Q1 2022 funding recap: $6B raised across 183 deals
Coming off of 2021's $29.1B funding bonanza, the obvious question we’ve been eager to explore: how will 2022 stack up? Even with nine months left to go, it’s clear this year has its own story to tell. Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M. While Q1 isn’t usually a standout quarter for funding overall, in three of the five past years, Q1’s funding beat its preceding quarter—but that isn’t the case this time around. In this quarter’s funding recap, we reflect on the factors impacting funding numbers, digital health’s lagging public market performance, and “hot” clinical innovation areas (there were shake-ups here, too!). Check out the piece for our take on the quarter’s funding trends and what they signal for the rest of 2022.
Headlines
Digital Biomarkers: Convergence Of Digital Health Technologies And Biomarkers
How to define and create consistency in digital biomarker evidence approaches Nature
Hospitals, Health Plans Urge For Stronger Guidance Around Third-Party Apps
Recommendations for improved patient privacy Healthcare Finance News
Digital Mental Health Startups For Kids Are Raking in Cash
But it will take more than funding to address the youth mental health crisis Morning Consult
5 Technology Trends Drawing Investment As Health Care Moves Into The Home
Startups seek to support the movement to age in place STAT
Biobeat Receives FDA Nod To Add More Vital Sign Monitoring To Smartwatch
A small Israeli startup forges ahead of Apple and Fitbit wearable capabilities Fierce BioTech
Hospitals Bet Big On Venture Capital Amid COVID-19 Revenue Flux
Provider systems diversify revenue streams after two years of financial uncertainty Healthcare Dive
Walgreens Turns To Robots To Fill Prescriptions
It’s giving Jetsons vibes CNBC
Recent Funding
- ConcertAI scores $150M for its real-world data solutions for providers and pharma cos
- Rock Health port co Brightline brings in $105M for virtual pediatric and teen behavioral health
- Brightside raises $50M to offer digital support for anxiety and depression
- VivoSense, which helps to integrate wearable sensor data into clinical trials, closes on $25M
- AmplifyMD gets $23M to deliver specialty telehealth visits through hospitals
- Zephyr AI lands $18.5M for data-driven drug discovery
- Decisio Health nabs $18.5M for its real-time clinical surveillance software
- Altoida adds another $14M to continue developing AI-powered neurological assessments
- Jeenie secures $9.3M for on-demand medical interpretation
- Community care navigator Reema Health leaps forward with $8M
- Holistic health employer benefits platform Nivati grabs $4M
- Valar Labs nets $4M to improve the cancer treatment decision process with AI