In the final quarter of 2019 MobiHealthNews reported on 55 digital health deals.In the final quarter of 2019, MobiHealthNews tracked 55 digital health funding deals totaling just over $1.7 billion. The three-month period was headlined by Bright Health’s $635 million Series D round and a $200 million raise from iFit, allowing it to edge out last year’s Q4 of 52 deals at $1.18 billion.
This is a slightly different story than what we see when taking the full year into account. Here, 2019 comprised of 251 funding announcements representing about $7.18 billion, with Babylon Health ($550 million), Clover Health ($500 million) and Gympass ($300 million) taking their place behind Bright Health as the largest deals of the year. Compared to 2018’s 244 deals for $7.7 billion, it would seem that the past year had a slightly higher quantity of raises but (by MobiHealthNews’ accounting) came up about half a billion short of the previous year’s total — although it’s also worth noting that we were unable to peg a number of nine of this year’s deals.
Source: Mobihealth News