Health Populi July 7, 2020
The pace of digital health investments quickened in the first half of 2020, based on Rock Health’s look at health-tech financing in mid-year.
Digital health companies garnered $5.4 billion in the first half of the year, record-setting according to Rock Health. Underneath this number were very big deals, shown by the size of the blue bubbles in the first graphic from the report. Note that in H1 2020, the average deal size exceeded $25 mm.
Among the largest deals valued at over $100 mm were ClassPass (raising $285 mm), in the business of virtual fitness classes; Alto Pharmacy, a digital prescription service ($250 mm); AmWell, the telehealth company ($194 mm); Element Science (wearable defibrillators, $146 mm); and, Insitro (rising $143...
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