Increased investments in the mobile and healthcare sectors helped boost the median size of angel and angel group syndicate rounds in the third quarter last year, according to a report by Silicon Valley Bank, Angel Resource Institute and CB Insights. The median size of the syndicate rounds? $640,000.
It’s not surprising that mobile companies accounted for the most deal volume. App growth, particularly for mobile health, has been through the roof. Mobile health technologies are projected to be worth $11.8 billion by 2018. Healthcare accounted for 23.6 percent of angel investment — narrowly beating the Internet sector by a few percentage points. And angel investment in healthcare is often motivated by personal experience or philanthropic desire to save or improve lives. The report defines healthcare as medical devices, equipment, biotechnology and pharmaceuticals.
To read the original article: Healthcare and mobile got more love from angel investors in Q3 (infographic) | MedCity News
