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FitBit & CareCloud Leads Digital Health Funding in August 2013

by Jasmine Pennic 09/11/2013 1 Comment

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FitBit and CareCloud leads digital health funding totaling $250 million in August 2013, according to StartUp Health’s Insights Funding Report August 2013. There were 54 total deals from 36 known investors in August compared to just 40 deals in August 2012. Digital health funding in July 2013 saw 51 deals totaling $259.5 million from 58 investors. Practice management remains the most dominant sector receiving over $45 million in funding. The report revealed 19 companies have received over $186 million in total funding over the past three months.

Overall, digital health funding continues with Seed and Series A rounds representing more than 57 percent of the deals in August.

The top 5 deals for August 2013 were:

Startup

Round

Amount

Description

Fitbit

Series D

$43M

Wireless activity sensors and wearables

CareCloud

Series B

$29M

Practice management suite with EHRs and analytics

Applied Proteomics Inc.

Series C

$28M

Data visualizations for protenis

MyFitnessPal

Series A

$18M

Diet & weight loss online portal

Change Healthcare

Series D

$15M

Benefits management for empoyees

See more insights in the full report below:

August 2013 StartUp Health Insights Funding Report from StartUp Health
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