SFBT: Health startups poised to make a splash
In 2017, The San Francisco Business Times profiled Zephyr Health in “The up-and-comers: Keep your eye on these 3 digital health startups“. Now, they have an update on how Zephyr Health continues to be a company to watch.
Investors poured record amounts of money into digital health startups in 2017. That’s according to a report by Rock Health, which also noted the Bay Area’s outsize presence in the digital health arena.
“California is still the main digital health hotbed, accounting for 41 percent of deals and overall funding in 2017,” the report said. “The Bay Area in particular drives this metric with more $2-million-plus digital health deals than the next five regions combined.”
The sheer number of digital health startups in the Bay Area can make it hard for any one to stand out. Last year, the Business Times outlined three to keep an eye on in 2017. We checked back with those companies and highlighted three more that could make a splash in 2018.
San Francisco-based Zephyr Health sells software that helps life sciences make more informed decisions by connecting generally large, disparate sets of data. In 2017, Zephyr Health entered into new partnerships, including one with Decision Resources Group, which have provided immediate gains, according to Zephyr Health. Zephyr Health’s machine learning technology drives the company. After doubling its revenue in 2016, it was able to do so again in 2017, with 125 percent growth.
To read the full article, visit the San Francisco Business Times website here.