Photo credit: Rock Health
October 15, 2019
A decade ago digital health was a relatively new term, largely without name recognition. Today, the venture dollars tell a new story, with $8.1 billion poured into the space in 2018 alone, according to a Rock Health report. Still, most healthcare stakeholders agree digital health is still in its early days and is grappling with questions about its place in the health ecosystem.
Founded in 2010,...
October 2, 2019
After a very active and lucrative Q1 and Q2, funding for digital health companies has cooled a bit in Q3, according to the latest Rock Health report. The raises came in at a total of $1.3 billion this last quarter, down from the roughly $2 billion seen in Q1 and Q2.
Additionally, the report points to three major trends this quarter: more mega deals over $100 million, companies exiting via IPOs...
September 11, 2019
It doesn’t take long to scroll through any social media platform before seeing photos of new babies. But for a lot of women, getting pregnant can be an isolating experience and take longer than expected. Increasingly, the healthcare innovation industry is seeing fertility-focused startups sprouting up to support women in their journey. Now big names in the field are getting involved.
July 1, 2019
In spite of predictions that digital health funding would slow in 2019, the industry is on track for yet another record-shattering year of funding, according to the latest Rock Health report. Now at the midway point, 2019 has seen a total of $4.2 billion dollars of digital health investment dollars by the agency's count.
“If this pace holds steady, the sector is on track for an $8.4 billion year...
June 24, 2019
Last year saw record amounts of investment be plugged into European tech startups, according to the 2018 State of European Tech from investment firm Atomico.
However, 93% of that funding went to startups with all-male founding teams, and the findings resemble data compiled by market research firm Pitchbook in the US, which indicates that women-led ventures secured just 2.2% of venture capital...
(Left to Right) CVS Chief Digital Officer Firdaus Bhathena, Google Cloud Head of Product for Health & Life Sciences Dr. Joseph Corkery, Iora Health Chief Growth Officer Sonia Millsom, and Oak HC/FT Partner Nancy Brown chat onstage at a recent event in Cambridge, Massachusetts. (Photo by Jonah Comstock)
June 7, 2019
When it comes to healthcare, Google is no longer just a tool for searching symptoms at 1 a.m. The tech giant is quickly making its mark in the health industry, from fitness apps to EHR patents, and all eyes are on how the company could be a disruptive force. So far the tech giant has already seen some challenges and successes.
While Google has made headlines in health news within the last few...
June 6, 2019
Healthcare enterprises and digital health startups have a symbiotic relationship: startups need enterprise partners to test and validate their technology, and enterprises turn to startups to bolster innovation efforts beyond what they’re equipped to do in-house.
According to Rock Health Director of Research Megan Zweig, speaking this week at a Rock Health event in Cambridge, Massachusetts, this...
June 4, 2019
Digital health is still in many ways the new kid on the block within the healthcare industry. Within a short amount of time, the new field has turned the heads of investors and providers alike. But now the industry is beginning to grapple with questions around how to implement a sustainable economic business model.
“In the next five to six years or so the market is estimated to be $120 billion...
April 9, 2019
Although still in its earliest chapters, the story of digital therapeutics is beginning to pick up steam. Just six months ago, that the first software-only therapeutic cleared by the FDA, Pear Therapeutics’ reSET, kicked off a commercial launch driven by the sales channels expertise of an established pharmaceutical partner.
Proteus, meanwhile, recently expanded dealings with its long-time pharma...
April 3, 2019
The first quarter of 2019 is behind us and both Rock Health and Startup Health have released their funding report for the quarter.
Both agree that funding for Q1 2019 is down relative to other recent years. But both see other reasons to be optimistic about digital health investment.
Rock Health tracked $986 million of investment across 61 digital health deals in the US, which is lower than both...