Venture-capital investment in digital health is rising quickly, but don’t call today’s environment a bubble, says Glen Tullman, a managing partner of 7wireVentures, Morningstar reports.
Digital-health startups raised $14.7 billion in the first half of this year, topping the full-year 2020 total of $14.6 billion, according to Rock Health. Investors hope to repeat the success of companies such as Livongo Health, a 7wireVentures portfolio company that helps patients manage chronic conditions such as diabetes. Livongo, which went public in 2019, was acquired by Teladoc Health last year for $18.5 billion. Read more.
