Digital Health Report

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Telehealth startups are maturing with larger funding rounds 

Since the end of 2022, funding for digital health startups has been strikingly consistent, falling between $1.3 billion and $1.7 billion per quarter across the vertical. Q2 2024’s $1.5 billion invested across 112 deals sits within this margin, according to our latest Emerging Tech Research, and renewed consistency could be an indicator that the vertical has hit its low point and is starting to rebound. 

As telehealth becomes integrated into society postpandemic, telehealth has been the top-funded segment over the past year. Specifically, investors are choosing to fund companies operating platforms that have already achieved scale, which explains an overall trend of higher deal values but lower deal counts.