HealthExec October 15, 2019
Digital health companies continued raking in venture capital during the first three quarters of 2019, according to a new report from Mercom Capital Group, but the number of deals and the value is about 10% lower year over year.
During the third quarter of 2019, digital health companies pulled in $2 billion in venture capital funding across 156 deals, compared to 169 deals in the previous three-month period that accumulated $3.1 billion in funding. Year over year, venture capital funding dropped 35% compared to the third quarter of 2018, which brought $3.1 billion in 173 deals.
For the first three quarters of 2019, digital health deals have yielded $7.2 billion in 474 deals. During the same period in 2018, 556...
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