Mercom Capital Group July 14, 2021
Telehealth companies lead financing activity with almost $5 billion
Global VC funding for Digital Health companies in the first half (1H) of 2021 shattered all previous 1H funding records, with $15 billion. Funding activity was up by 138% during 1H 2021, compared to $6.3 billion raised in 1H 2020.
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Corporate funding into digital health companies, including VC, public market financing, and debt totaled $19 billion in 1H 2021.
In Q2 2021, Digital Health companies raised a record $7.7 billion in 195 deals, a 7% increase quarter-over-quarter (QoQ) compared to $7.2 billion raised in 179 deals in Q1 2021. Year-over-year (YoY) funding was up by 175%...