Digital health companies raised $1.2 billion in the third quarter, pushing the total funding for 2017 to a historic annual high of $4.7 billion. Of the 83 deals made this quarter, 16 percent were made by companies led by female CEOs.
While the average deal size for companies with a male CEO was $11.4 million, companies led by female CEOs raised an average of $31.4 million.
The Rock Health data includes a $250 million round of funding for 23andMe, a personal genomics company led by Anne Wojcicki. Excluding that mega deal, companies with female CEOs still raised an average of $12.2 million.
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