Best HealthTech Companies in Malaysia
The 135 best HealthTech companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: PolicyStreet.
Malaysia's HealthTech sector draws serious attention, and this directory ranks the best HealthTech companies in Malaysia by disclosed equity funding and recent funding momentum across 135 tracked players. Total disclosed capital stands at $64M, spread across a field with no unicorns yet, which tells you something about where this market sits in its maturity curve.
The numbers still move fast. The global HealthTech market hit roughly $908.5B in 2023 and is forecast to reach $3.14T by 2033, a 13.1% CAGR according to Coherent Market Insights, driven by rising healthcare spending and accelerating digital health adoption. PolicyStreet leads our directory at $24M raised, with Naluri and HealthMetrics each pulling $15M. Those three alone account for the bulk of disclosed funding. I'd flag that data privacy compliance and shifting regulatory requirements remain real structural costs for any company here, not footnotes. Hot themes right now include digital health consultation and innovation agency funding, with investors like Cradle and 500 Durians backing platforms reshaping care access across the region. So if you're sizing up this market, start with the funded leaders, then watch the mid-tier closely.
- Allied Market Research
Our analysis of 864 HealthTech companies
$73.2b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best HealthTech companies in Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | PolicyStreet Insurance technology platform providing digital insurance solutions | $24M | 36 mo ago | Series B | Wilson Beh Co-Founder | 2016 | TypeScriptGoogle CloudZone.js+16 | — |
| 2 | Naluri Provider of employee wellness programs for physical and mental health | $15M | 10 mo ago | Series B | Jeremy Ting Co-Founder & President | 2017 | HubSpot CMS HubAmazon Web ServicesLazySizes+22 | — |
| 3 | HealthMetrics Employee healthcare benefits management platform | $15M | 25 mo ago | Series A | Rachna Shukla Co-Founder | 2015 | WebflowSentryZendesk+22 | — |
| 4 | ThoughtFull SaaS-based digital mental health solutions for employees, individuals, and insurers | $5M | 38 mo ago | Seed | Joan Low Co-Founder & CEO | 2018 | Webflow EcommerceWebflowAmazon Web Services+24 | — |
| 5 | BookDoc Appointment booking platform for patients and healthcare professionals | $2M | 100 mo ago | Seed | Dato Beh Co-Founder | 2015 | ZohoGoogle MapsUbuntu+19 | 1 job opening |
| 6 | QueueMed Online teleconsultation and booking tool for providers and patients | $1M | 38 mo ago | Seed | Nic Tai Co-Founder and Director | 2019 | WordPress Block EditorElementorWordPress+23 | 1 partnership |
| 7 | PurelyB Online platform for healthy lifestyle tips and guide | $800K | 106 mo ago | Seed | — | 2015 | Cart FunctionalityShopifySentry+40 | 1 job opening · 1 launch |
| 8 | Ascension Innovation AI-powered digital assistance for practice and enhance patient engagement | $592K | 21 mo ago | Seed | Danny Lim Co-Founder | 2023 | — | — |
| 9 | MeDKAD Employees medical benefit solution provider | $337K | 85 mo ago | Seed | Fareez Idham Co-Founder & COO | 2016 | WordPressMySQLPHP+36 | — |
| 10 | GOOBAT Online platform for the purchase of medicines | $252K | 44 mo ago | Seed | Asher Looi Co-Founder | 2020 | — | — |
| 11 | Optimize Systems Provides a Clinic Management system suitable for General and Specialist Clinics | $235K | 80 mo ago | Funding Raised | Chee Chen Wong Founder | 2012 | — | — |
| 12 | become Online platform providing customized invisible dental braces | $150K | 72 mo ago | Deadpooled | — | 2019 | — | — |
| 13 | Docspe Digital patient management & communications solution for providers | $100K | 38 mo ago | Seed | Ahmed Shochin Founder & CEO | 2020 | WordPressBetterDocsMySQL+32 | — |
Top 12 HealthTech companies in Malaysia
#1
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 212 employees$14.9Mraised▾
Provider of employee wellness programs for physical and mental health. It offers an evidence based digital health solution that helps organisations predict, prevent, and manage the leading cardiometabolic and mental health conditions, including heart disease, diabetes, cancer, chronic stress, anxiety, depression, and pain. It also, provides consultation, performance coaching and training services. Company emphasizes detection of mental health issues through screening processes which allows companies to identify employees at risk and engage them in wellness programs. It also conducts workshops aimed at building resilience among employees and educating them on identifying signs of mental distress in themselves and the colleagues.
- Aug 2025Series B$5M
- Jun 2022Series A$7M
- Jun 2021Series A$5M
- Apr 2020Seed$1.1M
#2
Series A · Subang Jaya, Selangor · founded 2015 · 96 employees$14.8Mraised▾
Employee healthcare benefits management platform. It features process automation, dashboards, data analytics, personalized wellness programs, employee mobile app and much more. It also provides early warning signs of health risks faced by employees. It offers services to manufacturing, retail, food, real estate, and education industries.
- May 2024Series A$8.4M
- Sep 2020Series A$5M
- Jan 2019Seed$486.5K
- Apr 2018Seed$1M
#3
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2016 · 75 employees$23.7Mraised▾
Provider of online insurance services intended to democratize the insurance industry. The company's platform curates new products and policies that fit the lifestyle needs of the people, enabling customers to buy the policies directly and avail of all the services.
#4
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2023$591.6Kraised▾
AI-powered digital assistance for practice and enhance patient engagement. It offers aiCMS system to enhance patient engagement and communication by providing a user-friendly companion app that empowers doctors to deliver a new level of patient care.
- Aug 2024Seed$228.4K
- Jul 2024Seed$363.1K
#5
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2018 · 72 employees$5.1Mraised▾
SaaS-based digital mental health solutions for employees, individuals, and insurers. The company has developed a digital platform that allows organizations to assist employees with mental health management. The company provides mental health programs, therapy sessions, intervention programs, and educational content for users. The app-based platform can be used by insurers to provide health interventions.
- Mar 2023Seed$4M
- Oct 2021Seed$1.1M
#6
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2019 · 45 employees$1.2Mraised▾
Online teleconsultation and booking tool for providers and patients. The platform allows patients to book appointments, search for clinics/doctors, and manage health records. It also enables clinical professionals to provide online consultation with features like e-payment, patients management, patient queue, and more.
- Apr 2023Seed$1.2M
#7
Seed · Petaling Jaya, Selangor · founded 2015 · 31 employees$2.3Mraised▾
Malaysia-based BookDoc is a booking app that connects patients with healthcare professionals. Doctors can list the practice and manageth bookings using the platform. Users can select professionals from the directory and book appointments.
- Feb 2018Seed$2.3M
- Jun 2017Angel—
- Feb 2017Angel—
- Jan 2016Seed—
#8
Seed · Petaling Jaya, Selangor · founded 2020$252.4Kraised▾
Online platform for the purchase of medicines. The products catalog includes general medicines, home test kits, healthcare devices & equipment, lifestyle & wellness products, supplements, and more. Users can order the products online for home delivery.
- Sep 2022Seed$252.4K
#9
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2020 · 6 employees$100Kraised▾
Digital patient management & communications solution for providers. The company has developed software that assists with patient engagement. It has features for telehealth solutions, EHR management, booking management, records of diagnosis management, and more.
- Apr 2023Seed$100K
#10
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2015 · 11 employees$800Kraised▾
PurelyB is a platform for healthy lifestyle tips and guide. Users can discover meal plans, health tips and healthy restaurants and stores from it. They provide premium content packages of meal tips serving different health goals. Also provides one on one consultation with their expert panel for the health advice.
- Jul 2017Seed$300K
- Dec 2015Seed$500K
#11
Seed · Shah Alam, Selangor · founded 2016 · 24 employees$337Kraised▾
MedKad provides solutions for companies to manage their staff medical benefits. The solution provides a dashboard with a detailed summary, real-time monitoring, and settlement. It also provides a MedKad mobile app that provides an updated electronic patient record.
- May 2019Seed$261.6K
- May 2018Angel$75.4K
- May 2018Grant (prize money)$50.3K
- May 2017Grant (prize money)$116.8K
#12
Funding Raised · Puchong, Selangor · founded 2012$234.6Kraised▾
Optimize Systems provides a Clinic Management system suitable for General and Specialist Clinics. It's features include Patient data management, Appointment management, Queue management with patient calling function, Medical charting/EMR, electronic prescription, Treatment plan and package management, Inventory and supplier management, Patient invoicing, Clinic operational and financial reporting, Automated SMS/Email reminders, Medication label printing and Doctor-nurse and in-clinic instant messaging
- Sep 2019Grant (prize money)$234.6K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of HealthTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Health is moving in Malaysia
A read on the academic research around Digital Health — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 837 Malaysia-affiliated papers.
- Ministry of Health313
- Universiti Teknologi MARA61
- University of Malaya40
- National University of Malaysia39
- Universiti Putra Malaysia38
- Health administration1→4
- Health care2→83
- Health informatics11→55
- Psychological intervention2→41
- Public health6→33
- Health administration5→26
- Health care5→117
- Health informatics20→85
- Public health10→74
- Health administration15→60
- Nursing research8→40
Where digital health is researched across Malaysia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.