The 8 billion-dollar digital health companies that have triumphed and tanked since going public

Fitbit

• A recent report by CB Insights looked at the 16 digital health companies that have gone public or been acquired since 2011
• In 2018, digital health startups raised $14.8 billion in funding across almost 1,500 deals, the report says.
• Looking at the 8 US companies that held IPOs, Business Insider evaluated each company's stock market performance. Some have surged, rewarding investors. Others have tumbled.
• Take a look at the performance of companies like Fitbit, which is down 80% since its IPO in 2015, and 10X Genomics, up 35%.
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Digital health has been a hot spot for investors.

Innovation in the space ranges from cancer treatments, to telehealth, to digitizing health data. In 2018, digital health startups raised $14.8 billion, and funding has increased almost every year since 2014, CB Insights said.

Eventually, though, startup investors want to see a return on their investment. For that to happen, the startups need to go public or get acquired by another company. Since 2011, 16 digital health companies valued at at least $1 billion have gone public or been acquired, according to CB Insights. Nine of those deals happened in 2018.

Graphic is courtesy of CB Insights.

List of digital health startups that have exited since 2011 via IPO and M&A.

Looking at the eight US companies that held IPOs, Business Insider evaluated the companies' stock market performance. Four of the companies have gained since their IPOs, and four have declined.

Take a look at the list from the best to worst performing digital health companies.

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