Digital health VC funding hits $2 bn in 2019

The venture capital (VC) funding, including private equity and corporate venture capital, into digital health (Healthcare IT) companies stood at $2 billion from 149 deals in the first quarter of this calendar year. This compares with $1.4 billion across 142 deals recorded during the sequential fourth quarter (Q4) of 2018, according to a report by Mercom Capital Group.

Digital health companies have brought in over $37 billion in disclosed VC funding since 2010. The total corporate funding for digital health companies — including VC, debt and public market financing — totalled $2.2 billion in Q1, 2019, it said.