Healthcare and consumer wellness accounted for 14 percent of the venture capital deals in the first quarter of the year, according to a Medcity report.
Here are eight key notes:
1. 7 percent of the VC deals went to healthcare in the first quarter.
2. Consumer healthcare and wellness represented 7 percent of the VC deals.
3. The wearable devices helped fuel mobile healthcare success and consumer health deals.
4. Mobile health deals accounted for around $100 million invested in companies.
5. There was around $1.9 billion invested around 131 deals in healthcare for the first quarter, higher than the same period last year.
6. Three states — California, Massachusetts and New York — accounted for 71 percent of the mobile company deals, showing California's grip on healthcare deals is loosening.
7. Around 44 percent of the dealflow was outside of the traditional technology centers, up 11 percent from last year.
8. Texas had around 8 percent of the dealflow, with Austin representing most of those deals in Texas.