SPAC Deals in Digital Health Soared in 2020

SPAC Deals in Digital Health Soared in 2020

/ Digital Health News
The year 2020 is on course to become the year of the special purpose acquisition companies (SPACs) also known as blank check companies, in the digital health sector. As COVID-19 created uncertainty in public markets, 2020 saw a ...

Digital Health Q4 and Annual 2020

Telehealth Company CirrusMD Raises $20 Million in Funding

Telehealth Company CirrusMD Raises $20 Million in Funding

CirrusMD, a chat-based telehealth provider, raised $20 million in a Series C funding round. Blue Venture Fund led the funding round with participation from 7wireVentures, Drive Capital, and the Colorado ...
/ Digital Health News
Tonal Raises $250 Million At $1.6 Billion Valuation

Tonal Raises $250 Million At $1.6 Billion Valuation

Tonal, a connected home fitness system, raised $250 million in the latest funding round, valuing the company at $1.6 billion. Tonal has raised over $450 million to date. According to ...
/ Digital Health News
Digital Health Platform BrightInsight Raises $101 Million

Digital Health Platform BrightInsight Raises $101 Million

BrightInsight, an IoT platform that captures, transmits, and analyzes data from connected medical devices and apps, announced a Series C financing of $101 million led by venture capital firm General ...
/ Digital Health News
Mental Health Apps Raised $1.2 Billion in 2020

Mental Health Apps Raised $1.2 Billion in 2020

Venture funding has increased substantially in digital mental health apps (focused on behavioral health, depression, anxiety, isolation, and stress) with $1.2 billion during 2020, a 50% increase compared to $800 ...
/ Digital Health News
Rightway Raises $100 Million At $1.1 Billion Valuation

Rightway Raises $100 Million At $1.1 Billion Valuation

Rightway, which provides a consumer-centric care navigation and pharmacy benefits app, raised $100 million in Series C funding at a valuation of $1.1 billion. Khosla Ventures led the funding round, ...
/ Digital Health News