Behavioral Health Business July 11, 2024
Mental health received the most funding of any digital health care segment in the first half of 2024.
Investors poured $682 million into digital mental health in H1, according to a new Rock Health report. Overall funding in digital health care has seen improvement thus far, with fatter early-stage checks and the proportion of unlabeled deals declining.
“It’s been a rocky few quarters, but the digital health sector is resilient—and we’re seeing measured momentum in funding and exits to prove it,” the report’s authors wrote.
If the second half of 2024 keeps pace with the first, total funding dollars and deal counts could exceed 2019 and 2023 levels. The years 2019 and 2023 are valuable comparisons, the report’s...