How industry heavyweights are fighting in the match against COVID-19
Amidst a record $3.1B funding in Q1 2020, digital health braces for COVID-19 impact
Digital health venture funding had its strongest start ever in 2020, with a prodigious $3.1B invested across Q1. In February the COVID-19 pandemic hit the US, sending an immediate shock through public markets. The twin crises of a global pandemic and massive economic shifts will rapidly impact all market sectors, including digital health. To assess the scale, direction, and timing of the impact, we surveyed twelve leading healthcare investors between March 16 and March 20, 2020 (and included our own response in the sample). Although the responses paint a somber picture of the emerging funding environment, there is a tangible sense of resolve to not waste this crisis—to leverage digital health solutions to immediately combat the pandemic and build on that momentum to radically reshape the way healthcare is delivered in the US and globally.
How Rock Health portfolio companies are responding to COVID-19
Podcast: How Consumers Are Navigating The Digital Healthcare Experience
Three things to expect at HIMSS Health 2.0 VentureConnect 2020
Overheard at JPM 2020: The issues healthcare enterprise leaders are talking about
Podcast: 2020 Vision: A Look Ahead At Digital Health
Charting a path for consumer genomics: Our investment in Precise.ly
In 2019, digital health celebrated six IPOs as venture investment edged off record highs
Across the last decade, digital health has grown from a blip on the radar of investors to a robust sector receiving nearly one in ten venture dollars invested in the United States. In 2019, 359 US digital health startups raised $7.4B from 627 investors. Though six digital health companies entered the public markets in 2019, exits were a somewhat mixed bag, with M&A below trend at 112 deals across 2019. For our complete 2019 Digital Health Market Update, connect with our partnerships team.
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