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Recursion Pharmaceuticals is a clinical-stage TechBio company expediting drug discovery using experimental biology, bioinformatics, and AI. Its proprietary Recursion OS integrat...

Business ModelB2B

Core Techexperimental biology, bioinformatics, and artificial inte...

Drug Discovery/Development

Cerner

Acquired

North Kansas City, Missouri, U.S.

Cerner is a leading provider of digital information systems and electronic health records (EHR) used by hospitals and health systems. It was the second-largest EHR vendor in U.S...

Business ModelB2B, SaaS, Tech-enabled Services (designing, installing, and supporting applications for sharing clinical and management data, automating health management processes, and creating electronic patient records, with cloud-based analytics and AI capabilities).

Core TechComprehensive Electronic Health Record (EHR) systems (Cer...

Founded1979

Healthcare Infrastructure

NextGen Healthcare

Irvine, California, U.S.

NextGen Healthcare is a leading healthcare software company providing fully-integrated EHR, medical billing, practice management, and patient engagement solutions. It has collab...

Business ModelB2B, SaaS, Services

Core Techfully-integrated EHR, medical billing, practice managemen...

Founded1973

Practice Management

Arcadia Power

Series E

Washington, D.C., D.C.

Arcadia Power is a global utility data and energy solutions platform that focuses on enabling access to clean energy and stopping climate change. It provides a robust, global en...

Business ModelB2B SaaS

Core TechAI-powered enterprise solutions for end-to-end energy man...

Founded2014

Other

Ant Group

Unknown

Hangzhou, Zhejiang, China

Ant Group has significantly pivoted its growth strategy towards AI-powered healthcare, primarily through its AI healthcare app, AQ, aiming to become a major player in China's ra...

Business ModelB2C, providing accessible and inclusive AI-powered healthcare services via its AQ app, facilitating online consultations, appointment bookings, prescription drug purchases, and health management, while also combating misinformation.

Core TechHealthcare large model built on DeepSeek R1/V3, Alibaba's...

Founded2004

Healthcare Infrastructure

Commure

Mountain View, California, United States

Commure provides AI agents to automate physician workflow across revenue cycle management, documentation, and practice management, integrating with over 60 EHRs including Epic a...

Business ModelB2B SaaS

Core TechAI agents, Ambient AI

Founded1997

Healthcare Infrastructure

Crusoe Energy

Series E

Denver, Colorado, USA

Crusoe Energy is a vertically integrated AI infrastructure and cloud computing company. The company specializes in converting stranded energy resources, such as flared natural g...

Business ModelB2B, Vertically Integrated AI Infrastructure Provider, GPU-as-a-Service. Crusoe generates revenue by operating data centers for AI/HPC, offering Crusoe Cloud, and supplying energy-efficient compute infrastructure.

Core Techconverting stranded energy resources into power for high-...

Founded2018

Other

Twist Bioscience

IPO

South San Francisco, California, United States

Twist Bioscience is a public biotechnology company manufacturing synthetic DNA and DNA products using a proprietary semiconductor-based process. Their innovative method allows f...

Business ModelOperates a digital-to-biological manufacturing model, providing synthetic DNA-based products and services. Business segments include Synthetic Biology, NGS Tools, and Biopharma Services. Aims to be a foundational B2B provider of synthetic DNA, often described as the 'Amazon of DNA.'

Core Techproprietary semiconductor-based synthetic DNA manufacturi...

Founded2011

Drug Discovery/Development

Altos Labs

Series A

San Francisco, CA, US

Biotechnology company focused on cellular rejuvenation programming to restore cell health and resilience.

Business ModelService

Core TechPartial epigenetic cell reprogramming that does not destr...

Founded2022

Drug Discovery/Development

Omada Health

Public

Palo Alto, California, United States

Digital health platform with IPO in 2025

Business ModelB2B2C, value-based, SaaS-like (platform licensing to healthcare providers)

Core TechVirtual-first platform leveraging AI-powered software, co...

Founded2015

Care Coordination

Oracle Health

Acquired

North Kansas City, Missouri, U.S.

Formed through Oracle's acquisition of Cerner in June 2022 for $28 billion.

Business ModelB2B, SaaS

Core TechEHR system built on Oracle Cloud Infrastructure (OCI)

Founded1979

Healthcare Infrastructure

Insilico Medicine

Public

New Territories, Massachusetts, Hong Kong

Global clinical-stage biotechnology company powered by generative AI focused on drug discovery.

Business ModelB2B, software licensing, therapeutic out-licensing

Core Techgenerative AI

Founded2014

Drug Discovery/Development

Vanta

Series D+

San Francisco, California, US

Vanta is a healthcare insurance planning firm specializing in ACA Marketplace enrollment and Medicare coverage decisions. It also operates an AI-powered documentation platform f...

Business ModelB2B SaaS

Clinical Documentation AI

Checkr

Series E

San Francisco, California, USA

Checkr provides modern and compliant background check solutions using AI and machine learning to streamline hiring. It offers specialized healthcare background checks, including...

Business ModelB2B SaaS

Core Techartificial intelligence and machine learning

Founded2014

Healthcare Infrastructure

Compass Pathways plc

Public

London, UK

Compass Pathways plc is a biotechnology company focused on accelerating patient access to evidence-based innovation in mental health, pioneering COMP360, an investigational synt...

Business ModelPre-commercial stage biotechnology company focused on funding the research and development of its lead drug candidate, COMP360. The future strategy involves commercial sale of its proprietary, single-administration therapy (delivered with psychological support) to certified third-party treatment centers, generating revenue from drug price, session frequency, and payer reimbursement for therapist and clinic services.

Core TechCOMP360, an investigational synthetic psilocybin treatment

Founded2016

Behavioral Health

Judi Health

New York, NY, USA

Judi Health™ is a health technology company providing a comprehensive suite of benefit management solutions for employers, unions, government entities, health systems, health pl...

Acquired (Public to Private Secondary Buyout)

Business ModelB2B enterprise SaaS/Platform, providing full-service health benefit management solutions to employers, third-party administrators (TPAs), and health plans. It operates as a transparent pharmacy benefit manager (PBM) for self-insured employers with a flat-fee pricing model.

Core TechAI-powered unified health benefits platform

Founded2017

Claims/Revenue Cycle AI

Maxar Intelligence

Westminster, Colorado, United States

Provider of secure, precise geospatial intelligence with an industry-leading Earth imaging constellation providing near real-time satellite imagery.

Business ModelMaxar Intelligence operates through long-term contracts and subscription-based models, providing geospatial intelligence and satellite services to government agencies, defense organizations, and commercial enterprises (B2B/B2G).

Core TechAdvanced Earth imaging satellite constellation (WorldView...

Founded2023

Other

Inovalon

Growth/Private Equity

Minneapolis, Minnesota, United States

A pharmacy benefit manager (PBM) and integrated pharmacy solutions organization.

Business ModelB2B, SaaS, DaaS (Data-as-a-Service). They operate as a leading provider of cloud-based data analytics and data-driven intervention platforms, generating revenue through sales and service contracts with healthcare organizations.

Core TechInovalon ONE® Platform, which integrates national-scale c...

Founded2000

Healthcare Infrastructure

NextGen

Acquired

Cary, North Carolina, United States

An American software and services company that provides integrated electronic health record (EHR), practice management, and revenue cycle management solutions for ambulatory and...