By: Elaine Wang and Megan Zweig
2020 was the biggest year yet for the digital behavioral health market with companies raking in a record $2.4B in venture funding. This piece explores four key trends that currently define this market: (1) investors pouring more money into later-stage deals, (2) a burgeoning market for generalist and specialist approaches, (3) consolidation for clinical expansions and digital capabilities, and (4) investment opportunities for substance use disorder and developmental disorder solutions.
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