CB Insights’ top digital health startups in 2021 include Nigeria’s 54gene, Field Intelligence and Nigeria’s Field Intelligence.
CB Insights released the third annual Digital Health 150 – a list of 150 top private companies that use digital technology to transform health care.
Since 2016, the 2021 CB Insights Digital Health150 cohort has raised an estimated $14.9 billion through 522 deals. It includes startups in all stages of development, including early-stage companies and well-funded unicorns.
CB Insights Intelligence Unit selected the companies from a pool that included applicants and nominees.
These factors included data from the companies, business models of the companies and momentum in the market. Mosaic score is a proprietary algorithm by CB Insights that assesses the private company’s overall health and potential for growth.
Two digital health startups from Nigeria made it onto the list of 150.
54gene, founded by Abasi Eneobong, is an African genomics startup that is at the forefront in bridging the gap in the global genomics market.
The company has a mission: to fulfill the promise of precision medicine in Africa and for the global population by closing the gap in genomics data.
54gene was listed under Internet Software & Services on the CB Insights List. It had total disclosed funding of $44.65 Million and was backed by select investors such as Endeavor, Fifty Years Fund, Cathay Innovation, KdT Ventures, and Y Combinator.
Field Intelligence was founded in 2015 by Justin Lorenzon and Michael Moreland. Its mission is to create a data system that can manage distribution and plan for Nigeria’s government medical supply agencies.
The company’s mission is to help African pharmaceuticals become more sustainable and more efficient in their operations.
Field Intelligence was a Supply Chain & Logistics Software company. It was classified in the Digital Pharmacy & DME Fulfillment sector. Accion Venture Lab, Newtown Partners and Blue Haven Initiative were among the investors.