Lexology September 30, 2021
As the world continues to shift and adapt to the ongoing COVID-19 pandemic, the digital health sector has experienced tremendous growth and the momentum has only accelerated in 2021.
According to the Digital Health Funding and M&A 2021 First Half Report released by Mercom Capital, the first half of 2021 closed with $14.7 billion invested across 372 US digital health deals with a $39.6 million average deal size. Fifty-nine percent of that funding came from 48 “mega deals” that involved over $100 million each, including one of the largest single rounds of investment in digital health history: Noom’s $540M Series F round. Overall, 359 startups were funded.
Telemedicine and Mental Health
After around a year and a half of the...