Mercom Capital Group June 24, 2021
Since 2013, Wearable Sensors companies raised $4.2 billion in venture funding
Digital Health Wearable companies raised $355 million in venture capital in Q1 2021, compared to $286 million in Q1 2020, a 24% increase year-over-year (YoY), according to the latest Mercom Digital Health Funding and M&A Report.
The growth-stage rounds Series B and Series C attracted most of the funding in Q1 2021. Prominent investors who participated in the funding rounds include Tiger Global, Bessemer Venture Partners, Founders Fund, and Khosla Ventures.
The wearable sensor companies funded in Q1 2021 track various health conditions like Sleep, Chronic Pain, Heart Rate, Respiratory Rate, among others.
According to International Data Corporation, worldwide shipments of wearable devices reached 153.5 million in the fourth...
Today's Sponsors
Today's Sponsor