Digital health funding is holding steady — venture capital is flowing, IPOs are reappearing, and megarounds are back in force.

Startups in this space have raised $9.9 billion throughout the first three quarters of this year, according to new data from Rock Health . The third quarter yielded $3.5 billion raised across 107 deals.

During this past quarter, deal activity dipped. There were 107 deals — down from 120 in the second quarter and 124 in the first quarter — but the rounds that did close were larger on average.

Some startups closed funding rounds totaling hundreds of millions of dollars. Examples include the $550 million round raised by value-based kidney care company Strive Health , the $400 million round raised by pharmacy benefit manager Judi Health (formerly Capita

See Full Page