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Top-Ranked Health Tech Startups Revealed in Investor and Analyst Survey Ahead of HLTH Europe 2025 by Black Book Research


European Firms Rise Above Hundreds of HIT Exhibitors for Scalability, Regulatory Alignment, and High-Growth Market Readiness

Amid hundreds of health technology startups exhibiting at HLTH Europe 2025, Black Book Research has revealed the most promising European healthcare IT firms selected by investors for their superior growth potential, regulatory preparedness, and ability to scale across diverse health systems. Based on a rigorous evaluation by 407 venture capitalists, private equity analysts, and investment bankers, these startups achieved the highest scores across 10 investor-defined Key Performance Indicators (KPIs).

The firms recognized are being spotlighted as can’t-miss opportunities for strategic investment and partnership at this year’s HLTH event, where differentiation among early-stage companies is more vital than ever.

“In a crowded exhibitor landscape, these specific startups rise above based on what matters most to investors: market readiness, regulatory alignment, and demonstrated health system traction,” said Doug Brown, Founder of Black Book Research. “Engaging directly with these firms gives HLTH attendees a rare advantage to align with ventures that not only offer disruptive potential but are already positioned to deliver measurable returns.”

Investor Methodology

Each startup was scored independently on a 0-10 scale across the following 10 qualitative KPIs, for a total possible score of 100. Scores were compiled through blind reviews by investment professionals based in Europe and the U.S. who were pre-briefed on each startup’s product, traction, and financial history.

Startups were evaluated across ten qualitative Key Performance Indicators (KPIs) tailored to the complexities of the European healthcare IT market, where success depends not only on innovation but on readiness to scale across diverse systems and regulatory environments. Clinical impact potential assessed the measurable ability to improve health outcomes, diagnostics, or preventive care, while scalability across health systems evaluated adaptability to fragmented national infrastructures. Strategic partnerships and ecosystem fit captured the depth of alliances with providers, governments, and academic stakeholders-key accelerators for uptake in Europe. Regulatory trajectory and CE readiness were critical indicators of commercialization viability, particularly in navigating stringent compliance pathways. Patient demand and adoption metrics reflected real-world traction and usability, while AI/tech differentiation and intellectual property strength gauged defensibility and long-term competitive advantage. Health economics and cost containment focused on demonstrable value in resource-sensitive public health systems, and commercial readiness evaluated deployment maturity and repeatable implementation success. Policy relevance measured alignment with pressing EU healthcare initiatives such as aging populations and digital transformation, and leadership strength and execution history assessed the team’s proven ability to scale, pivot, and deliver outcomes. Together, these KPIs provide a comprehensive qualitative framework to identify startups most likely to thrive and drive meaningful transformation in European healthcare.

Top 18 European Healthcare IT Startups to Engage at HLTH Europe 2025

Startup

Country

Investor Score

Why Investors Are Engaged

Lindus Health

UK

97

AI-powered clinical trials, regulatory head start, $79M+ raised

Quibim

Spain

95

Advanced AI imaging, strong IP portfolio, hospital traction

Neko Health

Sweden

95

Preventive diagnostics, mass-market scalability, trust-based brand

Aidoc

Israel/EU

94

Mature radiology AI, CE-cleared, enterprise deployment in EU

Owkin

France

93

Federated learning AI for pharma, strong data privacy framework

Briya

Israel/EU

91

Decentralized GDPR-compliant data exchange, research partnerships

SkinVision

Netherlands

91

CE-marked melanoma AI, direct-to-consumer success

SyncVR Medical

Netherlands

90

VR therapies in hospitals, strong clinical and reimbursement pathways

Huma

UK

90

Remote patient monitoring, major pharma/biotech collaborations

Healthily

UK

90

AI symptom checker, multilingual UX, CE certification

Liva Healthcare

Denmark

90

Chronic disease app with health plan traction across EU

Savana

Spain

90

NLP-based real-world data analytics, EU-wide deployment

Doccla

UK/Sweden

90

Remote monitoring, NHS and EU government-backed contracts

Corti

Denmark

90

Emergency AI, rapid deployment in EMS systems, strong scaling metrics

Legit.Health

Spain

90

Dermatology AI, policy-aligned and payer-integrated

Infermedica

Poland

90

AI triage engine, integrated by insurers, APIs validated at scale

Sidekick Health

Iceland

89

Digital therapeutics, health plan partnerships, strong behavior change evidence

Doctolib

France

88

Patient access platform with multi-country scalability

Startups that exceeded the performance benchmark (scored between 81-88) and are drawing investor attention at HLTH Europe include:

Startup

Core Focus

Brief Description

Ada Health

AI Symptom Assessment

CE-certified AI-powered symptom checker used by patients and health systems.

Koa Health

Digital Mental Health

Scalable, app-based mental health programs addressing stress, anxiety, and depression.

Withings

Connected Devices & RPM

Smart health devices for remote patient monitoring, including wearables and sensors.

Thymia

Mental Health Diagnostics

AI-driven assessments for cognitive and emotional health using speech and behavior.

HeliosX

Teledermatology

Digital platform enabling remote skin condition diagnosis and treatment access.

Tilak Healthcare

Pharma-Aligned Therapeutics

Digital therapeutics co-developed with pharma, focusing on chronic disease management.

Selfapy

Digital Psychotherapy

Online cognitive behavioral therapy with therapist guidance for various conditions.

HelloBetter

Digital Psychotherapy

Evidence-based mental health programs reimbursed in multiple European countries.

Vivolta

Elder Care Technology

AI-enabled solutions for monitoring and supporting aging populations at home.

Pulsenmore

Home Ultrasound

Handheld, user-operated ultrasound devices with remote clinician connectivity.

FibriCheck

Mobile Cardiac Monitoring

App-based tool for detecting arrhythmias via smartphone sensors and wearables.

Awell

Care Pathway Automation

No-code platform for designing, deploying, and optimizing clinical care workflows.

Mediktor

AI Symptom Evaluation

Multilingual, clinically validated AI triage and pre-diagnosis tool.

Hello Inside

Digital Biomarker Tracking

Metabolic health app integrating continuous glucose data for personalized insights.

Attendees seeking the most viable capital allocation opportunities among the 200+ exhibiting startups should prioritize engaging with these firms.

Why These Firms Are Surging Ahead

81% of surveyed investors cited regulatory readiness (including CE certification or GDPR compliance) as the top driver of their interest in funding decisions.

AI and machine learning capabilities were present in 94% of the top 18 startups, underscoring Europe’s directional pivot toward smart, data-driven tools.

Many recognized firms have achieved early profitability or contractually-backed scalability, rare among the broader startup field.

About Black Book

Black Book Research is a leading independent healthcare technology and services research firm. Known for its unbiased, crowd-sourced insights from real technology users and strategic buyers, Black Book specializes in guiding C-suite leaders, private equity firms, and health system executives with qualitative KPIs tailored to market transformation and ROI. Black Book is not affiliated with any vendor or with HLTH Europe.Contact: research@blackbookmarketresearch.com

More information: www.blackbookmarketresearch.com

Source: Black Book Research



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