Sectors · Healthcare & Life Sciences

Healthtech

Private financing across Healthtech, aggregated from public sources.

Healthtech is a subsector of Healthcare & Life Sciences. Zoom out to read the whole macro sector $400.1B raised across 15,258 companies.

$51.9B
Capital raised
2,138
Companies
4,407
Rounds
1997
First on record
2026-03-26
Latest round

Cooling Healthtech drew $2.4B over the last 12 months, down 45% versus the prior 12 ($4.3B). Of 1,940 companies rankable against same-niche peers, 24% model over-valued and 28% under-valued.

Capital flow over time

Quarterly capital raised across Healthtech.

2008-Q3 · $240K2008-Q32008-Q4 · $1.3M2009-Q1 · $41.1M2009-Q2 · $8.7M2009-Q3 · $10.4M2009-Q4 · $113.1M2010-Q1 · $10.2M2010-Q12010-Q2 · $106.7M2010-Q3 · $32.8M2010-Q4 · $55.5M2011-Q1 · $33.7M2011-Q2 · $73.8M2011-Q3 · $111.1M2011-Q32011-Q4 · $60.5M2012-Q1 · $24.9M2012-Q2 · $182.3M2012-Q3 · $67.8M2012-Q4 · $193.7M2013-Q1 · $70.1M2013-Q12013-Q2 · $174.0M2013-Q3 · $129.3M2013-Q4 · $96.7M2014-Q1 · $354.5M2014-Q2 · $125.1M2014-Q3 · $349.7M2014-Q32014-Q4 · $114.3M2015-Q1 · $240.4M2015-Q2 · $242.6M2015-Q3 · $360.4M2015-Q4 · $120.8M2016-Q1 · $325.6M2016-Q12016-Q2 · $374.0M2016-Q3 · $482.3M2016-Q4 · $794.3M2017-Q1 · $558.2M2017-Q2 · $987.3M2017-Q3 · $618.5M2017-Q32017-Q4 · $796.5M2018-Q1 · $400.4M2018-Q2 · $741.2M2018-Q3 · $950.1M2018-Q4 · $726.8M2019-Q1 · $394.3M2019-Q12019-Q2 · $2.3B2019-Q3 · $1.7B2019-Q4 · $529.6M2020-Q1 · $1.0B2020-Q2 · $689.3M2020-Q3 · $2.1B2020-Q32020-Q4 · $1.7B2021-Q1 · $3.9B2021-Q2 · $2.0B2021-Q3 · $2.0B2021-Q4 · $2.3B2022-Q1 · $1.4B2022-Q12022-Q2 · $1.1B2022-Q3 · $845.2M2022-Q4 · $1.6B2023-Q1 · $931.6M2023-Q2 · $1.6B2023-Q3 · $934.3M2023-Q32023-Q4 · $2.2B2024-Q1 · $933.9M2024-Q2 · $1.8B2024-Q3 · $996.2M2024-Q4 · $1.0B2025-Q1 · $879.4M2025-Q12025-Q2 · $1.4B2025-Q3 · $900.9M2025-Q4 · $1.2B2026-Q1 · $286.6M
Median round size by stage
StageMedian roundRounds
Growth/Late$191.0M21
Series D+$115.5M99
Series C$46.5M234
Series B$18.3M545
Series A$5.5M1,242
Seed$1.9M1,300
Pre-Seed$375K966
Top-funded companies
CompanyStageRaisedModeled value
Brown & Brown Helping Care, Inc.
LOS ANGELES
Growth/Late$1.7B$40.3B
Teladoc Health, Inc.
PURCHASE
Growth/Late$1.1B$22.1B
Roman Health Ventures Inc.
NEW YORK
Growth/Late$626.8M$11.6B
Hinge Health, Inc.
SAN FRANCISCO
Series D+$862.5M$7.7B
Waystar Holding Corp.
LEHI
Growth/Late$620.8M$6.1B
Monogram Health Holdings, Inc.
Brentwood
Series D+$535.1M$5.5B
Auris Health, Inc.
REDWOOD CITY
Series D+$718.1M$5.3B
Asc Dental Ventures Llc
WILMINGTON
Growth/Late$1.1B$4.8B
Stark Medical Resorts Inc
SHERIDAN
Growth/Late$625.0M$4.7B
TVG-Rock Dental Group Holdings, LLC
LITTLE ROCK
Series D+$180.0M$4.6B
Reify Health, Inc.
Boston, MA
Series D+$220.3M$4.6B
Lyra Health, Inc.
BURLINGAME
Series D+$867.7M$4.3B
True Health Group LLC
RICHMOND
Series D+$207.0M$4.0B
Healthcare, Inc.
MIAMI
Series D+$246.8M$4.0B
Net Health Parent Holdings, L.P.
Washington
Series D+$160.6M$3.9B
Aledade, Inc.
BETHESDA
Series D+$662.6M$3.5B
Iora Health, Inc.
BOSTON
Series D+$364.9M$3.3B
Ajax Health LLC
MENLO PARK
Series D+$125.0M$3.2B
WP CityMD Topco LLC
NEW YORK
Growth/Late$1.1B$2.9B
Clarify Health Solutions, Inc.
SAN FRANCISCO
Series D+$372.7M$2.9B
Related sectors

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Frequently asked
How much venture funding has the Healthtech sector raised?
Companies in Healthtech have raised approximately $51.9B across 4,407 recorded financing rounds among 2,138 companies, aggregated from public sources.
Is Healthtech venture funding growing?
Healthtech funding is currently cooling: capital raised over the last 12 months was down 45% versus the prior 12 months.
What is the typical round size in Healthtech?
Median disclosed round sizes in Healthtech by stage are: Growth/Late $191.0M, Series D+ $115.5M, Series C $46.5M, Series B $18.3M. These are medians across recorded rounds, not averages.
Which are the most-funded Healthtech companies?
The most-funded Healthtech companies in our coverage include Brown & Brown Helping Care, Inc., Teladoc Health, Inc., Roman Health Ventures Inc., Hinge Health, Inc., Waystar Holding Corp.. See the full ranked table for disclosed capital and modeled valuations.
When did Healthtech funding activity begin in this data?
The earliest recorded Healthtech financing in our coverage dates to 1997, with the most recent round around 2026-03-26.