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1. TRACXN TOP BUSINESS MODELS REPORT
February 17, 2021
HEALTHTECH

2. HealthTech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
HealthTech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. HealthTech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Funding in last 1 year
3
Healthcare IT $11.6B
Healthcare Booking Platforms $5.8B
Life Sciences Tech $3.5B
Disease Self Management $2.7B
Fitness & Wellness Tech $2.2B
Employee Health IT $1.7B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Techstars
AngelList
29
26
8
Early
Stage
Y Combinator
Khosla Ventures
QED Investors
11
10
8
Late
Stage
Sequoia Capital
Tencent
Optum Ventures
11
10
10
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (68%)
China (14%)
United Kingdom (3%)
India (2%)
France (2%)
Brazil (2%)
Canada (2%)
Others (7%)
$ Funding # Rounds
VillageMD
(2013, United States)
$1.0B - Series C
Wecancer
(2015, Brazil)
$521M - Series D
Bright Health
(2015, United States)
$500M - Series E
DXY
(2000, China)
$500M - Series E
Miaoshou
(2015, China)
$465M - Series E
Zwift
(2014, United States)
$450M - Series C
Keep
(2014, China)
$360M - Series F
WeDoctor
(2010, China)
$350M - Series D
XtalPi
(2014, United States)
$319M - Series C
Medbanks
(2015, China)
$305M - Series E
ConnectiveRx
(2015, United States)
$300M - PE
Hinge Health
(2014, United States)
$300M - Series D

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲31 Virtual Primary Care Platforms $1.3B 5 VillageMD | $1.0B | Series C Link
2▼1 Cheminformatics for Drug Discovery $1.2B 18 XtalPi | $319M | Series C Link
3▲219
Disease Self Management > Cancer > Monitoring >
App
$521M 1 Wecancer | $521M | Series D Link
4▲119
Healthcare IT > Provider > Administrative Solutions
> Suite
$506M 13 Olive | $226M | Series G Link
5▲287
Healthcare IT > Provider > Professional Network >
Social Platform > Doctors
$500M 1 DXY | $500M | Series E Link
6▲55
Employee Health IT > Tech Enabled Services >
Behavioral Health
$498M 23 Lyra Health | $187M | Series E Link
7▲105 White label Telehealth Platform $480M 28 Amwell | $194M | Series C Link
8--
Fitness & Wellness Tech > Physical Fitness > Smart
Exercising Equipment > Virtual Experience ..
$454M 2 Zwift | $450M | Series C Link
9▲257 Personal Workout Training Apps $454M 9 Keep | $360M | Series F Link
10▲7 Remote Patient Monitoring $392M 30 Preventice So.. | $137M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲8 Digital Therapeutics for Physiotherapy $357M 8 Hinge Health | $300M | Series D Link
12▲39 Symptom Tracking Solutions $349M 13 Kang Health | $132M | Series E Link
13▼11 Clinical Decision Support Tools for Cancer Treatment $336M 7 Tempus | $200M | Series G Link
14▼2
Healthcare Booking Platforms > Diagnostics >
Internet First Clinical Labs > Biochemical Tests
$330M 6 Everly Wellness | $175M | Series D Link
15▲29 Clinical Decision Support Tools for Disease Diagnosis $318M 5 LumiraDx | $164M | Series D Link
16▲56 Digital Therapeutics for Mental Disorders $313M 11 Pear Therapeu.. | $112M | Series D Link
17▼6
Healthcare IT > Provider > Professional Network >
Clinical Resources
$305M 1 Medbanks | $305M | Series E Link
18▲17
Healthcare Booking Platforms > Doctors > House
Call
$302M 6 DispatchHealth | $136M | Series C Link
19▲41 Smart Exercising Equipment $294M 8 Tonal | $120M | Series D Link
20▲1 Telepharmacy $274M 9 Medly Pharmacy | $100M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲24
Internet First Direct to Consumer Genetic Testing
Labs
$268M 5 Color | $167M | Series D Link
22▲12 Mental Health Teleconsultation $261M 31 Mindstrong | $100M | Series C Link
23▲48
Life Sciences Tech > Research & Development >
Image Analysis > Digital Pathology
$252M 7 PAIGE | $100M | Series C Link
24▲85
Employee Health IT > Tech Enabled Services >
Mental Health
$248M 10 Modern Health | $74.0M | Series D Link
25▲14 Digital Therapeutics for Chronic Conditions $232M 7 Virta | $93.2M | Series C Link
26▼11 Radiological Image Analysis Software $225M 20 eCential Robo.. | $120M | Series C Link
27▲271
Disease Self Management > Diabetes > Monitoring >
Glucose > App
$217M 10 Virta | $93.2M | Series C Link
28▼4 Genomics based Drug Discovery Software $216M 4 LinkDoc | $102M | Series D Link
29▼6 Value Based Chronic Care Management $215M 17 Medlinker | $76.0M | Series D Link
30▲1 Tech First Medical Clinics $214M 5 Cityblock | $160M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲15 Clinical Labs IT > Pathology > Post Analytical $211M 9 PAIGE | $100M | Series C Link
32▲93
Healthcare Booking Platforms > Concierge
Healthcare Services
$187M 4 Grand Rounds | $175M | Series D Link
33▲7 Meditation Apps $184M 12 Calm | $75.0M | Series C Link
34▼20 Healthcare Concierge Services Platforms $176M 2 Grand Rounds | $175M | Series D Link
35▼32
End-to-End Software for Managing Life Sciences
Research
$176M 3 Jiaxing Taime.. | $176M | Series F Link
36▲59 Online Caregiver Booking Platform $172M 11 Honor | $140M | Series D Link
37▲17 Fitness Bands $167M 3 Whoop | $100M | Series E Link
38▲117 Hearing aids $163M 6 Eargo | $81.6M | Series E Link
39▲75 Life Sciences Tech > CRM $160M 3 Within3 | $100M | Series C Link
40▼32 Healthcare Data Management $155M 19 Senyi | $61.1M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼31
Healthcare IT > Provider > Administrative Solutions
> Hospital Operations > Appointment Manag..
$150M 3 Zocdoc | $150M | Series E Link
42▲20 Healthcare Administrative Workflow $147M 8 LeanTaaS | $130M | Series D Link
43▼34 Genomic Sequencing Data Analysis $126M 10 MedGenome | $55.0M | Series D Link
44▲64 Personal Health Record Management Apps $113M 14 Q Bio | $40.0M | Series B Link
45▼32
Life Sciences Tech > Research & Development >
Clinical Trials > Study Implementation > RTSM >..
$112M 1 Pear Therapeu.. | $112M | Series D Link
46▲28
Employee Health IT > Tech Enabled Services >
Physical Fitness
$111M 11 Lark Technol.. | $55.0M | Series C Link
47▲366
Fitness & Wellness Tech > Physical Fitness > Social
Platforms
$110M 2 Strava | $110M | Series F Link
48▲16 Disease Self Management > Geriatrics > PERS > App $110M 3 RapidSOS | $85.0M | Series C Link
49▲50
Healthcare IT > Provider > Clinical Operations >
Decision Support > Diagnosis > Differential ..
$109M 4 Exo | $51.0M | Series C Link
50▲223
Disease Self Management > Body Health Parameters
> Monitoring > Body Chemistry > Device
$103M 1 Cue Health | $103M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Virtual Primary Care Platforms
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B (▲1249%)
5(▲400%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.5B
6
-
8
4
Healthcare IT (Doximity)
(# Cos: 23745 | $58.6B)
Value Based Care (Livongo)
(# Cos: 5117 | $21.6B)
Volume-to-Value Transition (Grand
Rounds)
(# Cos: 134 | $4.4B)
Virtual Primary Care (Aledade)
(# Cos: 8 | $2.5B)
Aledade
(2014, United States, $398M)
VillageMD
(2013, United States, $1.2B)
Alignment Healthcare
(2013, United States, $375M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
VillageMD (2013, United States)
$1.0B - Series C - Jun 2020
Alignment Hea.. (2013, United States)
$135M - Series C - Mar 2020
Aledade (2014, United States)
$100M - Series D - Jan 2021
Aledade (2014, United States)
$64.4M - Series D - Apr 2020
Privia Health (2007, United States)
$24.9M - Series C - Mar 2020

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Cheminformatics for Drug Discovery
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.2B (▲220%)
18(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$2.6B
110
6
217
15
Life Sciences Tech (Veeva Systems)
(# Cos: 3283 | $14.7B)
Research & Development (Medidata)
(# Cos: 2538 | $11.7B)
Drug Discovery (Illumina)
(# Cos: 752 | $6.7B)
Cheminformatics (Atomwise)
(# Cos: 217 | $2.6B)
Atomwise
(2012, United States, $175M)
Recursion
(2013, United States, $455M)
Schrodinger
(1990, United States, $162M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
XtalPi (2014, United States)
$319M - Series C - Sep 2020
Recursion (2013, United States)
$246M - Series D - Nov 2020
ValoHealth (2019, United States)
$190M - Series B - Jan 2021
ATAI (2018, Germany)
$125M - Series C - Nov 2020
Atomwise (2012, United States)
$123M - Series B - Aug 2020
Exscientia (2012, United Kingdom)
$60.0M - Series C - May 2020
Genesis Thera.. (2019, United States)
$52.0M - Series A - Dec 2020
View all 18 Funding Rounds on Tracxn Platform

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Disease Self Management > Cancer >
Monitoring > App
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$521M (▲6938%)
1(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$542M
18
-
48
2
Disease Self Management (Livongo)
(# Cos: 6668 | $11.4B)
Cancer (Robin Care)
(# Cos: 52 | $542M)
Monitoring (Outcomes4Me)
(# Cos: 52 | $542M)
App (CancerAid)
(# Cos: 48 | $542M)
CancerAid
(2015, Australia, $4.3M)
Outcomes4Me
(2017, United States, $4.5M)
Robin Care
(2016, United States, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wecancer (2015, Brazil)
$521M - Series D - Feb 2021

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider >
Administrative Solutions > Suite
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$506M (▲1809%)
13(▼7.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$872M
80
6
646
5
Healthcare IT (Livongo)
(# Cos: 23745 | $58.6B)
Provider (Doximity)
(# Cos: 17444 | $32.6B)
Administrative Solutions (Veeva
Systems)
(# Cos: 6497 | $8.8B)
Suite (Olive)
(# Cos: 646 | $872M)
Olive
(2012, United States, $448M)
NextGen Healthcare Inf..
(1974, United States)
WellSky
(1980, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Olive (2012, United States)
$226M - Series G - Dec 2020
Olive (2012, United States)
$106M - Series F - Sep 2020
Shanghai Jingyi Techn.. (2004, China)
$63.4M - Series D - Sep 2020
Olive (2012, United States)
$52.0M - Series E - Apr 2020
MediSponsor (2016, India)
$50.0M - Series C - Jun 2020
Insig (2015, Canada)
$5.9M - Seed - Mar 2020
Dock Health (2017, United States)
$3.0M - Series A - Mar 2020
View all 13 Funding Rounds on Tracxn Platform

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Professional Network
> Social Platform > Doctors
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$500M (▲ >10K%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$823M
20
2
120
4
Healthcare IT (Livongo)
(# Cos: 23745 | $58.6B)
Provider (Veeva Systems)
(# Cos: 17444 | $32.6B)
Professional Network (DailyRounds)
(# Cos: 594 | $1.9B)
Social Platform (DXY)
(# Cos: 177 | $823M)
Doctors (Doximity)
(# Cos: 120 | $823M)
Doximity
(2011, United States, $81.8M)
DXY
(2000, China, $682M)
PlexusMD
(2014, India, $265K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DXY (2000, China)
$500M - Series E - Dec 2020

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Lyra Health (2015, United States)
$187M - Series E - Jan 2021
Lyra Health (2015, United States)
$110M - Series D - Aug 2020
Lyra Health (2015, United States)
$75.0M - Series C - Mar 2020
Ginger (2011, United States)
$50.1M - Series D - Aug 2020
LifeSpeak (2004, Canada)
$31.9M - Series C - Sep 2020
Embold Health (2018, United States)
$22.5M - Series B - Aug 2020
SidekickHealth (2013, United States)
$20.0M - Series A - Oct 2020
View all 23 Funding Rounds on Tracxn Platform
Employee Health IT > Tech Enabled Services >
Behavioral Health
06
14
Back to index
Employee Health IT (Accolade)
(# Cos: 1884 | $8.3B)
Tech Enabled Services (Dialogue)
(# Cos: 1227 | $5.2B)
Behavioral Health (Virgin Pulse)
(# Cos: 296 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$498M (▲746%)
23(▲4.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.8B
118
3
296
17
Virgin Pulse
(2004, United States, $92.0M)
Ginger
(2011, United States, $113M)
Thrive Global
(2016, United States, $65.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
White label Telehealth Platform
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$480M (▲1492%)
28(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.0B
151
5
633
7
Healthcare IT (Livongo)
(# Cos: 23746 | $58.6B)
Provider (Doximity)
(# Cos: 17444 | $32.6B)
Telemedicine Solutions (Phable)
(# Cos: 1849 | $2.8B)
Tele-health Platform (Amwell)
(# Cos: 633 | $1.0B)
Amwell
(2006, United States, $346M)
Phable
(2017, India, $13.8M)
Teladoc Health
(2002, United States, $10.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Amwell (2006, United States)
$194M - Series C - Mar 2020
Amwell (2006, United States)
$100M - Series C - Aug 2020
TimelyMD (2015, United States)
$60.0M - Series C - Jan 2021
Fruit Street .. (2014, United States)
$22.0M - Series C - Dec 2020
Fruit Street .. (2014, United States)
$17.0M - Series B - Mar 2020
Bright.md (2014, United States)
$16.7M - Series C - May 2020
eVisit (2013, United States)
$14.0M - Series A - Oct 2020
View all 28 Funding Rounds on Tracxn Platform

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Fitness & Wellness Tech > Physical Fitness > Smart Exercising
Equipment > Virtual Experience > Non VR-Based > Apps
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$454M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$627M
11
-
36
1
Fitness & Wellness Tech (Gympass)
(# Cos: 11016 | $11.5B)
Physical Fitness (cure.fit)
(# Cos: 6975 | $9.2B)
Smart Exercising Equipment (Peloton)
(# Cos: 180 | $2.3B)
Virtual Experience (FitXR)
(# Cos: 70 | $692M)
Non VR-Based (BitGym)
(# Cos: 43 | $671M)
Apps (Zwift)
(# Cos: 36 | $627M)
Zwift
(2014, United States, $620M)
BitGym
(2011, United States, $25.0K)
Tacx
(1957, Netherlands)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zwift (2014, United States)
$450M - Series C - Sep 2020
Motosumo (2012, Denmark)
$4.1M - Series A - Dec 2020

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Personal Workout Training Apps
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$454M (▲8393%)
9(▲125%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$824M
84
-
1019
6
Fitness & Wellness Tech (Gympass)
(# Cos: 11016 | $11.5B)
Physical Fitness (Peloton)
(# Cos: 6975 | $9.2B)
Fitness and Diet Training Apps (cure.fit)
(# Cos: 3722 | $2.4B)
Fitness (Mirror)
(# Cos: 2204 | $1.5B)
Apps (Asana Rebel)
(# Cos: 1349 | $850M)
Training (Keep)
(# Cos: 1019 | $824M)
Keep
(2014, China, $650M)
Asana Rebel
(2015, Germany, $23.9M)
Aaptiv
(2016, United States, $60.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Keep (2014, China)
$360M - Series F - Jan 2021
Keep (2014, China)
$80.0M - Series E - May 2020
Fitbod (2015, United States)
$4.7M - Series A - Mar 2020
Shred (2018, United States)
$4.0M - Seed - Jun 2020
Fitterfly (2016, India)
$2.8M - Seed - Dec 2020
Fittr (2012, India)
$2.0M - Seed - Apr 2020
Organic Apps (2016, United States)
$388K - Seed - Aug 2020
View all 9 Funding Rounds on Tracxn Platform

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Remote Patient Monitoring
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$392M (▲204%)
30(▲42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$1.2B
172
7
583
21
Healthcare IT (Doximity)
(# Cos: 23747 | $58.6B)
Value Based Care (Livongo)
(# Cos: 5117 | $21.6B)
Remote Monitoring (Eko)
(# Cos: 1463 | $5.9B)
Platforms (Biofourmis)
(# Cos: 583 | $1.2B)
Biofourmis
(2015, United States, $141M)
Voluntis
(2001, United States, $31.2M)
Somatix
(2015, United States, $13.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Preventice So.. (2004, United States)
$137M - Series B - Jul 2020
Biofourmis (2015, United States)
$100M - Series C - Sep 2020
Higi (2012, United States)
$31.4M - Series C - Jun 2020
Clearsense (2015, United States)
$20.5M - Series B - Aug 2020
myNEXUS (2014, United States)
$16.6M - Series B - Sep 2020
Koneksa Health (2015, United States)
$16.0M - Series B - Sep 2020
Optimize Health (2018, United States)
$15.6M - Series A - Aug 2020
View all 30 Funding Rounds on Tracxn Platform

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Physiotherapy
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$357M (▲192%)
8(▼42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$733M
99
4
193
8
Healthcare IT (Doximity)
(# Cos: 23747 | $58.6B)
Value Based Care (Grand Rounds)
(# Cos: 5117 | $21.6B)
Patient Engagement (Omada Health)
(# Cos: 1807 | $6.1B)
Digital Therapeutics (Livongo)
(# Cos: 460 | $2.8B)
Physiotheraphy (Hinge Health)
(# Cos: 193 | $733M)
Hinge Health
(2014, United States, $445M)
MindMaze
(2012, Switzerland, $119M)
SWORD Health
(2012, Portugal, $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hinge Health (2014, United States)
$300M - Series D - Jan 2021
SWORD Health (2012, Portugal)
$25.0M - Series B - Jan 2021
Joint Academy (2007, Sweden)
$23.0M - Series B - Sep 2020
SWORD Health (2012, Portugal)
$9.0M - Series A - Feb 2020
LifeGait (2015, United States)
$200K - Seed - Aug 2020
LifeGait (2015, United States)
$170K - Seed - Apr 2020
Recovr (2013, United States)
$25.0K - Seed - Aug 2020
View all 8 Funding Rounds on Tracxn Platform

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Symptom Tracking Solutions
12
20
Back to index
Disease Self Management (Livongo)
(# Cos: 6669 | $11.4B)
Symptom Checkers (Buoy Health)
(# Cos: 239 | $577M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$349M (▲393%)
13(▲30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$577M
46
-
239
8
Buoy Health
(2014, United States, $86.7M)
Kang Health
(2016, United States, $283M)
Galileo
(2006, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kang Health (2016, United States)
$132M - Series E - Jan 2021
Kang Health (2016, United States)
$48.0M - Series C - Mar 2020
Kang Health (2016, United States)
$42.0M - Series D - Nov 2020
Buoy Health (2014, United States)
$37.5M - Series C - Nov 2020
Healthily (2013, United Kingdom)
$30.0M - Series A - Oct 2020
AskTia (2014, United States)
$24.3M - Series A - May 2020
Ubie (2015, Japan)
$18.7M - Series B - Jun 2020
View all 13 Funding Rounds on Tracxn Platform

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Clinical Decision Support Tools for
Cancer Treatment
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$336M (▲6.9%)
7(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.5B
19
-
34
6
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Doximity)
(# Cos: 17445 | $32.6B)
Clinical Operations (NantHealth)
(# Cos: 2738 | $12.3B)
Decision Support (GE Healthcare)
(# Cos: 2550 | $12.2B)
Therapy Plan (Brainlab)
(# Cos: 715 | $4.0B)
Care Planning (Epocrates)
(# Cos: 365 | $2.8B)
Oncology (Syapse)
(# Cos: 34 | $1.5B)
Syapse
(2008, United States, $188M)
Tempus
(2015, United States, $1.1B)
Geneseeq
(2012, Canada, $128M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tempus (2015, United States)
$200M - Series G - Dec 2020
Tempus (2015, United States)
$100M - Series G - Mar 2020
Syapse (2008, United States)
$68.0M - Series E - Feb 2021
Syapse (2008, United States)
$30.0M - Series E - May 2020
Oncology Anal.. (2009, United States)
$28.0M - Series C - May 2020
ONCOHOST (2017, Israel)
$8.0M - Series B - Jan 2021
GenomOncology (2012, United States)
$3.2M - Series A - Apr 2020

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms > Diagnostics > Internet First
Clinical Labs > Biochemical Tests
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$330M (▲119%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$576M
35
1
84
6
Healthcare Booking Platforms (cure.fit)
(# Cos: 12190 | $23.3B)
Diagnostics (23andMe)
(# Cos: 421 | $3.0B)
Internet First Clinical Labs (MyHeritage)
(# Cos: 213 | $2.9B)
Biochemical Tests (Everly
Wellness)
(# Cos: 84 | $576M)
Everly Wellness
(2015, United States, $305M)
LetsGetChecked
(2014, Ireland, $120M)
Quest Diagnostics
(1967, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Everly Wellness (2015, United States)
$175M - Series D - Dec 2020
Everly Wellness (2015, United States)
$75.0M - Series D - Jan 2021
LetsGetChecked (2014, Ireland)
$71.1M - Series C - May 2020
Thriva (2015, United Kingdom)
$4.9M - Series A - May 2020
Base (2020, United States)
$3.4M - Seed - Feb 2021
Base (2020, United States)
$1.0M - Seed - Sep 2020

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Clinical Decision Support Tools for
Disease Diagnosis
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$318M (▲299%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$772M
25
3
80
4
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Doximity)
(# Cos: 17445 | $32.6B)
Clinical Operations (NantHealth)
(# Cos: 2738 | $12.3B)
Decision Support (GE Healthcare)
(# Cos: 2550 | $12.2B)
Diagnosis (PAIGE)
(# Cos: 1462 | $6.4B)
Differential Diagnosis (Zebra Medical
Vision)
(# Cos: 1241 | $6.1B)
Diagnostics (Siemens Healthineers)
(# Cos: 277 | $1.4B)
Devices and platform (Align
Technology)
(# Cos: 277 | $1.4B)
Generic (Quest Diagnostics)
(# Cos: 80 | $772M)
Quest Diagnostics
(1967, United States)
Siemens Healthineers
(2016, Germany)
LumiraDx
(1992, United States, $704M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LumiraDx (1992, United States)
$164M - Series D - Dec 2020
LumiraDx (1992, United States)
$150M - Series C - May 2020
Femdx Medsyste (2020)
$3.5M - Series A - Jan 2021
Diagnostix (2020, Netherlands)
$3.3M - Seed - Aug 2020
xbird (2015, Germany)
$1.2M - Series A - Aug 2020

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Mental
Disorders
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$313M (▲566%)
11(▼8.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$846M
67
-
122
14
Healthcare IT (Doximity)
(# Cos: 23747 | $58.6B)
Value Based Care (Grand Rounds)
(# Cos: 5117 | $21.6B)
Patient Engagement (Omada Health)
(# Cos: 1807 | $6.1B)
Digital Therapeutics (Livongo)
(# Cos: 460 | $2.8B)
Mental Health (Pear Therapeutics)
(# Cos: 122 | $846M)
Pear Therapeutics
(2013, United States, $246M)
Akili Interactive Labs
(2011, United States, $140M)
SilverCloud
(2011, United States, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pear Therapeu.. (2013, United States)
$112M - Series D - Dec 2020
Mindstrong (2013, United States)
$100M - Series C - May 2020
Koa Health (2016, Spain)
$35.1M - Series A - Oct 2020
Mindoula (2013, United States)
$27.2M - Series B - Aug 2020
SilverCloud (2011, United States)
$16.0M - Series B - Apr 2020
Owl Insights (2010, United States)
$15.5M - Seed - Sep 2020
Limbix (2016, United States)
$9.0M - Series A - May 2020
View all 11 Funding Rounds on Tracxn Platform

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Professional Network
> Clinical Resources
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$305M (▲71.8%)
1(▼83.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$545M
22
-
112
2
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Veeva Systems)
(# Cos: 17445 | $32.6B)
Professional Network (Doximity)
(# Cos: 594 | $1.9B)
Clinical Resources (AMBOSS)
(# Cos: 112 | $545M)
AMBOSS
(2012, United States, $32.8M)
iDoctus
(2011, United States)
Medbanks
(2015, China, $506M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medbanks (2015, China)
$305M - Series E - Dec 2020

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
DispatchHealth (2013, United States)
$136M - Series C - Jun 2020
Heal (2014, United States)
$100M - Series D - Jul 2020
Ready (2015, United States)
$54.0M - Series C - Sep 2020
Speedoc (2017, Singapore)
$5.0M - Series A - Dec 2020
13SICK (1978, Australia)
$4.3M - Series A - Oct 2020
GPDQ (2015, United Kingdom)
$2.5M - Series A - Apr 2020
Healthcare Booking Platforms > Doctors
> House Call
18
26
Back to index
Healthcare Booking Platforms (GoodRx)
(# Cos: 12190 | $23.3B)
Doctors (cure.fit)
(# Cos: 6123 | $9.7B)
House Call (Heal)
(# Cos: 102 | $588M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$302M (▲212%)
6(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$588M
33
-
102
7
Heal
(2014, United States, $172M)
DispatchHealth
(2013, United States, $217M)
Speedoc
(2017, Singapore, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Smart Exercising Equipment
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$294M (▲378%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.6B
37
3
110
7
Fitness & Wellness Tech (Gympass)
(# Cos: 11016 | $11.5B)
Physical Fitness (cure.fit)
(# Cos: 6975 | $9.2B)
Smart Exercising Equipment (Zwift)
(# Cos: 180 | $2.3B)
Smart Equipment and
Accessories (Peloton)
(# Cos: 110 | $1.6B)
Peloton
(2012, United States, $996M)
Wahoo Fitness
(2010, United States, $950K)
Wattbike
(2008, United Kingdom, $30.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tonal (2015, United States)
$120M - Series D - Sep 2020
Echelon (2017, United States)
$65.0M - Series A - Dec 2020
Tempo (2015, United States)
$60.0M - Series B - Jul 2020
Tempo (2015, United States)
$17.5M - Series A - Feb 2020
Wattbike (2008, United Kingdom)
$15.3M - Series B - Sep 2020
BlazePod (2015, United States)
$8.5M - Series A - Dec 2020
Ergatta (2017, United States)
$5.0M - Series A - Jul 2020
View all 8 Funding Rounds on Tracxn Platform

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Telepharmacy
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$274M (▲134%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$541M
29
2
462
7
Healthcare Booking Platforms (cure.fit)
(# Cos: 12190 | $23.3B)
Pharmacies (GoodRx)
(# Cos: 3853 | $5.1B)
Drugs (Hims)
(# Cos: 2507 | $4.5B)
Diversified (Medlife)
(# Cos: 2413 | $4.1B)
Telepharmacy (Nurx)
(# Cos: 462 | $541M)
Nurx
(2015, United States, $113M)
Icebreaker Health
(2014, United States, $58.2M)
Walgreens
(1901, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medly Pharmacy (2017, United States)
$100M - Series B - Jul 2020
TruePill (2014, United States)
$75.5M - Series C - Sep 2020
Icebreaker He.. (2014, United States)
$36.8M - Series B - Jul 2020
Aspen RxHealth (2018, United States)
$23.0M - Series B - Jan 2021
Nurx (2015, United States)
$22.5M - Series C - Aug 2020
Felix (2019, Canada)
$7.8M - Series A - Dec 2020
DiRx Health (2020, United States)
$5.0M - Seed - Sep 2020
View all 9 Funding Rounds on Tracxn Platform

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Internet First Direct to Consumer
Genetic Testing Labs
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$268M (▲251%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.1B
48
-
115
6
Healthcare Booking Platforms (cure.fit)
(# Cos: 12190 | $23.3B)
Diagnostics (Healthians)
(# Cos: 421 | $3.0B)
Internet First Clinical Labs (23andMe)
(# Cos: 213 | $2.9B)
Genetic Tests (MyHeritage)
(# Cos: 115 | $2.1B)
MyHeritage
(2003, Israel, $49.0M)
23andMe
(2006, United States, $943M)
Color
(2013, United States, $391M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Color (2013, United States)
$167M - Series D - Jan 2021
23andMe (2006, United States)
$82.5M - Series F - Dec 2020
CircleDNA (2014, China)
$15.0M - Series B - Sep 2020
Ixcela (2012, United States)
$3.8M - Series A - Oct 2020
GenXys (2014, Canada)
Undisclosed - Seed - May 2020

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Mental Health Teleconsultation
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$261M (▲165%)
31(▲210%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$597M
126
-
496
5
Healthcare Booking Platforms (GoodRx)
(# Cos: 12190 | $23.3B)
Doctors (cure.fit)
(# Cos: 6123 | $9.7B)
Telemedicine (HealthTap)
(# Cos: 3751 | $6.2B)
Teleconsultation (Babylon)
(# Cos: 3611 | $6.1B)
Mental Health (Dialogue)
(# Cos: 496 | $597M)
Dialogue
(2016, Canada, $88.2M)
Talkspace
(2011, United States, $110M)
Mindstrong
(2013, United States, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mindstrong (2013, United States)
$100M - Series C - May 2020
Cerebral (2018, United States)
$35.0M - Series A - Oct 2020
Dialogue (2016, Canada)
$32.2M - Series B - Jul 2020
Headway (2012, United States)
$26.0M - Series A - Nov 2020
Haoxinqing (2016, China)
$17.6M - Series A - May 2020
equip.health
$13.0M - Series A - Feb 2021
Ahead (2019, United States)
$9.0M - Series A - Jul 2020
View all 31 Funding Rounds on Tracxn Platform

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Sciences Tech > Research & Development >
Image Analysis > Digital Pathology
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$252M (▲429%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$515M
25
-
74
6
Life Sciences Tech (Medidata)
(# Cos: 3283 | $14.7B)
Research & Development (Illumina)
(# Cos: 2538 | $11.7B)
Image Analysis (MEDIAN Technologies)
(# Cos: 164 | $853M)
Digital Pathology (PAIGE)
(# Cos: 74 | $515M)
PAIGE
(2018, United States, $241M)
Visiopharm
(2001, Denmark, $26.3M)
Proscia
(2014, United States, $35.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PAIGE (2018, United States)
$100M - Series C - Jan 2021
PAIGE (2018, United States)
$71.0M - Series B - Jul 2020
Resolve Biosciences (2020, Germany)
$24.0M - Series A - Dec 2020
Proscia (2014, United States)
$23.0M - Series B - Nov 2020
Deepcell (2015, United States)
$20.0M - Series A - Dec 2020
Visiopharm (2001, Denmark)
$7.5M - Series B - Jul 2020
Deciphex (2017, Ireland)
$6.2M - Series A - Jul 2020

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Modern Health (2017, United States)
$74.0M - Series D - Feb 2021
Modern Health (2017, United States)
$74.0M - Series D - Feb 2021
Modern Health (2017, United States)
$51.0M - Series C - Dec 2020
Koa Health (2016, Spain)
$35.1M - Series A - Oct 2020
The Inner Hour (2016, India)
$5.2M - Series A - Feb 2021
Tava Health (2019, United States)
$3.0M - Seed - May 2020
Spill (2018, United Kingdom)
$2.7M - Seed - Jan 2021
View all 10 Funding Rounds on Tracxn Platform
Employee Health IT > Tech Enabled
Services > Mental Health
24
32
Back to index
Employee Health IT (Accolade)
(# Cos: 1884 | $8.3B)
Tech Enabled Services (Dialogue)
(# Cos: 1227 | $5.2B)
Mental Health (Modern Health)
(# Cos: 88 | $479M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$248M (▲679%)
10(▲400%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$479M
31
-
88
4
Modern Health
(2017, United States, $170M)
AbleTo
(2008, United States, $66.1M)
Modern Health
(2017, United States, $170M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Chronic
Conditions
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$232M (▲144%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.1B
50
4
110
7
Healthcare IT (Doximity)
(# Cos: 23747 | $58.6B)
Value Based Care (Grand Rounds)
(# Cos: 5117 | $21.6B)
Patient Engagement (Innovaccer)
(# Cos: 1807 | $6.1B)
Digital Therapeutics (Omada Health)
(# Cos: 460 | $2.8B)
Chronic (Livongo)
(# Cos: 110 | $1.1B)
Livongo
(2014, United States, $242M)
Omada Health
(2011, United States, $258M)
Virta
(2014, United States, $269M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virta (2014, United States)
$93.2M - Series C - Apr 2020
Virta (2014, United States)
$65.0M - Series D - Dec 2020
Omada Health (2011, United States)
$57.0M - Series D - May 2020
Lucine (2017, France)
$6.5M - Seed - Nov 2020
Ayogo Health (2011, Canada)
$5.4M - Series B - May 2020
Wellthy Therapeutics (2015, India)
$4.1M - Seed - Apr 2020
Sukino (2015, India)
$668K - Seed - Aug 2020

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
eCential Robotics (2019, France)
$120M - Series C - Jan 2021
Perspectum (2012, United Kingdom)
$36.0M - Series C - Apr 2020
Qure.ai (2016, India)
$25.0M - Series A - Feb 2020
AIdoc (2016, Israel)
$20.0M - Series B - Sep 2020
Shanghai Shenzhi Info.. (2019, China)
$15.5M - Series B - Jan 2021
DEEP INFORMATICS++ (2017, China)
$14.0M - Series B - Jun 2020
Visiopharm (2001, Denmark)
$7.5M - Series B - Jul 2020
View all 20 Funding Rounds on Tracxn Platform
Radiological Image Analysis Software
26
34
Back to index
Clinical Labs IT (PAIGE)
(# Cos: 1265 | $1.9B)
Radiology (Siemens Healthineers)
(# Cos: 695 | $1.2B)
Image Analysis (Zebra Medical Vision)
(# Cos: 448 | $849M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$225M (▲56.5%)
20(▼25.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$849M
178
9
448
18
Zebra Medical Vision
(2014, Israel, $50.0M)
Siemens Healthineers
(2016, Germany)
Qure.ai
(2016, India, $28.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Disease Self Management > Diabetes >
Monitoring > Glucose > App
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$217M (▲6658%)
10(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$956M
61
1
318
6
Disease Self Management (Calm)
(# Cos: 6669 | $11.4B)
Diabetes (Bigfoot Biomedical)
(# Cos: 467 | $2.2B)
Monitoring (One Drop)
(# Cos: 466 | $2.2B)
Glucose (Virta)
(# Cos: 457 | $2.2B)
App (Livongo)
(# Cos: 318 | $956M)
Livongo
(2014, United States, $242M)
Virta
(2014, United States, $269M)
mySugr
(2012, Austria, $5.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virta (2014, United States)
$93.2M - Series C - Apr 2020
Virta (2014, United States)
$65.0M - Series D - Dec 2020
Quin (2014, United Kingdom)
$30.2M - Series A - Jan 2021
January (2017, United States)
$19.5M - Series B - Jan 2021
Yes Health (2013, United States)
$6.0M - Series A - Apr 2020
Hedia (2015, Denmark)
$1.4M - Series A - Nov 2020
Quin (2014, United Kingdom)
$786K - Seed - Mar 2020
View all 10 Funding Rounds on Tracxn Platform

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Genomics based Drug Discovery
Software
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$216M (▲88%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$954M
19
1
34
6
Life Sciences Tech (Veeva Systems)
(# Cos: 3283 | $14.7B)
Research & Development (Medidata)
(# Cos: 2538 | $11.7B)
Drug Discovery (Atomwise)
(# Cos: 752 | $6.7B)
Genomics (Illumina)
(# Cos: 445 | $3.4B)
Drug Development (Insilico)
(# Cos: 34 | $954M)
Insilico
(2014, China, $49.8M)
Arrakis Therapeutics
(2015, United States, $113M)
Seres Therapeutics
(2010, United States, $134M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LinkDoc (2014, China)
$102M - Series D - Sep 2020
DNAnexus (2009, United States)
$100M - Series G - Jun 2020
Lifebit (2017, United Kingdom)
$7.5M - Series A - Apr 2020
Phenomic AI (2017, Canada)
$6.0M - Seed - Oct 2020

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Value Based Chronic Care Management
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$215M (▲86.6%)
17(▼22.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.6B
139
2
364
13
Healthcare IT (Doximity)
(# Cos: 23747 | $58.6B)
Value Based Care (Livongo)
(# Cos: 5117 | $21.6B)
Care Coordination (SonderMind)
(# Cos: 1356 | $3.4B)
Care Planning & Management
(MedBridge)
(# Cos: 940 | $2.5B)
Chronic care (Wellframe)
(# Cos: 364 | $1.6B)
Wellframe
(2011, United States, $45.1M)
Xealth
(2017, United States, $28.6M)
uMotif
(2012, United Kingdom, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medlinker (2014, China)
$76.0M - Series D - Nov 2020
Somatus (2015, United States)
$64.0M - Series C - Jun 2020
MD Revolution (2011, United States)
$12.3M - Series D - Jul 2020
Cohort (2016, United States)
$11.5M - Series B - Dec 2020
Medocity (2012, United States)
$10.8M - Series A - Dec 2020
uMotif (2012, United Kingdom)
$6.7M - Series A - Sep 2020
Xealth (2017, United States)
$6.0M - Series A - Aug 2020
View all 17 Funding Rounds on Tracxn Platform

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Cityblock (2017, United States)
$160M - Series C - Dec 2020
Carbon Health (2015, United States)
$100M - Series C - Nov 2020
Cityblock (2017, United States)
$53.5M - Series B - Jul 2020
Carbon Health (2015, United States)
$28.0M - Series B - May 2020
Cancer Clinics (2017, India)
$66.6K - Angel - May 2020
Tech First Medical Clinics
30
38
Back to index
Healthcare Booking Platforms (cure.fit)
(# Cos: 12190 | $23.3B)
Healthcare Facilities (Carbon Health)
(# Cos: 236 | $1.0B)
Tech Heavy Clinics (One Medical)
(# Cos: 36 | $952M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$214M (▲114%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$952M
17
2
36
4
One Medical
(2007, United States, $403M)
Carbon Health
(2015, United States, $165M)
Parsley Health
(2015, United States, $40.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
PAIGE (2018, United States)
$100M - Series C - Jan 2021
PAIGE (2018, United States)
$71.0M - Series B - Jul 2020
PWN Health (2015, United States)
$61.8M - Series A - Sep 2020
Proscia (2014, United States)
$23.0M - Series B - Nov 2020
Deciphex (2017, Ireland)
$6.2M - Series A - Jul 2020
Aignostics (2018, Germany)
$5.9M - Seed - Aug 2020
Ilara Health (2019, United Kingdom)
$3.8M - Series A - Dec 2020
View all 9 Funding Rounds on Tracxn Platform
Clinical Labs IT > Pathology > Post
Analytical
31
39
Back to index
Clinical Labs IT (Zebra Medical Vision)
(# Cos: 1265 | $1.9B)
Pathology (Ovation)
(# Cos: 525 | $693M)
Post Analytical (PAIGE)
(# Cos: 47 | $487M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$211M (▲177%)
9(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$487M
28
-
47
5
PAIGE
(2018, United States, $241M)
Proscia
(2014, United States, $35.0M)
SigTuple
(2015, India, $44.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms >
Concierge Healthcare Services
32
40
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Healthcare Booking Platforms (cure.fit)
(# Cos: 12190 | $23.3B)
Concierge Healthcare Services (Grand Rounds)
(# Cos: 72 | $402M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$187M (▲646%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$402M
30
-
72
1
Grand Rounds
(2011, United States, $281M)
Forward
(2016, United States, $29.5M)
Wellthy
(2014, United States, $19.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Grand Rounds (2011, United States)
$175M - Series D - Sep 2020
SteadyMD (2016, United States)
$6.0M - Series A - Apr 2020
Wellthy (2014, United States)
$5.6M - Series A - May 2020
VillagePlan (2009, United States)
Undisclosed - Seed - Sep 2020

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Calm (2012, United States)
$75.0M - Series C - Dec 2020
Headspace (2010, United States)
$47.7M - Series C - Jun 2020
Insight Network (2014, United States)
$27.4M - Series B - Mar 2020
Meditopia (2017, Turkey)
$15.0M - Series A - Jul 2020
Big Sky Health (2018, United States)
$8.0M - Series A - May 2020
Hapbee (2004)
$4.8M - Series A - Jun 2020
Expectful (2014, United States)
$4.2M - Seed - Feb 2021
View all 12 Funding Rounds on Tracxn Platform
Meditation Apps
33
41
Back to index
Fitness & Wellness Tech (Peloton)
(# Cos: 11016 | $11.5B)
Mind & Body Wellness (Headspace)
(# Cos: 1306 | $1.4B)
Mindfulness & Meditation (Calm)
(# Cos: 479 | $507M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$184M (▲102%)
12(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$507M
54
1
479
7
Calm
(2012, United States, $219M)
Headspace
(2010, United States, $178M)
Simple Habit
(2016, United States, $12.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Concierge Services Platforms
34
42
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$176M (▲18.7%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$698M
10
-
22
3
Healthcare IT (Doximity)
(# Cos: 23747 | $58.6B)
Value Based Care (Livongo)
(# Cos: 5117 | $21.6B)
Volume-to-Value Transition (Aledade)
(# Cos: 134 | $4.4B)
concierge (Grand Rounds)
(# Cos: 22 | $698M)
Grand Rounds
(2011, United States, $281M)
Iora Health
(2010, United States, $365M)
Docent Health
(2015, United States, $17.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Grand Rounds (2011, United States)
$175M - Series D - Sep 2020
Signallamp He.. (2015, United States)
$1.0M - Series A - Oct 2020

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
End-to-End Software for Managing Life
Sciences Research
35
43
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Life Sciences Tech (Illumina)
(# Cos: 3283 | $14.7B)
Diversified (McKesson)
(# Cos: 86 | $696M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$176M (▼41.4%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$696M
37
5
86
3
McKesson
(1833, United States)
IQVIA
(1982, United States)
Clarivate
(2016, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Jiaxing Taimei Medica.. (2016, China)
$176M - Series F - Sep 2020
Huiyin Data (2019, China)
Undisclosed - Seed - Sep 2020
Beijing Neuron Smart .. (2017, China)
Undisclosed - Seed - Sep 2020

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Honor (2014, United States)
$140M - Series D - Oct 2020
Papa (2015, United States)
$18.2M - Series B - Sep 2020
The Helper Bees (2015, United States)
$6.0M - Series A - Jul 2020
OnCall Health (2020, Panama)
$3.2M - Series A - Feb 2021
ianacare (2017, United States)
$3.0M - Seed - Mar 2020
CaringWire (2018, United States)
$665K - Seed - Nov 2020
WholeCare (2016, United States)
$275K - Seed - May 2020
View all 11 Funding Rounds on Tracxn Platform
Online Caregiver Booking Platform
36
44
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Healthcare Booking Platforms (cure.fit)
(# Cos: 12190 | $23.3B)
Home Healthcare (Honor)
(# Cos: 339 | $847M)
Caregivers (Care.com)
(# Cos: 180 | $541M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$172M (▲372%)
11(▲10%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$541M
70
1
180
11
Care.com
(2006, United States, $111M)
Honor
(2014, United States, $255M)
Papa
(2015, United States, $34.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Fitness Bands
37
45
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$167M (▲156%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$1.9B
86
3
561
5
Fitness & Wellness Tech (cure.fit)
(# Cos: 11016 | $11.5B)
Physical Fitness (Peloton)
(# Cos: 6975 | $9.2B)
Tracking and Monitoring (Garmin
International)
(# Cos: 1761 | $2.5B)
Activity Trackers (Withings)
(# Cos: 1496 | $2.4B)
Wearable Devices (Whoop)
(# Cos: 700 | $2.1B)
Wristwear (Fitbit)
(# Cos: 561 | $1.9B)
Fitbit
(2007, United States, $65.1M)
Whoop
(2011, United States, $206M)
Withings
(2008, France, $93.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$100M - Series E - Oct 2020
Withings (2008, France)
$60.0M - Series B - Jul 2020
Matrix Indust.. (2011, United States)
$6.6M - Series B - Jun 2020

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Hearing aids
38
46
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$163M (▲897%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$851M
50
4
158
4
Assistive Tech (HopSkipDrive)
(# Cos: 1780 | $3.9B)
Assistive Hardware (Invacare)
(# Cos: 949 | $1.9B)
Hearing (ReSound)
(# Cos: 200 | $854M)
Hearing aids (Eargo)
(# Cos: 158 | $851M)
Eargo
(2010, United States, $217M)
ReSound
(1869, Denmark)
Earlens Corporation
(2005, United States, $308M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Eargo (2010, United States)
$81.6M - Series E - Sep 2020
Whisper (2016, United States)
$35.0M - Series B - Oct 2020
Earlens Corpo.. (2005, United States)
$33.2M - Series E - Jan 2021
Earlens Corpo.. (2005, United States)
$12.2M - Series D - Apr 2020
Augmented Bionics (2018, Australia)
$650K - Seed - Sep 2020
Zhejiang Norcong Neur.. (2006, China)
Undisclosed - Series B - Sep 2020

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Sciences Tech > CRM
39
47
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Life Sciences Tech (Illumina)
(# Cos: 3283 | $14.7B)
CRM (Aktana)
(# Cos: 61 | $266M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$160M (▲431%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$266M
15
-
61
4
Aktana
(2008, United States, $90.7M)
Within3
(2006, United States, $103M)
SwaaS
(2008, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Within3 (2006, United States)
$100M - Series C - Sep 2020
Aktana (2008, United States)
$30.0M - Series D - Oct 2020
Market Access.. (2015, United States)
$30.0M - Series C - Dec 2020

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Data Management
40
48
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$155M (▼25.4%)
19(▲35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
60
$1.2B
164
5
758
15
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Doximity)
(# Cos: 17445 | $32.6B)
Administrative Solutions (Doctolib)
(# Cos: 6498 | $8.8B)
Data Management (Imprivata)
(# Cos: 1023 | $1.8B)
Clinical Data Management (Veeva
Systems)
(# Cos: 758 | $1.2B)
Veeva Systems
(2007, United States, $4.0M)
Terarecon
(1997, United States, $29.1M)
Ambra Health
(2006, United States, $47.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Senyi (2016, China)
$61.1M - Series D - Dec 2020
Abacus Insights (2017, United States)
$35.0M - Series B - Jun 2020
Diameter Health (2013, United States)
$18.0M - Series B - Sep 2020
ClinBrain (2013, China)
$14.6M - Series B - Sep 2020
Datos Health (2015, Israel)
$7.0M - Series A - Apr 2020
Rhino Health (2016, United States)
$5.0M - Seed - Feb 2021
uMed
$4.9M - Seed - Dec 2020
View all 19 Funding Rounds on Tracxn Platform

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Administrative Solutions >
Hospital Operations > Appointment Management >
Appointment Booking
41
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$150M (▼19.3%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$735M
43
-
255
5
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Doximity)
(# Cos: 17445 | $32.6B)
Administrative Solutions (Veeva Systems)
(# Cos: 6498 | $8.8B)
Hospital Operations (Qventus)
(# Cos: 1129 | $1.9B)
Appointment Management (Zocdoc)
(# Cos: 471 | $908M)
Appointment Booking (Doctolib)
(# Cos: 255 | $735M)
Doctolib
(2013, France, $266M)
Zocdoc
(2007, United States, $375M)
HotDoc
(2012, Australia, $5.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zocdoc (2007, United States)
$150M - Series E - Feb 2021
Plunes (2016, India)
$300K - Seed - Apr 2020
Prescribe (2019, India)
$136K - Seed - Sep 2020

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Administrative Workflow
42
50
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$147M (▲161%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$453M
60
4
180
4
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Doximity)
(# Cos: 17445 | $32.6B)
Administrative Solutions (Veeva Systems)
(# Cos: 6498 | $8.8B)
Hospital Operations (Doctolib)
(# Cos: 1129 | $1.9B)
Administrative Workflow (Qventus)
(# Cos: 180 | $453M)
Qventus
(2011, United States, $43.0M)
LeanTaaS
(2010, United States, $250M)
ExplORer Surgical
(2015, United States, $10.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LeanTaaS (2010, United States)
$130M - Series D - Dec 2020
Upfront Healt.. (2015, United States)
$11.5M - Series B - Nov 2020
Pair Team (2019, United States)
$2.7M - Seed - Dec 2020
Elemeno Health (2016, United States)
$1.1M - Seed - Apr 2020
RelayOne (2016, United States)
$1.0M - Seed - Mar 2020
Phelix (2019, Canada)
$1.0M - Seed - May 2020
Digitology Healthtech (2019, India)
$900K - Seed - Jan 2021
View all 8 Funding Rounds on Tracxn Platform

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Genomic Sequencing Data Analysis
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$126M (▼38.1%)
10(▼44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
40
$2.4B
150
9
369
14
Life Sciences Tech (Veeva Systems)
(# Cos: 3283 | $14.7B)
Research & Development (Medidata)
(# Cos: 2538 | $11.7B)
Drug Discovery (Atomwise)
(# Cos: 752 | $6.7B)
Genomics (Bionano Genomics)
(# Cos: 445 | $3.4B)
Sequencing Analysis (Illumina)
(# Cos: 369 | $2.4B)
Illumina
(1998, United States, $28.0M)
Bionano Genomics
(2003, United States, $123M)
Personalis
(2011, United States, $87.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MedGenome (2013, India)
$55.0M - Series D - Apr 2020
ChromaCode (2012, United States)
$38.6M - Series C - Dec 2020
ChromaCode (2012, United States)
$10.0M - Series C - May 2020
Eagle Genomics (2008, United Kingdom)
$9.0M - Series B - Oct 2020
Phosphorus (2016, United States)
$8.0M - Series B - Aug 2020
GenomOncology (2012, United States)
$3.2M - Series A - Apr 2020
Entropica Labs (2018, Singapore)
$1.8M - Seed - May 2020
View all 10 Funding Rounds on Tracxn Platform

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Personal Health Record Management
Apps
44
52
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Disease Self Management (Livongo)
(# Cos: 6669 | $11.4B)
Personal Health Records (Phable)
(# Cos: 789 | $888M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$113M (▲252%)
14(▼6.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$888M
124
1
789
10
Phable
(2017, India, $13.8M)
Picnic
(2014, United States, $37.1M)
MedCords
(2017, India, $2.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Q Bio (2015, United States)
$40.0M - Series B - Feb 2020
Picnic (2014, United States)
$25.0M - Series B - Sep 2020
Abridge Inc (1999, United States)
$15.0M - Series A - Oct 2020
Particle Health (2018, United States)
$12.0M - Series A - May 2020
Phable (2017, India)
$12.0M - Series A - Jan 2021
Abartys Health (2015, Puerto Rico)
$2.9M - Seed - Aug 2020
ViBe (2015, Brazil)
$2.5M - Seed - Mar 2020
View all 14 Funding Rounds on Tracxn Platform

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Sciences Tech > Research & Development > Clinical Trials
> Study Implementation > RTSM > Randomization
45
53
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$112M (▼25.3%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$396M
2
-
10
2
Life Sciences Tech (Medidata)
(# Cos: 3283 | $14.7B)
Research & Development (Illumina)
(# Cos: 2538 | $11.7B)
Clinical Trials (TriNetX)
(# Cos: 853 | $2.2B)
Study Implementation (Medable)
(# Cos: 467 | $1.3B)
RTSM (4G Clinical)
(# Cos: 21 | $426M)
Randomization (Pear Therapeutics)
(# Cos: 10 | $396M)
Pear Therapeutics
(2013, United States, $246M)
Concerto HealthAI
(2017, United States, $150M)
TATSoftApps
(2018, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pear Therapeu.. (2013, United States)
$112M - Series D - Dec 2020

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Lark Technolo.. (2011, United States)
$55.0M - Series C - Oct 2020
Vida (2014, United States)
$25.0M - Series C - May 2020
Sparta Science (2008, United States)
$17.1M - Series B - Mar 2020
Tictrac (2010, United Kingdom)
$7.5M - Series A - Jun 2020
Pipo Saúde (2019, Brazil)
$4.6M - Seed - Jun 2020
Eave (2015, United Kingdom)
$2.6M - Seed - Oct 2020
ViBe (2015, Brazil)
$2.5M - Seed - Mar 2020
View all 11 Funding Rounds on Tracxn Platform
Employee Health IT > Tech Enabled Services >
Physical Fitness
46
54
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Employee Health IT (Accolade)
(# Cos: 1884 | $8.3B)
Tech Enabled Services (Dialogue)
(# Cos: 1227 | $5.2B)
Physical Fitness (Lark Technologies)
(# Cos: 303 | $413M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$111M (▲151%)
11(▲57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$413M
99
1
303
6
Lark Technologies
(2011, United States, $62.2M)
Rally Health
(2010, United States, $35.0M)
Vida
(2014, United States, $78.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Strava (2009, United States)
$110M - Series F - Nov 2020
Fella (2020, United Kingdom)
$150K - Seed - Oct 2020
Fitness & Wellness Tech > Physical Fitness >
Social Platforms
47
55
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Fitness & Wellness Tech (cure.fit)
(# Cos: 11016 | $11.5B)
Physical Fitness (Peloton)
(# Cos: 6975 | $9.2B)
Social Platforms (Strava)
(# Cos: 360 | $200M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲ >10K%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$200M
50
-
360
2
Strava
(2009, United States, $145M)
Thunderpod
(2017, India, $262K)
GirlCrew
(2014, Ireland, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Disease Self Management > Geriatrics >
PERS > App
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲98.2%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$246M
16
-
100
1
Disease Self Management (Livongo)
(# Cos: 6669 | $11.4B)
Geriatrics (Intuition Robotics)
(# Cos: 554 | $816M)
PERS (GreatCall)
(# Cos: 332 | $615M)
App (RapidSOS)
(# Cos: 100 | $246M)
RapidSOS
(2012, United States, $235M)
SayVU
(2014, Israel, $2.0M)
EMBER Medical
(2018, United States, $250K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
RapidSOS (2012, United States)
$85.0M - Series C - Dec 2020
RapidSOS (2012, United States)
$21.0M - Series C - Jun 2020
RapidSOS (2012, United States)
$3.5M - Series B - Apr 2020

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Clinical Operations > Decision Support >
Diagnosis > Differential Diagnosis > Diagnostics > Devices and platform >
Ultrasound
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$109M (▲205%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$158M
6
-
16
2
Healthcare IT (Livongo)
(# Cos: 23747 | $58.6B)
Provider (Doximity)
(# Cos: 17445 | $32.6B)
Clinical Operations (NantHealth)
(# Cos: 2738 | $12.3B)
Decision Support (GE Healthcare)
(# Cos: 2550 | $12.2B)
Diagnosis (Siemens Healthineers)
(# Cos: 1462 | $6.4B)
Differential Diagnosis (Zebra Medical
Vision)
(# Cos: 1241 | $6.1B)
Diagnostics (Quest Diagnostics)
(# Cos: 277 | $1.4B)
Devices and platform (Align
Technology)
(# Cos: 277 | $1.4B)
Ultrasound (Clarius)
(# Cos: 16 | $158M)
Clarius
(2014, Canada, $6.3M)
Exo
(2015, United States, $126M)
MuscleSound
(2011, United States, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Exo (2015, United States)
$51.0M - Series C - Nov 2020
Exo (2015, United States)
$40.0M - Series B - Aug 2020
Shanghai Shenzhi Info.. (2019, China)
$15.5M - Series B - Jan 2021
YorUltrasound (2020, United States)
$2.5M - Seed - Feb 2021

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Disease Self Management > Body Health Parameters >
Monitoring > Body Chemistry > Device
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$103M (▲2060%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$310M
17
1
27
4
Disease Self Management (Livongo)
(# Cos: 6669 | $11.4B)
Body Health Parameters (Sotera Wireless)
(# Cos: 441 | $1.1B)
Monitoring (Withings)
(# Cos: 441 | $1.1B)
Body Chemistry (Sano Intelligence)
(# Cos: 27 | $310M)
Device (Cue Health)
(# Cos: 27 | $310M)
Cue Health
(2010, United States, $171M)
Sano Intelligence
(2011, United States, $24.1M)
Profusa
(2009, United States, $62.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cue Health (2010, United States)
$103M - Series C - Jun 2020

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HealthTech - Top Business Models Report
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