While the digital health funding market has come down from its 2021 peak, investors say there are plenty of checks to be written.
In the year’s first six months, the industry saw $6.1 billion invested in 244 digital health companies, compared with $10.3 billion in 329 deals in the same period a year ago, according to data from Rock Health, a digital health research firm. The average deal size in the year's first half was $24.8 million, a $1.7 million decrease from 2022.
But a down market doesn’t mean investors are giving up on digital health, just choosing their bets more carefully. Five venture capital investors share what areas excite them.