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Rock Health Reports Record Digital Health Funding Of $5.4Bn In H1 2020, Sees Potential For Record-Year Funding

 
• By Marion Webb

Digital health funding is on track for the largest funding year ever amid the COVID-driven demand for telehealth and remote monitoring of patients. However, a large second wave of the pandemic could reverse that trend.

Hands holding money in multi currencies

US digital health companies raised $5.4bn in venture capital funding in the first six months of 2020, driven by skyrocketing demand for on-demand health care services and disease monitoring. As a result, digital health is on track for the largest funding year ever.

Digital health funding in the first half of this year exceeded first half figures for the last nine years and was $1.2bn higher than the first half of 2019, according to venture capital Rock Health’s midyear report

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