The VC boom of 2021 spiked healthtech funding in both Omaha and Philadelphia
Leading up to it, however, Philly was seeing steadier growth pulling in investors, according to PitchBook data on capital raised in the healthtech sector over time.
Bar chart comparing annual healthtech capital raised in Omaha and Philadelphia from 2013 to 2023. Title: "The VC boom of 2021 spiked healthtech funding in both Omaha and Philadelphia." Subtitle notes Philly had steadier growth in investor funding. Omaha shows low funding most years except a major spike near 2021. Philly shows consistent growth with a sharp peak in 2021 nearing $1B, followed by a decline but remaining higher than pre-2021 levels. Chart by Katie Malone/Technical.ly using PitchBook data and Datawrapper.
