2019 Record Year for Digital Health in Israel, Data Shows
Israeli digital health startups raised $662 million across 69 deals in 2019, a 32% increase year-over-year, according to Start-Up Nation Central
2019 saw the trend of later stage rounds continue, with the median round size being $7 million. The data shows that 24% of the investments were made in the decision support subsector, 23.2% in remote monitoring, 19.7% in diagnostics, 13.8% in digital therapeutics, 13.2% in clinical workflow, and 6% in patient engagement. Five companies raised over $30 million in a single round: Healthy.io Ltd., which raised a $60 million C round; Viz.ai Inc., which raised a $50 million B round; EarlySense Ltd., which raised $39 million; Theranica Ltd., which raised a $35 million B round; and DayTwo Ltd., which raised a $31 million B round.
Prominent venture capital funds in the sectors this year were aMoon, which raised a second, $660 million health tech and life science fund; Pitango Venture Capital, which launched its first health tech fund; equity crowdfunding company OurCrowd Ltd., which launched a medtech fund; and Triventures, which launched Triventures ARC in partnership with the Chaim Sheba Medical Center.
The subsector breakdown according to number of companies and number of investments has been updated in this article.