Health tech investors shift focus to larger funding rounds, Cityblock secures $116 million
Throughout the past year, investors in digital health have increasingly favored megafunding rounds rather than smaller seed or Series A deals.
In August, community-health startup Cityblock announced a $116 million Series round, illustrating the new scale of capital flowing into the sector.
The trend suggests that capital providers see greater upside in mature digital-health platforms, which could accelerate product development and market expansion for companies targeting integrated care solutions.
Analysts expect the shift toward larger rounds to continue as investors seek to back businesses with proven models and the potential for significant returns.
This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Health tech investors are looking at bigger bets”
read at Endpoints ↗
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