The first half of 2018 has been another standout six months for digital health investments, which comprised a total of $3.4 billion according to Rock Health’s latest midyear report. While this comes in just a hair under the $3.5 billion recorded by the seed fund during the same time last year, a couple of key trends and last year’s weaker finish gives digital health investors a strong shot at...
Rock Health and StartUp Health, two groups that track investment in digital health, have come out with their respective quarterly reports on funding in the space, and both agree on a couple of interesting insights: that Q1 2018 is the largest Q1 yet, that larger late-stage deals contributed disproportionately to that total, and that investment is increasingly coming from non-traditional investors...
In many ways, 2017 was a banner year for digital health funding, according to Rock Health's annual report, which puts funding for the year at a record $5.8 billion.
In other ways, however, the year fell short, with a drop in mergers and acquisitions and not a single IPO in the space all year.
"2017 saw the greatest amount of funding being poured into digital health to date, with a steady but not...
Digital health funding may have started off at an unremarkable pace in the first quarter of 2017, but halfway through the year, that is clearly no longer the case. According to Rock Health’s midyear report, the record-breaking number of deals and some of the largest investments ever made in digital health saw the second quarter taking the industry into what may end up being the higest-funded year...
The reports are out, and both StartUp Health and Rock Health agree that Q1 2017 was a strong quarter for digital health funding, with over $1 billion in deals. Beyond those broad strokes, StartUp Health and Rock Health, two organizations that track industry funding, differ on the details and trends.
Rock Health reports the funding for the quarter as just over $1 billion, spread across 71 deals....
According to Rock Health's new end-of-the-year funding report, total digital health funding was down to $4.2 billion, an 8 percent drop from 2015's total of $4.6 billion. But even though less money was infused into the industry, 8 percent more companies received funding: 296 versus 273 last year, a record number of companies funded.
Interestingly, nearly 20 percent of the funding was wrapped up...
Consumer adoption of digital health has reached its tipping point. More people than ever are using wearable devices, accessing telemedicine, and going online to search health information. They are also more willing to pay for digital health tools, more willing to share their data, and want to take more ownership of their health, according to a new report from San Francisco-based venture fund Rock...
Digital nutrition platform Zipongo has raised $18 million in new funding and will use the funding to continue to move more deeply into the healthcare space. The round was led by Mayfield (whose other health investments include Basis Science, HealthTap, Lantern, Brighter, and Finrise), with participation from existing investors including Excel Venture Management.
Zipongo's platform consists of a...
Bill Evans has joined Rock Health as the digital health seed fund company’s new managing director. Evans has worked with Rock Health since the company’s early days, and has worked at Genentech and Roche Diagnostics in informatics and product development roles. Prior to Genentech, Evans was a senior software engineer at Epinions and an analyst at Goldman Sachs.
“As a leader at one of our long-time...
We’re three quarters of the way through 2016, two reports from Rock Health and StartUp Health give a closer look into how this year’s digital health funding landscape is looking.
StartUp Health expects 2016 to be the biggest year yet for digital health funding yet, and counted $2.4 billion in deals for the third quarter. The company, which counts the year to date at $6.5 billion, also counted an...