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Top 15 New York City Healthcare Startups

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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.

The future of healthcare is being invented right before our eye.

If you are just looking for a great idea for your new venture, see how to find an idea for a unicorn startup with market potential and scalability.

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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:

  • Access to a plethora of doctors post a questionnaire.
  • Medical prescriptions.
  • Chronic care management.
  • Reference to doctors in the neighborhood.

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.

Top 15 New York City Healthcare Startups

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:

  • Instant access to experienced doctors, like primary care physicians
  • Discuss or manipulate the treatment plan.
  • Prescription control.
  • Doorstep delivery of medication

For doctors:

  • Collect the patient’s clinical data.
  • Analyze common risk factors.
  • Timely check-in with patients.

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.

Top 15 New York City Healthcare Startups

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:

  • Virtual fertility consultation.
  • Egg freezing assessment
  • Reciprocal IVF assessment
  • Fertility assessment
  • Conception assessment

Other than that, Kindbody is one of those health startups NYC that also provides:

    • Embryo banking
    • IUI (Intrauterine Insemination)
    • IVF
    • Genetic testing
Funding

Kindbody has raised a total of $63.3 million in 5 funding rounds.

Top 15 New York City Healthcare Startups

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.

  • TMRW aims to transform the identification and storage of fertility cells.
  • It reduces the risk of loss or misidentification of the cells.
  • Reduces manual, error-prone tasks by incorporating automated technology.
  • TMRW allows doctors and embryologists to focus on the tech aspect of their work.
Funding

TMRW is counted among those empowering healthcare startups in NYC that have raised $37 million so far.

Top 15 New York City Healthcare Startups

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:

  • Aspartylglucosaminuria (AGU)
  • Charcot-Marie-Tooth Type 4J
  • Batten Disease (CLN5 and CLN7)

To find the root cause of these diseases, Neurogene partners with:

  • Patients
  • Family foundations
  • Disease experts
  • Advocacy organizations

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.

Top 15 New York City Healthcare Startups

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:

  • Same-day free delivery of medicine.
  • Order tracking facility
  • Medication processing and paperwork for providers.
  • Medication reminders
  • Support for pharmaceutical companies

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.

Top 15 New York City Healthcare Startups

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:

  • Sharing health information
  • To stay in loop wit the healthcare providers.

It also enables healthcare experts to:

    • Real-time track of patient’s information.
    • Communicate with the patients.
    • Organize and manage tasks.
Funding

Health is one of those brilliant startups in NYC that has raised $139.3 million in 4 rounds.

Top 15 New York City Healthcare Startups

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.
Top 15 New York City Healthcare Startups

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:

  • Pairing patients with a team of physicians and nurses.
  • Educating patients about alternate and cost-effective therapies.
  • Providing affordable medication.
  • Help review the treatment plan.
Funding Rightway Healthcare has raised around $30 million in 3 funding rounds.
Top 15 New York City Healthcare Startups
Healthcare app development

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:

  • Takes care of end-to-end billing.
  • Utilizes EHR software development services and external and demographic data to accommodate patients’ needs and improve health outcomes.
  • Resolve billing issues.

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.

Top 15 New York City Healthcare Startups

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:

  • Free same-day delivery of medicine.
  • Communication with your doctor regarding your prescription.
  • Refill from old pharmacy to Capsule.
  • Direct call or chat with the pharmacists.
Funding Capsule has raised $270 million in 4 funding rounds.

This is the highest among the healthcare startups in New York on this list.

Top 15 New York City Healthcare Startups

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:

  • Electronic Medical Records (learn more about the benefits of EMR systems)
  • Past medical history
  • Data from the wearable devices.

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.
Top 15 New York City Healthcare Startups

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:

  • Anxiety and depression treatment, including doctor visits and medication.
  • Economically priced primary care at your home.
  • Chat with healthcare professionals.
  • Medication prescription.

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.
Top 15 New York City Healthcare Startups

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:

  •  Fill in the patient’s medical history and preferences.
  • Add payment details.
  • Analysis of information by the doctor and prescription.
  • Doorstep delivery of your medicine.
  • Timely checking in by the doctors.
Funding Simple Health has raised $26 million in fundings. These figures make it one of the best healthcare startups in New York.

Ready to Launch Your Own Healthcare Startup?

If you have a groundbreaking idea for the next startup that will revolutionize the healthcare industry but don’t know where to begin, we can help.

As an award-winning app and software development firm, we specialize in building innovative healthcare platforms from the ground up.

Our end-to-end services ensure your startup is going to succeed:

  • In-depth market research to validate and refine your concept
  • User-centric wireframing and UI/UX design for ultimate patient care. Learn more about UX vs UI design.
  • Agile development with regular user testing
  • HIPAA compliance consulting

Ready to turn your healthcare unicorn startup idea into reality?

Book a strategy session today to assess your vision, review capabilities and budgets, and map out a custom plan tailored to your unique needs.

Have a question? Look here

Why is New York City a hub for healthcare startups?
NYC is considered a healthcare startup capital due to its significant investment in healthcare, tech-savvy population, and strong ecosystem of medical institutions, investors, and innovative minds.
What types of healthcare innovations are these NYC startups focusing on?
These startups focus on various innovations, including AI, telemedicine, wearables, precision medicine, IVF technology, neurological disease research, and digital pharmacy services.
How has the COVID-19 pandemic influenced healthcare startups in NYC?
The pandemic accelerated the adoption of digital health tools, leading to a surge in innovations and startups aiming to provide accessible and remote healthcare solutions.
How are these startups utilizing AI and technology?
Startups like Paige and HealthReveal use AI to enhance diagnostics and treatment plans, while TMRW employs automated technology for cryo specimen management in IVF.
What is the role of telemedicine in these NYC healthcare startups?
Telemedicine is a key focus for startups like RO and K Health, providing remote access to healthcare professionals, virtual consultations, and home-based care solutions.
How can healthcare startups ensure their software solutions are compliant with industry regulations?
Ensuring compliance with industry regulations is critical for healthcare startups. This involves adhering to HIPAA standards for patient data protection, conducting regular security audits, and staying updated with regulatory changes. Collaborating with experts who understand the legal landscape can help navigate these complexities. SPDLoad offers HIPAA compliance consulting, ensuring your software meets all necessary regulatory requirements while delivering top-notch patient care solutions.
How can SPDLoad assist in developing a healthcare startup app or platform?
SPDLoad specializes in developing custom healthcare apps and platforms tailored to the unique needs of startups. Their services include market research, user-centric design, agile development, and ongoing user testing. With a focus on innovation and compliance, SPDLoad helps startups bring their ideas to life, ensuring their solutions are both effective and secure. Partnering with SPDLoad can significantly accelerate the development process, helping healthcare startups quickly launch their products and gain a competitive edge.

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