Aperture Regions › United States › Healthcare & Life Sciences
US Healthcare & Life Sciences startup funding
US Healthcare & Life Sciences startups raised $10.4B across 257 funding rounds at 250 companies in the 12 months to Nov 14, 2026, against $11.4B across 331 rounds in the 12 months before (-9% in capital, -22% in rounds).
Companies headquartered in the United States, all funding stages, by announcement date. Data as of Nov 15, 2026; the last 12 months run Nov 15, 2025 – Nov 14, 2026. Capital counts disclosed amounts only (237 of 257 rounds in the last 12 months).
How much did US Healthcare & Life Sciences startups raise in the last 12 months?
| Last 12 months | 12 months before | Change | |
|---|---|---|---|
| Capital raised (disclosed) | $10.4B | $11.4B | -9% |
| Rounds | 257 | 331 | -22% |
| Companies funded | 250 | 311 | -20% |
How much have US Healthcare & Life Sciences startups raised in 2026?
In 2026 through Nov 14, 2026, US Healthcare & Life Sciences startups raised $9.2B across 219 rounds, against $10.6B across 314 rounds in the same period of 2025.
Which US Healthcare & Life Sciences startups raised the most?
Chai Discovery raised the most in the last 12 months, 5% of the capital; the three largest companies together took 14%.
| Company | City | Capital raised | Rounds | Latest round |
|---|---|---|---|---|
| Chai Discovery | San Francisco | $530M | 2 | Series C · Jul 2026 |
| OpenEvidence | Miami | $500M | 2 | Stage not stated · Sep 2026 |
| NewLimit | South San Francisco | $435M | 1 | Series C · Jun 2026 |
| Abridge | Pittsburgh | $316M | 1 | Series E · Jun 2026 |
| Enveda | Boulder | $311M | 1 | Series E · Sep 2026 |
| Verily | Dallas | $300M | 1 | Stage not stated · Mar 2026 |
| Function Health | Austin | $298M | 1 | Series B · Nov 2025 |
| Merge Labs | — | $252M | 1 | Seed · Jan 2026 |
| Precision Neuroscience | New York | $250M | 1 | Series D · Sep 2026 |
| Mirador Therapeutics | San Diego | $250M | 1 | Series B · Jan 2026 |
Which Healthcare & Life Sciences sub-sectors are growing in the US?
Drug discovery & protein design added the most companies: 30 raised in the 12 months before and 35 in the last 12 months.
| Sub-sector | Companies funded (year before → last 12 months) | Rounds | Capital raised |
|---|---|---|---|
| Care delivery & patient engagement | 67 → 61 | 62 | $2.1B |
| Revenue cycle & healthcare admin | 67 → 55 | 58 | $1.6B |
| Drug discovery & protein design | 30 → 35 | 36 | $2.8B |
| Clinical trials & research operations | 13 → 18 | 18 | $559M |
| Clinical decision support | 15 → 12 | 13 | $680M |
| Medical imaging & diagnostics | 30 → 11 | 11 | $523M |
| Consumer health & wellness | 12 → 11 | 12 | $126M |
| Life-science research tools | 4 → 9 | 9 | $130M |
| Precision medicine & genomics | 12 → 8 | 8 | $615M |
| Health data & AI platforms | 14 → 8 | 8 | $95M |
| Clinical documentation | 16 → 7 | 7 | $471M |
| Pharma commercial & medical affairs | 3 → 5 | 5 | $170M |
| Brain-computer interfaces & neurotech | 7 → 4 | 4 | $563M |
| Medical robotics & devices | 7 → 2 | 2 | $16M |
| Quality, regulatory & safety | 5 → 2 | 2 | $7M |
1 companies are not yet tagged with a sub-sector (Other / unclear).
How large is a typical US Healthcare & Life Sciences round?
In the last 12 months, the median disclosed Seed round was $5.8M, Series A round was $20M, Series B round was $44M.
| Stage | Rounds | With a disclosed amount | Median disclosed round |
|---|---|---|---|
| Pre-Seed | 15 | 15 | $2.1M |
| Seed | 79 | 68 | $5.8M |
| Series A | 83 | 80 | $20M |
| Series B | 37 | 34 | $44M |
| Series C | 12 | 12 | $90M |
| Series D | 6 | 6 | — |
| Series E | 6 | 6 | — |
| Series F+ | 1 | 1 | — |
| Growth | 4 | 3 | — |
| Stage not stated | 14 | 12 | $32M |
Medians are shown where at least 10 amounts are disclosed.
US Healthcare & Life Sciences funding by quarter
| Quarter | Rounds | Capital raised |
|---|---|---|
| 2025 Q1 | 53 | $3.1B |
| 2025 Q2 | 85 | $3.1B |
| 2025 Q3 | 94 | $2.4B |
| 2025 Q4 | 120 | $3.1B |
| 2026 Q1 | 71 | $3.4B |
| 2026 Q2 | 71 | $2.3B |
| 2026 Q3 | 52 | $2.5B |
| 2026 Q4 (to date) | 25 | $1B |
Other US sectors: AI Models & Research · AI Infrastructure · Robotics & Physical AI · Industry AI · Defense & Public Safety AI · AI Hardware & Chips · Fintech AI · Enterprise & Vertical AI · AI Agents · AI Developer Tools · Cybersecurity AI · Consumer & Media AI.
Definitions are in the methodology. Report a missing or misreported deal from the link in the footer.