DiscoverFeatured Lists5 Startups Helping Reshape the Healthcare Industry in 2023

5 Startups Helping Reshape the Healthcare Industry in 2023

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Emmeline Vu
Marketing Lead @ Wellfound (formerly AngelList Talent)View Emmeline Vu's profile on Wellfound

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Access to affordable and effective healthcare is a necessity for living a long and healthy life, but unfortunately for many people this is easier said than done. Nearly 40% of adults in America face medical debt and around 70% have reported putting off a doctor’s appointment or medical procedure because of the cost. Add on growing labor shortages in the field, and it isn’t hard to see why so many people are looking outside of traditional healthcare sources for treatment.

That’s because many startups are working to create a brighter future for the healthcare industry, where people are in control of their health and can have their needs met for a reasonable price. Many companies leverage digital platforms, AI, and other technologies to achieve these goals.

SWORD Health is a digital physical therapy platform that helps guide patients through rehabilitation with sensor technology to deliver real-time feedback and ensure that they aren’t doing more harm than good with poor form. In addition to sensors they make a number of wearables tailored to help improve people’s physical health and alleviate pain. In late 2021, they reported reaching a $2B valuation.

New York-based Ro is a healthcare company dedicated to putting patients in control of their healthcare. With Ro, customers can talk to licensed providers 24/7, have medication ordered and delivered, collect samples for medical tests, and more all from the comfort of home. Early last year, funding rounds brought Ro’s valuation to $7B.

Ribbon Health is a predictive analytics and data platform for the healthcare industry based out of New York City. Their API provides patients with comprehensive data on doctors, healthcare plans, cost, and more to empower more informed decision making.

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Security in the Skies: 5 High Altitude Balloon and Satellite Startups Hiring Now

Nearly nine decades after the Hindenburg disaster, some speculate we’re entering the Second Age of the Balloon. “As all these objects fall, a new space race is rising,” Vox (https://www.vox.com/world/2023/2/7/23588464/suspect-spy-china-balloon-sputnik-moment-space-race) proclaimed. Tens of thousands of balloons float into near-space every year, and the numbers rise every year. The National Weather Service alone launches around 60k high-flying balloons each year. The Pentagon spent nearly $4B over the past two years on its own high altitude balloons, according to Politico (https://www.politico.com/news/2022/07/05/u-s-militarys-newest-weapon-against-china-and-russia-hot-air-00043860). Why the interest in such old-school tech? “They’re cheap, easy to transport, can be fielded in large numbers and are payload agnostic,” industry expert George Howell wrote. Tucson, Arizona-based World View (https://spacenews.com/world-view-emphasizes-remote-sensing-as-it-prepares-to-go-public/), a stratospheric ballooning company, last month announced plans to go public via SPAC merger. The company develops a “stratollite” that provides high-res imagery for extended periods. (The company also offer space tourism.) Colorado-based Urban Sky (/company/urban-sky) is creating what it claims as the first ever reusable stratospheric balloon. Called “micro-balloons,” they’re the size of a VW bus and can hover in near space to collect data over urban areas. Company founder Jared Leidich (https://www.smithsonianmag.com/air-space-magazine/04_fm2017-alan-eustaces-jump-1-180961678/) has some chops in this arena, having designed the space suit used in the world record space dive in 2014 via a balloon at nearly 136k feet. Near Space Labs (/company/nearspacelabs) invites people to “step inside a new way of thinking about all things geospatial imaging (https://nearspacelabs.com/blog/).” The company's high-altitude balloons that carry a small, autonomous robot called Swifty to capture the world around them at 60k to 85k feet in the air. The company says it’s done zero carbon emissions and recently launched (https://www.zdnet.com/article/near-space-labs-provide-free-high-resolution-imagery-to-universities-nonprofits/) a program to make its high-resolution Earth imagery available to universities and nonprofits for free. Sounds fascinating, right? Luckily, with a new wave of space technology, comes a brand new, cutting-edge wave of jobs. Check out 5 top startups aiming skywards and hiring now.

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