Top 10 Startup Healthcare Companies In 2023
Focusing on health is one of the strategies that tech startup investors may choose these days. You have to know that the healthcare startups in Los Angeles are profitable because addressing healthcare concerns and issues is important. Los Angeles is a populous city in California. This is the home to prominent companies like the iconic Hollywood, Universal Parks and Resorts, Paramount Pictures, and Warner Brothers. As well, this city is the home of some big tech companies, particularly in the area of Silicon Beach. Therefore, it is quite a good decision to make if you will choose LA when running a health tech startup business.
In this blog article, you will know the top 10 startup healthcare companies in Los Angeles which you should know. These companies are popular because healthcare issues and problems should be resolved using technological innovations and interventions. The availability of solutions for patients and for those people who need healthcare and medical attention is important. That said, it is quite helpful to be aware of the 10 startup companies which focus on healthcare-related services and products.
Top Startup Healthcare Companies in Los Angeles
Below are the top companies that operate as healthcare startups in Los Angeles. You have to know all of them to get inspired and motivated as you will face the challenges in business come the year 2023.
1. WELL Health
This is the first healthcare company to discuss here. This startup company is focusing on healthcare communications. Their platform has been proven effective in helping people with regard to finding the right medical service providers or hospitals. Any patient with any disease can use the app of this startup company to look for medical service providers. For instance, if someone has to look for an affordable hospital, he or she can download the Well Health app. Right there and then, the concerned individual can address his or her healthcare concern.
As a communication platform, using the app of this startup company is helpful when it comes to looking for a medical practitioner or a hospital. The app user can use any of the multiple means such as text messaging, phone calls, live chat, or even email. Addressing the healthcare needs of people is quite challenging. This is a reality.
But the availability of Well Health is a blessing for those who are looking for a company that can help them connect to the service providers. Instead of going out to look for a physical location, the use of technology and digital platforms is given and allowed by this health-tech startup firm.
2. TigerConnect
This is the second health-tech startup company to discuss in this blog post. TigerConnect is proven and tested by its subscribers as an effective tech startup for healthcare. What it tries to deliver, like Well Health, is a communication platform. The solution they are trying to provide is to let medical service providers and healthcare professionals streamline their services. Their focus is on staff productivity enhancement. That said, it is the goal of this tech startup company to establish a solid relationship between hospitals and patients.
It is expected to have great results when there is great communication between the service provider and the recipients of the service being given. Investing in TigerConnect is a good choice for investors because this startup is compliant with HIPAA technologies. The bottom line is that this startup company is a world-class one.
It provides top-of-the-line services to its clientele and subscribers. It is a great company in terms of providing efficient communication tools such as text messaging, video messaging, communication analytics, and workflow automation tools, coupled with proven and tested techy integrations. You can expect that your investment will be worth it if you are going to choose this particular startup firm.
3. Honeybee Health
What is Honeybee Health? This is another health tech startup company in LA. It is a HIPAA-accredited online pharmacy in Los Angeles. Buying prescribed medicines can come in handy through the use of the company’s app on Google Play Store and the App Store. This startup company is great and helpful because it can help patients who are looking for affordable medicines online. There is no need to pay for medicines with high retail markups. There is a solution to this problem. And this is to use the platform of Honeybee Health.
Usually, there are medicines that are overpriced by suppliers and pharmacies. Good news because this company has come to play its role of helping the consumers. The solutions this company is providing are of great value. Hence, you can rely on this startup company as a great channel to invest your money. Paying fair prices is the main goal hit when people patronize this healthcare startup firm. It was founded in 2017 with initial funding of $6 million.
4. SimplePractice
SimplePractice is a software company that operates in the Santa Monica area. Did you know that lots of medical and healthcare professionals are enjoying the perks and benefits provided by this startup company? Servicing healthcare clients is easy with the utilization of SimplePractice communication tools and platforms. It is a great platform that can help users in forming great relationships with their patients. The users of SimplePractice are those medical professionals who are in need of working technology.
Specifically, this startup company has been proven when it comes to smoothly booking new clients (patients). In the same way, SimplePractice can be used in client communication/conversation, scheduling client appointments, and managing client fees (payments). Everything that is being offered by this startup company is really great and beneficial. Hence, this is a profitable health tech startup firm you can invest in. Since its establishment in 2012 until today, the practice that is popularized by this software company has been tested as profit-making for investors.
5. Ritual
This is another healthcare startup company that operates in the area of Los Angeles, California. When was it founded? It was established in 2015. After a few years of operation, this startup firm has been dominating the healthcare field. You can notice that there have been a lot of investors who poured their money into this business venture. Why? Because this startup company is profitable. It works favorably for all investors who are expecting nothing but great monetary returns.
The question now is: Why has this company been trusted by a lot of investors? The product line of this startup firm is marketable. It has 16 outstanding investors today according to PitchBook with the latest deal amount totaling $12.5 million. It is producing food supplement products (vitamins). Their products have been revolutionized as one of the most sellable products in the health and wellness industry.
What is amazing about Ritual is that its dietary supplement products have traceable non-GMO nutrients. It promotes products that do not contain preservatives or food colorants, and those products are friendly to vegans.
6. Chorus Innovations, Inc.
It was founded just a couple of years ago (2019). In spite of being new on the market, this startup company has proven that its focus or niche interest is giving its investors the kind of business that is highly profitable. This is a good choice for investors who are keen to invest in health tech startups. The focus of this company is on a digital healthcare platform. What does it mean? The digital platform it is promoting is helpful to all stakeholders in the healthcare industry. You have to know that there are major players and stakeholders in the healthcare industry.
This company is creating digital healthcare solutions to make every transaction seamless and smooth sailing. If the user of their platform does not have any programming and coding knowledge, then it is no longer a problem. With maximum ease, the user can have a great experience while using the Chorus Innovation platform.
Those who will subscribe to this company can surely design and create visually attractive health apps. The no-code digital platforms and tools it is able to provide to the users can definitely help address the level of difficulty concerning technological innovations.
7. PatientPop
This is another health tech startup company that operates in the Los Angeles area. It is a business-building platform, so to speak. The focus of the platform is on medical and healthcare practices. Founded in 2014 with initial funding of $29.8 million, the company today is gaining huge monetary returns. Why? Because the platform it is promoting has helped it build a solid reputation in the healthcare industry. The offers of this company involve analytics tools, as well as growth and retention tools for the users.
It plays a great role in changing the healthcare environment. The PatientPop app has been known as an effective tool that medical doctors can use wherever they are. In other words, the doctors call the company their own “HubSpot” where they can work wherever they are. Even during busy days, medical practitioners can smoothly transact with their clients with ease so long as they are connected digitally through this company’s app. Caring for patients can be done so easily through the help provided by PatientPop, a profitable healthcare startup today.
8. Headspace
This is another health tech startup that you have to know about today. In Los Angeles, California, this startup has been known to many investors and users. It was founded in 2010 with an initial budget of $75.2 million. The main headquarters of this health-tech startup company is in Santa Monica. This company is offering a mobile application platform. What it tries to advertise and promote is mental health. Boosting mental health can be done so easily through the utilization of technologically innovative tools and platforms.
The users of HeadSpace can benefit from this company in the aspect of enhancing mental health through the so-called digital meditation sessions. If one wants to engage in a meditation process (which is beneficial for health and well-being), he or she can definitely use the app HeadSpace.
If one has a problem with regard to sleeping patterns brought about by stress and other factors, he or she can use the app to deal with the said issue. That said, lots of investors have invested their money in this startup company. Why? Because of the purported benefits, it has for the business investors and for the subscribers/users of the company’s website and application.
9. Medely
When was this health-tech startup founded? In 2015. This startup company is offering a digital platform for healthcare professionals and medical practitioners. If a medical professional is looking for per-diem work, then the digital platform of this company is fit. It already has helped a number of medical practitioners, leading this startup company’s platform to become on-demand. Trusting this platform can be beneficial for medical stakeholders because of its proven and tested software.
Is it changing the healthcare environment? The answer is yes. It is helpful to a lot of healthcare professionals particularly registered med techs and nurses. In what way can it help them? The flexibility of work is one important characteristic that this health-tech startup is offering to the users. In a simple sense, when a registered nurse or med tech is looking for a per diem job, the digital platform of Medely is the one to be utilized. Working at one of the local healthcare facilities can be done so smoothly with the availability of Medely’s on-demand digital platform.
10. Quantgene
This is another health tech startup company that has operated in Los Angeles since 2015. It is located in Santa Monica. This startup company has been founded with the purpose of helping people save their lives. This is the work mantra of this startup firm. Quantgene believes in the idea of saving human lives through early diagnosis/detection.
Furthermore, this company is focusing on providing healthcare support to its users when it comes to availing of better disease prevention and cure. These are the reasons why this company has designed and created the so-called Deep Genomics Platform that provides AI and deep sequencing support to detect early-formed diseases.
Detecting diseases is a challenging thing for medical and healthcare practitioners. However, Quantgene’s AI technology can help establish some facts as to the details of every particular disease, like cancer. This is the reason why investing in Quantgene is not just good for business purposes, but also helpful for mitigating serious diseases from developing extremely to a non-curable level. Yes, cancer is incurable these days. But early detection is helpful in preventing it from killing the concerned patient too soon.
Conclusion: Invest in health-tech startup companies today!
One of the best ways to have a lucrative business is to invest in healthcare startups. Definitely, this is a profitable investment. Or, you can choose the healthcare industry if you are planning to invest in a startup venture. For sure, you can have a good business.
Just find a web app and mobile app design company to help you have the right startup application. Make sure that your investment is worth it. Plan and conceptualize carefully before you will shell out your money for business purposes.
