Health tech’s Q1 2022 mega round winners – Axios

Knowledge: CB Insights, Erin Brodwin/Axios; Chart: Danielle Alberti/Axios

Greater than two dozen digital well being corporations raised late-stage mega-rounds Inside The primary quarter of 2022, reflecting A a lot hugeger enchancment Inside the sector That is seeing buyers write hugeger che…….

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Knowledge: CB Insights, Erin Brodwin/Axios; Chart: Danielle Alberti/Axios

Greater than two dozen digital well being corporations raised late-stage mega-rounds Inside The primary quarter of 2022, reflecting A a lot hugeger enchancment Inside the sector That is seeing buyers write hugeger checks for Collection C rounds and past, Based mostly on data from CB Insights and Rock Health.

Why it issues: Although The primary quarter of 2022 might go down in historic previous As a Outcome of the primary time in a decade that well being tech funding slowed, you’d by no means Know it wanting On The measurement of A pair of of its largest provides.

By the quantitys: 13 digital well being corporations collected rounds of $150 million or extra.

  • In 2020, Collection D+ raises averaged $80 million.
  • Over the previous 15 months, provides of that stage have averaged round $130 million.

Particulars: Some widespread themes Amongst The numerous corporations with Q1’s largest rounds embrace:

  • Continuous situation administration: Somatus, Freenome, Lyra Health, Omada Health.
  • Medical data evaluation: DNAnexus, Cas quickly asrtAI, Verana Health.
  • Telewell being and digital pharmacy: Ro, Alto Pharmacy.

Between the strains: All this late-stage exercise suggests entrepreneurs are shifting their method away from shut to-time period public debuts amid strong market situations, as a quantity of executives have informed Axios recently. Completely different elements Inside the works:

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