Wed. Jun 7th, 2023

CEO Sean Duffy, pictured, co-founded power care supplier Omada Well being with Adrian James.Omada Well being

  • Startups have raised billions on the promise of disrupting healthcare.

  • To win over buyers, startups usually current their companies by a slide deck.

  • Listed below are the displays obtained by Insider that healthcare startups have used to boost tens of millions.

  • See extra tales on Insider’s enterprise web page.

Up to now few years, buyers have wager billions on healthcare startups trying to disrupt the trade.

In 2022, that exercise cooled off because the market stumbled and firms postponed their public debuts. Rock Well being reviews that digital well being startups raised $15.3 billion in 2022, simply half of what they raised in 2021.

Profitable over buyers is usually a lengthy course of, and it usually entails a slide deck that lays out what the startup does, and the place the corporate is heading.

Insider rounded up all of the displays we have printed that healthcare startups have used to boost money from buyers.

Early on, startups promote buyers on usually newly examined concepts

When startup founders pitch buyers forward of a seed or Sequence A spherical, they have not gotten far off the bottom.

Shows might be useful at laying out the how they plan to tackle a specific enterprise.

For example, a dad used this presentation to boost tens of millions to offer youngsters with ADHD and autism the identical sort of remedy that helped his son.

And take a look at the 13-slide presentation heart-health startup Miga Well being used to boost $12 million in seed funding.

Others can use the displays to share their new approaches, like Vori, which raised $45 million for a former neurosurgeon’s method to fixing Individuals’ again ache.

They will additionally present how a startup would possibly stand out in a aggressive discipline.  This is the 12-slide presentation Angle Well being, a health-insurance startup, used to land $58 million after its public opponents tumbled.

And Brightside used this presentation to interrupt by a crowded discipline of psychological well being startups and persuade VCs to take a position $24 million.

In 2023, some startups have raised contemporary early-stage  funds to again completely different approaches they’re making an attempt. For example, Inato used this 16-slide presentation to boost $20 million after ditching its outdated product to unravel a $50 billion downside for Huge Pharma.

You possibly can see extra displays under.

Learn extra:

This is the 15-slide presentation Twentyeight Well being used to boost $8.3 million to offer Medicaid sufferers higher reproductive healthcare

See the 16-slide presentation a startup used to promote buyers on a brand new method to fixing a $50 billion downside for Huge Pharma

See the presentation that bought Basic Catalyst to wager $5 million on Disclo, a startup serving to individuals with disabilities get lodging at work

See the 14-slide pitch deck Labviva used to boost $20 million to overtake a vital however missed job for Huge Pharma

See the 14-slide presentation StationMD used to boost $3.2 million for its method to offering care on-line to individuals with disabilities

See the presentation that satisfied Gwyneth Paltrow and NEA to again digital menopause-care startup Evernow

See the 11-slide presentation that satisfied Basic Catalyst to again a startup constructing a greater system to assist insurers monitor their docs

See the 15-slide presentation a former Googler used to boost $9 million for his new method to residence care

This is the 17-slide presentation Circles used to boost $16.5 million for group counseling

Right here is the 23-slide presentation a former Marie Claire editor-in-chief used to get millennial males to spend money on a startup that treats menopause signs

Right here is the 29-slide presentation a former Cigna government used to boost $40 million to enhance how lower-income older adults obtain healthcare

See the 14-slide presentation a members-only concierge emergency-care startup used to boost $30 million in Sequence A funding

Right here is the 12-slide presentation that satisfied health-tech juggernauts like Anne Wojcicki and Elad Gil to again a public-health-data analytics startup

See the 16-slide presentation a former Uber exec used to boost $25 million to deal with the rising in-home care market

See the 24-slide presentation the Mint founder used to promote buyers and hospitals on his new emergency-room administration startup

See the presentation a serial entrepreneur used to boost $20 million from Bessemer and Founders Fund for his answer for Individuals dwelling with power ache

See the presentation a startup used to boost $3.7 million for a completely new method to serving to millennials plan for his or her deaths

By Sequence B, startups are searching for an opportunity to develop large

By their Sequence B rounds, startups are elevating greater sums at greater valuations. They’re usually nonetheless early into their existence and are searching for methods to get large.

In November, health-data startup Carta Healthcare raised $20 million because it eyes a path to profitability.

And Devoted Well being raised $300 million at a $1.8 billion valuation in 2018 earlier than it had signed on any clients.

Ladies’s healthcare startup Tia used this 30-slide presentation in 2021 to boost $100 million one yr after shedding all its income ‘in a single day’ due to COVID-19. Tia deliberate to make use of the funding to develop its in-person clinics in new areas.

And even amid the 2022 market downturn, Folx Well being raised elevate $30 million to supply extra telehealth choices for LGBTQ+ sufferers with this 17-slide presentation.

Tomorrow Well being, a home-care startup, used this 12-slide presentation to boost $60 million in Sequence B funding. It is backed by buyers together with Andreessen Horowitz.

In the meantime tech startup Stellar Well being raised $60 million from Basic Atlantic with this presentation with its method of rewarding docs for offering higher care.

Learn extra:

See the pitch deck Zus Well being used to persuade prime VCs like Andreessen Horowitz, F-Prime, and Maverick to again its answer for healthcare’s $140 billion data-sharing downside

See the 29-slide pitch deck {that a} digital well being startup used to boost $24 million solely from its hospital clients

See the 15-slide presentation Trace Well being used to promote its imaginative and prescient of reducing insurance coverage corporations out of major care

See the 17-slide presentation that satisfied Livongo’s Glen Tullman to spend money on a dermatology startup

Right here is the 12-slide presentation two teachers used to promote buyers on their digital cognitive-testing startup

Alphabet’s VC arm simply sank $140 million right into a startup that desires to unseat dialysis giants like DaVita. We bought the pitch deck that satisfied CapitalG to again Try Well being.

Late-stage rounds can provide startups the gasoline to scale or gear up for a public debut

The displays used to safe later rounds of funding can be utilized to point out buyers how far the startup’s come, and what’s forward.

Usually, the buyers begin to look completely different as effectively, and startups can discover themselves pitching asset managers or trade incumbents, like well being insurers.

For example, Tiger International and Blackstone backed decentralized trials startup Medable in its Sequence D.

Tiger International — alongside well being insurer Humana — additionally backed the at-home healthcare startup Dispatch Well being in its Sequence D.

And scorching mental-health startup NOCD received over buyers together with Cigna Ventures in January with this presentation.

In the meantime, Omada Well being used this presentation to boost $192 million because it gears up for an IPO. Digital well being startup Tebra equally used this 23-slide presentation to boost $72 million because it prepares to go public.

Insurer Centene has backed some later-stage rounds, together with Hazel Well being’s Sequence C and Vida Well being’s $110 million spherical. The upstart shared the presentation that helped it elevate the funds towards a brand new imaginative and prescient for the toughest sort of healthcare.

The displays at this stage might help land startups like Aledade excessive valuations. Aledade raised $100 million in a spherical that valued the corporate at $2.1 billion.

Generally, if the founder is well-known, corporations would possibly even get unsolicited funding. This occurred to Glen Tullman’s new startup Transcarent, which raised a $200 million Sequence C spherical that valued the corporate at $1.62 billion. 

Learn extra:

This is the 12-slide presentation that satisfied Oak HC/FT and Tiger to wager on a virtual-reality startup to coach surgeons

See the 13-slide presentation that satisfied Oak HC/FT and NEA to wager on a scorching primary-care startup

This is the 11-slide presentation digital-health startup Podimetrics used to land $45 million for its remote-monitoring tech

See the 14-slide presentation that satisfied ICONIQ and Sequoia to guide a $140 million funding in a startup centered on treating metabolic circumstances

This pitch deck helped telehealth startup Heal elevate $100 million and win a serious partnership with healthcare large Humana. This is how the deal got here to be.

Learn the unique article on Enterprise Insider

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