Today's top #BusinessModel report is on HealthTech rebrand.ly/jbzsyct Get our free reports on geography of your interest to your mailbox regularly https://rb.gy/cx2upn

1. TRACXN TOP BUSINESS MODELS REPORT
March 10, 2022
HEALTHTECH

2. HealthTech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
HealthTech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. HealthTech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Funding in last 1 year
3
Healthcare IT $17.0B
Healthcare Booking Platforms $8.9B
Life Sciences Tech $8.8B
Employee Health IT $5.8B
Fitness & Wellness Tech $4.7B
Disease Self Management $4.1B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Techstars
AngelList
74
13
12
Early
Stage
General Catalyst Partners
F-Prime Capital
GV
24
15
12
Late
Stage
Tiger Global Management
SoftBank Vision Fund
General Catalyst Partners
20
14
13
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (70%)
China (6%)
India (5%)
United Kingdom (3%)
Canada (2%)
France (2%)
Germany (2%)
Others (10%)
$ Funding # Rounds
Devoted Health
(2017, United States)
$1.1B - Series D
Noom
(2008, United States)
$540M - Series F
Eikon
(2019, United States)
$518M - Series B
Medlinker
(2014, China)
$514M - Series E
Olive
(2012, United States)
$400M - Series H
Hinge Health
(2015, United States)
$400M - Series E
XtalPi
(2014, United States)
$400M - Series D
Cityblock
(2017, United States)
$400M - Series D
Insitro
(2018, United States)
$400M - Series C
IFit
(1989, United States)
$355M - PE
Carbon Health
(2015, United States)
$350M - Series D
dutchie
(2017, United States)
$350M - Series D

4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲1 Cheminformatics Software $1.7B 28 XtalPi | $400M | Series D Link
2▲4 Online Marketplace for Drugs $1.7B 38 PharmEasy | $300M | Series D Link
3▲29 Value Based Chronic Care Management $1.3B 17 Medlinker | $514M | Series E Link
4▼3 Web Based Platform for Doctor Consultation $1.1B 50 KRY | $317M | Series D Link
5<> 0 Employee Mental Health Mangement Solutions $781M 16 Lyra Health | $235M | Series F Link
6▲20 Mental Health Teleconsultation $770M 28 Cerebral | $300M | Series C Link
7▲34
Employee Behavioural Health Management
Solutions
$726M 24 Workrise | $300M | Series E Link
8▲28 Genomics Sequencing Analysis Software $714M 14 Element Biosc.. | $276M | Series C Link
9▲21 Proteomics Drug Discovery Software $691M 12 Eikon | $518M | Series B Link
10▲7 Employee Healthcare Benefits Administration $680M 26 CollectiveHea.. | $280M | Series F Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲14 Genomics Drug Discovery Software $621M 8 Insilico | $255M | Series C Link
12▲23 Smart home Gym Equipment $601M 7 Tonal | $250M | Series E Link
13▲43 Clinical Trial Patient Recruitment Platforms $595M 10 Reify Health | $220M | Series C Link
14▲20 Online Teleconsultation $592M 132 Cityblock | $400M | Series D Link
15▲224 Nutrition Planning Apps $583M 7 Noom | $540M | Series F Link
16▼12 Healthcare Booking Platforms $563M 25 Transcarent | $200M | Series C Link
17▲23 Online Caregiver Booking Platforms $558M 19 Papa | $150M | Series D Link
18▲4 Expert Led Personalized Fitness Coaching Apps $497M 4 Hinge Health | $400M | Series E Link
19<> 0 Digital Therapeutics for Physiotherapy $489M 14 Hinge Health | $400M | Series E Link
20▲51 Stress and Anxiety Management Apps $468M 7 Cerebral | $300M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▼11
Healthcare IT > Provider > Administrative Solutions
> Suite
$451M 12 Olive | $400M | Series H Link
22▲36 Decentralized Clinical Trial Management $418M 4 Medable | $304M | Series D Link
23▼15 White label Telehealth Platform $396M 31 LetsGetChecked | $150M | Series D Link
24▲73
Healthcare IT > Horizontal > Collaboration Platforms
> Interoperability > Suite
$395M 3 TigerConnect | $300M | Series E Link
25▲39 Body Chemistry Monitoring Devices $370M 3 Cue Health | $235M | Series D Link
26▲85 Health Insurance Marketplace For Employers $367M 8 Betterfly | $125M | Series C Link
27<> 0 Blood Glucose Monitoring Apps $345M 6 Twin | $155M | Series C Link
28▲9 Radiological Image Analysis Softwares $344M 54 EDDA Technology | $150M | Series D Link
29▲45 Life Science R&D Workflow Management Software $335M 8 Benchling | $200M | Series E Link
30▼1 Online Doctor Appointment Booking Platform $325M 24 Twin | $155M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲77
Healthcare IT > Provider > Telemedicine Solutions >
Tele-Consultation > Providers > Behaviora..
$321M 5 SonderMind | $242M | Series C Link
32▲142 Online Gym Membership Pass $316M 3 Gympass | $220M | Series E Link
33▲55 Chemoproteomics Software $301M 6 Seismic | $101M | Series A Link
34▼18 Remote Patient Monitoring $288M 34 Linus Health | $55.0M | Series B Link
35--
Self-Funded Health Insurance Administration for
Employers
$284M 2 CollectiveHea.. | $280M | Series F Link
36▼18 Digital Therapeutics for Mental Disorders $282M 15 Akili | $110M | Series D Link
37▲13 Healthcare Data Management $281M 24 Truveta | $95.0M | Series A Link
38▲107 Healthcare Data Analysis for Drug Discovery $277M 6 Verana Health | $150M | Series E Link
39▲18
Healthcare IT > Value Based Care > Patient
Engagement > Suite Solutions
$263M 19 Cadence | $103M | Series B Link
40▲200 Tech First Medical Clinics $258M 4 Carbon Health | $350M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Computerized Physician Order Entry Solutions $250M 6 Alto | $200M | Series E Link
42-- Life Science Coworking Labs $250M 1 SmartLabs | $250M | Series B Link
43▲113 Physiotherapy Motion Tracking $250M 5 SWORD Health | $163M | Series D Link
44▲2 Fitness Wristwear $246M 7 Whoop | $200M | Series F Link
45▲7 Clinical Data Analysis Platforms $243M 15 iCarbonX | $151M | Series D Link
46▲46 EHR Facilitator Softwares $242M 8 Notable | $100M | Series B Link
47▲14 Symptom Tracking Solutions $236M 9 AskTia | $100M | Series B Link
48▲39 Disease Risk Assessment Solutions $232M 12 Lark Technolo.. | $100M | Series D Link
49--
Randomization & Trial Supply Management
Software
$230M 2 4G Clinical | $230M | Series C Link
50▲30 Digital Therapeutics for Chronic Conditions $230M 6 Omada Health | $192M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Cheminformatics Software
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.7B (▼1.4%)
28(▼3.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$4.9B
150
7
306
26
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Discovery (Human Longevity)
(# Cos: 1198 | $12.2B)
Cheminformatics (Exscientia)
(# Cos: 306 | $4.9B)
Exscientia
(2012, United Kingdom, $429M)
ATAI
(2018, Germany, $387M)
Schrodinger
(1990, United States, $162M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
XtalPi (2014, United States)
$400M - Series D - Aug 2021
Insitro (2018, United States)
$400M - Series C - Mar 2021
Exscientia (2012, United Kingdom)
$225M - Series D - Apr 2021
InterVenn (2017, United States)
$201M - Series C - Aug 2021
Owkin (2016, France)
$180M - Series B - Nov 2021
HotSpot Thera.. (2017, United States)
$100M - Series C - Nov 2021
METiS (2021, United States)
$86.0M - Series A - Dec 2021
View all 28 Funding Rounds on Tracxn Platform

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Marketplace for Drugs
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.7B (▲113%)
38(▼22.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
60
$6.7B
256
11
3311
27
Healthcare Booking Platforms (MyHeritage)
(# Cos: 17969 | $35.8B)
Pharmacies (GoodRx)
(# Cos: 5890 | $9.5B)
Drugs (Hims)
(# Cos: 3509 | $8.2B)
Diversified (PharmEasy)
(# Cos: 3311 | $6.7B)
PharmEasy
(2015, India, $1.1B)
Netmeds.com
(2015, India, $109M)
Pharmacy2U
(1999, United Kingdom, $313M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PharmEasy (2015, India)
$300M - Series D - Jun 2021
Capsule (2016, United States)
$300M - Series D - Apr 2021
PharmEasy (2015, India)
$227M - Series E - Oct 2021
Jingle fast medicine (2014, China)
$220M - Series C - Jun 2021
Alto (2015, United States)
$200M - Series E - Jan 2022
PharmEasy (2015, India)
$163M - Series D - Apr 2021
Thirty Madison (2017, United States)
$141M - Series C - Jun 2021
View all 38 Funding Rounds on Tracxn Platform

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Value Based Chronic Care Management
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B (▲519%)
17(▼5.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$2.8B
145
3
368
14
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Care Coordination (PointClickCare)
(# Cos: 1660 | $5.5B)
Care Planning & Management (Birdie)
(# Cos: 1205 | $4.7B)
Chronic care (Wellframe)
(# Cos: 368 | $2.8B)
Wellframe
(2011, United States, $45.1M)
MD Revolution
(2011, United States, $56.1M)
Xealth
(2017, United States, $53.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medlinker (2014, China)
$514M - Series E - Dec 2021
Somatus (2015, United States)
$325M - Series E - Feb 2022
AllyAlign (2013, United States)
$300M - Series B - Jun 2021
Somatus (2015, United States)
$60.1M - Series C - Jun 2021
Memora Health (2015, United States)
$40.0M - Series B - Feb 2022
Xealth (2017, United States)
$25.0M - Series B - Sep 2021
Tula Health (2018, United States)
$24.0M - Series A - Jun 2021
View all 17 Funding Rounds on Tracxn Platform

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Web Based Platform for Doctor
Consultation
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.1B (▼38.1%)
50(▼27.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
47
$7.0B
423
7
3435
33
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Doctors (Plushcare)
(# Cos: 8777 | $15.0B)
Telemedicine (Dialogue)
(# Cos: 5606 | $11.1B)
Teleconsultation (Amwell)
(# Cos: 5435 | $11.0B)
Diversified (Babylon)
(# Cos: 3435 | $7.0B)
Babylon
(2013, United Kingdom, $735M)
Amwell
(2006, United States, $246M)
Plushcare
(2014, United States, $31.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
KRY (2014, Sweden)
$317M - Series D - Apr 2021
Miaoshou (2015, China)
$231M - Series F - Aug 2021
Doctor Anywhere (2015, Singapore)
$104M - Series C - Aug 2021
Calibrate (2019, United States)
$100M - Series B - Aug 2021
Halodoc (2016, Indonesia)
$80.0M - Series C - Apr 2021
Pager (2014, United States)
$70.0M - Series C - Sep 2021
Doktor.se (2016, Sweden)
$61.0M - Series D - May 2021
View all 50 Funding Rounds on Tracxn Platform

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Lyra Health (2015, United States)
$235M - Series F - Jan 2022
Lyra Health (2015, United States)
$200M - Series E - May 2021
Spring (2016, United States)
$190M - Series C - Sep 2021
aptihealth (2017, United States)
$50.0M - Series B - Nov 2021
Unmind (2016, United Kingdom)
$47.0M - Series B - May 2021
Meru Health (2016, United States)
$38.0M - Series B - Sep 2021
HelloBetter (2015, Germany)
$7.0M - Series A - Oct 2021
View all 16 Funding Rounds on Tracxn Platform
Employee Mental Health Mangement
Solutions
05
13
Back to index
Employee Health IT (Accolade)
(# Cos: 3189 | $18.2B)
Tech Enabled Services (Gympass)
(# Cos: 1987 | $11.9B)
Mental Health (Calm)
(# Cos: 232 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$781M (▼10.8%)
16(▼30.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.1B
71
-
232
11
Calm
(2012, United States, $219M)
Modern Health
(2017, United States, $172M)
Lyra Health
(2015, United States, $915M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Mental Health Teleconsultation
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$770M (▲178%)
28(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$1.5B
167
3
896
15
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Doctors (Plushcare)
(# Cos: 8777 | $15.0B)
Telemedicine (Amwell)
(# Cos: 5606 | $11.1B)
Teleconsultation (Babylon)
(# Cos: 5435 | $11.0B)
Mental Health (Dialogue)
(# Cos: 896 | $1.5B)
Dialogue
(2016, Canada, $88.2M)
Talkspace
(2011, United States, $109M)
NOCD
(2014, United States, $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cerebral (2020, United States)
$300M - Series C - Dec 2021
Cerebral (2020, United States)
$127M - Series B - Jun 2021
Headway (2012, United States)
$70.0M - Series B - May 2021
Equip (2019, United States)
$58.0M - Series B - Feb 2022
NOCD (2014, United States)
$33.0M - Series B - Sep 2021
Jiandanxinli (2014, China)
$31.5M - Series B - Dec 2021
Yidianling (2015, China)
$31.3M - Series B - Dec 2021
View all 28 Funding Rounds on Tracxn Platform

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Workrise (2015, United States)
$300M - Series E - May 2021
Ginger (2011, United States)
$100M - Series E - Mar 2021
Lark Technolo.. (2011, United States)
$100M - Series D - Sep 2021
Thrive Global (2016, United States)
$80.0M - Series C - Jul 2021
Happify (2011, United States)
$73.0M - Series D - Mar 2021
Welltok (2009, United States)
$17.4M - Series E - Apr 2021
Valera Health (2015, United States)
$15.0M - Series B - Nov 2021
View all 24 Funding Rounds on Tracxn Platform
Employee Behavioural Health
Management Solutions
07
15
Back to index
Employee Health IT (Accolade)
(# Cos: 3189 | $18.2B)
Tech Enabled Services (Gympass)
(# Cos: 1987 | $11.9B)
Behavioral Health (Magellan Health)
(# Cos: 415 | $2.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$726M (▲306%)
24(▼4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$2.6B
138
5
415
24
Magellan Health
(1969, United States, $101M)
Thrive Global
(2016, United States, $130M)
Sharecare
(2010, United States, $64.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Genomics Sequencing Analysis Software
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$714M (▲260%)
14(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
54
$3.1B
200
9
526
20
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Discovery (Exscientia)
(# Cos: 1198 | $12.2B)
Genomics (Qiagen)
(# Cos: 730 | $5.1B)
Sequencing Analysis (Human Longevity)
(# Cos: 526 | $3.1B)
Human Longevity
(2013, United States, $330M)
Qiagen
(1984, Germany)
PacBio
(2004, United States, $342M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Element Biosc.. (2017, United States)
$276M - Series C - Jun 2021
Deep Genomics (2015, Canada)
$180M - Series C - Jul 2021
Hexagon Bio (2017, United States)
$61.0M - Series B - Sep 2021
Immunitas The.. (2019, United States)
$58.0M - Series B - Aug 2021
CAMP4 (2018, United States)
$45.0M - Series B - Mar 2021
54gene (2019, Nigeria)
$25.0M - Series B - Sep 2021
SeqOne (2017, France)
$22.7M - Series A - Jan 2022
View all 14 Funding Rounds on Tracxn Platform

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Proteomics Drug Discovery Software
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$691M (▲213%)
12(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$1.8B
52
1
122
11
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Discovery (Exscientia)
(# Cos: 1198 | $12.2B)
Proteomics (Cyrus Biotechnology)
(# Cos: 122 | $1.8B)
Cyrus Biotechnology
(2014, United States, $29.3M)
Vividion Therapeutics
(2016, United States, $271M)
Biognosys
(2008, Switzerland, $9.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Eikon (2019, United States)
$518M - Series B - Jan 2022
Eikon (2019, United States)
$148M - Series A - May 2021
Seismic (2019, United States)
$101M - Series A - Feb 2022
Interline The.. (2020, United States)
$92.0M - Series C - May 2021
Frontier Medi.. (2018, United States)
$88.5M - Series B - Jul 2021
Avilar (2020, United States)
$60.0M - Seed - Nov 2021
Cyrus Biotech.. (2014, United States)
$18.4M - Series B - Dec 2021
View all 12 Funding Rounds on Tracxn Platform

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
CollectiveHea.. (2013, United States)
$280M - Series F - May 2021
Innovaccer (2014, United States)
$150M - Series E - Dec 2021
League (2014, Canada)
$95.0M - Series C - Feb 2022
League (2014, Canada)
$70.0M - Series C - Dec 2021
Betterfly (2018, Chile)
$60.0M - Series B - Jun 2021
Vim (2014, United States)
$60.0M - Series C - May 2021
Origin (2019, United States)
$56.0M - Series B - Aug 2021
View all 26 Funding Rounds on Tracxn Platform
Employee Healthcare Benefits
Administration
10
18
Back to index
Employee Health IT (Gympass)
(# Cos: 3189 | $18.2B)
Healthcare Benefits Administration (Cerner)
(# Cos: 661 | $6.0B)
Benefits Management (Accolade)
(# Cos: 463 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$680M (▲75.9%)
26(▼7.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
58
$3.7B
178
8
463
36
Accolade
(2007, United States, $213M)
Cerner
(1979, United States)
Castlight
(2008, United States, $178M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Genomics Drug Discovery Software
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$621M (▲124%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.7B
44
2
103
10
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Discovery (Exscientia)
(# Cos: 1198 | $12.2B)
Genomics (Human Longevity)
(# Cos: 730 | $5.1B)
Drug Development (DNAnexus)
(# Cos: 103 | $1.7B)
DNAnexus
(2009, United States, $473M)
Insilico
(2014, China, $310M)
Arrakis Therapeutics
(2015, United States, $113M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Insilico (2014, China)
$255M - Series C - Jun 2021
DNAnexus (2009, United States)
$200M - Series H - Mar 2022
Expansion The.. (2016, United States)
$80.0M - Series B - Sep 2021
Lifebit (2017, United Kingdom)
$60.0M - Series B - Sep 2021
Deargen (2016, South Korea)
$17.0M - Series B - Feb 2022
Nostos Genomics (2018, Germany)
$5.6M - Seed - Feb 2022
PhenoTips (2012, Canada)
$2.0M - Seed - Sep 2021
View all 8 Funding Rounds on Tracxn Platform

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Smart home Gym Equipment
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$601M (▲201%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$993M
15
-
29
4
Fitness & Wellness Tech (Fitbit)
(# Cos: 16476 | $17.8B)
Physical Fitness (Gympass)
(# Cos: 10151 | $13.8B)
Smart Exercising Equipment (Zwift)
(# Cos: 194 | $3.7B)
Smart Equipment and Accessories
(Peloton)
(# Cos: 139 | $3.7B)
Home Gyms (Mirror)
(# Cos: 29 | $993M)
Mirror
(2010, United States, $72.0M)
Tempo
(2015, United States, $398M)
Tonal
(2015, United States, $450M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tonal (2015, United States)
$250M - Series E - Mar 2021
Tempo (2015, United States)
$220M - Series C - Apr 2021
Tempo (2015, United States)
$100M - Series C - Apr 2021
Ronfic (2016, South Korea)
$30.4M - Series A - Jan 2022
AroLeap (2020, India)
$670K - Seed - Oct 2021
AkroSports (2020, Switzerland)
$11.1K - Seed - May 2021
STUDIO (2017, United States)
Undisclosed - Seed - Sep 2021

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Clinical Trial Patient Recruitment
Platforms
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$595M (▲301%)
10(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$1.2B
74
-
215
11
Life Sciences Tech (Exscientia)
(# Cos: 4923 | $27.4B)
Research & Development (Illumina)
(# Cos: 3973 | $22.9B)
Clinical Trials (Medidata)
(# Cos: 962 | $4.0B)
Scientific Sourcing (PatientsLikeMe)
(# Cos: 251 | $1.4B)
Patients (Evidation)
(# Cos: 215 | $1.2B)
Evidation
(2012, United States, $259M)
PatientsLikeMe
(2004, United States, $151M)
TrialSpark
(2014, United States, $250M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Reify Health (2012, United States)
$220M - Series C - Aug 2021
TrialSpark (2014, United States)
$156M - Series C - Sep 2021
Evidation (2012, United States)
$153M - Series E - Mar 2021
Antidote (2008, United Kingdom)
$23.2M - Series C - Jun 2021
TrialJectory (2017, United States)
$20.0M - Series A - Feb 2022
Mendel Health (2016, United States)
$18.0M - Series A - Jun 2021
BEKHealth (2016, United States)
$4.6M - Series A - Jun 2021
View all 10 Funding Rounds on Tracxn Platform

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Teleconsultation
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$592M (▲177%)
132(▼9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
77
$11.0B
815
10
5435
71
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Doctors (Dialogue)
(# Cos: 8777 | $15.0B)
Telemedicine (Amwell)
(# Cos: 5606 | $11.1B)
Teleconsultation (Babylon)
(# Cos: 5435 | $11.0B)
Babylon
(2013, United Kingdom, $735M)
Amwell
(2006, United States, $246M)
Dialogue
(2016, Canada, $88.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cityblock (2017, United States)
$400M - Series D - Sep 2021
KRY (2014, Sweden)
$317M - Series D - Apr 2021
Cerebral (2020, United States)
$300M - Series C - Dec 2021
Miaoshou (2015, China)
$231M - Series F - Aug 2021
Cityblock (2017, United States)
$192M - Series C - Mar 2021
Cerebral (2020, United States)
$127M - Series B - Jun 2021
Workit Health (2015, United States)
$118M - Series C - Oct 2021
View all 132 Funding Rounds on Tracxn Platform

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Nutrition Planning Apps
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$583M (▲6850%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$822M
49
2
516
6
Fitness & Wellness Tech (Gympass)
(# Cos: 16476 | $17.8B)
Physical Fitness (Peloton)
(# Cos: 10151 | $13.8B)
Fitness and Diet Training Apps (Healthify)
(# Cos: 6022 | $4.6B)
Nutrition (FiNC)
(# Cos: 1172 | $1.3B)
Apps (Lose It!)
(# Cos: 945 | $1.0B)
Planning (Noom)
(# Cos: 516 | $822M)
Noom
(2008, United States, $624M)
Lose It!
(2008, United States, $7.0M)
Nutrisystem
(1972, United States, $300K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Noom (2008, United States)
$540M - Series F - May 2021
Day Two (2015, United States)
$37.0M - Series C - May 2021
Vivosens (2017, United States)
$6.0M - Series A - Nov 2021
Flourish (2018, United States)
$1.0M - Seed - Dec 2021
Fitia (2021, Peru)
$125K - Seed - Sep 2021
LemonBox (2017, China)
Undisclosed - Series A - Oct 2021
Mint network (2007, China)
Undisclosed - Series D - May 2021

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms
16
24
Back to index
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Diversified (1mg)
(# Cos: 968 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$563M (▼40.2%)
25(▼7.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$3.7B
130
5
968
22
1mg
(2015, India, $141M)
MediBuddy
(2013, India, $211M)
Practo
(2008, India, $251M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Transcarent (2018, United States)
$200M - Series C - Jan 2022
MediBuddy (2013, India)
$125M - Series C - Feb 2022
Tata Digital Health (2017, India)
$67.1M - Series A - Jul 2021
Mfine (2017, India)
$48.0M - Series C - Jul 2021
CallHealth (2013, India)
$26.7M - Series C - Mar 2021
Sesame (2018, United States)
$24.0M - Series B - Apr 2021
Jio Health (2011, Vietnam)
$20.0M - Series B - Jan 2022
View all 25 Funding Rounds on Tracxn Platform

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Papa (2017, United States)
$150M - Series D - Nov 2021
Mable (2014, Australia)
$100M - Series C - Sep 2021
Honor (2014, United States)
$70.0M - Series E - Oct 2021
Papa (2017, United States)
$60.0M - Series C - Apr 2021
Patina (2020, United States)
$50.0M - Series A - Oct 2021
Homage (2016, Singapore)
$30.0M - Series C - Sep 2021
DUOS (2020, United States)
$21.2M - Series A - Feb 2022
View all 19 Funding Rounds on Tracxn Platform
Online Caregiver Booking Platforms
17
25
Back to index
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Home Healthcare (Portea)
(# Cos: 446 | $1.5B)
Caregivers (Honor)
(# Cos: 249 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$558M (▲208%)
19(▲26.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.2B
86
1
249
20
Honor
(2014, United States, $325M)
CareLinx
(2011, United States, $6.7M)
Care.com
(2006, United States, $111M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Expert Led Personalized Fitness
Coaching Apps
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$497M (▲53.2%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.0B
52
-
398
2
Fitness & Wellness Tech (Gympass)
(# Cos: 16476 | $17.8B)
Physical Fitness (Peloton)
(# Cos: 10151 | $13.8B)
Fitness and Diet Training Apps (Healthify)
(# Cos: 6022 | $4.6B)
Fitness (Aaptiv)
(# Cos: 3619 | $2.8B)
Personalized Coaching (Orig3n)
(# Cos: 433 | $1.1B)
Expert Led (Hinge Health)
(# Cos: 398 | $1.0B)
Hinge Health
(2015, United States, $845M)
Pear Sports
(2011, United States, $9.3M)
LIFT Digital
(2015, Canada, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hinge Health (2015, United States)
$400M - Series E - Oct 2021
Future (2017, United States)
$75.0M - Series C - Feb 2022
FitTime (2013, China)
$15.4M - Series C - Aug 2021
Ladder (2015, United States)
$6.5M - Seed - Nov 2021

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Physiotherapy
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$489M (▲39.1%)
14( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.7B
114
4
239
12
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Patient Engagement (Pear Therapeutics)
(# Cos: 2319 | $8.6B)
Digital Therapeutics (Livongo)
(# Cos: 596 | $4.7B)
Physiotheraphy (Hinge Health)
(# Cos: 239 | $1.7B)
Hinge Health
(2015, United States, $845M)
MindMaze
(2012, Switzerland, $224M)
Kaia Health
(2016, Germany, $125M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hinge Health (2015, United States)
$400M - Series E - Oct 2021
SWORD Health (2015, Portugal)
$163M - Series D - Nov 2021
MindMaze (2012, Switzerland)
$105M - Series B - Feb 2022
SWORD Health (2015, Portugal)
$85.0M - Series C - Jun 2021
Kaia Health (2016, Germany)
$75.0M - Series C - Apr 2021
MedRhythms (2013, United States)
$25.0M - Series B - Jul 2021
Caspar (2016, Germany)
$10.6M - Series B - Jul 2021
View all 14 Funding Rounds on Tracxn Platform

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Stress and Anxiety Management Apps
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$468M (▲375%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$721M
41
-
307
4
Disease Self Management (Dexcom)
(# Cos: 10595 | $18.8B)
Neurological Disorders (Wysa)
(# Cos: 1973 | $3.0B)
Monitoring (Simple Habit)
(# Cos: 1025 | $1.3B)
Stress and Anxiety Management
(Cerebral)
(# Cos: 419 | $786M)
App (Headspace)
(# Cos: 307 | $721M)
Headspace
(2010, United States, $178M)
Cerebral
(2020, United States, $462M)
Simple Habit
(2016, United States, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cerebral (2020, United States)
$300M - Series C - Dec 2021
Cerebral (2020, United States)
$127M - Series B - Jun 2021
Meru Health (2016, United States)
$38.0M - Series B - Sep 2021
Reveri (2004, Canada)
$1.8M - Seed - Feb 2022
Earkick (2021, United States)
$1.0M - Seed - Nov 2021
Flowly (2019)
$125K - Seed - Sep 2021
Pillar (2020, United States)
$125K - Seed - Sep 2021

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider >
Administrative Solutions > Suite
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$451M (▼16.7%)
12(▼7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
32
$2.0B
114
9
1000
11
Healthcare IT (Amwell)
(# Cos: 32375 | $82.4B)
Provider (Doximity)
(# Cos: 24223 | $46.9B)
Administrative Solutions (Zocdoc)
(# Cos: 9969 | $13.0B)
Suite (Allscripts)
(# Cos: 1000 | $2.0B)
Allscripts
(1982, United States)
NextGen Healthcare Inf..
(1974, United States)
Olive
(2012, United States, $902M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Olive (2012, United States)
$400M - Series H - Jul 2021
Xisoft Technology (2018, China)
$15.8M - Series B - Mar 2022
Xisoft Technology (2018, China)
$15.6M - Series A - May 2021
WellBeam (2019, United States)
$7.7M - Series A - Oct 2021
Prehos (2013, Canada)
$5.7M - Seed - Feb 2022
Ringmaster Te.. (2018, United States)
$5.0M - Series A - Jul 2021
Zi.Care (2018, Indonesia)
$500K - Seed - Aug 2021
View all 12 Funding Rounds on Tracxn Platform

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Decentralized Clinical Trial Management
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$418M (▲215%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$560M
4
-
8
3
Life Sciences Tech (Exscientia)
(# Cos: 4923 | $27.4B)
Research & Development (Illumina)
(# Cos: 3973 | $22.9B)
Clinical Trials (Medidata)
(# Cos: 962 | $4.0B)
Study Implementation (4G Clinical)
(# Cos: 494 | $1.9B)
CTMS and EDC (Florence)
(# Cos: 457 | $1.5B)
CTMS (Clinical Ink)
(# Cos: 278 | $1.0B)
Decentralized Clinical Trials
(Medable)
(# Cos: 8 | $560M)
Medable
(2012, United States, $521M)
Curebase
(2017, United States, $19.0M)
Hawthorne Effect
(2015, United States, $20.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medable (2012, United States)
$304M - Series D - Oct 2021
Medable (2012, United States)
$78.0M - Series C - Apr 2021
Hawthorne Eff.. (2015, United States)
$20.0M - Series A - Jun 2021
Curebase (2017, United States)
$16.4M - Series A - May 2021

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
White label Telehealth Platform
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$396M (▼38.3%)
31(▼24.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$2.8B
208
5
1167
24
Healthcare IT (Cerner)
(# Cos: 32375 | $82.4B)
Provider (Doximity)
(# Cos: 24223 | $46.9B)
Telemedicine Solutions (SonderMind)
(# Cos: 2540 | $4.9B)
Tele-health Platform (Amwell)
(# Cos: 1167 | $2.8B)
Amwell
(2006, United States, $246M)
Amwell
(2006, United States, $711M)
Teladoc Health
(2002, United States, $10.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LetsGetChecked (2014, Ireland)
$150M - Series D - Jun 2021
Tata Digital Health (2017, India)
$67.1M - Series A - Jul 2021
aptihealth (2017, United States)
$50.0M - Series B - Nov 2021
eVisit (2013, United States)
$45.0M - Series B - Sep 2021
Jiandanxinli (2014, China)
$31.5M - Series B - Dec 2021
Summus Global (2015, United States)
$22.0M - Series C - Feb 2022
Summus Global (2015, United States)
$21.0M - Series B - Apr 2021
View all 31 Funding Rounds on Tracxn Platform

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Horizontal > Collaboration
Platforms > Interoperability > Suite
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$395M (▲557%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$646M
29
1
89
5
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Horizontal (CitiusTech)
(# Cos: 1356 | $8.3B)
Collaboration Platforms (PokitDok)
(# Cos: 678 | $2.5B)
Interoperability (HealthVerity)
(# Cos: 353 | $1.6B)
Suite (TigerConnect)
(# Cos: 89 | $646M)
TigerConnect
(2010, United States, $426M)
Health Gorilla
(2011, United States, $80.0M)
VEDA
(2015, United States, $55.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TigerConnect (2010, United States)
$300M - Series E - Jan 2022
Health Gorilla (2011, United States)
$50.0M - Series C - Mar 2022
VEDA (2015, United States)
$45.0M - Series B - Jul 2021

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Body Chemistry Monitoring Devices
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$370M (▲224%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$752M
27
3
42
6
Disease Self Management (Dexcom)
(# Cos: 10595 | $18.8B)
Body Health Parameters (Azumio)
(# Cos: 792 | $2.0B)
Monitoring (Withings)
(# Cos: 792 | $2.0B)
Body Chemistry (Sano Intelligence)
(# Cos: 42 | $752M)
Device (Cue Health)
(# Cos: 42 | $752M)
Cue Health
(2010, United States, $406M)
Sano Intelligence
(2011, United States, $24.1M)
Athelas
(2016, United States, $136M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cue Health (2010, United States)
$235M - Series D - May 2021
Athelas (2016, United States)
$132M - Series A - Jan 2022
Bisu (2003, Japan)
$3.2M - Seed - Oct 2021

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Health Insurance Marketplace For
Employers
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$367M (▲699%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$758M
17
1
25
7
Employee Health IT (Gympass)
(# Cos: 3189 | $18.2B)
Healthcare Benefits Administration (Accolade)
(# Cos: 661 | $6.0B)
Benefits Marketplace (Amino)
(# Cos: 115 | $1.1B)
Health Insurance (CXA Group)
(# Cos: 25 | $758M)
CXA Group
(2013, Singapore, $58.0M)
Ottonova
(2015, Germany, $146M)
eHealth
(1997, United States, $44.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Betterfly (2018, Chile)
$125M - Series C - Feb 2022
Gravie (2013, United States)
$75.0M - Series E - Mar 2022
Betterfly (2018, Chile)
$60.0M - Series B - Jun 2021
Ottonova (2015, Germany)
$47.4M - Series E - Aug 2021
Gravie (2013, United States)
$28.6M - Series D - Mar 2021
Sana Benefits (2017, United States)
$20.0M - Series A - Oct 2021
Nova (2020, India)
$10.0M - Series A - Sep 2021
View all 8 Funding Rounds on Tracxn Platform

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Blood Glucose Monitoring Apps
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$345M (▲40.8%)
6(▼57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.1B
67
-
377
12
Disease Self Management (Withings)
(# Cos: 10595 | $18.8B)
Diabetes (BeatO)
(# Cos: 649 | $3.2B)
Monitoring (Livongo)
(# Cos: 646 | $3.2B)
Glucose (Dexcom)
(# Cos: 635 | $3.2B)
App (Glooko)
(# Cos: 377 | $1.1B)
Glooko
(2010, United States, $115M)
Virta
(2014, United States, $402M)
Twin
(2018, United States, $169M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Twin (2018, United States)
$155M - Series C - Oct 2021
Virta (2014, United States)
$133M - Series E - Apr 2021
Glooko (2010, United States)
$30.0M - Series D - Mar 2021
Dr. Diary Co (2017, South Korea)
$12.2M - Series B - Mar 2022
Glytec Systems (2005, United States)
$12.0M - Series B - Apr 2021
Hedia (2015, Denmark)
$3.4M - Series A - Dec 2021

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
EDDA Technology (2003, United States)
$150M - Series D - Apr 2021
Shukun Technology (2017, China)
$108M - Series D - Aug 2021
AIdoc (2016, Israel)
$66.0M - Series C - Jul 2021
Lunit (2013, South Korea)
$61.0M - Series C - Nov 2021
ScreenPoint (2014, Netherlands)
$28.0M - Series C - Jul 2021
Lunit (2013, South Korea)
$26.0M - Series C - Jul 2021
DeepSight (2019, United States)
$25.0M - Series A - Oct 2021
View all 54 Funding Rounds on Tracxn Platform
Radiological Image Analysis Softwares
28
36
Back to index
Clinical Labs IT (Viz.ai)
(# Cos: 2084 | $5.5B)
Radiology (Siemens Healthineers)
(# Cos: 1226 | $4.1B)
Image Analysis (Zebra Medical Vision)
(# Cos: 897 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$344M (▲73.8%)
54( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
39
$3.7B
368
19
897
50
Zebra Medical Vision
(2014, Israel, $50.0M)
Siemens Healthineers
(2016, Germany)
HeartFlow
(2007, United States, $622M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Science R&D Workflow
Management Software
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$335M (▲254%)
8(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$550M
17
-
50
4
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Informatics (NantHealth)
(# Cos: 779 | $4.6B)
R&D Workflow Management
(Benchling)
(# Cos: 50 | $550M)
Benchling
(2012, United States, $412M)
Curoverse
(2010, United States, $1.7M)
Standigm
(2015, South Korea, $68.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Benchling (2012, United States)
$200M - Series E - Apr 2021
Benchling (2012, United States)
$100M - Series F - Nov 2021
Code Ocean (2014, United States)
$15.0M - Series A - May 2021
Intelligencia (2018, United States)
$13.8M - Series A - Aug 2021
Standigm (2015, South Korea)
$10.0M - Series C - Jul 2021
Catalytic DS (2010, United States)
$5.8M - Series A - Jun 2021
Seqera Labs (2018, Spain)
$5.5M - Seed - Sep 2021
View all 8 Funding Rounds on Tracxn Platform

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Doctor Appointment Booking
Platform
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$325M (▲46.5%)
24(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$2.0B
187
2
1441
20
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Doctors (Babylon)
(# Cos: 8777 | $15.0B)
Appointment Booking (Solv)
(# Cos: 1713 | $2.1B)
Diversified (Zocdoc)
(# Cos: 1441 | $2.0B)
Zocdoc
(2007, United States, $375M)
Solv
(2016, United States, $95.0M)
DocPlanner
(2011, Poland, $141M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Twin (2018, United States)
$155M - Series C - Oct 2021
Linc'well (2018, Japan)
$69.3M - Series C - Nov 2021
Solv (2016, United States)
$45.0M - Series C - Sep 2021
Avi Medical (2020, Germany)
$34.7M - Series A - Jun 2021
eka.care (2021, India)
$4.5M - Seed - Jul 2021
WebDoctor (2014, Ireland)
$3.5M - Series A - Sep 2021
Healthwire (2014, Pakistan)
$3.3M - Series A - Dec 2021
View all 24 Funding Rounds on Tracxn Platform

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Telemedicine Solutions > Tele-
Consultation > Providers > Behavioral Health
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$321M (▲543%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$467M
17
-
43
5
Healthcare IT (Cerner)
(# Cos: 32375 | $82.4B)
Provider (Doximity)
(# Cos: 24223 | $46.9B)
Telemedicine Solutions (Amwell)
(# Cos: 2540 | $4.9B)
Tele-Consultation (Heartbeat)
(# Cos: 1371 | $2.1B)
Providers (Vidyo)
(# Cos: 1278 | $2.0B)
Behavioral Health (SonderMind)
(# Cos: 43 | $467M)
SonderMind
(2014, United States, $276M)
Brightline
(2019, United States, $97.0M)
1DocWay
(2011, United States, $1.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SonderMind (2014, United States)
$242M - Series C - Jul 2021
Brightline (2019, United States)
$72.0M - Series B - Jun 2021
Calmerry (2020, United States)
$5.0M - Seed - Apr 2021
HOLIVIA (2020, France)
$2.3M - Seed - Feb 2022
SonderMind (2014, United States)
$475K - Series B - May 2021

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Online Gym Membership Pass
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$316M (▲1490%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$1.5B
52
-
159
6
Fitness & Wellness Tech (Fitbit)
(# Cos: 16476 | $17.8B)
Physical Fitness (Peloton)
(# Cos: 10151 | $13.8B)
Fitness Centers (Urban Sports Club)
(# Cos: 478 | $2.1B)
Marketplaces (ClassPass)
(# Cos: 346 | $1.9B)
Membership Pass (Gympass)
(# Cos: 159 | $1.5B)
Gympass
(2012, United States, $710M)
ClassPass
(2013, United States, $550M)
Urban Sports Club
(2012, Germany, $95.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gympass (2012, United States)
$220M - Series E - Jun 2021
Urban Sports Club (2012, Germany)
$95.4M - Series B - Jun 2021
FitReserve (2015, United States)
$739K - Seed - Oct 2021

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Chemoproteomics Software
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$301M (▲349%)
6(▲500%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$368M
7
-
12
3
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Discovery (Exscientia)
(# Cos: 1198 | $12.2B)
Proteomics (Cyrus Biotechnology)
(# Cos: 122 | $1.8B)
Chemoproteomics (Frontier Medicines)
(# Cos: 12 | $368M)
Frontier Medicines
(2018, United States, $156M)
Seismic
(2019, United States, $101M)
Interline Therapeutics
(2020, United States, $92.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Seismic (2019, United States)
$101M - Series A - Feb 2022
Interline The.. (2020, United States)
$92.0M - Series C - May 2021
Frontier Medi.. (2018, United States)
$88.5M - Series B - Jul 2021
AI Proteins (2021, United States)
$11.3M - Series B - Jan 2022
Protai (2021, Israel)
$8.0M - Seed - Jan 2022
Abterra Biosc.. (2009, United States)
$200K - Seed - May 2021

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Remote Patient Monitoring
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$288M (▼33%)
34(▼5.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
29
$1.5B
218
8
836
27
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Remote Monitoring (Dental Monitoring)
(# Cos: 2037 | $5.6B)
Platforms (Biofourmis)
(# Cos: 836 | $1.5B)
Biofourmis
(2015, United States, $141M)
Glooko
(2010, United States, $115M)
Cardiogram
(2016, United States, $2.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Linus Health (2019, United States)
$55.0M - Series B - Jul 2021
LifeQ (2014, United States)
$47.0M - Series A - May 2021
Koneksa Health (2015, United States)
$45.0M - Series C - Feb 2022
SafelyYou (2014, United States)
$40.0M - Series B - Dec 2021
Glooko (2010, United States)
$30.0M - Series D - Mar 2021
Story Health (2020, United States)
$22.6M - Series B - Feb 2022
SafelyYou (2014, United States)
$19.5M - Series A - Sep 2021
View all 34 Funding Rounds on Tracxn Platform

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Self-Funded Health Insurance
Administration for Employers
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$284M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$770M
9
-
28
4
Employee Health IT (Gympass)
(# Cos: 3189 | $18.2B)
Healthcare Benefits Administration (Cerner)
(# Cos: 661 | $6.0B)
Benefits Management (Accolade)
(# Cos: 463 | $3.7B)
Self-Funded Insurance
Administration (CollectiveHealth)
(# Cos: 28 | $770M)
CollectiveHealth
(2013, United States, $714M)
Oration
(2012, United States, $12.2M)
Apostrophe
(2017, United States, $17.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CollectiveHea.. (2013, United States)
$280M - Series F - May 2021
MyHealthMath (2014, United States)
$3.5M - Series B - Dec 2021

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Mental
Disorders
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$282M (▼26.3%)
15(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.3B
73
-
148
17
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Patient Engagement (Livongo)
(# Cos: 2319 | $8.6B)
Digital Therapeutics (Hinge Health)
(# Cos: 596 | $4.7B)
Mental Health (Pear Therapeutics)
(# Cos: 148 | $1.3B)
Pear Therapeutics
(2013, United States, $266M)
SilverCloud
(2011, United States, $30.0M)
Mindoula
(2013, United States, $31.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Akili (2011, United States)
$110M - Series D - May 2021
BigHealth (2010, United Kingdom)
$75.0M - Series C - Jan 2022
Ieso Digital.. (2011, United Kingdom)
$53.0M - Series C - Nov 2021
Click Therape.. (2012, United States)
$52.1M - Series B - Oct 2021
Meru Health (2016, United States)
$38.0M - Series B - Sep 2021
Limbix (2016, United States)
$15.0M - Series A - Dec 2021
PursueCare (2018, United States)
$7.0M - Series A - Apr 2021
View all 15 Funding Rounds on Tracxn Platform

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Data Management
37
45
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$281M (▲77%)
24(▲9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
73
$1.6B
201
6
949
17
Healthcare IT (Amwell)
(# Cos: 32375 | $82.4B)
Provider (Doximity)
(# Cos: 24223 | $46.9B)
Administrative Solutions (Zocdoc)
(# Cos: 9969 | $13.0B)
Data Management (Imprivata)
(# Cos: 1429 | $2.2B)
Clinical Data Management (Veeva
Systems)
(# Cos: 949 | $1.6B)
Veeva Systems
(2007, United States)
Workshare
(1998, United Kingdom, $61.4M)
ImageMoverMD
(2013, United States, $8.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Truveta (2020, United States)
$95.0M - Series A - Jul 2021
Senyi (2016, China)
$77.1M - Series E - Jul 2021
VisiQuate (2009, United States)
$50.0M - Series D - Jul 2021
Medicom (2015, United States)
$21.8M - Series B - Nov 2021
Superconducti.. (2017, United States)
$21.0M - Series B - Jun 2021
Centaur Labs (2015, United States)
$15.0M - Series A - Sep 2021
Cord (2020, United States)
$13.7M - Series A - Oct 2021
View all 24 Funding Rounds on Tracxn Platform

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare Data Analysis for Drug
Discovery
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$277M (▲798%)
6(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$674M
17
-
49
5
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Informatics (Benchling)
(# Cos: 779 | $4.6B)
Healthcare Data Analysis
(Flywheel)
(# Cos: 49 | $674M)
Flywheel
(2015, United States, $51.7M)
Verana Health
(2011, United States, $288M)
LunaDNA
(2017, United States, $10.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verana Health (2011, United States)
$150M - Series E - Jan 2022
Truveta (2020, United States)
$95.0M - Series A - Jul 2021
Flywheel (2015, United States)
$22.0M - Series C - Sep 2021
Geneyx (2018, Israel)
$6.5M - Seed - Nov 2021
LunaDNA (2017, United States)
$3.8M - Series A - May 2021
Flywheel (2015, United States)
Undisclosed - Series C - Nov 2021

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Value Based Care > Patient
Engagement > Suite Solutions
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$263M (▲93.9%)
19(▲72.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$952M
97
2
412
13
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Patient Engagement (Hinge Health)
(# Cos: 2319 | $8.6B)
Suite Solutions (Axial Exchange)
(# Cos: 412 | $952M)
Axial Exchange
(2009, United States, $11.4M)
GetWellNetwork
(1999, United States, $19.0M)
ConnectiveRx
(2015, United States, $300M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cadence (2021, United States)
$103M - Series B - Dec 2021
Tendo (2020, United States)
$50.0M - Series B - Jun 2021
Cadence (2021, United States)
$41.0M - Series A - Aug 2021
b.well (2015, United States)
$32.0M - Series B - Jul 2021
Lifelink Syst.. (2015, United States)
$9.8M - Series A - Mar 2021
BeMe (2021, United States)
$7.0M - Seed - Nov 2021
HealthSnap (2015, United States)
$5.0M - Series B - Nov 2021
View all 19 Funding Rounds on Tracxn Platform

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Carbon Health (2015, United States)
$350M - Series D - Jul 2021
Forward (2016, United States)
$225M - Series D - Mar 2021
AskTia (2014, United States)
$100M - Series B - Sep 2021
Sprinter Health (2021, United States)
$33.0M - Series A - Oct 2021
Tech First Medical Clinics
40
48
Back to index
Healthcare Booking Platforms (PharmEasy)
(# Cos: 17969 | $35.8B)
Healthcare Facilities (Forward)
(# Cos: 319 | $1.8B)
Tech Heavy Clinics (Carbon Health)
(# Cos: 47 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$258M (▲2999%)
4(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.4B
20
2
47
6
Carbon Health
(2015, United States, $515M)
Forward
(2016, United States, $255M)
One Medical
(2007, United States, $403M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Computerized Physician Order Entry
Solutions
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$782M
23
-
83
3
Healthcare IT (Amwell)
(# Cos: 32375 | $82.4B)
Provider (Doximity)
(# Cos: 24223 | $46.9B)
Hospital Information Systems
(Modernizing Medicine)
(# Cos: 6584 | $7.7B)
CPOE (Alto)
(# Cos: 83 | $782M)
Alto
(2015, United States, $552M)
DrFirst
(2000, United States, $135M)
Doxper
(2015, India, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Alto (2015, United States)
$200M - Series E - Jan 2022
DrFirst (2000, United States)
$50.0M - Series C - May 2021
Rupa (2018, United States)
$20.0M - Series A - Nov 2021
Rupa (2018, United States)
$5.8M - Seed - Aug 2021
Rx Redefined (2017, United States)
$3.2M - Seed - Jun 2021
DoseSpot (2009, United States)
Undisclosed - Seed - Jan 2022

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Life Science Coworking Labs
42
50
Back to index
Life Sciences Tech (Medidata)
(# Cos: 4923 | $27.4B)
Coworking Labs (SmartLabs)
(# Cos: 16 | $286M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$286M
3
-
16
1
SmartLabs
(2000, United States, $286M)
BioLabs
(2015, United States)
OpenCell
(2018, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SmartLabs (2000, United States)
$250M - Series B - Sep 2021

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Physiotherapy Motion Tracking
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M (▲815%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$570M
27
-
42
6
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Patient Engagement (Pear Therapeutics)
(# Cos: 2319 | $8.6B)
Digital Therapeutics (Livongo)
(# Cos: 596 | $4.7B)
Physiotheraphy (Hinge Health)
(# Cos: 239 | $1.7B)
Analytics & Decision Support
(SWORD Health)
(# Cos: 49 | $570M)
Motion Tracking (MindMaze)
(# Cos: 42 | $570M)
MindMaze
(2012, Switzerland, $224M)
SWORD Health
(2015, Portugal, $295M)
Jintronix
(2010, Canada, $6.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SWORD Health (2015, Portugal)
$163M - Series D - Nov 2021
MindMaze (2012, Switzerland)
$105M - Series B - Feb 2022
SWORD Health (2015, Portugal)
$85.0M - Series C - Jun 2021
GripAble (2016, United Kingdom)
$2.2M - Seed - Mar 2021
QUMEA (2019, Switzerland)
$1.9M - Seed - Apr 2021

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Fitness Wristwear
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$246M (▲47.4%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$2.3B
95
3
648
6
Fitness & Wellness Tech (Gympass)
(# Cos: 16476 | $17.8B)
Physical Fitness (Peloton)
(# Cos: 10151 | $13.8B)
Tracking and Monitoring (Misfit Wearables)
(# Cos: 2262 | $3.4B)
Activity Trackers (Jawbone)
(# Cos: 1888 | $3.1B)
Wearable Devices (Withings)
(# Cos: 820 | $2.6B)
Wristwear (Fitbit)
(# Cos: 648 | $2.3B)
Fitbit
(2007, United States, $65.1M)
Withings
(2008, France, $93.8M)
Jawbone
(1997, United States, $877M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$200M - Series F - Aug 2021
GOQii (2014, India)
$50.0M - Series C - Feb 2022
GOQii (2014, India)
$24.9M - Series C - Dec 2021
Codoon (2011, China)
$20.0M - Series C - Dec 2021
Sequent (2015, Switzerland)
$698K - Seed - Jun 2021
URUFIT (2019, India)
$33.7K - Seed - Nov 2021
URUFIT (2019, India)
$3.6K - Angel - Aug 2021
View all 8 Funding Rounds on Tracxn Platform

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Clinical Data Analysis Platforms
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$243M (▲55.8%)
15(▲7.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$1.5B
88
5
265
9
Life Sciences Tech (Illumina)
(# Cos: 4923 | $27.4B)
Research & Development (Medidata)
(# Cos: 3973 | $22.9B)
Drug Informatics (Benchling)
(# Cos: 779 | $4.6B)
Clinical Data Analysis (NantHealth)
(# Cos: 265 | $1.5B)
NantHealth
(2007, United States, $608M)
Strand Life Sciences
(2000, India, $34.9M)
Immuneering Corporation
(2008, United States, $79.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
iCarbonX (2015, China)
$151M - Series D - Apr 2021
NeoCura (2019, United States)
$78.4M - Series A - Dec 2021
OccamzRazor (2015, United States)
$6.1M - Series A - Mar 2022
My Intelligent Machi.. (2016, Canada)
$5.0M - Seed - Apr 2021
baseimmune (2019, United Kingdom)
$4.8M - Seed - Nov 2021
BeaconCure (2016, Israel)
$2.0M - Seed - Nov 2021
IndyGeneUS (2020, Kenya)
$2.0M - Seed - Dec 2021
View all 15 Funding Rounds on Tracxn Platform

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
EHR Facilitator Softwares
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$242M (▲279%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$605M
52
2
235
6
Healthcare IT (Amwell)
(# Cos: 32375 | $82.4B)
Provider (Doximity)
(# Cos: 24223 | $46.9B)
Hospital Information Systems
(Modernizing Medicine)
(# Cos: 6584 | $7.7B)
EHR facilitator (Augmedix)
(# Cos: 235 | $605M)
Augmedix
(2012, United States, $118M)
PatientKeeper
(1996, United States, $47.8M)
Notable
(2017, United States, $117M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Notable (2017, United States)
$100M - Series B - Nov 2021
Suki (2017, United States)
$55.0M - Series C - Dec 2021
Robin Healthc.. (2017, United States)
$50.0M - Series B - Dec 2021
DeepScribe (2019, United States)
$30.0M - Series A - Jan 2022
DeepScribe (2019, United States)
$5.2M - Seed - May 2021
Navia Life Care (2015, India)
$1.0M - Series A - Jul 2021
Inscripta (2015, Finland)
$853K - Angel - May 2021
View all 8 Funding Rounds on Tracxn Platform

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Symptom Tracking Solutions
47
55
Back to index
Disease Self Management (Dexcom)
(# Cos: 10595 | $18.8B)
Symptom Checkers (Ada)
(# Cos: 335 | $527M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$236M (▲86.3%)
9(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$527M
51
-
335
10
Ada
(2011, Germany, $167M)
Buoy Health
(2014, United States, $86.7M)
Galileo
(2006, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AskTia (2014, United States)
$100M - Series B - Sep 2021
Ada (2011, Germany)
$90.5M - Series B - May 2021
Ada (2011, Germany)
$30.0M - Series B - Feb 2022
Mediktor (2011, Spain)
$13.0M - Series B - Oct 2021
One Health Gr.. (2017, United States)
$1.5M - Seed - Nov 2021
MayaMD (2018, United States)
$1.1M - Seed - Mar 2021
Zealth-AI (2020, Singapore)
$125K - Seed - Mar 2021
View all 9 Funding Rounds on Tracxn Platform

56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Lark Technolo.. (2011, United States)
$100M - Series D - Sep 2021
LifeQ (2014, United States)
$47.0M - Series A - May 2021
100Plus (2011, United States)
$25.0M - Seed - Mar 2021
Sweetch (2013, Israel)
$20.0M - Series A - Jul 2021
Mightier (2016, United States)
$17.0M - Series B - Dec 2021
zuoshouyisheng (2017, China)
$15.4M - Series B - Aug 2021
Univfy (2009, United States)
$6.0M - Series B - Dec 2021
View all 12 Funding Rounds on Tracxn Platform
Disease Risk Assessment Solutions
48
56
Back to index
Disease Self Management (Dexcom)
(# Cos: 10595 | $18.8B)
Behavioural Health (Nutrino)
(# Cos: 566 | $1.2B)
Health Risk Assessment (Lark
Technologies)
(# Cos: 319 | $1.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$232M (▲244%)
12(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.0B
90
-
319
9
Lark Technologies
(2011, United States, $162M)
Mightier
(2016, United States, $29.0M)
Sonde Health
(2015, United States, $16.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Randomization & Trial Supply
Management Software
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$230M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$421M
7
-
22
3
Life Sciences Tech (Exscientia)
(# Cos: 4923 | $27.4B)
Research & Development (Illumina)
(# Cos: 3973 | $22.9B)
Clinical Trials (Medidata)
(# Cos: 962 | $4.0B)
Study Implementation (Medable)
(# Cos: 494 | $1.9B)
RTSM (4G Clinical)
(# Cos: 22 | $421M)
4G Clinical
(2015, United States, $259M)
N-SIDE
(2000, Belgium, $11.8M)
Concerto HealthAI
(2017, United States, $150M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
4G Clinical (2015, United States)
$230M - Series C - Jun 2021
N-SIDE (2000, Belgium)
$11.8M - Series B - Mar 2021

58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Chronic
Conditions
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$230M (▲190%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$803M
51
3
112
7
Healthcare IT (Doximity)
(# Cos: 32375 | $82.4B)
Value Based Care (Cerner)
(# Cos: 6633 | $26.8B)
Patient Engagement (Livongo)
(# Cos: 2319 | $8.6B)
Digital Therapeutics (Hinge Health)
(# Cos: 596 | $4.7B)
Chronic (Omada Health)
(# Cos: 112 | $803M)
Omada Health
(2011, United States, $450M)
Retrofit
(2011, United States, $23.0M)
Wellthy Therapeutics
(2015, India, $8.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Omada Health (2011, United States)
$192M - Series E - Feb 2022
Spiras Health (2015, United States)
$14.0M - Series B - Jun 2021
Swing Therape.. (2019, United States)
$9.0M - Seed - Aug 2021
Tilak Healthcare (2016, France)
$8.1M - Series A - Oct 2021
Liva Healthcare (2015, Denmark)
$6.2M - Series B - Dec 2021
Vheda (2013, United States)
$350K - Seed - Oct 2021

59. HealthTech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Recent funding rounds
Investment Trends
Most Active Investors
Top Funded Business Models
Explore more on Tracxn
All Tech Companies
US Tech Companies
Online Travel Companies
Companies using AI in Healthcare
Companies founded by Stanford GSB Alumni
Soonicorn club in Fintech
Analyst Picks in Israel Tech
Key News in FinTech
Events in Bay Area
Angel Investors in United States
Bluebox
Companies Investment Activity
Miscellaneous
Company Detail Page of DoorDash
Competitors of Freshworks
Cap Table for TransferWise
Financials for Ola
Employee Count for Revolut
Company Due Diligence Exits
Public Companies
Acquired Companies
Most Active Acquirers
Reports
Delhivery - Company Report
Novel Foods - Business Model Report
HRTech - Feed Report
FinTech - Top Business Models Report
US Tech - Top Business Models Report
US Tech - Monthly Report
59

60. HealthTech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Explore other Reports on Tracxn
HRTech
InsurTech
Food Tech
Novel Foods
Blockchain Network
P2P Remittance
Business Model Reports
FinTech Europe
Consumer Digital SEA
HiTech US
Feed Geo Reports
Company Reports
Monthly Unicorn Report
Unicorn Reports
Transferwise
Coursera
BigBasket
Feed Reports Top Business Models in PA
FinTech
Enterprise Applications
Artificial Intelligence
Geo Monthly Reports
US Tech
Europe Tech
China Tech
Top Business Models in Geo
India Tech
Israel Tech
UK & Ireland Tech
60

61. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
HealthTech - Top Business Models Report
Thank You
61
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Limited including but not limited to the information
contained herein ("Data") is the sole property of Tracxn Technologies Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion
thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except
with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your
customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com