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The Digital Health Pitch Deck: What Investors Want to See

Posted on March 19, 2024July 27, 2025 by Min-Sung Sean Kim

Your pitch deck isn’t just a PDF—it’s a filter. A litmus test. A silent first impression that determines whether an investor hits delete or leans in.

Digital health founders often get this wrong. Either it’s a glorified product demo with no business model, or it’s a 40-slide manifesto that reads like a regulatory policy doc.

In a space where both clinical outcomes and business outcomes matter, your deck has to walk a tightrope: visionary, but grounded. Clear, but nuanced. Let’s get it right.


1. The Golden Rule: Know Your Audience

You’re pitching people who:

  • Have seen thousands of decks
  • May not be doctors—but understand the industry
  • Want clarity fast

The deck’s job is not to close the round. It’s to get a meeting.


2. Ideal Structure for a Digital Health Deck

Here’s a format that works. Tweak based on stage and model.

1. Cover Slide

  • Company name, logo, tagline
  • Founder name + contact

2. Problem

  • What’s broken?
  • Who feels the pain (user + buyer)?
  • What’s the cost of doing nothing?

3. Solution

  • What you’ve built
  • How it solves the pain
  • Bonus: video demo or screenshots

4. Market

  • TAM/SAM/SOM is optional—what matters:
    • Who you’re targeting first (beachhead)
    • Why now is the right time

5. Business Model

  • Who pays you?
  • Pricing structure
  • LTV and CAC (if known)

6. Traction / Milestones

  • Pilots, users, revenue
  • Partnerships, case studies
  • Clinical outcomes (if any)

7. Go-To-Market

  • Wedge market
  • Sales model
  • Channels and early signals

8. Competitive Landscape

  • Who else is playing here?
  • Why you win
  • Defensibility (data, tech, partnerships)

9. Team

  • Bios + why this team is uniquely qualified
  • Advisors (if they’re relevant)

10. Ask

  • How much are you raising?
  • Use of funds
  • What milestone this round gets you to

3. Make the Deck Look… Not Ugly

This sounds harsh, but VCs are humans. And if your deck looks like a 2003 PowerPoint with WordArt and Times New Roman, you’re starting behind.

  • Use consistent fonts and colors
  • Add whitespace—let slides breathe
  • Include visuals: charts, photos, UI shots

Design isn’t fluff—it’s signal. Good design suggests attention to detail and user empathy.


4. What VCs Actually Look For

Mr. Min-Sung Sean Kim has scanned thousands of decks. Here’s what catches attention:

  • Clarity in the problem and target user
  • Real traction, even if early
  • Evidence of understanding regulatory hurdles
  • A believable GTM path
  • A founder who gets healthcare

Red flags? Vague go-to-market, hand-wavy revenue models, or ignoring HIPAA/FDA when clearly applicable.


5. Bonus Slides (If You Have Room)

  • Clinical Validation: Any data, trials, or published studies
  • Tech Architecture: If the stack matters (e.g. AI, interoperability)
  • Security/Compliance Overview: For B2B healthcare

Don’t bloat the deck—but if these support credibility, include them.


6. Pitch Deck Distribution: Use the Right Tools

  • DocSend: Track views and control access
  • Notion: Create a live, scrollable deck for async sharing
  • PDF: Still works—just compress it and name it smartly (e.g. AcmeHealth_SeedDeck_2025.pdf)

Final Word: Don’t Make VCs Work to Understand You

The best decks don’t impress with flash. They impress with clarity.

If a VC has to guess what you do, who it’s for, or how you’ll make money—you’ve already lost the room.

Dial in your story. And remember: the deck is just the first step. The real pitch happens live.

To prep for that, read:

  • How to Find the Right VC
  • Pitch Mistakes Founders Make
  • Investor Decision-Making Process
  • Go-To-Market Guide

  • Author
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Min-Sung Sean Kim
Min-Sung Sean Kim
Min-Sung conducts global growth investments for Allianz X, the Venture Capital unit of Allianz Group, that reaches 75m customers in 80 countries worldwide. Prior to Allianz X he was Partner of a Berlin-based venture capital fund that specialized in Digital Health Series A investments.
He has invested in startups including American Well, Neuronation, Mimi, and most notably mySugr – which was recently acquired by Roche. Min-Sung is also a contributing writer for mediums including TechCrunch and Tech.EU and studied Business Economics at Witten/Herdecke, Harvard, St.Gallen, and in Seoul.
Min-Sung Sean Kim
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Min-Sung Sean Kim

About Min-Sung Sean Kim

Digital health investor and startup mentor. Reviewed 2,300+ startups across Europe. Bridging founders and funding through real-world insights and ecosystem experience.

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Recent Posts

  • House of Pheromones: Where Scent, Science, and Behavior Meet Digital Health
  • The Non-Dilutive Funding Guide for Digital Health Startups
  • Clinical Validation for Digital Health Startups: Building Trust That Closes Rounds
  • Unit Economics for Digital Health Startups: What VCs Want to See
  • Healthcare Regulations 101 for Digital Health Startups

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