July 5, 2018

Record Deal Numbers Point to an Optimistic Market

StartUp Health Insights
StartUp Health Insights
StartUp Health Insights
StartUp Health Insights

The first half of 2018 brought record numbers in digital health funding. More than $6B has been raised so far this year across 414 deals – the largest deal count we’ve seen to date.

Globally, investors are on track to nearly double their 2017 investments, demonstrating their long-term commitment as well as the overall growth potential in the market. Pair that with the emergence of new innovation hubs in countries like China and Finland and it is clear that confidence in the sector is high.

Read our top takeaways from the 2018 Midyear Report on HEALTH TRANSFORMER and download the full (and free!) report now.

Trend Watch: Stories Shaping Digital Health

We saw over $157 in innovative health funding this week, led by Bind Health ($70M), a startup working with employers to structure health benefits so that workers can buy “on demand” insurance coverage. Other big raises included men’s health startup Hims ($50M) and delivery robot company Savioke ($13.4M), which is expanding into hospitals.

Download Our 2018 Midyear Insights Report
Stories to Watch:

Accenture Seeks Emerging Innovators and Disruptors for Third Annual Accenture HealthTech Innovation Challenge

GoodRx, a Service for Finding Bargains on Prescription Drugs, Is in Sale Talks for Up to $3 Billion

StartUp Health Companies in the News

Inbox Health Closes $2.4 Million Seed Round to Reinvent How Billing Companies Communicate With Patients

Juan Pablo Segura of Babyscripts on Transforming Prenatal Health and the iBirth Acquisition

WellSpan Offering Babyscripts Pregnancy App

Savor Health Selected for Johnson & Johnson Innovation's JLABS

Exochain Announces Strategic Partnership With End-to-End Universal Health Record Platform Provider LEA Labs

U.S.-Israel Research Foundation Backs Cigna and Oxitone Collaboration

Doctor.com Weighs in on the Importance of Your Business's Domain: How to Make the Right Choice

Apple’s Gift to Specialty Brands Raises the Bar on Patient Hubs, Insights From Helparound

Pakistani Startup AzaadHealth Makes It Into StartUp Health Academy

Buddy Healthcare Selected for the TechEmerge Health Brazil Program

Solvers Meet Buddy Healthcare and Other Health Professionals During the inDemand Kick-off Meeting

Patient Guidance Is Piloting Buddy Healthcare's Mobile Application


Register now to attend MedCity CONVERGE July 11-12 in Philadelphia, an executive summit that gathers all sectors of the oncology ecosystem — leading hospital systems, emerging technology startups, and other key stakeholders —  to discuss the latest strategies and innovations. Save 50% off full rate with code STARTUPHEALTH.

HealthIMPACT East

HealthIMPACT, being held July 18-20 in Washington, DC, is a curated knowledge-sharing event connecting and elevating the people and organizations measurably improving the patient experience and clinical outcomes. This annual summit brings together those ready to push boundaries, challenge the status quo, and take meaningful action. Register using the code STARTUPHIE18 for 30% off.

Upcoming Health Events

Bayer Grants4Apps Global Dealmaker
Application deadline July 8, 2018

Naturopathic Approach to Women's Health
Hosted by StartUp Health company syncH
July 9, 2018
San Francisco, CA

July 11-12, 2018
Philadelphia, PA

July 18-20, 2018
Washington, DC

UCSF Summer Digital Health Mixer
August 7, 2018
San Francisco, CA

Financial Times Digital Health Summit
October 17, 2018
New York, NY

See more event information on our website.

Join Our Team, Change the World

Our team is growing! We’re currently hiring an Executive Assistant to provide day-to-day support to our CEO and President (the co-founders of the company). For more info and to apply, visit our career page or email us at careers@startuphealth.com.

StartUp Health Insights

Innovative health companies raised over $157M in the last week. Some of the most recent deals:

Startup Amount   Investors
Bind Health $70.0M   Ascension Ventures, UnitedHealthcare, Lemhi Ventures
Hims $50.0M   Institutional Venture Partners, Forerunner Ventures, Redpoint Ventures, Thrive Capital
Savioke $13.4M   Swisslog Healthcare, NESIC, Recruit, Brain Corp
EyeQue $11.2M   Undisclosed
Castor EDC €5.3M   INKEF Capital
MedRhythms $5.0M   Werth Family Investment Associates, Jean Hoffman
Inbox Health $2.4M   Connecticut Innovations, I2BF Global Ventures, Launch Capital, Enhanced Capital
Download Our 2018 Midyear Insights Report

Help Us Organize the World’s Health Transformers!

Do you have friends or colleagues transforming healthcare? Please share this newsletter so they can join our army of 100,000+ leaning in to health innovation.

Copyright © 2018 StartUp Health, All rights reserved.

subscribe to this list   unsubscribe from this list    update subscription preferences