Who Funds Healthcare Startups in Massachusetts?

Complete funding guide for healthcare entrepreneurs in Massachusetts. Find 12 VC funds, 3 accelerators,3 angel networks, and 2 grant opportunities.

$336M
Total 2026 Funding
105
Deals Completed
$6M
Avg Round Size
15
Active Funders

Healthcare Startup Funding Landscape in Massachusetts

Market Overview

The healthcare startup ecosystem in Massachusetts has experienced remarkable growth, with $336M in funding across 105 deals in 2026.This represents 35% year-over-year growth compared to the previous year, positioning Massachusettsas a emerging market forhealthcare innovation.

The average funding round size of $6M reflects strong investor confidence in Massachusetts-based healthcare startups. Competition levels are currently very high, with 12 active VC funds specifically targeting this sector.

Top Funded Sectors in Massachusetts

HealthcareArtificial IntelligenceSoftware As A Service

Location Advantages

Massachusetts offers a concentrated healthcare ecosystem with specialized talent

Strong government support for healthcare innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Healthcare Startups

  • Deep expertise in healthcare domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Healthcare VC Funds in Massachusetts

12 active funds

Massachusetts Healthcare Partners A

📍 Massachusetts📅 Founded 2018💰 $416M AUM

seed stage focus • 59 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 1
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners B

📍 Massachusetts📅 Founded 2017💰 $567M AUM

series-b stage focus • 60 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 2
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners C

📍 Massachusetts📅 Founded 2011💰 $582M AUM

series-b stage focus • 56 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 3
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners D

📍 Massachusetts📅 Founded 2010💰 $366M AUM

seed stage focus • 55 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 4
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners E

📍 Massachusetts📅 Founded 2019💰 $362M AUM

series-a stage focus • 33 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 5
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners F

📍 Massachusetts📅 Founded 2010💰 $419M AUM

series-a stage focus • 66 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 6
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners G

📍 Massachusetts📅 Founded 2014💰 $119M AUM

seed stage focus • 34 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 7
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners H

📍 Massachusetts📅 Founded 2018💰 $279M AUM

series-b stage focus • 49 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 8
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners I

📍 Massachusetts📅 Founded 2020💰 $270M AUM

series-b stage focus • 39 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 9
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners J

📍 Massachusetts📅 Founded 2015💰 $187M AUM

series-b stage focus • 37 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 10
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners K

📍 Massachusetts📅 Founded 2010💰 $311M AUM

series-b stage focus • 61 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 11
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Healthcare Partners L

📍 Massachusetts📅 Founded 2012💰 $322M AUM

seed stage focus • 30 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 12
Massachusetts AI
DataHealthcare Inc
Active in healthcare sector • Invests in Massachusetts-based startups
Learn More →

Healthcare Accelerators in Massachusetts

3 programs

Massachusetts Healthcare Accelerator 1

📍 Massachusetts⏱️ 12-16 weeks👥 18 startups/batch
$241K
for 6% equity
87% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

Massachusetts Healthcare Accelerator 2

📍 Massachusetts⏱️ 12-16 weeks👥 24 startups/batch
$269K
for 5% equity
83% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-05-15
Meetings:
Apply Now →

Massachusetts Healthcare Accelerator 3

📍 Massachusetts⏱️ 12-16 weeks👥 14 startups/batch
$247K
for 5% equity
77% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-05-15
Meetings:
Apply Now →

Angel Investor Networks in Massachusetts

3 networks

Massachusetts Healthcare Angels

👥 113 members💰 $84K avg investment

📍 Massachusetts

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Healthcare Angels

👥 51 members💰 $38K avg investment

📍 Massachusetts

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Healthcare Angels

👥 99 members💰 $123K avg investment

📍 Massachusetts

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Healthcare Grants Available in Massachusetts

SBIR Healthcare Grant

by Massachusetts Innovation Agency

Healthcare startups based in Massachusetts

$1M
Grant Amount
Deadline: 2024-10-28Apply →

STTR Healthcare Grant

by Massachusetts Innovation Agency

Healthcare startups based in Massachusetts

$250K
Grant Amount
Deadline: 2024-09-28Apply →

2026 Funding Timeline for Healthcare Startups in Massachusetts

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Massachusetts

FebruaryMarchMay

Frequently Asked Questions: Healthcare Funding in Massachusetts

How competitive is healthcare startup funding in Massachusetts?

Healthcare startup funding in Massachusetts is very high, with 12 active VC funds and 3 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in healthcare domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for healthcare startups in Massachusetts?

Healthcare startups in Massachusetts raise an average of $6M per funding round, based on 105 deals completed in 2026. This represents 35% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which healthcare accelerators in Massachusetts have the highest success rates?

Top healthcare accelerators in Massachusetts report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onhealthcare and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a healthcare company in Massachusetts?

Massachusetts offers several unique advantages for healthcare startups: Massachusetts offers a concentrated healthcare ecosystem with specialized talent, Strong government support for healthcare innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 12 specialized VC funds, 3 angel networks, and 2 grant programs specifically supporting healthcare innovation.

When is the best time to fundraise for healthcare startups in Massachusetts?

The optimal fundraising months in Massachusetts are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with healthcare investors in Massachusetts?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 12 active VC funds in Massachusetts. Join relevant healthcare meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Massachusetts Healthcare Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Healthcare Funding Action Plan for Massachusetts

1

Research & Prepare

  • • Analyze the 12 VC funds targeting healthcare
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 3 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Massachusetts's healthcare ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for very high competition levels