HIT Consultant October 7, 2024
What You Should Know:
– The digital health sector maintained its “small but mighty” trajectory in Q3 2024, characterized by disciplined investments and strategic activities, according to Rock Health’s Q3 Digital Health Funding report.
– While deal counts decreased compared to previous quarters, average investment sizes remained steady, indicating a shift towards more focused funding. This trend, coupled with strategic acquisitions and a focus on enhanced product offerings, reflects a maturing market where companies are positioning themselves for long-term success.
3 Key Trends in Digital Health Funding Q3 2024
- Disciplined Investments: Venture funding reached $2.4B across 110 deals, with an average deal size of $22 million. This suggests investors are making calculated bets on fewer companies.
- Strategic...