Top Healthcare startups to watch in 2024

Despite 10% of the GDP being spent on healthcare, the sector is struggling due to outdated infrastructure, staffing shortages and increased workloads (to name just a few). We’re extremely excited about advancements in healthtech as we believe it will help to relieve these pressures. Improvements to the existing healthcare system will not only help to increase the speed and quality of care it will also help to improve patient-clinician relationships. A combination we believe will lead to better outcomes for patients. Keep reading for a round up of the ten healthcare startups we believe are kick starting this important process.

The Top Three

uMed

uMed helps life science clinical and medical teams recruit patients into studies and build evidence in days, not years. It does this by compliantly using health record data to match patients to study opportunities. It also manages communication with the patient.

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Lantum

Lantum is a workforce management platform that makes it easier for healthcare providers to mobilise their workforce and for clinicians to work more flexibly. The platform gives users access to a staff bank, rota tool and a clinician network all in one place to improve fill rates, cut admin time and reduce costs.

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Peppy

Peppy helps companies connect their employees with healthcare experts in underserved areas, covering menopause, fertility, women's health and men's health. The app gives individuals the care they need to take control of their health and bring their best selves to work, every day.

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uMed

Why we’re excited:

Medical studies can cost millions thanks to outdated manual processes. We’re excited about uMed because it aims to create a more efficient process to find, onboard and manage appropriate patients. This is something that will enable healthcare providers to participate in more studies and expedite improvements in medicine more quickly.

Founded by:

Founded date:

2018

Funding:

Series Unknown US$ 3.7M

# Employees:

11-50

Location:

London, U.K

Lantum

Why we’re excited:

Digital transformation is one of a number of factors that must be a key focus for the NHS going forward and we believe Lantum is well-positioned to deliver it. By focusing on digital transformation, Lantum has built a healthcare system that better serves its staff and its patients, helping to rebuild the trust that has been lost in recent years.

Founded by:

Founded date:

2012

Funding:

Venture Series Unknown US$ 28.8M

# Employees:

51-200

Location:

London, U.K

70% of startups use Freelancers to scale

Peppy

Why we’re excited:

We believe that supporting your business starts with supporting your greatest asset – your employees and that’s why we love Peppy. Plus incorporating healthcare that covers often overlooked areas of healthcare is a great way for employers to differentiate themselves from other firms, helping to attract the best talent in hyper-competitive markets.

Founded by:

Founded date:

2018

Funding:

Series B US$ 56.7M

# Employees:

101 - 250

Location:

London, U.K

Lottie

Lottie is a free service that helps you to find the UK's best care homes and retirement living communities in your local area. Lottie is on a mission to elevate later life for everybody.

Why we’re excited:

Almost half (44%) of care seekers regret their choice of care home which is why Lottie is so important. We love that Lottie makes it easier than ever for care seekers to choose the perfect care home for a loved one based on their individual needs, budget and location. We’re also really excited by Lottie’s bold and more playful branding. It evidences their ambition to reimagine the care system - something we believe will play a huge role in helping to rebuild trust in the system that supports our ageing population.

Founded by:

Founded date:

2021

Funding:

£9.1M

# Employees:

11-50

Location:

London, U.K

Vinehealth built an online community of over 10,000 patients with 3x social engagement.

Vinehealth wanted to increase its engagement with users across their social media platforms. With a small online presence to begin with, there was ample room to grow. Within a few weeks of working with a Social Media freelancer for two days per week, Vinehealth’s overall engagement increased threefold.

Learn how

Nabla Copilot

Nabla generates clinical notes while health practitioners conduct in-person and video consultations. The platform aims to ensure digital health businesses and healthcare providers offer better care by reducing the time spent accessing, updating and organising clinical documentation.

Why we’re excited:

Given the many challenges facing healthcare systems like the NHS and the subsequent impact this has had on doctor-patient relationships, we love Nabla Copilot’s ambition to reverse this. By using clever AI technology Nebla Copilot gives physicians back their time (a.k.a their most valuable resource) and it ensures all patient consultations are well documented, which we believe will help to rebuild confidence and trust in existing healthcare systems. Plus it helps limit the stresses impacting practitioners on a daily basis, which is a win, win.

Founded by:

Founded date:

2018

Funding:

Series A US$ 20.6M

# Employees:

11-50

Location:

Paris, France

Fertifa

Fertifa is the UK and Europe's leading reproductive benefits provider. The platform aims to give people the help and support they need, whenever they need it. They offer support, clinical advice, financing and benefits for fertility and family-forming, women's health (including menopause) and men's reproductive health.

Why we’re excited:

We love Fertifa because they’re making reproductive health accessible to everyone, no matter who they are or what they're going through. Typically one in seven couples have trouble conceiving so access to affordable, high-quality fertility care for those in need is extremely important.

Founded by:

Founded date:

2019

Funding:

Seed £6M

# Employees:

1-10

Location:

London, England

Inflow

Inflow is on a mission to equip ADHD people with the skills and support they need to reach their full potential. Through a dynamic, science-based program, members gain a better understanding of themselves, access coaching and practical tools, and learn strategies to manage their ADHD.

Why we’re excited:

Diagnosing ADHD can be a long and complicated process. We love Inflow because it creates immediate, affordable, and on-demand support for people living with ADHD while also relieving some of the pressure felt by the mental health system. We’re all for the safe, stigma-free and accepting community Inflow creates.

Founded by:

Founded date:

2020

Funding:

Seed US$ 2.3M

# Employees:

1-10

Location:

London, U.K

Mojo

Mojo is a sexual wellbeing app that helps men overcome psychological erection issues. Using clinically proven techniques, members can take control of what happens in their minds and bodies during sex - helping them get an erection, keep an erection, and live their intimate lives to the fullest.

Why we’re excited:

Even though 50% of men in their 30s have erectile issues, stigma means that most feel too ashamed to ask for help. We’re excited about Mojo’s ambition to normalise erectile issues with real faces, real stories, and a community of real men.

Founded by:

Founded date:

2029

Funding:

Seed US$ 3.3M

# Employees:

11-50

Location:

London, U.K

Baseimmune

Baseimmune is a discovery stage biotech startup creating the next generation of vaccines. Using antigen-discovery technology Baseimmune aims to design mutation-proof antigens for universal vaccines.

Why we’re excited:

Existing vaccines struggle to protect us against new disease variants but Baseimmune uses technology to predict future disease mutations. We love any company that 1) looks ahead and prepares for the future 2) aims to protect us against current and future mutations or variants. This is especially important after the trauma of the Covid-19 pandemic.

Founded by:

Founded date:

2019

Funding:

Seed £4.2M

# Employees:

11-50

Location:

London, U.K

Cyted

Cyted is focused on providing digital diagnostic infrastructure to revolutionise the early detection of cancer. Using artificial intelligence and biomarkers, Cyted helps clinicians increase their understanding of the disease and improve patient outcomes.

Why we’re excited:

Every two minutes someone in the UK is diagnosed with cancer. We’re all for Cyted's mission to build a world where cancer is diagnosed earlier and faster. Especially when cancer that's diagnosed at an early stage (when it isn't too large and hasn't spread) is more likely to be treated successfully.