Big Health Funding, Investors & Competitors

Slingshot AI is a New York and London-based AI research firm developing tools to expand mental health access amid a 10,000:1 provider shortage. The team builds psychology-informed models for personalized interventions, serving users via apps since 2023 with cross-disciplinary expertise from clinicians and engineers.

TALI Digital Ltd engaged in research and development, for commercialization, of medical technology projects. It is a digital health company delivering diagnostic and therapeutic solutions to improve cognitive function and behavior.

Compass Pathways PLC is a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health. The company is motivated by the need to find ways to help and empower people suffering with mental health challenges who are not helped by existing therapies and are pioneering the development of a new model of psilocybin therapy, in which psilocybin is administered in conjunction with psychological support. Its focus is on treatment-resistant depression, or TRD, a subset of major depressive disorder, or MDD, comprising patients who are inadequately served by the treatment paradigm. It has developed a proprietary, high-purity polymorphic crystalline formulation of psilocybin, COMP360.

Workit Health is a telemedicine provider specializing in substance use disorder treatment through its mobile app. Based in San Francisco, California, the platform delivers medication-assisted therapy, individual counseling, group sessions, psychiatric care, and recovery coaching compliant with ASAM standards. Founded in 2016, it serves patients in 38 U.S. states, treating over 25,000 individuals annually with evidence-based protocols including buprenorphine prescriptions and cognitive behavioral therapy. Workit Health partners with employers and health plans for accessible outpatient care.

Sword Health is a Lisbon-headquartered digital therapeutics company offering AI-guided physical therapy for musculoskeletal and pelvic floor conditions. Patients access virtual sessions via app with motion-tracking sensors and clinician oversight. The platform supports remote recovery programs for back pain, joint issues, and postpartum care.

Hippocratic AI is a San Francisco-headquartered developer of large language models optimized for non-diagnostic healthcare interactions. Its platform deploys AI agents for tasks like preoperative education, discharge instructions, and chronic disease follow-ups via phone or text. Built on a multi-agent architecture with clinician oversight, the system includes an agent marketplace for specialties such as cardiology and oncology. Health systems integrate agents into workflows for patient outreach and triage support.

MindMaze is a Lausanne-headquartered digital neurotherapeutics company founded in 2012 with offices in Zürich, Ecublens, Switzerland, and San Francisco. It develops medical-grade virtual reality platforms like MindMotionPRO for neurological rehabilitation, offering personalized VR exercises that enhance motor recovery for stroke and brain injury patients. The technology incorporates 3D motion capture, gesture recognition, augmented reality, brain imaging, and neuroscience for intuitive human-machine interfaces. MindMaze's solutions optimize clinician workflows, support therapy dosing, and extend to gaming and brain-computer control applications.

Pristyn Care is a healthcare startup in India specializing in daycare procedures using technology-enabled processes. It covers surgeries like piles, hernia, and cataracts through in-house networks. Operating in multiple cities including Bangalore and Delhi, the company integrates teleconsultations and end-to-end care delivery.

Talkspace Inc is a behavioral healthcare company offering access to licensed therapists, psychologists, and psychiatrists through its technology platform. It serves clients including health plans, enterprises, and individual subscribers. Therapists address various mental health conditions, while psychiatrists cater to a higher acuity demographic. Revenue stems from payor and direct-to-enterprise clients, with contracts lasting one to three years. The majority of the Company’s operations and revenues are based in the United States.

Ultrahuman is a multi-location health technology company with bases in London, Abu Dhabi, and Bengaluru, producing wearable devices for metabolic and longevity monitoring. It manufactures the Ring Air smart ring for continuous heart rate variability and movement tracking, the M1 continuous glucose monitor for real-time blood sugar insights, and the Home environmental sensor for air quality and sleep optimization. The firm also offers at-home blood testing kits through its Blood Vision service. Ultrahuman targets athletes and wellness enthusiasts globally, integrating with Apple Health and Google Fit. Founded in 2020, it has raised significant venture funding from investors like Blume Ventures.

Qure AI is a healthtech company deploying deep learning tools for radiology diagnostics. Platforms like qXR detect abnormalities in chest X-rays, head CTs, and brain MRIs, earning FDA clearance and CE marking. Mumbai-based Qure AI partners with GE Healthcare and Siemens Healthineers, processing scans in over 90 countries including integrations at Mayo Clinic and Apollo Hospitals.

Neko Health is a health technology company developing non-invasive whole-body scanners for preventive checkups. Its flagship device captures 3D images, heart rate, blood pressure, and skin analysis in minutes at clinics or pop-ups. Stockholm-based Neko Health, founded by Spotify co-founder Daniel Ek, began operations in 2023 with pilot sites in Sweden aiming for global expansion.

Ro is a New York-headquartered telehealth company launched in 2017. The platform offers men's health treatments through Roman, women's health via Rory, weight management with Sequence, and fertility care under Ro Fertility. Ro integrates virtual consultations with licensed providers, at-home diagnostics, and direct medication delivery from FDA-approved pharmacies in all 50 states. Its infrastructure includes proprietary fulfillment centers in Tempe and Dallas processing millions of prescriptions annually. Ro expanded into primary care with Ro Mind for mental health and Ozlo for gastrointestinal treatments.

Hims & Hers, launched in 2017, is a telehealth platform that connects patients and healthcare providers to offer treatment options for specialties like erectile dysfunction, hair loss, skin care, mental health, and weight loss. Its offerings include generic, branded, and compounded prescription drugs as well as over-the-counter medicines, cosmetics, and supplements. The platform, which has more than 2 million subscribers, is available in all 50 states and certain European markets like the UK. It includes provider networks, electronic medical records, cloud pharmacy fulfillment, and personalization capabilities. Hims does not take insurance and only accepts payments directly from customers.

Lyra Health is a Burlingame, California-headquartered provider of mental health benefits for employers, serving over 15 million covered lives at companies like Uber, Netflix, and eBay. Its platform uses AI-driven matching to connect employees with 5,000 licensed therapists and coaches, achieving 3x higher utilization rates than industry averages. Lyra Health offers services including therapy, coaching, psychiatry, and digital tools for conditions like anxiety and depression. Founded in 2015, the company raised $200 million in Series D funding in 2021 and expanded into Medicare Advantage plans.

Cerebral is a US-based telemedicine provider offering mental health care for anxiety, depression, and ADHD. Headquartered in San Francisco, it connects patients with licensed therapists and prescribers via app for medication management and therapy sessions. The platform serves all 50 states with insurance billing for Aetna and Cigna. Cerebral uses evidence-based protocols like CBT and follows APA guidelines. Launched in 2020, it expanded to couples counseling.

Doximity Inc is a digital platform for U.S. medical professionals. The cloud-based platform provides members with tools specifically built for medical professionals, enabling them to collaborate with their colleagues, securely coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers and on-call schedules.