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1. TRACXN TOP BUSINESS MODELS REPORT
February 10, 2022
HEALTHTECH

2. HealthTech - Top Business Models Report Copyright © 2022, Tracxn Technologies 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 © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Funding in last 1 year
3
Healthcare IT $17.6B
Healthcare Booking Platforms $9.9B
Life Sciences Tech $8.9B
Employee Health IT $6.8B
Fitness & Wellness Tech $4.3B
Disease Self Management $4.2B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
AngelList
Techstars
60
13
13
Early
Stage
General Catalyst Partners
F-Prime Capital
Lux Capital
24
14
12
Late
Stage
Tiger Global Management
SoftBank Vision Fund
General Catalyst Partners
24
15
14
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (69%)
China (7%)
India (5%)
United Kingdom (3%)
Canada (2%)
France (2%)
Germany (2%)
Others (9%)
$ Funding # Rounds
Devoted Health
(2017, United States)
$1.1B - Series D
Noom
(2008, United States)
$540M - Series F
Eikon
(2019, United States)
$518M - Series B
Medlinker
(2014, China)
$514M - Series E
Ro
(2017, United States)
$500M - Series D
Olive
(2012, United States)
$400M - Series H
Hinge Health
(2015, United States)
$400M - Series E
XtalPi
(2014, United States)
$400M - Series D
Cityblock
(2017, United States)
$400M - Series D
Insitro
(2018, United States)
$400M - Series C
Carbon Health
(2015, United States)
$350M - Series D
dutchie
(2017, United States)
$350M - Series D

4. Copyright © 2022, Tracxn Technologies 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▲1 Cheminformatics Software $2.1B 29 XtalPi | $400M | Series D Link
2▲5 Online Marketplace for Drugs $1.9B 37 PharmEasy | $300M | Series D Link
3▼2 Web Based Platform for Doctor Consultation $1.4B 51 KRY | $317M | Series D Link
4▲34
Employee Behavioural Health Management
Solutions
$1.3B 26 Noom | $540M | Series F Link
5▲25 Value Based Chronic Care Management $977M 16 Medlinker | $514M | Series E Link
6▼1 Employee Mental Health Mangement Solutions $937M 20 Lyra Health | $235M | Series F Link
7▲24 Tech First Medical Clinics $857M 8 Cityblock | $400M | Series D Link
8▲67 Proteomics Drug Discovery Software $822M 12 Eikon | $518M | Series B Link
9▲19 Employee Healthcare Benefits Administration $819M 29 CollectiveHea.. | $280M | Series F Link
10▲33 Genomics Sequencing Analysis Software $744M 16 Element Biosc.. | $276M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies 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▲12 Mental Health Teleconsultation $731M 26 Cerebral | $300M | Series C Link
12▲13 Radiological Image Analysis Softwares $646M 49 SWORD Health | $213M | Series D Link
13▲16 Smart home Gym Equipment $601M 7 Tonal | $250M | Series E Link
14▲175 Nutrition Planning Apps $585M 8 Noom | $540M | Series F Link
15▲22 Online Caregiver Booking Platforms $558M 19 Papa | $150M | Series D Link
16▼10 White label Telehealth Platform $537M 33 LetsGetChecked | $150M | Series D Link
17▲16 Online Pharmacy for Mens Health $500M 4 Ro | $500M | Series D Link
18▲2 Expert Led Personalized Fitness Coaching Apps $497M 4 Hinge Health | $400M | Series E Link
19▼4 Digital Therapeutics for Physiotherapy $490M 15 Hinge Health | $400M | Series E Link
20▲41 Online Doctor Appointment Booking Platform $475M 24 Twin | $155M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies 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▲47 Stress and Anxiety Management Apps $466M 6 Cerebral | $300M | Series C Link
22▲44 Clinical Trial Patient Recruitment Platforms $442M 9 Reify Health | $220M | Series C Link
23▼14
Healthcare IT > Provider > Administrative Solutions >
Suite
$437M 10 Olive | $400M | Series H Link
24▼20 Healthcare Booking Platforms $425M 24 Transcarent | $200M | Series C Link
25▲28 Decentralized Clinical Trial Management $418M 4 Medable | $304M | Series D Link
26▼2 Digital Therapeutics for Mental Disorders $413M 16 Pear Therapeu.. | $132M | Series D Link
27▼5 Genomics Drug Discovery Software $404M 7 Insilico | $255M | Series C Link
28▲69 Life Science R&D Workflow Management Software $380M 9 Benchling | $200M | Series E Link
29▲30 Body Chemistry Monitoring Devices $370M 3 Cue Health | $235M | Series D Link
30▲77
Healthcare IT > Horizontal > Collaboration Platforms
> Interoperability > Suite
$360M 3 TigerConnect | $300M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies 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▲106 Life Science Molecular Modeling Software $351M 8 Cellarity | $123M | Series B Link
32▲68
Healthcare IT > Provider > Administrative Solutions >
Business and Market Intelligence > Mark..
$350M 5 Evidation | $153M | Series E Link
33▼7 Blood Glucose Monitoring Apps $342M 6 Twin | $155M | Series C Link
34▲46
Healthcare IT > Value Based Care > Patient
Engagement > Suite Solutions
$335M 22 Cadence | $103M | Series B Link
35▲68
Healthcare IT > Provider > Telemedicine Solutions >
Tele-Consultation > Providers > Behaviora..
$319M 4 SonderMind | $242M | Series C Link
36▲140 Online Gym Membership Pass $316M 3 Gympass | $220M | Series E Link
37▲157
Healthcare IT > Provider > Administrative Solutions >
Hospital Operations > Appointment Manag..
$313M 6 Zocdoc | $150M | Series E Link
38▼24 Remote Patient Monitoring $312M 35 Linus Health | $55.0M | Series B Link
39▼20 Clinical Decision Support Tools for Disease Diagnosis $301M 9 Iterative Sco.. | $150M | Series B Link
40▲66 Health Insurance Marketplace For Employers $292M 7 Betterfly | $125M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies 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--
Self-Funded Health Insurance Administration for
Employers
$284M 2 CollectiveHea.. | $280M | Series F Link
42▲6 Healthcare Data Management $281M 26 Truveta | $95.0M | Series A Link
43▲110 Healthcare Data Analysis for Drug Discovery $280M 7 Verana Health | $150M | Series E Link
44-- Hospital Management Solutions $255M 12 Innovaccer | $150M | Series E Link
45▲86 Stress Management Apps $251M 16 Happify | $73.0M | Series D Link
46-- Computerized Physician Order Entry Solutions $250M 7 Alto | $200M | Series E Link
47▲83 Life Science Coworking Labs $250M 1 SmartLabs | $250M | Series B Link
48▼3 Fitness Wristwear $246M 8 Whoop | $200M | Series F Link
49▲29 EHR Facilitator Softwares $246M 10 Notable | $100M | Series B Link
50▲45 Disease Risk Assessment Solutions $242M 14 Lark Technolo.. | $100M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Cheminformatics Software
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.1B(▲50.5%)
29(▲7.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$4.8B
149
7
299
26
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Discovery (Human Longevity)
(# Cos: 1181 | $11.8B)
Cheminformatics (Exscientia)
(# Cos: 299 | $4.8B)
Exscientia
(2012, United Kingdom, $429M)
Schrodinger
(1990, United States, $162M)
ATAI
(2018, Germany, $387M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
XtalPi (2014, United States)
$400M - Series D - Aug 2021
Insitro (2018, United States)
$400M - Series C - Mar 2021
Exscientia (2012, United Kingdom)
$225M - Series D - Apr 2021
InterVenn (2017, United States)
$201M - Series C - Aug 2021
Owkin (2016, France)
$180M - Series B - Nov 2021
ATAI (2018, Germany)
$157M - Series D - Mar 2021
ValoHealth (2019, United States)
$110M - Series B - Mar 2021
View all 29 Funding Rounds on Tracxn Platform

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Marketplace for Drugs
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.9B(▲234%)
37(▼17.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
59
$6.6B
247
10
3264
27
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Pharmacies (GoodRx)
(# Cos: 5798 | $9.3B)
Drugs (Hims)
(# Cos: 3460 | $8.0B)
Diversified (PharmEasy)
(# Cos: 3264 | $6.6B)
PharmEasy
(2015, India, $1.1B)
Alto
(2015, United States, $552M)
Medlife
(2014, India, $90.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PharmEasy (2015, India)
$300M - Series D - Jun 2021
Capsule (2016, United States)
$300M - Series D - Apr 2021
PharmEasy (2015, India)
$227M - Series E - Oct 2021
Jingle fast medicine (2014, China)
$220M - Series C - Jun 2021
Alto (2015, United States)
$200M - Series E - Jan 2022
PharmEasy (2015, India)
$163M - Series D - Apr 2021
Shanghai Pharmaceutical (2015, China)
$160M - Series B - Feb 2021
View all 37 Funding Rounds on Tracxn Platform

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Web Based Platform for Doctor
Consultation
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.4B(▼36.7%)
51(▼22.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
45
$7.1B
416
7
3394
33
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Doctors (Zocdoc)
(# Cos: 8651 | $14.1B)
Telemedicine (Talkspace)
(# Cos: 5509 | $10.2B)
Teleconsultation (Amwell)
(# Cos: 5338 | $10.1B)
Diversified (Babylon)
(# Cos: 3394 | $7.1B)
Babylon
(2013, United Kingdom, $735M)
Amwell
(2006, United States, $246M)
Plushcare
(2014, United States, $31.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
KRY (2014, Sweden)
$317M - Series D - Apr 2021
Miaoshou Doctor (2015, China)
$231M - Series F - Aug 2021
Miaoshou (2015, China)
$231M - Series F - Aug 2021
Doctor Anywhere (2015, Singapore)
$104M - Series C - Aug 2021
Calibrate (2019, United States)
$100M - Series B - Aug 2021
Halodoc (2016, Indonesia)
$80.0M - Series C - Apr 2021
Pager (2014, United States)
$70.0M - Series C - Sep 2021
View all 51 Funding Rounds on Tracxn Platform

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Noom (2008, United States)
$540M - Series F - May 2021
Workrise (2015, United States)
$300M - Series E - May 2021
Ginger (2011, United States)
$100M - Series E - Mar 2021
Lark Technolo.. (2011, United States)
$100M - Series D - Sep 2021
Thrive Global (2016, United States)
$80.0M - Series C - Jul 2021
Happify (2011, United States)
$73.0M - Series D - Mar 2021
Welltok (2009, United States)
$17.4M - Series E - Apr 2021
View all 26 Funding Rounds on Tracxn Platform
Employee Behavioural Health
Management Solutions
04
12
Back to index
Employee Health IT (Accolade)
(# Cos: 3168 | $18.9B)
Tech Enabled Services (Hinge Health)
(# Cos: 1976 | $12.5B)
Behavioral Health (Noom)
(# Cos: 412 | $3.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B(▲604%)
26(▲23.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
27
$3.2B
134
5
412
23
Noom
(2008, United States, $624M)
Magellan Health
(1969, United States, $101M)
Thrive Global
(2016, United States, $130M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Value Based Chronic Care Management
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$977M(▲352%)
16(▼5.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$2.5B
145
3
369
14
Healthcare IT (Hinge Health)
(# Cos: 31608 | $79.5B)
Value Based Care (Cerner)
(# Cos: 6478 | $25.3B)
Care Coordination (Birdie)
(# Cos: 1636 | $4.8B)
Care Planning & Management (Quartet
Health)
(# Cos: 1182 | $4.0B)
Chronic care (Wellframe)
(# Cos: 369 | $2.5B)
Wellframe
(2011, United States, $45.1M)
Xealth
(2017, United States, $53.6M)
CareDox
(2010, United States, $61.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medlinker (2014, China)
$514M - Series E - Dec 2021
AllyAlign (2013, United States)
$300M - Series B - Jun 2021
Somatus (2015, United States)
$60.1M - Series C - Jun 2021
Xealth (2017, United States)
$25.0M - Series B - Sep 2021
Tula Health (2018, United States)
$24.0M - Series A - Jun 2021
Tula Health (2018, United States)
$15.8M - Series A - Nov 2021
Memora Health (2015, United States)
$10.5M - Series A - May 2021
View all 16 Funding Rounds on Tracxn Platform

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Lyra Health (2015, United States)
$235M - Series F - Jan 2022
Lyra Health (2015, United States)
$200M - Series E - May 2021
Spring (2016, United States)
$190M - Series C - Sep 2021
Modern Health (2017, United States)
$74.0M - Series D - Feb 2021
Modern Health (2017, United States)
$74.0M - Series D - Feb 2021
aptihealth (2017, United States)
$50.0M - Series B - Nov 2021
Unmind (2016, United Kingdom)
$47.0M - Series B - May 2021
View all 20 Funding Rounds on Tracxn Platform
Employee Mental Health Mangement
Solutions
06
14
Back to index
Employee Health IT (Accolade)
(# Cos: 3168 | $18.9B)
Tech Enabled Services (Hinge Health)
(# Cos: 1976 | $12.5B)
Mental Health (Modern Health)
(# Cos: 230 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$937M(▲29.9%)
20(▲11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.1B
69
-
230
11
Modern Health
(2017, United States, $172M)
Calm
(2012, United States, $219M)
Lyra Health
(2015, United States, $915M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Cityblock (2017, United States)
$400M - Series D - Sep 2021
Carbon Health (2015, United States)
$350M - Series D - Jul 2021
Forward (2016, United States)
$225M - Series D - Mar 2021
Cityblock (2017, United States)
$192M - Series C - Mar 2021
AskTia (2014, United States)
$100M - Series B - Sep 2021
Sprinter Health (2021, United States)
$33.0M - Series A - Oct 2021
Sprinter Health (2021, United States)
$4.6M - Seed - Mar 2021
View all 8 Funding Rounds on Tracxn Platform
Tech First Medical Clinics
07
15
Back to index
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Healthcare Facilities (Carbon Health)
(# Cos: 315 | $2.6B)
Tech Heavy Clinics (Forward)
(# Cos: 48 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$857M(▲297%)
8(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.3B
21
2
48
7
Forward
(2016, United States, $255M)
Carbon Health
(2015, United States, $515M)
Cityblock
(2017, United States, $891M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Proteomics Drug Discovery Software
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$822M(▲887%)
12(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$1.7B
51
1
119
10
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Discovery (Human Longevity)
(# Cos: 1181 | $11.8B)
Proteomics (Cyrus Biotechnology)
(# Cos: 119 | $1.7B)
Cyrus Biotechnology
(2014, United States, $29.3M)
ProteinSimple
(2004, United States, $94.3M)
Vividion Therapeutics
(2016, United States, $271M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Eikon (2019, United States)
$518M - Series B - Jan 2022
Eikon (2019, United States)
$148M - Series A - May 2021
Vividion Ther.. (2016, United States)
$135M - Series C - Feb 2021
Interline The.. (2020, United States)
$92.0M - Series C - May 2021
Frontier Medi.. (2018, United States)
$88.5M - Series B - Jul 2021
Avilar (2020, United States)
$60.0M - Seed - Nov 2021
Cyrus Biotech.. (2014, United States)
$18.4M - Series B - Dec 2021
View all 12 Funding Rounds on Tracxn Platform

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
CollectiveHea.. (2013, United States)
$280M - Series F - May 2021
Innovaccer (2014, United States)
$150M - Series E - Dec 2021
Innovaccer (2014, United States)
$105M - Series D - Feb 2021
League (2014, Canada)
$95.0M - Series C - Feb 2022
League (2014, Canada)
$70.0M - Series C - Dec 2021
Betterfly (2018, Chile)
$60.0M - Series B - Jun 2021
Eden Health (2016, United States)
$60.0M - Series C - Feb 2021
View all 29 Funding Rounds on Tracxn Platform
Employee Healthcare Benefits
Administration
09
17
Back to index
Employee Health IT (Hinge Health)
(# Cos: 3168 | $18.9B)
Healthcare Benefits Administration (Cerner)
(# Cos: 661 | $6.0B)
Benefits Management (Accolade)
(# Cos: 464 | $3.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$819M(▲271%)
29(▲11.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
58
$3.6B
180
8
464
36
Accolade
(2007, United States, $213M)
Cerner
(1979, United States)
Innovaccer
(2014, United States, $378M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Genomics Sequencing Analysis Software
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$744M(▲342%)
16(▼15.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
52
$3.1B
197
9
521
20
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Discovery (Exscientia)
(# Cos: 1181 | $11.8B)
Genomics (Qiagen)
(# Cos: 724 | $4.9B)
Sequencing Analysis (Human Longevity)
(# Cos: 521 | $3.1B)
Human Longevity
(2013, United States, $330M)
Qiagen
(1984, Germany)
Personalis
(2011, United States, $87.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Element Biosc.. (2017, United States)
$276M - Series C - Jun 2021
Deep Genomics (2015, Canada)
$180M - Series C - Jul 2021
Hexagon Bio (2017, United States)
$61.0M - Series B - Sep 2021
Immunitas The.. (2019, United States)
$58.0M - Series B - Aug 2021
CAMP4 (2018, United States)
$45.0M - Series B - Mar 2021
Genomics (2014, United Kingdom)
$30.0M - Series B - Mar 2021
54gene (2019, Nigeria)
$25.0M - Series B - Sep 2021
View all 16 Funding Rounds on Tracxn Platform

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Mental Health Teleconsultation
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$731M(▲165%)
26(▼29.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$1.4B
166
3
865
15
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Doctors (Zocdoc)
(# Cos: 8651 | $14.1B)
Telemedicine (Amwell)
(# Cos: 5509 | $10.2B)
Teleconsultation (Babylon)
(# Cos: 5338 | $10.1B)
Mental Health (Talkspace)
(# Cos: 865 | $1.4B)
Talkspace
(2011, United States, $109M)
Dialogue
(2016, Canada, $88.2M)
Mindstrong
(2013, United States, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cerebral (2020, United States)
$300M - Series C - Dec 2021
Cerebral (2020, United States)
$127M - Series B - Jun 2021
Headway (2012, United States)
$70.0M - Series B - May 2021
NOCD (2014, United States)
$33.0M - Series B - Sep 2021
Jiandanxinli (2014, China)
$31.5M - Series B - Dec 2021
Yidianling (2015, China)
$31.3M - Series B - Dec 2021
Haoxinqing (2016, China)
$31.0M - Series C - Sep 2021
View all 26 Funding Rounds on Tracxn Platform

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
SWORD Health (2012, Portugal)
$213M - Series D - Nov 2021
EDDA Technology (2003, United States)
$150M - Series D - Apr 2021
Shukun Technology (2017, China)
$108M - Series D - Aug 2021
SWORD Health (2012, Portugal)
$85.0M - Series C - Jun 2021
AIdoc (2016, Israel)
$66.0M - Series C - Jul 2021
Lunit (2013, South Korea)
$61.0M - Series C - Nov 2021
ScreenPoint (2014, Netherlands)
$28.0M - Series C - Jul 2021
View all 49 Funding Rounds on Tracxn Platform
Radiological Image Analysis Softwares
12
20
Back to index
Clinical Labs IT (HeartFlow)
(# Cos: 1928 | $5.3B)
Radiology (Zebra Medical Vision)
(# Cos: 1092 | $4.1B)
Image Analysis (Siemens Healthineers)
(# Cos: 765 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$646M(▲165%)
49(▼2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
37
$3.7B
324
18
765
45
Siemens Healthineers
(2016, Germany)
Zebra Medical Vision
(2014, Israel, $50.0M)
HeartFlow
(2007, United States, $622M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Smart home Gym Equipment
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$601M(▲176%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$993M
15
-
29
4
Fitness & Wellness Tech (Hinge Health)
(# Cos: 16229 | $17.3B)
Physical Fitness (Fitbit)
(# Cos: 9992 | $13.3B)
Smart Exercising Equipment (Wahoo Fitness)
(# Cos: 188 | $3.3B)
Smart Equipment and Accessories
(Peloton)
(# Cos: 133 | $3.3B)
Home Gyms (Mirror)
(# Cos: 29 | $993M)
Mirror
(2010, United States, $72.0M)
Tempo
(2015, United States, $398M)
Tonal
(2015, United States, $450M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tonal (2015, United States)
$250M - Series E - Mar 2021
Tempo (2015, United States)
$220M - Series C - Apr 2021
Tempo (2015, United States)
$100M - Series C - Apr 2021
Ronfic (2016, South Korea)
$30.4M - Series A - Jan 2022
AroLeap (2020, India)
$666K - Seed - Oct 2021
AkroSports (2020, Switzerland)
$11.1K - Seed - May 2021
STUDIO (2017, United States)
Undisclosed - Seed - Sep 2021

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Nutrition Planning Apps
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$585M(▲3470%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$822M
48
2
504
6
Fitness & Wellness Tech (Fitbit)
(# Cos: 16229 | $17.3B)
Physical Fitness (Peloton)
(# Cos: 9992 | $13.3B)
Fitness and Diet Training Apps (Hinge Health)
(# Cos: 5911 | $4.4B)
Nutrition (FiNC)
(# Cos: 1155 | $1.3B)
Apps (Lose It!)
(# Cos: 931 | $1.0B)
Planning (Noom)
(# Cos: 504 | $822M)
Noom
(2008, United States, $624M)
Lose It!
(2008, United States, $7.0M)
Second Nature
(2015, United Kingdom, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Noom (2008, United States)
$540M - Series F - May 2021
Day Two (2015, United States)
$37.0M - Series C - May 2021
Vivosens (2017, United States)
$6.0M - Series A - Nov 2021
Project Well (2019, United States)
$2.0M - Seed - Feb 2021
Flourish (2018, United States)
$1.0M - Seed - Dec 2021
Fitia (2021, Peru)
$125K - Seed - Sep 2021
LemonBox (2017, China)
Undisclosed - Series A - Oct 2021
View all 8 Funding Rounds on Tracxn Platform

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Papa (2017, United States)
$150M - Series D - Nov 2021
Mable (2014, Australia)
$100M - Series C - Sep 2021
Honor (2014, United States)
$70.0M - Series E - Oct 2021
Papa (2017, United States)
$60.0M - Series C - Apr 2021
Patina (2020, United States)
$50.0M - Series A - Oct 2021
Homage (2016, Singapore)
$30.0M - Series C - Sep 2021
DUOS (2020, United States)
$21.2M - Series A - Feb 2022
View all 19 Funding Rounds on Tracxn Platform
Online Caregiver Booking Platforms
15
23
Back to index
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Home Healthcare (Portea)
(# Cos: 440 | $1.5B)
Caregivers (Honor)
(# Cos: 248 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$558M(▲208%)
19(▲11.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.2B
86
1
248
19
Honor
(2014, United States, $325M)
Care.com
(2006, United States, $111M)
CareLinx
(2011, United States, $6.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
White label Telehealth Platform
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$537M(▼10.2%)
33(▼15.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$2.3B
201
5
1127
22
Healthcare IT (Cerner)
(# Cos: 31610 | $79.5B)
Provider (Zocdoc)
(# Cos: 23649 | $46.0B)
Telemedicine Solutions (SonderMind)
(# Cos: 2489 | $4.4B)
Tele-health Platform (Amwell)
(# Cos: 1127 | $2.3B)
Amwell
(2006, United States, $246M)
Practo
(2008, India, $251M)
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.
LetsGetChecked (2014, Ireland)
$150M - Series D - Jun 2021
Truepill (2014, United States)
$142M - Series D - Oct 2021
ixLayer (2017, United States)
$75.0M - Series A - Mar 2021
Tata Digital Health (2017, India)
$67.1M - Series A - Jul 2021
aptihealth (2017, United States)
$50.0M - Series B - Nov 2021
eVisit (2013, United States)
$45.0M - Series B - Sep 2021
Jiandanxinli (2014, China)
$31.5M - Series B - Dec 2021
View all 33 Funding Rounds on Tracxn Platform

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Pharmacy for Mens Health
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$500M(▲150%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.2B
11
1
110
3
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Pharmacies (GoodRx)
(# Cos: 5798 | $9.3B)
Drugs (PharmEasy)
(# Cos: 3460 | $8.0B)
Mens Health (Hims)
(# Cos: 110 | $1.2B)
Hims
(2017, United States, $197M)
Ro
(2017, United States, $876M)
Mosaic Wellness
(2019, India, $41.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ro (2017, United States)
$500M - Series D - Mar 2021
Manual (2016, United Kingdom)
$30.0M - Series A - Mar 2021
Mosaic Wellness (2019, India)
$24.0M - Series A - Nov 2021
Mars by GHC (2020, India)
$5.2M - Seed - Jun 2021

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Expert Led Personalized Fitness Coaching
Apps
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$497M(▲53.1%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.0B
51
-
394
2
Fitness & Wellness Tech (Fitbit)
(# Cos: 16229 | $17.3B)
Physical Fitness (Peloton)
(# Cos: 9992 | $13.3B)
Fitness and Diet Training Apps (Noom)
(# Cos: 5911 | $4.4B)
Fitness (Aaptiv)
(# Cos: 3549 | $2.7B)
Personalized Coaching (Orig3n)
(# Cos: 427 | $1.1B)
Expert Led (Hinge Health)
(# Cos: 394 | $1.0B)
Hinge Health
(2015, United States, $845M)
Future
(2017, United States, $110M)
Pear Sports
(2011, United States, $9.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hinge Health (2015, United States)
$400M - Series E - Oct 2021
Future (2017, United States)
$75.0M - Series C - Feb 2022
FitTime (2013, China)
$15.4M - Series C - Aug 2021
Ladder (2015, United States)
$6.5M - Seed - Nov 2021

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Physiotherapy
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$490M(▲40.1%)
15(▲36.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.3B
114
4
240
11
Healthcare IT (Zocdoc)
(# Cos: 31611 | $79.5B)
Value Based Care (Cerner)
(# Cos: 6479 | $25.3B)
Patient Engagement (Pear Therapeutics)
(# Cos: 2290 | $7.9B)
Digital Therapeutics (Omada Health)
(# Cos: 594 | $4.1B)
Physiotheraphy (Hinge Health)
(# Cos: 240 | $1.3B)
Hinge Health
(2015, United States, $845M)
MindMaze
(2012, Switzerland, $119M)
Kaia Health
(2016, Germany, $125M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hinge Health (2015, United States)
$400M - Series E - Oct 2021
Kaia Health (2016, Germany)
$75.0M - Series C - Apr 2021
MedRhythms (2013, United States)
$25.0M - Series B - Jul 2021
Caspar (2016, Germany)
$10.6M - Series B - Jul 2021
Moving Analyt.. (2013, United States)
$6.0M - Series A - Apr 2021
Spry (2021, United States)
$3.0M - Seed - Dec 2021
GripAble (2016, United Kingdom)
$2.2M - Seed - Mar 2021
View all 15 Funding Rounds on Tracxn Platform

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Doctor Appointment Booking
Platform
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$475M(▲323%)
24(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$2.0B
187
2
1437
20
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Doctors (Babylon)
(# Cos: 8651 | $14.1B)
Appointment Booking (Solv)
(# Cos: 1706 | $2.1B)
Diversified (Zocdoc)
(# Cos: 1437 | $2.0B)
Zocdoc
(2007, United States, $375M)
Solv
(2016, United States, $95.0M)
DocPlanner
(2011, Poland, $141M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Twin (2018, United States)
$155M - Series C - Oct 2021
Zocdoc (2007, United States)
$150M - Series E - Feb 2021
Linc'well (2018, Japan)
$69.3M - Series C - Nov 2021
Solv (2016, United States)
$45.0M - Series C - Sep 2021
Avi Medical (2020, Germany)
$34.7M - Series A - Jun 2021
eka.care (2021, India)
$4.5M - Seed - Jul 2021
WebDoctor (2014, Ireland)
$3.5M - Series A - Sep 2021
View all 24 Funding Rounds on Tracxn Platform

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Stress and Anxiety Management Apps
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$466M(▲373%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$719M
40
-
306
4
Disease Self Management (Withings)
(# Cos: 10494 | $18.6B)
Neurological Disorders (Wysa)
(# Cos: 1954 | $3.0B)
Monitoring (BioSerenity)
(# Cos: 1017 | $1.3B)
Stress and Anxiety Management
(Cerebral)
(# Cos: 418 | $772M)
App (Headspace)
(# Cos: 306 | $719M)
Headspace
(2010, United States, $178M)
Cerebral
(2020, United States, $462M)
Simple Habit
(2016, United States, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cerebral (2020, United States)
$300M - Series C - Dec 2021
Cerebral (2020, United States)
$127M - Series B - Jun 2021
Meru Health (2016, United States)
$38.0M - Series B - Sep 2021
Earkick (2021, United States)
$1.0M - Seed - Nov 2021
Flowly (2019)
$125K - Seed - Sep 2021
Pillar (2020, United States)
$125K - Seed - Sep 2021

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Clinical Trial Patient Recruitment
Platforms
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$442M(▲328%)
9(▼18.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$978M
73
-
213
10
Life Sciences Tech (Illumina)
(# Cos: 4838 | $26.4B)
Research & Development (Medable)
(# Cos: 3903 | $22.1B)
Clinical Trials (Medidata)
(# Cos: 955 | $3.7B)
Scientific Sourcing (PatientsLikeMe)
(# Cos: 249 | $1.1B)
Patients (myTomorrows)
(# Cos: 213 | $978M)
myTomorrows
(2012, Netherlands, $22.3M)
PatientsLikeMe
(2004, United States, $151M)
TrialSpark
(2014, United States, $250M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Reify Health (2012, United States)
$220M - Series C - Aug 2021
TrialSpark (2014, United States)
$156M - Series C - Sep 2021
Antidote (2008, United Kingdom)
$23.2M - Series C - Jun 2021
TrialJectory (2017, United States)
$20.0M - Series A - Feb 2022
Mendel Health (2016, United States)
$18.0M - Series A - Jun 2021
BEKHealth (2016, United States)
$4.6M - Series A - Jun 2021
Infiuss (2018, United States)
$500K - Seed - Oct 2021
View all 9 Funding Rounds on Tracxn Platform

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider >
Administrative Solutions > Suite
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$437M(▼18%)
10(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
30
$2.2B
111
9
969
12
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Flatiron Health)
(# Cos: 23650 | $46.0B)
Administrative Solutions (Zocdoc)
(# Cos: 9705 | $13.2B)
Suite (PointClickCare)
(# Cos: 969 | $2.2B)
PointClickCare
(2000, Canada, $283M)
Olive
(2012, United States, $902M)
NextGen Healthcare Inf..
(1974, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Olive (2012, United States)
$400M - Series H - Jul 2021
Xisoft Technology (2018, China)
$15.6M - Series A - May 2021
THB (2015, India)
$7.9M - Series A - Mar 2021
WellBeam (2019, United States)
$7.7M - Series A - Oct 2021
Ringmaster Te.. (2018, United States)
$5.0M - Series A - Jul 2021
Zi.Care (2018, Indonesia)
$500K - Seed - Aug 2021
BeWell Digital (2020, India)
$125K - Seed - Mar 2021
View all 10 Funding Rounds on Tracxn Platform

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms
24
32
Back to index
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17704 | $35.5B)
Diversified (MediBuddy)
(# Cos: 954 | $3.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$425M(▼59%)
24(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$3.6B
129
5
954
23
MediBuddy
(2002, India, $85.7M)
1mg
(2015, India, $141M)
Practo
(2008, India, $251M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Transcarent (2018, United States)
$200M - Series C - Jan 2022
Tata Digital Health (2017, India)
$67.1M - Series A - Jul 2021
Mfine (2017, India)
$48.0M - Series C - Jul 2021
Sesame (2018, United States)
$24.0M - Series B - Apr 2021
CallHealth (2013, India)
$20.1M - Series C - Mar 2021
Jio Health (2011, Vietnam)
$18.0M - Series B - Jan 2022
Recuro Health (2021, United States)
$15.0M - Series A - Aug 2021
View all 24 Funding Rounds on Tracxn Platform

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Decentralized Clinical Trial Management
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$418M(▲215%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$560M
4
-
8
3
Life Sciences Tech (McKesson)
(# Cos: 4838 | $26.4B)
Research & Development (Illumina)
(# Cos: 3903 | $22.1B)
Clinical Trials (Medidata)
(# Cos: 955 | $3.7B)
Study Implementation (Unlearn)
(# Cos: 492 | $1.9B)
CTMS and EDC (Florence)
(# Cos: 455 | $1.4B)
CTMS (IXICO)
(# Cos: 278 | $1.0B)
Decentralized Clinical Trials
(Medable)
(# Cos: 8 | $560M)
Medable
(2012, United States, $521M)
Curebase
(2017, United States, $19.0M)
Hawthorne Effect
(2015, United States, $20.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medable (2012, United States)
$304M - Series D - Oct 2021
Medable (2012, United States)
$78.0M - Series C - Apr 2021
Hawthorne Eff.. (2015, United States)
$20.0M - Series A - Jun 2021
Curebase (2017, United States)
$16.4M - Series A - May 2021

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Mental
Disorders
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$413M(▲56.1%)
16(▼5.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.3B
73
-
148
17
Healthcare IT (Zocdoc)
(# Cos: 31612 | $79.5B)
Value Based Care (Cerner)
(# Cos: 6480 | $25.3B)
Patient Engagement (Omada Health)
(# Cos: 2291 | $7.9B)
Digital Therapeutics (Hinge Health)
(# Cos: 594 | $4.1B)
Mental Health (Pear Therapeutics)
(# Cos: 148 | $1.3B)
Pear Therapeutics
(2013, United States, $266M)
SilverCloud
(2011, United States, $30.0M)
Akili Interactive Labs
(2011, United States, $230M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pear Therapeu.. (2013, United States)
$132M - Series D - Mar 2021
Akili Interac.. (2011, United States)
$110M - Series D - May 2021
BigHealth (2010, United Kingdom)
$75.0M - Series C - Jan 2022
Ieso Digital.. (2011, United Kingdom)
$53.0M - Series C - Nov 2021
Click Therape.. (2012, United States)
$52.1M - Series B - Oct 2021
Meru Health (2016, United States)
$38.0M - Series B - Sep 2021
Blue Note The.. (2018, United States)
$26.3M - Series A - Feb 2021
View all 16 Funding Rounds on Tracxn Platform

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Genomics Drug Discovery Software
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$404M(▲45.4%)
7(▼12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.5B
42
2
103
9
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Discovery (Exscientia)
(# Cos: 1181 | $11.8B)
Genomics (Human Longevity)
(# Cos: 724 | $4.9B)
Drug Development (Insilico)
(# Cos: 103 | $1.5B)
Insilico
(2014, China, $310M)
DNAnexus
(2009, United States, $273M)
Arrakis Therapeutics
(2015, United States, $113M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Insilico (2014, China)
$255M - Series C - Jun 2021
Expansion The.. (2016, United States)
$80.0M - Series B - Sep 2021
Lifebit (2017, United Kingdom)
$60.0M - Series B - Sep 2021
Nostos Genomics (2018, Germany)
$5.6M - Seed - Feb 2022
PhenoTips (2012, Canada)
$2.0M - Seed - Sep 2021
Mass Dynamics (2015, Australia)
$1.5M - Seed - May 2021
LinkDoc (2014, China)
Undisclosed - Series D - Mar 2021

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Science R&D Workflow
Management Software
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$380M(▲575%)
9(▲125%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$556M
18
-
52
4
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Informatics (NantHealth)
(# Cos: 774 | $4.5B)
R&D Workflow Management
(Benchling)
(# Cos: 52 | $556M)
Benchling
(2012, United States, $412M)
Standigm
(2015, South Korea, $68.0M)
Curoverse
(2010, United States, $1.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Benchling (2012, United States)
$200M - Series E - Apr 2021
Benchling (2012, United States)
$100M - Series F - Nov 2021
Standigm (2015, South Korea)
$44.5M - Series C - Mar 2021
Code Ocean (2014, United States)
$15.0M - Series A - May 2021
Intelligencia (2018, United States)
$13.8M - Series A - Aug 2021
Standigm (2015, South Korea)
$10.0M - Series C - Jul 2021
Catalytic DS (2010, United States)
$5.8M - Series A - Jun 2021
View all 9 Funding Rounds on Tracxn Platform

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Body Chemistry Monitoring Devices
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$370M(▲224%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$752M
27
3
42
6
Disease Self Management (Dexcom)
(# Cos: 10494 | $18.6B)
Body Health Parameters (Azumio)
(# Cos: 791 | $2.0B)
Monitoring (Withings)
(# Cos: 791 | $2.0B)
Body Chemistry (Sano Intelligence)
(# Cos: 42 | $752M)
Device (Profusa)
(# Cos: 42 | $752M)
Profusa
(2009, United States, $62.2M)
Sano Intelligence
(2011, United States, $24.1M)
Athelas
(2016, United States, $136M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cue Health (2010, United States)
$235M - Series D - May 2021
Athelas (2016, United States)
$132M - Series A - Jan 2022
Bisu (2003, Japan)
$3.2M - Seed - Oct 2021

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Horizontal > Collaboration
Platforms > Interoperability > Suite
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$360M(▲697%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$593M
29
1
89
5
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Horizontal (Innovaccer)
(# Cos: 1337 | $8.0B)
Collaboration Platforms (PokitDok)
(# Cos: 670 | $2.3B)
Interoperability (Dedalus Group)
(# Cos: 343 | $1.5B)
Suite (TigerConnect)
(# Cos: 89 | $593M)
TigerConnect
(2010, United States, $426M)
Health Gorilla
(2011, United States, $27.3M)
VEDA
(2015, United States, $55.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TigerConnect (2010, United States)
$300M - Series E - Jan 2022
VEDA (2015, United States)
$45.0M - Series B - Jul 2021
Health Gorilla (2011, United States)
$15.0M - Series B - Mar 2021

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Science Molecular Modeling
Software
31
39
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$351M(▲974%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$467M
47
-
113
6
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Informatics (Benchling)
(# Cos: 774 | $4.5B)
Molecular Modeling (Asimov)
(# Cos: 113 | $467M)
Asimov
(2017, United States, $4.7M)
Redesign Science
(2015, United States, $17.0M)
Cellarity
(2015, United States, $173M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cellarity (2015, United States)
$123M - Series B - Feb 2021
Stonewise (2018, China)
$100M - Series B - Apr 2021
Entos (2019, United States)
$53.0M - Series A - Jul 2021
Enveda (2019, United States)
$51.0M - Series A - Jun 2021
Redesign Scie.. (2015, United States)
$15.0M - Seed - Dec 2021
Valence Discovery (2020, Canada)
$7.0M - Seed - Dec 2021
Beijing Chaowei Zhiya.. (2020, China)
$1.5M - Seed - Jul 2021
View all 8 Funding Rounds on Tracxn Platform

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Administrative Solutions >
Business and Market Intelligence > Market Intelligence
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$350M(▲563%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$549M
18
1
96
3
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Flatiron Health)
(# Cos: 23650 | $46.0B)
Administrative Solutions (Zocdoc)
(# Cos: 9705 | $13.2B)
Business and Market Intelligence (Komodo
Health)
(# Cos: 448 | $1.5B)
Market Intelligence (Evidation)
(# Cos: 96 | $549M)
Evidation
(2012, United States, $259M)
Axtria
(2010, United States, $209M)
Definitive Healthcare
(2008, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Evidation (2012, United States)
$153M - Series E - Mar 2021
Axtria (2010, United States)
$150M - Series D - May 2021
Prospection (2012, United States)
$45.0M - Series B - Sep 2021
Thrivable (2005, United States)
$1.7M - Seed - Jun 2021
Doceree (2018, United States)
Undisclosed - Seed - Jun 2021

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Blood Glucose Monitoring Apps
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$342M(▲44.6%)
6(▼53.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.1B
67
-
373
11
Disease Self Management (Withings)
(# Cos: 10494 | $18.6B)
Diabetes (Livongo)
(# Cos: 646 | $3.2B)
Monitoring (BeatO)
(# Cos: 643 | $3.2B)
Glucose (Dexcom)
(# Cos: 631 | $3.1B)
App (Virta)
(# Cos: 373 | $1.1B)
Virta
(2014, United States, $402M)
Twin
(2018, United States, $169M)
Glooko
(2010, United States, $115M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Twin (2018, United States)
$155M - Series C - Oct 2021
Virta (2014, United States)
$133M - Series E - Apr 2021
Glooko (2010, United States)
$30.0M - Series D - Mar 2021
Glytec Systems (2005, United States)
$12.0M - Series B - Apr 2021
January (2017, United States)
$8.8M - Series B - Feb 2021
Hedia (2015, Denmark)
$3.4M - Series A - Dec 2021

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Value Based Care > Patient
Engagement > Suite Solutions
34
42
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$335M(▲321%)
22(▲120%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$952M
96
2
402
11
Healthcare IT (Zocdoc)
(# Cos: 31612 | $79.5B)
Value Based Care (Cerner)
(# Cos: 6480 | $25.3B)
Patient Engagement (Hinge Health)
(# Cos: 2291 | $7.9B)
Suite Solutions (GetWellNetwork)
(# Cos: 402 | $952M)
GetWellNetwork
(1999, United States, $19.0M)
Axial Exchange
(2009, United States, $11.4M)
ConnectiveRx
(2015, United States, $300M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cadence (2021, United States)
$103M - Series B - Dec 2021
Health Recove.. (2012, United States)
$70.0M - Series C - Mar 2021
Tendo (2020, United States)
$50.0M - Series B - Jun 2021
Cadence (2021, United States)
$41.0M - Series A - Aug 2021
b.well (2015, United States)
$32.0M - Series B - Jul 2021
Lifelink Syst.. (2015, United States)
$9.8M - Series A - Mar 2021
BeMe (2021, United States)
$7.0M - Seed - Nov 2021
View all 22 Funding Rounds on Tracxn Platform

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Telemedicine Solutions >
Tele-Consultation > Providers > Behavioral Health
35
43
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$319M(▲539%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$465M
17
-
42
5
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Zocdoc)
(# Cos: 23650 | $46.0B)
Telemedicine Solutions (Amwell)
(# Cos: 2489 | $4.4B)
Tele-Consultation (Heartbeat)
(# Cos: 1360 | $2.1B)
Providers (Vidyo)
(# Cos: 1267 | $2.0B)
Behavioral Health (SonderMind)
(# Cos: 42 | $465M)
SonderMind
(2014, United States, $276M)
Brightline
(2019, United States, $97.0M)
MindCare Solutions
(2013, United States, $28.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SonderMind (2014, United States)
$242M - Series C - Jul 2021
Brightline (2019, United States)
$72.0M - Series B - Jun 2021
Calmerry (2020, United States)
$5.0M - Seed - Apr 2021
SonderMind (2014, United States)
$475K - Series B - May 2021

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Gym Membership Pass
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$316M(▲1490%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$1.5B
52
-
158
7
Fitness & Wellness Tech (Fitbit)
(# Cos: 16229 | $17.3B)
Physical Fitness (Peloton)
(# Cos: 9992 | $13.3B)
Fitness Centers (Smart Fit)
(# Cos: 480 | $2.1B)
Marketplaces (Urban Sports Club)
(# Cos: 351 | $1.9B)
Membership Pass (Gympass)
(# Cos: 158 | $1.5B)
Gympass
(2012, United States, $710M)
Urban Sports Club
(2012, Germany, $95.4M)
ClassPass
(2013, United States, $550M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gympass (2012, United States)
$220M - Series E - Jun 2021
Urban Sports Club (2012, Germany)
$95.4M - Series B - Jun 2021
FitReserve (2015, United States)
$739K - Seed - Oct 2021

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Administrative Solutions >
Hospital Operations > Appointment Management >
Appointment Booking
37
45
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$313M(▲1951%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$935M
79
1
462
6
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Flatiron Health)
(# Cos: 23650 | $46.0B)
Administrative Solutions (McKesson)
(# Cos: 9705 | $13.2B)
Hospital Operations (LeanTaaS)
(# Cos: 1462 | $2.4B)
Appointment Management (Doctolib)
(# Cos: 572 | $1.1B)
Appointment Booking (Zocdoc)
(# Cos: 462 | $935M)
Zocdoc
(2007, United States, $375M)
Doctolib
(2013, France, $266M)
Luma Health
(2012, United States, $160M)
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
Luma Health (2012, United States)
$130M - Series C - Nov 2021
NexHealth (2015, United States)
$31.0M - Series B - Jun 2021
Marham (2016, Pakistan)
$1.0M - Seed - Aug 2021
Orbital Health (2020, United States)
$600K - Seed - Aug 2021
RecallMax (2009, Canada)
Undisclosed - PE - Apr 2021

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Remote Patient Monitoring
38
46
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$312M(▼22.9%)
35( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$1.5B
211
8
816
24
Healthcare IT (Hinge Health)
(# Cos: 31612 | $79.5B)
Value Based Care (Cerner)
(# Cos: 6480 | $25.3B)
Remote Monitoring (Dental Monitoring)
(# Cos: 1947 | $5.4B)
Platforms (Biofourmis)
(# Cos: 816 | $1.5B)
Biofourmis
(2015, United States, $141M)
Preventice Solutions
(2004, United States, $137M)
SafelyYou
(2014, United States, $70.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Linus Health (2019, United States)
$55.0M - Series B - Jul 2021
LifeQ (2014, United States)
$47.0M - Series A - May 2021
Koneksa Health (2015, United States)
$45.0M - Series C - Feb 2022
SafelyYou (2014, United States)
$40.0M - Series B - Dec 2021
Clearsense (2015, United States)
$30.0M - Series C - Mar 2021
Glooko (2010, United States)
$30.0M - Series D - Mar 2021
SafelyYou (2014, United States)
$19.5M - Series A - Sep 2021
View all 35 Funding Rounds on Tracxn Platform

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Clinical Decision Support Tools for
Disease Diagnosis
39
47
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$301M(▼7.5%)
9(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.5B
40
2
115
8
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Zocdoc)
(# Cos: 23650 | $46.0B)
Clinical Operations (Personalis)
(# Cos: 4097 | $18.5B)
Decision Support (MMIT Network)
(# Cos: 3806 | $17.9B)
Diagnosis (Eko)
(# Cos: 2253 | $9.9B)
Differential Diagnosis (Zebra Medical
Vision)
(# Cos: 1917 | $9.5B)
Diagnostics (Truvian)
(# Cos: 399 | $2.4B)
Devices and platform (Align
Technology)
(# Cos: 399 | $2.4B)
Generic (Siemens
Healthineers)
(# Cos: 115 | $1.5B)
Siemens Healthineers
(2016, Germany)
Truvian
(2015, United States, $150M)
Iterative Scopes
(2017, United States, $194M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Iterative Sco.. (2017, United States)
$150M - Series B - Jan 2022
WuXi Diagnost.. (2018, United States)
$150M - Series B - Feb 2021
Truvian (2015, United States)
$105M - Series C - Feb 2021
Iterative Sco.. (2017, United States)
$30.0M - Series A - Aug 2021
ProciseDx (2018, United States)
$13.0M - Series B - Jul 2021
NuvoAir (2015, Sweden)
$12.0M - Series A - Jun 2021
NuvoAir (2015, Sweden)
$11.0M - Series A - Jan 2022
View all 9 Funding Rounds on Tracxn Platform

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Health Insurance Marketplace For
Employers
40
48
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$292M(▲536%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$683M
17
1
25
7
Employee Health IT (Cerner)
(# Cos: 3168 | $18.9B)
Healthcare Benefits Administration (Accolade)
(# Cos: 661 | $6.0B)
Benefits Marketplace (Amino)
(# Cos: 116 | $1.0B)
Health Insurance (CXA Group)
(# Cos: 25 | $683M)
CXA Group
(2013, Singapore, $58.0M)
Ottonova
(2015, Germany, $146M)
eHealth
(1997, United States, $44.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Betterfly (2018, Chile)
$125M - Series C - Feb 2022
Betterfly (2018, Chile)
$60.0M - Series B - Jun 2021
Ottonova (2015, Germany)
$47.4M - Series E - Aug 2021
Gravie (2013, United States)
$28.6M - Series D - Mar 2021
Sana Benefits (2017, United States)
$20.0M - Series A - Oct 2021
Nova (2020, India)
$10.0M - Series A - Sep 2021
Nova (2020, India)
$1.0M - Seed - Apr 2021

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Self-Funded Health Insurance
Administration for Employers
41
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$284M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$770M
9
-
28
4
Employee Health IT (Hinge Health)
(# Cos: 3168 | $18.9B)
Healthcare Benefits Administration (Cerner)
(# Cos: 661 | $6.0B)
Benefits Management (Accolade)
(# Cos: 464 | $3.6B)
Self-Funded Insurance
Administration (CollectiveHealth)
(# Cos: 28 | $770M)
CollectiveHealth
(2013, United States, $714M)
Oration
(2012, United States, $12.2M)
Apostrophe
(2017, United States, $17.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CollectiveHea.. (2013, United States)
$280M - Series F - May 2021
MyHealthMath (2014, United States)
$3.5M - Series B - Dec 2021

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Data Management
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$281M(▲77%)
26(▲23.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
71
$1.6B
197
6
927
17
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Flatiron Health)
(# Cos: 23650 | $46.0B)
Administrative Solutions (Zocdoc)
(# Cos: 9705 | $13.2B)
Data Management (Imprivata)
(# Cos: 1373 | $2.1B)
Clinical Data Management (Veeva
Systems)
(# Cos: 927 | $1.6B)
Veeva Systems
(2007, United States)
Workshare
(1998, United Kingdom, $61.4M)
ImageMoverMD
(2013, United States, $8.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Truveta (2020, United States)
$95.0M - Series A - Jul 2021
Senyi (2016, China)
$77.1M - Series E - Jul 2021
VisiQuate (2009, United States)
$50.0M - Series D - Jul 2021
Medicom (2015, United States)
$21.8M - Series B - Nov 2021
Superconducti.. (2017, United States)
$21.0M - Series B - Jun 2021
Centaur Labs (2015, United States)
$15.0M - Series A - Sep 2021
Cord (2020, United States)
$13.7M - Series A - Oct 2021
View all 26 Funding Rounds on Tracxn Platform

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Data Analysis for Drug
Discovery
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$280M(▲882%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$596M
16
-
45
4
Life Sciences Tech (Medable)
(# Cos: 4838 | $26.4B)
Research & Development (Medidata)
(# Cos: 3903 | $22.1B)
Drug Informatics (Benchling)
(# Cos: 774 | $4.5B)
Healthcare Data Analysis
(Flywheel)
(# Cos: 45 | $596M)
Flywheel
(2015, United States, $51.7M)
Verana Health
(2011, United States, $288M)
Geneyx
(2018, Israel, $6.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verana Health (2011, United States)
$150M - Series E - Jan 2022
Truveta (2020, United States)
$95.0M - Series A - Jul 2021
Flywheel (2015, United States)
$22.0M - Series C - Sep 2021
Geneyx (2018, Israel)
$6.5M - Seed - Nov 2021
LunaDNA (2017, United States)
$3.8M - Series A - May 2021
Semalytix (2015, Germany)
$2.4M - Series A - Feb 2021
Flywheel (2015, United States)
Undisclosed - Series C - Nov 2021

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Innovaccer (2014, United States)
$150M - Series E - Dec 2021
Innovaccer (2014, United States)
$105M - Series D - Feb 2021
Circulo Health (2020, United States)
$50.0M - Series A - Feb 2021
Ribbon Health (2016, United States)
$43.5M - Series B - Nov 2021
Anomaly (2020, United States)
$12.0M - Series A - Oct 2021
MedXoom (2013, United States)
$8.1M - Series A - Mar 2021
UnifiHealth (2011, United States)
$5.4M - Seed - Sep 2021
View all 12 Funding Rounds on Tracxn Platform
Hospital Management Solutions
44
52
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Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Horizontal (CitiusTech)
(# Cos: 1337 | $8.0B)
Suite Solutions (Innovaccer)
(# Cos: 192 | $5.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$255M( -- )
12( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
34
$5.0B
87
8
192
10
Innovaccer
(2014, United States, $378M)
CitiusTech
(2005, United States, $112M)
Verily
(2015, United States, $2.5B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Stress Management Apps
45
53
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$251M(▲605%)
16(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$440M
92
1
495
8
Fitness & Wellness Tech (Peloton)
(# Cos: 16229 | $17.3B)
Mind & Body Wellness (Sleep Number)
(# Cos: 2055 | $2.0B)
Stress Management (Happify)
(# Cos: 644 | $538M)
Apps (Wysa)
(# Cos: 495 | $440M)
Wysa
(2015, India, $10.4M)
Happify
(2011, United States, $122M)
Meru Health
(2016, United States, $55.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Happify (2011, United States)
$73.0M - Series D - Mar 2021
aptihealth (2017, United States)
$50.0M - Series B - Nov 2021
Brightside He.. (2017, United States)
$46.0M - Series B - Dec 2021
Meru Health (2016, United States)
$38.0M - Series B - Sep 2021
Brightside He.. (2017, United States)
$24.0M - Series A - Feb 2021
Apollo Neuros.. (2017, United States)
$5.9M - Series A - Feb 2021
Wysa (2015, India)
$5.5M - Series A - May 2021
View all 16 Funding Rounds on Tracxn Platform

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Computerized Physician Order Entry
Solutions
46
54
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$783M
24
-
83
3
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Zocdoc)
(# Cos: 23650 | $46.0B)
Hospital Information Systems (Flatiron
Health)
(# Cos: 6533 | $7.7B)
CPOE (Alto)
(# Cos: 83 | $783M)
Alto
(2015, United States, $552M)
DrFirst
(2000, United States, $135M)
Doxper
(2015, India, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Alto (2015, United States)
$200M - Series E - Jan 2022
DrFirst (2000, United States)
$50.0M - Series C - May 2021
Rupa (2018, United States)
$19.7M - Series A - Nov 2021
Rupa (2018, United States)
$5.8M - Seed - Aug 2021
Rx Redefined (2017, United States)
$3.2M - Seed - Jun 2021
Rx Redefined (2017, United States)
$3.0M - Seed - Feb 2021
DoseSpot (2009, United States)
Undisclosed - Seed - Jan 2022

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Science Coworking Labs
47
55
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Life Sciences Tech (Medidata)
(# Cos: 4838 | $26.4B)
Coworking Labs (SmartLabs)
(# Cos: 16 | $286M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M(▲594%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$286M
3
-
16
1
SmartLabs
(2000, United States, $286M)
BioLabs
(2015, United States)
OpenCell
(2018, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SmartLabs (2000, United States)
$250M - Series B - Sep 2021

56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Fitness Wristwear
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$246M(▲47.4%)
8(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$2.2B
94
3
647
5
Fitness & Wellness Tech (Hinge Health)
(# Cos: 16229 | $17.3B)
Physical Fitness (Peloton)
(# Cos: 9992 | $13.3B)
Tracking and Monitoring (HealthifyMe)
(# Cos: 2232 | $3.4B)
Activity Trackers (Jawbone)
(# Cos: 1861 | $3.1B)
Wearable Devices (Withings)
(# Cos: 819 | $2.6B)
Wristwear (Fitbit)
(# Cos: 647 | $2.2B)
Fitbit
(2007, United States, $65.1M)
Withings
(2008, France, $93.8M)
Jawbone
(1997, United States, $877M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$200M - Series F - Aug 2021
GOQii (2014, India)
$24.9M - Series C - Dec 2021
Codoon (2011, China)
$20.0M - Series C - Dec 2021
Sequent (2015, Switzerland)
$698K - Seed - Jun 2021
URUFIT (2019, India)
$33.7K - Seed - Nov 2021
URUFIT (2019, India)
$13.7K - Angel - Mar 2021
URUFIT (2019, India)
$3.6K - Angel - Aug 2021
View all 8 Funding Rounds on Tracxn Platform

57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
EHR Facilitator Softwares
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$246M(▲206%)
10(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$605M
52
2
235
6
Healthcare IT (Cerner)
(# Cos: 31612 | $79.5B)
Provider (Zocdoc)
(# Cos: 23650 | $46.0B)
Hospital Information Systems (Flatiron
Health)
(# Cos: 6533 | $7.7B)
EHR facilitator (PatientKeeper)
(# Cos: 235 | $605M)
PatientKeeper
(1996, United States, $47.8M)
Augmedix
(2012, United States, $118M)
Notable
(2017, United States, $117M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Notable (2017, United States)
$100M - Series B - Nov 2021
Suki (2017, United States)
$55.0M - Series C - Dec 2021
Robin Healthc.. (2017, United States)
$50.0M - Series B - Dec 2021
DeepScribe (2019, United States)
$30.0M - Series A - Jan 2022
DeepScribe (2019, United States)
$5.2M - Seed - May 2021
Notable Systems (2015, United States)
$2.5M - Series A - Feb 2021
Shubu.ai (2020, India)
$1.0M - Seed - Mar 2021
View all 10 Funding Rounds on Tracxn Platform

58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Lark Technolo.. (2011, United States)
$100M - Series D - Sep 2021
LifeQ (2014, United States)
$47.0M - Series A - May 2021
100Plus (2011, United States)
$25.0M - Seed - Mar 2021
Sweetch (2013, Israel)
$20.0M - Series A - Jul 2021
Mightier (2016, United States)
$17.0M - Series B - Dec 2021
zuoshouyisheng (2017, China)
$15.4M - Series B - Aug 2021
Mymee (2011, United States)
$8.7M - Series A - Feb 2021
View all 14 Funding Rounds on Tracxn Platform
Disease Risk Assessment Solutions
50
58
Back to index
Disease Self Management (Withings)
(# Cos: 10494 | $18.6B)
Behavioural Health (Nutrino)
(# Cos: 557 | $1.2B)
Health Risk Assessment (Lark
Technologies)
(# Cos: 316 | $1.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$242M(▲323%)
14(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.0B
88
-
316
8
Lark Technologies
(2011, United States, $162M)
Mightier
(2016, United States, $29.0M)
100Plus
(2011, United States, $28.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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HealthTech - Top Business Models Report
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