Mar 4, 2022 - Health

Health tech VC says valuation "pendulum" will swing back

Illustration of a hand tapping an app icon with a medical cross

Illustration: Annelise Capossela/Axios

Digital health valuations will recover from their recent dip, CRV general partner Kristin Baker Spohn on Friday said at an Axios Pro Insights event.

"The pendulum swung a bit too far one way and has swung a bit too far back the other way ... I think we'll see an evening out over the next few quarters. In advance of that, I think we'll see increased consolidation."

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