Healthcare Startups in Los Angeles: In-Depth Overview [2023 Edition]
Healthcare is by far the most important industry in any economy. It’s the industry that affects the lives of all people. And, this pandemic has only increased its importance. The decision-makers are taking healthcare seriously as never before.
In the US alone, healthcare spending amounted to 3.4 Trillion Dollars. That’s in 2019, even before the pandemic. Healthcare accounts for 17.7% of the total GDP of the United States of America.
The modern-day Los Angeles startups are harnessing cutting-edge technologies to build health and wellness solutions. Companies want to create a fusion of technologies and healthcare solutions that change people’s lives. After this pandemic, the health-tech industry has become the next big thing.
Los Angeles sits at the heart of California. The city has a huge number of cutting-edge startup companies aiming to change the world. Healthcare startups in Los Angeles are no different. There are over 300 health tech companies in Los Angeles that are currently operating.
Healthcare Startups from Los Angeles Worth Watching in 2023
In this list, we will introduce you to the startups that show promise. These are the startups that have been launched recently and show exceptional growth. Growth in terms of revenues, customers, and obviously, funding. Here’s the list of promising startups that operate in Los Angeles:
1. LOOM
| Description | Loom is a platform that educates women about their sexual and reproductive health. They are aiming at creating a digital platform to educate women about their sexual/reproductive health. |
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Market positioning, key features, and key customers | Loom positions itself as an educational platform that serves the well-being of women. They are kind of a mixture of an EdTech and HealthTech startup. They sell online courses to women that teach them about their health during and after pregnancy. So, for now, their key customers are women that want to focus on their reproductive health. |
| Funding | Loom received seed funding of $3M from Slow Ventures and is now looking for another round of Funding. |
2. Modern Animal
| Description | Modern Animal is a veterinary startup – but, in a modern way. They promise to provide a fresh environment to both animals and humans. |
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Market positioning, key features, and key customers | The Modern Animal is a platform-based business. It happens to be the USP of their startup. They do not charge any fees. Instead, they charge a subscription fee, and you can visit them as many times as you want. They try to position themselves as the progressive alternative to current veterinary clinics. Their key customers are those who have pets and are fed up with the old-school, outdated, and expensive veterinary clinics. |
| Funding | Modern Animal secured series A funding of $35.5M from Addition and True Ventures in July 2021. |
3. Moving Analytics
| Description | Moving Analytics, aka Movn, is a startup that provides rehab-at-home services to cardiac patients |
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Market positioning, key features, and key customers | Moving Analytics operates as a telehealthcare services provider aiming to serve cardiac patients. Their flagship product is a rehab program for cardiac patients. And, their key customers include people who are or have any cardiac patients in their family. They also partner up with NGOs and rehab services providers to provide a platform for them. |
| Funding | Moving Analytics received seed funding of $6M from Aphelion Capital and Cardeation Capital in July 2021. |
4. Fluxa
| Description | Fluxa is a collaboration and data-management platform for pharmaceutical companies that aids them in developing drugs at different sites and locations. |
| Market positioning, key features, and key customers | Fluxa is a B2B startup and focuses on providing a collaboration platform to biopharmaceutical companies. They provide a digital platform, named Scale-Up, to the pharmaceutical companies that want smooth collaboration for high productivity and quality. Their key customers are multi-national drug manufacturing companies. |
| Funding | Fluxa received venture round funding of $5M in March 2021. |
5. Bionaut Labs
| Description | Bionaut Labs creates a new way of treating Central Nervous System disorders by creating micro-robots named Bionauts. They create new treatments with the help of precision-targeted medicine. |
| Market positioning, key features, and key customers | They position themselves as a market leader in producing a new treatment technology. They provide micro-robots that serve as therapeutic agents/treatments. Their key customers are healthcare service providers like hospitals which can utilize their technology to treat these illnesses. |
| Funding | Bionaut Labs secured a series A round funding of $20M from Khosla Ventures in March 2021. |
15 Healthcare Startups in Los Angeles, Worth to Learn From in 2023
Go through these top healthcare startups Los Angeles and harness some ideas.
1. Honeybee Health – 2017
| Description | Medication is a crucial pillar of the healthcare sector. And we are aware that they are overpriced. Honeybee health is one of those Los Angeles health startups that address this issue. |
| Market positioning, key features, key customers | The market of online pharmacy will hit the $2.7 billion mark by 2023. Honeybee health is the HIPAA compliant pharmacy. It helps patients to get all their required medicines at a fair price. It is one of the promising Los Angeles startups in health and wellness that eliminates the middlemen. This helps them deliver quality medicine at an economical price. This makes it one of the promising healthcare apps trends. |
| Funding | The Los Angeles based medical firm has raised $5.4 million so far. |
2. Dentulu – 2018
| Description | Among the plethora of health tech companies Los Angeles, Dentulu focusses on oral care. It provides state of the art solutions to its customers for addressing their dental problems. And is well recognised among various other health tech companies Los Angeles. |
| Market positioning, key features, key customers | The oral care market is expected to hit the mark of $53.3 billion by 2025. Dentulu has an iOS application that helps patients in various ways like:
These features make Dentulu one of the potential healthcare startups Los Angeles. |
| Funding | Dentulu has raised $300,000 in two funding rounds. This lands Dentulu among the top health startups in Los Angeles. |
3. One Step – 2017
| Description | Drug addiction programs are undertaken by various companies these days. To make their workflow easy for them, One Step offers an excellent software. |
| Market positioning, key features, key customers | The global market for addiction treatment will reach a valuation of $12 billion by 2030. One Step falls among the health and wellness startups Los Angeles that eye on building smart solutions for addiction treatment organizations. The One Step solution platform is used by sober living facilities to monitor their patients. Moreover, the platform also allows patients to chat with each other, set goals, etc. In short, it helps in saving time and improving outcomes. |
| Funding | One Step is one of those Los Angeles health tech companies that has raised $1.1 million. |
4. Lyfebin – 2018
| Description | Medical images are essential to understand a patient’s health problem. Lyfebin reduces the hassle for patients to carry medical reports and diagnosis images to every physician. |
| Market positioning, key features, key customers | The medical imaging market is expected to grow up to $33.5 billion by 2024. Lyfebin harnesses this rising growth of medical imaging. It is one of those health startups in Los Angeles that helps both physicians and patients. The platform allows to:
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| Funding | Although it is one of the best healthcare startups in Los Angeles. But, it has raised any funds so far. |
5. Lightship – 2018
| Description | Clinical trials or tests are an indispensable part of the healthcare sector. They help in finding effective solutions to a medical problem. Lightship is a part of those health startups in Los Angeles that aim to ease clinical trials and research. |
| Market positioning, key features, key customers | Lightship is one of the ingenious and best health tech companies in Los Angeles. It focusses on conducting clinical trials at the patient’s home. The global market of clinical trials will grow at a CAGR of 5.1% from 2020-27.
It is best for both patients and physicians. |
| Funding | Lightship is one of the innovative healthcare startups in Los Angeles. It has raised a whopping $20 million in just 1 funding round. |
6. WellSet – 2018
| Description | Finding specific healthcare professionals can be a bit tough job. So, there is a need for a platform that helps the patients with this. Fortunately, WellSet is one of those health and wellness startups in Los Angeles that does this. |
| Market positioning, key features, key customers | Meet WellSet, an online booking platform for patients. The WellSet platform allows you to:
The platform is meant for both health experts and patients. |
| Funding | WellSet is one of the fresh health startups in Los Angeles. Hence, it has not raised any funds so far. |
7. Pearl – 2019
| Description | Pearl is one of those health tech companies in Los Angeles that leverages the power of AI. Their state of the solutions holds power to transform the dentistry sector. |
| Market positioning, key features, key customers | The dental market is sky-high right now. And it is projected to be at $53.3 billion by 2025. These stats make Pearl one of the potential healthcare startups Los Angeles. Pearl offers the following dental products:
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| Funding | Pearl is one of the budding Los Angeles health startups that has raised $11 million so far. |
8. Frame – 2019
| Description | Frame is among those health and wellness startups Los Angeles that are dedicated to mental health. The company offers two services that can be harnessed by individuals to gain mental health benefits. |
| Market positioning, key features, key customers | Mental health is the most crucial health aspect. This is the reason the market of mental health software is accelerating towards 2,306 billion in 2022. Frame offers:
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| Funding | Frame is one of those health tech companies Los Angeles that has not raised any funds so far. |
9. Lactation Lab – 2017
| Description | Lactation Lab is among those healthcare startups in Los Angeles that focus on baby care. The firm provides breast milk analysis services to its customers. |
| Market positioning, key features, key customers | The services of the firm include 3 packages:
The kit is shipped to you and has to be sent back with the breast milk sample. Lab tests are performed, and results are delivered to you in a PDF file. The results include test analysis and suggestions to improve the quality of breast milk. |
| Funding | Lactation Lab is one of the growth-oriented Los Angeles startups in health that has not raised funds so far. |
10. Kiira Health – 2018
| Description | Kiira Health is one of those health tech companies in Los Angeles that targets improving women’s health. Kiira is an advanced AI-based virtual clinic for women. |
| Market positioning, key features, key customers | The women’s healthcare market is expected to touch $17.8 billion by 2024. These stats make Kiira one of the best health and wellness startups in Los Angeles. Kiira helps women get assistance from trusted primary care physicians regarding:
Kiira is among those Los Angeles health startups that serve women in universities, colleges, offices with their various health plans. |
| Funding | Kiira Health has not raised any funds so far. |
11. Advekit – 2017
| Description | Advekit is one of those prime health tech companies Los Angeles that eases the process of finding a mental therapist. The platform makes the process extremely simple and affordable. |
| Market positioning, key features, key customers | The massive surge in the mental health market has led to the inception of such health and wellness startups Los Angeles. Advekit helps both therapists and patients. It offers the facility to get in touch with the best mental therapist through a simple questionnaire. Advekit also helps you save a lot of money by analyzing your insurance details. |
| Funding | Advekit has raised around $2.6 million in 3 funding rounds. And this counts it among the rising health and wellness startups Los Angeles. |
12. Stasis Labs – 2015
| Description | Remote health monitoring and EHR systems are significant aspects of healthcare. Stasis harnesses the power cloud computing to provide a seamless patient monitoring system. |
| Market positioning, key features, key customers | The market of remote patient monitoring systems is expected to grow at a CAGR of 13.4% by 2026. Thus, making Stasis Labs one of the promising healthcare startups Los Angeles. Stasis Labs online platform helps doctors and nurses keep a check on patients. The system sends live user vitals to doctor’s and nurse’s mobile devices. This helps them take necessary medical action immediately. Stasis is an FDA-cleared remote monitoring system. Hospitals and doctors can use it. |
| Funding | Stasis Labs is one of the health startups in Los Angeles that has raised $5 million. |
13. Ella – 2016
| Description | Ella is among those unique health and wellness startups in Los Angeles that focus on improving the patients’ chronic pain. |
| Market positioning, key features, key customers | The market of chronic pain treatment is expected to grow at a CAGR OF 6.4% by 2024. This makes Ella one of the futuristic health tech companies of Los Angeles. Ella aims to solve the chronic pain issues of the patients with its mobile platform. Through its mindfulness programs over a period of time, Ella trains the patient’s brain to process pain differently. All the coaches on the platform will be certified. |
| Funding | Ella has raised $100k in fundings over 2 rounds. |
14. Voxel Cloud – 2016
| Description | Technologies like AI and cloud computing power Voxel Cloud and many other Los Angeles health startups. It is one of the potential healthcare startups in Los Angeles that streamlines the process of medical image analysis. |
| Market positioning, key features, key customers | Many health and wellness startups are working on the concept of medical imaging in Los Angeles. Plus, the market of medical imaging software is about to go over $3800 million by 2022. Hence, Voxel Cloud is on the right way to transform the healthcare sector. It provides:
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| Funding | Voxel Cloud is the health startup in Los Angeles that has raised a whopping $78.5 million. |
15. Medley – 2015
| Description | Medley is innovative healthcare startups in Los Angeles that act as a great link between medical professionals and facilities. |
| Market positioning, key features, key customers | As healthcare is being shaped by technology day by day. Medley has made it easy for:
The professionals just need to sign up on the platform to get job notifications. Fit for both per diem and travel assignments. It allows healthcare companies to hire trusted professionals on demand. |
| Funding | Medley is one of ingenious health tech companies in Los Angeles that has not raised any funds so far. |
Have an Idea for Own Healthcare Startup?
Well, if you have an idea for a fresh healthcare startup, it is better to implement it right now.
As almost all healthcare ideas have an evolving market in the future, it is best to start your healthcare startup in Los Angeles.
We at Spdload take absolute care of the entire process of your telemedicine app development.
To provide your health and wellness startup in Los Angeles an exponential growth, we closely keep oversight on:
- Market analysis
- Designing and development
- Testing and Inspection
- MVP
- Post-release serviceshealthcare startups Los Angeles
With all these services, we can help you build a health startup in Los Angeles that stands out from the others. We also make sure that your startup is among the HIPAA compliant health tech companies Los Angeles.
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