Online pharmacy Capsule and mental health benefits provider Lyra Health are among the 25 fastest-growing startups most likely to reach $1 billion in valuation, according to Forbes.
For its sixth annual Next Billion-Dollar Startups 2020 list, Forbes partnered with asset investment firm TrueBridge Capital to analyze venture-backed startups in the U.S. TrueBridge asked 300 capital firms to nominate companies, while Forbes reached out to more than 100 startups. The magazine then listed the 25 fastest-growing startups.
Below are five from the healthcare industry:
- Benchling. The company makes biotech research and development software used by Genentech, Gilead and Regeneron.
- Capsule. The company offers pharmacy services by text or app, with free delivery within a two-hour window.
- Lyra Health. The company helps employers offer mental health benefits to their employees.
- Trusted Health. The startup helps match nurses with hospitals that need them.
- Weave. The startup produces software that helps dentists schedule appointments via text. Now, optometrists, veterinarians and other healthcare professionals use the service.
Access the full list here.