The genomics industry has tremendous potential to move the needle in health. Delivering on the promise of genomics depends on three main factors—many of which are within the purview of digital health. Through our survey of one thousand consumers, we provide novel data and insights regarding adoption, willingness to pay for specific use cases, and explore concerns around privacy and ownership.
After years of record-breaking venture funding, digital health finally hit its stride in a year when everyone expected funding to decline. In the first half of 2016, slightly over $2B filled company coffers–on track with both 2014 and 2015.
If you spent the first quarter of this year listening to investors, founders, or the tech media, you heard the same thing we all did: the market is experiencing a correction (or downturn, depending on your perspective), valuations are crashing, and VCs are generally acting with more caution. While some of that may be true for the tech industry at large, digital health may be immune. Our data shows digital health funding experienced an uptick with 13% TTM growth and almost 50% YoY growth (when compared to 2015’s first quarter—a record year itself). Total funding for Q1 2016 reached $981.3M, the highest first quarter total since we started tracking deals in 2011.
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