Investors Back A Rush Of New AI-Focused Health Startups

From health insurance selection to drug discovery, there's a huge potential for artificial intelligence algorithms to solve problems in the healthcare industry. Startups, big corporations, and investors alike are tapping into these opportunities. We tracked first fundings to AI-focused healthcare startups to gauge the volume of emerging investor-backed entrants in this space, and how the pace of these fundings varied over time. According to CB Insights data, around 20 new AI-centered healthcare startups raised their first equity rounds in 2016 alone and 50 have raised first equity rounds since the start of 2015. Our analysis includes the first equity round with a disclosed amount raised by a startup, including seed/angel, Series A, convertible note, and unclassified equity rounds raised by stealth companies like Imagen Technologies.