Digital Medical Devices Leads Health Technology In Number of Investors

Venture Scanner

The health technology industry has seen 3,918 investors and $90B total all time funding. Let's analyze which health technology categories have the most number of investors actively financing the startups. The graphic below highlights health technology categories based on the number of investors in each category.

Health Technology Investors Per Category

As the graphic demonstrates, Digital Medical Devices has the highest number of investors at 1077, with IoT Health Care following behind at 810. Digital Medical Device companies build IT-enabled medical and diagnostic devices for doctors. IoT Health Care companies create connected devices that track health metrics or help improve health well-being. In addition, the average number of investors across all health technology categories is 374.

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Average Funding Experiencing Robust Growth

Venture Scanner

For this quarter's funding analysis, let's examine how average funding in the health technology sector is evolving. The graphic below shows the health technology average funding across all deals over time by quarter.

Health Technology Average Funding Deal Size

As the graphic demonstrates, health technology average funding deal size in Q1 2019 was at $42M, which increased by 30% from the $32M last quarter. The average funding deal size has demonstrated strong upward growth, with the average funding last quarter around 5 times larger than it was 5 years ago. The top three funding events in Q1 2019 include a $1B round into Verily, a $500M round into Clover Health, and a $299M round into BridgeBio.

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Report Highlights  – Q1 2019

Venture Scanner

Here is our Q1 2019 summary report on the health technology startup sector. The following report includes a sector overview and recent activity.

Health Technology Slideshare Title

Health Technology Sector Summary

Health Technology Sector Map

Health Technology Quarterly Highlights

Health Technology Innovation Quadrant

Health Technology Funding Over Time

Health Technology Funding By Category

Health Technology Investors Over Time

Health Technology Exits Over Time

About Venture Scanner

Health Technology Slideshare End

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Sector Overview - Q1 2019

Venture Scanner

This blog post examines the different components of the health technology ecosystem. We will illustrate what the categories of innovation are and which categories have the most companies. We will also compare the categories in terms of their funding and maturity.

Digital Medical Devices is The Largest Health Technology Category

Let's start off by looking at the Sector Map. We have classified 2,334 health technology startups into 22 categories. They have raised $88B from 3,843 investors. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

Health Technology Logo Map

We see that Digital Medical Devices is the largest category with 324 companies. These companies build IT-enabled medical and diagnostic devices for doctors. These devices include detection equipment, monitoring equipment, and surgical tools. Some example companies include Signostics, MediBeacon, Stimwave, and AliveCor.

Let's now look at our Innovation Quadrant to...

Read More...

Health Technology Exit Activity Dipped in 2018

Venture Scanner

As we make our way through Q1 of 2019, let's look back on 2018 and analyze how exit activity for health technology compares to previous years. The graphic below shows total annual health technology exit events over time.

Health Technology Exits Over Time

As the graphic demonstrates, 2018 saw a drop in health technology exit activity compared to the previous year. The 67 exit events in 2018 represent a 9% decrease from the 74 exit events in 2017, which was the highest year on record for exit activity. However, health technology exits are still on a general upward trend, with a 5-year CAGR of 25% from 2013 to 2018. Some of the exit events in 2018 include AveXis's acquisition by Novartis for $8.7B, Flatiron Health's acquisition by Roche for $1.9B, and PillPack's acquisition by Amazon for $1B.

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Investors With the Most Activity

Venture Scanner

The health technology industry has seen $84B in total all time funding. Let's analyze the investors financing the health technology sector and identify the most active firms. 

The graphic below highlights health technology investors based on the number of investments made in the sector. If an investor participates in two investment rounds in the same company (such as a Series A and Series B), that would qualify as two investments for this analysis.

Health Technology Investors With Most Investments

As the graphic demonstrates, New Enterprise Associates has made the most bets in the health technology sector with 88 investments. Khosla Ventures follows with 80 investments. Examples of companies that New Enterprise Associates has invested in include Bright Health, Paladina Health, 23andMe, and Collective Health. The two CVCs rounding out the list include GE Ventures and GV.

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Funding Hails Record Year in 2018

Venture Scanner

Now that 2018 is complete, let’s examine how funding in health technology compares to previous years. The graphic below shows the total annual health technology funding amounts over time. 

Health Technology Funding Over Time

As the graphic demonstrates, 2018 experienced the highest health technology funding on record at $17.2B. It constitutes a slight 1% increase from the previous year’s funding. Some of the largest funding events in 2018 include a $550M round for Peloton, a $500M round for WeDoctor, a $500M round for Moderna Therapeutics, and a $375M round for Oscar Health. Over the past 5 years, health technology funding grew at a CAGR of 35%. It’ll be interesting to see if its funding will dip in 2019 or reach even higher levels.

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Report Highlights  – Q4 2018

Venture Scanner

Here is our Q4 2018 summary report on the health technology startup sector. The following report includes a sector overview and recent activity.

Health Technology Slideshare Title

Health Technology Quarterly Highlights

Health Technology Sector Summary

Health Technology Sector Map

Health Technology Innovation Quadrant

Health Technology Funding Over Time

Health Technology Funding By Category

Health Technology Investors Over Time

Health Technology Exits Over Time

About Venture Scanner

Health Technology Slideshare End

To learn more about our complete health technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

Read More...

Health Technology Sector Overview - Q1 2019

Venture Scanner

This blog post examines the different components of the health technology ecosystem. We will illustrate what the categories of innovation are and which categories have the most companies. We will also compare the categories in terms of their funding and maturity.

Digital Medical Devices Is the Largest Health Technology Category

Let’s start off by looking at the Sector Map. We have classified 2250 health technology startups into 22 categories that have raised $81 billion. The Sector Map highlights the number of companies in each category. It also shows a random sampling of companies in each category.

Health Technology Sector Map

We see that Digital Medical Devices is the largest category with 307 companies. These companies build IT-enabled medical and diagnostic devices for doctors. These devices include detection equipment, monitoring equipment, and surgical tools. Some example companies include Signostics, MediBeacon, Stimwave, and AliveCor.

Let’s now look at our Innovation Quadrant to find out...

Read More...

IoT Fitness and Digital Medical Devices Lead Health Technology Funding

Venture Scanner

We previously highlighted that health technology funding had the highest quarter on record in Q3 2018. This blog post will take a closer look at the funding trends within the individual health technology categories. Per our analysis, we notice two key takeaways:

The IoT Fitness category leads the sector in Q3 funding
The Digital Medical Devices category leads the sector in all-time funding

We’ll highlight these takeaways with some graphics and discussions below.

The IoT Fitness Category Leads Health Technology In Q3 Funding

To start off, let’s review the amount of funding raised this quarter per category within health technology.

Health Technology Latest Quarter Category Funding

The above graphic highlights that the IoT Fitness category leads the sector in Q3 funding with $0.9B. The Digital Medical Devices category follows in the second place with $0.8B.

IoT Fitness companies create connected devices that track fitness and exercise metrics. Such devices include healthy eating trackers, exercise tracking wristbands, and...

Read More...

Health Technology Startup Highlights  – Q3 2018

Venture Scanner

Here is our Q3 2018 summary report on the health technology startup sector. The following report includes a sector overview and recent activity.

Health Technology Slideshare Title

Health Technology Splash Slide

Health Technology Sector Map

Health Technology Innovation Quadrant

Health Technology Total Category Funding

Health Technology Quarterly Funding Over Time

Health Technology Recent Funding Rounds

Health Technology Recent Exit Events

Health Technology Company Count by Country

About Venture Scanner

Health Technology Slideshare End

To learn more about our complete health technology report and research platform, visit us at www.venturescanner.com or contact [email protected].

Read More...

Health Technology Startup Highlights  – Q2 2018

Venture Scanner

Here is our Q2 2018 summary report on the health technology startup sector. The following report includes a sector overview and recent activity.

To learn more about our complete health technology report and research platform, visit us at www.venturescanner.com or contact [email protected].

Read More...

Health Technology Sector Starts Maturing

Venture Scanner

As we previously noted, health technology funding is experiencing robust growth. We've now gone one level deeper in our analysis on our Health Technology Report and Research Platform and determined that the health technology sector is starting to mature.

This conclusion comes from two key observations:

  • Funding amount percentages showed a slight shift to later stages
  • Funding count percentages showed a clear shift to later stages

 

We’ll explain these key observations with some graphics and discussions below.

 

To help set the stage, the graphic below highlights health technology funding amounts over time. As you can see, the sector’s overall funding demonstrated consistent growth.

Healthtech Funding by Quarter

Health Technology Funding Amount Percentages Shifting Slightly to Later Stages

Let’s examine the health technology funding amounts by round as a percentage of the total funding amount by year.

Healthtech Funding Amount Percentages

The above graph indicates that there has been a slight shift to later-stage...

Read More...

Health Technology Startup Highlights  – Q1 2018

Venture Scanner

Here is our Q1 2018 summary report on the health technology startup sector. The following report includes an overview, recent activity, and a category deep dive.

Health Technology Slideshare Title

Health Technology Slideshare Intro

Health Technology Sector Summary

Health Technology Splash Slide

Health Technology Sector Map

Health Technology Innovation Quadrant

Health Technology Annual Funding Over Time

Health Technology Quarterly Funding Over Time

Health Technology Exit Events Over Time

Health Technology Latest Activity

Health Technology Funding Round Counts

Health Technology Quarterly Category Funding

Health Technology Recent Funding Events

Health Technology Recent Acquisition Events

Health Technology - Digital Medical Devices

Health Technology Venture Investing

Health Technology Category Funding Quartiles

Digital Medical Devices Annual Funding Amounts

Digital Medical Devices Companies with Largest Funding Amounts

About Venture Scanner

Venture Scanner Process

Health Technology Slideshare End

To learn more about our complete health technology report and research platform, visit us at www.venturescanner.com or contact [email protected].

Read More...

Health Technology Sector Overview - Q1 2018

Venture Scanner

The Health Technology sector contains companies focused on the digitization of healthcare across the value chain from the providers, to the payers, to the patients and consumers. They often optimize existing medical practices, provide health information to individuals, or create new frontiers in medicine.

In this post we examine the different components of Health Technology and how they make up this startup ecosystem. On our Health Technology research platform, we have classified the companies into 22 categories. This blog post will illustrate what these categories are and which categories have the most companies. We will also look at how these categories compare with one another in terms of their funding and maturity.

Digital Medical Devices Is the Largest Health Technology Category

Let’s start off by looking at the Sector Map for the Health Technology sector. As of March 2018, we have classified 2139 Health Technology startups into 22 categories that have raised $64 billion....

Read More...

Venture Scanner Sector Maps (Part 1 of 2)

Venture Scanner

Our sector maps are snapshots of emerging technology sectors. They show what the different categories in a sector are and how many startups are within each category. They also present a small sampling of the current startups that are innovating in each category.

We will share our most up-to-date sector maps in a two-part series. Below you will find sector maps for the Blockchain Technology, Energy Technology, Financial Technology, Health Technology, Insurance Technology, Video Technology, and 3D Printing sectors.

You can see the other 8 updated sector maps for Artificial Intelligence, Internet of Things, Marketing Technology, Real Estate Technology, Retail Technology, Security Technology, Transportation Technology, and Virtual Reality here

Blockchain Technology: 12 categories, 1007 companies, $6B in funding

Blockchain Technology Map

Energy Technology: 12 categories, 790 companies, $63B in funding

Energy Technology Map

Financial Technology: 16 categories, 2401 companies, $90B in funding

Financial Technology Map

Health Technology: 22...

Read More...

Health Technology Funding Trends - Q3 2017

Venture Scanner

The following graphs highlight recent trends in Health Technology startup funding activity. The graphics include data through August 2017.

Health Technology Funding by Year

The above graph summarizes the total funding raised by Health Technology startups for each year. 2015 has the most funding to date at around $8.9B.

Health Technology Funding by Vintage Year

The above graph summarizes the total amount of funding raised by Health Technology companies founded in a certain year. Companies founded in 2013 have raised the most funding at around $5.2B.

We are currently tracking 2053 Health Technology companies in 22 categories across 57 countries, with a total of $52.9 Billion in funding. Click here to learn more about the full Health Technology market report.

Read More...

Health Technology Funding by Round - Q3 2017

Venture Scanner

The following two graphs summarize the rounds of funding going into the Health Technology space. Please note these graphics are made using data through August 2017.

Health Technology Funding Amount by Round

The graph above shows the total amount of VC funding broken out by round. From 2006 to 2016, we saw a general increase in the overall sector funding, with the total amount peaking in 2015 and declining slightly thereafter. Earlier stage rounds (Series A, B, and C) make up a larger share of the total amount.

Health Technology Funding Count by Round

The graph above shows the total count of funding events broken out by round. From 2006 to 2016 we’ve seen an upward trend that peaked in 2014 and declined slightly thereafter. Earlier stage funding such as Seed, Series A, and Series B events make up the majority of funding event counts. 

We are currently tracking 2040 Health Technology companies in 22 categories across 57 countries, with a total of $52.3 Billion in funding. Click here to learn more about the full Health Technology market report.

Read More...

Health Technology Activity by Selected Investors - Q3 2017

Venture Scanner

The following graph summarizes investor activity in the Health Technology space. Please note these graphics are made using data through August 2017.

Health Technology Activity by Selected Investors

The above analysis summarizes the total number of investment rounds Health Technology investors participated in, and the number of unique companies funded by selected investors. Major investors into the space include NEA, GE Ventures, Khosla Ventures, Sequoia Capital, and Y Combinator. 

We are currently tracking 2028 Health Technology companies in 22 categories across 57 countries, with a total of $52.2 Billion in funding. Click here to learn more about the full Health Technology market report.

Read More...

Venture Investing in Health Technology - Q3 2017

Venture Scanner

The following graphs highlight venture investing trends into the Health Technology sector. The graphics include data through August 2017.

Health Technology Venture Investing by Category

The above graph compares the total venture funding in each Health Technology category to the number of companies in the category. The Digital Medical Devices category leads in both metrics, with around $9.6B in funding and about 250 startups.  

Health Technology Average Funding by Category

The above analysis summarizes the average company funding in each Health Technology category. The Genomics category leads the sector with $75M in average funding per company, followed by the Insurance/Payments and Health Destination Sites categories.

We are currently tracking 2008 Health Technology companies in 22 categories across 57 countries, with a total of $51.4B in funding. Click here to learn more about the full Health Technology market report. 

Read More...