Q1 digital health funding: $3.0B across 122 deals
Change and uncertainty defined the start of 2025—from record-breaking AI investments and breakthroughs to policy shifts reshaping healthcare. But even amidst this rapidly evolving backdrop, the digital health sector charged forward in Q1, capturing $3.0B in funding across 122 deals. Late-stage megadeals made a triumphant return, exemplified by Innovaccer’s $275M Series F and Abridge’s $250M Series D—signaling that mature startups remain top priorities for megafunders. Both startups and incumbents are carving out opportunities to leapfrog ahead, whether by weaving tapestries, designing flexible tech stacks, or partnering strategically (even with their disruptors). Dive into our Q1 2025 funding piece to discover how small and large healthcare players are navigating uncertainty, and boldly leapfrogging into the future.
Save the Date: We’re thrilled to announce that Rock Health Summit is returning on September 30, 2025! Whether you’ll be joining us in person in San Francisco or tuning in virtually, you won’t want to miss it. Get ready for a day filled with insightful discussions, industry expertise, and meaningful connections with the Rock Health community. Registration opens on May 19th, with special early bird pricing. We can’t wait to see you there!
Headlines
OpenAI Closes $40B Funding Round, Largest Private Tech Deal On Record
Record-setting capital to scale compute infrastructure and advance Stargate initiatives CNBC
Tariffs Send Healthcare Industry Into ‘Unchartered Waters’
Health systems cite concerns about care delivery disruptions; exemptions noted for drugs MedTech Dive
Trump Administration Declines To Expand Medicare Coverage For Obesity Drugs
Meanwhile, Hims & Hers expands weight care offering, Lilly sues compounders STAT
Knownwell Joins LillyDirect To Expand Metabolic Care
Pharma DTC platform grows its list of digital health partners MobiHealthNews
Virta Health Cuts GLP-1 Use For Weight Loss Over 50%, Driving Cost Savings For Payers
Rock Health port co announces early results of GLP-1 responsible prescribing approach for weight loss HIT Consultant
American Telemedicine Association's Lobbying Division Acquires Digital Therapeutics Alliance
New Advancing Digital Health Coalition to advance telehealth and digital therapeutics Fierce Healthcare
Recent Funding
- Thatch reels in $40M to grow its marketplace for employee health benefits solutions
- Venteur, an ICHRA-focused employee benefits solution, secures $20M
- Daymark Health emerges with $11.5M to create support and navigation tools for cancer patients
- AI-powered automated medical coding and claims software RapidClaims inks $11M
- Orthobrain nabs $7.5M to help dental practices integrate orthodontics through digital solutions
- Deacon Health, a specialty care management platform for MSK, launches with $7M