- Business Insider asked 13 top venture capital investors which startups they think will thrive despite the coronavirus pandemic, and why.
- We asked them to pick two companies, including one they’re not invested in.
- Their answers span from telehealth to virtual clinics to machine-learning-inspired heart scans.
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While the coronavirus pandemic has posed devastating business challenges to startups in retail, tech, real estate, and more, some healthcare companies have found themselves positioned to weather the outbreak and even thrive.
And at least in North America, health companies were raising more money than ever before the worst of the pandemic hit, according to an industry report by CB Insights. In the first three months of the year, they raised $10.3 billion, the most on record, driven in part by 25 “mega rounds,” or cash infusions surpassing $100 million, according to the report.
Some healthcare startups are well positioned to help as the novel coronavirus upends the way healthcare is provided in the US. Lockdowns have propelled telehealth companies to new heights and put mental health services front and center for employers. The pandemic is also boosting innovation in areas like how we deliver care, make drugs, and conduct research.
To shed more light on which companies are thriving and why, Business Insider interviewed 13 investors from venture capital firms such as Andreessen Horowitz, GV, and Greylock Partners. We asked them to name startups poised to take off, including ones they’re not invested in.
Here are their 26 picks, listed in order of disclosed funding to date.