ANDHealth
ANDHealth is Australia's national digital and connected health commercialization intermediary, running government-funded accelerator and incubator programs — including ANDHealth+, CUREator+, and ACTIVATE — that provide non-dilutive funding, mentoring, and regulatory support to Australian digital health SMEs from ideation through international market entry.
- Company typePrivate
- Founded2017
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ANDHealth does
ANDHealth Pty Ltd, founded in 2017 by CEO Bronwyn Le Grice and headquartered in Melbourne, is Australia's national commercialization intermediary for the digital and connected health sector. It operates as a privately held, mission-driven organization — effectively a non-commercial delivery vehicle for State and Federal Government health innovation programs — that runs accelerator, incubator, and capability-development programs for Australian digital health SMEs from ideation through international expansion. Its core technology comprises proprietary program design, evaluation, and maturity assessment frameworks that underpin its suite of programs: ANDHealth+ (up to A$5M non-dilutive funding per SME, 24-month program), CUREator+ (A$50M national incubator for biomedical and digital health research translation, delivered with Brandon BioCatalyst), CUREator+ Dementia & Cognitive Decline (with Dementia Australia), ACTIVATE (six-month Victorian accelerator for 15 companies annually, funded by LaunchVic), BRIGHT Ideate/Innovate, TGA SaMD Regulation Navigation Support, Masterclass, Office Hours, and CHICC. ANDHealth is funded primarily by the Australian Government Medical Research Future Fund (A$33M awarded in July 2025 for ANDHealth+; A$50M in 2021 for CUREator+) with additional State-level support from LaunchVic and the Victorian Government.
The business model is grant-funded, not commercial: SMEs receive non-dilutive funding, mentoring, education, regulatory navigation, and access to a curated global network of advisors, investors, clinicians, and corporate partners (Allianz, AIA, AstraZeneca, Bupa, Medibank, IBM, Cochlear) at no cost and without equity or IP transfer. Go-to-market is event- and community-driven via the annual ANDHealth Unfiltered Summit, commercialisation showcases, international delegations to the UK/EU and USA, and a referral network spanning universities (Monash), research institutes (MCRI), hospitals (Royal Melbourne Hospital, Peter Mac), and commercialization partners (Planet Innovation, Curve Tomorrow, Commercial Eyes). Pricing for SMEs is free; the de facto pricing model is competitive application-based selection into funding tranches.
According to an independent L.E.K. Consulting economic impact assessment, ANDHealth+ companies raise A$19.70 in follow-on financing and generate A$6.70 in new revenue per A$1 invested — outcomes 2.5x–13x above peer accelerators — supporting 28 companies that collectively raised A$203.2M, generated A$90.8M in new revenue, created 535 FTE, impacted 4.19M patients, achieved 30 regulatory approvals, and launched into 48 international markets.
ANDHealth firmographics
Firmographics- Name
- ANDHealth
- Legal name
- ANDHealth Pty Ltd
- Website
- https://andhealth.com.au
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ANDHealth is Australia's national digital and connected health commercialization intermediary, running government-funded accelerator and incubator programs — including ANDHealth+, CUREator+, and ACTIVATE — that provide non-dilutive funding, mentoring, and regulatory support to Australian digital health SMEs from ideation through international market entry.
- Ownership category
- akta.pro rank
ANDHealth industry classification
Industry- Product category
- Digital Health Accelerator Services
- NAICS
- Health and Welfare Funds (525120), Computer Systems Design and Related Services (54151)
- SIC
- Services-Health Services (8000), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Health Access & Social Care Innovations (Community Health, Telehealth for Underserved) (BPAGALAG)
Keywords
Where ANDHealth is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
ANDHealth business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Government Grants and Funding: ANDHealth operates as a non-profit organization supported by Federal and State Government funding. The organization delivers MRFF-funded programs (Medical Research Future Fund) including ANDHealth+ ($33 million awarded in July 2025) and CUREator+ ($50 million program). Additional support comes from LaunchVic and Victorian Government funding for ACTIVATE program.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | ANDHealth+ - Up to $5M non-dilutive funding |
| Other | Multi-year contract | CUREator+ - Up to $5M non-dilutive grant funding |
| Freemium | Annual | ACTIVATE - Free accelerator program |
| Freemium | Pay-as-you-go | TGA SaMD Regulation Support - Free workshops and coaching |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels8 records
ANDHealth product offering
Product offeringCore offering
ANDHealth operates an integrated ecosystem providing commercialization support and non-dilutive investment to digital and connected health SMEs across Australia. The organization delivers accelerator and incubator programs (ANDHealth+, CUREator+, ACTIVATE), mentoring, education, events, international delegations, and joint TGA regulatory navigation support for Software as a Medical Device (SaMD) companies, powered by proprietary program design, evaluation and maturity assessment frameworks.
Differentiator
Problem solved
Functional benefit
Brands
- ANDHealth+: Australia's leading digital and connected health accelerator program providing up to $5 million non-dilutive funding for selected Australian SMEs
- CUREator+
- ACTIVATE
- TGA SaMD Regulation Navigation Support
- Office Hours
Products and services
- ANDHealth+
- CUREator+
- CUREator+ Dementia & Cognitive Decline
Quantifiable outcome
- $19.70 in follow-on financing raised per dollar invested through ANDHealth+
- +7 more outcomes
Companies that use ANDHealth
Customer profileNamed customers19 records
Segments4 records
Ideal customer profiles4 records
ANDHealth technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ANDHealth partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- L.E.K. ConsultingcoreL.E.K. Consulting partnered with ANDHealth to support the advancement of Australia's digital health sector through strategic and analytical support. The collaboration aims to quantify the impact of health innovations in Australia and promote their global competitiveness.
- Brandon BioCatalystcoreDelivers CUREator+ program, a $50 million national program focused on accelerating research translation and commercialisation of early-stage Australian medical research and innovations. Brandon BioCatalyst is managed by Brandon Capital.
- Dementia AustraliacorePartnership for CUREator+ Dementia & Cognitive Decline incubator program to support development of novel approaches for the estimated 433,300 Australians living with Dementia and 1.7 million caregivers.
- Therapeutic Goods Administration (TGA)coreJoint TGA-ANDHealth initiative providing regulation and registration support for digital medical software companies. Includes webinars, one-on-one coaching, and support navigating Software as a Medical Device (SaMD) regulations.
- Monash UniversityminorPartner network member providing expertise and resources to companies supported by ANDHealth programs.
- Murdoch Children's Research Institute (MCRI)minorPartner network member providing research expertise and resources to digital health companies.
- Royal Melbourne HospitalminorPartner network member providing clinical expertise and hospital network access.
- Planet InnovationminorPartner network member providing commercialization expertise and resources.
- Curve TomorrowminorPartner network member providing digital health expertise and resources.
- Peter MacCallum Cancer CentreminorPartner network member providing oncology expertise and research capabilities.
- Commercial EyesminorPartner network member providing commercialization and regulatory expertise.
- Aikenhead Centre for Medical Discovery (ACMD)minorPartnership for CHICC Expert Workshops and ACMD Link events providing advanced manufacturing and research translation capabilities.
- Australian Medtech Manufacturing Centre (AMMC)minorPartner for workshops on navigating the Australian medtech market and manufacturing sector development.
- Mayo ClinicminorStrategic partner providing global healthcare expertise and potential investment in ANDHealth+ portfolio companies.
Scale indicators35 records
Recent moves6 records
Expansion highlights6 records
ANDHealth competitors and assessment
Company assessmentRegional players
- HLTH Foundation: US non-profit affiliated with the HLTH conference that runs programs and events supporting digital health innovation; comparable as ecosystem-builder for the digital health sector but focused on US/EU rather than Australia.
Direct peers
- Startmate: Australia's leading early-stage tech accelerator; directly comparable as a domestic accelerator program competing for the same Australian founder talent pool, though with a broader (not health-focused) mandate.
- Cicada Innovations: Australia's deep-tech incubator running multi-stage commercialization programs for science and technology ventures; overlaps with ANDHealth on healthtech and on government-backed non-dilutive support models.
- Brandon BioCatalyst: Australian life-sciences venture firm and ANDHealth's CUREator+ delivery partner; comparable as a translational biomedical commercialization platform with overlapping portfolio companies and shared MRFF funding streams.
- LifeArc: UK-based medical research charity that runs translational funding and commercialization programs for health technologies; closely analogous to ANDHealth's accelerator/incubator model with non-dilutive funding and venture-creation capabilities.
- Cedars-Sinai Accelerator: US hospital-based digital health and medtech accelerator; comparable as a hospital/clinical-anchored accelerator providing non-dilutive support, mentorship, and clinical validation to growth-stage digital health companies.
- Mayo Clinic Platform Accelerate: US health system-led accelerator for AI-enabled and digital health startups; offers a 20-week program with Mayo Clinic validation, comparable in structure to ANDHealth+ but anchored in a global health-system brand.
- DigitalHealth.London: UK digital health accelerator delivered through a partnership of NHS organizations and academia; closely comparable to ANDHealth in model (NHS-backed, multi-stage, non-dilutive) and target market (evidence-based digital health SMEs).
Broad incumbents
- Mass General Brigham Innovation: US hospital system's innovation and venture arm supporting digital health and life-sciences commercialization; comparable as a large incumbent providing similar accelerator and venture support but with broader portfolio across multiple therapeutic areas.
Emerging players
- HealthXL: Global digital health intelligence and community platform connecting enterprises with health startups; comparable as an ecosystem intermediary for digital health commercialization, though lighter-touch than ANDHealth's program-based model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
ANDHealth social profiles
Digital presenceANDHealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
ANDHealth leadership team
Management profileNumber of profiles
Profiles4 records
ANDHealth funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ANDHealth M&A and investment
M&A and investmentM&A
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ANDHealth
What does ANDHealth do?
ANDHealth operates an integrated ecosystem providing commercialization support and non-dilutive investment to digital and connected health SMEs across Australia. The organization delivers accelerator and incubator programs (ANDHealth+, CUREator+, ACTIVATE), mentoring, education, events, international delegations, and joint TGA regulatory navigation support for Software as a Medical Device (SaMD) companies, powered by proprietary program design, evaluation and maturity assessment frameworks.
Is ANDHealth a public or private company?
ANDHealth is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ANDHealth founded?
ANDHealth was founded in 2017. It employs 11 to 50 people.
Where is ANDHealth based?
ANDHealth is headquartered in Melbourne, Australia, in the Oceania region.
How does ANDHealth make money?
One revenue line is on record: government Grants and Funding.
Who are ANDHealth's main competitors?
HLTH Foundation is listed as a regional player. Direct peers are Startmate, Cicada Innovations, Brandon BioCatalyst, LifeArc, Cedars-Sinai Accelerator, Mayo Clinic Platform Accelerate and DigitalHealth.London. Mass General Brigham Innovation is listed as a broad incumbent. HealthXL is listed as an emerging player.
Does ANDHealth have an API?
No public API is recorded for ANDHealth.
What industry is ANDHealth in?
ANDHealth's product category is Digital Health Accelerator Services. Its primary akta.pro industry code is BPAGALAG, Health Access & Social Care Innovations (Community Health, Telehealth for Underserved). Its NAICS code is 525120 and its SIC code is 8000.