All the fundraising deals in the digital health market (from Q1 2025 to Q1 2026)
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The digital health market raised over $7.4 billion across 70 deals in the last five quarters, from Q1 2025 through Q1 2026.
Health IT and clinical workflow software attracted the most funding, showing that investors now favor tools that save time and cut costs inside hospitals and clinics over consumer-facing wellness apps.
AI-powered clinical documentation, virtual care platforms, and connected health devices dominated the biggest rounds, reflecting a market that rewards clear return on investment.
And if you want to better understand this new industry, you can download our pitch covering the digital health market.
In our digital health market deck, we will give you useful market maps and grids
Summary table of the funding deals in the digital health market (last 5 quarters)
You can also read our detailed analysis to understand how funding activity in the digital health market has evolved over the last few years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the digital health market.
| Name | What they do | Amount ($M) | Quarter | Source(s) |
|---|---|---|---|---|
| Truveta | Runs a large-scale clinical data platform for health research and insights | $320M | Q1 2025 | New Market Pitch |
| Abridge | Turns clinician-patient conversations into clinical notes using ambient AI | $300M | Q1 2025 | New Market Pitch |
| Innovaccer | Sells a healthcare cloud that unifies data and automates clinical workflows | $275M | Q1 2025 | New Market Pitch |
| Neko Health | Operates AI-powered preventive health clinics with full-body scanning | $260M | Q1 2025 | New Market Pitch |
| AMBOSS | Provides clinical decision support and medical education software for physicians | $259M | Q1 2025 | New Market Pitch |
| Harrison.ai | Builds AI radiology and diagnostic support software for clinicians | $179M | Q1 2025 | New Market Pitch |
| AlayaCare | Sells cloud software for home and community care providers | $167M | Q1 2025 | New Market Pitch |
| Qventus | Automates hospital operations using AI and real-time analytics | $105M | Q1 2025 | New Market Pitch |
| OpenEvidence | Offers an AI medical search and evidence tool for physicians | $75M | Q1 2025 | New Market Pitch |
| Healthee | Helps people navigate healthcare benefits and costs with AI | $50M | Q1 2025 | New Market Pitch |
| Talkiatry | Provides in-network virtual psychiatry appointments | $130M | Q2 2025 | New Market Pitch |
| hearX / Lexie Hearing | Combines mobile hearing screening with over-the-counter hearing aids | $100M | Q2 2025 | New Market Pitch |
| SheMed | Combines GLP-1 weight management with digital clinical support | $50M | Q2 2025 | New Market Pitch |
| Marble | Builds school-based mental health access for students | $15.5M | Q2 2025 | New Market Pitch |
| Backpack Healthcare | Delivers pediatric mental health care to Medicaid families | $14M | Q2 2025 | New Market Pitch |
| Dawn Health | Builds digital therapeutics and companion apps for chronic diseases | $13M | Q2 2025 | New Market Pitch |
| Seven Starling | Focuses on maternal mental health through virtual programs | $12.6M | Q2 2025 | New Market Pitch |
| beme | Runs peer-support text groups for teen mental health | $12M | Q2 2025 | New Market Pitch |
| Plato Health | Combines AI and connected devices for metabolic health monitoring | $1.4M | Q2 2025 | New Market Pitch |
| Strive Health | Runs a value-based kidney care platform for providers and payers | $300M | Q3 2025 | New Market Pitch |
| Ambience Healthcare | Automates clinical documentation and workflows with AI | $243M | Q3 2025 | New Market Pitch |
| Assort Health | Uses agentic AI to handle patient phone calls and scheduling | $76M | Q3 2025 | New Market Pitch, MobiHealthNews |
| Numan | Runs a digital clinic focused on men's health services | $56M | Q3 2025 | New Market Pitch |
| Jutro Medical | Combines hybrid primary care clinics with AI-enabled telemedicine | $39M | Q3 2025 | New Market Pitch |
| Arbital Health | Analyzes value-based care contract performance for providers | $31M | Q3 2025 | New Market Pitch |
| Glooko | Manages diabetes and chronic-disease data with remote care tools | $30M | Q3 2025 | New Market Pitch |
| Slingshot AI | Builds AI models and tools for mental healthcare delivery | $30M | Q3 2025 | New Market Pitch |
| Isa Saude | Runs a digital-first home healthcare platform in Brazil | $27M | Q3 2025 | New Market Pitch |
| JotPsych | Makes documentation software for behavioral health practices | $5M | Q3 2025 | New Market Pitch |
| Oura | Makes a smart ring for sleep, heart rate, and health monitoring | $900M | Q4 2025 | New Market Pitch |
| Function Health | Offers membership lab testing with dashboards and health insights | $298M | Q4 2025 | New Market Pitch |
| Hippocratic AI | Builds safety-focused AI agents for patient-facing healthcare tasks | $267M | Q4 2025 | New Market Pitch |
| Tebra | Sells practice management software covering EHR, billing, and scheduling | $250M | Q4 2025 | New Market Pitch |
| Curative | Runs a virtual-first employer health insurance model | $150M | Q4 2025 | New Market Pitch |
| Duos | Helps members navigate healthcare and aging services | $130M | Q4 2025 | New Market Pitch |
| Persivia | Offers population health analytics and clinical decision support | $107M | Q4 2025 | New Market Pitch |
| Inspiren | Uses AI and connected devices for safety in senior living settings | $100M | Q4 2025 | New Market Pitch |
| Thyme Care | Runs a cancer care navigation platform for value-based oncology | $97M | Q4 2025 | New Market Pitch |
| Artera | Automates patient communications and workflow orchestration | $65M | Q4 2025 | New Market Pitch |
| Voize | Makes ambient speech AI for nursing documentation | $50M | Q4 2025 | New Market Pitch |
| Midi Health | Runs a virtual menopause clinic for women's health | $50M | Q4 2025 | New Market Pitch |
| Nest Health | Combines medical and behavioral care for Medicaid families | $22.5M | Q4 2025 | New Market Pitch |
| Clarity Pediatrics | Supports pediatric chronic conditions through telehealth visits | $14.5M | Q4 2025 | New Market Pitch |
| FamilyWell Health | Provides women's mental health services across maternal and menopause stages | $8M | Q4 2025 | New Market Pitch |
| No Barrier AI | Delivers live speech translation for healthcare conversations | $2.7M | Q4 2025 | New Market Pitch |
| Fellos | Runs an online men's health clinic in Europe | $2.2M | Q4 2025 | New Market Pitch |
| Linda Lifetech | Uses thermal imaging for breast cancer screening in Brazil | $1.7M | Q4 2025 | New Market Pitch |
| Sprout | Offers employer fertility, surrogacy, and adoption benefits | $1.3M | Q4 2025 | New Market Pitch |
| Pype AI | Builds voice agents that handle patient phone calls | $1.2M | Q4 2025 | New Market Pitch |
| Verily Health | Builds a precision health AI platform for healthcare systems | $300M | Q1 2026 | Verily |
| Science Corporation | Builds a brain-computer interface retinal implant to restore vision | $230M | Q1 2026 | MobiHealthNews |
| Oviva | Delivers reimbursed chronic care and obesity management through an app | $220M | Q1 2026 | All Health Tech |
| Talkiatry | Provides in-network virtual psychiatry (second round in the period) | $210M | Q1 2026 | All Health Tech |
| eMed | Runs telehealth and employer GLP-1 care programs | $200M | Q1 2026 | PR Newswire |
| Grow Therapy | Connects patients to therapy and psychiatry through in-person and telehealth | $150M | Q1 2026 | MobiHealthNews |
| Latent | Automates medication approval workflows using clinical AI | $80M | Q1 2026 | MobiHealthNews |
| Temple | Builds a wearable to measure cerebral blood flow and brain performance | $54M | Q1 2026 | All Health Tech |
| Thesis Care | Uses AI agents for clinical operations and care management | $45M | Q1 2026 | MobiHealthNews |
| Adonis | Monitors claims and denials to fix revenue cycle problems | $40M | Q1 2026 | MobiHealthNews |
| Doctronic | Offers an AI doctor consultation product plus physician video visits | $40M | Q1 2026 | MobiHealthNews |
| Anterior | Modernizes hospital administration with AI automation | $40M | Q1 2026 | All Health Tech |
| Big Health | Sells prescription digital therapeutics for insomnia and anxiety | $23.7M | Q1 2026 | All Health Tech |
| Blossom Health | Runs a telepsychiatry platform for mental health access | $20M | Q1 2026 | MobiHealthNews |
| nyra health | Builds digital neurorehabilitation products for brain recovery | $20M | Q1 2026 | All Health Tech |
| OncoRes Medical | Develops advanced imaging tools for cancer surgery guidance | $19M | Q1 2026 | All Health Tech |
| Lifeaz | Makes connected emergency response devices and CPR training tools | $15.4M | Q1 2026 | All Health Tech |
| BrightHeart | Builds AI prenatal ultrasound software for congenital heart defect screening | $12.8M | Q1 2026 | All Health Tech |
| Nadia Care | Coordinates maternal care for better pregnancy outcomes | $12M | Q1 2026 | MobiHealthNews |
| Vuno | Builds AI diagnostic support tools for radiology and cardiology | $6.9M | Q1 2026 | All Health Tech |
| Oncare | Builds structured chronic care pathways for patients in India | $3M | Q1 2026 | All Health Tech |
In our digital health market deck, we identify pain points entrepreneurs should prioritize
How has funding activity in the digital health market changed over time?
Q4 2025 was the most active quarter for digital health funding at $2.52 billion across 20 deals, but Oura's massive $900 million round alone drove over a third of that total.
Q2 2025 was the quietest quarter in the digital health market, with only $348.5 million raised across nine deals, as no single company closed a round above $130 million.
Total digital health funding in Q1 2026 reached $1.74 billion, which is 31% lower than Q4 2025's $2.52 billion but 12.5% lower than Q1 2025's $1.99 billion one year earlier.
If you strip out the single largest deal each quarter, the pattern looks more stable: Q1 2025 drops from $1.99 billion to $1.67 billion, Q4 2025 drops from $2.52 billion to $1.62 billion, and Q1 2026 drops from $1.74 billion to $1.44 billion. That tells us the underlying digital health deal flow has been fairly consistent, with individual mega-rounds creating the appearance of bigger swings.
| Quarter | Number of deals | Total raised ($M) | Comment |
|---|---|---|---|
| Q1 2025 | 10 | $1,990M | Strong quarter with six deals above $150M, led by Truveta's $320M clinical data round. |
| Q2 2025 | 9 | $349M | Slowest quarter by far; mental health dominated the deal count but rounds stayed smaller. |
| Q3 2025 | 10 | $837M | Strive Health and Ambience Healthcare accounted for nearly two-thirds of the total. |
| Q4 2025 | 20 | $2,518M | Biggest quarter by both deal count and dollars; Oura's $900M round skewed the total significantly. |
| Q1 2026 | 21 | $1,742M | Most deals of any quarter with a balanced mix of large and mid-size digital health rounds. |
| All quarters | 70 | $7,436M | 70 digital health deals totaling over $7.4 billion across five quarters. |
In our digital health market deck, we identify repeatable patterns you can use if you’re building in this market
Which startups in the digital health market raised the largest rounds over the last months?
These startups raised the most recently in the digital health market:
- Oura raised $900 million in Q4 2025 to scale its health-monitoring smart ring, expand its software ecosystem, and grow its global user base.
- Truveta raised $320 million in Q1 2025 to expand its clinical data platform, which hospitals and researchers use for health insights and care improvement.
- Abridge raised $300 million in Q1 2025 to roll out its ambient AI documentation tool to more health systems across the United States.
- Strive Health raised $300 million in Q3 2025 to grow its value-based kidney care platform and sign more payer and provider partnerships.
- Verily Health raised $300 million in Q1 2026 to advance its precision health AI strategy as it became more independent from Alphabet.
- Function Health raised $298 million in Q4 2025 to scale its consumer lab-testing membership and build out its health insights dashboard.
- Innovaccer raised $275 million in Q1 2025 to expand its healthcare cloud platform that unifies clinical data for providers and payers.
- Hippocratic AI raised $267 million in Q4 2025 to scale its safety-focused AI agents designed to handle patient-facing healthcare tasks.
- Neko Health raised $260 million in Q1 2025 to open more AI-powered preventive health clinics and expand its advanced body scanning technology.
- AMBOSS raised $259 million in Q1 2025 to grow its clinical decision support and medical education platform for physicians worldwide.
And, yes, we do cover most of them in our our beautiful pitch about the digital health market.
You may also want to check our ranking of the most funded startups in the digital health market as well as our list of the most valued startups.
In our digital health market deck, we answer all the common questions from investors and entrepreneurs
Is the digital health market shifting toward smaller or bigger deals?
Across all five quarters, the average deal size in the digital health market was approximately $106 million, reflecting a mix of mega-rounds from established players and smaller seed or Series A rounds from early-stage startups.
Quarter by quarter, the average digital health deal size varied significantly: $199 million in Q1 2025, $38.7 million in Q2 2025, $83.7 million in Q3 2025, $125.9 million in Q4 2025, and $82.9 million in Q1 2026. The big swings are mostly explained by one or two outsized rounds each quarter that pull the average up.
If you remove the single largest deal from each quarter, the average digital health deal size settles into a tighter range between $27 million and $85 million, which suggests the typical round in this market is growing steadily but not as dramatically as the headline numbers imply.
| Quarter | Number of deals | Avg. deal size ($M) | Deals below $2M | Deals above $50M |
|---|---|---|---|---|
| Q1 2025 | 10 | $199M | 0 | 9 |
| Q2 2025 | 9 | $39M | 1 | 2 |
| Q3 2025 | 10 | $84M | 0 | 4 |
| Q4 2025 | 20 | $126M | 3 | 10 |
| Q1 2026 | 21 | $83M | 0 | 8 |
| All quarters | 70 | $106M | 4 | 33 |
In our digital health market deck, we help you understand how the market is structured
How concentrated was funding activity in the digital health market?
Digital health funding is consistently top-heavy: in every quarter, the single largest deal captured between 16% and 37% of total dollars raised. In Q2 2025, Talkiatry's $130 million round alone represented 37.3% of the quarter's total, showing how one deal can shape an entire quarter's story.
The concentration eases slightly in the most recent quarters of the digital health market. In Q1 2026, the top deal (Verily Health at $300 million) captured 17.2% of the quarter's total, and the top 3 deals made up 43.1%, both lower than Q2 and Q3 2025, which suggests capital is spreading across more companies as the deal pipeline matures.
| Quarter | Number of deals | % by Top 1 | % by Top 3 | % by Top 10 |
|---|---|---|---|---|
| Q1 2025 | 10 | 16.1% | 45.0% | 100.0% |
| Q2 2025 | 9 | 37.3% | 80.3% | 100.0% |
| Q3 2025 | 10 | 35.8% | 74.0% | 100.0% |
| Q4 2025 | 20 | 35.7% | 58.2% | 93.9% |
| Q1 2026 | 21 | 17.2% | 43.1% | 87.8% |
| All quarters | 70 | 12.1% | 28.5% | 61.3% |
In our digital health market deck, we have designed useful charts to give you full market clarity
Which categories in the digital health market received the most funding?
Health IT and clinical workflow software attracted $1.26 billion across 11 deals, making it the largest category in the digital health market. This happened because hospitals and clinics are under enormous pressure to cut administrative costs, and tools like ambient documentation, revenue cycle automation, and prior authorization software offer measurable savings.
Remote monitoring and connected devices came second at $1 billion, but this category was driven by just two deals: Oura ($900M) and Inspiren ($100M). Both companies sell products with clear clinical or safety monitoring use cases, not generic fitness trackers.
Telehealth and virtual care ranked third with $703 million across eight deals, led by Talkiatry (which raised twice in this period) and eMed. The digital health market continues to reward virtual care models that can demonstrate strong unit economics and payer relationships.
| Category | Number of deals | Total raised ($M) | Startups and amount |
|---|---|---|---|
| Health IT / workflow | 11 | $1,256M | Innovaccer ($275M), Tebra ($250M), Ambience Healthcare ($243M), AlayaCare ($167M), Qventus ($105M), Latent ($80M), Voize ($50M), Anterior ($40M), Adonis ($40M), JotPsych ($5M), Pype AI ($1.2M) |
| Remote monitoring / connected devices | 2 | $1,000M | Oura ($900M), Inspiren ($100M) |
| Telehealth / virtual care | 8 | $703M | Talkiatry ($210M, Q1 2026), eMed ($200M), Talkiatry ($130M, Q2 2025), Numan ($56M), Midi Health ($50M), Doctronic ($40M), Clarity Pediatrics ($14.5M), Fellos ($2.2M) |
In our digital health market deck, we cover the latest tech updates shaping the market
Who are the biggest investors in the digital health market?
Lightspeed Venture Partners was the most active disclosed investor in the digital health market over this period, appearing in three deals: Assort Health, Science Corporation, and Doctronic. Lightspeed Venture Partners has a long track record in healthcare software and AI, which explains its repeated bets on clinical workflow and care delivery startups.
General Catalyst showed up in two digital health deals (Adonis and Latent), both focused on automating financial and clinical workflows in healthcare. General Catalyst's portfolio reflects a thesis that AI-powered back-office tools are the fastest path to ROI in the digital health market.
Kinnevik participated in two deals (Oviva and Anterior), spanning both European chronic care and U.S. hospital automation. Kinnevik brings a cross-Atlantic perspective to the digital health market, investing in companies that serve different geographies but share a focus on operational efficiency.
Transformation Capital backed two digital health startups (Grow Therapy and Latent), both in the mental health and clinical workflow space. Transformation Capital is a healthcare-specialist firm, so its repeated presence in mid-to-large digital health rounds is no surprise.
GO Capital participated in two deals (BrightHeart and Lifeaz), both European digital health companies building connected health devices. GO Capital's focus on hardware-meets-software models in the digital health market positions it as a notable European health tech investor.
In our digital health market deck, we track adoption trends and shifts in consumer behavior
Related blog posts
- All funding deals in digital health
- Which startups have raised the most funding in digital health?
