About HealthTech sector in United Kingdom
The HealthTech sector in United Kingdom comprises 11.4K companies, including 1.69K funded companies having collectively raised $13.9B in venture capital money and private equity. Out of these, 750 are Series A+ funded, and 5 have achieved unicorn status.
HealthTech sector in United Kingdom has seen 404 acquisitions and 69 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 United Kingdom
There are 11,406 HealthTech startups in United Kingdom which include Babylon, Elvie, Flo, Huma, Oviva. Out of these, 1,686 startups are funded, with 750 having secured Series A+ funding, and 5 achieving unicorn status.
2026 has seen the creation of 6 HealthTech startups in United Kingdom. Over the past 10 years, an average of 577 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, University of Oxford and Imperial College London.
Here is the list of top HealthTech startups in United Kingdom
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1. Babylon
Online platform offering healthcare services. It provides consultations with doctors for monitoring and diagnostics of various diseases. Users can also book an appointment for their treatment and it delivers a prescription for medications. Users can access symptom checkers and health checks by using an app.
Key facts about Babylon
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Public
- Total Funding till date: $735M
- Investors: Kinnevik, and 11 Others
- Latest Funding Round: Post IPO, Oct 17, 2022, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 1 of 187 Competitors
2. Elvie
Internet first brand offering wearable breast pumps. The portable wearable breast pump is worn inside a nursing bra for allowing women to pump milk, anywhere and anytime. The device is compatible with both Android and iOS devices and allows users to monitor milk volume in real-time, track pumping history for each breast and control the pump remotely.
Key facts about Elvie
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $158M
- Investors: IPGL, Westerly Winds and 25 Others
- Latest Funding Round: Series C, Apr 26, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 5 Competitors
3. Flo
Provider of AI based mobile app that tracks and predicts menstrual cycles. It helps to tracks and predicts menstrual cycles, ovulation, and fertile days. The AI powered application also offers personalized daily health insights and an online community of experts and peers to discuss health related issues. The application helps women to enhance the chance of conception with predicted ovulation and fertile day.
Key facts about Flo
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $269M
- Investors: Flint Capital Solution, VNV Global and 11 Others
- Latest Funding Round: Series C, Jul 30, 2024, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 68 Competitors
4. Huma
Provider of suite of apps for patients and doctors. The products are remote patient monitoring, mental health digital medicine, blood pressure monitoring app. Medopad has created a COVID-19 specific remote patient monitoring app and healthcare provider telemedicine portal. Biobeats are an app and wearable device measures health data such as heart rate variability, sleep patterns, activity, and mood are collected in realtime for employees. It provides continuous blood pressure monitoring without a cuff.
Key facts about Huma
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $355M
- Investors: Astrazeneca, Hitachi Ventures and 98 Others
- Latest Funding Round: Series D, Apr 25, 2025, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 3 of 748 Competitors
5. Oviva
Provider of an online nutritional consultation platform for patients. The application platform helps users with a certified dietitian to manage their diet regimen and physical lifestyle routines. The dietitian offers personalized guidance based on their needs and answers user's questions in regard to dietary management solutions. They also help users to track their daily activities for better health outcomes. The app gives daily motivation and tips to users to reach their goals.
Key facts about Oviva
- Founded Year: 2014
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $118M
- Investors: Sofina, Temasek and 19 Others
- Latest Funding Round: Series D, Jan 22, 2026, $*****
- Tracxn Score: 73/100 What is this?
Companies founded year-on-year in the HealthTech sector in United Kingdom
6 new startups have been founded so far in 2026 in the HealthTech sector in United Kingdom. 1,486 HealthTech startups in United Kingdom 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 | 6 |
2025 | 71 |
2024 | 201 |
2023 | 384 |
2022 | 412 |
2021 | 773 |
2020 | 1,486 |
2019 | 1,022 |
2018 | 779 |
2017 | 645 |
Stage-wise distribution of HealthTech sector companies in United Kingdom
Out of the total 11,406 HealthTech companies in United Kingdom, 1,686 have secured funding. Among them, 750 have reached Series A or higher, and 562 to Series B or beyond.
Founded - 11,406
Funded - 1,686
Series A+ - 750
Series B+ - 562
Series C+ - 512
Company Stage | No. of companies |
|---|---|
Founded | 11,406 |
Funded | 1,686 |
Series A+ | 750 |
Series B+ | 562 |
Series C+ | 512 |
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Funding Trends in the HealthTech sector in United Kingdom
Total funding year-on-year in the HealthTech sector in United Kingdom
The HealthTech sector in United Kingdom saw a total funding of more than $11.5B in the last 10 years. The most amount of funding was in 2021 at more than $2.29B. There has been a total funding of $193M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $193M |
2025 | $1.51B |
2024 | $1.05B |
2023 | $916M |
2022 | $1.49B |
2021 | $2.29B |
2020 | $1.07B |
2019 | $1.45B |
2018 | $1.05B |
2017 | $520M |
Recent Funding Rounds in HealthTech in United Kingdom
In the year 2026, till April 2026, HealthTech companies in United Kingdom have raised $177M in equity funding across 34 rounds.
In the same period last year (i.e. till April 2025), HealthTech companies in United Kingdom had raised $915M across 43 rounds.
So, 2026 has seen a 80.64% drop in funding in HealthTech companies in United Kingdom as compared to 2025.
Here are some recent, important funding rounds in HealthTech companies in United Kingdom:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 7986 | Apr 16, 2026 | ||
Series B | 5661 | Apr 14, 2026 | ||
Series A | 3369 | Mar 23, 2026 | ||
Seed | 3658 | Mar 18, 2026 | and 1 more | |
Series A | 8767 | Mar 17, 2026 |
Top Investors in HealthTech in United Kingdom
General Catalyst is the top investor in HealthTech companies in United Kingdom based on number of companies invested.
Here are some top investors in HealthTech companies in United Kingdom:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Cambridge (United States) | ||
Sunnyvale (United States) | ||
Menlo Park (United States) | Peanut and Novalar Pharm | |
San Francisco (United States) | ||
Cambridge (United States) |
M&A activity in HealthTech sector in United Kingdom
In the year 2026, till April 2026, 8 acquisitions happened in HealthTech sector in United Kingdom. Last year, in 2025, a total of 34 acquisitions happened in HealthTech sector in United Kingdom.
Here are some recent, important acquisitions in HealthTech sector in United Kingdom:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 01, 2026 | ||
Business Acquisition | Mar 24, 2026 | ||
Business Acquisition | Mar 02, 2026 | ||
Business Acquisition | Feb 23, 2026 | ||
Business Acquisition | Feb 17, 2026 |
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Acquisition trends in HealthTech sector in United Kingdom
Here are the acquisition trends in HealthTech sector in United Kingdom:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 8 |
2025 | 34 |
2024 | 31 |
2023 | 40 |
2022 | 56 |
2021 | 50 |
2020 | 35 |
2019 | 22 |
2018 | 25 |
2017 | 29 |
IPOs in HealthTech in United Kingdom
In the year 2022, till April 2022, 2 IPOs happened in HealthTech sector in United Kingdom.
Here are some recent, important IPOs in HealthTech sector in United Kingdom:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 25, 2022 | Euronext Exchange (Euronext) | |
Mar 10, 2022 | Canadian Securities Exchange (CSE) | |
Oct 22, 2021 | New York Stock Exchange (NYSE) | |
Oct 01, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Aug 20, 2021 | Canadian Securities Exchange (CSE) |
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Colleges which produce the most HealthTech companies in United Kingdom
Companies founded by alumni from top colleges in the HealthTech in United Kingdom
Most number of HealthTech startups in United Kingdom have been founded by alumni from University of Cambridge, University of Oxford and Imperial College London.
College | No. of companies |
|---|---|
University of Cambridge | 162 |
University of Oxford | 158 |
Imperial College London | 129 |
University College London | 78 |
King’s College London | 46 |
University of Bristol | 42 |
University of Manchester | 27 |
London School of Economics and Political Science | 24 |
University of Warwick | 23 |
INSEAD | 22 |
Total funding in HealthTech companies founded by alumni from top colleges in United Kingdom
In the last 10 years, University College London graduates' HealthTech companies in United Kingdom have raised the most funding among top colleges. University of Cambridge alumni are second, and University of Oxford alumni are third.
College | Total Funding |
|---|---|
University College London | $1.77B |
University of Cambridge | $1.65B |
University of Oxford | $1.07B |
Imperial College London | $813M |
Carnegie Mellon University | $397M |
Stanford University | $316M |
University of Manchester | $304M |
Kellogg School of Management | $287M |
King’s College London | $207M |
University of Bristol | $201M |
Top News in HealthTech in United Kingdom
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Holland & Barrett bets on high street with public health pivotCity A.M.•Apr 08, 2026•Holland & Barrett
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TikTok Off-site Performance Analysis to measure incremental salesChannelX•Mar 16, 2026•Holland & Barrett
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Cole Haan Expands into New Golf Apparel Category for Spring 2026MR Magazine•Mar 06, 2026•Cole Haan, Catapult
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Holland & Barrett sales boosted by TikTok trends, as losses widenRetail Gazette•Mar 03, 2026•Holland & Barrett
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Revenues near £1bn at Holland & Barrett as historic retailer investsInsider Media•Mar 03, 2026•Holland & Barrett
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VitalityHealth partners with HealthHero to expand virtual GP capacitylaingbuissonnews.com•Feb 26, 2026•Health Hero Network, Vitality Healthcare
