About HealthTech sector in North America
The HealthTech sector in North America comprises 61.4K companies, including 13.9K funded companies having collectively raised $293B in venture capital money and private equity. Out of these, 6.81K are Series A+ funded, and 127 have achieved unicorn status.
HealthTech sector in North America has seen 3.63K acquisitions and 330 IPOs. This represents almost 6.4% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
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 North America
There are 61,370 HealthTech startups in North America which include athenahealth, Medidata, Hinge Health, Zocdoc, Verily. Out of these, 13,907 startups are funded, with 6,810 having secured Series A+ funding, and 127 achieving unicorn status.
2026 has seen the creation of 590 HealthTech startups in North America. Over the past 10 years, an average of 3,116 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard University, Stanford University and Massachusetts Institute of Technology.
Here is the list of top HealthTech startups in North America
1. athenahealth
Cloud-based administrative tool for healthcare providers. The company has developed EHR, practice management, and population health solutions. The features include EHR, practice management, revenue cycle management (RCM), patient engagement, population health services, care coordination, clinical decision support, and more.
Key facts about athenahealth
- Founded Year: 1997
- Location: Watertown (United States)
- Stage: Acquired
- Total Funding till date: $49.1M
- Investors: Draper Richards, The Lambda Funds and 12 Others
- Latest Funding Round: Series B, Apr 27, 2004, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 4,203 Competitors
2. Medidata
AI-based clinical trial management software for researchers. It offers a platform for data analysis, research experiment protocol designing, trail planning, supply, clinical management, and data management among others. The company has developed products such as CATIA R2021x, 3DEXPERIENCE, ENOVIA, BIOVIA, and more which assist with the drug discovery process.
Key facts about Medidata
- Founded Year: 1999
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $41.5M
- Investors: TFS, Insight Partners and 11 Others
- Latest Funding Round: Unattributed, Nov 06, 2023, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 356 Competitors
3. Hinge Health
Provider of virtual physical therapy and digital pain care solutions. It offers personalized care combining expert clinical care and advanced technology. The platform includes exercise demonstrations, personalized goal setting, and communication with a care team. A women's pelvic health program is also available, addressing various needs throughout a woman's life. The company aims to improve mobility, aid injury recovery, and prepare patients for surgery.
Key facts about Hinge Health
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $854M
- Investors: Tiger Global Management, Coatue and 14 Others
- Latest Funding Round: Series E, Oct 22, 2021, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 478 Competitors
4. Zocdoc
ZocDoc is an online platform that helps patients to find health practitioners according to location, specialty insurance and book an appointment online. Provides scheduling software for medical personnel at the backend which can be accessed both at Zocdoc and at the professional's website. Introduced ZocDoc Check-In feature that allows patients to fill out their medical forms online in advance of their visit and saves the information for future visits as well. Pricing based on monthly subscription. The service, used by more than 4 million patients/month, serving around 60% of the U.S. population.
Key facts about Zocdoc
- Founded Year: 2007
- Location: New York City (United States)
- Stage: Series E
- Total Funding till date: $426M
- Investors: DST Global, Baillie Gifford and 38 Others
- Latest Funding Round: Series E, Feb 11, 2021, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 2,361 Competitors
5. Verily
A data platform and technology company purpose-built to power AI-enabled precision health. The company combine deep clinical, regulatory, and technological expertise to provide customers with patient-centric solutions that make healthcare more personal and precise. The solutions are designed to make healthcare data AI-ready and fit for purpose across care, research, and public health.
Key facts about Verily
- Founded Year: 2015
- Location: Dallas (United States)
- Stage: Series D
- Total Funding till date: $2.8B
- Investors: Silver Lake, Temasek and 9 Others
- Latest Funding Round: Series D, Mar 18, 2026, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 2 of 683 Competitors
Companies founded year-on-year in the HealthTech sector in North America
590 new startups have been founded so far in 2026 in the HealthTech sector in North America. 7,549 HealthTech startups in North America 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 |
|---|---|
2026 | 590 |
2025 | 419 |
2024 | 1,256 |
2023 | 2,068 |
2022 | 2,359 |
2021 | 3,665 |
2020 | 7,549 |
2019 | 5,283 |
2018 | 4,362 |
2017 | 3,614 |
Stage-wise distribution of HealthTech sector companies in North America
Out of the total 61,370 HealthTech companies in North America, 13,907 have secured funding. Among them, 6,810 have reached Series A or higher, and 5,203 to Series B or beyond.
Founded - 61,370
Funded - 13,907
Series A+ - 6,810
Series B+ - 5,203
Series C+ - 4,564
Company Stage | No. of companies |
|---|---|
Founded | 61,370 |
Funded | 13,907 |
Series A+ | 6,810 |
Series B+ | 5,203 |
Series C+ | 4,564 |
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Funding Trends in the HealthTech sector in North America
Total funding year-on-year in the HealthTech sector in North America
The HealthTech sector in North America saw a total funding of more than $227B in the last 10 years. The most amount of funding was in 2021 at more than $42.9B. There has been a total funding of $10.4B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $10.4B |
2025 | $22.1B |
2024 | $16.2B |
2023 | $15.4B |
2022 | $25.4B |
2021 | $42.9B |
2020 | $28.6B |
2019 | $26.8B |
2018 | $24.2B |
2017 | $15.3B |
Recent Funding Rounds in HealthTech in North America
In the year 2026, till July 2026, HealthTech companies in North America have raised $9.65B in equity funding across 459 rounds.
In the same period last year (i.e. till July 2025), HealthTech companies in North America had raised $9.65B across 584 rounds.
So, 2026 has seen a 0.04% rise in funding in HealthTech companies in North America as compared to 2025.
Here are some recent, important funding rounds in HealthTech companies in North America:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6087 | Jul 30, 2026 | ||
Series A | 4949 | Jul 29, 2026 | ||
Series A | 9034 | Jul 27, 2026 | ||
Seed | 7077 | Jul 27, 2026 | and 2 more | |
Series A | 8893 | Jul 24, 2026 | - |
Top Investors in HealthTech in North America
HHS is the top investor in HealthTech companies in North America based on number of companies invested.
Here are some top investors in HealthTech companies in North America:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Mountain View (United States) | ||
New York City (United States) | ||
Arlington (United States) | ||
Boston (United States) |
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M&A activity in HealthTech sector in North America
In the year 2026, till July 2026, 116 acquisitions happened in HealthTech sector in North America. Last year, in 2025, a total of 240 acquisitions happened in HealthTech sector in North America.
Here are some recent, important acquisitions in HealthTech sector in North America:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 29, 2026 | ||
Business Acquisition | Jul 23, 2026 | ||
Business Acquisition | Jul 22, 2026 | ||
Business Acquisition | Jul 21, 2026 | ||
Business Acquisition | Jul 21, 2026 |
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Acquisition trends in HealthTech sector in North America
Here are the acquisition trends in HealthTech sector in North America:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 116 |
2025 | 240 |
2024 | 225 |
2023 | 213 |
2022 | 308 |
2021 | 468 |
2020 | 299 |
2019 | 313 |
2018 | 280 |
2017 | 283 |
IPOs in HealthTech in North America
In the year 2026, till June 2026, 7 IPOs happened in HealthTech sector in North America.
Here are some recent, important IPOs in HealthTech sector in North America:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jun 24, 2026 | Toronto Stock Exchange (TSX) | |
Apr 20, 2026 | Canadian Securities Exchange (CSE) | |
Apr 07, 2026 | Toronto Stock Exchange (TSX) | |
Mar 02, 2026 | Toronto Stock Exchange (TSX) | |
Feb 27, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most HealthTech companies in North America
Companies founded by alumni from top colleges in the HealthTech in North America
Most number of HealthTech startups in North America have been founded by alumni from Harvard University, Stanford University and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
Harvard University | 568 |
Stanford University | 497 |
Massachusetts Institute of Technology | 359 |
University of Pennsylvania | 319 |
University of California (Berkeley) | 252 |
Harvard Business School | 246 |
Columbia University | 221 |
University of California (Los Angeles) | 209 |
Cornell University | 196 |
University of Toronto | 172 |
Total funding in HealthTech companies founded by alumni from top colleges in North America
In the last 10 years, Harvard University graduates' HealthTech companies in North America have raised the most funding among top colleges. Stanford University alumni are second, and Massachusetts Institute of Technology alumni are third.
College | Total Funding |
|---|---|
Harvard University | $28.1B |
Stanford University | $21.7B |
Massachusetts Institute of Technology | $15.7B |
Harvard Business School | $14.2B |
University of California (Berkeley) | $9.68B |
Yale University | $9.11B |
Columbia University | $8.67B |
University of Pennsylvania | $8.56B |
Stanford Business School | $7.92B |
University of Oxford | $7.06B |
Top News in HealthTech in North America
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SCWorx Corp. Receives Nasdaq Partial Compliance Letter for Continued ListingGlobeNewswire•Jul 29, 2026•SCWoRx
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Elevance Health: AI is Central to Payer-Provider CoordinationHealthcare Innovation•Jul 29, 2026•Elevance Health
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HealthEx Launches HealthEx Wallet and Partners with Sharecare to Enhance Consumer Health Record AccessHealthcare Innovation•Jul 27, 2026•Sharecare
