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Report: Digital Health Startups Raised $120M in Funding for March 2013

by Fred Pennic 04/07/2013 3 Comments

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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

 

 

 

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