Health-tech Startup Financial Models
Health-tech startup financial model examples in Excel, covering practice adoption, employer contracts, covered members, patient visits, and clinical staffing. Explore revenue forecasts, operating costs, and the cash needed to grow.
CMR Surgery
$600.0M raisedCMR Surgical builds Versius, a portable modular robotic surgery system designed to make minimally-invasive keyhole surgery accessible to more patients worldwide.

Hazel Health
$335.0M raisedSchool-based telehealth platform delivering primary and urgent care to K-12 students via iPads at school and browsers at home.

Medable
$304.0M raisedCloud platform for decentralized clinical trials (DCTs) connecting patients, sites, and sponsors remotely

Hinge Health
$300.0M raisedDigital musculoskeletal (MSK) clinic delivered via app + wearable sensors to employer and health plan members
DispatchHealth
$200.0M raisedOn-demand, in-home acute and advanced care platform replacing ER/hospital visits with mobile clinical teams.

Everside Health
$164.0M raisedTechnology-enabled primary care platform that partners with self-funded employer plan sponsors to deliver lower-cost, higher-quality healthcare for their employees.

Menlo Micro
$150.0M raisedMenlo Micro makes the "Ideal Switch" - a MEMS-based electromechanical relay built on semiconductor fab processes that combines the best of mechanical (low loss, true conductor) and solid-state (small, fast, cheap) switches.

Twin Health
$140.0M raisedAI-powered "Whole Body Digital Twin" platform that delivers personalized metabolic health guidance to reverse and prevent chronic metabolic diseases (type 2 diabetes, obesity, fatty liver disease).

Palta
$100.0M raisedAI-powered mobile health & wellbeing app portfolio (Flo Health, Simple, Prisma Labs, ZING, VOIR, others) operating under one holding company.

Tia
$100.0M raisedFull-stack primary care delivery platform for women, combining virtual and in-person care under one brand.

Kaia Health
$75.0M raisedAI-powered digital musculoskeletal (MSK) therapy platform sold B2B to self-insured employers and health plans.

Tomorrow Health
$60.0M raisedSoftware platform coordinating home medical equipment, supplies, and services between insurers, referring providers, DME suppliers, and patients.

Unmind
$47.0M raisedB2B SaaS platform providing workplace mental health tools to employees via enterprise employer contracts.

Wandercraft
$45.0M raisedWandercraft builds self-balancing exoskeletons for the walking impaired, starting with a clinical rehab device (Atalante) and developing a personal exoskeleton for everyday use.

Belong Health
$40.0M raisedTech-enabled full-stack operating partner for regional health plans launching Dual-Eligible Special Needs Plans (D-SNPs) for Medicare + Medicaid dual-eligible beneficiaries.
Sirona Medical
$40.0M raisedSirona is building a unified cloud SaaS platform replacing fragmented on-prem Radiology IT (PACS, RIS, viewer, reporter, worklist) for US radiology practices.
Well Dot
$40.0M raisedAI-powered, consumer-grade health engagement platform sold B2B to employers/health plans to improve member health and reduce healthcare costs.

AccuRx
$38.0M raisedPatient-centred communication platform connecting everyone involved in a patient's care, starting with near-universal penetration in UK GP practices.

Cake
$37.0M raisedHello Cake, Inc. is a digitally-native, omni-channel sexual wellness brand selling lubricants, lotions, objects, protection, and hygiene products DTC and through mass retail (Walmart, Amazon).
Front of the Pack
$35.0M raisedScience-backed dog supplement brand targeting the preventive pet health market
Swift Medical
$35.0M raisedAI-powered wound care management platform enabling research-grade clinical imaging at any bedside via smartphone
98point6
$30.7M raisedB2B SaaS platform licensing an AI-powered virtual care technology stack to health systems, pivoted from running a direct-to-employer virtual clinic.

Folx Health
$30.0M raisedLGBTQ+-specialized virtual healthcare and wellness platform serving the LGBTQIA+ community across DTC consumer and enterprise employer channels.

Sollis Health
$30.0M raisedMembership-based private medical centers offering 24/7 ER-level emergency and urgent care with advanced on-site diagnostics, telehealth, and house calls - no wait times.

