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Radar · Healthcare in Montana

Best Healthcare Companies in Montana, United States

The 54 best Healthcare companies in Montana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: XTANT Medical.

54companies tracked
$591.3Mdisclosed funding
0unicorns
11have raised

Ranked: Best Healthcare companies in Montana

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1XTANT Medical
Manufacturer of orthobiologics and spinal fixation systems
$286M23 mo agoPublic—2006WordPressMySQLPHP+25—
2Cephalon
Therapeutics for central nervous system disorders, pain, and cancer
$125M—Acquired—1987——
3Glacier Community Health Center
Chain of general clinics
72Growth top 28%Innovation top 40%Funding top 46%Tech top 46%
All 6 signals ▾
Growthtop 28%
Innovationtop 40%
Fundingtop 46%
Techtop 46%
Productbottom 48%
Globalbottom 33%
Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Innovation: 3 product lines
rank vs industry peers · Fliar Intelligence Index 72/100
$96M13 mo agoFunding Raised—2003Wix eCommerceWixSentry+14—
4Bullhook
Provider of integrated healthcare services including medical, dental, behavioral health, and pharmacy
$71M13 mo agoPublic—2007WordPressMySQLPHP+23—
5St. Peter's Health
Health system
29Growth top 47%Funding top 50%Talent bottom 49%Tech bottom 39%
All 6 signals ▾
Growthtop 47%
Fundingtop 50%
Talentbottom 49%
Techbottom 39%
Globalbottom 32%
Marketbottom 30%
Growth: Headcount 381 → 345 (-9%) across vintages · Fresh capital in last 24 mo
Funding: Raised $4.6M across 7 rounds · 7 rounds over 6 yrs (1.2/yr)
rank vs industry peers · Fliar Intelligence Index 29/100
$5M14 mo agoFunding RaisedWade Johnson
CEO
1883DrupalApple iCloud MailMariaDB+181 award
6Benefis Health System
Health system
$4M109 mo agoFunding Raised—1892Apple iCloud MailMicrosoft 365Google Maps+14—
7Dermaxon
Biotech company discovering innovative therapies for skin diseases and pain
$2M25 mo agoFunding RaisedPhilippe Diaz
Co-Founder
2013——
8American Eagle Instruments
Manufacturer of endodontic pluggers, mirror handles, steel tips & diagnostic probes
$1M189 mo agoAcquired—1992——
9OPiO
Provider of healthcare technology services
$1M17 mo agoSeries AAmber Norbeck
Founder
2021——
10Alluvion Health
Clinic chains providing medical, dental, behavioral health, and substance use services
$517K13 mo agoFunding Raised—2019WordPressTypeScriptPHP+34—
11Genesis New Ventures
Medical device product development and commercialization firm
$100K48 mo agoSeedGreg Downey
Managing Director
2022——

Top 12 Healthcare companies in Montana

#1
Funding Raised · Cut Bank, Montana · founded 2003
$96.1Mraised
▾

Chain of general clinics

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Growth
top 28%
Innovation
top 40%
Funding
top 46%
Tech
top 46%
Product
bottom 48%
Global
bottom 33%
Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Innovation: 3 product lines
Funding: Raised $96.1M across 22 rounds · 22 rounds over 19 yrs (1.2/yr) · Last round Grant (prize money) (May 2025)
Funding rounds
  • 2025Grant (prize money)$1M
  • May 2025Grant (prize money)$12K
  • Apr 2025Grant (prize money)$14.4M
  • Feb 2025Grant (prize money)$14.4M
Investors
HRSA, HHS
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGsapHstsHttp/3
#2
Public · Havre, Montana · founded 2007 · 39 employees
$71.4Mraised
▾

Provider of integrated healthcare services including medical, dental, behavioral health, and pharmacy. It offers preventative care, chronic disease management, and substance use disorder treatment. The organization operates under a patient-centered medical home model, emphasizing strong provider-patient relationships. A sliding fee scale ensures accessibility for all patients regardless of income. On-site pharmacy services offer cost savings and convenience. The provider also facilitates access to specialists when needed.

Funding rounds
  • 2025Grant (prize money)$1.1M
  • May 2025Grant (prize money)—
  • Apr 2025Grant (prize money)$83.3K
  • Mar 2025Grant (prize money)$14.5M
Investors
HRSA, HHS
Tech stack
Animate.CssAppnexusContact Form 7Core-JsFlywheelGodaddy
#3
Public · Belgrade, Montana · founded 2006 · 135 employees
$285.7Mraised
▾

Manufacturer of orthobiologics and spinal fixation systems. This company designs, develops, and commercializes a portfolio of orthobiologic products and spinal implant systems used in various surgical procedures. The orthobiologics are produced in a state-of-the-art tissue processing facility. Spinal implant systems cover cervical, thoraco-lumbar, and interbody applications. The company's mission centers on improving patient lives through the development and provision of safe and effective medical devices and human tissues.

Funding rounds
  • Aug 2024Post IPO$5M
  • Jul 2023Post IPO$15M
  • Aug 2022Post IPO—
  • Feb 2021Post IPO$20M
Investors
Orbimed, Military Health
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Web Services
#4
Funding Raised · Helena, Montana · founded 1883 · 345 employees
$4.6Mraised
▾

Health system

Fliar Intelligence Index™ 29how this company ranks against its industry peers
Growth
top 47%
Funding
top 50%
Talent
bottom 49%
Tech
bottom 39%
Global
bottom 32%
Market
bottom 30%
Growth: Headcount 381 → 345 (-9%) across vintages · Fresh capital in last 24 mo
Funding: Raised $4.6M across 7 rounds · 7 rounds over 6 yrs (1.2/yr) · Last round Grant (prize money) (May 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 4k LinkedIn followers — 10.8% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • May 2025Grant (prize money)$1.2M
  • Mar 2025Grant (prize money)$2M
  • Jan 2025Grant (prize money)$200K
  • 2023Grant (prize money)$300K
Founders & team
Wade JohnsonCEO
Investors
HRSA, HHS
Tech stack
Apple Icloud MailBootstrapCdnjsCloudflareDrupalFastly
#5
Series A · Whitefish, Montana · founded 2021 · 5 employees
$1.1Mraised
▾

Provider of healthcare technology services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 747 LinkedIn followers — 2.2% of this cohort's audience · 29 engagements/post (3.1× cohort median)
Activity: 1 product launches · 1 partnerships (incl. JR Automation) announced in 12 mo
Funding rounds
  • Feb 2025Grant (prize money)$1.7M
  • Sep 2023Series A$900K
  • Sep 2023Grant (prize money)$1.5M
  • Sep 2022Grant (prize money)$1.7M
Founders & team
Amber NorbeckFounderMichael PokornyCo-Founder
Investors
NIH, HHS
#6
Funding Raised · Great Falls, Montana · founded 2019 · 61 employees
$517.3Kraised
▾

Clinic chains providing medical, dental, behavioral health, and substance use services. They offer various treatments, including pediatrics, pharmacy, and speech pathology. The clinics provide vaccinations, screenings, and lifestyle coaching. They focus on offering care to all residents, including those who are uninsured or underinsured.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 585 LinkedIn followers
Funding rounds
  • May 2025Grant (prize money)$17.3K
  • Apr 2025Grant (prize money)$500K
Investors
HHS
Tech stack
All In One SeoApache Http ServerCloudflareCloudflare Bot ManagementCore-JsElementor
#7
Funding Raised · Missoula, Montana · founded 2013
$1.8Mraised
▾

Biotech company discovering innovative therapies for skin diseases and pain. They focus on the brain-skin connection to develop novel therapeutic strategies for life-threatening diseases and disorders, including pain, pruritus, and genetic skin disorders. Their core technology involves designing small molecules that modulate multiple targets or inhibit the degradation of endogenous molecules, utilizing a polypharmacological approach. They employ medicinal chemistry, molecular biology, and RNA sequencing to understand biological signaling pathways. They formulate first-in-class molecules across therapeutic areas like Ichthyosis, itching, pain, acne, and neurodegenerative diseases. They collaborate with research institutions to study neuroprotective effects and accelerate drug development programs, aiming to fulfill unmet treatment needs and patient expectations.

Funding rounds
  • Jun 2024Grant (prize money)$290.9K
  • Sep 2023Grant (prize money)$295.4K
  • Apr 2021Grant (prize money)$298.1K
  • Sep 2019Grant (prize money)$225K
Founders & team
Philippe DiazCo-Founder
Investors
NIH, HHS
Tech stack
WordpressMysqlPhpDiviYoast SeoApache Http Server
#8
Acquired · Frazer, Montana · founded 1987 · 800 employees
$125Mraised
▾

Cephalon develops, manufactures and markets therapeutics for central nervous system disorders, pain, and cancer. It markets Nuvigil (tablets) to treat narcolepsy; Treanda (bendamustine) for the treatment of Indolent B-cell non-Hodgkin's lymphoma (NHL) and Chronic lymphocytic leukemia and Amrix (capsules) which is used as a muscle relaxant. Also markets products for Seizures and Cancer pain. As of Oct 2011, Cephalon operates as a subsidiary of Teva Pharmaceuticals.

Funding rounds
  • Series A—
  • PE$125M
Investors
Tekla Capital Management, New Leaf Venture Partners, UBS, SR One, NB Capital, Oak Investment Partners
#9
Funding Raised · Great Falls, Montana · founded 1892 · 1674 employees
$3.6Mraised
▾

Health system

Funding rounds
  • 2017Grant (prize money)—
  • 2015Grant (prize money)$44.8K
  • Jul 2012Grant (prize money)$492.7K
  • Jul 2010Grant (prize money)$492.7K
Investors
HRSA, HHS
Tech stack
AkamaiAkamai MpulseApple Icloud MailAxiosAzureBoomerang
#10
Acquired · Missoula, Montana · founded 1992 · 70 employees
$1.4Mraised
▾

Manufacturer of endodontic pluggers, mirror handles, steel tips & diagnostic probes

Funding rounds
  • Sep 2010Grant (prize money)$1.4M
Investors
Military Health
#11
Seed · Missoula, Montana · founded 2022
$100Kraised
▾

Medical device product development and commercialization firm

LinkedIn Pulse recent public activity · Jul 2026
Audience: 477 LinkedIn followers · 22 engagements/post (2.3× cohort median)
Funding rounds
  • Jul 2022Seed$100K
Founders & team
Greg DowneyManaging Director
#12
Funding Raised · Billings, Montana · founded 2008 · 280 employees
—raised
▾

RiverStone Health, (Formerly Yellowstone City-County Health Department), has been serving the Yellowstone County community for nearly 40 years. Our organization consists of 350+ dedicated employees working across multiple disciplines to improve life, health, and safety. We believe in our Power of Vision to identify health needs in our communities and find ways to meet those needs. \r\n\r\nWe offer a variety of services including the Community Health Center Clinic in the downtown Billings area, satellite locations in rural areas, Dental Clinic, Montana Family Medicine Residency (MFMR), and Eastern Montana AHEC.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 4.4% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: physical therapist, Geriatrician
Founders & team
John FeltonCEO & President
Investors
Dougherty & Company
Tech stack
AccessibeApple Icloud MailAppnexusCloudflareCloudflare Bot ManagementConstant Contact

Funding & investor landscape

$591.3Mtotal disclosed funding
11companies funded
85disclosed rounds
0rounds last 90 days
Most active investors
HHS7 rounds
HRSA4 rounds
Military Health2 rounds
NIH2 rounds
Ben Franklin Technology Partners1 rounds
Dougherty & Company1 rounds
Good Works Ventures1 rounds
NB Capital1 rounds
New Leaf Venture Partners1 rounds
Oak Investment Partners1 rounds

Notable founders

Wade Johnson
CEO · St. Peter's Health
Amber Norbeck
Founder · OPiO
Michael Pokorny
Co-Founder · OPiO
Philippe Diaz
Co-Founder · Dermaxon
Greg Downey
Managing Director · Genesis New Ventures
John Felton
CEO & President · RiverStone Health
Prism market signals · United States · country-scoped Prism corpus, 13,358,462 docs

Market landscape — 10 sub-themes by coverage

Share of Healthcare coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Healthcare companies are there in Montana, United States?
Radar tracks 54 indexable Healthcare companies headquartered in Montana, United States that meet our profile-completeness bar.
What is the total funding raised by Healthcare companies in Montana, United States?
The Healthcare companies in Montana, United States on this list have raised a combined $591.3M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Healthcare company in Montana, United States?
XTANT Medical is the highest-funded Healthcare company in Montana, United States, with $285.7M in disclosed equity funding.
How many Healthcare companies in Montana, United States are funded?
11 of the 54 Healthcare companies in Montana, United States on this list have disclosed at least one equity funding round.
How many Healthcare unicorns are there in Montana, United States?
None of the Healthcare companies in Montana, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Montana, United States Healthcare companies?
The most active investors in Montana, United States Healthcare companies on this list include HHS, HRSA, Military Health, NIH, Ben Franklin Technology Partners.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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