Digital health funding settles down in 2023 with fewer deals, lower check sizes

After a wild ride in 2020 and 2021, the digital health funding market is entering a new reality with fewer deals and smaller average check sizes.

Investment in digital health startups began to cool off in 2022 after hitting record highs in 2021 fueled by the shift to telehealth and digital technology during the COVID-19 pandemic.

Digital health enters 'new normal' with $2.5B raised in Q2 (fiercehealthcare.com)