H1 2021 Digital Health Funding: Another Blockbuster Year In Six Months

H1 2021 secured $14.7B in digital health funding, already surpassing all of 2020’s funding. The half-closed with 372 deals and an average deal size of $39.6M, spearheaded by 48 mega deals which accounted for 59% of total H1 2021 funding. Public exit activity ballooned with 11 closed IPOs and SPACs, with another 11 SPACs expected to close in 2021.

Digital health excitement isn’t limited to the private market, as public market investors, companies seeking acquisition targets, and special purpose acquisition company (SPAC) trusts are all looking to get in on the action. While seven digital health companies exited the public markets in 2020, we’ve already seen 11 exits in the first half of 2021, with at least 11 more expected to close this year.

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