HealthTech: Thrust into the Spotlight Amid the Pandemic

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Key takeaways

The pandemic has accelerated adoption and growth of virtual and hybrid care models, with 2020 on track to attract a record $16B, far outpacing the $12.1B+ raised in 2019.


HealthTech has raised $12B+ through Q3 2020

The first three quarters of 2020 have already set an annual record for healthtech funding.


Alternative care leaps ahead during the COVID-19 pandemic

In 2020, alternative care has accounted for 38% ($4B+) of venture-backed healthtech funding.


16% of the US may be adversely affected by mental health in 2021

Mental health has seen increased investor activity, with startups projected to raise $1B+ in 2020.