Health entrepreneurs looking for relatively small amounts of seed funding can turn to crowdfunding sites like Medstartr or Health Tech Hatch. But if they need funding in the $2.5 to $5 million range, they’re largely left to venture capitalists, strategic funders or other traditional investors.
Healthfundr, a startup launching Thursday, wants to give health entrepreneurs another option while opening up investing options to a wider pool of people.
Generally speaking, these are pretty good days for digital health startups. According to accelerator Rock Health, for example, funding in digital health was up 35 percent in the first quarter of this year.