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Mercom: Telemedicine Investments Led 2020's $14.8B In Digital Health Fundraising
While equity investments in telemedicine rose 139% to $4.3 billion, other areas like data analytics and mobile health apps also earned strong support from investors.
Mercom Capital Group has released its tally of 2020's digital health funding: $14.8 billion in equity raised across 637 deals, as well as $6.8 billion in debt and public market financing across 26 deals.
These represent a respective 66% and 278% increase over the firm's count for 2019, according to the Mercom report released yesterday. In total, 1,694 different investors took part in these deals.
In addition, the firm tracked a total of 184 mergers and acquisitions during the past year, a slight increase over the 169 transactions of 2019.
Continue reading at mobihealthnews.com
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