By the Numbers
# Digital Health Companies
0
Number of companies listed in the Georgia Digital Health Ecosystem today# of Core Digital Health Companies
0
Number of core Digital Health companies in the ecosystem today# of Community Companies
0
Number of companies in the broader Georgia Digital Health ecosystem today# Companies HQed in GA
352
Number of Digital Health companies headquartered in GeorgiaEmployment
44,000
Number of Digital Health Employees in Georgia (2021)Revenue
$11.8B
Estimated Digital Health Revenue in Georgia (2021)Investment
$1.2B
Estimated investments in Georgia Digital Health companies (last 4 years)M&A Activity
12
Number of key mergers and acquisitions involving Georgia Digital Health companies (2018-2024)Top Investments
- Panda Health received $18.4m in seed funding from Edge
- OncoLens received $16.0m in Series B funding from various VC investors
- Loyal – $33.5m from Concord Health Partners and multiple strategic investors
- EarliTec Diagnostics – $21.5m from Nexus NeuroTech Ventures and Venture Investors Health Fund
- Micron Biomedical – $23.6m from several
- OXOS Medical – $23m ($46m in total) from ATDC, Sequoia Capital and several others
- Nyra Medical – $20m from Broadview Ventures, GRA Venture Fund and Vensana Capital
- Azalea Health – $45m ($87m in total) from ATDC, InterSouth Partners, LLR Partners, and SE Investor Group
- Motivo Health – $14m ($17m in total) from several
- Reframe – $17m from several
- Vital.io – $25m ($46m in total) from several
- Codoxo – $20m ($30m in total) from QED, Sands Capital Management, 111 West Capital, Brewer Lane, Spider Capital and GRA Venture Fund
- Gozio investment by Morgan Stanley Fund
Top Mergers and Acquisitions in recent years
- Ora Dental was acquired by PracticeTek, a subsidiary of ChiroTouch (June 2024)
- Surgical Info Systems, Inc. was acquired by Nordic Capital (August 2024)
- Hearst acquired Qgenda from Francisco Partners (August 2024)
- HID acquired Vizzia Technologies (July 2024)
- SnapNurse (Snapcare) acquired Medecipher Inc. (2024)
- Change Healthcare acquired by Optum (2022)
- Jvion acquired by Lightbeam Health Solutions (2022)
- PREMEDEX acquired by SCP Health (2022)
- CIOX merged with Datavent (2021)
- FinThrive acquired TransUnion Health (2021)
- ProCare Rx acquired MC-21 (2020)
- Qgenda received strategic investment from ICONIQ Capital (2020)
- Surgical Info Systems, Inc acquired by KKR (2020)
- Nuesoft acquired by AdvancedMD (Marlin portfolio company) (2018)
