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Investment Report Details Record Year for Medical Alley Startups

Written by Alex Skjong | Jan 27, 2021 2:39:30 PM

What to know about the Medical Alley Startup Investment Report from:

  • Medical Alley startups raised a record $1.4 billion in 2020, $4 million more than 2019
  • The total was dominated by Bright Health — the health insurance company clocked in at $500 million (the fourth-highest healthcare raise in the country)
    • Preventice Solutions, a company specializing in mobile health solutions, secured the second highest amount raised with $137 million
    • Bind, another health insurance company, raised $105 million to come in third
  • 12 Medical Alley startups were acquired in 2020

There’s more data in the full report. You can also learn more about Bright Health and Bind.

Medical Alley Association