Clockwise crunchbase5/11/2023 Thomas: “I was also surprised by how much more VCs were interested in health care. Also, the pace at which investors came back, and the degree to which the venture industry and entrepreneurs knew how to deal with a crisis.” There are a lot of folks who have survived this moment and have life-changing impact.” On investment surprisesĮvans: “What surprised me was the pace at which the capital markets and rallying of public markets returned to normal at the beginning of the pandemic. I’m not going back to the office at least for another nine months and even then, I want everyone to have the yellow dot that shows you got the vaccine. I am going to continue to invest in those companies. A number of companies I did last year were being supported by the tailwinds of COVID. Thomas: “COVID created some really long-lasting changes in everything. Another piece is the affordability of health care, and I am starting to see a model of breaking down components so that individual products are affordable.”Įvans: “We put an emphasis on the ‘plumbing’ of health care, the B2B models that have a huge potential to introduce efficiency and effectiveness, and not at the expense of experience.” COVID as a sustainable business opportunity As a result, I see a lot of direct-to-consumer and at-home products. The risk of going into the hospital is high today, and people are afraid. Thomas: “Yes, consumerization right now is an interesting space. Post-COVID has emphasized that in simplifying the experience and making it consumer-first.” O’Keefe: “The consumerization of health and the need for a better experience. With physicians more comfortable in using telehealth, M&A and IPO activity expected to continue, and venture capital not letting up, Fishburn said that “digital health is finally mainstream.” Clockwise from left, Lisa Suennen, Bill Evans, Sydney Thomas, and Lynne O’Keefe On new trends ![]() ![]() He reported that investment in the space reached $14 billion-plus in 2020, with record-breaking capital being invested in some key areas of telehealth, mental/behavior and fitness/wellness. Wainwright Fishburn, global head of digital health at Cooley, kicked off the session with a look at the digital health landscape. ![]() Lisa Suennen, lead of the digital and technology group at Manatt, Phelps & Phillips, led a panel of venture capitalists speaking at the pre-taped “Digital Health: Business Growth and Opportunities” session that included: The well-known consumer electronics show, which was virtual this year, features company showcases, keynote speakers from top global consumer companies, and a plethora of webinars on topics including the latest products to make your home smarter and what’s happening in the fintech, e-commerce and digital health industries. 14, but not before a very interesting session on what’s happening in digital health, particularly around new trends, COVID-19, companies going public and investments. The Consumer Electronics Show 2021 wrapped up on Jan.
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