Waystar’s initial public offering could lead to a wave of digital health companies going public. The industry is flush with digital health companies valued at more than $1 billion, called ‘unicorns’, whose investors are seeking payouts. There were 36 unicorns in 2023, up from 15 in 2020, according to Pitchbook data. While investor interest is only a piece of a company’s decision to go public, the growing number of unicorns shows a robust pipeline of potential candidates. Here are some companies analysts predicted could follow Waystar with their own IPOs.
Read the full article: Who Will Be Next to IPO after Waystar? //
Source: https://www.modernhealthcare.com/digital-health/waystar-ipo-ro-noom-headspace-hinge-sword