If you're an emerging health IT vendor, you'll like this news. During 2006, angel investors got really excited about health IT, plowing a good chunk of the $25.6 billion they spent into medical device and healthcare services startups, according to a new report released by the Center for Venture Research. In fact, medical device and healthcare services startups captured 21 percent of total investments last year, the group reported. What types of investments are the hottest? FierceHealthIT readers won't be surprised to learn that observers expect EMRs to attract steadily more capital over the next year or two. And if you're holding the reigns of a brand-new EMR venture, your chances are better than ever of attracting early stage funding. Last year, in fact, 46 percent of angel investments came at the seed or startup stage.
To learn more about angel investment patterns:
- read this San Francisco Chronicle piece [1]
- read the Center for Venture Research release [2]
Links:
[1] http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/03/20/BUGPAOO29L1.DTL
[2] http://wsbe.unh.edu/Centers_CVR/2006pressrelease.cfm