Becker's Healthcare October 6, 2020
2020 has become the largest funding year in history for digital health, with 24 deals worth more than $100 million apiece recorded, according to a recent Rock Health report.
At $4 billion invested in digital health companies during the third quarter of 2020, the year’s total funding is now $9.4 billion. This beats the previous largest annual sum of $8.2 billion in investments in 2018, according to the report.
Here are the 24 deals totaling more than $100 million, listed largest to smallest:
1. Zwift, an interactive fitness platform for indoor cycling: $450 million.
2. XtraPi, digital drug discovery and development platform: $319 million.
3. Classpass, online monthly fitness membership program: $285 million.
4. Alto, on-demand prescription delivery service: $250 million.
5. Ro, telemedicine...