Fierce Health Payers July 6, 2020
Digital health is on pace to have its largest funding year ever thanks to the rising demand for virtual care and disease monitoring.
U.S. digital health companies raised $5.4 billion in venture funding across the first six months of 2020. The first half of 2020 saw more funding than any previous first half of the year from 2011 to 2019 and beat the prior record of $4.2 billion set in H1 2019, according to venture capital firm Rock Health’s mid-year report.
It has been a roller coaster ride for digital health funding in 2020 so far. After coming out of the gates quickly with a record $3 billion in funding in Q1, digital health investment—and overall venture funding—hit the brakes...