Do you know Singapore healthcare sector is more than just hospitals, clinics, pharmaceutical plants and laboratories? Singapore is a regional hub for health tech companies, with a thriving ecosystem of startups, scaleups and multinational corporations. For many healthcare professionals or individuals considering mid-career switch, this represents an interesting career prospect.
Singapore’s strong focus on innovation, coupled with its infrastructure, strategic location and supportive government policies, has created an ideal environment for health tech companies to grow and succeed.
In this article, we will look at 15 exciting health tech companies in Singapore. These companies are considered based on multiple factors: innovation, fund raised, product offerings, impact, customer base and reviews.
15 Health Tech Companies in Singapore To Look Out For!
Homage is a home care company that provides holistic healthcare services to people of all ages in Singapore. The company was founded in 2016 by serial entrepreneur, Gillian Tee who saw a need for a more convenient and affordable way for people to access quality home care services.
Homage's business model is simple. The company matches clients with qualified caregivers who can provide a variety of services, including personal care, nursing, therapy, and medical assistance. Caregivers are carefully screened and trained.
In 2021, Homage raised a USD $30 million Series C led by Sheares Healthcare Group, which is wholly owned by investment firm Temasek. The funding is used to develop Homage’s technology, continue integrating with aged and disability care payer and provider infrastructure and speed up its regional expansion through partnerships with hospitals and care providers.
One of the most interesting things about Homage is its use of technology. The company has developed a mobile app that allows clients to book and manage their care appointments, track their care costs, and communicate with their caregivers. The app has been downloaded over 100,000 times and has received a rating of 4.7 out of 5 stars on the Apple App Store and Google Play Store.
If you are looking for quality home care services in Singapore, Homage is a great option. The company has a wide range of services to choose from, it is affordable, and it uses technology to make it easy to book and manage your care appointments.
The company offers a variety of career opportunities, including caregiver, nurses, partnership and operation roles.
Intellect is a mental health tech company that provides personalized, evidence-based wellbeing support to individuals and organizations in Asia Pacific. The company was founded in 2019 by Theodoric Chew and Anurag Chutani, who saw a need for a more accessible and effective way to address mental health challenges.
Intellect's business model is based on a combination of technology and human touch. The company's platform offers a variety of self-care resources, such as bite-sized behavioural guidance, mindfulness exercises, and meditations. Users can also connect with a therapist or coach for 1-on-1 support.
In 2022, Intellect raised USD $20 million in Series A extended funding. The funding is used to expand the company's reach and increase its product, engineering and commercial teams.
One of the most interesting things about Intellect is its focus on research and development. The company has conducted a number of studies on the effectiveness of its platform, and is constantly working to improve its offerings.
If you are looking for a mental health tech company that is committed to providing high-quality, personalized care, Intellect is a great option. The company's platform is easy to use, affordable, and backed by research.
The company offers a variety of career opportunities, including health coach, clinical providers, counsellor and sales.
SwipeRx is a leading community and B2B commerce platform for pharmacies in Southeast Asia. The company was founded in 2012 by Farouk Meralli, who saw a need for a more efficient and convenient way for pharmacies to source and purchase medicines.
SwipeRx has an app that allows pharmacies to connect with wholesalers and distributors, browse and search for medicines, and place orders. The platform provides pharmacies with access to a wider range of products and services, including CPD courses, industry news, and marketing tools.
In 2023, SwipeRx raised USD $37 million in Series B funding. The funding will be used to expand B2B commerce for pharmacies, investing in specialised healthcare logistics and financing and accelerating adoption of its new point of sale and inventory management solutions.
If you are a pharmacist in Singapore, SwipeRx is a great way to connect with others in the community. They offer a wide range of features that can help you improve your business.
The company offers a variety of career opportunities, including research manager, pharmacy training, and sales representative.
4. CXA Group
CXA Group is a leading employee health ecosystem company in Asia. The company was founded in 2013 by Rosaline Chow, who saw a need for a more holistic and personalized approach to employee health.
CXA Group's business model is based on a combination of technology and data. The company's platform provides employees with access to a wide range of health and wellness resources, including health screening, wellness programs and healthcare benefits. These resources come from a wide array of vendors.
In 2020, CXA Group raised has raised an undisclosed amount of funding from Thai HR solutions provider Humanica and HSBC Life International Limited. The company previously raised a total of US$58 million. The funding will be used to customize its platform further, so it can be white-labelled and used by banks in Asia.
CXA Group is also committed to providing value to its corporate partners. The company offers a variety of tools and resources that help employers manage their employee health programs.
The company offers a variety of career opportunities, including Technical Project Manager.
Lucence is a precision oncology company committed to bringing clarity to cancer care. The company develops ultrasensitive non-invasive liquid biopsy tests to provide doctors and their patients life-changing information to enable earlier detection and effective treatment.
Lucence was founded in 2017 by Dr. Min-Han Tan. The company is dual headquartered in Palo Alto and Singapore. Lucence's liquid biopsy tests are based on its proprietary AmpliMark™ technology, which can detect cancer cells and circulating tumor DNA (ctDNA) in blood with high sensitivity and specificity.
In 2019, Lucence raised USD $20 million in Series A funding, led by IHH Healthcare. The funding will be used to provide its liquid biopsy technology to more patients across Asia and North America, and develop new liquid biopsy tests for other cancer types.
One of the most interesting things about Lucence is its focus on early cancer detection. The company's liquid biopsy tests can detect cancer cells and ctDNA in blood even before tumors are visible on imaging scans. This allows doctors to intervene earlier in the course of cancer, when treatment is more likely to be successful.
The company offers a variety of career opportunities, including software engineer, people operation manager and commercial roles.
If you are looking for a mid-career switch or healthcare jobs in Singapore, I hope this article has been helpful for you. For active job seekers, please check out the roles in our career portal. We will be sharing more exciting health tech companies in part 2 and 3 of this blog series! Thank you.
Read next article: 15 Health Tech Companies In Singapore To Look Out For (Part 2)
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