From 2020 to 2022, it was a wild ride for digital health with record-high deals and soaring valuations. But, the sector is maturing, and digital health players now have to change their game plan.  

In its first quarter funding report, Rock Health noted that it’s a new chapter for digital health funding. U.S. digital health funding closed with $2.7 billion across 133 deals in the first quarter, the lowest first quarter by sector funding since 2019.  

In this week’s episode of “Podnosis,” Executive Editor Heather Landi chats with Rock Health’s Megan Zweig to talk about the state of the market, how startups and investors are taking a different approach to dealmaking and what to expect for the rest of the year. 

To learn more about the topics in this episode:  

• More deal volume, lower check sizes for digital health in Q1, with AI investment leading the pack: Rock Health
• Digital health funding hit $10.7B in 2023, the lowest in four years. How will the market shake out?
• Digital health funding hit $5.7B through June, on track to surpass 2019 and 2023, Rock Health reports

 

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