Rock Health January, 2018
Executive summary
2017 was a record-smashing year for digital health, with venture funding approaching $6B and the most mega deals ($100M+) to date. While investor appetite certainly increased in 2017, exits waned with only 119 disclosed acquisitions of digital health companies and a surprising zero IPOs. However, there are more highly-capitalized, privately-held companies than ever, and investors are anxious for potential exit opportunities.
Looking back over 2017—and the seven years since we began tracking funding in 2011—it’s clear that the early game has concluded and digital health is entering the “middle innings” as an investment sector. We’re at the end of the beginning of digital health.
Over $23B flowed into digital health startups over the past seven years. But the...