6 SaaS Startups in the Medical Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Medical 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 6 VC funded SaaS startups in the Medical industry.

CUREosity

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.

Company details:
Founders:
Stefan Arand, Thomas Saur
Founded:
2018
Based in:
Düsseldorf, Nordrhein-Westfalen, Germany
Website:
CUREosity
Industries:
Health Care, Medical, Medical Device, SaaS, Software, Therapeutics, Virtual Reality
Latest funding:
$3,500,000
Seed
26 October 2021
Total funding:
$4,728,507
Investors
TechVision Fonds, Rhein Invest

Help Lightning

A B2B software as a service (SaaS) firm focusing in remote help is called Help Lightning. It offers next-generation video collaboration services that let professionals from a firm remotely collaborate with anybody in need of assistance, anywhere in the world. With the help of the company's cloud-based solution, challenging issues may be resolved while real-time communications are improved. These capabilities include the combining of two video feeds and the usage of 3D annotation. Installation, examination, instruction, service, and repair of sophisticated items and equipment are all done with Help Lightning. Customers get instant performance benefits thanks to Help Lightning, such as higher first-time repair rates, fewer truck rolls, more staff capacity, and higher end-user satisfaction while increasing service revenue and profit.

Company details:
Founders:
Bart Guthrie
Founded:
2009
Based in:
Birmingham, Alabama, United States
Industries:
Augmented Reality, Electronics, Food and Beverage, Medical, Mobile, SaaS, Software
Latest funding:
$2,500,000
Series A
19 May 2021
Total funding:
$12,279,450
Investors
Larsen & Toubro, Resolve Growth Partners, Velocity Accelerator

Magic Moment

Magic Moment is a software provider that enables organizations to collaborate and empowers every business to make the best choices. It is situated in Tokyo, Japan, and was established in 2017.

Company details:
Founders:
Yuya Murao
Founded:
2017
Based in:
Tokyo, Tokyo, Japan
Website:
Magic Moment
Industries:
Medical, Nursing and Residential Care, SaaS, Software
Latest funding:
$6,059,298
Series A
13 April 2021
Total funding:
$7,519,458
Investors
Sumitomo Mitsui Banking Corporation, DNX Ventures, DCM Ventures, Nippon Venture Capital, Japan Finance

MedUp

Foro CRM is a SaaS CRM product run by MedUp that offers hospitals assistance with sales and marketing, data analysis and visualization, and more.

Company details:
Founders:
Yagiuchi Ken
Founded:
2017
Based in:
Tokyo, Tokyo, Japan
Website:
MedUp
Industries:
CRM, Marketing Automation, Medical, Nursing and Residential Care, SaaS
Latest funding:
$5,379,718
Series A
28 September 2021
Total funding:
$6,302,055
Investors
DNX Ventures, All Star SAAS Fund, Mobile Internet Capital, REAPRA

Peerlogic

Peerlogic is the first conversational intelligence platform built for dental offices. The analytics platform provides detailed conversational insights between the practice and the patient. Conversational analytics, also known as call analytics, is the process of analyzing data points captured from human speech. It helps to identify trends, predict revenue outcomes, and provide best practices. The result is actionable intelligence that improves the dental practice’s bottom line. Conversational analytics can be used to adjust business strategy. Data provides the "why" behind what's working, what's not. By understanding the "why" practice owners are empowered with data-driven information that can be used to adjust business goals, objectives and tactics.

Company details:
Founders:
Alex Maskovyak, Ana Tomboulian, Ryan Miller
Founded:
2018
Based in:
Scottsdale, Arizona, United States
Website:
Peerlogic
Industries:
Analytics, B2B, Dental, Medical, SaaS
Latest funding:
$1,405,000
Seed
8 April 2022
Total funding:
$1,655,000
Investors
Revere Partners, Tim Hansen, Dustin Hansen, David Hill

Rivia Health

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.

Company details:
Founders:
Harlow Burgess, Rachel Mertensmeyer
Founded:
2018
Based in:
Phoenix, Arizona, United States
Website:
Rivia Health
Industries:
Financial Services, Health Care, Medical, Mobile Apps, Mobile Payments, Payments, Personal Finance, SaaS, Software
Latest funding:
$1,700,000
Seed
1 January 2021
Total funding:
$3,875,000
Investors
Arizona Tech Investors

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