MobiHealth News: Digital Health Funding in Q1 2017
The first quarter of 2017 has been an impressive one for digital health funding. MobiHealthNews tracked a staggering 46 deals in January, February, and March, totaling $1.47 billion ($1.35 billion in equity and $12 million in debt).
Telemedicine platform provider SnapMD raised $3.25 million in Series A financing, bringing the company’s total funding to date at $9.15 million. The funding will be used to advance SnapMD’s core offering, the Virtual Care Management platform, by expanding sales and marketing efforts as well as securing new partnerships.