About Healthcare sector in Caribbean
The Healthcare sector in Caribbean comprises 200 companies, including 21 funded companies having collectively raised $26.5M in venture capital money and private equity. Out of these, 11 are Series A+ funded.
Healthcare sector in Caribbean has seen 8 acquisitions and 2 IPOs. This represents almost 5.0% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
Top Healthcare Companies in Caribbean
There are 200 Healthcare startups in Caribbean which include Nhf, Catalys Pacific, BNL, Health City, Okyanos. Out of these, 21 startups are funded, with 11 having secured Series A+ funding.
Over the past 10 years, an average of 7 new companies have been launched annually.
Here is the list of top Healthcare startups in Caribbean

1. Nhf
Key facts about Nhf
- Founded Year: 2003
- Location: Kingston (Jamaica)
- Stage: Unfunded
- Tracxn Score: 45/100 What is this?
Key facts about Catalys Pacific
- Founded Year: 2019
- Location: Cayman Islands
- Stage: Unfunded
- Tracxn Score: 40/100 What is this?
- Competitors Rank: 3 of 44 Competitors

3. BNL
Key facts about BNL
- Founded Year: 2006
- Location: Cayman Islands
- Stage: Public
- Tracxn Score: 39/100 What is this?

4. Health City
Key facts about Health City
- Founded Year: 2014
- Location: Cayman Islands
- Stage: Unfunded
- Tracxn Score: 38/100 What is this?
5. Okyanos
Okyanos offers medical treatments in regenerative medicine. They provide adult stem cell therapy for patients with a variety of conditions ranging from neurological, orthopedic, cardiac, autoimmune, COPD and more. The company partners with leading universities and research labs in collecting data that for the field of stem cell therapy. They also provide educational videos and papers on regenerative medicine.
Key facts about Okyanos
- Founded Year: 2011
- Location: Freeport (Bahamas)
- Stage: Acquired
- Total Funding till date: $8.9M
- Latest Funding Round: Series B, Mar 20, 2014, $*****
- Tracxn Score: 36/100 What is this?
- Competitors Rank: 36 of 1,258 Competitors
Companies founded year-on-year in the Healthcare sector in Caribbean
17 Healthcare startups in Caribbean were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 1 |
2023 | 2 |
2022 | 5 |
2021 | 17 |
2020 | 16 |
2019 | 7 |
2018 | 15 |
2017 | 9 |
Stage-wise distribution of Healthcare sector companies in Caribbean
Out of the total 200 Healthcare companies in Caribbean, 21 have secured funding. Among them, 11 have reached Series A or higher, and 11 to Series B or beyond.
Founded - 200
Funded - 21
Series A+ - 11
Series B+ - 11
Series C+ - 10
Company Stage | No. of companies |
|---|---|
Founded | 200 |
Funded | 21 |
Series A+ | 11 |
Series B+ | 11 |
Series C+ | 10 |
Funding Trends in the Healthcare sector in Caribbean
Total funding year-on-year in the Healthcare sector in Caribbean
The Healthcare sector in Caribbean saw a total funding of more than $26.5M in the last 10 years. The most amount of funding was in 2020 at more than $10.5M.
- Total Funding
Year | Total Funding |
|---|---|
2023 | $1.49M |
2022 | - |
2020 | $10.5M |
2019 | $450K |
2018 | $3.5M |
Recent Funding Rounds in Healthcare in Caribbean
In the year 2022, till June 2022, Healthcare companies in Caribbean have raised equity funding across 1 round.
Here are some recent, important funding rounds in Healthcare companies in Caribbean:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 1220 | 2022 | ||
Series B | 2877 | Aug 18, 2020 | - | |
Seed | 2783 | Feb 27, 2019 | - | |
Seed | 5387 | Sep 20, 2018 | ||
Seed | 4361 | Jul 29, 2018 | - |
Top Investors in Healthcare in Caribbean
Ares Management is the top investor in Healthcare companies in Caribbean based on number of companies invested.
Here are some top investors in Healthcare companies in Caribbean:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Los Angeles (United States) | - | |
London (United Kingdom) | - | |
Frankfurt Am Main (Germany) | - | |
Fort Lauderdale (United States) | - | |
Kingstown (Saint Vincent And The Grenadines) | - |
M&A activity in Healthcare sector in Caribbean
In the year 2023, till August 2023, 3 acquisitions happened in Healthcare sector in Caribbean. Last year, in 2022, a total of 1 acquisition happened in Healthcare sector in Caribbean.
Here are some recent, important acquisitions in Healthcare sector in Caribbean:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 03, 2023 | ||
Business Acquisition | Mar 04, 2023 | ||
Business Acquisition | Feb 14, 2023 | ||
Business Acquisition | Apr 05, 2022 | ||
Business Acquisition | Jul 29, 2021 |
Acquisition trends in Healthcare sector in Caribbean
Here are the acquisition trends in Healthcare sector in Caribbean:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 3 |
2022 | 1 |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | 1 |
IPOs in Healthcare in Caribbean
In the year 2021, till June 2021, 1 IPO happened in Healthcare sector in Caribbean.
Here are some recent, important IPOs in Healthcare sector in Caribbean:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jun 24, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Feb 07, 2007 | Frankfurt Stock Exchange (FRA) |
Top News in Healthcare in Caribbean
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Roivios Receives FDA Breakthrough Device Designation for JuxtaFlow RADMedical Product Outsourcing•Apr 26, 2024•Roivios
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Bon Natural Life Limited Announces Record First Half-Year Revenue and Net IncomeGlobeNewswire•Sep 12, 2023•BNL
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Bon Natural Life Limited Announces Record-Setting Full Fiscal Year 2022 ResultsGlobeNewswire•Feb 09, 2023•BNL
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Digital healthcare platform MediBuddy raises $18 millionBusiness Line•Feb 08, 2023•MediBuddy, Quadria Capital, Lightrock, TEAMFund and 2 others
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Pathalys Pharma brings in $150M for SHPT trialsLabiotech•Jan 19, 2023•Pathalys, Launch Therapeutics, The Carlyle Group, Abingworth and 4 others