SaaS startups have become the darling of Venture Capital investors, especially in the Health Care industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 23 VC funded SaaS startups in the Health Care industry.
AlayaCare is a start-up that offers a complete hardware ecosystem and software platform for home health care. The platform enables home care organizations to provide hybrid telehealth/visiting health solutions, empowering patients to live healthier lives while lowering healthcare costs. The founders are a successful group of businessmen who have started, grown, and sold two mobile software companies. AlayaCare seeks to address a market plagued by antiquated software and ineffective business procedures. Better patient outcomes, better physician tools, and better payer economics are all the results of doing this. It fosters an environment where everyone in the team is encouraged to disagree while yet always keeping the bigger vision in mind. Through its partnership with The Madiro Fund, the business also offers its service without charge to NGOs operating in poor nations that want to use mobile technology to better the lives of those who are less fortunate. In Montréal, Quebec, Adrian Schauer and Neil Grunberg established the business in 2014.
Cohere Health is a software-as-a-service company that focuses on the patient journey and has the following goals: to significantly enhance patient, provider, and health plan experiences; to raise the quality of care provided; to lower total cost of care; and to raise transparency throughout the patient care journey. Cohere Health, with its headquarters in Boston, Massachusetts, was established in 2019 by Duncan Reece and Siva Namasivayam.
Through the creation of VR-based therapeutic tools and games, CUREosity hopes to transform conventional rehabilitation for those with neurological and mental impairments. To enhance the cognitive, sensory, and motor rehabilitation, CUREosity offers the CE-certified medical device CUREO, a treatment system. Patients are motivated to engage in high-frequency training and, as a result, experience rapid therapeutic results by being immersed in new worlds with various situations and gaming aspects. With CUREO, several patients can get therapy from only one therapist, allowing for the most effective use of clinic resources. On November 26, 2018, in Düsseldorf, Thomas Saur, Stefan Arand, and Marco Faulhammer established CUREosity.
For the remote diagnosis and treatment of the majority of minor medical disorders, primary care physicians can use the online application Evisit to communicate with their patients via phone or webcam. By enabling doctors to recoup patient visits from urgent care and emergency rooms, the business is upsetting the $135 billion primary care industry and transforming the way healthcare is delivered. Patients receive top-notch treatment from the doctor who knows them best whether working, at home, or on the go, while doctors recover lost money from missed visits. The eVisit platform enables healthcare professionals to take co-payments from patients, electronically send prescriptions to the pharmacy of their choosing, and submit medical records for payment to third-party payers. By preserving the doctor-patient contact and keeping patients in their PCMH, eVisit avoids various regulatory difficulties, in contrast to other telemedicine providers (Patient-Centered Medical Home).
Millions of customers and companies trust Fresha, the top marketplace platform for beauty and wellness, all over the world. Fresha's marketplace enables customers to find, reserve, and pay for beauty and wellness appointments with nearby businesses, while its intuitive free business software and financial technology solutions provide beauty and wellness professionals and businesses with an all-in-one platform to manage their entire operation. By facilitating appointment scheduling, point-of-sale, customer records administration, marketing automation, loyalty, beauty product stocking, and team management, Fresha's ecosystem provides businesses with everything they need to operate smoothly. By utilizing the power of online reservations, automated marketing, mobile applications, and sophisticated connections with well-known internet companies like Instagram, Facebook, and Google, the consumer marketplace increases income potential for partner businesses. Over 300,000 professionals and 80,000+ organizations use Fresha to process over 30 million appointments each month. With its global offices in New York City, Vancouver, Sydney, Dublin, Amsterdam, Dubai, and Warsaw, Fresha has its headquarters in London, United Kingdom.
For networked medical machines, Glassbeam is a pioneer in data and predictive analytics that gives structure and meaning to complicated data produced by a diverse fleet of medical devices. For companies like Canon Medical Systems USA, MultiCare Health System, UCSF Health, Scripps Medical, Harris Health, and US Radiology, effective solutions for improving equipment uptime and usage are only available with Glassbeam's innovative cloud-based platform. AWS hosted the 2013 launch of Glassbeam, a platform for IIoT analytics. Since then, with the help of linked medical equipment, the company has effectively concentrated on the healthcare business. The corporation has its headquarters in Santa Clara, California, in the Silicon Valley.
Glooko is the global diabetes platform that offers information to help PWDs and their care teams achieve better results. Glooko provides tailored, timely patient information such as glucose level, food, insulin, medicine, blood pressure, diet, and weight data by connecting to the most widely used diabetic devices in the world as well as the most significant fitness and activity trackers. We are utilized by more than 1.5 million PWDs in 23 countries and 15 languages, and we are trusted by the world's top experts in the treatment of diabetes. We have over 7,000 clinical sites. Please visit www.glooko.com to learn more.
The serverless cloud communications platform (CPaaS) for mission-critical real-time communication is called iotcomms.io. has an emphasis on encapsulating telecom complexity into APIs for the IOT sector, including security, care, and IOT devices, as well as the Unified Communication sector.
A B2B technology and innovation company called Lenus eHealth offers cloud-based SaaS to a wide range of healthcare professionals.
A healthcare firm called Linc'well offers software as a service (SaaS) to hospitals and other medical facilities in an effort to reduce medical inefficiencies.
Medesk is a platform for delivering healthcare digitally. It enables medical professionals anywhere to give care in a setting with an efficient clinical workflow.
Medicom's health information network is focused on solving longstanding interoperability challenges in healthcare. Today, clinical data is stored across thousands of information silos in hospitals, health systems, and practices. Medicom's Network brings a patient's complete medical history into a familiar search-oriented user-interface and replaces faxes, mailed or couriered paperwork, and CD-ROMs carrying clinical information. Over 2,000 healthcare organizations participate on Medicom's Network through over 3,500 unique connections. Medicom's deepMed Marketplace, which is layered on top of the Network, serves healthcare data consumers at life science, pharmaceutical, and medical device companies. deepMed facilitates curation of large longitudinal data sets for research, drug discovery, machine learning, market validation, and AI applications. Medicom was founded by Michael Rosenberg, Malcolm Benitz, and Chase Ballard.
Mytonomy's Cloud for Healthcare enables healthcare providers to put everything patients require in the palm of their hands so they may take care of themselves. With attention-grabbing, broadcast-quality microlearning films and a potent array of communication and survey tools for ongoing development, Mytonomy involves patients in their treatment. Mytonomy delivers a personalized experience that helps patients manage chronic diseases, better prepare for invasive operations, and more precisely adhere to post-discharge treatment programs, all under the control of an innovative, intelligent healthcare CRM. This is a key component of a new virtual care model and the driving force for digital transformation. Mytonomy empowers businesses to perform better and promotes patient wellness as a consequence. An organization's particular patient group and branding needs may be met by adapting the high-quality educational videos produced by Mytonomy's award-winning content studio. The Mytonomy Cloud for Healthcare, which has five extensive modules, provides this service. The following cloud services are available to patients: (1) Patient Experience Cloud, which offers a customized viewing environment that opens the hospital's digital front door; (2) Content Cloud, which streams video content to patients on any device, anytime, anywhere; (3) Communications Cloud, which sends surveys and text and email reminders to patients to improve experiences; (4) Analytics Cloud, which provides actionable insights for data-driven decisions; and (5) Research Cloud, which supports Institutional Review Board (IRB) participation. The enterprise cloud platform from Mytonomy also incorporates with popular EHR programs to provide professionals and patients with seamless user interfaces.
Pivotal is Business Intelligence for Healthcare Growth. Improving Healthcare Investment Decisions with Amplified Data, Powerful Analytics, and Actionable Insights.
Rehab for Japan is developing a special rehabilitation SaaS for day service .
Reveleer is a healthcare software and services company that empowers payers in all lines of business to take control over their risk adjustment and quality improvement programs. The Reveleer platform enables payers to independently execute and manage every aspect of provider outreach, retrieval, coding, abstraction and reporting – all under one single platform. Leveraging its technology, proprietary data sets, and subject matter expertise, Reveleer also assists payers with full record retrieval and review services to support financial performance and improved member outcomes.
Rivia Health brings easeful efficiency to healthcare patient payments. We work with healthcare provider organizations to complement their revenue cycle operations and get them paid more while doing less. Rivia Health alleviates staff overwhelm by reducing manual tasks related to outstanding patient responsibility. Our communication and payment platform integrates with the practice management or RCM system to automate billing workflows like appointment and billing reminders, copay or pre-service payments, and payment plan setup. In addition to saving staff time, Rivia Health also improves financial results by communicating more dynamically to patients about balances across text and email and by making it easier for patients to pay across multiple payment methods with a 3-step, no login required process.
Future brain treatments including neuromodulation and data collection will be supported by Rune Labs' software. To handle complicated therapies and maximize the use of available data, the platform's software-as-a-service platform collaborates with both established and developing neuromodulation systems. These therapy developers have access to the performance, scalability, and availability they require from their cloud-based software platform in order to run complex therapy algorithms across numerous patients, deliver precision medicine, and identify clinical trial participants who are likely to respond. The company's headquarters are in San Francisco, California, and Rune Labs was established in 2018.
Sirenum is a cloud-based platform enabling agencies, recruiters, and organizations that depend on employees for operational needs to manage the staff lifecycle. The technical foundation on which Sirenum is based is extremely adaptable, enabling us to collaborate with other service providers for features that the system doesn't presently support. If a customer requests certain features up front, we may use this method to supply them even if they would not otherwise have them. When a certain feature is in high demand, they may opt to create it internally rather than using an outside provider, retaining all revenues. Employers who manage complicated shift-based workforces should use Sirenum. The staffing, rail, aviation, building, hospitality, healthcare, home care, deliveries, logistics, and transportation industries are all good fits for Sirenum. Operators in these industries frequently employ hundreds of people or perhaps thousands.
TCARE’s Medicaid-approved, SaaS platform reduces caregiver burnout and delays nursing home placement. TCARE’s evidence-based predictive technology saved Washington State Department of Social and Health Services over $10M in a 2,300-caregiver pilot by delaying nursing home admissions by 18-24 months. TCARE enables family caregivers to keep their loved ones at home longer. TCARE’s aging-in-place enterprise SaaS solution partners with government and healthcare entities. TCARE uses its scientifically-validated algorithms to create an individualized care plan, which reduces stress and burnout of caregivers and allows their loved ones to age in place.
Triall brings Web3 to medical research by creating a digital ecosystem of blockchain-integrated software solutions that secure and streamline clinical trials. Triall’s solutions make clinical trials tamper-resistant and enable secure and efficient integrations between the many isolated systems and parties involved in clinical trial processes. Triall’s software is co-created with clinical trial professionals to ensure optimal user experience, solving actual industry pain points.
Modern emergency department software on the cloud is essential. We employ artificial intelligence to anticipate admissions hours in advance, shorten stays, and save money with a better flow.
One in four individuals globally are affected by mental illness, which has become the major health issue in recent years. Brazil has the world's most worried, second-most stressed, and fifth-most depressed population, according to the WHO. An annual $1 trillion cost to the world economy results from not treating mental health illnesses Additionally, the cost of missed production due to mental illness reaches $63 billion for Brazilian businesses. Providing employees with mental health support benefits organizations' bottom lines (4x ROI). Covid-19 has increased the use of online treatment, and psychological assistance is now a crucial component of luring and keeping the top talent. The mental health and welfare of employees is being impacted by Vittude, which has more than 70 corporate clients like Grupo Boticário, Raia Drogasil, SAP, Microsoft, Olist, Resultados Digitais, Warren, 99, and others. With more than 3 million unique visits each month, Vittude is also the top in Latin America for mental health content (5x bigger than 2nd player).