European Telemedicine Update | July 2021

PARIS | July 27th, 2021 – We are pleased to announce the July edition of our Telemedicine report, focusing on the key highlights from H1 2021. While valuation multiples have stabilized on our global index of listed telemedicine companies, M&A and fundraising in Europe have continued to soar through the first half of 2021. With big tech players entering the space, what can we expect for the future of the industry?

Key Highlights:

• M&A activity has accelerated in Europe with 20 deals in the first half of 2021 and €3,730m in disclosed transaction value.
• Fundraising activity continues to soar through June with a total of 30 rounds and €683m in disclosed funding
• US Telemedicine key SPACS and headlines including hims & hers, Owlett, Sharecare, and Talkspace… An increasing trend in the US, but will we see the rise of SPACS in Europe?