See the presentations that hot healthcare and biotech startups used to raise millions from top VCs

Arel and Florian_Cedar
Cedar’s president Arel Lidow and CEO Dr. Florian Otto.

  • Startups have raised billions on the promise of disrupting healthcare.
  • To win over investors, startups often present their businesses through a slide deck.
  • Here are the presentations obtained by Insider that healthcare startups have used to raise millions.
  • See more stories on Insider’s business page.

In the past few years, investors have bet billions on healthcare startups looking to disrupt the industry.

In 2020 alone, healthcare startups raised $17 billion, according to Silicon Valley Bank.

Winning over investors can be a long process, and it often involves a slide deck that lays out what the startup does, and where the company is heading.

Insider rounded up all the presentations we’ve published that healthcare startups have used to raise cash from investors.

Early on, startups sell investors on often newly-tested ideas

When startup founders pitch investors ahead of a seed or Series A round, they haven’t gotten far off the ground.

Presentations can be helpful at laying out the approach that startup is taking, or plans to take.

For instance, 100plus raised $25 million in seed funding from investors including two billionaires and Dr. Oz for its approach to remote patient monitoring.

And The Public Health Company raised $8 million from Verily and Venrock with this presentation laying out a new approach to fighting disease outbreaks.

Others can use the presentations to share their new approaches, like Vori, which raised $45 million for a former neurosurgeon’s approach to solving Americans’ back pain.

They can also show how a startup might stand out in a competitive field. Brightside used this presentation to break through a crowded field of mental health startups and convince VCs to invest $24 million.

You can see more presentations below.

Read more:

We got a look at the slide deck of Bind, a startup that’s raised $70 million to upend the way we pay for healthcare

We got an exclusive look at the presentation two ex-Aetna execs used to raise $40 million for a new healthcare AI startup

A San Francisco startup helps hospitals recruit nurses through automation. Here’s the pitch deck it used to raise $15 million.

See the presentation a serial entrepreneur used to raise $20 million from Bessemer and Founders Fund for his solution for Americans living with chronic pain

See the presentation microbiome startup Seed Health used to raise $40 million

By Series B, startups are looking for a chance to grow big

By their Series B rounds, startups are raising higher sums at higher valuations. They’re often still early into their existence and are looking for ways to get big.

For instance, Devoted Health raised $300 million at a $1.8 billion valuation in 2018 before it had signed on any customers.

Swift Medical, an imaging startup for wound care, used this presentation to raise $35 million in its Series B. The funding could help the startup expand into more areas of wound care.

Read more:

We got an exclusive look at the presentation BrightInsight used to convince investors to bet $40 million that it can help pharma giants go digital

We got a look at the pitch decks that buzzy $40 million startup HealthJoy used to snag early investors and then execute a huge strategic shift

Alphabet’s VC arm just sank $140 million into a startup that wants to unseat dialysis giants like DaVita. We got the pitch deck that convinced CapitalG to back Strive Health.

Late-stage rounds can give startups the fuel to scale or gear up for a public debut

The presentations used to secure later rounds of funding can be used to show investors how far the startup’s come, and what’s ahead.

Often, the investors start to look different as well, and startups can find themselves pitching asset managers or industry incumbents, like health insurers.

For instance, Tiger Global and health insurer Humana backed at-home healthcare startup Dispatch Health in its Series D, while insurer Centene joined in on Hazel Health’s Series C.

Centene was also a backer of Vida Health. The upstart shared the presentation that helped it raise $110 million toward a new vision for the hardest kind of healthcare.

And Cedar used its Series C presentation to lay out the businesses it plans to tackle next.

The presentations at this stage can help land startups like Aledade high valuations, which raised $100 million in a round that valued the company at $2.1 billion.

The funding rounds, such as Moderna’s pitch to investors in 2017, can come shortly before plans to go public. Moderna made its public debut in 2018.

Read more:

We got an exclusive look at the presentation telehealth startup Hazel used to raise $33.5 million and convince a major health insurer to bet on upending the way kids get healthcare

This pitch deck helped telehealth startup Heal raise $100 million and win a major partnership with healthcare giant Humana. Here’s how the deal came to be.

See the 39-slide presentation that Moderna used to win over investors on its way to becoming the hottest company in biotech

Read the original article on Business Insider