Corporate venture capital-backed deals in digital health reached an all time funding high in 2021 at $16.6 billion, with many healthcare and tech companies investing in the industry.
Google Ventures has held the top spot for four consecutive years as the most active investor. Other healthcare companies also actively investing in digital health are Johnson & Johnson, which closed nine deals, Optum, which closed 11 deals, and Kaiser Permanente Ventures, which closed 10 deals. CVS Health also recently launched a venture arm with $100 million in funding to dole out.
Other non-healthcare related companies are also investing in the digital health scene, with Salesforce Ventures, Koch Disruptive technologies and Wells Fargo all making bets on start-ups.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.