About HealthTech sector in Southeast Asia
Top HealthTech Companies in Southeast Asia
Here is the list of top HealthTech startups in Southeast Asia
1. SwipeRx
Key facts about SwipeRx
- Founded Year: 2012
- Location: Singapore (Singapore)
- Stage: Series B
- Total Funding till date: $10M
- Investors: Sanofi, Johnson & Johnson and 14 Others
- Latest Funding Round: Series B, Feb 09, 2023, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 1 of 25 Competitors
2. Alodokter
Key facts about Alodokter
- Founded Year: 2014
- Location: Jakarta (Indonesia)
- Stage: Series C
- Total Funding till date: $49.7M
- Investors: MDI Ventures, Beacon VC and 19 Others
- Latest Funding Round: Series C, Feb 21, 2024, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 4 of 1,912 Competitors

3. Docquity
Key facts about Docquity
- Founded Year: 2011
- Location: Singapore (Singapore)
- Stage: Series C
- Total Funding till date: $57.5M
- Investors: ITOCHU, Genesia Ventures and 20 Others
- Latest Funding Round: Series C, Aug 18, 2022, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 3 of 335 Competitors

4. MaNaDr
Key facts about MaNaDr
- Founded Year: 2016
- Location: Singapore (Singapore)
- Stage: Public
- Total Funding till date: $7.34M
- Investors: Yorkville Advisors and White Group
- Latest Funding Round: Post IPO, Feb 19, 2025, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 6 of 1,912 Competitors

5. Intellect
Key facts about Intellect
- Founded Year: 2019
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $22.2M
- Investors: Insignia Ventures Partners, Tiger Global Management and 39 Others
- Latest Funding Round: Series A, Sep 15, 2026, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 12 of 1,526 Competitors
Companies founded year-on-year in the HealthTech sector in Southeast Asia
43 new startups have been founded so far in 2026 in the HealthTech sector in Southeast Asia. 525 HealthTech startups in Southeast Asia 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 | 43 |
2025 | 66 |
2024 | 96 |
2023 | 133 |
2022 | 187 |
2021 | 319 |
2020 | 525 |
2019 | 395 |
2018 | 309 |
2017 | 253 |
Stage-wise distribution of HealthTech sector companies in Southeast Asia
Out of the total 3,815 HealthTech companies in Southeast Asia, 459 have secured funding. Among them, 109 have reached Series A or higher, and 64 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 3,815 |
Funded | 459 |
Series A+ | 109 |
Series B+ | 64 |
Series C+ | 58 |
Funding Trends in the HealthTech sector in Southeast Asia
Total funding year-on-year in the HealthTech sector in Southeast Asia
The HealthTech sector in Southeast Asia saw a total funding of more than $1.48B in the last 10 years. The most amount of funding was in 2023 at more than $398M. There has been a total funding of $35.7M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $35.7M |
2025 | $71.5M |
2024 | $37.5M |
2023 | $398M |
2022 | $314M |
2021 | $242M |
2020 | $93.7M |
2019 | $182M |
2018 | $51.5M |
2017 | $58.2M |
Recent Funding Rounds in HealthTech in Southeast Asia
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 7683 | Sep 22, 2026 | ||
Series A | 4180 | Sep 15, 2026 | ||
Seed | 9585 | Aug 14, 2026 | ||
Seed | 1695 | Jun 22, 2026 | ||
Seed | 6376 | Jun 18, 2026 | - |
Top Investors in HealthTech in Southeast Asia
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Singapore (Singapore) | ||
Ho Chi Minh City (Vietnam) | ||
Menlo Park (United States) | ||
Menlo Park (United States) | - |
M&A activity in HealthTech sector in Southeast Asia
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 18, 2026 | ||
Business Acquisition | Aug 28, 2025 | ||
Business Acquisition | Jun 09, 2025 | ||
Business Acquisition | Dec 05, 2024 | ||
Business Acquisition | Oct 11, 2024 |
Acquisition trends in HealthTech sector in Southeast Asia
Here are the acquisition trends in HealthTech sector in Southeast Asia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 2 |
2024 | 4 |
2023 | 4 |
2022 | 4 |
2021 | 5 |
2020 | 2 |
2019 | 6 |
2018 | 1 |
2017 | - |
IPOs in HealthTech in Southeast Asia
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 07, 2026 | Indonesia Stock Exchange (IDX) | |
Apr 10, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Mar 22, 2023 | Bursa Malaysia (KLSE) | |
Dec 15, 2022 | Indonesia Stock Exchange (IDX) | |
Aug 06, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most HealthTech companies in Southeast Asia
Companies founded by alumni from top colleges in the HealthTech in Southeast Asia
Most number of HealthTech startups in Southeast Asia have been founded by alumni from National University of Singapore (NUS), Nanyang Technological University (NTU) and Harvard University.
College | No. of companies |
|---|---|
National University of Singapore (NUS) | 66 |
Nanyang Technological University (NTU) | 36 |
Harvard University | 14 |
Harvard Business School | 10 |
Stanford University | 10 |
Massachusetts Institute of Technology | 9 |
Singapore Management University (SMU) | 8 |
INSEAD | 7 |
University of Oxford | 7 |
London School of Economics and Political Science | 6 |
Total funding in HealthTech companies founded by alumni from top colleges in Southeast Asia
In the last 10 years, Carnegie Mellon University graduates' HealthTech companies in Southeast Asia have raised the most funding among top colleges. National University of Singapore (NUS) alumni are second, and Booth School of Business alumni are third.
College | Total Funding |
|---|---|
Carnegie Mellon University | $266M |
National University of Singapore (NUS) | $236M |
Booth School of Business | $137M |
University of Chicago | $137M |
Harvard University | $94.9M |
Tel Aviv University | $80M |
Nanyang Technological University (NTU) | $64.3M |
Harvard Business School | $45.5M |
Massachusetts Institute of Technology | $34.8M |
Duke University | $33M |