16 health tech startups that became ‘unicorns’ in ‘​25

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2025 marked the return of the “unicorn” in healthcare.

Sixteen U.S.-based health tech startups surpassed $1 billion in valuation last year, more than double the number in 2024. It reflected the continued concentration of venture capital funding in digital health, largely focused on AI-powered companies.

Here are the healthcare-specific startups that became unicorns in 2025 (in alphabetical order, along with their specialties):

— Abridge: AI scribes

— Ambience Healthcare: AI scribes

— Chapter: Medicare guidance

— Curative: Payer

— Enveda: AI-powered drug discovery

— Function: Lab testing

— Hippocratic AI: Healthcare large language models

— Judi Health: Medical claims administration

— NewLimit: Longevity-focused biotech

— Nourish: Dietary telehealth

— OpenEvidence: Clinical decision support

— Pathos: AI-powered drug development

— Strive Health: Value-based kidney care

— Tala Health: Agentic AI

— Thyme Care: Oncology navigation

— Truveta: EHR data analytics

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