HealthLeaders Media January 11, 2021
2020 is a record year for VC funding; companies raise a record $1.8 billion; telemedicine was leading target.
KEY TAKEAWAYS
– Venture funding for the digital health sector increased by 66% over 2019.
– Telemedicine raised $4.3 billion in venture capital.
– Six digital health companies issued IPOs, raising a total of $6.2 billion.
2020 was a good year for digital health. Venture funding for the sector shot up 66% over 2019, with a record $14.8 billion raised globally in 637 deals, according to Mercom Capital Group, a global communications and research firm. Telemedicine was the leading investment target, receiving $4.3 billion in venture capital funding during 2020.
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