When Halle Tecco set out to build Rock Health nearly ten years ago, she saw a need to support entrepreneurs using technology to make healthcare massively better. Today, we’re thrilled to announce our investment in her latest venture, Natalist, a company conceived to close the glaring gaps she encountered on her path to parenthood—and fueled by the belief that those who want to have children deserve a better way. We’re humbled to be a part of Natalist’s $5M seed round and to back an incredible team on a mission to radically improve the fertility experience.
Though funding slowed from the $2B per quarter pace in the first half of the year, digital health companies raised $1.3B in venture capital in Q3 2019 for a total of $5.5B in the year to date. This puts the sector on track for the second largest funding year ever. As in 2018, large deals continue to drive the overall trend. In this market update we discuss public market performance of the five 2019 digital health IPOs (early results are mixed) and two hot areas of investment: behavioral health and women’s health.
Medication errors cost the US healthcare system over $525B each year—roughly one in every six healthcare dollars spent. We’re excited to announce our investment in Arine, whose solution combines data science with clinical expertise to ensure patients are on the safest and most effective medication regimens.
We’re proud to announce our participation in InsightRX's $10M Series A funding round to support their mission of individualizing drug treatment at the point of care.
In honor of his late little sister Tania, Anil Sethi founded Ciitizen to help kill cancer in our lifetime—and give patients power over their health outcomes along the way. We’re thrilled to have him join us at Rock Health Summit next month, where he’ll dive into how empowering patients with their health data will change the face of life-saving clinical research and development. We sat down with Anil to get his take on building a business around making personal health records portable.
As consumers increasingly take control of their own health and wellness, they drive market demand more directly. Devices, apps, and services are being created and tailored to meet their needs, enabling consumers to actively engage in health and wellness decision-making. To dig a little deeper beneath the surface of how industry players are adapting to this shift, we caught up with experts on the inside at GSK Consumer Healthcare, a Rock Health partner.
By now it’s no secret most digital health companies achieve growth and scale through enterprise organizations, such as health systems, payers, and pharmaceutical companies. But in increasingly crowded spaces like digital mental health, standing out from the pack is paramount to success. In our latest podcast episode, leaders from Kaiser Permanente Washington and mental health startup Ginger opened up about what brought their two companies together and how they cultivated a trusting relationship.
‘Tis the season of startup pitches, inspirational conversations, and even dance offs. You know what we’re talking about—the eighth annual Rock Health Summit is just over a month away. Here are seven agenda highlights we're most excited for at this year's Summit.
We're proud to announce our newest investment in Vivante Health, the first all-in-one digital solution for digestive health and complex inflammatory conditions. Welcome, Vivante!
$4.2B was invested in digital health through the first half of 2019. The sector continues to experience healthy growth—we still don’t see the telltale signs of an investment bubble. Here we take stock of the capital invested in digital health startups since 2011—$29.4B of which is waiting on liquidity. We examine two avenues to return this capital: public offerings and acquisition by large non-healthcare companies.