Venture-capital investments in digital health have skyrocketed since the pandemic. The trend continued in July, as investors pledged high dollar amounts to technology-driven health startups.
Below are five digital health startups that raised $100 million or more in July.
- Olive closed a $400 million funding round, raising the healthcare AI company's total valuation to $4 billion.
- Digital healthcare provider Carbon Health closed a $350 million series D funding round, which it said would help it "become the largest primary care provider in the U.S."
- Health information and devices company Exo raised $220 million in a series C financing round to fund the commercialization of its portable ultrasound device and workflow software.
- Deep Genomics, a startup that uses artificial intelligence to discover new drugs, closed a $180 million funding series C round.
- Behavioral health startup SonderMind raised $150 million in a series C funding round, bringing its valuation to more than $1 billion.