Health Tech 50 is the most up to date, comprehensive and insightful Global Health Tech VC ranking for the digital health community.

The Health Tech 50 ranking methodology was created by Kilo Health. We sought to craft a methodology that would incorporate metrics that define a great investor. We reached beyond traditional financial performance metrics, taking into account less traditional metrics such as the portfolio companies’ leadership score, and a recognizable VC brand. Lastly, we did not forget you - the digital health community. Your voice also counts.

In the Health Tech 50 ranking, Venture Capital investors are ranked based on 9 distinct metrics. We have split the metrics into two separate groups: direct and indirect metrics.

Direct metrics:
These metrics take into account the investment activity of the investor. We only included investments into technology-enabled healthcare products and services that contribute to people‘s wellbeing, quality of lives, improve healthcare delivery, and speed-up the transformation of traditional healthcare sector. Investments into pharmaceutical, biotechnology and related innovations are not included into Health Tech 50 ranking.

There are six direct investor metrics used in our methodology. Each metric was taken into account while calculating the overall Investor Score. Each direct metric has its own weighting. All six direct metrics combined represent 75% of the final Investor Score.

Six direct metrics are as follows:
Metric #1. Companies invested (last 18 months): number of investments into new health tech companies over the last 18 months (2021.01 – 2022.06).
Metric #2. Companies invested (last 5 years): number of investments into new health tech companies over the last 5 years.
Metric #3. Portfolio companies (with a valuation from $100M to $1B): number of health tech companies in the portfolio valued from $100M to $1B.
Metric #4. Exits (last 18 months): number of exits (health tech companies only) completed by the investor over the last 18 months (2021.01 – 2022.06).
Metric #5. Exits (last 5 years): number of exits (health tech companies only) completed by the investor over the last 5 years.
Metric #6. Unicorn portfolio companies (with a valuation of $1B+): number of health tech companies in the portfolio valued over $1B that have Unicorn status.


Indirect metrics:
Indirect metrics take into account the non-investment related activity of the investor. Three indirect investor metrics were taken into account while calculating the overall Investor Score. Each indirect metric has its own weighting. All three indirect metrics combined represent 25% of the final Investor Score.

Three indirect metrics are as follows:
Metric #7. Brand awareness score: an aggregated number of total followers in all social media platforms combined (LinkedIn, Twitter and Medium).
Metric #8. Alpha score - an average investor / fund portfolio score as of 2022.06.30
Metric #9. Public score: number of public votes cast for the investor by the public on the HealthTech50.com platform by 25th of September, 2022.


The final Investor Score is derived based on 9 distinct metrics, and investors are ranked accordingly in the final Health Tech 50 list. The list is dynamic, Metric #9 will change during the voting period, and the final Health Tech 50 list will be published on the 4th of October, 2022. The cut-off time for public votes is the 25th of September, 2022, 23:59 CET.