Venture capital firms invested $2.61 billion in healthcare startups last month, up 37 percent from the $1.9 billion raised during January 2018. January 2015 was the next highest month on Pitchbook’s list, when healthcare startups raised $2.16 billion.
However, analysts said during the Forbes Healthcare Summit in November that the trend may be ending. Cheri Mowrey, head of healthcare services investment banking at Morgan Stanley, and Thomas Sheehan, head of global healthcare investment banking at Bank of America Merrill Lynch, told the publication they anticipate venture capital spending in healthcare will slow in 2019.
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