MedCity News November 27, 2023
One investor is most interested in mental health startups that focus on high acuity care, while another wants to see companies that are built with the end-user in mind, they shared during recent interviews.
It’s a more difficult fundraising climate for health tech companies today than it was a couple of years ago when virtual care boomed during the Covid-19 pandemic. Mental health companies in particular saw a rise in popularity, with mental health tech startups raising $5.5 billion globally in 2021. So what are investors looking for now from mental health startups?
One investor wants to see a stronger focus on high acuity care, noting that a majority of healthcare costs are driven by high acuity conditions.
“I...
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