MedCity News August 4, 2024
Digital health investors agree that the market is settling into a steady investment pace, as well as returning to reasonable valuations. Only time will tell if this can bolster the tepid rate of exit activity in the sector.
The digital health fundraising environment has been a roller coaster over the past few years — soaring through the thrilling highs of rapid innovation and abundant capital, followed by the stomach-churning dips of market downturns and investment droughts. Not surprisingly, digital health startups seeking venture capital have been bracing themselves through the highs and lows of the market. In mid-2024, they can now finally take a breath.
The sector’s fundraising numbers for the first half of 2024 show that the investment...
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