How We Chose
We tracked funding announcements, company-reported growth figures, and product launches from healthcare startups between September 22 and October 27, 2026, using company announcements and news coverage. We kept companies that fit HIR's size rule and left out household names. Entries are in alphabetical order.
Hottest Healthcare Startups (November 2026)
| # | Name | Company | Why now |
|---|
| 1 | Abby Care | Paid family caregiving | $82M Series C led by Transformation Capital |
| 2 | AblePay Health | Patient financing | $20M Series A led by F-Prime, Oct 7 |
| 3 | Allara Health | Virtual women's health | $30M round, total funding $75M |
| 4 | Allswell | LGBTQ+ virtual therapy | $7M seed led by Rethink Impact, Oct 14 |
| 5 | General Medicine | Online healthcare store | $120M Series B led by a16z, Oct 6 |
| 6 | Kivo Health | Virtual pulmonary rehab | $10M Series A led by Allumia Ventures, Oct 27 |
| 7 | Tenovi | Remote monitoring hardware | $20M Series B led by Black Granite Capital |
| 8 | Tiny Health | At-home microbiome testing | $33M Series B led by B Capital, Sep 29 |
$82MSeries C led by Transformation Capital
1. Abby Care
Paid family caregiving
- Company
- Abby Care
- Why now
- Announced an $82 million Series C in October 2026.
Founded by Havi Nguyen, Abby Care trains and certifies family members to care for relatives on Medicaid, employs them as caregivers, and assigns a nurse to write each care plan. A Forbes profile reported $15 million in revenue in 2025 and a $225 million valuation in the previous round, and the company says its patient census grew more than five times since its Series B in the third quarter of 2024, according to its Series C announcement.
Why now
CVS Health Ventures, Frist Cressey Ventures, and Pivotal Ventures joined Khosla Ventures, Thrive Capital, and Sequoia Capital in the round, a sign that health plan investors see family caregiving as a way to keep Medicaid members at home. The caveat is policy: Forbes reported that some states have proposed lower pay for family caregivers as federal Medicaid cuts approach, and Abby Care's revenue depends on Medicaid programs.
Abby Care reviewHavi Nguyen profileMike Dixon profile
$20MSeries A led by F-Prime
2. AblePay Health
Patient financing
- Company
- AblePay Health
- Why now
- Announced a $20 million Series A on October 7, 2026.
John Fistner founded AblePay in 2016. It pays providers for patients' out-of-pocket balances and gives enrolled patients ways to pay over time, with help from an advocacy team. Its announcement cited Centers for Medicare & Medicaid Services figures showing Americans paid $591 billion out of pocket for care in 2025, up 6% from the year before.
Why now
F-Prime led the round with A1 Health Ventures and .406 Ventures, and F-Prime principal Nikhil Marathe called the model differentiated for providers and patients alike. AblePay is ten years old and does not publish patient or provider counts, so its scale is hard to judge from outside.
AblePay Health reviewNikhil Marathe profile
120,000+Women cared for, per Allara
3. Allara Health
Virtual women's health care
- Company
- Allara Health
- Why now
- Announced $30 million in new funding on October 13, 2026.
Rachel Blank founded Allara in 2020 to treat hormonal, metabolic, and reproductive conditions such as polycystic ovary syndrome with clinicians and registered dietitians, billed to insurance. The new money brings total funding to $75 million, according to the company and Axios.
Why now
Index Ventures and GV invested again, and Camino Partners, Foreground Capital, and Family Fund joined. Allara plans to put the money into AI tools for its care teams, enterprise and provider partnerships, and women's health research. It did not disclose a series name or valuation, and its outcome figures come from its own patient data.
Allara Health reviewRachel Blank profile
$7MSeed round led by Rethink Impact
4. Allswell
LGBTQ+ virtual therapy
- Company
- Allswell
- Why now
- Announced a $7 million seed round on October 14, 2026.
Dawn Androphy and Connor Gordon founded Allswell in 2024 out of Stanford's Graduate School of Business. It matches LGBTQ+ adults with affirming therapists and takes Medicaid and commercial insurance. It reports more than 1,500 billable sessions a month, according to its announcement.
Why now
Rethink Impact managing partner Heidi Patel led the round, which brings total funding to $8.3 million. Allswell is the smallest company on this list: based on its session count and its posted cash rate of $125 a session, its annual revenue is an estimated $2 million or less. Its outcome figures are self-reported.
Allswell reviewHeidi Patel profile
$120MSeries B led by Andreessen Horowitz
5. General Medicine
Online healthcare store
- Company
- General Medicine
- Why now
- Announced a $120 million Series B on October 6, 2026.
TJ Parker, Elliot Cohen, and Ashwin Muralidharan, the team behind the online pharmacy PillPack, founded General Medicine in 2023. It launched nationwide in May 2025 and sells more than 2,900 medications, labs, visits, and specialist e-consults with prices shown before purchase, according to its company page.
Why now
Andreessen Horowitz general partner Vineeta Agarwala led the round, which brought total funding to $152 million, with Eli Lilly and Company and Mercy Health among the investors, according to the announcement. General Medicine does not disclose revenue or customer counts.
General Medicine reviewVineeta Agarwala profile
$8,245Estimated yearly savings per member, from a Kivo-funded analysis
6. Kivo Health
Virtual pulmonary rehab
- Company
- Kivo Health
- Why now
- Announced a $10 million Series A on October 27, 2026.
Victor Sadauskas, a former Kaiser Permanente emergency physician, founded Kivo in Seattle in 2023 with Vaughn Koch. It runs live, therapist-led video rehab classes for people with lung disease such as COPD and is covered by Medicare, Medicaid, and major insurers. It has about 50 employees and more than $16 million in total funding, according to GeekWire.
Why now
Allumia Ventures led the round, with Corewell Health Ventures and MassMutual Ventures, and Kivo told GeekWire the money will build an AI health coach to work alongside its clinicians. The savings figure comes from an analysis Kivo paid for.
Kivo Health review
319,000Patients served, per Tenovi
7. Tenovi
Remote patient monitoring hardware
- Company
- Tenovi
- Why now
- Announced a $20 million Series B on October 20, 2026.
Nizan Friedman and Daniel Zondervan founded Tenovi in 2020. It supplies more than 60 connected devices, a cellular hub, fulfillment, and one data feed to care teams running remote monitoring programs, and reports more than 400 partners and more than 500,000 devices deployed, according to its announcement.
Why now
Black Granite Capital led the round, which closed October 16 and is nearly five times the $4.2 million Series A Tenovi raised in 2023. Tenovi sells through care organizations, so its growth depends on how many of them keep running monitoring programs.
Tenovi reviewNizan Friedman profile
~200,000Customers served, per Tiny Health
8. Tiny Health
At-home microbiome testing
- Company
- Tiny Health
- Why now
- Announced a $33 million Series B on September 29, 2026.
Cheryl Sew Hoy founded Tiny Health in Austin in 2020. It sells gut and vaginal microbiome tests for babies, children, and adults, starting at $249, and works with more than 6,000 practitioners. Sew Hoy told Crunchbase News that revenue has more than doubled each year.
Why now
B Capital led the round, bringing total funding to $46 million, and $5 million is set aside for research, according to Sew Hoy's letter. The tests are wellness products that insurance does not cover, which limits how many families will pay for them.
Tiny Health reviewCheryl Sew Hoy profile
What to Watch Next Month
- Medicaid caregiver pay. Several states are weighing family caregiver pay rates as federal Medicaid cuts approach, which will shape Abby Care's next year.
- Allswell's medication management. Allswell plans to add psychiatric medication management next year, which would move it beyond talk therapy.
- Kivo's AI coach. Kivo is putting part of its Series A into an AI health coach for its pulmonary rehab members.
The Hottest Healthcare Startups list is updated monthly. This is the first edition. Past editions will be linked here, and every HIR list and report is in our research library.
