MobiHealth News April 8, 2020
The first three months of 2020 shattered all previous Q1 digital-health-funding records – amounting to a $3.1 billion in new investments – according to a new Rock Health report. Set against the backdrop of a global pandemic, this early funding success may not be indicative of a trend for the entire year.
“Of course, this is not a post about historic funding levels – it is a story of healthy funding momentum cut off at the knees by a global pandemic,” authors of the Rock Health report wrote. “Though some of the economic blow will be tempered by demand for connected healthcare, we do not anticipate investment activity to keep pace with Q1 levels in the coming months.”
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