Health companies within the digital technology sector experienced significant funding support during Q2 of 2017.
According to an article on Fierce Healthcare, data from StartUp Health has indicated that investors sunk a total of $3.8 billion into digital projects within the healthcare and medical industries during Q2. This level of investor funding has not been seen since 2011 and represents an 81% increase in comparison to the same period one year ago.
Grace Century President and Director of Research Scott Wold said “the healthcare industry is finally starting to catch-up with other industries in terms of the embracement of digital technology, and the large increase in investor dollars being pumped into healthcare projects in 2017 is a clear indication of this trend.”
