Top 15 New York City Healthcare Startups
- Updated: Aug 27, 2024
- 9 min
The United States spends more on healthcare than any other country, with costs projected to hit $6.2 trillion by 2028
Much of that massive investment flows through New York City – America’s undisputed healthcare startup capital.
Between AI, telemedicine, wearables, and precision medicine, New York healthcare providers are leading the digital health revolution while improving patient care.
Adoption of these tools soared during COVID-19 and continues to rise, especially among tech-savvy 18-45-year-olds.
This appetite for innovation in the healthcare industry has unleashed a wave of healthcare startups focused on delivering care anytime, anywhere. And for founders with a big idea, there may be no better place to build a healthcare startup than New York City.
This article explores 15 of the most exciting and disruptive healthcare startups in New York that you’ll want to follow in 2024.
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Top New York City Healthcare Startups to Watch in 2024
1. Galileo
Description | Galileo is counted as one of the unique startups in NYC. Why? Well, it has transformed the way patients find the required healthcare professionals. The Galileo app has endless features that help healthcare organizations meet the patient’s needs. It works on one of the best healthcare app trends. |
Market positioning, key features, key customers | Galileo falls under mhealth, and the mhealth market will hit the USD 316.8 billion by 2027. The Galileo patient care app offers:
NYC healthcare startup healthcare companies like Galileo aim to support the patients. |
Funding | Galileo has not raised any funds so far. However, it is one of the promising healthcare startups in New York. |
2. RO
Description | RO is an innovative telehealth company that has multiple products for its various users. It is one of the ingenious health startups in NYC. It also focuses on providing premium quality services to patients whenever required. |
Market positioning, key features, key customers | The global telehealth market will be worth $266.8 billion by 2026. RO is a telehealth app that provides a platform: For patients:
For doctors:
Their products are Roman, Rory, and Zero. |
Funding | All these services place RO among the top healthcare startups NYC. It has raised $176.1 million in three funding rounds. |
3. Kindbody
Description | Kindbody is an innovative company that aims to provide quality health services to women. NYC Healthcare startups like Kindbody focus on women’s fertility assessment and consultation. |
Market positioning, key features, key customers | Kindbody is an innovative company that aims to provide quality health services to women. NYC Healthcare startups like Kindbody focus on women’s fertility assessment and consultation. Market positioning, key features, key customersThe global healthcare market is expected to hit $17.8 billion by 2024. Kindbody offers its users various remarkable services like:
Other than that, Kindbody is one of those health startups NYC that also provides:
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Funding | Kindbody has raised a total of $63.3 million in 5 funding rounds. |
4. TMRW
Description | IVF is the technology of the future in the healthcare startup industry. TMRW is among the futuristic healthcare startups in New York that are leveraging this technology. This NYC based company aims to solve the issue of cryo specimen management. |
Market positioning, key features, key customers | The US IVF services market is estimated to be $5.56 billion by 2027. Hence, TMRW has the utmost potential to be one of the most demanding health life sciences companies in NYC.
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Funding | TMRW is counted among those empowering healthcare startups in NYC that have raised $37 million so far. |
5. Neurogene
Description | Neurogene focuses on counteracting neurological diseases in people. And this is what makes it one of the best healthcare startups in NYC. |
Market positioning, key features, key customers | The global neurology market will grow at a CAGR of 3.5% from 2019-24. This opens new doors for healthcare organizations. Neurogene harnesses the technology of today to search for solutions for neurological diseases like:
To find the root cause of these diseases, Neurogene partners with:
These interactions help them bring solutions and resources to their patients. |
Funding | Neurogene has raised $68.5 million, which makes it one of the developing healthcare startups in New York. |
6. Medly Pharmacy
Description | Medly is a medicine delivery company based in NYC. Its wide range of services distinguishes it from other health startups in NYC. |
Market positioning, key features, key customers | The pharmaceutical drug delivery market will hit the $2.01 billion mark by 2025. This proves that Medly Pharmacy has a bright future compared to other healthcare startups in NYC. Medley Pharmacy offers:
It is meant for patients, providers, and even manufacturers. |
Funding | Medly has raised a whopping $100 million in two funding rounds. This is remarkable among other healthcare startups in New York. |
7. Cityblock Health
Description | Cityblock Health is a healthcare firm focused on healthcare delivery to underserved populations. This approach makes it one of the unique NYC-based healthcare startups. |
Market positioning, key features, key customers | Cityblock Health aims to spend more time with users to know about their issues. No matter what time it is, you can reach out to Cityblock health 24×7. Cityblock promises to meet you anywhere you want to. Use their Commons platform to:
It also enables healthcare experts to:
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Funding | Health is one of those brilliant startups in NYC that has raised $139.3 million in 4 rounds. |
8. Paige
Description | Paige is one of the promising healthcare startups NYC. Why? It harnesses the power of AI to diagnose and treat cancer. In fact, AI’s impact is growing rapidly, and these AI statistics highlight the trends you need to know. |
Market positioning, key features, key customers | customersThe global cancer therapeutics market will reach a valuation of $180 billion by 2026. This is a clear sign that Paige is one of the potential health startups in NYC. Paige uses its AIRI infrastructure with GPU. The GPU has a performance of 10 petaflops. This helps in training the models to deliver lightning-fast performance. The platform gathers valuable insights for medical research from highly sophisticated data. This helps doctors, pathologists, and clinicians derive state-of-the-art treatment solutions for cancer. |
Funding | Paige has raised around $95 million over 4 funding rounds. |
9. Hiber Cell
Description | Hiber Cell is a biotechnology startup. It focuses on building advanced methods and approaches in the treatment of cancer metastasis. |
Market positioning, key features, key customers | Cell falls in those health startups in NYC that aim to solve the issue of cancer metastasis. When primary tumors are removed, even a small dormant disseminated tumor cell can cause a relapse. To prevent or delay the occurrence of cancer. Hiber Cell harnesses modern-day technology to develop solutions for cancer metastasis. These crucial steps make it one of the most ingenious healthcare startups in NYC. |
Funding | These innovative methods have fostered funding worth $60.8 million for Hiber Cell. |
10. Rightway
Description | mHealth apps are very popular at the current time. And Rightway Healthcare is one of those NYC startups that provides a mHealth app. |
Market positioning, key features, key customers | The global mHealth app market is projected to hit the $236 billion mark by 2026. This creates a huge scope for healthcare startups like Rightway in New York. Rightway serves the users by:
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Funding | Rightway Healthcare has raised around $30 million in 3 funding rounds. |
Empowering healthcare innovation through custom apps
11. Cedar
Description | Seamless payment is an essential part of the healthcare sector. And Cedar is one of the best health startups in NYC that accomplishes it. |
Market positioning, key features, key customers | The US medical payment market is massive. Moreover, there are many new trends surfacing in medical payments. Cedar works on one of those similar trends. It offers a healthcare financial management platform that:
All these seamless facilities make it one of the most demanding healthcare startups in New York. |
Funding | The success of Cedar is depicted by its funding. It has harnessed a whopping $151 million since its establishment in 2016. |
12. Capsule
Description | DescriptionCapsule is one of the NYC healthcare startups that is reshaping the pharmacy industry. It helps you get your medication right in the comfort of your home. |
Market positioning, key features, key customers | The global market for online pharmacy will be around $121 billion by 2027. Hence, Capsule has the potential to be one of the best healthcare startups in NYC. Capsule offers you:
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Funding | Capsule has raised $270 million in 4 funding rounds. This is the highest among the healthcare startups in New York on this list. |
13. HealthReveal
Description | HealthReveal is a part of healthcare startups in NYC that foster the power of AI. It helps clinicians diagnose and treat patients with chronic diseases. |
Market positioning, key features, key customers | The global AI in the healthcare market is expected to reach up to $45.2 billion by 2026. This makes HealthReveal a futuristic startup. HealthReveal solution analyzes various health-related information of the user from:
After this, the data is processed through the AI solution. This generates real-time medical treatment solutions. These are sent to healthcare professionals. These derived solutions and insights help doctors treat their patients in an improved way. |
Funding | HealthReveal is one of the best healthcare startups in New York. It has raised $37.9 million so far. |
14. K Health
Description | Doctor’s visits can be inconvenient and costly at times. So, why not get the doctor on your phone? K Health has turned this idea into reality. And that is what makes it one of the growing NYC healthcare startups. |
Market positioning, key features, key customers | Some of the best services that K Health offers are:
These services distinguish K Health from some of the fastest growing healthcare companies in NYC. |
Funding | Though it is one of the budding health startups in NYC. It has raised $97.3 million so far. |
15. Simple Health
Description | Simple Health is one of the innovative healthcare startups in NYC. It focuses on providing online medical consultation to the user regarding birth control. |
Market positioning, key features, key customers | The state-of-the-art NYC-based healthcare startups help in providing women with birth control medication. It follows the process as:
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Funding | Simple Health has raised $26 million in fundings. These figures make it one of the best healthcare startups in New York. |
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- HIPAA compliance consulting
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