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Medical Alley Association serves the individuals and organizations that comprise Minnesota's health industry by influencing policy, fostering connections and providing critical intelligence to improve the quality of health around the world.

Medical Alley Association serves the individuals and organizations that comprise Minnesota's health industry by influencing policy, fostering connections and providing critical intelligence to improve the quality of health around the world.

Start-up Records & Digital Health Revolution in Medical Alley

Annual Report: Investment 2016

Health technology start-ups are booming in Medical Alley, both in numbers of companies securing funding and in the amount being raised. In 2016, 53% of the health technology companies in Medical Alley that secured funding raised less than $1M, a 3-year high and an indicator of significant new company starts and strong prospects for record raises in 2017. Companies securing 1st raise funding totaled $152.1M, a 5-year high.

Since 2009, nearly $2.75B has been raised in Medical Alley. 2016 is the 3rd consecutive year that Medical Alley companies have raised more than $400M and the 5th consecutive year that 90 or more companies have secured funding (98 in 2016). Medical Device and Digital Health companies were the top earners, raising $252.22M and $127.34M respectively. Learn more in the full report!

Download the 2016 Investment Report