Healthcare DIVE October 8, 2024
Startups notched just 110 deals in the third quarter, compared with 133 in the second quarter. But average deal size held steady.
Dive Brief:
- Investors inked fewer digital health funding deals in the third quarter, but average check sizes stayed consistent quarter to quarter, according to a report released Monday by Rock Health.
- U.S. digital health startups received $2.4 billion in venture capital investment across 110 deals in the third quarter this year. That’s a decline from the 133 deals recorded last quarter, but average deal size held at $22 million in the second and third quarters — suggesting funders are making “fewer, more focused bets,” according to the consultancy and venture capital firm.
- Merger and acquisition activity...