Courtesy One Medical
One Medical doctors at a gathering at the company's San Francisco headquarters. One Medical raised $350 million in 2018, earning it a $1.5 billion valuation.
- Consumer genetics company 23andMe and insurance startup Devoted Health were among the healthcare companies that raked in hundreds of millions of dollars in 2018.
- All-in, healthcare startups managed to raise more than $28.7 billion over the course of the year, according to PitchBook.
- Here are the billion-dollar healthcare companies to keep on your radar in 2019.
For private healthcare and biotech companies 2018 has been a great year to raise capital.
From 23andMe's massive $300 million infusion from a pharma giant to Devoted Health's $300 million raise as it prepares to get into the Medicare Advantage business, all-in companies have raised more than $28.7 billion through the first 11 months of 2018, according to PitchBook.
That catapulted a number of companies into unicorn territory, with private valuations topping $1 billion. According to data from PitchBook, here were the top-valued healthcare companies of 2018.
They're worth keeping an eye on in 2019.
