In the news Last month, VillageMD, which is majority owned by Walgreens Boots Alliance, acquired Summit Health-CityMD for ~$9 billion. Days later, Amazon announced that it had launched Amazon Clinic. The clinic will offer users access to telehealth providers and treatment for common conditions such as allergies, hair loss, skin issues, smoking cessation…

The wearable tech market is booming. Experts predict that shipments of wearable devices will exceed 400 million in 2026, leaping 73% from last year. By then, 1.3 billion people will own a smartwatch or fitness tracker, doubling global ownership today. But to what extent can smartwatches, smart rings, and other…

In August, the U.S. Food and Drug Administration issued a rule easing access to hearing aids for millions of Americans with mild to moderate hearing loss. Now, major pharmacy retailers are finally rolling out over-the-counter hearing aids to the masses, allowing people to purchase audio-enhancing devices without an in-person medical…

I’ve been seeing a lot of deals crop up in the relationship-coaching/couples-therapy space. OURS ($5m in May 2022), Paired ($4m in 2021), Ritual ($2m in Feb 2022), Lasting (acquired by Talkspace in 2020), and most recently, Remble ($1.4m in Oct 2022). Investors interested in mental health would be wise to…

Digital health’s venture funding bubble has officially burst Investors across sectors have been waiting for the moment when startups’ sky-high valuations at double-digit multiples were going to normalize, and that day has finally come. According to a recent market research report on the digital health venture landscape by Rock Health, Q3 2022 is shaping up to be the…

A venture capitalist’s POV on investing in psychedelics Problem The global mental health crisis has been a hot topic among investors for the past few years. Today, more than 1 in 5 U.S. adults (22%, nearly 53 million people) suffer from mental illness, costing the U.S. at least $225 billion annually…

3 Bold Predictions About the Consumer Health & Wellness Industry in 2022 and Beyond — Last week, Fitt Insider Co-Founder and friend of mine, Anthony Vennare, posted a thought-provoking ask on LinkedIn — “Make a bold prediction about the health and fitness industry in 2022”. This post got me thinking about the many founders and businesses I’ve had the pleasure of speaking…

How technology is redefining the mental wellness category and increasing accessibility to care — The mental health crisis is a trillion-dollar problem. There are few issues quite as dire as the growing mental health crisis in our country. Nearly 1 in 5 U.S. adults experience mental health issues each year, yet 57.2% of people who need help do not get it. Happiness is on the decline in many countries, and the world…