CBInsights-數(shù)字健康狀況2022年第3季度報告

Stateof

DigitalHealth

Global|Q32022

Globaldataandanalysisondealmaking,funding,and

exitsbyprivatemarketdigitalhealthcompanies

2

StateofDigitalHealth

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StateofDigitalHealth

DigDeeper.

CBInsightsclientscanfindandtrack

companiesusingouranalyst-curated

ExpertCollections.

DigitalTherapeutics

Telehealth

MentalHealthTech

HealthIT

ClinicalTrialsTech

DigitalHealth

BiopharmaTech

7

StateofDigitalHealth

OurMostPopularResearchon

DigitalHealth

AnalyzingOptum’sGrowth

Strategy:HowtheHealth

ServicesGiantIsExpandingIts

Reach

UnbundlingWomen’sHealth:

HowFemtechIsDisrupting

TraditionalWomensHealth&

WellnessServices

AnalyzingMicrosoft’sGrowth

Strategy:HowtheOSTitanIs

BuildingaNewFoundationfor

Healthcare

70+Early-StageCompanies

RevolutionizingtheMedical

DeviceMarket

112CompaniesHelping

HealthcareProvidersImprove

HowPatientsAccessCare

125Early-StageCompanies

TransformingMental

HealthcareDelivery

100+Early-StageCompanies

UsingDigitalBiomarkersto

ImprovePatientCare

AnalyzingGoogle’sPharma

Strategy:HowtheTechGiant

IsExpandingItsPresencein

DrugDevelopment

StateofDigitalHealth

TLDR

$4.6B-37%3

Digitalhealth

funding—down

36%.

GlobaldigitalhealthfundingcontinuedtoslideinQ3’22,falling36%quarter-over-quarter(QoQ)and72%fromitsall-timehighinQ2'21.Notably,Q3’22’sfundingtotalwasthesector’slowestsinceQ1’19.QoQfundingdecreasesof50%ormorewereseenin

clinicaltrialstech,telehealth,andhealthIT.

Seethedata→

Declineinmega-

rounds.

Thenumberof$100M+mega-roundsdroppedtoitslowesttotalsinceQ1’19,andfundingfell37%.Bothdealsandfundinghavefallenbymorethan80%fromtheirall-timehighsinQ2’21.ThetopfundingroundswenttoArsenalBio,Cleerly,and

Allm.

Seethedata→

Newunicorns,an82%fallfromtheQ1’21peak.

TheunicornbirthratewasthelowestsinceQ2’20.Foronlythe2ndtimeinthelast7quarters,unicornbirthsdidn’treachdoubledigits.TheUSandEuropeweretheonlyregionstogainunicornsinQ3’22.The3birthswereRedesignHealth($1.7B),IncredibleHealth($1.7B),andSpectrumHealth($1.2B).

Seethedata→

-44%

QoQdropinM&A

exits.

M&Aexitsfellforthe2ndquarterinarowtojust48—thelowestquarterlytotalinthelast5years.TheUSsawitslowestnumberofexitsinyears,whileAsiareachedanall-timehigh.ThetopM&Aexitwasthe$875MacquisitionofRXSavingsSolutionsby

McKesson.

Seethedata→

7

IPOs,arisefromlastquarter’s5-yearlow.

AfterQ2’22sawthelowestnumberofIPOs(1)inthelast5years,IPOsreboundedinQ3’22to7—thehighestquarterlytotalfor2022.ThisbringsthenumberofIPOstoalevelcomparableto2019.MostoftheIPOsinQ3’22wereforcompaniesbasedin

Asia.

Seethedata→

8

StateofDigitalHealth

TLDR

233-18%$0.6B

DealstoUS-basedcompanies,arecentlow.

ThenumberofUSdealsdroppedforthe2ndstraightquarter,down21%QoQ.Quarterlyfundingreached$3B,thelowesttotalsinceQ3’19.Early-stagedealshareintheUSiscurrentlydownin2022comparedtolastyear.

Seethedata→

Fallinfundingto

Asia-based

companies.

FundinginAsiatotaled$0.9BforQ3’22,retreatingunder$1BforthefirsttimesinceQ2’20.Thisrepresentsthe4thconsecutivequarterofdecline.Dealsdroppedtotheirlowestquarterlytotalinmorethan5years.IPOs(6)reboundedfromnoneinQ2’22,andM&Aexitssawgainsaswell.

Seethedata→

FundinginEurope,itslowestlevelsinceQ3’20.

ForthefirsttimesinceQ1’21,digitalhealthfundinginEuropedroppedbelow$1B,a40%decreaseQoQ.Dealsalsodroppedbymorethan40%,andthetotalforQ3’22wasthelowestnumberofquarterlydealsforthelast5years.TheUKsawa50%QoQincreaseinfunding,drivenbya$160Mmega-roundtoCera.

Seethedata→

$0.1B

Riseinmentalhealthtechfunding.

MentalhealthtechfundingsawasmallgaininQ3’22after2straightquartersofdecline.Dealsalsosawamodestincrease.FundingactivitywasledbyAlma($130M)andHappyHealth($60M)intheUSandCureApp($52M)inJapan.

Seethedata→

-50%Fallintelehealthfunding.

Telehealthfundingdroppedforthe3rdstraightquartertoits2ndlowesttotalinthelast5years.Afterseeingsubstantialgrowthin2020and2021,thisyear’stotaltelehealthfundingisprojectedtobelessthanhalfofthatseenin2021.

Seethedata→

9

10

Contents

Asia

StateofDigitalHealth

GlobalTrends

InvestmentTrends

Unicorns

ExitTrends

Investors

CollectionSpotlights

DigitalTherapeutics

MentalHealthTech

ClinicalTrialsTech

Telehealth

HealthIT

GeographicTrends

US

SiliconValley

NewYork

Boston

11

12

36

42

48

52

53

62

71

80

89

98

99

105

109

113

China

India

Japan

Europe

UnitedKingdom

117

123

127

131

135

141

GlobalTrends

11

InvestmentTrends

12

13

ProjectedDeals

2,311

$59.7B

Deals

1,729

Funding

$22.4B

$59.6B

$25.6B

$21.4B

$32.6B

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Projectedfundingat50%andprojecteddealsat74%of2021’stotals

3,142

2,592

2,483

2,594

ProjectedFunding

$$3300.3BB

Funding

$22.8B

20182019202020212022

YTD

14

821

735

724

739

718

677

684

642

638

624

624

614

618

578

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Dealshitlowestpointinyears,fundingatitslowestlevelsinceQ1’19

847

663

610

557

Deals

427

Funding

$4.6B

$4.9B$7.7B$7.5B$5.6B$4.5B$6.6B$4.9B$5.4B$6.7B$6.4B$8.9B$10.6B$12.9B$16.8B$13.9B$16.1B$10.5B$7.2B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1

Q2

2022

Q3

$90M

Asia

$900M

99Deals

US

Africa

5Deals

LatAm&

Caribbean

12Deals

Australia

5Deals

10Deals

StateofDigitalHealth|GlobalTrends|InvestmentTrends

TheUSleadsinfundinganddeals

Canada

Europe

$600M

63Deals

$3.0B

233Deals

$14M

$58M

$38M

15

16

5%8%8%7%7%7%9%6%7%7%6%9%6%7%7%

15%

13%

20%19%22%15%21%19%

25%

27%22%

49%49%50%

46%46%46%

51%51%

21%18%

22%27%

50%50%

47%

30%

20%

28%

27%

23%

23%

23%

23%

23%

24%

28%

26%

53%

54%

52%

51%

50%

18%

18%

18%

18%

18%

8%

17%

26%

49%

AllOtherRegions,7%

Europe,15%

Asia,23%

US,55%

StateofDigitalHealth|GlobalTrends|InvestmentTrends

USdealshareticksupQoQ

7%

14%

26%

52%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1

Q2

2022

Q3

17

Asset/InvestmentManagement,6%

PrivateEquity,7%

Incubator/Accelerator,7%

Corp,8%

CVC,8%

Angel,10%

7%

6%

7%

6%

7%

7%

8%

10%

9%

10%

9%

13%

11%

21%

20%

19%

32%34%33%34%33%31%32%33%33%34%33%32%31%30%32%32%

6%

6%

8%

10%

8%

9%

6%

5%

8%

10%

9%

10%

9%

8%

5%

9%

8%

11%

8%

8%

9%

7%

7%

10%

8%

7%

6%

8%

9%

10%

5%

5%

10%

8%

8%

8%

8%

9%

6%

7%

8%

9%

5%

7%

8%

8%

8%

9%

8%

6%

8%

8%

8%

7%

5%

7%

8%

5%

9%

9%

8%

8%

8%

10%

8%

6%

6%

5%

8%

8%

9%

6%

8%

6%

24%

22%

22%

22%

22%

21%

12%

12%

18%

17%

14%

17%

19%

19%

19%

19%

9%

9%

9%

6%

6%

8%

9%

9%

21%

37%

Other,24%

VC,30%

StateofDigitalHealth|GlobalTrends|InvestmentTrends

VCsretaindealsharelead

7%

6%

8%

10%

8%

8%

25%

30%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1

Q2

2022

Q3

StateofDigitalHealth|GlobalTrends|InvestmentTrends

TelehealthandhealthITseethehighestfundingamounts

HealthIT

Telehealth

ClinicalTrialsTech

MentalHealthTech

DigitalTherapeutics

89deals

91deals

17deals

$0.1B

72deals

$0.7B

27deals

$0.3B

DealsFunding

$1.1B

$1.1B

18

19

MedianDealSize

$4M

$4M

$3M

201820202022

YTD

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Averagedealsizeisat64%of2021’stotal

AverageDealSize

$25M

$16M

$15M

201820202022

YTD

20

Europe

$3M

$3M

$1M

201820202022

YTD

Asia

$5M

$5M

$4M

201820202022

YTD

StateofDigitalHealth|GlobalTrends|InvestmentTrends

MediandealsizeticksdownintheUS

US

$6M

$5M

$3M

201820202022

YTD

21

$20M

Corp

$11M

$15M

$12M

StateofDigitalHealth|GlobalTrends|InvestmentTrends

AllinvestorcategoriesseeadecreaseinmediandealsizeexceptAngel

Angel

201820202022

YTD

$3M

$4M

$4M

Asset/InvestmentManagement

$53M

$20M

201820202022

YTD

CVC

$18M

201820202022

YTD

$16M

$12M

$15M

$10M

201820202022

YTD

PrivateEquity

$35M

$13M

201820202022

YTD

$24M

VC

$9M

201820202022

YTD

43

$9.2B

39

$8.0B

34

$6.3B

30

27

25

$5.3B

$4.5B

$4.4B

17

$4.0B

16

15

$3.5B

13

$3.0B

Funding

$1.2B

10

$2.5B

10

$1.9B

9

$1.8B

9

$1.8B

9

8

$1.8B

$1.9B

Deals

5

$1.4B

7

$1.0B

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Mega-roundfundingdecreasesby37%,dealsfallby46%QoQ

44

$9.3B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1

Q2

2022

Q3

22

$

200M

Europe

StateofDigitalHealth|GlobalTrends|InvestmentTrends

USleadsinquarterlymega-roundfunding

US

$700M

4Deals

1Deal

Asia

$300M

2Deals

23

24

US,4

Asia,2

Europe,1

AllOtherRegions,0

StateofDigitalHealth|GlobalTrends|InvestmentTrends

USmega-roundsseea3-quarterslide,down60%QoQ

34

24

21

10

6

5

3

3

2

2

1

2

1

2

1

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1

Q2

2022

Q3

25

54%

46%

64%

36%

Non-mega-rounds,75%

Mega-rounds,25%

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Mega-round'sshareoftotalfundingdown2percentagepoints

38%

45%43%

49%50%

55%55%58%

66%

73%

78%

62%

55%57%

51%50%

45%45%42%

34%

27%

22%

47%

45%

71%

78%

37%

29%

22%

63%

55%

53%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1

Q2

2022

Q3

26

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:TopequitydealsinQ3'22

Company

RoundAmount

Round

Date

RoundValuation

SelectInvestors

Country

%ofTotalFunding

1

ArsenalBio

$220M

SeriesB

2022-09-06

$606M

KleinerPerkinsCaufield&Byers,Bristol-MyersSquibb,EuclideanCapital,ParkerInstituteforCancerImmunotherapy

UnitedStates

4.7%

2

Cleerly

$192M

SeriesC

2022-07-25

$572M

FidelityInvestments,T.RowePrice,CignaVentures,DigiTxPartners,LRVHealth

UnitedStates

4.1%

3

Allm

$182M

CorporateMinority

2022-07-05

N/A

DeNA,SeibuPropertiesSolutions

Japan

3.9%

4

Cera

$160M

SeriesC

2022-08-03

N/A

KairosHQ,EvolveHealthcarePartners,GuinnessAssetManagement,YabeoCapital

UnitedKingdom

3.4%

5

WeDoctor

$150M

SeriesG

2022-07-05

N/A

ShandongGuotou

China

3.2%

6

Alma

$130M

SeriesD

2022-08-25

$733M

ThomaBravo,InsightPartners,OptumVentures,PrimaryVenturePartners,SoundVentures

UnitedStates

2.8%

7

SendaBiosciences

$123M

SeriesC

2022-08-16

N/A

AlexandriaVentureInvestments,FlagshipPioneering,LongevityVisionFund,PartnersInvestment,StateofMichiganRetirementSystem

UnitedStates

2.6%

8

Fortanix

$90M

SeriesC

2022-08-11

N/A

GoldmanSachsGrowthEquity,FoundationCapital,IntelCapital,NeotribeVentures,GiantleapCapital

UnitedStates

1.9%

9

IncredibleHealth

$80M

SeriesB

2022-08-17

$1.7B

Base10Partners,AndreessenHorowitz,ObviousVentures,444Capital,KaiserPermanente

UnitedStates

1.7%

10

MedicalMicroInstruments

$75M

SeriesB

2022-07-20

N/A

DeerfieldManagement,AnderaPartners,FountainHealthcarePartners,PanakesPartners,SambaTech

Italy

1.6%

27

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Early-stagedealsharecontinuestoleadin2022YTD

12%

11%

10%

15%

18%

18%

62%

63%

65%

59%

11%

12%

10%

14%

9%

9%

20182019202020212022

YTD

Other,14%

Late-stage,10%

Mid-stage,16%

Early-stage,60%

28

StateofDigitalHealth|GlobalTrends|InvestmentTrends

TheUSleadsinearly-andmid-stagedealshare

Early-stage

Mid-stage

Late-stage

Other

USAsiaEuropeAllOtherRegions

23%

49%

43%

84%

32%

36%

51%

18%

13%

14%

7%

7%

8%

6%

5%

29

Late-stage

$73M

$35M

$10M

201820202022

YTD

Mid-stage

$31M

$28M

$17M

201820202022

YTD

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Mid-andlate-stageaveragedealsizesdecreasefrom2021’slevels

Early-stage

$3M

201820202022

YTD

$2M

$2M

30

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:Topseed/angeldealsinQ3'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

RipplCare

$32M

SeedVC

2022-09-28

ARCHVenturePartners,GeneralCatalyst,F-PrimeCapital,GoogleVentures,MassGeneralBrighamVentures

UnitedStates

2

PsychHub

$16M

SeedVC

2022-08-25

FristCresseyVentures,HC9Ventures,Bailey&Company,HealthStream,EmersonCollective

UnitedStates

3

EliteHRV

$11M

SeedVC

2022-07-18

DraftKings,BostonSeedCapital,KarlaniCapital,PermitVentures

UnitedStates

3

SalvoHealth

$11M

SeedVC

2022-08-08

ThresholdVentures,Felicis,TorchCapital

UnitedStates

3

FreedomBiosciences

$11M

SeedVC

2022-08-23

MBXCapital,PsyMedVentures,VillageGlobal,TheYStartupIndex

UnitedStates

3

CarawayHealth

$11M

SeedVC

2022-07-26

7wireVentures,OMERSVentures,Hopelab,LuxCapital,AikeHo

UnitedStates

7

TemboHealth

$9M

SeedVC

2022-08-15

UndisclosedInvestors

UnitedStates

8

Hopscotch

$8M

SeedVC

2022-09-13

Greycroft,InspiredCapital,ColdStartVentures,NewYorkVentures,RemarkableVentures

UnitedStates

8

Dr.B

$8M

SeedVC

2022-08-16

FoundersFund,LererHippeau

UnitedStates

8

SummerHealth

$8M

SeedVC

2022-07-27

LuxCapital,SequoiaCapital,BoxGroup,CoalitionOperators,MetrodoraVentures

UnitedStates

31

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:TopSeriesAdealsinQ3'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

HappyHealth

$60M

SeriesA

2022-08-24

ARCHVenturePartners

UnitedStates

2

ForSightRobotics

$55M

SeriesA

2022-07-18

AdaniGroup,EclipseVentures,MithrilCapitalManagement,LjungstromFamilyOffice,PrecisionCapital

Israel

3

3TBiosciences

$40M

SeriesA

2022-08-25

WestlakeVillageBioPartners,LightspeedVenturePartners

UnitedStates

4

OuiTherapeutics

$26M

SeriesA

2022-08-03

CVSHealthVentures,FirstRoundCapital,OtsukaHealthSolutions

UnitedStates

4

Eyenuk

$26M

SeriesA

2022-08-23

AXAIMAlts,KOFAHealthcare,KendallCapital,A&CFolsgaardAlternative

UnitedStates

6

Nutrisense

$25M

SeriesA

2022-07-13

1315Capital

UnitedStates

6

SodaHealth

$25M

SeriesA

2022-09-13

LightspeedVenturePartners,DefineVentures,QimingVenturePartners

UnitedStates

8

KeyCare

$24M

SeriesA

2022-08-17

HealthXVentures,8VC,BoldCapital,LRVHealth,SpectrumHealthVentures

UnitedStates

9

Mojocare

$21M

SeriesA

2022-08-23

BCapitalGroup,ChirataeVentures,Surge,BetterCapital,AdrianAuon

India

10

MovingAnalytics

$20M

SeriesA

2022-07-11

SeaeVentures,WellingtonManagement,PhilipsVentures

UnitedStates

10

OtolithLabs

$20M

SeriesA

2022-09-07

MorningsideVentures

UnitedStates

32

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:TopSeriesBdealsinQ3'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

ArsenalBio

$220M

SeriesB

2022-09-06

KleinerPerkinsCaufield&Byers,Bristol-MyersSquibb,EuclideanCapital,ParkerInstituteforCancerImmunotherapy,UCSFFoundationInvestmentCompany

UnitedStates

2

IncredibleHealth

$80M

SeriesB

2022-08-17

Base10Partners,AndreessenHorowitz,ObviousVentures,444Capital,KaiserPermanente

UnitedStates

3

MedicalMicroInstruments

$75M

SeriesB

2022-07-20

DeerfieldManagement,AnderaPartners,FountainHealthcarePartners,PanakesPartners,SambaTech

Italy

4

Homeward

$50M

SeriesB

2022-08-03

ARCHVenturePartners,HumanCapital,GeneralCatalyst,GlenTullman,LeeShapiro

UnitedStates

5

GrowTherapy

$45M

SeriesB

2022-09-29

TechnologyCrossoverVentures,TransformationCapital,SignalFire,SiliconValleyBank

UnitedStates

5

DiagnosticRobotics

$45M

SeriesB

2022-07-25

StageOneVentures,ClalInsurance,MayoClinicVentures,BankHapoalim,MigdalInsurance

Israel

7

Elephas

$42M

SeriesB

2022-09-07

ARCHVenturePartners,MooreStrategicVentures,NorthpondVentures,SandsCapital,TaoCapitalPartners

UnitedStates

8

PurpleLab

$40M

SeriesB

2022-07-27

PrimusCapital,EdisonPartners

UnitedStates

9

AnnexusHealth

$33M

SeriesB

2022-08-02

TransformationCapital

UnitedStates

10

Centivo

$30M

SeriesB

2022-07-19

MorganHealth

UnitedStates

10

ADEN

$30M

SeriesB

2022-07-08

HaierCapital,EasternBellCapital,SinovationVentures,XingtuoCapital

China

33

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:TopSeriesCdealsinQ3'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

Cleerly

$192M

SeriesC

2022-07-25

FidelityInvestments,T.RowePrice,CignaVentures,DigiTxPartners,LRVHealth

UnitedStates

2

Cera

$160M

SeriesC

2022-08-03

KairosHQ,EvolveHealthcarePartners,GuinnessAssetManagement,YabeoCapital

UnitedKingdom

3

SendaBiosciences

$123M

SeriesC

2022-08-16

AlexandriaVentureInvestments,FlagshipPioneering,LongevityVisionFund,PartnersInvestment,StateofMichiganRetirementSystem

UnitedStates

4

Fortanix

$90M

SeriesC

2022-08-11

GoldmanSachsGrowthEquity,FoundationCapital,IntelCapital,NeotribeVentures,GiantleapCapital

UnitedStates

5

EchoNous

$57M

SeriesC

2022-09-26

UndisclosedInvestors

UnitedStates

6

Ceribell

$50M

SeriesC

2022-09-21

AllyBridgeGroup

UnitedStates

7

Theranica

$45M

SeriesC

2022-08-29

NewRheinHealthcare,LightspeedVenturePartners,CorundumOpenInnovation,LionBirdVentureCapital,TakoaInvest

Israel

8

Docquity

$44M

SeriesC

2022-08-18

ITOCHUCorporation,KDVCapital,AlkemiVenturePartners,GlobalBrain,Infocom

Singapore

9

Ubie

$26M

SeriesC

2022-07-27

Suzuken,ChubuElectricPower,Dai-ichiLifeInsurance,EggFORWARD,NVentureCapital

Japan

10

QuitGenius

$11M

SeriesC

2022-08-11

OctopusVentures

UnitedStates

10

UpfrontHealthcare

$11M

SeriesC

2022-09-07

BairdCapitalPartners,EchoHealthVentures,FirstTrustCapitalPartners,HydeParkVenturePartners,LRVHealth

UnitedStates

34

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:TopSeriesDdealsinQ3'22

Company

RoundAmount

Round

Date

RoundValuation

SelectInvestors

Country

1

Alma

$130M

SeriesD

2022-08-25

$733M

ThomaBravo,InsightPartners,OptumVentures,PrimaryVenturePartners,SoundVentures

UnitedStates

2

MedGenomeLabs

$50M

SeriesD

2022-08-30

$490M

NovoHoldings,LeapFrogInvestments,Sofina

UnitedStates

2

ElationHealth

$50M

SeriesD

2022-07-26

$358M

AscensionVentures,GenerationInvestmentManagement,ThresholdVentures,AscendPartners,FayRotenbergand

UnitedStates

4

Dami&Xiaomi

$42M

SeriesD

2022-07-29

N/A

ABCImpact,OrbiMedAdvisors,GrandFlightInvestment

China

5

InsilicoMedicine

$35M

SeriesD

2022-08-10

N/A

Prosperity7Ventures,BCapitalGroup,BOLDCapitalPartners,BohaiHuamei,DeerfieldManagement

HongKong

6

Dr.Consulta

$34M

SeriesD

2022-08-01

N/A

Kamaroopin,Lightrock,MadroneCapitalPartners

Brazil

7

LetsGetChecked

$20M

SeriesD

2022-09-08

N/A

CasdinCapital,TransformationCapital,MorganHealth

Ireland

7

Biofourmis

$20M

SeriesD

2022-08-10

N/A

IntelCapital

UnitedStates

9

Insgeek

$13M

SeriesD

2022-09-23

N/A

GuozhongVentureCapitalManagement,HuashengCapital,SIGAsiaInvestments,HRTechInvestments

China

35

StateofDigitalHealth|GlobalTrends|InvestmentTrends

Global:TopSeriesE+dealsinQ3'22

Company

RoundAmount

Round

Date

RoundValuation

SelectInvestors

Country

1

WeDoctor

$150M

SeriesG

2022-07-05

N/A

ShandongGuotou

China

2

CureApp

$52M

SeriesG

2022-08-16

N/A

TheCarlyleGroup

Japan

3

Kyruus

$35M

SeriesE

2022-09-30

$449M

ProvidenceVentures

UnitedStates

3

MonterisMedical

$35M

SeriesE

2022-09-15

N/A

UndisclosedInvestors

UnitedStates

3

uLabSystems

$35M

SeriesE

2022-09-13

N/A

UndisclosedInvestors

UnitedStates

6

ottonova

$34M

SeriesF

2022-09-05

N/A

CadenceGrowthCapital

Germany

7

MomentisSurgical

$4M

SeriesE

2022-09-14

N/A

UndisclosedInvestors

Israel

Unicorns

36

37

TotalUnicorns,105

10

10

StateofDigitalHealth|GlobalTrends|Unicorns

Just3newunicornsborninQ3’22

103

94

86

76

13

8

NewUnicorns,3

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1

Q2

2022

Q3

1

Asia

17

0New

9

US

LatAm&

1

Canada

Europe

Caribbean

StateofDigitalHealth|GlobalTrends|Unicorns

TheUScontinuestoleadintotaldigitalhealthunicorncount

0New

1New

77

2New

0New

38

39

US,2

Europe,1

Asia,0

AllOtherRegions,0

StateofDigitalHealth|GlobalTrends|Unicorns

UnicornbirthsplummetinQ3’2