After hitting record levels in 2018, venture funding for digital health companies leveled off in the first quarter of 2019, dropping 19% compared to the first quarter of 2018, according to a new report.
In the first quarter of 2019, $2 billion raised in 149 deals compared to nearly $2.5 billion was raised in 187 deals in the same quarter of 2018, according to the report from Austin, Texas-based Mercom Capital Group, a communications and research firm. Venture funding was up compared to the fourth quarter in 2018, which brought in $1.4...