Telehealth, analytics drive digital well being’s VC progress
Digital well being continues to interrupt funding data as corporations throughout the globe raked in $8.1 billion in enterprise capital through the third quarter.
Investments within the second quarter had already reached a all-time excessive with digital well being corporations scooping up $7.7 billion, as the cash pumped into the sector continues to build up. Over the previous 12 months, every quarter has set a file for enterprise capital going to digital well being startups, in line with information from Mercom Capital Group, a market analysis agency that is tracked digital well being since 2010.
Enterprise capital traders have poured $23 billion into digital well being corporations to date this 12 months, which is greater than throughout all of 2020.
1. Telehealth: $2.5 billion (up 74.1{9408d2729c5b964773080eecb6473be8afcc4ab36ea87c4d1a5a2adbd81b758b} year-over-year). Telehealth continues to steer digital well being funding. Whereas telehealth utilization has dropped for the reason that early phases of the COVID-19 pandemic, healthcare executives nonetheless anticipate telehealth to stabilize at a better fee than earlier than the pandemic. The highest telehealth deal within the quarter was a $400 million Sequence