11 Top Healthtech Startups to Watch in 2024

Abstract image combining tech and the medical field.

In the rapidly evolving world of healthcare, technology is playing an increasingly crucial role in improving patient outcomes, streamlining processes, and revolutionizing the way we approach medicine. Healthtech startups are at the forefront of this transformation, bringing innovative solutions to age-old problems and paving the way for a more efficient, accessible, and personalized healthcare experience. From artificial intelligence (AI)-powered diagnostics to telemedicine platforms, these groundbreaking companies are reshaping the future of healthcare. In this listicle, we'll explore some of the most promising healthtech startups making waves in the industry.

Top Healthtech Companies to Watch

Every year, new startups pull to the forefront of their industry through exciting innovation and industry-disrupting business models. We’ve rounded up the most exciting healthtech startups of 2024 that startup-lovers, investors, and aspiring entrepreneurs should follow. 

Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.


  • Location: San Francisco, California
  • Founders: Andy Atwal, Benjamin Beadle-Ryby, Malinka Walaliyadde, Varun Ganapathi
  • Founded In: 2018
  • Funding: Series B, $85 Million
  • Investors Include: Andreessen Horowitz, Costanoa Ventures, James Momtazee

AKASA is a startup that’s focused on developing artificial intelligence (AI) solutions for healthcare operations, ultimately helping healthcare providers and medical centers reduce their operating costs, free up their staff, and allocate resources more effectively. 

AKASA works by pairing human intelligence with its cutting-edge AI and machine learning (ML) algorithms that are trained on customer data. After training, the AI is able to work with unique healthcare systems and adapt as environments change, even if those workflows are complex. AKASA is able to successfully leverage its AI to provide automation and analytics for healthcare organizations and help them improve operations and drive revenue while improving the patient experience.

2. Rula

  • Location: Los Angeles, California
  • Founders: Josh Bruno
  • Founded In: 2019
  • Funding: Series B, $110.9 Million
  • Investors Include: Upfront Ventures, Wing Venture Capital, Meridian Street Capital

Rula is a mental health startup that was built to match patients with thousands of psychiatrists, therapists, and other mental health professionals — virtually. If someone wants affordable, online therapy they can access anytime and anywhere, Rula built a solution that allows these patients to quickly and easily connect with a therapist. 

When someone uses Rula, all they have to do is answer a few questions, in the beginning, to narrow down providers to one that fits their needs and then schedule an appointment. Once they schedule an appointment, the patient can then create a continuous schedule with their therapist and start on a mental health program that allows them to see progress and get results.

3. Medallion

  • Location: San Francisco, California
  • Founders: Derek Lo
  • Founded In: 2020
  • Funding: Funding: Series C, $85 Million
  • Investors Include: Spark Capital, Optum Ventures, Sequoia Capital

Medallion is a San Francisco-based startup focused on reducing the amount of administrative work in the healthcare system to help healthcare providers spend more time with their patients. The platform allows its users to license providers, monitor their credentials, verify their credentials, and establish in-network coverage with various insurance payers. 

Because healthcare professionals need to hold a valid medical license in the state in which they practice, challenges can arise when it comes to telehealth and remote physician calls. Medallion solves this problem by allowing healthcare providers and nurse practitioners to hold licenses in multiple states, letting them help patients remotely.

4. Open

  • Location: San Francisco, California
  • Founders: Peter Tseng, Raed Khawaja
  • Founded In: 2018
  • Funding: Series A, $14.4 Million
  • Investors Include: Founders Fund, A.Capital Ventures, Aglaé Ventures

Open is a revolutionary meditation app designed to make the benefits of mindfulness accessible to everyone. With a sleek, user-friendly interface and a diverse range of guided meditations, Open offers a personalized experience tailored to each user's needs and preferences. Whether you're a beginner looking to reduce stress and anxiety or an experienced practitioner seeking to deepen your practice, Open provides a wealth of resources to support your journey toward greater mental clarity, emotional balance, and overall well-being.

5. Kinetik

  • Location: New York City, New York
  • Founders: Sufian Chowdhury, Atif Hussain, Mahbub Rahman
  • Founded In: 2017
  • Funding: Seed, $20.1 Million
  • Investors Include: K Street Capital  

Kinetik is a healthtech startup streamlining the non-emergency medical transportation (NEMT) industry. Through its revenue cycle management (RCM) platform built specifically for the NEMT industry, healthcare plans, brokers, and patients are connected to streamline service and provide an overall better experience for customers in need. Kinetik also provides a streamlined approach to ensuring NEMT providers are paid in a timely fashion. 

6. Paige

  • Location: New York, New York
  • Founders: David Klimstra, Norman Selby, Peter Schüffler, Thomas Fuchs
  • Founded In: 2018
  • Funding: Series C, $220 Million
  • Investors Include: Goldman Sachs Merchant Banking Division, Breyer Capital, Johnson & Johnson

Paige is a startup built by pathologists focused on using next-generation computational technologies to allow doctors to get more insights into their patients and optimize patient outcomes. They develop novel AI applications that can be deployed within various laboratories and provide new data and insights pathologists can use to identify hard-to-recognize or difficult tissue patterns. 

Paige is currently the first FDA-approved pathology product based on AI and is available for diagnostic use in-vitro. 

7. PatientPop (Acquired by Tebra)

  • Location: Santa Monica, California
  • Founders: Luke Kervin, Travis Schneider
  • Founded In: 2014
  • Funding: $125 Million
  • Investors Include: Toba Capital, Silicon Valley Bank, Leerink Transformation Partners

PatientPop is designed to help both medical professionals and their patients improve their quality of care and the process of receiving care. With PatientPop, it’s easy to set up appointments, do online registration, and even submit payments through a single platform. This frees up staff that need to do tedious paperwork, cutting down on costs and wait times for patients.

PatientPop is also unique in that it offers medical health marketing. Your medical practice can rank higher, translating to more patients utilizing your services and increased revenue. PatientPop combines the best of marketing for medical clinics, as well as adding convenience for patients themselves, with the help of their app.

8. Cityblock Health

  • Location: Brooklyn, New York
  • Founders: Bay Gross, Iyah Romm, Mat Balez, Toyin Ajayi
  • Founded In: 2017
  • Funding: $891.3 Million
  • Investors Include: Thrive Capital, Maverick Ventures, Redpoint, 8VC

Cityblock Health was founded to help everyone in the community, whether in lower-income or higher-income neighborhoods, get access to the best mental health support, medical care, and social services all at once. Cityblock Health partners with existing providers to help fill in the gaps wherever it is needed. The company has medical care staff on hand to support client health, including nurse practitioners, doctors, care managers, and specialists. 

9. Tempus

  • Location: Chicago, Illinois
  • Founders: Eric Lefkofsky
  • Founded In: 2015
  • Funding: Debt Financing, $1.3 Billion 
  • Investors Include: New Enterprise Associates, Baillie Gifford, Revolution Growth, T. Rowe Price

Tempus is helping to increase patient care outcomes in the fields of oncology, or cancer treatment, neuro-diseases, infectious diseases, cardiology, and much more. Tempus has gathered clinical and molecular data, which it now uses along with its AI-based technology to help providers understand the predictive outcomes of patients.

Testing is available to help determine the best treatment options for patients, helping to improve their quality of life and outcomes. Through precision medicine and lessons learned from other patients, Tempus helps providers make real-time science-based decisions for care.

See more of the top Chicago startups.

10. Cleo

  • Location: San Francisco, California
  • Founders: Chitra Akileswaran, Shannon Spanhake
  • Founded In: 2016
  • Funding: Series C, $83 Million
  • Investors Include: New Enterprise Associates, Transformation Capital, Greylock

Cleo is an innovative healthcare company that focuses on providing comprehensive support for working families — particularly during the critical stages of planning, pregnancy, and early parenthood. By combining personalized guidance from healthcare experts with cutting-edge technology, Cleo aims to empower parents and help them navigate the challenges of balancing their professional and personal lives.

11. Oscar Health

  • Location: New York, New York
  • Founders: Joshua Kushner, Kevin Nazemi, Mario Schlosser
  • Founded In: 2012
  • Funding: Private Equity, $1.6 Billion
  • Investors Include: Khosla Ventures, Tiger Global Management, General Catalyst

Oscar Health is a tech-driven health insurance company that aims to revolutionize the healthcare experience by putting the patient first. Founded in 2012, Oscar Health leverages technology, data, and human-centered design to offer transparent, affordable, and personalized health plans to individuals, families, and small businesses. By providing members with intuitive digital tools, 24/7 access to telemedicine services, and dedicated concierge teams, Oscar Health empowers its members to make informed decisions about their healthcare and easily navigate the often-complex health system.


What is a health tech startup?

A health tech startup is any company that focuses on improving health care for patients, medical providers, and everyone in between. Health tech startups focus on providing innovative services for people, such as virtual visits, or improving existing partnerships with insurance companies, clinics, and other medical facilities. 

Health tech startups are focused on improving the overall patient care experience and can include medical care, mental health care, social services, and even self-care services.

What does the future of the health tech industry look like?

Health care and health tech industries are seeing a huge increase in spending and investing and for good reason. Now, more than ever, more people are focusing on improving patient care in order to save on resources, utilize existing resources such as staffing in the most efficient way possible, and improve overall quality of life. 

From 2016 to 2021, global healthcare industries received10 an extra 280% in investments totaling $51.3 billion. This just goes to show how important this type of industry is, and why investors are eager to fund them in order to help public interest.

How do you start a health tech startup?

If you’re wondering how to begin a startup in the health tech industry, it’s important to know you’ll need expert consultants by your side. Partner with an expert in the field, such as an insurance provider or even medical doctor, so you can better understand how the industry you’re looking to create innovations for currently works. 

For instance, if you want to start a mental health app, do your research to understand how people currently receive their mental health care. Then, use your market research to understand what it is people need and how to provide that service for them.

What are some helpful resources for health tech startups?

There are various resources you can use to help provide extra funding for your health tech startup. These include:

  • Accelerators are firms that can invest capital into your business during the beginning stages of development.
  • Incubators are physical locations designed to provide a workspace that also has resources such as training, mentorship, and even seed funds to help launch your business off the ground.
  • VC firms are dedicated to providing capital for businesses that want to expand, increase revenue, and reach new markets. VC Firms are plentiful, and they will want to look at your business in order to determine if an investment could help lead to more gains for them. If you’ve already sold your product and are now looking to make more money and sell more units, venture capital firms are the best way to go.

About the Author

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