, Spring Discovery has three products: Anvil, Immune Compass, and MegaMap.
  • Spring Discovery customers include scientists from UCSF, the Bill & Melinda Gates Foundation, Broad Institute, Assay.Works, and Gilead Sciences.
Rupa Health Logo

Rupa Health

A simpler way to order specialty lab work.

Headquarters

San Francisco, California

Industry

Healthcare

Founded

2018

Funding

$25.8 million

Valuation

Undisclosed

Traction

  • As of May 2023, Rupa Health’s platform now has lab tests from 30+ laboratories, up from 3,000+ specialty lab tests from 25+ laboratories in March 2022.
Pomelo Care Logo

Pomelo Care

Virtual maternity care program.

Headquarters

New York, New York

Industry

Healthcare

Founded

2021

Funding

$41 million

Valuation

Undisclosed

Traction

  • As of May 2023, Pomelo Care claims a 5/5 average appointment rating and < 5-minute response time.
Pine Park Health Logo

Pine Park Health

Primary care in the comfort and convenience of your community.

Headquarters

Oakland, California

Industry

Healthcare

Founded

2019

Funding

$43.5 million

Valuation

Undisclosed

Traction

  • As of May 2023, Pine Park Health provides services in 80+ communities through its living partners, up from 50 communities in January 2022.
  • Pine Park Health senior living partners include Pacifica Senior Living, HumanGood, SRG Senior Living, Brookdale Senior Living, Oakmont Senior Living, and Sunrise Senior Living.
Nomad Logo

Nomad

Travel clinician jobs.

Headquarters

New York, New York

Industry

Healthcare, Marketplace

Founded

2015

Funding

$218 million

Valuation

Undisclosed

Traction

  • As of May 2023, more than 300,000 clinicians use Nomad.
Boulder Logo

Boulder

Telehealth addiction treatment on your terms.

Headquarters

Portland, Oregon

Industry

Healthcare

Founded

2017

Funding

$50.1 million

Valuation

Undisclosed

Traction

  • As of May 2023, Boulder claims 93% of patients are meeting their goals of reducing unwanted use, 74% rate their recovery progress as excellent, and Boulder has a net promoter score (NPS) of 86 (2x industry average).
  • Between February 2020 and June 2022, Boulder grew revenue by 10x and launched with 20+ enterprise customers, including Comcast and Hewlett-Packard.

Nimble Logo

Nimble

Prescription delivery that’s fast and secure.

Headquarters

Redwood City, California

Industry

Healthcare, Consumer

Founded

2015

Funding

$74.9 million

Valuation

Undisclosed

Traction

  • In 2021, Nimble surpassed $1 billion in revenue (up from ~$500 million in August 2020) and on-demand coverage in 85% of the United States.
  • As of October 2017, Nimble had dispensed over 5 million medication doses.
Koala Logo

Koala

Pet medication made easy.

Headquarters

Boston, Massachusetts

Industry

Healthcare, Consumer, Pets

Founded

2021

Funding

$23 million

Valuation

Undisclosed

Traction

  • As of September 2022, Koala was available in 36 states.
  • As of May 2023, Koala is available in all 50 states.
Summer Health Logo

Summer Health

Text pediatricians in 15 minutes.

Headquarters

New York, New York

Industry

Healthcare

Founded

2021

Funding

$7.5 million

Valuation

Undisclosed

Traction

  • As of July 2022, Summer Health is available nationwide and works with licensed pediatricians in every state.
Roon Logo

Roon

The place online for people navigating complex health conditions.

Headquarters

New York, New York

Industry

Healthcare

Founded

2021

Funding

$7.5 million

Valuation

Undisclosed

Traction

  • As of August 2022, Roon has 200 users and provides information on glioblastomas. 
  • As of May 2023, Roon has a perfect 5-star rating from 17 reviews on the Apple App Store.
Vim Logo

Vim

Digital infrastructure for healthcare performance.

Headquarters

San Francisco, California

Industry

Healthcare

Founded

2015

Funding

$71.9 million

Valuation

Undisclosed

Traction

  • Vim customers include Walgreens, Anthem, Priva Health, Stellar Health, Availity, Sanitas, The Medical Group of South Florida, and Providence Health & Services.
  • As of May 2023, Vim’s numbers are a 12-24% improvement in high-value specialist selection, >80% quality gap engagement rate, and >5x faster point-of-care integration than legacy approaches.
red hollow circle with white background

Athelas

Digital tools made for modern healthcare organizations.

Headquarters

Mountain View, California

Industry

Healthcare

Founded

2016

Funding

$150.1 million

Valuation

$1.5 billion

Traction

  • From 2021-2022, Athelas grew its active patients on the platform by 10x.
  • Athelas surpassed 50,000 patients across thousands of healthcare providers.
Loop Health Logo

Loop Health

Employee healthcare and wellness benefits.

Headquarters

Pune, Maharashtra, India

Industry

Healthcare

Founded

2017

Funding

$39.3 million

Valuation

Undisclosed

Traction

  • Loop Health has 500,000+ customers who are employees of Japfa, GE, Medline India, Livio, ProductDossier, and Knorex.
  • Loop Health has completed 30,000+ medical consults.
plant logo

Grow Therapy

Find a therapist who meets your needs.

Headquarters

New York, New York

Industry

Healthcare

Founded

2020

Funding

$90 million

Valuation

Undisclosed

Traction

  • The Grow Therapy network of therapists with an average of 12 years of experience covers 36 states and 30 specialties.
  • From 2021-2022, Grow Therapy accomplished 13x YoY growth and has 3,500+ providers on the platform.
  • Grow Therapy accepts major insurance providers, including Aetna, Cigna, Humana, Blue Cross Blue Shield, and Oscar.

Levels logo

Levels

Unlock your metabolic health.

Headquarters

New York, New York

Industry

Healthcare

Founded

2019

Funding

$57 million

Valuation

Undisclosed

Traction

  • Levels was on track for $6 million in annual recurring revenue in 2022.
  • 242,000 users have signed up for Levels.

Lyra Health Logo

Lyra Health

Leading global workforce mental healthcare platform.

Headquarters

Burlingame, California

Industry

Healthcare

Founded

2015

Funding

$910.1 million

Valuation

$5.58 billion

Traction

  • Lyra Health has 300+ corporate customers, which totals over 13 million people, including Meta, Pinterest, Starbucks, Morgan Stanley, Lululemon, eBay, Amgen, and Genentech.
  • In January 2022, Lyra Health acquired ICAS World, a global assistance program provider supporting 1,500 companies and 6.3 million members.

Heard Logo

Heard

Bookkeeping and taxes for therapists.

Headquarters

San Francisco, California

Industry

Healthcare, Fintech

Founded

2019

Funding

$26.3 million

Valuation

Undisclosed

Traction

  • As of June 2023, Heard reported its software saves therapists 60 hrs per year in financial record-keeping, creates an opportunity for $9,000+ of extra income per year, and saves therapists $5,000+ in taxes.
  • As of June 2023, Heard has ~100 customers, including Tri-Star Counseling, Black Women Healing Space, and Total Idea U.
  • Between June 2022 and June 2023, Heard reported 5x customer and revenue growth.
Curai Health Logo

Curai Health

AI tech enabling 24/7/365 primary care.

Headquarters

Palo Alto, California

Industry

Healthcare, Artificial Intelligence (AI)

Founded

2016

Funding

$57 million

Valuation

Undisclosed

Traction

  • As of December 2020, Curai Health has supported 350,000+ patient visits on its platform, and its AI has nearly a 90% diagnosis rate.
Almond Logo

Almond

ObGyn care made simple.

Headquarters

Los Angeles, California

Industry

Healthcare

Founded

2021

Funding

$7 million

Valuation

Undisclosed

Traction

  • As of June 2023, Almond has a 5/5 star rating from 41 Google Reviews.

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