Health & wellness academy, StartUp Health released their “March 2013 Digital Health Funding Insights Report” that shows there were 37 digital health deals in March with $120.38M in total funding raised. The report shows a 12% growth in digital health funding compared to the $107.44M that was raised in March 2012.
Prepared by Brian T. Edwards (Health Insights & Research Fellow), Ron Golan (Healthcare Transformer Fellow), and Tanner Yager (Insights Fellow) states that a total of $557.47M in digital health funding was raised from 22 known investors in the first three months of 2013.
Top 3 sectors for funding in March are:
- Practice Mgmt: $30M
- Sensors: $22M
- Payment: $20M
The top 5 deals in March include:
Startup | Investor | Round | Amount | Description |
One Medical Group | Google Ventures | Series F | $30M | Primary care physician search and scheduling |
Remedy Partners | Undisclosed Investors | Series A | $20M | Healthcare payment programs |
Basis | Mayfield Fund, DCM, Norwest Venture Partners | Series B | $12M | Biometric Sensors & Software Platform |
Lincor Solutions | Edison Ventures | Series A | $10M | Patient education, point of care |
Integrity Applications | Undisclosed Investors | Series B | $7M | Non-invasive blood glucose monitors |
Other key insights included in the report below include:
- 5 startups in personalized medicine received funding
- 8 mobile health and fitness startups received funding from Nike+ Accelerator
- Seed funding comprised only 6% of total funding in March
To get a complete breakdown of digital health funding activity last month, please see the complete Digital Health Funding Insights Report for March