PitchBook Analyst Note: Emerging Startups Enable LGBTQ Healthcare

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How startups are leveraging healthtech to better serve the LGBTQ community

When it comes to receiving care for their physical and mental health needs, the LGBTQ community represents a largely underserved segment of the US population.

Our latest Emerging Tech Research analyst note highlights key opportunities in the growing LGBTQ-focused healthtech sector and emerging startups that exclusively provide gender-affirming treatments, mental healthcare and family-building services for the LGBTQ market.

Takeaways include
 

• 11 startups in the space have raised a total of $48.7 million in disclosed VC funding over the past three years, according to PitchBook data. 

 

• Our analysts expect incumbent health insurers will be slow to incorporate LGBTQ-focused benefits, but a growing near-term opportunity exists to help both employers provide LGBTQ-tailored workplace benefits and individuals find unbiased care.