Digital health raises $6.7B in Q1: 25 startups that raised over $100M

Digital health startups garnered $6.7 billion in venture funding during the first quarter of 2021, making it the sector's most-funded quarter to date, according to a report released April 5 by Rock Health.

The average deal size during the first quarter was $45.9M, compared to $31.7 million in 2020. The sector is on track to significantly outpace the $14 billion it raised last year.

Below are the 25 startups that raised more than $100 million in the first quarter of 2021:

  1. Ro raised $500 million in a series D funding round.

  2. Insitro raised $400 million in a series C funding round.

  3. Hinge Health raised $300 million in a series D funding round.

  4. Tonal raised $250 million in a series E funding round.

  5. Komodo Health raised $220 million in a series E funding round.

  6. Cedar raised $200 million in a series D funding round.

  7. DispatchHealth raised $200 million in a series D funding round.

  8. Valo raised $190 million in a series B funding round.

  9. Lyra Health raised $187 million in a series E funding round.

  10. Color raised $167 million in a series D funding round.

  11. Evidation raised $153 million in a series E funding round.

  12. Zocdoc raised $150 million.

  13. Unite Us raised $150 million in a series C funding round.

  14. Strive Health raised $140 million in a series B funding round.

  15. K raised $132 million in a series E funding round.

  16. BetterUp raised $125 million in a series D funding round.

  17. Cellarity raised $123 million in a series B funding round.

  18. Clarify Health raised $115 million series C funding round.

  19. Valo Health raised $110 million in a series B funding round.

  20. Innovaccer raised $105 million in a series D funding round.

  21. BrightInsight raised $101 million in a series C funding round.

  22. Ginger raised $100 million in a series E funding round.

  23. Aledade raised $100 million in a series D funding round.

  24. Paige raised $100 million in a series C funding round.

  25. Rightway raised $100 million in a series C funding round.

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