Digital health funding totals $2.3B in the first half of 2014 according to recent 2014 Midyear Digital Health Funding Report by Rock Health.
Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare today released their 2014 Midyear Digital Health Funding Report, an in-depth analysis report of digital health funding in first half of 2014. The report found funding of digital health companies continued to grow overall, totaling $2.3B in the first half of 2014, representing a 168 percent year over year growth in investment. 143 digital health companies raised over $2M with one-third of all funding attributable to the eight largest deals of the year. In addition to the mid year funding report, Rock Health has created the first Digital Health Public Index to track the progress of the public digital health companies
The report produced by Malay Gandhi and Teresa Wang with help from Sonia Havelle, Mitchell Mom, Shelia Shah and Halle Tecco sources data from Capital IQ, SEC company websites, Crunchbase, NVCA, press releases and the Rock Health funding database.
Key findings include:
– Payer Admin ($211M), Digital Medical Devices ($206M), Analytics/Big Data ($196M), Healthcare Consumer Engagement ($193M), Population Health Management ($162M) and Personalized Medicine ($150M) represented 50% of digital health funding YTD
– The largest eight deals through the first half of 2014 made up more than one-third of all funding in 2014
– Early stage deals continues to drive deal growth year over year
– Indiegogo remains the most popular crowdfunding platform; however, success rates are down almost 50% versus 2013
The full report can be seen below:
