Q1 digital health funding: $4B across 110 deals

Ah, spring: flowers blooming, birds chirping, the smell of fresh-cut grass—and our Q1 recap dropping right on cue. The landscape is greener than this time last year: funding hit $4.0B across 110 deals, the strongest first quarter since pandemic peak, with capital concentrating at the top in ways we haven't seen since 2021. Just 12 companies captured an outsized share of capital, soaking up the most sunlight from investors. The seeds of AI have taken root as a table stakes expectation. And D2C models are in full bloom, with scaled bets and a new wave of AI-native consumer platforms competing to be the front door to care. For the full debrief on spring market conditions, read our Q1 2026 funding and market overview.

One in three consumers now use AI chatbots for health questions—double last year's share. On April 22, Rock Health Advisory is hosting a webinar to unpack what that shift means for enterprises, in conversation with leaders from Ochsner Health and United States of Care. We’ll share additional data on who the AI health consumer is today and what happens after the AI query, plus practical guidance on what it takes to build the always-on experiences consumers now expect. To join us, register here.

Headlines

HHS Changes The U.S. Health IT Office’s Name, And Its Purview
“ONC” is back and focusing on decreasing health record data sharing friction STAT

   How A.I. Helped One Man (And His Brother) Build A $1.8B Company
A story about AI efficiency and risk The New York Times

Trump Announces 100% Tariffs On Brand-Name Drugs, With Plenty Of Carveouts
Tariffs are back but not equally applied to all pharmaceuticals STAT

Novo Nordisk Launches Discounted Subscription Program For Wegovy
Self-pay patients can enroll through telehealth providers like Ro, WeightWatchers, and Him & Hers Fierce Healthcare

Recent Funding

  • WHOOP lands $575M to scale its wearable platform for personalized health
  • Jimini Health, a virtual mental health platform powered by AI agents, nabs $17M
  • Avo banks $10M to scale its AI solution for clinical workflows and decision support
  • AI-enabled clinical decision support, Ambient Clinical Analytics, inks $5M
  • Acurion lands $4.3M for its AI-enabled precision oncology solution