The new billion-dollar wave in women+ digital health
“Half the population is no niche.” — Investor Chrissy Farr
From January-August 2021, women+ digital health startups raised $1.3B across 26 deals—nearly doubling all of 2020’s funding with four months left to account for. Funding for the women+ health sector represents 7% of total digital health funding in 2021 (through August), the second-highest proportion since we started tracking in 2011. We’re encouraged that 2021’s new wave of women+ funding pushes beyond historical norms of pregnancy and fertility support to more comprehensive offerings, from primary care to chronic disease management and menopause health. Check out our latest piece on what’s booming in the women+ digital health market, and the opportunities that entrepreneurs and investors should tackle next.
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Headlines
Verily Looks To Untangle Itself From Google As It Readies For A Potential IPO
The “Flywheel” project is designed to help the life sciences unit stand on its own two feet Insider
Unite Us Snaps Up Fellow Population Health Company NowPow
More M&A from Unite Us after acquiring Carrot Health in August MobiHealthNews
FDA Launches Database Of Cleared AI/ML-Enabled Medical Devices
Searchable resource with 343 AI/ML-enabled devices cleared to date FDA
Walmart, Large Employers Launch Virtual Care To Tackle Black Health Disparities
Partnership with Grand Rounds and Doctor On Demand focused on health equity Fierce Healthcare
7 Things To Know About Aetna, BCBS, Cigna, Anthem's Virtual Care Strategies
Payers have solidified virtual care strategies Becker’s Hospital Review
AHIMA, AMIA, EHRA Call For Consensus On Electronic Health Information
New report on how EHI should be managed and used under the Cures Act Final Rule Healthcare IT News
If We Want Healthcare Equity, We Need To Get Radical
An op-ed on building “Healthcare Fluency” from the Founder and CEO of Radical Health Latina
Apple Is Working On iPhone Features To Help Detect Depression, Cognitive Decline
Potential signals include facial expressions and typing metrics The Wall Street Journal
Recent Funding
- Research hub for clinical trials Elligo takes in $135M
- Virtual care collaboration software Pager bags $70M
- Travel health job marketplace Nomad Health nets $63M
- Telehealth platform provider eVisit grabs $45M
- Online mental healthcare for anxiety, depression, and burnout Meru Health adds $38M
- Virtual therapy for OCD support NOCD adds $33M
- Precision medicine startup for African genomics 54gene raises $25M
- Asynchronous virtual care platform for women+ Alpha Medical gets $24M
- Software infrastructure for digital tools Xealth secures $24M
- AI-enabled fall detection and dementia care SafelyYou closes on $19.5M
- Navigation and advising tool for Medicare Chapter nets $17M
- Business operations software for life sciences companies Vodori lands $7.5M
- Virtual clinic for prediabetes and Type 2 diabetes 9am.health launches with $3.7M