After a wild ride in the past two years, digital health startups are adjusting to a new reality faced with difficult economic changes and investor pullback.
Digital health startups pulled in $15.3 billion in funding dollars across 572 deals last year. While still a hefty number, that $15.3 billion is just over half of 2021's blockbuster $29.3 billion. And digital health funding in 2022 barely sneaked past 2020's total of $14.7 billion, according to a 2022 funding report from Rock Health, a venture fund dedicated to digital health.
