Kyruus recognized for achievements in provider search and scheduling for health systems
New York, NY, October 2, 2019 -- CB Insights today named Kyruus to the inaugural Digital Health 150 ranking, showcasing the 150 most promising private digital health companies in the world. CB Insights CEO Anand Sanwal revealed the final Digital Health 150 during Future of Health, a gathering of top executives across some of the largest healthcare institutions, startups, and investment firms.
“From pharmaceuticals to patient care, technology is rapidly changing healthcare, and The Digital Health 150 showcases the 150 best startups spearheading innovation and change in the sector,” said CB Insights CEO Anand Sanwal. “It's a privilege to use CB Insights' data to identify and shine a light on these companies, and we look forward to tracking their success in 2019 and beyond."
The Digital Health 150 companies span the globe, from Canada, China, Germany, Israel, the United States, and the United Kingdom, and are supported by more than 850 investors.
“It’s an honor to be recognized by CB Insights alongside so many other great companies,” said Graham Gardner, CEO and Co-Founder of Kyruus. “At Kyruus, we focus on helping health systems transform how patients access care and we’re fortunate to work with some of the industry’s foremost thought leaders in this area. We share this recognition with our customers, investors, and partners who have all played instrumental roles in helping us improve care coordination for patients around the country.”
Through an evidence-based approach, the CB Insights research team selected the Digital Health 150 from hundreds of applications based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
Founded in 2010, Kyruus now serves more than 225,000 providers across more than 500 hospitals in the United States. Its industry-leading provider search and scheduling platform helps health systems match patients with the right providers for their unique needs across their networks. The only enterprise-wide patient access solution on the market, the Kyruus ProviderMatch® platform integrates with leading EHRs to enable a consistent and action-oriented experience across key points of access. Amid rising market demand for digital patient access solutions, Kyruus has doubled its annual revenue the last three consecutive years.
Quick facts on the 2019 Digital Health 150:
- In 2018, these emerging private companies cumulatively raised $5.7B across 117 deals. They're on track to surpass these numbers in 2019, with $3B raised across 73 deals as of Q2'19.
- A total of 17 companies have reached a unicorn valuation of $1B or more. GRAIL, Oscar Health, and We Doctor round out the top three most funded companies on the list.
- 116 of the Digital Health 150 are headquartered in the United States. Those based outside the United States include 17 from Asia, 16 from Europe, and 1 from Canada.
- Over 850 unique investors have funded the Digital Health 150, with F-Prime Capital, New Enterprise Associates, and Google Ventures taking the top three spots as the most active investors.