StartUp Health: Digital health companies raised $1.8B in Q1 2016

StartUp Health - Q1 2016 numbers

After Rock Health, we are bringing you Startup Health‘s funding number for the first quarter of the year.

During the quarter, digital health companies manage to raised $1.8 billion, with four deals of over $100 million. Early-stage deals grew in size, increasing from $3.1M in 2015 to $3.9M in 2016. The Series A segment has increased from 35% in 2015 to 41% in 2016, representing the largest Series A volume as a percent of total deal counts to date.

Top 10 active markets were Big Data / Analytics (raised $286M in 8 deals), Medical Devices ($198M – 11 deals), Patient / Consumer Experience ($195M – 20 deals), Personalized Health / Quantified-Self ($162M – 11 deals), Wellness ($141M – 8 deals), Workflow ($132M – 17 deals), Clinical Decision Support ($109M – 8 deals), E-commerce ($102M – 5 deals), Population Health ($26M – 5 deals) and 50Plus ($6M – 2 deals).

Top 10 deals were Oscar ($400M), Flatiron ($175M), Guardant Health ($100M), Healthline ($95M), HealthCatalyst ($70M), eGym ($45M), Higi ($40M), Captricity ($35M), medCPU ($35M), and Soothe ($35M).

New York City metro area topped the quarter with $656M raised and 11 deals, followed by San Francisco Bay Area ($525M – 23 deals), Boston ($79M – 6 deals), Salt Lake City ($70M – 1 deal), Chicago ($58M – 5 deals), Los Angeles ($40M – 2 deals), Dallas ($25M – 3 deals), San Diego ($23M – 5 deals), Plano ($22M – 2 deals) and Minneapolis ($21M – 3 deals).

Three investors made 4 deals each in the quarter (Khosla, UPMC and Startup Health), and seven investors had 3 deals each (BCBS Venture Partners, GE Ventures, Jazz, Founders Fund, Lux Capital, Social Capital, and Tribeca).

StartUp Health’s full presentation follows below.