Digital health funding is on the decline, according to yet another funding report, this time from Mercom Capital Group. According to the company’s latest report, in 2019 digital health funding came in at $8.9 billion with 615 deals — a drop from the $9.5 billion and 698 deals recorded in 2018.
“After three consecutive years of growth, venture deals, and dollars for digital health companies...
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In the final quarter of 2019, MobiHealthNews tracked 55 digital health funding deals totaling just over $1.7 billion. The three-month period was headlined by Bright Health’s $635 million Series D round and a $200 million raise from iFit, allowing it to edge out last year’s Q4 of 52 deals at $1.18 billion.
This is a slightly different story than what we see when taking the full year into...
