Digital Health investment activity in Q1 2021 was led by Tiger Global, Insight Partners, General Catalyst, and Khosla Ventures.
A total of 547 investors invested $7.2 billion in 179 digital health companies in Q1 2021, according to Mercom’s Q1 2021 Digital Health Funding and M&A Report. By comparison, 494 investors invested $4.5 billion in 139 digital health companies in Q4 2020.
Seventy-nine investors made two or more investments in Q1 2021 compared to 61 investors in Q4 2020. To learn more about the investor data, please visit: https://mercomcapital.com/product/q1-2021-digital-health-healthcare-it-funding-ma-report/
Over the years, the digital health investment trends have also shifted from practice-centric technologies to consumer-focused technologies.
Top Digital Health Investors in Q1 2021
Tiger Global, an investment firm focused on software, consumer, and financial technology industries, invested over $1 billion in 10 digital health companies focused on Telehealth, mHealth Apps, and Data Analytics. The firm’s investment portfolio includes Komodo Health, DispatchHealth, CityBlock Health, Innovaccer, and TytoCare.
General Catalyst, formerly General Catalyst Partners, an American venture capital firm focused on early-stage and growth investments, invested nearly $900 million in six digital health companies focused on Telehealth and Mobile Wireless Devices. The firm’s investment portfolio includes Ro (Roman), CityBlock Health, Casana (formerly Heart Health Intelligence), ixlayer, and Plume.
Insight Partners, a venture capital firm that invests in growth-stage technology, software, and internet businesses, invested over $700 million in eight digital health companies focused on Telehealth, Wearable Sensors, and Practice Management Solutions. The firm’s investment portfolio includes Eden Health, Alma, Clarify Health, and Hinge Health.
Khosla Ventures, an early-stage venture capital firm that invests in healthcare and technology startups, invested nearly $500 million in Telehealth, mHealth Apps, and Connected Devices. The firm’s investment portfolio includes Bold, Forward Health, Lumiata, Rightway Healthcare, and SWORD Health.
Bessemer Venture Partners, a venture capital firm that backs consumer, enterprise, and healthcare startups, invested over $400 million in five digital health companies focused on Telehealth, Wearable Sensors, and mHealth Apps. The firm’s investment portfolio includes MediBuddy DocsApp, Aspen RxHealth, FOLX Health, Ginger, and Hinge Health.
Please email us at hit@mercomcapital.com for a complete list of investors.
