For its report, StartUp Health reviewed and consolidated publicly available data on digital health startup funding.
Here are six report insights.
1. Digital health startups saw over $11.5 billion of capital poured into their businesses, making 2017 the largest year ever recorded for digital health funding. For comparison, 2016 reported $8.2 billion in funding and 2015 reported $6.2 billion in funding.
2. In 2017, there were 794 deals, compared to 658 in 2016 and 550 in 2015.
3. The fourth quarter of 2017 alone saw $2.3 billion in funding across 227 deals.
4. The months of May and September recorded multiple deals valued at $100 million or more.
5. Here are the top five largest deals of 2017:
- Grail ($914 million)
- Guardant Health ($260 million)
- Peloton ($325 million)
- Auris ($280 million)
- 23andMe ($250 million)
6. The top five digital health sectors venture capitalists are investing in are as follows, based on the total amount of funding raised in 2017:
- Patient and consumer experience ($1.64 billion)
- Personalized health ($1.59 billion)
- Big data and analytics ($1.39 billion)
- Medical device ($1.37 billion)
- Wellness ($1.12 billion)
Click here to view the full report.
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