The digital health sector saw another record year for venture capital funding in 2021, with some of the biggest deals coming from New York health startups.
Rock Health, a San Francisco-based seed funding company has been tracking venture capital deals monthly since 2011. The sector in 2021 attracted $29.1 billion in funding—nearly double that of 2020—across 729 deals, a 51% increase. The average deal size also increased 30% from the previous year, to $39.9 million.
Digital health companies headquartered in New York raised $6.5 billion across 141 deals in 2021. That’s almost triple the $2.2 billion raised in 2020.
“Mega deals,” or rounds that raised over $100
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