About MedTech Innovator
MedTech Innovator, an accelerator and incubator program founded in 2013, is based in Los Angeles, United States. With a presence in 20 countries, it has supported around 175 startups in sectors like Life Sciences, HealthTech. As of Aug 2026, MedTech Innovator has witnessed 13 portfolio exits. Most notable companies in
its portfolio include Naluri, Forus Health and Remidio. The program is backed by a team of 9 people who primarily support Grant (prize money) startups based in United States. Its latest investment was a Undisclosed Grant (prize money) round in Alfaleus on May 29, 2024.
Key Metrics
Founded Year
2013
Location
Los Angeles, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money), Seed & 1 more
Locations of Investment
MedTech Innovator's List of Top Investments
MedTech Innovator has a portfolio of 175 companies. Their most notable investments are in CloudCath and WestFace Medical.Their portfolio spans across United States, India, Canada and 17 more locations. They have invested in Life Sciences, HealthTech, High Tech and 10 other sectors, across stages such as Grant (prize money), Seed and 1 more. Here is the list of top investments by MedTech Innovator:
1. Naluri
Provider of employee wellness programs for physical and mental health. It offers an evidence based digital health solution that helps organisations predict, prevent, and manage the leading cardiometabolic and mental health conditions, including heart disease, diabetes, cancer, chronic stress, anxiety, depression, and pain. It also, provides consultation, performance coaching and training services. Company emphasizes detection of mental health issues through screening processes which allows companies to identify employees at risk and engage them in wellness programs. It also conducts workshops aimed at building resilience among employees and educating them on identifying signs of mental distress in themselves and the colleagues.
Key facts about Naluri
- Founded Year: 2017
- Location: Kuala Lumpur (Malaysia)
- Annual Revenue: $1M - $10M as on Mar 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $19.9M
- Employee Count: 300 as on Jul 31, 2026
- Investors: StartX, Global Founders Capital and 19 Others
- Latest Funding Round: Series B, Aug 12, 2025, $*****
- Highlight: Editors' Pick
2. Forus Health
Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms. These devices are designed for acquiring, storing, and transmitting images of the eye's anterior and posterior segments, facilitating the diagnosis of various ocular diseases. The cloud-based platform integrates with the imaging devices, enabling remote diagnosis and efficient monitoring of patients. The company's technology aims to improve access to eye care, particularly in underserved areas. The devices are designed for ease of use and affordability, making them suitable for a wide range of healthcare settings.
Key facts about Forus Health
- Founded Year: 2010
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $18.1M
- Employee Count: 171 as on Apr 30, 2025
- Investors: Accel, Chiratae Ventures and 15 Others
- Latest Funding Round: Series B, Nov 03, 2025, $*****
- Highlight: Editors' Pick
3. Remidio
Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis. It offers AI based portable retinal imaging devices and ophthalmic tools that help detect eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration (AMD). The devicea are alo integrated with Telehealth and cloud-based platforms for remote review, enabling screenings in diverse settings including primary care, outreach clinics, and rural areas.
Key facts about Remidio
- Founded Year: 2009
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 168 as on Aug 31, 2025
- Investors: IKP Knowledge Park, KITVEN and 32 Others
- Latest Funding Round: Series B, Feb 19, 2023, $*****
- Highlight: Editors' Pick
Subtle Medical is a developer of an AI-driven solution for medical diagnostic imaging. It provides deep learning-based solutions to enhance the quality, efficiency, and diagnostic value for medical imaging by enabling the better acquisition, reconstruction, processing, and analysis of imaging data.
Key facts about Subtle Medical
- Founded Year: 2017
- Location: Palo Alto (United States)
- Stage: Series C
- Total Funding till date: $86M
- Employee Count: 78 as on Jul 31, 2026
- Investors: Samsung Venture Investment, Black River Ventures and 27 Others
- Latest Funding Round: Series C, Jun 02, 2026, $*****
- Highlight: Editors' Pick
Developer of neuromodulation therapy for neurological conditions. The company uses proprietary technology and product- microtransponder's product is the Vivistim Paired VNS System, for helping stroke survivors regain upper limb motor function after their stroke.
Key facts about MicroTransponder
- Founded Year: 2007
- Location: Dallas (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $180M
- Employee Count: 229 as on Apr 30, 2026
- Investors: Gilde Healthcare, Longitude Capital and 11 Others
- Latest Funding Round: Series F, Mar 05, 2025, $*****
- Highlight: Editors' Pick
MedTech Innovator's Year-on-Year Investment Trends
MedTech Innovator has invested in 175 companies over the last 11 years, with an average of 5 new investments annually in the last 10 years. Its most recent first time investment was in Alfaleus and most recent follow-on round was in Adhesys Medical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 3 | 0 | 3 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 13 | 0 | 13 |
2020 | 6 | 0 | 6 |
2019 | 12 | 0 | 12 |
2018 | 10 | 0 | 10 |
2017 | 3 | 0 | 3 |
MedTech Innovator's Investments by Stage
MedTech Innovator has made 38 investments in Grant (prize money) stage with an average round size of $89K, 14 investments in Seed stage with an average round size of $638K and 3 investments in Series A stage with an average round size of $2.65M.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 38 |
Seed | 14 |
Series A | 3 |
Note: We have considered here, only first round of investments
MedTech Innovator's Investments by Sector
MedTech Innovator has a diverse portfolio, with companies operating in the Life Sciences, HealthTech, High Tech, Internet of Things - Industry Applications and Enterprise Applications. Notably, it has invested in 166 Tech companies, 154 Enterprise (B2B) companies, 105 Tech hardware companies and at least 53 companies focusing on Software.Sector | No. of Investments |
|---|---|
Life Sciences | 47 |
HealthTech | 17 |
High Tech | 11 |
Internet of Things - Industry Applications | 8 |
Enterprise Applications | 7 |
Others | 14 |
Note: We have considered here, only first round of investments
MedTech Innovator's Investments by Geography
MedTech Innovator has made most investments in United States (34), followed by India where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 34 |
India | 6 |
Ireland | 3 |
Israel | 3 |
Australia | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
MedTech Innovator's recent investments
MedTech Innovator has not made any investment in 2026 so far.Here are the most recent investments by MedTech Innovator:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 29, 2024 | India | Grant (prize money) | 5142 | - | |
May 29, 2024 | Australia | Grant (prize money) | 5839 | - | |
Apr 09, 2024 | United Kingdom | Series A | 8163 | ||
Jul 26, 2022 | United States | Grant (prize money) | 8858 | - | |
Jun 07, 2022 | Germany | Grant (prize money) | 8832 | - |
Acquired companies in MedTech Innovator's Portfolio
13 companies from MedTech Innovator's portfolio have been acquired. The most recent acquisition was Kheiron Med in Oct 2024 by DeepHealth for $*****.Here are MedTech Innovator's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 22, 2024 | - | - | 2171 | |
Nov 16, 2023 | - | - | 9248 | |
Nov 01, 2023 | - | - | 3386 | |
Oct 04, 2023 | - | - | 5250 | |
Jan 05, 2023 | - | - | 7538 |
Team profile of MedTech Innovator
MedTech Innovator has a team of 9 members including 3 Partners located in United States and Singapore. MedTech Innovator's team does not sit on the board of any company as of now.Here is a list of all team members in MedTech Innovator:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Los Angeles | - | ||
Partner | Los Angeles | - |
Co-investors of MedTech Innovator
Over the past 11 years, 220 investors have co-invested in MedTech Innovator's portfolio companies. This includes funds and angels.
- Invested before MedTech Innovator: National Science Foundation, HHS and 77 others have invested in rounds before MedTech Innovator. There are 7 companies where National Science Foundation has invested before MedTech Innovator and 7 companies where HHS has invested before MedTech Innovator.
- Top Co-investors of MedTech Innovator: 4 investors entered a company along with MedTech Innovator. These include investors like EIT Health (1 company).
- Invested after MedTech Innovator: A total of 137 investors have invested in MedTech Innovator's portfolio after their investments. Top Investors include HHS (5 companies) and EIC Fund (4 companies).
Recent News related to MedTech Innovator
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Belfast’s Neurovalens raises £2.1m for wearable anxiety treatmentUKTN•Apr 09, 2024•Neurovalens, MedTech Innovator, Invest Northern Ireland, Techstart Ventures and 6 others
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MedTech Innovator Crowns MicroTransponder and Mirai Medical Among its Top Innovators of 2023MedTech Innovator•Nov 17, 2023•MedTech Innovator
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Olympus Asia Pacific Innovation Programme to identify medtechBioSpectrum Asia•Dec 05, 2022•Olympus, MedTech Innovator
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MedTech Innovator and S2N Health Partner Announce Partnership for Value Program ParticipantsMedTech Innovator•Nov 03, 2022•MedTech Innovator, S2N
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Cambridge Consultants Extends Partnership with MedTech Innovator Asia PacificMedTech Innovator•Aug 31, 2022•Cambridge Consultants, MedTech Innovator
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MedTech Innovator Names 20 Premier Startups for Annual Asia Pacific AcceleratorBusiness Wire•Jul 20, 2022•MedTech Innovator
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