• Terry Cornick

Top 20: Healthtech Capital Raises in Australia

#healthtech #vc #venturecapital #healthcare #medtech


You may have the greatest idea on the planet for a healthtech product or service, but without sufficient funding, by the right people at the right time in the right hands, you can kiss those pipedreams goodbye.


Below are some of the biggest healthtech funding raises in the last five years (these are one-off raises, or one “round” of funding, not a cumulative total of funds raised since inception):



  1. MedicalDirector - $155 million (2016) - Led by Affinity Capital

  2. Genie - $50 million (2017) - Led by IMF Investors

  3. Harrison.ai - $29 million (2019) - Led by Blackbird Ventures

  4. HealthEngine - $26.7 million (2017) - Led by Sequoia India

  5. Vaxxas - $25 million (2015) - Led by OneVentures

  6. MedAdvisor - $17 million (2019) - Led by HMS

  7. Mable - $15 million (2020) - Led by Ellerston Capital

  8. HealthEngine - $10.4 million (2013) - Led by Telstra / Seven West Media

  9. Prospection - $10 million (2020) - Led by Main Sequence Ventures’ CSIRO Innovation Fund and Horizons Ventures

  10. Global Kinetics Corporation - $8 million (2018) - Biomedical Translation Fund (BTM)

  11. CliniCloud - $7.5 million (2015) - Led by Tencent and Ping An Ventures

  12. 1st Available - $6.35 million (2016) - Led by Anthony Tony Gandel

  13. HealthMatch - $6 million (2019) - Led by Square Peg and Tempus Partners

  14. HotDoc - $5 million (2018) - Led by Right Click Capital

  15. Five Good Friends - $5 million (2018) - Led by Various

  16. Presagen (Life Whisperer) - $4.5 million (2019) - Led by Felicis Ventures

  17. Five Good Friends - $4 million (2016) - Led by Various

  18. Tyde - $3 million (2018) - Led by Dean McEvoy

  19. Medius Health - $3 million (2019) - Led by Carthona Capital

  20. Loop+ - $3 million (2018) - Led by Yamaha Motor Ventures & Labatory

  21. DoseMe - $2.6 million (2016) - Led by Greg Spurgin and Gary Cunningham

  22. HotDoc - $2.2 million (2015) - Led by AirTree Ventures

  23. Lumary - $2 million (2019) - Led by EVP

  24. CancerAid - $1.25 million (2016) - Led by Clinton Capital Partners


Did we miss any? Email terry@doctology.com.au with your suggestions.



*Article was updated in May 2020 with a couple of new editions*


Sign up for our no-nonsense Doctology Download newsletter at the bottom of this page.

© 2020 Doctology

Created by Terry Cornick