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Kate Ryder says that when she was first raising money for Maven Clinic, an on-demand digital care clinic for women and families, the friends-and-family round came together pretty easily. But that was 2014, and Ryder was in London.
By 2016, Ryder and her company were both based in the U.S. She thought the pitch that helped her raise money in London would be persuasive in the U.S., too.: Health care is one of the largest industries in the country. Women control 80 percent of a family s health care spend. Ryder says Millennial women spend 70 percent more on health than Millennial men.
Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more
I had my first telehealth consultation last year, and there’s a high probability that you did, too. Since the pandemic began, consumer adoption of remote healthcare has increased 300%.
Speaking as an unvaccinated urban dweller: I’d rather speak to a nurse or doctor via my laptop than try to remain physically distanced on a bus or hailed ride traveling to/from their office.
Even after things return to
(rolls eyes) normal, if I thought there was a reliable way to receive high-quality healthcare in my living room, I’d choose it.
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After the Teladoc-Livongo merger that shook up the digital health world, many investors are looking outside the industry for its next major deal.
Tech giants like Amazon and Alphabet are the most likely buyers, investors told Business Insider.
Both companies have signaled interest in expanding their healthcare offerings in recent months and after a year of record public returns, could have enough cash on hand to buy up hot upstarts instead of building products or software from scratch.
2020 was a banner year for healthcare mergers and acquisitions. But 2021 could put the last 12 months deals to shame.