Health Populi October 12, 2020
2020 will be remembered for disruption and dislocation on many fronts; among the major blips in the year will be it remembered as the largest funding year for digital health recorded, according to Rock Health’s report on the 3Q2020 digital health funding.
This funding record (“already” before year-end, tallied by the third quarter as Rock Health notes) was driven by “mega”-deals accelerated during the public health crisis of COVID-19.
In the third quarter of 2020, some $4 billion was invested in U.S. based digital health start-ups adding up $9.4 billion in 2020….so far.
This is $1.2 billion more than two years previous of $8.2 billion, up 22% from 2019.
A quote from Julie Yoo, General Partner at Andreessen Horowitz, sums...