The digital health industry has seen nearly 300 funding deals, totaling $6.5 billion, through the first half of 2017, according to StartUp Health Insights Mid-Year Funding report.
The report analyzed public data on seed, venture, corporate venture and private equity funding for global digital health companies through June 30, 2017. StartUp Health Insights predicts industry investments to trend past $100 million throughout the remainder of the year.
Here are seven report insights:
1. May boasted the most funding of the first six months of 2017 with $1.7 billion invested in 54 companies.
2. There were more Series A deals (104) than seed deals (93) in the first half of 2017.
3. The San Francisco bay area was the most active area in the U.S. for digital health funding deals, drawing in $2.3 billion.
4. Workflow, big data/analytics, wellness, medical devices, personalized health/quantified-self and research sectors received the most Series A funding.
5. Patient/consumer experience, workflow and big data/analytics sectors received the most seed funding.
6. At mid-year 2016, there were $2.1 billion reported investments.
Click here to view the full report.
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