Rock Health October 4, 2021
We closed out 2020 announcing that it was the first year digital health passed $10B in total funding, finishing at $14.6B.1 Not to be outdone, 2021 has already surpassed the $20B mark with three months left in the year. Between Q1-Q3, 2021’s total funding amounted to $21.3B across 541 deals, with an average deal size of $39.4M.
In this digital health funding recap, we analyze how 2021’s funding swell is changing market expectations and empowering investors to “venture” outside of historical funding patterns, with more dollars going toward women-led companies, women+ digital health,2 and health equity solutions. In light of Q3, we’ll also take a critical look at how entrepreneurs and investors can contextualize today’s opportunities and understand consolidation...
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