2014 Digital Health Startup Funding Already Surpasses 2013 Totals
In 2013, investors poured about $2 billion dollars into digital health startups and early-stage companies. Between January and June of this year, $2.3 billion in investments has flowed into these companies' coffers, according to a report from accelerator Rock Health.
So far in 2014, 143 separate digital health companies have each raised more than $2 million. More than one-third of the total funding so far in 2014 has been raised by just eight companies: NantHealth ($135 million), Flatiron Health ($130 million), Alignment Healthcare ($125 million), Proteus ($120 million), MedHok ($78 million), Lumens ($71 million), Zenefits ($67 million) and Doximity ($54 million).
Funding for digital health companies has also continued to far exceed investments in traditional healthcare sectors. Digital health has seen an 85 percent year-over-year spike in funding, compared with a 22 percent increase in biotech funding and a modest 5 percent increase in funding for medical device companies.
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