digital health funding

By Jonah Comstock April 20, 2017
The first quarter of 2017 has been an impressive one for digital health funding. MobiHealthNews tracked a staggering 46 deals in January, February, and March, totaling $1.47 billion ($1.35 billion in equity and $12 million in debt). Even dropping the outlier that is Verily’s $800 million round, that still adds up to more than $600 million in investment, not to mention eight more funding rounds...
By Bill Siwicki April 17, 2017
Venture capital funding in the health IT sector almost doubled quarter over quarter for the first part of 2017, coming in at $1.6 billion in 165 deals compared to $845 million in 159 deals in Q4 2016, research firm Mercom Capital Group said in its new report.  VC funding in Q1 2017 also was up compared with Q1 2016, when nearly $1.4 billion was raised in 146 deals, Mercom Capital said. The...
By Jonah Comstock April 4, 2017
The reports are out, and both StartUp Health and Rock Health agree that Q1 2017 was a strong quarter for digital health funding, with over $1 billion in deals. Beyond those broad strokes, StartUp Health and Rock Health, two organizations that track industry funding, differ on the details and trends. Rock Health reports the funding for the quarter as just over $1 billion, spread across 71 deals....
By Heather Mack March 15, 2017
Seattle-based venture capital firm Biomatics Capital, which focuses on companies innovating around healthcare and technology, has closed its initiatory fund of $200 million. This exceeds the firm’s target of $150 million and spans a range of investors including individuals, family offices and institutions. Biomatics is particularly interested in genomics and digital health, and will use this fund...
By Heather Mack January 5, 2017
Online network PatientsLikeMe, which serves as an information, support and study recruitment source for people living with chronic conditions, has secured $100 million in new funding, largely from a new partnership with health data and genomics company iCarbonX. Existing investor Invus also contributed to the funding round, which is still open. “This partnership is very exciting, as it...
By Jonah Comstock January 4, 2017
According to Rock Health's new end-of-the-year funding report, total digital health funding was down to $4.2 billion, an 8 percent drop from 2015's total of $4.6 billion. But even though less money was infused into the industry, 8 percent more companies received funding: 296 versus 273 last year, a record number of companies funded. Interestingly, nearly 20 percent of the funding was wrapped up...
By Jonah Comstock October 7, 2016
For the third quarter of 2016, MobiHealthNews tracked just shy of $600 million in deals. While a few large deals anchored the quarter, the majority of the 45 we tracked this quarter were small; only seven were more than $20 million, most were $10 million or less. For this analysis, we’ve omitted investments in joint ventures like Verily and Sanofi’s OnDuo as well as grant funding. Read on for the...
By Heather Mack September 28, 2016
This year has proven to be a time of reckoning for digital health funding, with few IPOs living up to their expectations, venture capital funds becoming more selective, and scrutiny of startups increasing, said a panel of investors at Health 2.0 in Santa Clara. That said, however, money is still flowing into the industry, but expect a shift in the next year, with more private-to-private mergers...
By Heather Mack September 21, 2016
Artificial intelligence and big data are shaping up to have the biggest impact on the healthcare industry, and most of that money will be coming from venture capital funds, according to a new survey of digital health executives and investors. Silicon Valley Bank surveyed 122 founders, executives and investors in health technology, asking about the biggest opportunities and threats for the...
By Heather Mack July 19, 2016
As we come to the midyear point of digital health funding, two reports from Rock Health and CB Insights offer up analysis of how 2016 is coming along.   Rock Health reported just more than $2 billion in total venture funding – on track with the levels of both 2014 and 2015. While funding hasn’t continued to surge upwards as it has in the past, Rock Health analysts Mitchell Mom and Ashlee Adams...