231 companies across 21 segments, from the July 2026 research corpus. Narrow the board, then read where the white space is.
All segments
| Company | HQ | What it does | Traction as recorded | Source |
|---|---|---|---|---|
Abridge AI documentation & clinical copilots (ambient scribes) | US Pittsburgh, USA | Enterprise ambient scribe + 'care intelligence' (coding, CDI), deep Epic integration, health-system sales | $300M Series E led by a16z at $5.3B (Jun 2025), ~$800M total; contracted ARR $117M Q1 2025; 150+ health systems | Source |
Microsoft Dragon Copilot (Nuance DAX) AI documentation & clinical copilots (ambient scribes) | US Redmond, USA | Unified voice dictation + ambient AI assistant inside EHR workflows; the enterprise incumbent | 100,000+ clinicians daily; DAX assisted 3M+ ambient conversations across 600 orgs; expanding to nurses and EU markets 2025–26 | Source |
Ambience Healthcare AI documentation & clinical copilots (ambient scribes) | US San Francisco, USA | Ambient documentation + point-of-care coding/CDI platform for health systems | $243M Series C at $1.25B led by Oak HC/FT + a16z (2025), $345M total; est. ~$30M ARR May 2025, ~33x multiple | Source |
OpenEvidence AI documentation & clinical copilots (ambient scribes) | UK Cambridge MA, USA | AI clinical search/evidence copilot ('ChatGPT for doctors'), free to verified clinicians, ad-monetized | $250M Series D at $12B, Thrive + DST (Jan 2026); ~$700M raised in 12 months across three rounds | Source |
Nabla AI documentation & clinical copilots (ambient scribes) | US Paris, France / New York, USA | Ambient scribe expanding to agentic clinical workflows (EHR actions, coding, dictation) | $70M Series C led by HV Capital (Jun 2025), $120M total; 130+ orgs, 85,000 clinicians; revenue 5x in six months | Source |
Suki AI documentation & clinical copilots (ambient scribes) | US Redwood City, USA | AI voice assistant/scribe for clinicians; platform API licensed into EHRs and partners | $70M Series D (Oct 2024), $168M total, + Zoom Ventures investment Jan 2025; 300+ health-system partnerships; revenue ~4x in 2024 | Source |
Heidi Health AI documentation & clinical copilots (ambient scribes) | AU Melbourne, Australia | Freemium AI scribe → 'AI care partner'; clinician-led bottom-up adoption, 110 languages | $65M USD Series B led by Point72 at $465M USD valuation (Oct 2025), ~$100M total; 2M+ consults/week, 116 countries | Source |
Lyrebird Health AI documentation & clinical copilots (ambient scribes) | AU Melbourne, Australia | AI scribe for GPs/specialists; AU data sovereignty focus, expanding UK + Middle East | US$12M round at US$50M valuation (Five V, Octopus, 2025); 30,000 consults/day in AU, >600k consults in May, +10%/month | Source |
Corti AI documentation & clinical copilots (ambient scribes) | EU Copenhagen, Denmark | Healthcare-specialized foundation models + API infrastructure; EU sovereign cloud; powers other vendors | ~$94.5M raised across 9 rounds incl. $60M Series B; launched sovereign EU healthcare AI infra + no-equity accelerator 2026 | Source |
Tortus AI documentation & clinical copilots (ambient scribes) | UK London, UK | Regulated clinical AI assistant built with/for the NHS; ambient notes, letters, codes | Largest NHS ambient-voice evaluation: 17,000 patients, 9 sites, £500k NHS England backing; 13% more A&E patients/shift; 6 NHS trusts + 100+ primary care clinics | Source |
Freed AI documentation & clinical copilots (ambient scribes) | US San Francisco, USA | Self-serve AI scribe for independent clinicians; $39–119/month, consumer-SaaS growth motion | $30M Series A led by Sequoia (Mar 2025), $34M total; ~$19M ARR Mar 2025, +134% YoY, 17,000+ paying clinicians across 96 specialties | Source |
Splose AI documentation & clinical copilots (ambient scribes) | AU Adelaide, Australia | AI-powered practice management + scribe for allied health (physio, OT, speech, NDIS) | $46M Series A (2026); 20,000+ allied health practitioners across AU/NZ/UK | Source |
Jane App (Jane Software) Clinic practice-management SaaS + agentic front office | Other Vancouver, Canada | Cloud PMS for allied health/wellness clinics: booking, charting, billing, payments | C$1.8B valuation via TCV-led C$500M+ secondary May 2025; ~US$100M annual revenue, ~650 staff, <$10M primary capital ever raised | Source |
SimplePractice Clinic practice-management SaaS + agentic front office | US Los Angeles, US | PMS/EHR for solo-to-small behavioral and allied health practices | 250,000+ practitioners, 125M+ appointments in 2025; parent EngageSmart taken private by Vista at ~$4B, Jan 2024 | Source |
Tebra (Kareo+PatientPop) Clinic practice-management SaaS + agentic front office | Other Newport Beach, US | PMS, billing and patient-acquisition platform for US independent practices | $72M growth round at >$1B valuation; ~$137M total raised; 140,000+ providers, 120M+ patients | Source |
Cliniko Clinic practice-management SaaS + agentic front office | AU Melbourne, Australia | Bootstrapped allied-health PMS (physio, chiro, podiatry); ANZ/UK strongholds | 65,000+ health professionals; bootstrapped, founder-owned; prices unchanged since 2011; $3M+ AUD donated | Source |
Halaxy Clinic practice-management SaaS + agentic front office | AU Melbourne, Australia | Free-core PMS (EMR, billing, scheduling) monetizing payments/add-ons | Self-reports thousands of practitioners across 130 countries; no verified funding/revenue figures found — low-transparency player | Source |
Semble Clinic practice-management SaaS + agentic front office | UK London, UK | Cloud clinical system/PMS for UK+France private healthcare | $15M Series B Oct 2024 led by Mercia (total $27M); 10,000+ health professionals, 70+ specialties | Source |
IntakeQ / PracticeQ Clinic practice-management SaaS + agentic front office | Other US (remote) | Digital intake forms plus light PMS for small practices | Priced $49.90/mo (forms) to $74.90/mo (PMS) +$25/practitioner; niche bootstrapped player, no funding data found | Source |
Medtech Global Clinic practice-management SaaS + agentic front office | NZ Auckland, NZ | Dominant NZ GP PMS (Medtech32/Evolution/Artia) + ALEX integration ecosystem | Claims >85% of NZ general practices; acquired 100% by US serial acquirer Banyan Software, Feb 2025 | Source |
indici (Valentia Technologies) Clinic practice-management SaaS + agentic front office | NZ Wellington/Hamilton, NZ | Cloud-native NZ GP PMS challenger, born from Pinnacle PHO collaboration | ~$15M build investment; ProCare (largest PHO) piloted it; added AI scribing 2025 | Source |
Best Practice Software Clinic practice-management SaaS + agentic front office | AU Bundaberg, Australia | Dominant AU GP PMS (Bp Premier); 51% founder-owned, 49% Sonic | ~80% of AU GP workflow desktops; openly for sale, expected >$300M whole-business value, Feb 2026) | Source |
MedicalDirector (Telstra Health) Clinic practice-management SaaS + agentic front office | AU Sydney, Australia | Legacy AU GP PMS; cautionary tale of corporate ownership | Bought by Telstra Health for $340M (2021); GP market share fell from ~45% to ~25% post-acquisition | Source |
Assort Health Clinic practice-management SaaS + agentic front office | US San Francisco, US | Specialty-specific agentic voice AI for patient access/call centers | $76M Series B (Lightspeed) Sep 2025; $102M total; 42M patient interactions, 98% inquiry resolution claimed | Source |
Hello Patient Clinic practice-management SaaS + agentic front office | US Austin, US | Conversational AI (voice/text/chat) front door for medical practices | $22.5M Series A (Scale Venture Partners) Sep 2025 at ~$100M valuation; 300,000+ patient conversations in year one | Source |
Infinitus Systems Clinic practice-management SaaS + agentic front office | US San Francisco, US | AI voice agents for payer-facing calls (benefit verification, prior auth) | $51.5M Series C led by a16z, Oct 2024; ~$102.9M total raised | Source |
Weave Communications Clinic practice-management SaaS + agentic front office | Other Lehi, US (NYSE: WEAV) | SMB healthcare comms platform (dental/optometry/vet/medical) adding AI receptionist | $65.5M Q1 2026 revenue, +17.4% YoY; acquired AI receptionist TrueLark for $35M, May 2025 | Source |
Toniq (Clanwilliam Group) Pharmacy software + AI-native pharmacy SaaS | NZ New Zealand | Dominant NZ dispensary + retail POS software; acquired by Clanwilliam 2017. | Used by 850–900+ of NZ's ~1,000 pharmacies (~85%+ share); part of Clanwilliam's ANZ division | Source |
RxOne Pharmacy software + AI-native pharmacy SaaS | NZ New Zealand | Independent integrated NZ pharmacy platform; minority challenger to Toniq. | Active but no public share/funding data found; NZ market minus Toniq's ~85% bounds it small | Source |
Fred IT Group / eRx Script Exchange Pharmacy software + AI-native pharmacy SaaS | AU Melbourne, AU | Fred dispensing software + Australia's sole national e-prescription exchange. | eRx used by 95% of AU pharmacies, 21,000 doctors; exclusive national Prescription Delivery Service contract since 2023 | Source |
Minfos (EBOS Group) Pharmacy software + AI-native pharmacy SaaS | AU Australia | POS/dispense platform for AU community pharmacy incl. TerryWhite Chemmart; EBOS division. | ~900–1,000 AU pharmacies on platform; owned by EBOS Group | Source |
Corum Health Pharmacy software + AI-native pharmacy SaaS | AU Australia | LOTS Dispense + POS for AU pharmacies. | Acquired by Jonas Software (Constellation Software) late 2023 | Source |
MedAdvisor (renamed Adheris Health, ASX:AHE) Pharmacy software + AI-native pharmacy SaaS | AU Melbourne, AU | Medication adherence + patient-engagement software for pharmacies; now US-focused. | FY25 revenue guidance A$88.0M, EBITDA loss A$6.5–7.3M; sold ANZ business to Jonas Software for A$35M (closed Jul 2025); US arm under strategic review | Source |
StrongRoom AI (in administration) Pharmacy software + AI-native pharmacy SaaS | AU Melbourne, AU | Medication-management AI for pharmacies/aged care — collapsed 2025. | Raised A$17M Mar 2025 (EVP-led, ~A$70M valuation, claimed ~$13M annualised revenue), then administrators appointed after investors flagged serious book irregularities | Source |
Outcomes (Transaction Data Systems) Pharmacy software + AI-native pharmacy SaaS | Other US (FL) | US pharmacy management roll-up: Rx30, Computer-Rx, PrescribeWellness + clinical-services network. | BlackRock Long Term Private Capital majority (2021, GTCR minority); merged with Cardinal Health's Outcomes 2023 | Source |
DrFirst Pharmacy software + AI-native pharmacy SaaS | Other US | E-prescribing + medication-management network across prescribers, hospitals, pharmacies. | Network: 420,000+ prescribers, 71,000 pharmacies, 2,000+ hospitals, 270 EHRs; new CEO Jul 2025 | Source |
Prescryptive Health Pharmacy software + AI-native pharmacy SaaS | Other US (WA) | Prescription-intelligence/pharmacy-benefits platform; verified active (not shut down). | 2025 MedTech Breakthrough Award for pharmacy benefits; platform powering LillyDirect digital experience announced May 2026 | Source |
Aspen RxHealth (MedImpact) Pharmacy software + AI-native pharmacy SaaS | Other US (Tampa, FL) | Gig-economy pharmacist network app for clinical services (MTM) at scale. | $52M total raised (Bessemer-led $23M Series B; Humana, McKesson Ventures investors); acquired by MedImpact | Source |
TJM Labs Pharmacy software + AI-native pharmacy SaaS | Other US (Wilmington, DE) | AI agents automating intake, data entry, refills, prior-auth, patient comms inside existing pharmacy systems. | $100M raised in ~6 months ($75M Series B led by Elephant, Jul 2026); 450+ live pharmacies, 500k tasks/day; acquired EncoreRx + Pharmesol | Source |
Plenful Pharmacy software + AI-native pharmacy SaaS | Other US | AI workflow automation for pharmacy/healthcare ops (340B, inventory, admin). | $17M Series A (May 2024), >$25M total; claims up to 97% manual-work reduction | Source |
Foundation Health Pharmacy software + AI-native pharmacy SaaS | Other US | Developer-first pharmacy API + PAIGE AI pharmacist assistant (Truepill co-founder's second act). | $20M Series A Oct 2025 led by Define Ventures, $26M total since 2023; claims up to 75% workflow reduction; Epic-integrated | Source |
Asepha Pharmacy software + AI-native pharmacy SaaS | Other Toronto, CA | AI agents for pharmacy automation (handwritten-script processing, admin). | US$4M seed Jul 2025 co-led by Glasswing Ventures + Core Innovation Capital; Fortune 50 partnerships; opening NY office | Source |
Cohere Health Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US Boston, MA, USA | AI prior-authorization / clinical decisioning platform for health plans | $90M Series C May 2025 led by Temasek; $200M total; 12M+ PA requests/yr, 600k providers, claims 9x ROI | Source |
Anterior Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US New York, USA | LLM clinical-reasoning copilot for health-plan prior auth, payment integrity, risk adjustment | $40M round Feb 2026 (NEA, Sequoia, FPV, Kinnevik); $64M total; covers 50M lives; 99.24% clinical accuracy per KLAS | Source |
Machinify (New Mountain combo) Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US Palo Alto, CA, USA | AI payment-integrity/healthcare-payments platform merged with Rawlings, Apixio PI, VARIS | Acquired by New Mountain Capital (announced Jan 2025); combined entity valued $5B, revenue >$500M | Source |
Lyric (ex-ClaimsXten) Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US USA | Pre-pay claims editing / payment accuracy platform for payers | ~$90.9M raised; claims $14B+ annual customer savings, 9 of top-10 US payers; acquired ClaimShark Apr 2025 | Source |
Rialtic Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US Atlanta, GA, USA | API-first claims-editing and payment-accuracy platform | $15M+ raised (Oak HC/FT, F-Prime); merged with Exponential AI 2025/26 to form claims-intelligence platform | Source |
EvolutionIQ Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US New York, USA (now part of CCC) | AI claims guidance for disability, workers-comp and injury insurers | Acquired by CCC Intelligent Solutions for $730M, closed Jan 2025 — the segment's benchmark exit | Source |
Develop Health Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US San Francisco, USA | AI benefit-verification and drug prior-authorization automation | $14.3M Series A led by Wing Venture Capital, Aug 2025 | Source |
SuperDial Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US USA | AI voice agents automating payer phone calls (claims, eligibility, PA status) | $15M Series A led by SignalFire, Jun 2025; $20M+ total, per aggregator reporting | Source |
HealthEdge Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US Burlington, MA, USA | Payer core-admin SaaS (HealthRules Payer), payment accuracy, care management | Acquired by Bain Capital ~$2.6B (30x $86M EBITDA), closed Jun 2025; 115+ health plans, 110M lives; merged with UST HealthProof Sep 2025 | Source |
EIS Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | US San Francisco, USA | Core insurance platform (policy, billing, claims) incl. health/benefits lines | $100M+ growth investment from TPG (2021); no newer round found this run | Source |
Sapiens International Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | Asia Holon, Israel | Insurance core software incl. workers-comp; AI/automation suite | Taken private by Advent International for $2.5B at $43.50/share, closed Dec 17 2025 | Source |
Alan Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | EU Paris, France | Full-stack digital health insurer with AI assistant (Mo); FR/BE/ES | €480M Series G led by Prosus at €5.5B valuation, Jun 2026; €785M ARR 2025, operationally profitable in France | Source |
ottonova Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | EU Munich, Germany | Germany's first fully digital private health insurer (PKV) | €34M Series F (Cadence Growth Capital, 2022), last round before break-even; no 2025-26 raise found this run | Source |
Honeysuckle Health Health-insurance / payer SaaS + AI (prior auth, claims/payment integrity) | AU Newcastle, Australia | Health data-science, analytics and care-program arm of nib (ex Cigna JV) | Founded 2019 as nib–Cigna 50/50 JV (A$10M each); nib acquired remaining 50% effective Mar 2025 — ANZ insurers build/buy in-house | Source |
Fresha Beauty / aesthetics / wellness-health SaaS | UK London, UK | Subscription-free booking/POS marketplace for beauty+wellness; monetizes payments and marketplace fees; strong in Australasia | $80M from KKR May 2026 at $1B+ valuation; $285M total; $140M+ revenue run-rate, +60% growth, profitable; 140k businesses, 35M appointments/mo | Source |
Zenoti Beauty / aesthetics / wellness-health SaaS | Other Bellevue, WA, US | Enterprise all-in-one platform for beauty/wellness/medspa chains; heavy AI push; expanding into fitness/gyms | $160M Series D at $1B+ (2020); ~$1.5B valuation, $330M total, profitable, revenue +40% YoY, ~30k businesses | Source |
Boulevard Beauty / aesthetics / wellness-health SaaS | US Los Angeles, CA, US | Premium scheduling/payments/AI-marketing platform for salons, medspas, self-care businesses | $80M Series D (JMI) Jul 2025 at ~$800M valuation; $188M total; 5,000+ businesses, 2M appointments/mo, ~$5B payments/yr, claims 15% of US medspa market | Source |
Moxie Beauty / aesthetics / wellness-health SaaS | US New York, US | Medspa business-in-a-box: launch support, EMR, compliance (Compliance Defender), medical-director matching, supplies GPO; revenue-share model | $10M Series B Sep 2024 (Lachy Groom, SignalFire), ~3x Series A valuation, $51M total; 250+ medspas launched, 90%+ women founders | Source |
Mangomint Beauty / aesthetics / wellness-health SaaS | US Los Angeles, CA, US | Automation-first salon/spa management for independents; marketing automation flows | $35M Series B Sep 2024 (Altos Ventures, SaaStr Fund, OpenView) + $12M venture debt | Source |
GlossGenius Beauty / aesthetics / wellness-health SaaS | US New York, US | Mobile-first booking/payments app for solo beauty professionals and small teams | $28M Series C Jul 2023 (L Catterton) at $510M valuation; $72.2M total | Source |
Phorest Beauty / aesthetics / wellness-health SaaS | EU Dublin, Ireland | Salon + medspa software with marketing/retention focus; strong UK/IE/EU presence | ~$50M revenue 2024, ~380 employees; $49.4M total raised incl. $12M CIBC growth round 2022 | Source |
Timely Beauty / aesthetics / wellness-health SaaS | NZ Dunedin, New Zealand | ANZ-born salon/clinic booking software; the NZ incumbent, now inside EverCommerce portfolio | Acquired by EverCommerce Jul 2021 for ~US$95M; 50k+ professionals, 30M appointments/yr at acquisition | Source |
RepeatMD Beauty / aesthetics / wellness-health SaaS | Other Houston, TX, US | Membership/rewards/e-commerce + patient-financing layer ("Medcommerce") on top of aesthetics practices' existing stacks | $50M Series A Nov 2023 (Centana, Full In Partners); 4,000+ practices, $2B+ practice revenue generated, live in Canada | Source |
PatientNow Beauty / aesthetics / wellness-health SaaS | US Denver, CO, US | Aesthetic EMR/practice management for plastic surgery, dermatology, medspas; patient acquisition + RxPhoto imaging | PE-owned: acquired by Blue Star Innovation Partners + Providence Strategic Growth; no public revenue figures found this run | Source |
Aesthetic Record Beauty / aesthetics / wellness-health SaaS | Other US | EMR + practice management purpose-built for medspas/aesthetics; charting, before/after photos, POS | Claims 9,000+ accounts; no disclosed VC funding found this run — appears bootstrapped/undisclosed | Source |
Haut.AI Beauty / aesthetics / wellness-health SaaS | EU Tallinn, Estonia | B2B AI skin-analysis/diagnostics SaaS licensed to beauty brands and clinics | ~$5.2M revenue 2025, 47 employees; $3.21M raised (Microsoft for Startups, J&J JLABS, LongeVC) | Source |
Perfect Corp Beauty / aesthetics / wellness-health SaaS | Asia Taiwan (NYSE: PERF) | Public AI/AR beauty-tech: virtual try-on + AI skin analysis for brands; consumer subscription apps | Q3 2025 revenue $18.7M; 800+ brands use its tech (source: same URL) | Source |
SmarterDx Revenue-cycle / medical-coding / billing AI | US New York, US | Clinical AI for revenue integrity — pre-bill chart audit finds missed diagnoses/charges | $50M Series B May 2024 (Transformation Capital); acquired by New Mountain 2025 into Smarter Technologies; 60+ health systems | Source |
Smarter Technologies (rollup) Revenue-cycle / medical-coding / billing AI | Other US (New Mountain Capital) | SmarterDx + Thoughtful.ai + Access Healthcare combined AI-RCM platform | Formed May 2025; $800M+ projected revenue, 27,000 employees, 200+ clients, $200B revenue managed | Source |
CodaMetrix Revenue-cycle / medical-coding / billing AI | US Boston, US | Autonomous multi-specialty coding (radiology, pathology, surgery) spun out of Mass General Brigham | $40M Series B Mar 2024 (Transformation Capital), ~$109M total; claims 60% coding-cost and 70% denial reduction | Source |
Fathom Revenue-cycle / medical-coding / billing AI | US San Francisco, US | Autonomous medical coding, 90%+ automation rates | $46M Series B 2022 ($61M total); CVS Health Ventures strategic investment May 2026; KLAS 95.5/100 Aug 2025 | Source |
Anomaly (Anomaly Insights) Revenue-cycle / medical-coding / billing AI | US New York, US | AI payer intelligence — predicts denials/underpayments by decoding payer behavior | $17M May 2026 led by Sound Ventures, $34M total; 20+ health systems | Source |
Adonis Revenue-cycle / medical-coding / billing AI | US New York, US | Agentic AI revenue-cycle operations: denials, claim status, underpayment detection | $40M Series C Mar 2026 (Quadrille), $95M+ total; 4x 2025 revenue growth, NRR >130% | Source |
Candid Health Revenue-cycle / medical-coding / billing AI | US San Francisco, US | API-first billing/claims engine for digital-health and multi-site provider groups | $52.5M Series C Feb 2025 (Oak HC/FT), $99.5M total; revenue +250% YoY 2024; 95%+ touchless claim rate | Source |
AKASA Revenue-cycle / medical-coding / billing AI | US South San Francisco, US | GenAI/LLM platform for hospital revenue cycle: coding, CDI, prior auth | $205M total funding (a16z-backed); 650+ hospitals; Cleveland Clinic strategic collaboration Apr 2025 | Source |
Infinx Revenue-cycle / medical-coding / billing AI | Asia San Jose, US (+India ops) | Tech-enabled RCM services: prior auth, coding, A/R — services-heavy model | $200M+ revenue run-rate, 20–30% EBITDA, growing 50–70% via M&A; acquired Glidian Mar 2025 | Source |
Cedar Revenue-cycle / medical-coding / billing AI | US New York, US | Patient financial engagement/billing UX for health systems | $200M Series D at $3.2B valuation (2021, Tiger Global), ~$425M total; 50M patients served Jan 2025 | Source |
Nym Health Revenue-cycle / medical-coding / billing AI | US New York, US / Tel Aviv, IL | Fully autonomous coding engine (no coder in loop), radiology/ED focus | $47M growth round Nov 2024 led by PSG (GV, Addition), $94.5M total; 6M+ charts/yr | Source |
RapidClaims Revenue-cycle / medical-coding / billing AI | US New York, US (India eng) | Autonomous coding + claim scrubbing agents; newest funded entrant | $8M Series A Apr 2025 led by Accel ($11M total incl. seed) | Source |
Waystar (incumbent, public) Revenue-cycle / medical-coding / billing AI | Other Louisville, US | Public healthcare-payments/clearinghouse platform buying AI capability | Acquired Iodine Software for $1.25B, closed Oct 1 2025; Apr 2026 launched 'silent denials' AI | Source |
Tiplu (EU analog) Revenue-cycle / medical-coding / billing AI | Other Hamburg, DE | MOMO AI DRG-coding software for German hospitals | ~400 German hospitals; LOGEX became sole shareholder — already consolidated (partnership news: | Source |
Tyro Health (AU analog) Revenue-cycle / medical-coding / billing AI | AU Melbourne, AU | AU health claiming/payments rails (Medicare, DVA, health funds); ex-Medipass | Medipass acquired by ASX-listed Tyro 2021; 80+ practice-management-software integrations — owns AU claiming distribution | Source |
Forward Health (dead) Owning care delivery: AI-native clinics / primary care / telehealth | US San Francisco, US | $150/mo membership AI clinic + CarePod kiosks; shut down Nov 2024. | Raised $400M+; CarePods cost >$1M each, only ~5 deployed vs 3,200 planned; lifetime revenue <$100M; closed Nov 2024 | Source |
Babylon Health (dead) Owning care delivery: AI-native clinics / primary care / telehealth | UK London, UK | AI triage chatbot + virtual GP; took capitated medical risk; bankrupt Aug 2023. | SPAC'd at $3.5B (2021); FY2022 net loss $221.4M on $1.1B revenue; lost Centene contracts (~half of revenue); Chapter 7 Aug 2023 | Source |
One Medical (Amazon) Owning care delivery: AI-native clinics / primary care / telehealth | US San Francisco, US | Membership hybrid primary care; Amazon-owned; expanding via health-system partnerships and pharmacy kiosks. | Acquired by Amazon for $3.9B (2023); 2025–26 expansion with Cleveland Clinic, Hackensack Meridian (NJ, early 2026), LA pharmacy kiosks | Source |
Carbon Health Owning care delivery: AI-native clinics / primary care / telehealth | US San Francisco, US | Tech-enabled urgent/primary care clinic chain; Chapter 11 Feb 2026, emerged lender-owned Jun 2026. | $614M raised; peak $2.8–3.3B valuation; filed Ch11 Feb 2, 2026, emerged Jun 15, 2026 with $19.5M DIP; still losing ~$64/patient visit | Source |
K Health Owning care delivery: AI-native clinics / primary care / telehealth | US New York, US | AI symptom-intake + virtual primary care copilot; payer/health-system partnerships. | $380M raised; $50M round Jul 2024 at ~$900M valuation (down from $1.4B in 2021); 2022 revenue $52M, unprofitable | Source |
Crossover Health Owning care delivery: AI-native clinics / primary care / telehealth | Other San Clemente, US | Employer/payer advanced primary-care clinics (Apple, Amazon, Microsoft clients). | $281M raised (Series D $168M, 2021); merged with Premise Health Mar 2026 into ~900-center employer-health operator across 47 states | Source |
Akido Labs Owning care delivery: AI-native clinics / primary care / telehealth | US Los Angeles, US | AI-native clinic operator: ScopeAI runs the visit, doctor approves; ~100 clinics, 26 specialties. | $100M+ raised; $60M Series B led by Oak HC/FT May 2025; ~500k patients/yr on Medicaid/Medicare/commercial; claims 5x face-time | Source |
Hims & Hers Owning care delivery: AI-native clinics / primary care / telehealth | US San Francisco, US | DTC virtual care + pharmacy; the profitability benchmark for virtual-first care. | FY2025 revenue $2.35B (+59% YoY), net income $128M, 2.5M+ subscribers; FY2026 guidance raised to $2.8–3.0B | Source |
Eucalyptus (Pilot/Juniper) Owning care delivery: AI-native clinics / primary care / telehealth | AU Sydney, AU | House of DTC telehealth brands; women's/men's health, GLP-1 weight-loss led. | $190M raised at $1.37B valuation Nov 2025; revenue ~A$248M (roughly doubled YoY); Hims agreed to acquire for up to US$1.15B Feb 2026 | Source |
Midnight Health Owning care delivery: AI-native clinics / primary care / telehealth | AU Brisbane, AU | DTC telehealth brands (hub.health, Youly, Stagger); insurer-backed. | ~A$40M total incl. A$24M Series B led by nib; nib took majority stake Feb 2025 | Source |
InstantScripts Owning care delivery: AI-native clinics / primary care / telehealth | AU Melbourne, AU | Online scripts + telehealth consults; now inside Wesfarmers Health retail-pharmacy machine. | Acquired by Wesfarmers Health for A$135M, Jun 2023 | Source |
ForHealth Owning care delivery: AI-native clinics / primary care / telehealth | AU Sydney, AU | PE-owned bulk-billing medical/dental centre network; facilities-services model to independent GPs. | Carved out of Healius by BGH Capital Nov 2020; 95+ centres, 1,500+ independent practitioners, 60 dental facilities | Source |
Tend Health Owning care delivery: AI-native clinics / primary care / telehealth | NZ Auckland, NZ | Digital-first GP chain (app + clinics); now NZ's biggest general-practice consolidator. | Buying The Doctors' 65 clinics for NZ$270M (Jun 2026, settling ~Jul 2026) → 90+ clinics, 550k+ enrolled, ~10% of NZ enrolled population; Pencarrow-backed | Source |
Green Cross Health Owning care delivery: AI-native clinics / primary care / telehealth | NZ Auckland, NZ | NZX-listed pharmacy + GP operator (The Doctors); exiting clinic ownership via sale to Tend. | Medical division FY-Mar-2025: revenue NZ$153.4M, operating profit NZ$19.5M, 65 centres, 416,500 enrolled; H1-FY26 op profit +42% to NZ$11.6M | Source |
Practice Plus Owning care delivery: AI-native clinics / primary care / telehealth | NZ Hamilton, NZ (Pinnacle network) | Virtual GP / after-hours telehealth sold as an extension of existing practices (B2B2C). | Pinnacle-operated; nationwide 7-day virtual consults, notes flow back to the patient's own practice; per-consult pricing; no public funding data | Source |
Neko Health AI-native health checks / longevity diagnostics / labs | EU Stockholm, Sweden | Daniel Ek's non-invasive full-body scan clinics (sensors + blood), AI-assessed, doctor-reviewed | $700M Series C at ~$7B valuation, July 2026, led by Lightspeed; 100k+ scans, 350k+ waitlist; £299/scan; NYC opening Fall 2026 | Source |
Function Health AI-native health checks / longevity diagnostics / labs | US Austin/NYC, USA | 160+ biomarker lab membership + AI 'medical intelligence'; added MRI/CT via Ezra | $298M Series B at $2.5B, Nov 2025 (Redpoint); $365/yr membership; acquired Ezra May 2025 ($499 22-min MRI) and Getlabs Apr 2026 | Source |
Superpower AI-native health checks / longevity diagnostics / labs | US San Francisco, USA | $199–499/yr 'health super-app': biannual 100+ biomarker panels + AI care plans | $30M Series A Apr 2025 led by Forerunner at >$300M post; $51M total; no Series B found as of Jul 2026 | Source |
Prenuvo AI-native health checks / longevity diagnostics / labs | Other Vancouver, Canada / SF | Whole-body MRI screening clinics with AI-assisted reads; expanding to blood/body-composition | $120M Series C Feb 2025 (Forerunner, Left Lane, Felicis); $275M total; 110k+ members; ~$100M 2024 revenue, profitable | Source |
Everlab AI-native health checks / longevity diagnostics / labs | AU Melbourne, Australia | Blood-first preventive/longevity membership: 100+ biomarkers, 1,000+ disease screens, telehealth doctors, AU$499–2,999 tiers | AU$65M (US$46M) Series A Jun 2026 led by Airtree, with Plural + Left Lane; ~AU$500M valuation per Forbes AU; international expansion funded | Source |
Sprinter Health AI-native health checks / longevity diagnostics / labs | US Menlo Park, USA | At-home phlebotomy + preventive care visits sold to US health plans (B2B2C) | $55M Series B May 2025 led by General Catalyst; $125M total; ~100k home visits; 18 states | Source |
Getlabs AI-native health checks / longevity diagnostics / labs | US USA | At-home lab collection network for Labcorp/Quest; API for diagnostics companies | ~$41.7M raised; covered 64% of US population, 45 markets; acquired by Function Health Apr 8, 2026 | Source |
Fountain Life AI-native health checks / longevity diagnostics / labs | US Naples FL, USA | High-end longevity centers (Robbins/Diamandis): full-body MRI, 100+ biomarkers, concierge membership | $18M Series B Aug 2025 (EOS Ventures); ~$108M total; expanding Houston, Miami, LA | Source |
Mito Health AI-native health checks / longevity diagnostics / labs | US Singapore/USA | YC-backed AI biomarker interpretation + at-cost lab testing marketplace | $2.2M seed Mar 2025 (YC, angels); $4M total | Source |
Q Bio AI-native health checks / longevity diagnostics / labs | US San Carlos, USA | Whole-body 'digital twin' scanner (Mark I + Gemini platform) | $80M+ raised through 2024 for scanner rollout; no 2025–26 round or commercial traction confirmed this run — status unclear, treat as fading | Source |
Anderson Longevity Clinic AI-native health checks / longevity diagnostics / labs | US USA | Longevity/hormone-optimization clinic launching nationwide turnkey franchise model | Nationwide franchise launched 2026; 13+ years operating; evidence the franchise/licensing angle is live | Source |
Overjet Dental: AI-native clinics + dental AI | US Boston, MA, US | FDA-cleared AI x-ray pathology detection sold to providers AND insurers for claims review | $53.2M Series C Mar 2024 at $550M valuation; ~$159M total incl. $24.6M Dec 2025 | Source |
Pearl Dental: AI-native clinics + dental AI | US Los Angeles, CA, US | FDA-cleared AI pathology detection in x-rays; PMS integrations incl. EXACT for UK/APAC | $58M Series B Jul 2024 at $400M valuation; 2023 revenue +458%; ADA strategic investor | Source |
VideaHealth Dental: AI-native clinics + dental AI | US Boston, MA, US | Dental AI diagnostics + workflow for DSOs | $40M Series B Jan 2025, $70M total; deployed with Heartland Dental (US) and dentalcorp (CA) | Source |
DentalMonitoring Dental: AI-native clinics + dental AI | EU Paris, FR | AI remote monitoring for orthodontics/dentistry via smartphone intraoral scans | $150M round at $1B valuation (first dental-software unicorn); ~$201M total; 1M+ patients, 50+ countries | Source |
Tend Dental: AI-native clinics + dental AI | US New York, NY, US | VC-backed 'dental studio' clinic chain — the AI-native-clinic cautionary tale | ~$270M raised; 25 clinics across 6 cities; closed locations 2023–24, patient lawsuits over unfinished treatment | Source |
Bola AI Dental: AI-native clinics + dental AI | US Boston, MA, US | Voice AI for perio/restorative charting and clinical notes inside dental PMS | 10,000+ dentists/hygienists, 3M+ charts completed; Open Dental integration Sep 2025; no disclosed VC funding found this run | Source |
Dandy Dental: AI-native clinics + dental AI | US New York, NY, US | Digital dental lab (AI design/manufacturing); expanding into PMS via Neem acquisition | $95M Series C Sep 2025 led by General Catalyst; >$100M revenue; acquired Neem PMS Dec 2025 | Source |
HeyDonto Dental: AI-native clinics + dental AI | US Chicago, IL, US | AI dental-medical data exchange + revenue cycle management (Conduit platform) | $20M seed Apr 2026 at $200M valuation | Source |
InsideDesk Dental: AI-native clinics + dental AI | Other Toronto, CA | AI revenue-cycle-management software for DSOs | Series A Jul 2026 led by Pender Ventures, with Round13 and Graphite returning | Source |
Abano Healthcare (Lumino NZ / Maven AU) Dental: AI-native clinics + dental AI | NZ Auckland, NZ | Australasia's largest DSO — proof non-dentist corporate ownership works in NZ/AU | Acquired by BGH Capital + Ontario Teachers' Dec 2020 at NZ$5.70/share; 180+ practices; Lumino 120+ NZ practices | Source |
Pacific Smiles Dental: AI-native clinics + dental AI | Other NSW, AU | Australian dental-centre chain; contested PE takeover benchmark for ANZ clinic values | NDC/Crescent A$327M scheme defeated (63.3% vote, needed 75%; Genesis Capital 19.9% blocker); delisted from ASX 2024 via takeover | Source |
Heartland Dental Dental: AI-native clinics + dental AI | Other Effingham, IL, US | Largest US DSO; primary enterprise AI adoption channel | 1,900+ offices in 39 states, 3,100 doctors, 11.5M patient visits 2025; VideaHealth AI partner | Source |
Software of Excellence / EXACT (Henry Schein One) Dental: AI-native clinics + dental AI | NZ Auckland, NZ (founded); Henry Schein-owned | NZ-built dominant PMS in AU/NZ/UK/IE — the ANZ distribution chokepoint | Founded NZ 1988, acquired by Henry Schein 2007; ~6,000 customers; Pearl AI integrated | Source |
Praktika Dental: AI-native clinics + dental AI | AU Melbourne, AU | First Australian cloud dental PMS (2007); AU-onshore data residency | 18+ years operating, self-funded profile, AU-only data centres; no VC funding found this run | Source |
Oscar Health AI-native ownership of the insurer or the pharmacy | US New York, USA | ACA-marketplace tech-native insurer; AI-heavy admin and member experience | FY2025 revenue $11.7B, MLR 87.4%; Q1 2026 revenue $4.6B, MLR 70.5%, net income $679M | Source |
Clover Health AI-native ownership of the insurer or the pharmacy | US Franklin TN, USA | Medicare Advantage insurer; Clover/Counterpart Assistant AI clinical platform, also sold as SaaS | Q1 2026 revenue $749M (+62% YoY), GAAP net income $27.3M, MA membership 155,773 (+51%); Assistant cohorts show ~8% MCR improvement yr1, ~20% by yr4 | Source |
Wefox AI-native ownership of the insurer or the pharmacy | EU Berlin, Germany | Insurtech that owned a carrier; restructured to asset-light MGA/distribution | €151M raised Jul 2025 after restructuring; sold its Liechtenstein carrier and Italian units; refocused on MGA model in AT/NL/CH | Source |
Sidecar Health AI-native ownership of the insurer or the pharmacy | US El Segundo CA, USA | Employer major-medical insurance with upfront transparent pricing and member payment card | $165M Series D led by Koch Disruptive Technologies; Koch Industries as jumbo-employer design partner; expanding OH/GA to FL | Source |
Southern Cross Health Society AI-native ownership of the insurer or the pharmacy | NZ Auckland, NZ | Not-for-profit friendly society; NZ's dominant private health insurer | ~60% of NZ members (951,808); NZ$1.7B claims FY25 (+16% volume); NZ$56.9M insurance deficit FY25 | Source |
nib NZ AI-native ownership of the insurer or the pharmacy | NZ Auckland, NZ (parent Sydney, AU) | NZ #2 private health insurer, Australian-owned | ~15% NZ market share, 160,000+ NZ members | Source |
Amazon Pharmacy AI-native ownership of the insurer or the pharmacy | US Seattle, USA | Amazon's US online pharmacy; price transparency, Prime delivery, RxPass | US online pharmacy ≈$5.7B of the $300B retail Rx market; category has drawn >$3B VC | Source |
Mark Cuban Cost Plus Drugs AI-native ownership of the insurer or the pharmacy | US Dallas, USA | Cash-pay transparent pharmacy: manufacturer cost +15% margin +$5 fill +$5 shipping; PBM bypass | 2,000+ discounted generics; manufactures shortage injectables; serves thousands of facilities; 2025–26 biosimilar expansion planned | Source |
Fuze Health (Alto + Truepill + LetsGetChecked) AI-native ownership of the insurer or the pharmacy | US San Francisco, USA | Rolled-up digital pharmacy + diagnostics + virtual care platform | Alto: $200M Series E (SoftBank) at >$700M revenue run-rate; acquired into Fuze Health May 2025 | Source |
Medly Pharmacy AI-native ownership of the insurer or the pharmacy | US Brooklyn, USA (defunct) | Digital pharmacy; cautionary full-stack failure — overgrowth before unit economics | Chapter 11 Dec 2022; assets sold to Walgreens early 2023 | Source |
Zoom Pharmacy / Zoom Health AI-native ownership of the insurer or the pharmacy | NZ Auckland, NZ | NZ online pharmacy; sachet adherence packing, scheduled delivery, pharmacist support | ~US$1.86M raised; The Warehouse Group an investor; publicly warns NZ dispensing funding model is unsustainable | Source |
Chemist Warehouse / Sigma Healthcare AI-native ownership of the insurer or the pharmacy | AU Melbourne, AU | ASX-listed pharmacy retail franchisor + wholesaler; AU category dominator, also operates in NZ | Merger completed Feb 2025; >A$30B market cap; A$10.3B retail network sales (+14%); >26% share, ~600 CW outlets + 1,200 Sigma-aligned pharmacies | Source |
Bargain Chemist AI-native ownership of the insurer or the pharmacy | NZ Christchurch, NZ | Kiwi-owned discount pharmacy chain + online store | Est. ~US$10M revenue, 130 employees; plans to double store count | Source |
Oura Consumer AI health hardware + subscriptions | US Oulu, Finland (US HQ San Francisco) | Smart ring + $6/mo-class subscription; sleep/readiness; category leader with >75% smart-ring share | $900M raise at ~$11B (Oct 2025); ~$1B 2025 revenue, 2x YoY; 5.5M rings, 2M subscribers; S-1 filed May 2026 | Source |
Whoop Consumer AI health hardware + subscriptions | US Boston, USA | Screenless strap, subscription-only membership (~85% of revenue recurring); recovery/strain analytics | $575M Series G at $10.1B (Mar 2026); $1.1B bookings run-rate +103% YoY; 2.5M+ members; cash-flow positive 2025 | Source |
Ultrahuman Consumer AI health hardware + subscriptions | Asia Bengaluru, India | Smart ring (Ring Pro) + CGM app; capital-efficient Oura challenger | FY25 revenue $64M, ~$150M annualized run-rate; ~$103M total raised; US re-entry Mar 2026 after Oura ITC patent dispute forced redesign | Source |
Eight Sleep Consumer AI health hardware + subscriptions | US New York, USA | $3,000 AI temperature-regulating mattress cover (Pod) + Autopilot subscription; expanding into medical | $100M raise Aug 2025 (>$260M total); >$500M cumulative Pod sales; FCF-positive H1 2025 | Source |
Withings Consumer AI health hardware + subscriptions | EU Issy-les-Moulineaux, France | Connected scales, BP monitors, watches, BeamO multiscope; consumer + RPM | 2024 revenue ~$118M; $60M Series B (2020, ~$300M valuation); €20.7M French-state investment Dec 2024 | Source |
Garmin Consumer AI health hardware + subscriptions | US Olathe, Kansas, USA (Schaffhausen-registered) | Public wearables giant; launched Connect+ AI subscription 2025 | FY2025 revenue $7.25B (+15%); fitness segment $2.36B (+33%); 2026 guidance $7.9B | Source |
Dexcom (Stelo) Consumer AI health hardware + subscriptions | US San Diego, USA | First OTC wellness CGM (Aug 2024); subscription model; opens glucose data to non-diabetics | 140K+ users, $22M revenue through end-2024; analyst est. $200M 2025; Dexcom FY26 guidance $5.16–5.25B | Source |
Abbott (Lingo) Consumer AI health hardware + subscriptions | US Abbott Park, Illinois, USA | OTC wellness CGM biowearable; consumer metabolic coaching app | UK launch 2024 at ~€120/month; US OTC clearance; revenue not broken out; Abbott also invested in Whoop's Series G | Source |
Levels Consumer AI health hardware + subscriptions | US USA (remote-first) | CGM-based metabolic health app on top of third-party sensors | $38M Series A + $10M extension (a16z, Aug 2024); 60K+ members | Source |
Signos Consumer AI health hardware + subscriptions | US Palo Alto, USA | AI weight-management platform pairing Dexcom OTC CGM with coaching | $20M raised May 2026 from GV, Dexcom, Blue Cross Blue Shield of Alabama; FDA-cleared for weight management | Source |
Bee (Amazon) Consumer AI health hardware + subscriptions | US San Francisco, USA | $50-class AI memory wristband; acquired by Amazon | Acquired by Amazon July 2025, terms undisclosed — big-tech absorption of AI-wearable category | Source |
Limitless (Meta) Consumer AI health hardware + subscriptions | US San Francisco, USA | AI recorder pendant; acquired by Meta, hardware discontinued | Meta acquisition announced Dec 2025; pendant recording shut off Dec 19, 2025 — cautionary consolidation signal | Source |
Friend Consumer AI health hardware + subscriptions | US San Francisco, USA | $129 AI companion necklace; emotional-support positioning | ~$7–8.5M raised (Perplexity CEO, Solana founders); $1M NYC ad campaign drew backlash; still independent | Source |
Movano Health (Evie) Consumer AI health hardware + subscriptions | US Pleasanton, California, USA | Women's-health smart ring; FDA 510(k)-cleared EvieMED variant | Struggling: rocky 2024 launch/relaunch; $4.1M public offering for working capital; EvieAI assistant at CES 2025 | Source |
Samsung (Galaxy Ring) Consumer AI health hardware + subscriptions | Asia Suwon, South Korea | $399 no-subscription smart ring; big-tech challenger to Oura | Galaxy Ring 2 slipped to early 2027 after soft sales and Oura ITC patent fight — even Samsung struggles vs Oura's >75% share | Source |
Volpara Health (→ Lunit) Clinical AI devices & diagnostics | NZ Wellington, NZ | Breast-imaging AI: density, risk scoring, screening quality software | Acquired by Lunit for A$1.15/share, ~A$292M (US$193M), completed May 2024; ~US$40M FY24 revenue ≈4.85x multiple | Source |
Alimetry Clinical AI devices & diagnostics | NZ Auckland, NZ | Wearable body-surface gastric mapping + AI for gastric disorder diagnosis | US$18M A2 round Oct 2024 led by GD1; US$31.7M total; 4 FDA clearances, CPT III code, 30+ clinical studies | Source |
Toku Eyes Clinical AI devices & diagnostics | NZ Auckland, NZ | Retinal-image AI for eye disease and cardiovascular/diabetes risk (THEIA) | ~US$10.5M raised plus ~$4M NZ grants; acquired by Topcon Healthcare Oct 2025 | Source |
HeartLab Clinical AI devices & diagnostics | NZ Auckland, NZ | Cloud echo PACS + AI-assisted echocardiography reporting (Pulse) | ~NZ$8M raised (Founders Fund, Icehouse, Outset); 2026 Advara contract: 100 clinics, 130 cardiologists; software touches 500k+ patients/yr | Source |
Formus Labs Clinical AI devices & diagnostics | NZ Auckland, NZ | AI 3D pre-operative planning for hip/joint replacement | First FDA 510(k)-cleared automated hip-planning software, May 2023; Auckland Bioengineering Institute spin-out; GD1-backed | Source |
Aroa Biosurgery Clinical AI devices & diagnostics | NZ Auckland, NZ | Soft-tissue regeneration devices (non-AI medtech export comp) | FY26 revenue NZ$104M, +23% YoY; normalised EBITDA NZ$12.6M; debt-free; ASX-listed | Source |
Harrison.ai Clinical AI devices & diagnostics | AU Sydney, AU | Clinical AI holding co: radiology (Annalise) + pathology (Franklin) | US$112M Series C Feb 2025 (Aware Super, ECP, Horizons, Blackbird, NRFC); >US$240M total; Boston US HQ | Source |
Annalise.ai Clinical AI devices & diagnostics | AU Sydney, AU | Comprehensive CXR (124 findings) and head-CT (130 findings) triage AI | Live in 40+ NHS trusts, expanding to 64 via NHS AI Diagnostic Fund; NHS Grampian cut lung-cancer treatment delay 9 days | Source |
See-Mode Technologies Clinical AI devices & diagnostics | AU Melbourne, AU | AI ultrasound analysis/reporting: vascular, breast, thyroid | ~US$10M raised (Blackbird, MassMutual); acquired by RadNet June 2025; 30% scan-time reduction across 12 RadNet centers | Source |
EMVision Clinical AI devices & diagnostics | AU Sydney, AU | Portable electromagnetic brain scanner for bedside/ambulance stroke diagnosis | Raised up to A$14M in 2026; multi-centre prevalidation: up to 95% accuracy classifying bleed vs clot; pre-FDA | Source |
4DMedical Clinical AI devices & diagnostics | AU Melbourne, AU | Quantitative lung-function imaging software (CT:VQ) | FDA clearance for CT:VQ Sept 2025; Stanford + Miami partnerships ~20,000 scans/yr; targeting profitability late 2026–early 2027 | Source |
Pro Medicus Clinical AI devices & diagnostics | AU Melbourne, AU | Enterprise radiology imaging/viewer software (Visage) — the ASX benchmark comp | Market cap A$22.33B at 7 Jul 2026 (A$210.74/share), down 32% over the year | Source |
Eko Health Clinical AI devices & diagnostics | Other Emeryville/Oakland, US | AI-enabled digital stethoscopes for heart/lung disease detection | US$41M Series D June 2024; ~US$195M total raised | Source |
Butterfly Network Clinical AI devices & diagnostics | Other Burlington MA, US | Handheld chip-based point-of-care ultrasound + AI software | TTM revenue US$103M (Mar 2026); market cap US$2.33B (Jun 2026) | Source |
Scribenote Veterinary AI: scribes + practice management | Other Waterloo, Canada | AI scribe for veterinarians; auto-generates SOAP notes from consult audio | $8.2M seed led by a16z, Sep 2024; 1.5M+ notes across 500+ clinics; launched free scribe tier Jun 2025 | Source |
Digitail Veterinary AI: scribes + practice management | US Austin, TX, US (Romanian-founded) | Cloud all-in-one veterinary PMS with embedded AI (Tails AI) | $23M Series B led by Five Elms, Nov 2025; ~$37M total incl. $11M Series A led by Atomico | Source |
VetRec Veterinary AI: scribes + practice management | Other US | AI veterinary scribe; SOAP notes plus enterprise tier for vet networks | Funding undisclosed; self-positions as #1 AI vet scribe with dedicated enterprise product for consolidator networks | Source |
ScribbleVet (Instinct Science) Veterinary AI: scribes + practice management | Other US | Vet AI scribe with Plumb's drug integration; university partnerships (UC Davis, U Florida) | Acquired by Instinct Science Jan 2026 — first scribe consolidation signal in the category | Source |
Metriport Health-data interoperability + personal health records | US San Francisco, US | Open-source universal API for patient medical records (Carequality/CommonWell access) | $2.4M seed at $20M valuation post-YC S22; claims 300M+ patient records reachable via one API | Source |
Particle Health Health-data interoperability + personal health records | US New York, US | FHIR API to query nationwide patient records for digital health companies | $25M Series B led by Canvas Ventures; $39.3M total raised | Source |
Zus Health Health-data interoperability + personal health records | Other Watertown, MA, US | Shared patient-data platform (Zus Aggregated Profile) for digital health builders | $73.6M total raised across rounds | Source |
Fasten Health Health-data interoperability + personal health records | US San Francisco, US | Open-source, self-hosted personal/family health record manager | Only ~$20K raised (Techstars et al.) — consumer PHR remains near-unfunded white-space | Source |
Lindus Health Clinical-trial AI + digital twins | UK London, UK | 'Anti-CRO' — AI/tech-enabled end-to-end clinical trial delivery (Citrus platform) | $55M Series B led by Balderton, Jan 2025; attacking the $112B CRO industry | Source |
Unlearn.AI Clinical-trial AI + digital twins | US San Francisco, US | AI digital twins of trial participants to shrink control arms (TwinRCTs) | $50M Series C led by Altimeter, Feb 2024; $130M+ total raised | Source |
Slingshot AI (Ash) Mental-health + behavioural AI | US New York, US | Foundation model for psychology; Ash consumer AI-therapy app | $93M total at Jul 2025 launch (Series A ext. co-led by Radical, Forerunner; a16z prior); 50,000 beta users | Source |
Sensi.AI Senior care + in-home monitoring | Asia Tel Aviv, Israel / US | Audio-based 24/7 in-home senior monitoring sold to home-care agencies | $45M Series C led by Qumra, Oct 2025; $98M+ total; detects 100+ insight types (falls, UTIs, cognitive change) | Source |
Honor (Home Instead) Senior care + in-home monitoring | US San Francisco, US | Home-care tech platform that acquired the Home Instead franchise network | ~$635M raised; bought Home Instead 2021; 15% HQ layoffs Jun 2023 — cautionary tale on owning care ops | Source |
Midi Health Owning care delivery: AI-native clinics / primary care / telehealth | Other US | Virtual perimenopause/menopause clinic expanding to broader midlife women's health | $100M Series D at $1B valuation, Feb 2026 (Goodwater led); $250M+ raised to date | Source |
General Catalyst Investors: health-AI VCs, accelerators + capital pools | UK Cambridge/San Francisco, US | Largest health-AI investor; incubates companies (Hippocratic AI, Commure) and owns provider assets. | Led Commure's $70M round at $7B valuation, May 2026; co-created Hippocratic AI ($126M Series C, Nov 2025); joined Neko Health's $260M Series B. | Source |
a16z Bio+Health Investors: health-AI VCs, accelerators + capital pools | Other Menlo Park, US | Dedicated bio+health fund; leads clinical- and ambient-AI mega-rounds. | Led Abridge's $300M Series E at $5.3B, Jun 2025; co-led Ambience Healthcare's $243M Series C. | Source |
Thrive Capital Investors: health-AI VCs, accelerators + capital pools | US New York, US | Growth fund leading the biggest AI rounds, including health. | Co-led (with DST) OpenEvidence's $250M at $12B, Jan 2026 — doubled from $6B in Oct 2025; company >$100M annualized revenue. | Source |
Oak HC/FT Investors: health-AI VCs, accelerators + capital pools | Other Stamford, CT, US | Healthcare + fintech specialist. | $1.94B Fund V (2024); co-led Ambience Healthcare's $243M Series C at $1.25B with a16z, Jul 2025. | Source |
Khosla Ventures Investors: health-AI VCs, accelerators + capital pools | Other Menlo Park, US | Deep-tech VC; long-time health-AI backer. | Joined a16z in Abridge's $300M Series E, Jun 2025. | Source |
Bessemer Venture Partners Investors: health-AI VCs, accelerators + capital pools | US San Francisco/New York, US | Multi-stage VC; publishes the State of Health AI benchmark. | Investor in Hinge Health (IPO May 2025 at $2.6B); its 2026 report: ~$14B/527 health-tech deals in 2025, 55% to AI. | Source |
Flare Capital Partners Investors: health-AI VCs, accelerators + capital pools | US Boston, US | Healthcare-tech specialist, seed/Series A. | $350M Fund III; backed real-world-evidence company Aetion (exited 2025) and HealthVerity. | Source |
Transformation Capital Investors: health-AI VCs, accelerators + capital pools | US Boston, US | Growth-stage digital-health specialist. | $800M Fund III; flagship health-AI bet Transcarent (AI health navigation). | Source |
Y Combinator Investors: health-AI VCs, accelerators + capital pools | US San Francisco, US | Accelerator; largest early-stage health-AI dealflow; standard NZ→US bridge. | 131 healthcare-IT startups funded; 2025–26 cohorts cluster on admin-AI agents — LunaBill (billing calls), Clarion (clinic comms), Ruma Care (prior auth). | Source |
Blackbird Ventures Investors: health-AI VCs, accelerators + capital pools | NZ Sydney, AU (NZ fund in Auckland) | ANZ's largest VC; anchor ANZ health-AI investor; runs an NZGCP-backed NZ fund. | Heidi Health backer through US$65M Series B led by Point72 at A$703M (~US$465M) valuation; also in Harrison.ai's US$112M Series C. | Source |
Heal Capital Investors: health-AI VCs, accelerators + capital pools | EU Berlin, DE | Healthtech fund backed by 25+ German private health insurers; €1–5M tickets, seed–Series A. | Fund 2 raised >€100M in 2025 with European Investment Fund participation. | Source |
Sofinnova Partners Investors: health-AI VCs, accelerators + capital pools | EU Paris, FR | European life-sciences VC with a dedicated Digital Medicine strategy. | >€4B AUM, 500+ companies backed; Digital Medicine strategy targets AI/data-driven healthtech at seed–Series A. | Source |
Calm/Storm Ventures Investors: health-AI VCs, accelerators + capital pools | EU Vienna, AT | Micro-VC for pre-seed/seed digital health and wellbeing. | 30+ digital-health investments across €25M Fund I and €20M Fund II. | Source |
Icehouse Ventures Investors: health-AI VCs, accelerators + capital pools | NZ Auckland, NZ | NZ's most active seed investor; first-cheque specialist. | NZ$70M Seed Fund IV (2025); NZ$600M+ into 350+ NZ companies; portfolio includes cardiac-AI HeartLab, co-backed by Founders Fund. | Source |
Pacific Channel Investors: health-AI VCs, accelerators + capital pools | NZ Auckland, NZ | NZ deep-tech VC; science-led health and wellbeing startups. | NZ$125M+ AUM after NZ$10M NZGCP Elevate follow-on, May 2025. | Source |
Eucalyptus Owning care delivery: AI-native clinics / primary care / telehealth | AU Sydney, Australia | Consumer telehealth brands (Juniper GLP-1 weight loss, Pilot, Kin) — owns the care provider model | US$190M raised at US$1.37B valuation (2025); ~US$450M ARR; being acquired by Hims & Hers for US$1.15B | Source |
Volpara Health Clinical AI devices & diagnostics | NZ Wellington, New Zealand | Breast-imaging AI for density assessment and cancer screening quality | Acquired by Lunit (Korea) for US$193M, completed May 2024; used in ~1/3 of US breast-screening facilities | Source |
Toku (Toku Eyes) Clinical AI devices & diagnostics | NZ Auckland, New Zealand | Retinal-image AI (CLAiR) assessing cardiovascular and kidney risk during routine eye exams | US$8M Series A (2023), >US$10.5M total; National Vision + Topcon strategic investors; 2 FDA Breakthrough Device designations; US rollout via optometry | Source |
HATCo (General Catalyst) AI roll-up / buy-and-transform healthcare | US USA | VC-owned hospital operator; buys health systems as AI-transformation proving grounds | $515M Summa Health acquisition closed Oct 1, 2025 — first VC-owned hospital system; $350M committed over 5 yrs + $200M over 7 | Source |
Thrive Holdings AI roll-up / buy-and-transform healthcare | US New York, USA | Thrive Capital permanent-capital holdco buying accounting/IT firms, rewiring with AI; OpenAI holds a stake | ~$2B raise from SoftBank/Altimeter/D1 (2026) atop $1B prior; owns Current (48 accounting firms acquired, $300M+ revenue) + Shield | Source |
Long Lake AI roll-up / buy-and-transform healthcare | US USA | GC-incubated HOA-management roll-up run on AI agents | ~$670M raised; $100M EBITDA in under 2 years; agreed $6.3B Amex GBT take-private May 2026 | Source |
Metropolis AI roll-up / buy-and-transform healthcare | US USA | Computer-vision checkout-free parking; bought largest US parking operator to deploy its AI | $1.8B financing (Eldridge-led); SP Plus take-private ~$1.5B EV closed May 2024; 4,000+ locations | Source |
Dwelly AI roll-up / buy-and-transform healthcare | UK London, UK | AI roll-up of UK lettings agencies; closest small-scale analog to a clinic roll-up | £69M/$93M Feb 2026 (£32M equity GC-led + £37M Trinity debt); 10 agencies, 10k+ properties; seeking $200M more | Source |
Radiology Partners AI roll-up / buy-and-transform healthcare | US USA | Largest US radiology roll-up (PE, pre-AI playbook); the leverage cautionary case | Feb 2024: $720M growth equity + debt exchange cut debt ~$600M (20%) to ~$2.4B; leverage 9.6x→8x | Source |
Tāmaki Health (TPG) AI roll-up / buy-and-transform healthcare | NZ Auckland, NZ | Largest NZ private GP/urgent-care group, PE-owned | US PE firm TPG closed purchase March 2026 for reported $450m — 51 clinics, 230k+ enrolled patients | Source |
General Catalyst AI-rollup program Investors: health-AI VCs, accelerators + capital pools | US San Francisco, US | VC capital pool for AI-enabled services rollups — the capital template, mostly non-clinic services so far | ~$1.5bn allocated to AI-enabled rollups since late 2023 (Long Lake ~$670m raised, $100m EBITDA in <2yrs) | Source |
SafetyCulture H&S / EHS software + AI products | AU Sydney, Australia | Frontline operations/inspections platform (iAuditor); freemium PLG; now pushing agentic AI | US$2.5B valuation after $165M round Sep 2024 (Airtree-led); 85,000 customers, ~2M users; acquired Twine Apr 2026 for agentic AI | Source |
Intenseye H&S / EHS software + AI products | US New York, US (Turkish-founded) | Computer-vision AI on existing cameras detecting unsafe acts/conditions for enterprise EHS | $64M Series B Feb 2024 led by Lightspeed; >$90M total raised | Source |
Protex AI H&S / EHS software + AI products | EU Dublin, Ireland | Privacy-preserving CV safety platform plugging into CCTV; Fortune 500 manufacturing/logistics | $36M Series B Feb 2025 (Hedosophia, Salesforce Ventures); $54M total; claims 64% risk reduction in 3 months; Amazon, Tesla users | Source |
Voxel H&S / EHS software + AI products | US San Francisco, US | Real-time CV safety on existing security cameras; warehousing, manufacturing, insurance partners | $44M Series B Jun 2025 (NewRoad Capital; Tokio Marine investor); $61M total; 147% YoY growth claimed | Source |
EcoOnline H&S / EHS software + AI products | UK Oslo/London | EHS + chemical management + ESG SaaS suite; serial acquirer (12 acquisitions in 4 years) | Apax take-private 2022 at ~NOK 3.77B offer; 10,000+ customers across UK/EU/Nordics/NA/ANZ | Source |
HSI / Donesafe H&S / EHS software + AI products | AU US (HSI); Donesafe Sydney, AU | EHS training + no-code EHS software platform; PE roll-up | Waud Capital-backed HSI acquired Donesafe Feb 2020; 8+ follow-on safety/training acquisitions | Source |
Ideagen H&S / EHS software + AI products | UK Nottingham, UK | GRC + EHS software (Ideagen EHS, ex-ProcessMAP); 10,000+ org customers | Hg take-private ~£1.09B Jun 2022; FY2022 revenue £92.2M, EBITDA ~£30.5M; run-rate £102M by Apr 2024 | Source |
Cority H&S / EHS software + AI products | Other Toronto, Canada | Enterprise EHS + occupational health platform; strong in occ-health/industrial hygiene | Thoma Bravo majority since 2019; est. ~$150M revenue (unconfirmed); Thoma Bravo reportedly exploring sale | Source |
VelocityEHS H&S / EHS software + AI products | US Chicago, US | Mid-market EHS SaaS (Accelerate platform); SDS/chemical heritage | CVC Growth majority + Partners Group minority (2022); profitable, revenue undisclosed, actively acquiring | Source |
Avetta H&S / EHS software + AI products | Other Lehi, Utah, US | Contractor prequalification / supply-chain risk network (peer of ISN, Veriforce) | EQT acquired Apr 2024 ~$3B, ~24x projected 2024 EBITDA $125M; 500+ hiring clients, 360k contractors, 130 countries | Source |
Safe365 H&S / EHS software + AI products | NZ Tauranga, New Zealand | H&S maturity assessment / capability platform; the NZ incumbent | Bootstrapped (no funding raised); 8,500+ organisations used it incl. Heathrow, TripAdvisor; Microsoft Azure Marketplace co-sell partner | Source |
Evotix (SAI360) H&S / EHS software + AI products | UK Chicago, US / London, UK | Mid-market EHS software (ex-SHE Software); merged into SAI360 GRC group | SAI360 acquired Evotix May 2023, terms undisclosed; positioned for mid-market/low-risk industries | Source |
IMPAC H&S consultancy & occupational-health services | NZ Auckland, NZ | NZ's largest H&S firm: consulting, training, software, PreQual prequalification, recruitment, PPE | ~NZ$15M revenue, ~110 staff; acquired Safeworx (PPE) Dec 2020 — itself a mini roll-up | Source |
Habit Health H&S consultancy & occupational-health services | NZ Wellington, NZ | NZ's largest allied-health/occupational-health provider: workplace medicals, physio, EAP, injury rehab | 130+ clinics, 29 occupational-health clinics, 877 employees; backed by PE firm Five V Capital | Source |
Citation Group H&S consultancy & occupational-health services | UK Wilmslow, UK | Subscription H&S + HR/employment-law + ISO compliance for SMEs — the roll-up playbook | 110,000+ SME clients across UK/Canada/Australia; Hg+KKR+HarbourVest owners (Dec 2024); 2020 KKR deal reportedly £450–525m | Source |
Peninsula Group (Employsure in ANZ) H&S consultancy & occupational-health services | AU Manchester, UK (Employsure: Sydney) | Subscription HR + WHS advice, documentation, representation for SMEs in AU/NZ | Group revenue £425m FY24, 145,000+ client businesses globally; Peninsula Australia ~A$305M revenue | Source |
Alcumus H&S consultancy & occupational-health services | UK Cardiff, UK | Contractor prequalification (SafeContractor), safety compliance services and certifications | Apax controlling stake Feb 2022; ~750 employees; software division merged into EcoOnline Jan 2023 | Source |
APM (incl. Konekt) H&S consultancy & occupational-health services | AU Perth, AU | Human services giant; Konekt is Australia's largest private workplace rehab/injury-management provider | Bought Konekt for A$51.8M in 2019; taken private by Madison Dearborn at A$1.45/share, delisted Nov 2024 | Source |
Sonic HealthPlus H&S consultancy & occupational-health services | AU Australia (Sonic Healthcare subsidiary) | Australia's leading occupational-healthcare provider: pre-employment medicals, drug/alcohol testing, injury management, national clinics | Wholly-owned clinics nationwide incl. remote/mining sites; backed by ASX-listed Sonic Healthcare | Source |
Safewise H&S consultancy & occupational-health services | NZ Hamilton, NZ | Typical NZ owner-operator SME consultancy: systems, audits, training, ICAM investigations | Est. 2008, Waikato-focused; partners with Site App Pro software; — exemplar of the fragmented long tail, not a threat | Source |
Qure.ai Clinical AI devices & diagnostics | Asia Mumbai, India | Medical-imaging AI across chest X-ray (qXR), head CT (qER) and CT — including TB screening and lung-nodule detection deployed through national health programmes | $65M Series D led by Lightspeed + 360 ONE (Sep 2024), with Merck GHI Fund, Kae Capital, Novo Holdings, HealthQuad; 26 FDA-cleared indications after six new qXR-Detect clearances (Feb 2026); deployed 90+ countries / 3,000+ sites at Series D, 107+ countries claimed 2026; TIME100 Most Influential Companies 2025; founded 2016 | Source |
Bunkerhill Health Clinical AI devices & diagnostics | US Palo Alto, USA | Carebricks platform for building and deploying clinical + operational AI agents inside health systems — imaging review (coronary calcium, lung nodules), follow-up identification, prior authorisation, registry management | $55M total funding to date per the company's Jul 2026 announcement, Series B led by Khosla Ventures with Sequoia, Felicis, Optum Ventures and Y Combinator (secondary coverage reports the B itself at $25M — figures differ, re-verify); 15 health systems incl. Cleveland Clinic, Mayo Clinic, Intermountain Health, UTMB; YC S20, out of Stanford AIMI | Source |
Luminai Revenue-cycle / medical-coding / billing AI | US San Francisco, USA | AI workflow-automation platform purpose-built for health-system operations — moving data between disconnected systems, revenue-cycle and billing workflows, prior authorisation, claims, forms and eligibility checks | $38M Series B led by Peak XV Partners (Apr 2026) with Define Ventures, General Catalyst and Y Combinator; $60M total raised ($3.4M seed, $16M Series A 2022); platform reports 12M workflow automations and an average 48-day time to value | Source |
Nourish Owning care delivery: AI-native clinics / primary care / telehealth | US New York, USA | Insurance-covered virtual nutrition care: telehealth visits with registered dietitians for chronic-condition management, on an AI-native scheduling and documentation platform | $70M Series B led by J.P. Morgan Private Capital Growth Equity Partners (Apr 2025) with Thrive, Index, Y Combinator, Maverick, BoxGroup, Atomico, G Squared, Pinegrove; $115M total raised ($35M Series A Mar 2024); claims the largest registered-dietitian network in the US | Source |
August AI Consumer AI health hardware + subscriptions | Asia Bengaluru, India | Consumer AI health companion delivered over WhatsApp and mobile apps, answering health questions against a user's own health profile and history; also sold B2B to hospital chains and telehealth providers | $3M (INR 26.6 Cr) seed from Accel and Claypond Capital, the family office of Manipal chairman Ranjan Pai; 1M+ users reported; founded 2022 by Anuruddh Mishra. NOTE: distinct from August Health, the unrelated US senior-living EHR company | Source |
Company count per segment within the current search and geography, relative to the densest segment. Click a segment to filter the board.
Competitive landscape extracted from the July 2026 AI x healthtech research corpus (qai-research/research/healthtech). Every traction figure was sourced at research time; `source` is the citation URL. Point-in-time snapshot — funding and traction age fast, so re-verify a row's source before it informs a decision. Absence from this list is not evidence a competitor does not exist. Region is derived by bucketing the free-text HQ string on its first country or city token. Not investment, commercial or legal advice.