Healthcare DIVE July 19, 2024
While the number of deals reached its lowest levels since 2014, the average deal size for the first half of 2024 was 40% higher than the year prior.
Dive Brief:
- Global digital health funding declined in the second quarter, and the number of deals reached its lowest level since 2014, according to a new report by CB Insights. But there are some bright spots in the sector, like larger check sizes and an increase in exits.
- Startups raised $2.9 billion across 235 deals worldwide, a 26% decline quarter over quarter, according to the market research firm.
- But the annual average deal size for the first half of 2024 reached $16.7 million, an increase of 40% from 2023...
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