At the HIMSS23 Venture Connect event on Wednesday, panelists how their investment strategies are changing in a slowed funding landscape. “It is certainly an investor-friendly environment. And it’s not to say that we’ll take advantage of that, per se, but I think the entire reset brings us to more rational levels,” said Milind Parate, managing director of ventures at Northwell Holdings, the venture arm of New York-based health system Northwell Health. Sonal Panda, principal at Tau Ventures, said the firm concentrates on providing funding for companies at the seed stage. “Valuations have corrected. They’ve come down. While it’s good for investors, it’s also good for startups,” Panda said. “We’re seeing companies be a little more cash conscious, capital conscious and allocate capital better, so that it’s not just with one bank.”
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Source: https://www.mobihealthnews.com/news/investors-weigh-digital-health-funding-2023