Fierce Health Payer July 30, 2021
Heather Landi

Despite investor fears of a telehealth slowdown, the market banked a record-setting $5 billion in 163 funding deals in the second quarter of 2021.

Global telehealth investment rose for the fourth consecutive quarter, growing 17% quarter over quarter and 169% year over year, according to a new report from market intelligence company CB Insights.

The nascent telehealth space is beginning to show signs of maturity, as, so far in 2021, early-stage deals are tracking at a historical low while late-stage deal share is at a high, the report said.

In the second quarter, the top five deals alone were worth $1.6 billion, representing 30% of quarterly funding.  

At the top of the list, Noom, an app that helps people lose weight by focusing on...

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Topics: Digital Health, Health IT, Investments, Survey / Study, Technology, Telehealth, Trends
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