Mercom Capital Group June 3, 2021
Since 2010, personal health and wellness companies have raised $5.1 billion in funding
Digital personal health and wellness companies secured $585 million in Q1 2021 compared to $363 million in Q4 2020, a 61% increase quarter-over-quarter.
Year-over-year funding increased by 372% in Q1 2021 compared to $124 million raised in Q1 2020, according to Mercom’s Q1 2021 Digital Health Funding and M&A Report.
Top funded digital personal health and wellness companies in Q1 2021:
Tonal, a connected home fitness system, raised $250 million in the latest funding round, valuing the company at $1.6 billion. The Series E round was led by Dragoneer, a growth-oriented investment firm, with participation from Cobalt Capital, new athlete investors, and existing investors, including L Catterton...
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