After putting out The Periodic Table of Tech, we received a lot of requests to help make sense of the best players in the life sciences / healthcare ecosystem.
So today, we’re happy to introduce the The Periodic Table of Healthcare – a resource to understand the key players in the universe of healthcare investors and acquirers. The firms on the list were drawn from analysis using CB Insights data around investor quality, activity, and network strength (Investor Mosaic). We, of course, used some of our prior analyses on healthcare-focused angel groups and venture capitalists. Note: Healthcare includes pharma, biotech, medical devices, drug discovery, drug development, etc but does not include health IT or digital health companies.
See below for the table (click to expand)
We expect that this list of 105 will change over time as new entrants emerge and gain prominence and others falter and get removed. If you believe someone should be added, please leave a comment with your rationale.
Navigating the Periodic Table
The table focuses on seven different investor types as follows (from left to right). They were selected based on a combination of factors including historical exits, network strength, reputation/brand prominence and deal activity. Many of these criteria are considered as part of our Investor Mosaic scoring algorithms.
Venture capital firms
Venture capital firms included make venture equity investments across the stage spectrum and geographies focusing on high-growth opportunities in healthcare and have received significant LP commitments to date ($200M to well over $1B+).
Related research: Healthcare’s Top Venture Capital Firms
Corporate VCs and investors which have made a high volume of investments in the healthcare sector
Growth and late-stage investment firms focus on growth-stage companies with established revenue typically in the tens of millions and/or a record of significant traction.
Micro VC firms
Healthcare micro VCs are those with funds ≤$100M and that largely invest at the early-stage (seed/Series A).
Angel investment groups
Angel groups often bridge the gap between angel investment and institutional VC, providing either a managed fund or direct investment from angel group members.
Related research: Ranking Angel Investment Groups
Accelerators/venture studios/holding companies
Accelerators and startup venture studios typically offer some combination of equity investment, mentorship and resources around company development. We’ve previously taken deep dives into the investment activity of Y Combinator who may be an unexpected name on this but who’ve become more active in the healthcare space.
Public and private corporations acquiring private healthcare companies for business growth, sales expansion, new technologies and/or talent. Acquirers selected were based on M&A activity of healthcare companies as well as M&A momentum based on deal pace.
Again, if you believe someone should be added, please leave a comment below with your rationale.
Want to track the activity of these 105 key players of the healthcare ecosystem? Check out the CB Insights Venture Capital Database. Sign up free below.
This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
- Earnings Transcripts Search Engine & Analytics to get an information edge on competitors’ and incumbents’ strategies
- Patent Analytics to see where innovation is happening next
- Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm
- Business Relationships to quickly see a company’s competitors, partners, and more
- Market Sizing Tools to visualize market growth and spot the next big opportunity