NEW YORK, August 13, 2020 — CB Insights today named Protenus to its second annual Digital Health 150 ranking, which showcases the 150 most promising private digital health companies in the world.
The 2020 Digital Health 150 cohort highlights startups that are reimagining the lines of the traditional healthcare experience across 12 categories, from Virtual Care Delivery and Clinical Trials, to Drug Discovery and Specialty Care. Countries represented this year include Canada, China, Israel, France, the United Kingdom, and the United States, among others.
“This year’s Digital Health 150 is our most global ever, covering the best private healthcare companies from 17 countries. Beyond geographic diversity, these companies are innovating across the entire healthcare value chain, spanning technologies that benefit pharma & biotech companies, to payers, hospitals, insurers, and more,” said CB Insights CEO Anand Sanwal. “Last year’s Digital Health 150 winners saw numerous exits and went on to raise nearly $5 billion in investor financing after being recognized. We look forward to seeing the success of this year’s class of the best in digital health.”
“We are seeing the adoption of compliance analytics and artificial intelligence to reduce the $39B spent to ensure compliance every year across the healthcare industry,” said Nick Culbertson, Protenus CEO. “This advanced technology reviews 100% of events taking place within the organization, reducing the manual tasks and audits that burden healthcare compliance teams and surfacing alerts to their attention for potential violations. It reduces risk across the entire institution while saving valuable time and resources. We are looking forward to the continued adoption of this technology throughout 2020.”
Through an evidence-based approach, the CB Insights research team selected the Digital Health 150 from hundreds of applications based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
This year, Protenus was named the 2020 KLAS Category Leader in Patient Privacy Monitoring and one of Forbes’ Best Startup Employers in 2020. Protenus was also named one of The Best Places to Work in Healthcare by Modern Healthcare for three consecutive years and in 2019, was named one of the Best Places to Work in Baltimore by the Baltimore Business Journal and the Baltimore Sun. Protenus CEO and Co-Founder, Nick Culbertson, was also named one of Baltimore Business Journal’s 40 under 40 and a finalist for EY’s Entrepreneur of the Year award.
Quick facts on the 2020 Digital Health 150:
- The 2020 Digital Health 150 startups have raised over $20B in funding across 600+ deals from 900+ unique investors.
- The list includes 12 unicorns (companies that have reached a valuation of $1B+) focused on a diverse range of digital health solutions, including telehealth, insurance, and robotic surgical systems.
- Many have formed partnerships with key industry players like the American Heart Association, Cigna, and Mount Sinai Health System.
The Digital Health 150 Companies (in alphabetical order):
Akili Interactive Labs
Doctor On Demand
Hims & Hers
Medbanks Network Technology
Medically Home Group
Tencent Trusted Doctors
Thrive Earlier Detection
Zebra Medical Vision
The Protenus healthcare compliance analytics platform uses artificial intelligence to audit every access to patient records for the nation’s leading health systems. Providing healthcare leaders full insight into how health data is being used, and alerting privacy, security and compliance teams to inappropriate activity. Protenus helps our partner hospitals make decisions about how to better protect their data, their patients, and their institutions. This year, Protenus was named the 2020 KLAS Category Leader in Patient Privacy Monitoring and one of Forbes’ Best Startup Employers in 2020. In 2019, Protenus was named one of The Best Places to Work in Healthcare by Modern Healthcare and one of the Best Places to Work in Baltimore by the Baltimore Business Journal and the Baltimore Sun. Learn more at Protenus.com and follow us on Twitter @Protenus.
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