InsightsTM Funding Report October 2013

Produced By Steven McDonald, StartUp Health Fellow

Tanner Yager, StartUp Health Financial Analyst Brian T. Edwards, StartUp Health Insights Fellow

www.StartUpHealth.com/insights © 2013 StartUp Health

• Larger but fewer deals suggest maturation in the

digital health industry. Investors are setting a higher bar for entrepreneurs but rewarding those who can demonstrate potential.

• San Francisco, CA-based Basis received significant media attention this month raising $11.75M closing its series B round of $23M, continuing this year’s optimism for the wearables market.*

• With only 31 deals this month compared to 50 in

October 2012 as well as a near 50% increase in over all investment resulted in an increasing average investment to nearly $4.2M.

• Consumer Health saw the largest expansion by individual deals led by Brighter who raised $15M of Series C funding to assist consumers find cost-effective dental care

HIGHLIGHTS STATS

Fewer deals but investment totals soar in October 2013 Y/Y with average deal amount increase nearing 150%

Oct. 2013 31 Deals $131M

US 30 Deals $130M

Int’l 1 Deals $1M

Oct. 2012 50 Deals $85M

2013 YTD 498 Deals $2,448M

2012 YTD 351 Deals $1,650M

32 Known Investors for October 2013

*Note: Basis’ total Series B funding amounts to $23M though only $11.75M of this total was raised in October 2013

2 InsightsTM Funding Report October 2013

Disclosures Information, data, and figures represent publicly available data.

www.StartUpHealth.com/insights

© 2013 StartUp Health

TOP 5 DEALS

Top fundraisers shy of September’s totals but indicate promise for sensors and genetics

Genetic diagnosis support services

Helping consumers find affordable dental

care

Intelligent orthopedic devices measuring

placement and performance

Health and heart rate monitor for fitness and

wellness

Automated, rapid bacterial strain typing for complex samples

$15M $15M $13M $12M* $10M

Series A Series C Series C Series B Series C

ARCH Venture Partners, Polaris

Partners

Tenaya Capital, Mayfield Fund,

Benchmark Capital

Dignity Health, Ziegler Meditech Equity

Partners

Intel Capital, iNovia Capital, Dolby Family

Trust, Stanford University, Peninsula-KCG, Mayfield Fund

Ascension Health Ventures, Excel

Venture Management, HealthCare Ventures

3 InsightsTM Funding Report October 2013

Disclosures Information, data, and figures represent publicly available data.

www.StartUpHealth.com/insights

© 2013 StartUp Health

*Note: Basis’ total Series B funding amounts to $23M though only $11.75M of this total was raised in October 2013

Go to startuphealth.com/insights/oct2013 to download the full report for free

4 InsightsTM Funding Report November 2013 www.StartUpHealth.com/insights

© 2013 StartUp Health