Venture capital funding, including private equity and corporate venture capital into Digital Health (Healthcare IT) companies reached $2 billion in 149 deals in Q1 2019 vs $1.4 billion in 142 deals in Q4 2018.
VC funding in Q1 2019 fell 19 percent versus in Q1 2018 when nearly $2.5B was raised in 187 deals, according to the Mercom Capital Group report.
Digital Health companies raised ~ $37 billion in VC funding since 2010.
Total corporate funding for Digital Health companies – including VC, debt, and public market financing – totaled $2.2 billion in Q1 2019.
Top funded categories included: $557 million raised by data analytics companies, mHealth Apps with $392 million, Telemedicine with $220 million, Healthcare Booking with $177 million, Clinical Decision Support with $107 million, Mobile Wireless with $90 million and $80 million for Healthcare IT Service Providers.
There were 48 early-round deals in Q1 2019. The top VC deals in Q1 2019 included: $170 million raised by Doctolib, $100 million from Health Catalyst, $88 million raised by Calm, and $80 million by Taimei Medical Technology.
371 investors participated in funding deals in Q1 2019 versus 412 investors in Q1 2018. Digital Health VC funding deals were distributed across 17 countries in Q1 2019.
In Q1 2019, there were 45 M&A transactions involving Digital Health companies versus 48 M&A transactions in Q1 2018.
The top disclosed M&A transaction in Q1 2019 was the $195 million acquisition of Voalte by Hill-Rom Holdings.