Behavioral Health Business September 13, 2023
The digital health investment environment is at a multiyear low. But the behavioral health industry represents a bright spot during a time when venture capital investment in digital health companies has hit near famine status.
In the second quarter of 2023, total venture capital investments for digital health companies totaled $900 million across 73 deals. Teletherapy and other behavioral health startups accounted for $378 million, according to a recent report by PitchBook.
PitchBook tracked deals cumulatively valued at $1.7 billion during the same period in 2022 and $1.2 billion in the first quarter of 2023.
“Though not unexpected, investment in behavioral health has also been strong, and Q2 saw two notable deals in the space: Spring Health’s $71.0 million...
Today's Sponsors
Today's Sponsor