Digital Health Exits Slowed Down in 2015, But Saw 5 IPOs
Summary
While deal activity into digital health continues to grow, exits saw a slowdown in 2015. The largest digital health exits this year were the 5 IPOs. While all of them went public for valuations above $400M, they were eclipsed by Fitbit, which went public at a valuation above $4B, marking the third $1B+ digital health exit since 2010, after Veeva Systems and Castlight Health. All 5 of the now-public companies tackle very different healthcare issues: with Fitbit in wearables, Teladoc working on telemedicine solutions, Evolent Health moving health systems towards value-based care systems, MINDBODY in booking and management software, and InVitae working in genetics testing. This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:If you aren’t already a client, sign up for a free trial to learn more about our platform.
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