Digital health funding in first half of 2019 hits record $5.1B
Global venture capital funding for digital health companies in the first half of 2019 hit $5.1B with 318 deals, the highest amount raised in the first six months of a year so far, according to a new report from Mercom Capital Group.
Global digital health firms have received over $40B in venture capital funding deals since 2010, with U.S. companies raising approximately $30B to date. While funding activity was robust for digital health, merger and acquisition activity was weak in the first half of 2019. Additionally, there has been one IPO for $179.4M, Change Healthcare. Four other companies have also filed to go public: Livongo, Health Catalyst, Phreesia, and Peloton.
