INSIGHTS
January 11, 2021

Digital health’s game-changing year: 2020 funding recap

2020’s stress test to our healthcare system created what felt like a fast forward button for digital health, with unprecedented growth in funding, adoption, policymaking, and national attention.

Through the year, US digital health companies raised a record-setting $14.1B in venture funding across 440 deals—a 72% increase from the previous high water mark set in 2018. 2020 also represented a thematic shift in liquidity for digital health venture investors, with upswings in both IPO and M&A activity.

Hot off the press, our 2020 Digital Health Market Insights Report dives into the perfect storm that drove digital health’s biggest year on record and explores four factors underpinning the durability of the sector going forward.

Headlines

UnitedHealth To Purchase Change Healthcare
One of UHG’s largest acquisitions yet will expand its Optum health services business Bloomberg | (Tweet)

Hinge Health Eyes IPO After Raising $300M
Latest round values the digital musculoskeletal care provider at $3B Reuters | (Tweet)

Telehealth: The Right Care, At The Right Time, Via The Right Medium
How UCLA Health developed triage protocols for telehealth patients NEJM Catalyst | (Tweet)

Amazon Plans New Alexa-Powered Sleep Apnea Device
Ambitions in hardware and healthcare collide Business Insider | (Tweet)

Recent Funding