The first quarter of 2021 was digital health's most-funded quarter to date, and investors continued the trend in May by pledging high dollar amounts to technology-driven health startups.
Below are 11 digital health startups that raised $100 million or more in May.
- Weight loss app Noom raised $540 million in a series F funding round.
- Collective Health, a healthcare benefits platform for employers, raised $280 million in a series F funding round.
- At-home diagnostics company Cue Health, raised $235 million.
- PathAI, which provides artificial intelligence-powered technology for pathology, raised $165 million in a series C funding round.
- Digital therapeutics company Akili raised $160 million in a series D funding round.
- Axtria, which makes AI software for pharmaceutical companies, raised $150 million.
- Healthcare technology company Huma raised $130 million in a series C funding round.
- Virtual chronic care platform Vida Health raised $110 million in a series D funding round.
- Aetion, a company that delivers real-world evidence for medical treatments and technologies, raised $110 million in a series C funding round.
- Oura, a company that sells fitness rings, raised $100 million in a series C funding round.
- Medically Home Group, a tech services company that powers hospital-at-home programs, received a total of $100 million in investment funding from Rochetser, Minn.-based Mayo Clinic and Oakland, Calif.-based Kaiser Permanente.