H1 2021 funding: Baby, you’re a firework

Fresh off the Fourth of July holiday weekend, we’re still seeing fireworks. Our H1 2021 report is out and the verdict is in: digital health funding is popping off, to the tune of $14.7B in H1—already surpassing 2020’s record-breaking total funding. The half closed with 372 deals and an average deal size of $39.6M, spearheaded by 48 mega deals which accounted for 59% of total funding. Public exit activity also ballooned with 11 closed IPOs and SPACs (+1 on Friday), with another 10 SPACs expected to close in 2021. It’s been a wild ride watching digital health blast off from niche sector to mainstream market, and it isn’t showing signs of slowing down: we just had another $1B+ week in funding. Read our H1 analysis here.

The same Rock Health Summit you know and love is back—and better than ever. This year, we’re introducing the Rock Health Summit Innovation Fellowship program, which recognizes emerging innovators, health equity leaders, and startup entrepreneurs with an opportunity to attend in person. Nominate a Fellow!


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