Palo Alto, CA – August 19, 2019 – We are proud to release our report on Trends in Digital Health IPOs, by our very own Vini Jolly, Executive Director at Woodside Capital Partners. As follows is an overview, and you can view the full report here.
2019 continues the investment trend that started several years ago in Digital Health, with startup funding predicted to surpass the record set in 2018. According to Rock Health’s mid year Digital Health funding report, there was a total of $4.2B invested in 140 deals. Average deal size increased to $23.1M from $21.9M in 2018 and $15.9M in 2017, which is in line with the broader venture capital investment trends, and skewed by $100M+ mega deals. Globally, the trend was similar with markets like India and China also showing steady growth in the space, and companies attracting unicorn-like valuations. What is truly different, however, in 2019 and what will make 2019 potentially a massive inflection point for venture funded startups is the IPO frenzy across technology companies. Having said that, M&A is still by volume of deals the primary mechanism for exits today and in the foreseeable future. What will be interesting to observe is whether the acquiring universe continues to expand within the technology giants like Amazon, Google, Apple and Best Buy who clearly have their eyes set on the overall healthcare space. Finally, the overall trend to watch is investments in emerging markets, especially India and China.
Bottom line: 2019 is turning out to be a stellar year for Digital Health overall both from an overall financing and exit scenario from existing strategic players as well as large technology companies looking to disrupt the status-quo and disrupt the industry.
Vini Jolly
Executive Director
Woodside Capital Partners International LLC
[email protected]
(650) 513-2755
To get the full report, Click HERE