Digital Health Investments in the First Half Surpass All of 2013

Venture funds are pouring into digital health, with more than $2.3 billion of investments in the sector during the first half of the year — already surpassing the 2013 total.

The eight biggest deals made up a third of the sector’s funding this year, according to the mid-year report by Rock Health, a San Francisco incubator and fund. Those deals included: NantHealth ($135 million), Flatiron Health ($130 million), Alignment Healthcare ($125 million), Proteus ($120 million), MedHOK ($78 million), Lumeris ($71 million), Zenefits ($67 million) and Doximity ($54 million).

Digital health is a loose term that describes companies bringing information technology to the healthcare industry to lower costs, boost efficiency and improve diagnostics and treatments.

Rock Health said the most active investors in the first half included Qualcomm Ventures, Andreessen Horowitz, Bessemer Venture Partners, Emergence Capital, Google Ventures, Matrix Partners and Venrock.

Things weren’t as vigorous on the public market side, where Rock Health’s index of 18 companies underperformed the S&P 500. While the S&P 500 is up about 6 percent year to date, the digital health index is down more than 10 percent.

See Rock Health’s full presentation below:

This article originally appeared on Recode.net.

We're here to shed some clarity

One of our core beliefs here at Vox is that everyone needs and deserves access to the information that helps them understand the world, regardless of whether they can pay for a subscription. With the 2024 election on the horizon, more people are turning to us for clear and balanced explanations of the issues and policies at stake. We’re so grateful that we’re on track to hit 85,000 contributions to the Vox Contributions program before the end of the year, which in turn helps us keep this work free. We need to add 2,500 contributions this month to hit that goal. Will you make a contribution today to help us hit this goal and support our policy coverage? Any amount helps.

One-Time Monthly Annual

$5/month

$10/month

$25/month

$50/month

Other

$

Yes, I'll give $5/month

Yes, I'll give $5/month

We accept credit card, Apple Pay, and Google Pay. You can also contribute via