Sectors · Macro sector

Healthcare & Life Sciences

A macro view across 10 Healthcare & Life Sciences subsectors, aggregated from public sources.

$400.1B
Capital raised
15,264
Companies
32,790
Rounds
10
Subsectors

Cooling Healthcare & Life Sciences drew $13.4B over the last 12 months, down 47% versus the prior 12 ($25.3B).

Capital flow over time

Quarterly capital raised across all Healthcare & Life Sciences subsectors.

2008-Q1 · $707.6M2008-Q12008-Q2 · $531.0M2008-Q3 · $660.3M2008-Q4 · $392.6M2009-Q1 · $1.0B2009-Q2 · $2.6B2009-Q3 · $4.8B2009-Q4 · $7.4B2009-Q42010-Q1 · $2.7B2010-Q2 · $3.4B2010-Q3 · $4.0B2010-Q4 · $5.0B2011-Q1 · $2.8B2011-Q2 · $3.6B2011-Q3 · $5.0B2011-Q32011-Q4 · $3.1B2012-Q1 · $2.8B2012-Q2 · $2.6B2012-Q3 · $3.8B2012-Q4 · $3.3B2013-Q1 · $2.4B2013-Q2 · $2.9B2013-Q22013-Q3 · $3.3B2013-Q4 · $4.1B2014-Q1 · $4.0B2014-Q2 · $3.4B2014-Q3 · $4.3B2014-Q4 · $4.9B2015-Q1 · $4.4B2015-Q12015-Q2 · $5.9B2015-Q3 · $5.2B2015-Q4 · $5.2B2016-Q1 · $3.4B2016-Q2 · $7.5B2016-Q3 · $4.8B2016-Q4 · $5.7B2016-Q42017-Q1 · $5.0B2017-Q2 · $4.9B2017-Q3 · $5.6B2017-Q4 · $6.0B2018-Q1 · $6.1B2018-Q2 · $7.0B2018-Q3 · $7.0B2018-Q32018-Q4 · $6.0B2019-Q1 · $5.2B2019-Q2 · $7.5B2019-Q3 · $6.8B2019-Q4 · $6.1B2020-Q1 · $6.6B2020-Q2 · $6.7B2020-Q22020-Q3 · $10.8B2020-Q4 · $11.0B2021-Q1 · $14.8B2021-Q2 · $12.5B2021-Q3 · $13.2B2021-Q4 · $10.7B2022-Q1 · $6.9B2022-Q12022-Q2 · $8.0B2022-Q3 · $5.5B2022-Q4 · $7.3B2023-Q1 · $5.7B2023-Q2 · $6.1B2023-Q3 · $6.7B2023-Q4 · $7.1B2023-Q42024-Q1 · $8.8B2024-Q2 · $7.6B2024-Q3 · $6.7B2024-Q4 · $5.4B2025-Q1 · $6.0B2025-Q2 · $7.2B2025-Q3 · $4.5B2025-Q32025-Q4 · $6.1B2026-Q1 · $2.7B2026-Q2 · $131.6M2026-Q3 · $59.5M
Subsectors
SubsectorCompaniesRoundsCapital
Biotechnology4,29311,279$155.0B
Other Health Care5,37710,392$99.1B
Pharmaceuticals1,6134,110$60.1B
Healthtech2,1384,407$51.9B
Hospitals and Physicians599833$12.7B
Pharma310521$8.8B
Biotech / Pharma227476$5.7B
Biotech233199$3.7B
Medical Devices233573$3.2B
Healthcare2410—
Top-funded Healthcare & Life Sciences companies
CompanySubsectorRaisedModeled value
AbbVie Inc.
North Chicago
Pharmaceuticals$3.8B$138.2B
Amgen Inc
Thousand Oaks
Biotechnology$4.8B$106.1B
Perkinelmer Inc
WALTHAM
Biotech$2.2B$65.2B
Brown & Brown Helping Care, Inc.
LOS ANGELES
Healthtech$1.7B$40.4B
Sana Biotechnology, Inc.
SEATTLE
Biotechnology$866.9M$34.8B
National Resilience, Inc.
La Jolla
Biotechnology$755.0M$29.2B
Salix Pharmaceuticals Ltd
Raleigh
Pharmaceuticals$750.0M$27.3B
Theranos Inc
PALO ALTO
Biotechnology$627.2M$24.7B
Catalent, Inc.
Somerset
Pharmaceuticals$650.0M$23.6B
Osteon Holdings, Inc.
FORT WORTH
Pharma$617.0M$22.4B
Teladoc Health, Inc.
PURCHASE
Healthtech$1.1B$22.1B
Sage Therapeutics, Inc.
CAMBRIDGE
Pharmaceuticals$698.0M$20.7B
Akcea Therapeutics, Inc.
CAMBRIDGE
Pharmaceuticals$543.2M$19.7B
Moderna Therapeutics, Inc.
CAMBRIDGE
Biotechnology$451.4M$19.2B
Neumora Therapeutics, Inc.
Watertown
Biotechnology$474.4M$19.0B
Watson Pharmaceuticals Inc
CORONA
Pharmaceuticals$500.0M$18.2B
Lyell Immunopharma, Inc.
SOUTH SAN FRANCISCO
Pharmaceuticals$493.0M$17.9B
Allogene Therapeutics, Inc.
SOUTH SAN FRANCISCO
Biotechnology$411.8M$17.5B
Quantrx Biomedical Corp
DOYLESTOWN
Biotechnology$406.0M$17.2B
Amerisourcebergen Corp
CHESTERBROOK
Other Health Care$700.0M$16.6B
Sarepta Therapeutics, Inc.
CAMBRIDGE
Biotechnology$430.5M$16.5B
Bella Holding Company, LLC
WASHINGTON
Other Health Care$690.6M$16.4B
Moderna LLC
CAMBRIDGE
Pharmaceuticals$691.1M$16.2B
Compound Holdings I, LLC
CHICAGO
Pharmaceuticals$412.0M$15.0B
Other macro sectors
Software & IT$182.9BIndustrial & Manufacturing$151.6BEnergy & Environment$113.2BConsumer & Retail$96.3BFinance & Capital$83.5BMobility, Space & Transport$75.1BResources & Agriculture$33.1BPublic, Education & Work$11.3B

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Healthcare & Life Sciences sector raised?
Across its 10 subsectors, Healthcare & Life Sciences companies have raised approximately $400.1B over 32,790 recorded financing rounds among 15,264 companies.
Is Healthcare & Life Sciences venture funding growing?
Healthcare & Life Sciences funding is currently cooling: capital raised over the last 12 months ($13.4B) was down 47% versus the prior 12 months ($25.3B).
What subsectors make up Healthcare & Life Sciences?
Healthcare & Life Sciences spans Biotechnology, Other Health Care, Pharmaceuticals, Healthtech, Hospitals and Physicians, Pharma, Biotech / Pharma, Biotech and more. Each subsector has its own leaderboard and capital-flow timeline.
Which are the most-funded Healthcare & Life Sciences companies?
The most-funded Healthcare & Life Sciences companies in our coverage include AbbVie Inc., Amgen Inc, Perkinelmer Inc, Brown & Brown Helping Care, Inc., Sana Biotechnology, Inc..
Healthcare & Life Sciences venture funding — $400.1B raised · Provath