PitchBook Q4 2025 Healthtech VC Trends

Healthtech venture funding staged a strong comeback in 2025, with startups raising $15.3 billion—up 26% YoY—as larger deal sizes and AI-driven growth rounds powered the rebound. The year also saw record VC exit volume, rising IPO momentum led by Omada Health and Hinge Health, and a sharp rebound in PE dealmaking. With AI now central to both clinical and administrative workflows, the data points to continued opportunity across healthtech segments—and a healthy pipeline of late-stage companies positioning for exits in 2026.

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Source: https://pitchbook.com/news/reports/q4-2025-healthtech-vc-trends

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