Health care is one of the most prolific industries around, which is why it is no wonder that entrepreneurs have recently started to take quite an interest in this niche. Today, we would like to focus on the biggest startups in health care. Following, we would like to present you with a list we have compiled of the 5 most promising startups in this industry. Read below to find out more about which health care startups have been making waves. They might just be the biggest companies of tomorrow. Let’s take a look at the countdown.
No. 5: Practice Fusion
Rated as the fastest growing online electronic health record startup, Practice Fusion’s mission is to help health care professional with personal health records, billing, prescribing, referral letters, and certification. Their main goal is to ease the process between doctors, their patients, and health care data. Throughout 2013, Practice Fusion earned a total of $85 million in its Series D funding.
No. 4: MyFitnessPal
Although there are countless smartphone apps that aim to help people with their fitness efforts and their eating habits, MyFitnessPal managed to pull ahead of the crowd. This app managed to catch the attention of both the public and investors. Rated as the top free diet app in a rating compiled by Consumer Reports, MyFitnessPal recently concluded its Series A funding with $18 million.
No. 3: Fitbit
Founded back in 2007 by Eric Friedman and James Park, Fitbit is a startup aiming to make people more conscious about their health. Their bread earning product – the Fitbit Tracker – measures a series of personal metrics, such as quality of sleep, number of steps made, calories burned, and so on. Over the years, Fitbit has managed to stay ahead of the game by continuously providing clients with top quality products. This hasn’t gone unnoticed by investors, who helped Fitbit raise $43 million in their Series D funding at the end of 2013.
No. 2: Oscar
Founded back in 2013, Oscar is a relatively new name in the realm of health care, but this doesn’t mean that it isn’t gaining ground fast. Set up by Joshua Kushner, Mario Schlosser, and Kevin Nazemi, Oscar’s mission is to revolutionize the field of health insurance. Judging by the fact that this startup just raised $30 million in its Series A funding in January 2014, it seems that investors are really keen to see what Oscar has in store for us.
No. 1: One Medical Group
One Medical Group is arguably the biggest player in the healthcare startup game. Founded by some of the best practitioners in the US, One Medical Group sets out to completely revolutionize the way we view the health care system. By integrating customer-focused design with smart technology, science, and talent, One Medical Group’s goal is to deliver only the highest quality of services, at an affordable cost. For the past 9 years, One Medical Group has continuously drawn the attention of investors, with its latest achievement being the $30 million raised in private equity back in 2013.
