Mercom Capital Group April 28, 2021
Venture funding into mHealth funding increased by 94% year-over-year; 107% quarter-over-quarter
mHealth companies saw a strong surge in funding activity, raising a record $1.4 billion VC funding in Q1 2021. The funding increased by 94% year-over-year (YoY), compared to $728 million raised in Q1 2020.
The quarter-over-quarter (QoQ) funding increased by 107% in Q1 2021, compared to $683 million raised in Q4 2020, according to the recently released Mercom’s Q1 2021 Digital Health Funding and M&A Report.
Within the mHealth category, mobile health apps led the financing activity in Q1 2021 with $912 million, a 116% increase compared to $421 million in Q4 2020. Wearable Sensors companies raised $355 million in Q1 2021, a 216% increase compared to $112 million...
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