Digital health startups raised $11.5B in 2017, a new record high: 6 things to know

In 2017, digital health startup funding far exceeded expectations, according to StartUp Health Insights' Year End Report.

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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