A trio of reports released by New York City-based StartUp Health, San Francisco-based Rock Health and Santa Clara, Calif.-based Silicon Valley Bank revealed the fundraising landscape for digital health investments remains promising, according to Forbes.
Here are three things to consider when investing in digital healthcare, according to the reports.
1. StartUp Health estimated nearly $6.5 billion has been invested into digital health deals in the first three quarters of 2016, compared with the more than $6.1 billion that was invested during the entire year of 2015.
2. SVB suggested the best opportunities to invest in are companies or organizations that connect the patient experience with real-world data or clinical-grade data.
3. With respect to U.S.-based companies, both StartUp Health and SVB claimed companies located in the San Francisco Bay area continue to attract the most capital, roughly $1.2 billion ─ almost twice as much as the amount of capital invested into companies located in New York or Boston.