Welcome to Insider Healthcare. I'm healthcare editor Leah Rosenbaum, joined by senior healthcare reporter Megan Hernbroth, and this week in healthcare news:
Private funding for healthcare startups has already smashed records.
The industry had eclipsed $20 billion in total funding raised by the end of September, which was already double the entirety of private funding in 2020, according to a Rock Health report.
The presentations were largely published in full with minimal edits from the versions that founders showed to investors in-person or virtually.
Through an additional analysis, a few common traits emerged among the most successful presentations:
First, the presentations typically included at least 10 slides. On average, the presentations were between 13 and 15 slides in total, with a few distinct outliers like Tia that included more than 20 individual slides.
Most presentations also included industry data making the business' case to investors. For some companies like Twin Health, this meant including demographic data along with anecdotal data to more accurately estimate the potential market size of the company. These figures often help investors decide on a company's valuation during the deal negotiation process.
Longer presentations often included customer testimonies as well, whether via customer reviews or social media accounts of a patients' experience.
Our reporters have been busy analyzing the trends of 2021 — and looking forward to what is going to happen next year.
Allison DeAngelis and Andrew Dunn took a look at the biggest IPOs of 2021, and the investors who currently hold the most sway in the sector. These investors are good to keep an eye on: they're likely the ones who will be making more big moves next year.