About HealthTech sector in Indonesia
The HealthTech sector in Indonesia comprises 622 companies, including 79 funded companies having collectively raised $362M in venture capital money and private equity. Out of these, 15 are Series A+ funded.
HealthTech sector in Indonesia has seen 3 acquisitions and 5 IPOs.
This sector includes companies providing digital health solutions for disease management, diagnosis, treatment etc.
HealthTech sector is also known as Digital Health, e-Health, Health And Wellness Tech, Smart Healthcare, Healthcare Technology or Health Management Technology.
It includes companies providing both B2B and B2C software, platforms and connected devices for providers, hospitals, consumers, employers, and life science industry. It excludes companies providing drugs, in vitro diagnostic solutions, drug delivery and medical devices that do not rely on digital platforms.
Top HealthTech Companies in Indonesia
There are 622 HealthTech startups in Indonesia which include Halodoc, Alodokter, DOOgether, Lifepack, Riliv. Out of these, 79 startups are funded, with 15 having secured Series A+ funding.
Over the past 10 years, an average of 45 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard Business School, Carnegie Mellon University and Harvard University.
Here is the list of top HealthTech startups in Indonesia
1. Halodoc
Provider of an online teleconsultation platform for multiple health disorders. The platform allows users to connect with general physicians and specialists for the treatments. It enables users to order medications for multiple diseases. It also enables users to schedule an appointment for multiple health disorders such as diabetes, skin diseases, and others.
Key facts about Halodoc
- Founded Year: 2016
- Location: Jakarta (Indonesia)
- Stage: Series D
- Total Funding till date: $258M
- Investors: Astra Digital, Allianz X and 24 Others
- Latest Funding Round: Series D, Jul 28, 2023, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 5 of 113 Competitors
2. Alodokter
Alodokter is an online platform enabling users to book doctor appointments. The user can search for the doctors based on the specialty or location for which the platform offers a list of doctor profiles with pricing. The user can view the profiles, compare and book an appointment via online payment. It also offers health-related information, articles, and treatments.
Key facts about Alodokter
- Founded Year: 2014
- Location: Jakarta (Indonesia)
- Stage: Series C
- Total Funding till date: $49.7M
- Investors: MDI Ventures, Fenox Venture Capital and 19 Others
- Latest Funding Round: Series C, Feb 21, 2024, $*****
- Tracxn Score: 60/100 What is this?
3. DOOgether
Provider of an app-based booking platform for sports platforms. It enables users to search and book based on sports activity, venue name, and type of court. It also lists all venues and provides progress and workout features to track health.
Key facts about DOOgether
- Founded Year: 2016
- Location: Jakarta (Indonesia)
- Stage: Seed
- Investors: livinglabventures.com, Gobi Partners and 8 Others
- Latest Funding Round: Seed, Dec 23, 2022, $*****
- Tracxn Score: 48/100 What is this?
4. Lifepack
Online platform offering multiple healthcare services. The platform offers consultation, diagnostic and pharmacy services. It offers an online store for the purchase of products such as medicines, vitamins, medical devices, etc.
Key facts about Lifepack
- Founded Year: 2020
- Location: Jakarta (Indonesia)
- Stage: Series A
- Total Funding till date: $7M
- Investors: Golden Gate Ventures, Jungle Ventures and 2 Others
- Latest Funding Round: Series A, Aug 11, 2022, $*****
- Tracxn Score: 48/100 What is this?
5. Riliv
Online psychiatric consultation and meditation platform. The app enables users to schedule and book online consultation services with psychologists. Also, it provides guided online meditation, sleep-induced sounds, and articles for mental health-related issues.
Key facts about Riliv
- Founded Year: 2015
- Location: Surabaya (Indonesia)
- Stage: Seed
- Investors: East Ventures, sankalpa.ventures and 6 Others
- Latest Funding Round: Seed, Jan 20, 2022, $*****
- Tracxn Score: 47/100 What is this?
Companies founded year-on-year in the HealthTech sector in Indonesia
91 HealthTech startups in Indonesia were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 11 |
2023 | 19 |
2022 | 41 |
2021 | 72 |
2020 | 91 |
2019 | 73 |
2018 | 50 |
2017 | 48 |
2016 | 50 |
Stage-wise distribution of HealthTech sector companies in Indonesia
Out of the total 622 HealthTech companies in Indonesia, 79 have secured funding. Among them, 15 have reached Series A or higher, and 10 to Series B or beyond.
Founded - 622
Funded - 79
Series A+ - 15
Series B+ - 10
Series C+ - 10
Company Stage | No. of companies |
|---|---|
Founded | 622 |
Funded | 79 |
Series A+ | 15 |
Series B+ | 10 |
Series C+ | 10 |
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Funding Trends in the HealthTech sector in Indonesia
Total funding year-on-year in the HealthTech sector in Indonesia
The HealthTech sector in Indonesia saw a total funding of more than $362M in the last 10 years. The most amount of funding was in 2023 at more than $122M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | - |
2024 | $9M |
2023 | $122M |
2022 | $19.1M |
2021 | $88.6M |
2020 | $150K |
2019 | $98M |
2018 | $50K |
2017 | $9.05M |
Recent Funding Rounds in HealthTech in Indonesia
In the year 2025, till February 2025, HealthTech companies in Indonesia have raised equity funding across 1 round.
In the same period last year (i.e. till February 2024), HealthTech companies in Indonesia had raised $5.2M across 1 round.
Here are some recent, important funding rounds in HealthTech companies in Indonesia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6826 | Feb 17, 2025 | and 1 more | |
Series A | 9155 | Oct 01, 2024 | ||
Seed | 5797 | Apr 19, 2024 | ||
Seed | 8053 | Mar 22, 2024 | ||
Series C | 1473 | Feb 21, 2024 |
Top Investors in HealthTech in Indonesia
Plug and Play Tech Center is the top investor in HealthTech companies in Indonesia based on number of companies invested.
Here are some top investors in HealthTech companies in Indonesia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
New York City (United States) | - | |
San Jose (United States) | ||
Washington, DC (United States) | - | |
Tokyo (Japan) |
M&A activity in HealthTech sector in Indonesia
In the year 2023, till July 2023, 1 acquisition happened in HealthTech sector in Indonesia.
Here are some recent, important acquisitions in HealthTech sector in Indonesia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 05, 2023 | ||
Business Acquisition | Jul 18, 2019 | ||
Business Acquisition | 2007 |
Acquisition trends in HealthTech sector in Indonesia
Here are the acquisition trends in HealthTech sector in Indonesia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | - |
2020 | - |
2019 | 1 |
2018 | - |
2017 | - |
2016 | - |
Colleges which produce the most HealthTech companies in Indonesia
Companies founded by alumni from top colleges in the HealthTech in Indonesia
Most number of HealthTech startups in Indonesia have been founded by alumni from Harvard Business School, Carnegie Mellon University and Harvard University.
College | No. of companies |
|---|---|
Harvard Business School | 3 |
Carnegie Mellon University | 2 |
Harvard University | 2 |
Massachusetts Institute of Technology | 2 |
Nanyang Technological University (NTU) | 2 |
Duke University | 1 |
INSEAD | 1 |
Imperial College London | 1 |
Kellogg School of Management | 1 |
National University of Singapore (NUS) | 1 |
Total funding in HealthTech companies founded by alumni from top colleges in Indonesia
In the last 10 years, Carnegie Mellon University graduates' HealthTech companies in Indonesia have raised the most funding among top colleges. Harvard Business School and Harvard University alumni are second.
College | Total Funding |
|---|---|
Carnegie Mellon University | $258M |
Harvard Business School | $4.3M |
Harvard University | $4.3M |
Kellogg School of Management | $150K |
Duke University | - |
INSEAD | - |
Imperial College London | - |
Massachusetts Institute of Technology | - |
Nanyang Technological University (NTU) | - |
National University of Singapore (NUS) | - |
Top News in HealthTech in Indonesia
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Alodokter sees stagnant revenue, cuts losses by half in 2022Tech in Asia•Feb 23, 2024•Alodokter, SoftBank Group
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Halodoc Trusts PingSafe to Secure Their Cloud InfrastructureBusiness Wire•May 26, 2023•PingSafe, Halodoc
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Indonesian digital derma startup Diri Care scores $4.3M in seed fundingMobiHealthNews•Aug 11, 2022•Diri Care, East Ventures, Sequoia Capital, Surge and 1 other
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Zivame appoints Monish Kaul as chief technology and product officerPeople Matters•Aug 02, 2022•Zivame, Halodoc
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