Digital health funding surpassed $4.1B in 2014 according to the recent Digital Health Funding: Year in Review 2014 Report by Rock Health.
Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare has released their Digital Health Funding: Year in Review 2014 Report, an in-depth analysis report of all digital health funding in 2014. The report found digital health funding in 2014 surpassed $4.1B, nearly the total of all three prior years combined, and representing 124% year over year (YoY) growth. 258 companies received funding with an average deal size of $14.1M, an increase of nearly 40% YoY.
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:
– Top six categories that accounted for 44% of all digital health funding in 2014 were analytics and big data, healthcare consumer engagement, digital medical devices, telemedicine, personalized medicine, and population health management.
– There were 344 dabbling investors (one or two deals per year) compared to only 121 back in 2011—a nearly 3X increase. The most active investors in digital health represent a diverse mix of corporate, healthcare, technology, and agnostic venture funds.
– 95 M&A deals were tracked, with disclosed transactions valuing over $20B. Large health tech companies continued to be the most active acquirers—but medical device, payers, and tech companies are making waves.
– 5 digital health companies went public in 2014, raising a cumulative $1.7B.
For more information, see the full report below:
