Power Law outcomes
Health Tech & Medtech unicorns
Dealroom tracks 200 unicorns in Health Tech & Medtech — companies that reached a verified $1B+ valuation — worth $674.4B combined, plus 35 thoroughbreds generating $100M+ in annual revenue. Updated July 2026.
200Unicorns ($1B+ valuation)
12Valued at $10B or more
35Thoroughbreds ($100M+ revenue)
$674.4BCombined unicorn valuation
Every Health Tech & Medtech unicorn
All 200 companies in Health Tech & Medtech that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | HQ city | Country | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Intuitive Surgical | Sunnyvale | United States | 1995 | $156B | IPO 2000 |
| 2 | Dexcom | San Diego | United States | 1999 | $22B | IPO 2005 |
| 3 | athenahealth | Watertown | United States | 1997 | $20B | IPO 2007 |
| 4 | Zelis | Boston | United States | 2016 | $17B | Private |
| 5 | Livongo Health | Mountain View | United States | 2014 | $14B | IPO 2019 |
| 6 | Change Healthcare | Nashville | United States | 2005 | $13B | Private |
| 7 | Devoted Health | Waltham | United States | 2017 | $13B | Private |
| 8 | OpenEvidence | Miami | United States | 2021 | $12B | Private |
| 9 | ŌURA | Oulu | Finland | 2013 | $11B | Private |
| 10 | Oak Street Health | Chicago | United States | 2012 | $10B | IPO 2020 |
| 11 | PolicyBazaar | Gurugram | India | 2008 | $10B | IPO 2021 |
| 12 | Whoop | Boston | United States | 2012 | $10B | Private |
| 13 | Hims and Hers Health | San Francisco | United States | 2017 | $7.5B | Private |
| 14 | Signify Health | Dallas | United States | 2017 | $7.1B | Private |
| 15 | Ro Health | New York City | United States | 2017 | $7B | Private |
| 16 | R1 RCM | Murray | United States | 2003 | $7B | IPO 2010 |
| 17 | WeDoctor | Hangzhou | China | 2010 | $6.8B | Private |
| 18 | Doctolib | Levallois-Perret | France | 2013 | $6.4B | Private |
| 19 | Commure | San Francisco | United States | 2017 | $6B | Private |
| 20 | Lyra Health | Burlingame | United States | 2015 | $5.8B | Private |
| 21 | Cityblock Health | New York City | United States | 2017 | $5.7B | Private |
| 22 | PharmEasy | Mumbai | India | 2015 | $5.6B | IPO 2021 |
| 23 | Alan | Paris | France | 2016 | $5.5B | Private |
| 24 | Outcome Health | Chicago | United States | 2006 | $5.5B | Private |
| 25 | Abridge | San Francisco | United States | 2018 | $5.3B | Private |
| 26 | ModMed | Boca Raton | United States | 2010 | $5.3B | Private |
| 27 | Cerebral | San Francisco | United States | 2020 | $4.8B | Private |
| 28 | Reify Health | Boston | United States | 2010 | $4.8B | Private |
| 29 | APT Medical | Shenzhen | China | 2002 | $4.5B | IPO 2021 |
| 30 | Alignment Healthcare | Orange | United States | 2013 | $4.2B | IPO 2021 |
| 31 | Sword Health | New York City | United States | 2015 | $4B | Private |
| 32 | PointClickCare | Mississauga | Canada | 2000 | $4B | Private |
| 33 | One Medical | San Francisco | United States | 2007 | $3.7B | IPO 2020 |
| 34 | Noom | New York City | United States | 2008 | $3.7B | Private |
| 35 | Ypsomed | Bern | Switzerland | 2003 | $3.6B | IPO 2004 |
| 36 | Ultima Genomics | Newark | United States | 2016 | $3.6B | Private |
| 37 | Hippocratic AI | Palo Alto | United States | 2022 | $3.5B | Private |
| 38 | Aledade | Bethesda | United States | 2014 | $3.5B | Private |
| 39 | InnovAccer | San Francisco | United States | 2012 | $3.5B | Private |
| 40 | Auris Health | Redwood City | United States | 2007 | $3.4B | Private |
| 41 | Spring Health | New York City | United States | 2016 | $3.3B | Private |
| 42 | Carbon Health | San Francisco | United States | 2015 | $3.3B | Private |
| 43 | Radiology Partners | El Segundo | United States | 2012 | $3.3B | Private |
| 44 | Hinge Health | San Francisco | United States | 2015 | $3.3B | IPO 2025 |
| 45 | Cedar | New York City | United States | 2016 | $3.2B | Private |
| 46 | Peloton Interactive | New York City | United States | 2012 | $3.1B | IPO 2019 |
| 47 | Medlinker | Dongcheng District | China | 2014 | $3.1B | Private |
| 48 | Oscar | New York City | United States | 2012 | $3.1B | IPO 2021 |
| 49 | Chapter | New York City | United States | 2020 | $3B | Private |
| 50 | CMR Surgical | Cambridge | United Kingdom | 2014 | $3B | Private |
| 51 | HistoSonics | Minneapolis | United States | 2009 | $3B | Private |
| 52 | Grow Therapy | New York City | United States | 2020 | $3B | Private |
| 53 | Headspace Health | Santa Monica | United States | 2010 | $3B | Private |
| 54 | CareBridge | Nashville | United States | 2009 | $2.7B | Private |
| 55 | Ethos Life | Austin | United States | 2016 | $2.7B | IPO 2026 |
| 56 | Enovis | Wilmington | United States | 1995 | $2.6B | IPO 2008 |
| 57 | Privia Health | Alexandria | United States | 2007 | $2.6B | IPO 2021 |
| 58 | Somatus | McLean | United States | 2016 | $2.5B | Private |
| 59 | Function Health | Austin | United States | 2022 | $2.5B | Private |
| 60 | ManyPets | London | United Kingdom | 2012 | $2.4B | Private |
| 61 | Headway | New York City | United States | 2017 | $2.3B | Private |
| 62 | FIGS | Culver City | United States | 2010 | $2.3B | IPO 2021 |
| 63 | Transcarent | San Francisco | United States | 2020 | $2.2B | Private |
| 64 | Edge Medical Robotics | Shenzhen | China | 2017 | $2.2B | IPO 2026 |
| 65 | Medable | Palo Alto | United States | 2015 | $2.1B | Private |
| 66 | Fitbit | San Francisco | United States | 2007 | $2.1B | IPO 2015 |
| 67 | Iora Health | Cambridge | United States | 2011 | $2.1B | Private |
| 68 | Unite Us | New York City | United States | 2013 | $2.1B | Private |
| 69 | Calm Health | San Francisco | United States | 2012 | $2B | Private |
| 70 | shiftkey | Dallas | United States | 2015 | $2B | Private |
| 71 | Aerocare Holdings | Orlando | United States | 2000 | $2B | Private |
| 72 | Kry | Stockholms kommun | Sweden | 2015 | $2B | Private |
| 73 | eMed | Miami | United States | 2020 | $2B | Private |
| 74 | NxStage Medical | Lawrence | United States | 1998 | $2B | IPO 2005 |
| 75 | Ping An Good Doctor | Shenzhen | China | 2014 | $1.9B | IPO 2018 |
| 76 | Omnicell | Mountain View | United States | 1992 | $1.9B | IPO 2001 |
| 77 | Jane.app | North Vancouver | Canada | 2012 | $1.8B | Private |
| 78 | Strive Health | Denver | United States | 2018 | $1.8B | Private |
| 79 | Neko Health | Stockholms kommun | Sweden | 2018 | $1.8B | Private |
| 80 | Kindbody | New York City | United States | 2018 | $1.8B | Private |
| 81 | Maven Clinic | New York City | United States | 2014 | $1.7B | Private |
| 82 | Redesign Health | New York City | United States | 2018 | $1.7B | Private |
| 83 | Dispatch Health | Denver | United States | 2013 | $1.7B | Private |
| 84 | Pomelo Care | New York City | United States | 2021 | $1.7B | Private |
| 85 | Harrow Health | Imprimis Pharmaceuticals | Nashville | United States | 2011 | $1.7B | IPO 2013 |
| 86 | Versant Health | Linthicum | United States | 2015 | $1.7B | Private |
| 87 | Ringpai National Chain Veterinary Hospital | Dongli District | China | 2012 | $1.6B | Private |
| 88 | Incredible Health | San Francisco | United States | 2017 | $1.6B | Private |
| 89 | Mazor Robotics | Caesarea | Israel | 2001 | $1.6B | IPO 2013 |
| 90 | MediTrust Health | Xuhui District | China | 2017 | $1.6B | Private |
| 91 | Yaoshibang | Guangzhou | China | 2015 | $1.6B | IPO 2023 |
| 92 | OrganOx | Oxford | United Kingdom | 2008 | $1.5B | Private |
| 93 | Collective Health | San Francisco | United States | 2013 | $1.5B | Private |
| 94 | Molbio Diagnostics | Mormugao | India | 2000 | $1.5B | Private |
| 95 | Alto Pharmacy | San Francisco | United States | 2015 | $1.5B | Private |
| 96 | Eight Sleep | New York City | United States | 2014 | $1.5B | Private |
| 97 | Q.ai | Tel Aviv-Yafo | Israel | 2019 | $1.5B | Private |
| 98 | Indegene | Woodbridge Township | United States | 1998 | $1.5B | IPO 2024 |
| 99 | Shukun Technology | Tongzhou District | China | 2017 | $1.5B | Private |
| 100 | Talkiatry | New York City | United States | 2019 | $1.4B | Private |
| 101 | Clarify Health Solutions | San Francisco | United States | 2015 | $1.4B | Private |
| 102 | Iterative Health | Boston | United States | 2017 | $1.4B | Private |
| 103 | Pristyn Care | Gurugram | India | 2018 | $1.4B | Private |
| 104 | Papa | Miami | United States | 2017 | $1.4B | Private |
| 105 | Ortho Alliance | Cincinnati | United States | 2019 | $1.4B | Private |
| 106 | Garner Health | New York City | United States | 2019 | $1.4B | Private |
| 107 | Ultragreen.ai | Singapore | Singapore | 2024 | $1.3B | IPO 2025 |
| 108 | Teladoc | New York City | United States | 2002 | $1.3B | IPO 2015 |
| 109 | Lumeris | Maryland Heights | United States | 2007 | $1.3B | Private |
| 110 | ClipboardHealth | San Francisco | United States | 2016 | $1.3B | Private |
| 111 | Insightec | Tirat Karmel | Israel | 1999 | $1.3B | Private |
| 112 | Grand Rounds | San Francisco | United States | 2011 | $1.3B | Private |
| 113 | Implantica | Switzerland | Switzerland | 2003 | $1.3B | IPO 2020 |
| 114 | Avanos | Alpharetta | United States | 2002 | $1.3B | IPO 2014 |
| 115 | Evolent | Arlington | United States | 2011 | $1.3B | IPO 2015 |
| 116 | 1mg | Gurugram | India | 2015 | $1.3B | Private |
| 117 | Iodine Software | Austin | United States | 2010 | $1.3B | Private |
| 118 | Honor | San Francisco | United States | 2014 | $1.3B | Private |
| 119 | Ambience Healthcare | San Francisco | United States | 2020 | $1.3B | Private |
| 120 | Syntellis Performance Solutions | Chicago | United States | 2020 | $1.3B | Private |
| 121 | AtriCure | West Chester | United States | 1994 | $1.2B | IPO 2005 |
| 122 | Equashield | Town of North Hempstead | United States | 2009 | $1.2B | Private |
| 123 | Viz | San Francisco | United States | 2016 | $1.2B | Private |
| 124 | Komodo Health | San Francisco | United States | 2014 | $1.2B | Private |
| 125 | Tala Health | San Francisco | United States | 2026 | $1.2B | Private |
| 126 | Paragon 28 | Englewood | United States | 2010 | $1.2B | IPO 2021 |
| 127 | Modern Health | San Francisco | United States | 2017 | $1.2B | Private |
| 128 | Progyny | New York City | United States | 2008 | $1.2B | IPO 2019 |
| 129 | Butterfly Network | Guilford | United States | 2011 | $1.2B | IPO 2020 |
| 130 | Elemy | San Francisco | United States | 2020 | $1.1B | Private |
| 131 | Eucalyptus | Sydney | Australia | 2019 | $1.1B | Private |
| 132 | Forward | San Francisco | United States | 2016 | $1.1B | Private |
| 133 | Corindus | Natick | United States | 2001 | $1.1B | IPO 2014 |
| 134 | Signant Health | Whitpain Township | United States | 2000 | $1.1B | Private |
| 135 | SonderMind Wellness Centers | Denver | United States | 2014 | $1.1B | Private |
| 136 | IntelyCare | Quincy | United States | 2014 | $1.1B | Private |
| 137 | Rightway | New York City | United States | 2017 | $1.1B | Private |
| 138 | Ascensia Diabetes Care | Basel | Switzerland | 2016 | $1.1B | Private |
| 139 | SMS Japan | Tokyo | Japan | 2003 | $1.1B | IPO 2008 |
| 140 | Kestra Medical Technologies | Kirkland | United States | 2014 | $1.1B | IPO 2025 |
| 141 | Byte Me | Los Angeles | United States | 2017 | $1B | Private |
| 142 | Clover Health | Nashville | United States | 2014 | $1B | Private |
| 143 | Solace | Redwood City | United States | 2022 | $1B | Private |
| 144 | SheMed | London | United Kingdom | 2024 | $1B | Private |
| 145 | Wheel | Austin | United States | 2018 | $1B | Private |
| 146 | vVardis | Baar | Switzerland | 2019 | $1B | Private |
| 147 | Sidecar Health | El Segundo | United States | 2018 | $1B | Private |
| 148 | Livsmed | San Diego | United States | 2011 | $1B | IPO 2026 |
| 149 | QGenda | Atlanta | United States | 2006 | $1B | Private |
| 150 | Capsule | New York City | United States | 2015 | $1B | Private |
| 151 | Cera | London | United Kingdom | 2016 | $1B | Private |
| 152 | RapidSOS | New York City | United States | 2012 | $1B | Private |
| 153 | Midi Health | Los Altos | United States | 2021 | $1B | Private |
| 154 | DocPlanner | Amsterdam | Netherlands | 2011 | $1B | Private |
| 155 | Flo Health | London | United Kingdom | 2015 | $1B | Private |
| 156 | MediFox | Wangen im Allgäu | Germany | 1994 | $1B | Private |
| 157 | BostonGene | Waltham | United States | 2015 | $1B | Private |
| 158 | Zhangshang Tangyi | Hangzhou | China | 2014 | $1B | Private |
| 159 | HealthCare | Miami | United States | 2014 | $1B | Private |
| 160 | Employers Direct Health | Dallas | United States | 2010 | $1B | Private |
| 161 | NexHealth | San Francisco | United States | 2017 | $1B | Private |
| 162 | Vascular Solutions | Maple Grove | United States | 1997 | $1B | IPO 2008 |
| 163 | Tebra | Newport Beach | United States | 2021 | $1B | Private |
| 164 | MDLIVE | Miramar | United States | 2009 | $1B | Private |
| 165 | Cadence Solutions | New York City | United States | 2020 | $1B | Private |
| 166 | Nourish | San Francisco | United States | 2021 | $1B | Private |
| 167 | Visby Medical | San Jose | United States | 2012 | $1B | Private |
| 168 | Ankon Medical Technologies | Wuhan | China | 2009 | $1B | Private |
| 169 | Truveta | Seattle | United States | 2020 | $1B | Private |
| 170 | Thyme Care | Nashville | United States | 2020 | $1B | Private |
| 171 | CitiusTech | Princeton | United States | 2005 | $1B | Private |
| 172 | Evidation | San Mateo | United States | 2012 | $1B | Private |
| 173 | Linkdoc | Haidian | China | 2014 | $1B | Private |
| 174 | LDR Medical | Austin | United States | 2000 | $1B | IPO 2013 |
| 175 | Axtria | Berkeley Heights | United States | 2010 | $1B | Private |
| 176 | VillageMD | Chicago | United States | 2013 | $1B | Private |
| 177 | Medartis | Basel | Switzerland | 1997 | $944M | IPO 2018 |
| 178 | K Health | New York City | United States | 2016 | $900M | Private |
| 179 | Trupanion | Seattle | United States | 1999 | $834M | IPO 2014 |
| 180 | SmileDirectClub | Nashville | United States | 2013 | $834M | IPO 2019 |
| 181 | TalkSpace | New York City | United States | 2011 | $777M | Private |
| 182 | Accolade | Plymouth Township | United States | 2007 | $576M | IPO 2020 |
| 183 | Dental Monitoring | Paris | France | 2014 | $554M | Private |
| 184 | Shuidi | Xicheng District | China | 2016 | $466M | IPO 2021 |
| 185 | Babylon | London | United Kingdom | 2013 | $449M | Private |
| 186 | Sharecare | Atlanta | United States | 2010 | $448M | Private |
| 187 | LumiraDx | London | United Kingdom | 2014 | $382M | Private |
| 188 | Castlight Health | San Francisco | United States | 2008 | $370M | IPO 2014 |
| 189 | Agilon Health | Long Beach | United States | 2016 | $216M | IPO 2021 |
| 190 | Health Catalyst | South Jordan | United States | 2008 | $168M | IPO 2019 |
| 191 | Owlet Baby Care | Lehi | United States | 2013 | $126M | Private |
| 192 | eHealth Medicare | Mountain View | United States | 1997 | $119M | IPO 2006 |
| 193 | Rxsight | Aliso Viejo | United States | 1997 | $66M | IPO 2021 |
| 194 | NeueHealth | Doral | United States | 2015 | $60M | IPO 2021 |
| 195 | DocGo | New York City | United States | 2016 | $48M | Private |
| 196 | Outset Medical | San Jose | United States | 2003 | $10M | IPO 2020 |
| 197 | UpHealth | Delray Beach | United States | 2009 | $8M | IPO 2019 |
| 198 | eClinicalWorks | Westborough | United States | 1999 | — | Private |
| 199 | ZocDoc | New York City | United States | 2007 | — | Private |
| 200 | Amwell | Boston | United States | 2006 | $-76M | IPO 2020 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 35 Health Tech & Medtech companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | HQ city | Country | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Star Health | Chennai | India | 2006 | $4.1B | Private |
| 2 | Intelerad Medical Systems | Raleigh | United States | 1999 | $2.3B | Private |
| 3 | Fullscript | Ottawa | Canada | 2011 | $1.4B | Private |
| 4 | Oviva | Zurich | Switzerland | 2013 | $1.4B | Private |
| 5 | Vets First Choice | Portland | United States | 2010 | $1.3B | Private |
| 6 | Kilo | Vilnius | Lithuania | 2013 | $1.2B | Private |
| 7 | OrbusNeich | Sha Tin District | Hong Kong | 2005 | $1B | Private |
| 8 | Honest Health | Nashville | United States | 2021 | $840M | Private |
| 9 | Fullerton Healthcare Corporation | Singapore | Singapore | 2010 | $726M | Private |
| 10 | Craneware | Deerfield Beach | United States | 1999 | $687M | IPO 2007 |
| 11 | Impress | Barcelona | Spain | 2019 | $625M | Private |
| 12 | Benefitfocus | Charleston | United States | 2000 | $583M | IPO 2013 |
| 13 | Medley | Tokyo | Japan | 2009 | $574M | IPO 2019 |
| 14 | Tabula Rasa Healthcare (formerly CareKinesis) | Moore Township | United States | 2009 | $558M | IPO 2016 |
| 15 | HealthHero | London | United Kingdom | 2019 | $462M | Private |
| 16 | Patient21 | Berlin | Germany | 2019 | $420M | Private |
| 17 | Si-Bone | San Jose | United States | 2008 | $417M | IPO 2018 |
| 18 | NOCD | Chicago | United States | 2017 | $204M | Private |
| 19 | CareCloud | Franklin Township | United States | 2009 | $131M | Private |
| 20 | Unobravo | Naples | Italy | 2019 | $112M | Private |
| 21 | Fulgent Genetics | Temple City | United States | 2011 | $98M | IPO 2016 |
| 22 | Definitive Healthcare | Framingham | United States | 2011 | $90M | Private |
| 23 | Curology | San Francisco | United States | 2014 | $90M | Private |
| 24 | MedPeer | Tokyo | Japan | 2004 | $82M | IPO 2014 |
| 25 | Pharmacy2u | Leeds | United Kingdom | 1999 | $79M | Private |
| 26 | Ob Hospitalist Group | Mauldin | United States | 2006 | $2M | Private |
| 27 | Homecare Homebase | Dallas | United States | 2001 | — | Private |
| 28 | Krankenhaus.de | Berlin | Germany | 2018 | — | Private |
| 29 | Inovalon | Bowie | United States | 1998 | — | IPO 2015 |
| 30 | Darwin Group | Shawbury | United Kingdom | 2006 | — | Private |
| 31 | Medical Solutions | Omaha | United States | 1997 | — | Private |
| 32 | EXOS | Grain Valley | United States | 1999 | — | Private |
| 33 | Great Lakes Caring | Jackson | United States | 1994 | — | Private |
| 34 | 3Shape | Copenhagen | Denmark | 2000 | — | Private |
| 35 | Ringana | Hartberg | Austria | 1993 | — | Private |
Frequently asked questions
How many Health Tech & Medtech unicorns are there?
Dealroom tracks 200 Health Tech & Medtech companies that reached a $1B+ valuation as of July 2026, worth $674.4B combined. 12 of them are valued at $10B or more.
What are the biggest Health Tech & Medtech unicorns?
The three most valuable are Intuitive Surgical, Dexcom, athenahealth.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.