Archive


Category: Startups

  • Diagnostic startups: Time is running out to apply to INVEST Pitch Perfect

    The point of care diagnostics and testing market has climbed dramatically with the rise of the Covid-19 public health crisis. We’re seeking applications for diagnostics startups who would like to take part in INVEST Pitch Perfect Diagnostics 2.0 track at the conference, scheduled to take place March 28-30 in Chicago.

  • Alto Pharmacy Raises $200M to Expand Full-Service Pharmacy Delivery

    What You Should Know: – Alto Pharmacy (“Alto”), the leader in America’s rapidly expanding digital pharmacy market, raised approximately $200 million in an oversubscribed series E financing round led by returning investor Softbank Vision Fund. Free hand-delivery to your door Despite the pandemic, the retail pharmacy industry has been one of the slowest to use […]

  • Talkiatry Lands $37M to Expand In-Network Psychiatric Care

    What You Should Know: – Talkiatry, a leading provider of in-network psychiatric care raised an additional $17M from Left Lane Capital, which totals their current funding to $37M in Series A funding. The completion of this round will support Talkiatry in responsibly scaling mental health services across the United States with national insurance contracts. – The […]

  • Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform

    What You Should Know: – Today, Honeywell announced it has made a strategic investment in RapidSOS, an NYC-based emergency response data platform, to further modernize and digitize the public safety communications process. – In addition to the strategic investment, Honeywell Connected Life Safety System (CLSS) will integrate with the RapidSOS emergency response data platform to provide faster, more accurate communications with 911 agencies. Terms of the investment were not […]

  • Swiftarc Ventures Launches $75M Telemedicine Venture Fund

    What You Should Know: – Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund. – The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.  Investment […]

  • Casana Raises $30M for Effortless Home Health Monitoring

    What You Should Know: – Casana, a healthcare technology firm that is reinventing in-home health monitoring announced it has raised $30M in Series B funding, bringing the total capital raised to $46 million led by Morningside with participation from Matrix Partners, as well as Series A investors General Catalyst and Outsiders Fund. – The Series […]

  • Wheel Raises $150M to Expand White-Labeled Virtual Care Services

    What You Should Know: – Wheel, an Austin, TX-based provider of white-labeled virtual care services and support announced a $150M series C funding round, co-led by Lightspeed Venture Partners and Tiger Global, bringing its total funding to $216 million to date. The round also included participation from new investors Coatue and Salesforce Ventures along with […]

  • Digital Mental Health Clinic Mantra Health Secures $22M to Support University Students

    What You Should Know: – Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, […]

  • Sema4 Acquires GeneDx for $623M to Strengthen AI-Driven Genomic Platform

    What You Should Know: – Today, Sema4 (Nasdaq: SMFR), a health intelligence company, announced it has signed a definitive agreement to acquire GeneDx, a leader in genomic testing and analysis, at a purchase price representing approximately $623 million, strengthening its market-leading health intelligence and genomic screening offerings. – The combined company is projected to deliver $350 million in pro forma 2022 […]

  • Jumpstart Health Launches $55M Venture Fund for Black Founded Health Startups

    Marcus Whitney, Jumpstart Health Investors Co-Founder & Partner What You Should Know: – Jumpstart Health Investors, announced this week the launch of Jumpstart Nova, the first venture fund to invest in Black founded and led healthcare innovation companies. – The $55M fund will invest exclusively in Black founder-led healthcare companies across health IT, digital health, […]

  • Verana Health Raises $150M to Expand Real-World Data Network

    What You Should Know: Verana Health, a digital health company that delivers quality drug lifecycle and medical practice insights from an exclusive real-world data network, today announced a $150 million Series E funding round led by Johnson & Johnson Innovation – JJDC, Inc. (JJDC) and Novo Growth, the growth-stage investment arm of Novo Holdings. – […]

  • Investor insights: Blake Wu of NEA

    In the runup to MedCity INVEST in Chicago, we’re spotlighting the perspectives of investors and what motivates them to invest in startups. If you’re a startup in pharma tech, value-based care and care coordination, diagnostics or remote patient monitoring/smart devices, apply to our Pitch Perfect contest today.

  • Chronus Health Raises $22M for Portable, Rapid Blood Analyzer Technology

    What You Should Know: – Chronus Health, a point-of-care diagnostics company raises $22M in Series A funding led by Tarsadia Investments with participation from Monta Vista Capital, SOSV, Savantus Ventures, and an undisclosed strategic investor. – Chronus intends to use the proceeds of the Series A financing to scale its research, engineering, and data science […]

  • HeyRenee Raises $4.4M for Care Concierge Platform

    c What You Should Know: – HeyRenee, the newest health-tech innovation from Dr. Renee Dua and Nick Desai, the founders of Heal, today announced an oversubscribed $4.4M Seed II funding round led by Quiet Capital, with participation from City Light Capital, Fika Ventures, Global Founders Capital, Mucker Capital, SaaS Ventures, and Tau Ventures. HeyRenee has […]

  • GrayMatters Health Raises $10M for Biomarker-Based PTSD Therapeutics

    What You Should Know: – GrayMatters Health (GMH), a company set to change the standards of mental health care with biomarker-based therapeutics, beginning with PTSD raises $10 million in Series A funding round led by Otsuka Medical Devices Co., Ltd., bringing total funding to $13.5 million. Additional investors in the Series A round included Joy Ventures, J-Ventures, and J-Impact. Existing GMH investors, Marius Nacht […]

  • Headspace Acquires AI Mental Health Startup Sayana

    What You Should Know: – Headspace Health, today announced the acquisition of Sayana, an AI-driven mental health and wellness company. With this acquisition, Headspace Health is expanding its ability to provide highly-personalized mental health care and content to its millions of users in 190+ countries.  – The acquisition comes approx. 6 months after the $3B […]

  • Digital Health Funding Tops $29.1B Across 729 Deals in 2021

    What You Should Know: – Digital health funding in the U.S. reached $29.1 billion across 729 deals, according to latest research from Rock Health, a full-service venture fund dedicated to digital health. The total nearly doubles 2020’s $14.9B record with an average deal size of $39.9M. – The findings signal both the cause and effect of trends […]

  • Aledade Acquires Advance Care Planning Company Iris Healthcare

    What You Should Know: – Aledade acquires Iris Healthcare, a provider of advanced care planning solutions for tens of thousands of patients across the country. Financial details of the acquisition were not disclosed. – As Aledade continues to grow exponentially, the company plans to integrate new patient care solutions to help extend the capabilities of […]

  • Transcarent Raises $200M for Care Platform for Self-Insured Employers

    What You Should Know: – Transcarent, a new and different health and care experience company for employees of self-insured employers and their families, today announced a $200M Series C round led by Kinnevik and Human Capital, with participation from Ally Bridge Group and leading health systems including Northwell Health, Intermountain Healthcare, and Rush University Medical […]

  • PostEra Secures $24M, Forms $260M AI Lab Collaboration with Pfizer

    What You Should Know: – PostEra, a biotechnology company specializing in machine learning for preclinical drug discovery, today announced $24M in equity financing to accelerate medicinal chemistry and bring new cures to patients. – PostEra will use the proceeds to advance a series of partnered drug discovery programs, initiate its own internal drug discovery, and […]

  • Femtech Startup Diana Health Launches with $11M to Redesign Maternity and Women’s Health Programs

    What You Should Know: – Diana Health, the healthcare provider redesigning maternity and women’s health in partnership with leading health systems, today announced $11M in Series A financing and collaboration with TriStar StoneCrest Medical Center, part of HCA Healthcare, one of the largest hospital systems in the U.S. – The funding, co-led byLRVHealthand.406 Ventures, with participation from existing investorAlleyCorp, will be […]

  • Startup Avenge Bio nabs $45M for novel cell therapy approach to ovarian cancer

    The field of biotechs pursuing new interleukin-2 cancer immunotherapies is filled with companies engineering different versions of that signaling protein. Avenge Bio CEO Mike Heffernan said his startup stands apart with a cell therapy that produces human IL-2 that could offer advantages compared to engineered versions of that protein.

  • Little Otter Raises $22M to Expand Pediatric Mental Health Platform

    Dr. Helen Egger & Rebecca Egger, Little Otter Founders What You Should Know: – Little Otter today announced a $22 million Series A raise – one of the largest rounds for a children’s mental health company at this stage – led by CRV. – The mental health startup provides a full umbrella of services to […]

  • Protai Nabs $8M for AI-Powered Drug Discovery Platform

    What You Should Know: – Protai, a Tel Aviv, Israel-based AI-powered drug discovery startup, today announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech. – Protai empowers drug discovery with proteomics and artificial intelligence to unlock new layers of biological insights and to combat […]

  • Caira Surgical Secures $5M for Robotic Solutions for Joint Replacement Surgery

    What You Should Know: – Caira Surgical, a revolutionary computer-assisted navigation system for joint replacement surgery raises $5M from series seed investors to include a leading OUS Strategic and several MedTech venture funds. These include U.S.-based Mountain State Capital; Amsterdam-based Snowboat BV, a Dutch fund formed by the founders of Avania Clinical (previously Factory-CRO); and Grenoble, France-based Haventure, founded by Stephane […]

  • Equality Health Announces New Investment from Governor Jeb Bush-Led Firm

    Equality Health Logo What You Should Know: Equality Health receives an infusion of capital from Governor Jeb Bush-led firm to accelerate its national expansion of the company’s value-based primary care platform. Equality Health, a Phoenix, AZ-based value-based care organization uniquely equipped to address the needs of diverse and historically underserved populations, today announced an equity […]

  • Startup Mythic Therapeutics emerges with $103M to control fate of ADC cancer drugs

    Antibody drug conjugates deliver a targeted strike to tumors, but the toxic payloads of these therapies can still reach healthy tissue. Mythic Therapeutics’ FateControl technology ensures that more of an ADC’s drug payload reaches the tumor, and CEO Alex Nichols is steering the startup out of stealth with $103 million and a lead program in lung […]

  • Medicare Transformation Company Ilumed Raises $16.5M to Expand DCE Services

    What You Should Know: – Ilumed, a Medicare transformation company focused on assisting patients to achieve their healthiest lives by driving lower cost, better quality and more equitable healthcare outcomes raises $16.5M in Series A funding led by Ascend Partners. – Ilumed is one of fifty-three Direct Contracting Entities approved by the Centers for Medicare & […]

  • Innovaccer Raises $150M at $3.2B Valuation to Expand Health Cloud Platform

    What You Should Know: – Innovaccer raises $150M Series E round at a $3.2B valuation as health systems adopt its Innovaccer Health Cloud to accelerate digital transformation. – Launches new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases. Innovaccer Inc. a Silicon Valley-based healthcare data platform […]

  • Ophelia Raises $50M to Expand Its Novel Approach to Opioid Addiction Treatment

    What You Should Know: – Ophelia announced its $50 million Series B funding round, led by Tiger Global to expand access to medication-assisted treatment (the CDC’s recommended first-line treatment) to more people with opioid use disorder. – Funding will enable Ophelia to become a national provider, integrate with additional payors and partners, and grow its […]

  • UpLift Raises $8M to Integrate Psychiatry with Mental Healthcare Delivery Platform

    What You Should Know: – UpLift, a vertically integrated mental healthcare delivery platform raises $8M in secondary funding which they plan to allocate to expand their hybrid model services to include psychiatric treatments in an effort to close the behavioral healthcare gap and optimize the appropriate plan of care. UpLift, the first vertically integrated mental […]

  • Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc.

    What You Should Know: – Dude Solutions, a Clearlake-backed software company acquires Facility Health (FHI), a technology that helps healthcare organizations manage assets and facilities.  Today, Dude Solutions, the leading SaaS provider of cloud-based operations management solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced it has acquired Michigan-based Facility Health, Inc. (FHI). Financial terms  of the acquisition were not disclosed.  Prioritizing Investments, Mitigating Risk, Transforming […]

  • Xandar Kardian Raises $10M for Contactless Health Monitoring

    What You Should Know: – Toronto-based startup Xandar Kardian raises $10M to empower digital automation of building control and contactless measurement of vital biomarkers. Xandar Kardian, a Toronto-based digital health startup announced today that it closed a $10 million Series A funding round led by Phoenix Venture Partners, Portfolia Active Aging & Longevity Fund and Taronga Ventures. Digital […]

  • connectRN Secures $76M for Healthcare Workforce Platform to Address Clinician Burnout

    What You Should Know: – connectRN raises $76M to support the acceleration of its healthcare workforce platform and address clinician burnout. – connectRN is a tech-enabled platform connecting nurses and aides with opportunities to improve their work-life. connectRN, a Waltham, MA-based tech-enabled platform built to improve clinicians’ lives through access to community, opportunity, and support, […]

  • Suki Secures $55M for Voice-Enabled Clinical Assistants to Relive Physician Burnout

    What You Should Know: – Suki raises $55M in Series C funding to expand its AI-enabled, voice-enabled clinical assistants to relieve physician burnout. – Suki will use this funding to make strategic investments that will lead to an expansion of its user base through new and existing partnerships with leading health systems and medical groups […]

  • Femtech Startup Babyscripts Secures Additional $7.5M for Virtual Maternity Care Solution

    What You Should Know: – Femtech startup Babyscripts, the leading virtual care platform for managing obstetrics, has announced an additional $7.5M has been raised during the second close of their Series B funding round. – Investments from Cigna Ventures, Texas Medical Center Venture Fund and Atlantic Health System brings the Series B raise to $19M to date. Babyscripts has raised […]

  • Cell therapy biotech Quell adds $156M for alternative to organ transplant meds

    Quell Therapeutics’ $156 million Series B round comes as it prepares to advance to a clinical trial testing its lead regulatory T cell therapy candidate as way to prevent organ rejection in liver transplant patients. The progress comes as the field of Treg cell therapy research becomes increasingly competitive.

  • Luma Health Secures $130M to Optimize Patient Journey

    What You Should Know: – Luma Health, a provider of patient engagement technology raises $130M to unify, automate, and transform patients’ healthcare journey. Luma Health, a San Francisco, CA-based patient engagement platform, today announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. […]

  • Generate Bio adds $370M for big push toward programmable protein medicines

    Generate Biomedicines applies artificial intelligence and machine learning to protein analysis, which it uses to program its protein therapies for particular applications. The startup now has $370 million in financing to rapidly scale up operations, with a goal of reaching the clinic within two years.

  • Alira Health Acquires Digital Health Engagement Platform Patchai

    What You Should Know: Alira Health acquires Italy-based Patchai, a cognitive platform embedding an empathetic virtual assistant for patient engagement and real-time data collection. This marks Alira Health’s second digital health acquisition, furthering the company’s rapid expansion into patient-centric, technology-enabled solutions for healthcare providers, payers, and suppliers. Alira Health, a Framingham, MA-based health care consultancy, […]

  • Biotech R&D Platform Benchling Closes $100M at $6B Valuation

    What You Should Know: Biotech R&D platform Benchling raises $100M at a $6B valuation, co-led by Franklin Templeton and Altimeter Capital to expand product development and global footprint, particularly in EMEA. More than 200,000 scientists at over 600 companies and 7,000 research institutions globally have adopted Benchling’s R&D Cloud to make breakthrough discoveries and bring […]

  • EasyHealth Secures $135M to Redesign Medicare Experience

    What You Should Know: – Easyhealth raises $135M to redesign Medicare with its end-to-end Medicare experience to help 50 million Medicare members find the best plan and support them through their healthcare journey. EasyHealth, an LA-based company connecting coverage and care with an end-to-end Medicare experience, today announced it has raised $135M in equity and […]

  • Who won INVEST Pop Health Pitch Perfect?

    Six healthcare startups took center stage at the conference and presented their approaches to addressing pain points in chronic condition management and population health.

  • RA Capital reveals next play in protein degradation, this time outside the cell

    The first wave of biotechs developing drugs that employ targeted protein degradation target disease-causing proteins inside the cell. Biotech startup Avilar Therapeutics, formed by RA Capital Management and led by CEO Dan Grau, is targeting proteins outside of the cell and it’s out of stealth backed by $60 million.

  • aptihealth Raises $50M to Scale Behavioral Health Platform

    What You Should Know: – aptihealth raises $50 million in Series B funding to scale higher acuity behavioral healthcare services. – New capital from world-class syndicate will accelerate the growth and expansion of aptihealth’s tech-driven, novel care model for outcomes-based behavioral healthcare. aptihealth, a Boston, MA-based tech-driven behavioral health provider built to transform higher acuity […]

  • Home Care Startup MedArrive Raises $25M for Affordable At-Home Care

    What You Should Know: – Home care startup MedArrive raises $25M in Series A funding led by Section 32 to accelerate platform buildout, network expansion to bring affordable at-home care to vulnerable populations across the country. – MedArrive enables healthcare payers and providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare […]

  • LifePoint Health Launches Health Tech Incubator, 25m Health in Nashville

    What You Should Know: – LifePoint Health launches 25m Health, a Nashville-based Healthtech Venture Studio with 25madison, as part of “LifePoint Forward” Innovation Strategy LifePoint Health has announced a partnership with New York-based venture studio 25madison to launch a first-of-its-kind health tech startup incubator in Nashville. Seeded with a starting investment of $20M and dubbed […]

  • H1 scores $100M to build out clinician network

    The company, which pulls together information on clinicians and researchers, recently closed a funding round led by Altimeter Capital. It plans to use the funds to build out more features and grow its network.

  • A preview of MedCity INVEST 2022: A return to in-person conferences

    INVEST, scheduled for March 28-30, 2022 in Chicago, marks a return to in-person events for MedCity News. The conference, held in partnership with Mid-America Healthcare Investors Network, will spotlight healthcare innovation, investment trends, and share insights from healthcare executives.

  • H1 Raises $100M to Expand Healthcare Professional Data Network

    What You Should Know:  – Health tech startup H1 announced that it has raised a $100M Series C round of funding. NY-based H1 plans to invest the funds in the expansion of its data and network, product development and hiring, with a goal to make H1 the core global healthcare network for every  medical professional […]

  • Ribbon Health Raises $43.5M for Healthcare API Data Platform

    What You Should Know:  – Ribbon Health, an API data platform that powers high-quality, cost-effective, and convenient care decisions, announced a $43.5 million Series B investment led by General Catalyst and with participation from new and current investors, including Andreessen Horowitz (a16z), BoxGroup, Rock Health, and Sachin Jain.  – Ribbon plans to use this funding […]

  • PathologyWatch Lands $25M for Digital Dermpath Lab Platform

    What You Should Know:  – Digital lab and pathology platform PathologyWatch, today announced $25 million in Series B funding with participation from Ceros Capital Markets, Rock Creek Capital,Springtide Capital, Spark Growth Ventures, Blueprint Health, Blackbrook Management Group, and existing investors. – AI in diagnostic services grew by 80% in 2020, largely in response to the […]

  • AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

    What You Should Know: – AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as […]

  • Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

    What You Should Know: – Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google’s AI-focused fund). – Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the […]

  • Gates Foundation commits up to $90M for Inventprise pneumococcal vax trials

    Vaccine biotech Inventprise has developed technology that offers broader protection than currently available products. Its lead program, a pneumococcal vaccine candidate, is being readied for tests in humans and it now has a financial commitment of up to $90 million from the Bill & Melinda Gates Foundation.

  • CRISPR-editing biotech Arbor Bio adds $215M for liver, CNS disease therapies

    Arbor Biotechnologies raised new cash to keep up the pace in the chase for new genetic medicines. The MIT spinout applies artificial intelligence and machine learning to discover CRISPR enzymes applicable for gene-editing therapies; the Series B financing comes as programs in liver and central nervous system disorders move closer to human testing.

  • Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

    What You Should Know: – Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. – Sirona Medical Inc. is addressing the needs of today’s radiology practices with a novel cloud-native […]

  • Techstars Launches Future of Longevity Accelerator 2021 Class

    What You Should Know: – Techstars, today announce the 2021 class of the Techstars Future of Longevity Accelerator, run in partnership with Pivotal Ventures, an investment and incubation company created by Melinda French Gates to advance social progress in the United States. – The 13-week program focuses on innovative solutions to address the unmet needs […]

  • Biotech startup Marengo unveils $80M and a new way to get T cells to fight cancer

    Apple Tree Partners’ latest cancer biotech company, Marengo Therapeutics, is using antibodies to selectively activate T cells to fight cancer. Led by former Merck KGaA executive Zhen Su, the startup is launching with $80 million in financing, which will support a drug pipeline that includes a lead program expected to reach the clinic in 2022.

  • Aver Raises $58M Led by Cox Enterprises, Rebrands as Enlace Health

    What You Should Know: – Aver, Inc., an end-to-end solution that solves the infrastructure challenges driving today’s unsustainable healthcare system announced a $58M investment led by Cox Enterprises and with participation from other existing investors to accelerate the scale and deployment of its new Enlace Health brand. The capital will be used to accelerate growth and […]

  • Senior Companion Platform Papa Raises $150M at $1.4B Valuation

    What You Should Know: – Senior companion and support platform Papa, today announced a $150M in Series D funding to extend the reach and scale of Papa’s innovative solution.  With a valuation of $1.4B, this funding round, led by SoftBank Vision Fund 2 and with participation from TCG, Tiger Global Management, Canaan, Initialized Capital and Seven Seven Six, brings Papa’s total funding to $240 million. […]

  • Raydiant Oximetry Nabs $5M for Fetal Oximeter that Monitors Babies’ Oxygenation During Childbirth

    What You Should Know: – Fogarty Innovation, a nonprofit educational incubator for medical technology companies, announced today that its graduate, Raydiant Oximetry, Inc., has raised an oversubscribed round of $5M Series A2 financing led by Avestria Ventures, which invests in early-stage women’s health companies, and syndicated by KOFA Healthcare, V-Capital, Band of Angels, FemHealth Ventures, RHIA Ventures, […]

  • Notable Secures $100M to Expand Intelligent Automation in Healthcare

    What You Should Know: – Notable, a San Mateo, CA-based leader in healthcare intelligent automation, today announced it has raised $100M in Series B funding led by ICONIQ Growth, including participation by Greylock, F-Prime Capital, and Oak HC/FT to accelerate growth and innovation within the healthcare industry.  – The company plans to use the new round […]

  • Femtech Company illumigyn Raises $33M for Remote Gynecological Platform

    What You Should Know: –  Femtech company illumigyn, the world’s first remote gynecological imaging platform, today announced that it has raised $33M from Yozma Group Korea and Ubicom Holdings Japan. – . The first FDA-cleared remote gynecological platform, the Gynescope™, digitally documents the cervix, vagina, and external genitalia. High-quality resolution and superior magnification enhance details […]

  • Wellinks Secures $25M to Expand Virtual COPD Management Solution

    What You Should Know: Wellinks, a digital health company for virtual COPD, announced it has closed a $25M funding round, led by new investor Morningside Venture Investments and joined by returning investors HighCape Capital, Connecticut Innovations, Benslie Ltd., and Stonehenge Capital. – COPD is the third leading cause of death by disease in the U.S. […]

  • LightForce Orthodontics Secures $50M for Customized, 3D Printed Orthodontic Solutions

    What You Should Know: – LightForce Orthodontics, makers of the world’s only fully customizable 3D printed braces system, today announced that the company raised a $50 million Series C round led by Kleiner Perkins. Previous LightForce investors also participated in this round, including Matrix Partners, Tyche Partners, and AM Ventures. – The new funds will […]

  • Livongo Exec Launches FemTec Health with $38M to Transform Healthcare Experience for Women

    FemTec Health’s Services What You Should Know:  – Today, former Livongo executive Dr. Kimon Angelides announced the launch of FemTec Health, a women’s health sciences and beauty company with $38M in funding focused on using technology and data to transform the total healthcare experience for women.  – Investors, capital and shareholders include Longmont Capital, Ithaca […]

  • Medable Secures $304M at $2.1B Valuation for Decentralized Clinical Trials Platform

    What You Should Know: – Decentralized Clinical Trials (DCT) leader Medable, today announced a $304M Series D funding round today – the company’s largest and fourth funding round in 18 months, bringing total capital raised to $521M – and valuation to $2B+. The funding round was co-led by new investors Blackstone Growth and Tiger Global and existing investor GSR Ventures. The round […]

  • Anomaly Secures $17M to Expand Precision Payment Platform to Improve Payment Accuracy

    What You Should Know: – Anomaly, a precision payments platform using artificial intelligence (AI) to improve payment accuracy in the healthcare industry, today announced $17M in series A and seed funding. The series A was led by RRE Ventures and included participation from Link Ventures and existing investors Madrona Venture Group, Declaration Partners, and Redesign […]

  • Arine Raises $11M to Scale AI-Driven Medication Optimization Platform

    What You Should Know: – Arine, a San Francisco-based AI-driven platform that optimizes medication management, reduces costs and improves outcomes for health plans and providers today announced that it closed $11 million in an oversubscribed Series A round co-led by 111° West Capital Partners and Katalyst Ventures, with strategic investments from Magellan Health Inc. and SCAN […]

  • Zerigo Health Raises $43M, Appoints Glen Tullman as Executive Chairman

    What You Should Know: – Today, Zerigo Health, a San Diego, CA-based connected light therapy solution for treating chronic skin conditions at home or on the go, today announced a $43M Series B funding round led by 7wireVentures, joined by General Catalyst, Dragoneer, Cigna Ventures, Leverage Health Solutions, and Leaps by Bayer. – In addition, […]

  • Bardavon Health Innovations Secures $90M to Advance MSK Platform Beyond Workers’ Compensation Care

    What You Should Know: – Bardavon Health Innovations, a Workers’ Compensation and musculoskeletal (MSK) health company, today announced a Series C funding of $90 million led by investor Matrix Capital Management, a public and private investment firm, joined by WestCap, a growth equity firm. – Bardavon, a privately held, Kansas City-based digital health partner, connects all stakeholders to better manage MSK injuries and health. […]

  • Skyflow Secures $45M to Expand Health Data Privacy Vault – HLTH21

    What You Should Know:  – Skyflow, a Palo Alto, CA-based customer data privacy company, today announced a $45M Series B financing round led by Insight Partners. Additionally, existing investors Canvas Ventures and Foundation Capital as well as executives from Plaid and Coinbase Board Member Gokul Rajaram invested in the Series B. With this new investment, […]

  • Insiteflow raises $2.3M to solve workflow interoperability 

    Seeing challenges in making third-party solutions actionable, Anthony Gerardi co-founded a startup to make it easier to view and pull more clinical solutions into the EHR. After bootstrapping his startup, Insiteflow raised $2 million in funding. 

  • Four big pharma companies team up in AI initiative focused on drug R&D

    A new startup initiative in Israel aims to create and invest in startups that use artificial intelligence to address challenges in drug discovery and development. Called AION Labs, this innovation lab stems from an economic development effort from the Israeli government and will have contributions from AstraZeneca, Merck, Pfizer and Teva Pharmaceutical.

  • Lark Health Raises $100M for Digital Care Management & Prevention Platform

    What You Should Know:  – Lark Health, a healthcare technology company aimed at delivering infinitely scalable, virtual chronic and preventative healthcare through conversational AI announced it has raised $100M in Series D funding led by Deerfield Management Company. The funding round also includes crossover fund PFM Health Sciences, as well as returning investors Franklin Templeton, […]

  • Backed by a16z, Sprinter Health Raises $33M to Build the “DoorDash for Lab Draws”

    What You Should Know:  – Sprinter Health, an on-demand mobile health company that wants to make getting lab work done, vitals checked or a rapid Covid test as easy as ordering food delivery, today launched with $33 Million in Series A funding led by Andreessen Horowitz (a16z), with participation from General Catalyst, Accel, Google Ventures […]

  • Oshi Health Secures $23M to Expand Virtual Gastrointestinal Care

    What You Should Know:  – Oshi Health, a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics, today announced it has secured $23M in Series A funding. The round was co-led by Flare Capital Partners, Bessemer Venture Partners and Frist Cressey Ventures with a strategic investment from CVS Health Ventures.  Takeda Digital Ventures, […]

  • Devoted Health raises $1.1B, sending valuation soaring past $12B

    Though the Medicare Advantage-focused insurance technology startup is smaller than rivals like Clover Health in terms of membership and revenues, this latest financing round places it ahead of, or at least on par with, several larger competitors with regard to total funds raised.

  • MindMaze Secures $125M to Accelerate Commercialization of Digital Neurotherapeutics Platform

    Simon plays MindMotion™, MindMaze’s neuro-rehab platform What You Should Know: – MindMaze, a SaaS-based digital neurotherapeutics platform raises $125M led by AlbaCore Capital Group, one of Europe’s leading specialist investors focusing on public and private corporate credit markets. MindMaze delivers seamless digital assessments and therapeutics over the full continuum of care in over twenty countries, with thousands […]

  • NowRx Secures $73M to Expand Same-Day Prescription Delivery & Telehealth Services

    What You Should Know: – NowRx, a Mountain View, CA-based provider of same-day prescription delivery and telehealth services, today announced it is raising a $73M in Series C funding through equity crowdfunding platform SeedInvest.  – By leveraging customized robotic dispensing, industry-leading consumer and driver apps, and QuickFill, a proprietary pharmacy management and logistics system, NowRx can offer same-day […]

  • Lightship Raises $40M to Bring Decentralized Clinical Trials at Scale

    What You Should Know: – Lightship, a virtual-first provider of clinical trials, today announced that it has raised $40M to create access to clinical research for all patients and improving diversity among patient groups taking part in clinical trials around the world led by Define Ventures and Brook Byers, with participation from Khosla Ventures, McKesson […]

  • Tokyo Startup Bisu Raises $3.2M for ‘Lab-On-A-Chip’ Urine and Saliva Analyzer

    What You Should Know: – Bisu, Inc., a  Tokyo-based digital health startup that helps people improve their health and wellness through lab-grade testing at home, today announced ­$3.2M in seed funding led by Korean biotech investor QUAD, with participation from ASI­CS Ventures Corporation, 15th Rock Ventures, Pacifico Investments, and SOSV. – The funding will enable Bisu to bring to market Bisu Body […]

  • Pivotal Analytics $10.2M for Healthcare Data Analytics Platform

    What You Should Know: – Pivotal Analytics, a provider of strategic healthcare analytics solution Pivotal, announced it has raised $10.2M in a Series A funding round. This investment was led by one of the largest owner-operators of medical office buildings in the United States, with participation from three existing investors. – Pivotal, the company’s flagship business intelligence platform, is […]

  • Allied with Amgen and backed by $500M, Neumora brings data science to brain drugs

    Neumora Therapeutics unveiled $500 million in capital and a research partnership with Amgen. The startup analyzes neurological data to inform its drug research and development; President and Chief Operating Officer Lori Lyons-Williams said researching psychiatric drugs and neurodegenerative drugs within the same company allows brain insights from one area to inform the other.

  • Exo Therapeutics adds $78M as cancer, inflammation drugs march toward clinic

    Biotech startup Exo Therapeutics aims to overcome the challenges of drugging proteins by targeting exosites, locations that modulate enzyme activity. The company has four small molecule drug candidates for cancer and inflammation, and the company plans to use the $78 million in new financing to advance them toward human testing.

  • Genetika+ Raises $10M for Personalized Medicine for Psychiatry Solution

    Genetika+ Co-Founders Talia Cohen-Solal, Ph.D., and Daphna Laifenfeld, Ph.D What You Should Know:  – Genetika+, a female-founded startup focused on developing personalized medicine for psychiatry conditions, that the company has closed a $10 million Series A round led by GreyBird Ventures with participation from Meron Capital, Jumpspeed Ventures, Sapir Venture Partners, Howard Morgan Chairman of […]

  • axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution

    – Wayspring, formerly axialHealthcare, announced today its new name and a $75M investment from Valtruis, Centene Corporation, CareSource, HLM Venture Partners, and existing investors Highmark Ventures, .406 Ventures, the Blue Venture Fund, and Oak HC/FT.  Wayspring will use the capital to scale its value-based care solution, a full-risk medical home model for substance use disorder […]

  • AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

    What You Should Know: – AlleyCorp, a NYC firm dedicated to founding, funding, and building transformative companies across industries today announced the launch of the AlleyCorp Healthcare Fund, an $100M early-stage venture capital healthcare fund and incubator. The physician-led healthcare fund builds on AlleyCorp’s momentum in digital health and responds to the growing need and […]

  • Vital Raises $15M to Expand AI-Powered Emergency Department Platform

    What You Should Know: – Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold […]

  • NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

    What You Should Know: –  NovaSignal Corp., a Los Angeles-based medical technology and data company specializing in the assessment and management of brain health, announced today it has closed $37M in a Series C1 round of funding led by Alpha Edison and Reimagined Ventures. – By applying robotics and artificial intelligence to cerebral ultrasound, NovaSignal […]

  • Membersy Raises $66M for Dental Subscription Management/Billing Platform

    What You Should Know: – membersy, the digital health company democratizing access to quality dental care through subscription-based dentistry, today announced it has raised $66 million from Spectrum Equity. The growth-investment coincides with several board member additions that will help guide the company as it reorients the dental industry’s existing payment methodologies, empowering DSOs to […]

  • Inaugural AWS Summit Healthcare Accelerator Finalists Announced

    What You Should Know: – Amazon Web Services (AWS), today announced the ten finalists and participants for the first ever AWS Healthcare Accelerator.  The ten companies were selected from 427 applications from 31 countries around the world by a panel from Amazon Web Services (AWS) and KidsX.  The AWS Healthcare Accelerator is a four-week technical, […]

  • Cedars-Sinai Accelerator selects 8 new health tech startups

    The seventh accelerator class includes startups with a range of offerings, from accessible fitness for aging patients to skeletal reconstruction. Each of the eight companies will receive $100,000 and access to clinicians, researchers and administrators to develop their products and grow their businesses.

  • Aiming for better genetic medicines delivery, startup GenEdit grabs $26M

    Biotech startup GenEdit is developing polymer nanoparticle technology to deliver genetic medicines, an approach intended to avoid the limitations of viral vectors. Already partnered with a clinical-stage company, it now has financial support from a big pharma giant that joined a syndicate of investors in a $26 million Series A round.

  • Pearl Health Raises $18M to Support Independent Primary Care Physicians

    What You Should Know: – Pearl Health, a New York City-based primary care physicians (PCP) group today announced it has raised $18M in Series A funding led by a16z, with AlleyCorp and Kevin Ryan participating.  – Co-founded by Dr. Jeffrey De Flavio (founder of Groups: Recover Together), Michael Kopko (Oscar Health, Bridgewater Associates) and Ankit […]

  • NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

    What You Should Know:  –NOCD, a Chicago-based provider of obsessive compulsive-disorder (OCD) treatment raises $33M in Series B funding led by F-Prime Capital, with Eight Roads Ventures, and Kaiser Permanente Ventures participating along with existing investors including 7wireVentures, Health Enterprise Partners (HEP), and Chicago Ventures. – The funds will be used to expand NOCD’s community, […]

  • Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform

    What You Should Know: – Pager, a New York City-based virtual care navigation and collaboration platform, today announced it has raised $70 million as part of an equity and debt financing round led by Susquehanna Private Equity Investments and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., […]

  • Xealth Secures $24M to Scale Digital Prescription Platform

    What You Should Know: – Xealth, a Seattle-based provider enabling digital health at scale, today announced that the company has secured $24 million in Series B funding led by Advocate Aurora Enterprises, a subsidiary of Advocate Aurora Health. Seven additional health systems – Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and […]

  • eVisit Nabs $45 Million to Scale Virtual Care Platform

    What You Should Know: – eVisit, a Phoenix-based virtual care platform for large healthcare providers, today announced that it has closed a $45M in Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health […]

  • Alpha Medical Lands $24M for Women’s Virtual Primary Care Platform

    What You Should Know: – Femtech company Alpha Medical, today announced it has raised $24M in Series B funding to expand its market share in women’s virtual primary care. Alpha Medical recognizes that women’s healthcare needs reshaping to include reproductive health, primary and urgent care, and mental health services. – Alpha Medical leverages a unique […]

  • Nomad Health Secures $63M for Digital Marketplace for Temp Healthcare Jobs

    What You Should Know: – Nomad Health, a digital marketplace for temporary healthcare jobs, today announced the completion of $63M in new equity and debt financing led by Adams Street Partners and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank. With this financing, […]

  • 9am.health Launches Virtual Diabetes Clinic, Raises $3.7M

    What You Should Know: –  9am.health, a new San Diego, CA-based virtual diabetes clinic delivering personalized, affordable and kind care directly to consumers, today announced the launch of its unique virtual care platform, which provides comprehensive, affordable and compassionate care to people living with prediabetes or type 2 diabetes. In addition, the company also announced […]

  • INVEST Digital Health preview: The role of digital twins in life sciences

    INVEST Digital Health kicks off today and runs through September 23. Held in a virtual format due to Covid-19, the healthcare conference brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups. Register today!

  • Hinge Health Acquires wrnch for Advanced PT Tech to Track Human Motion

    What You Should Know: – Hinge Health, a Digital Musculoskeletal Clinic™, today announced it has acquired wrnch, developer of the leading computer vision platform for measuring human motion. Financial details of the acquisition were not disclosed. – wrnch’s three-dimensional motion-tracking technology enables the same precise tracking of full-body movement used by elite athletes and the […]

  • Vyne Medical Acquires Ahana Pediatrics and its Connected Care Solution

    What You Should Know: Vyne Medical announced the acquisition of Ahana Pediatrics, Inc., and its advanced connected care solution. Designed to empower groups of clinicians to collaborate in delivering higher-quality care to patients, the technology will be incorporated into Vyne Medical’s cloud-based Refyne™ platform. Financial details of the acquisition were not disclosed. Vyne Medical’s SaaS-based […]

  • Brain data startup Rune Labs reveals $23M, plans to rev up neuro drug R&D

    Rune Labs developed software that aggregates brain data, providing insights for clinical care and clinical research. Health systems are starting to adopt the technology, and the startup has now raised $22.8 million to grow that part of the business while also expanding use of the technology in drug development.

  • Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform

    What You Should Know: – Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, […]

  • Rune Labs Lands $22.8M to for Neurology Precision Medicine Platform

    What You Should Know: – Today, Rune Labs, founded by the former head of Google neuroscience, announced a $22.8M Series A round for the development and delivery of precision medicine for neurodegenerative and psychiatric disorders and diseases like dementia, Alzheimer’s, and Parkinson’s, as well as neurological conditions resulting from COVID infections. The round was led […]

  • Flywheel Acquires Radiologics, Raises $22M for Biomedical Research Platform

    What You Should Know: – Flywheel, a biomedical research data management platform, announced the acquisition of St. Louis-based Radiologics. The two organizations’ combined capabilities in imaging research data management and analytics provide the medical research community unrivaled end-to-end research workflow solutions—from open source to global enterprise. – In addition, the company announced a $22M Series […]

  • Caresyntax Raises Additional $30M for Digital Surgery Platform

    – Caresyntax, a digital surgery platform, today announced a $30M extension to its Series C funding round included participation from BlackRock, ProAssurance, and Harmonix. In addition to existing investors such as the Relyens Group and IPF Partners. This extension brings the total Series C funding to $130M. – Caresyntax’s digital surgery platform uses proprietary software […]

  • Neuro startup Vanqua Bio emerges with $85M and a first focus on Parkinson’s

    Vanqua Bio aims to treat rare form of Parkinson’s disease by boosting activity of an enzyme that is deficient in patients who have a particular genetic mutation. With $85 million in Series B financing, the biotech startup, which is based on Northwestern University research, aims to reach human testing within two years.

  • Tia Raises $100M to Build Modern Medical Home for Women

    What You Should Know: – Women’s healthcare company Tia just announced a $100M series B round, representing one of the largest raises for a woman-led startup at the series B stage. – Tia now provides whole-woman care to women throughout their entire lives via a blended virtual and in-person care model that fuses primary care, […]

  • Lightstone Ventures Raises $375M Fund to Invest in Early Stage Biotech and Medtech Companies

    What You Should Know: – Lightstone Ventures today announced the closing of Lightstone Ventures III with $375M in capital commitments, to invest in early-stage companies developing high-impact therapeutics and technologies. – The new fund was oversubscribed, exceeding the firm’s targeted raise, and included strong support from both new and existing limited partners. With the closing […]

  • Babyscripts raises $12M, plans to expand to all 50 states

    The maternal care startup is backed by major health systems including MemorialCare Health System, whose innovation arm led the most recent funding round. Babyscripts offers a mobile app providing education and resources for the pregnancy and postpartum journey.

  • Femtech Startup Babyscripts Secures $12M for Virtual Maternity Care Solution

    What You Should Know: – Babyscripts, a Washington D.C.-based virtual care platform for managing obstetrics, announced it has raised $12M in  Series B funding led by MemorialCare Innovation Fund, a strategic healthcare investment company, and will focus on the rollout of Babyscripts Virtual Maternity Care solution to providers across the US, as well as the […]

  • Eleos Health Raises $6M to Expand VoiceAI-Powered Behavioral Health

    What You Should Know: – Eleos Health, a digital health startup transforming behavioral healthcare with voice-based AI insights, today announced the close of $6M in seed funding to develop and launch their new category of automated health tech solutions that accelerate clinicians’ decision making led by aMoon Fund with participation from lool ventures, who led […]

  • Genetic meds pioneer James Wilson has a new startup, this time in gene editing

    Biotech startup iECURE is based on work from the University of Pennsylvania scientist, who has been researching ways to use in vivo gene editing as a way to “knock in” healthy versions of a gene to treat rare liver diseases. The company, which will develop therapeutic candidates from Penn, has raised $50 million in Series […]

  • Neuroglee Raises $10M to Develop Virtual Neurology Clinics with Mayo Clinic, Others

    What You Should Know: – Neuroglee, a Boston, MA-based provider of personalized evidence-based digital therapeutics (DTx) and virtual care solutions, today announced it has raised $10M in Series A funding led by OpenSpace Ventures with participation by EDBI. – Neuroglee Therapeutics discovers, develops and commercializes personalized evidence-based digital therapeutics (DTx) and virtual care solutions to […]

  • Startup A-Alpha Bio sets out to solve a major protein problem facing big pharma

    A-Alpha Bio’s technology analyzes millions of protein-protein interactions simultaneously, a capability that speeds up drug discovery research. Biotech industry partners are already using the technology and now with $20 million in Series A funding, the startup plans to build machine-learning capabilities to crunch the data produced by all of those protein interactions.

  • Startup Modulus embraces AI to design better NK cell therapies for cancer

    Modulus Therapeutics recently emerged from stealth with technology from various disciplines and seed funding that the startup is using to develop better cell therapies. Natural killer cells directed against breast cancer is Modulus’s initial focus, but the startup says its approach can apply to multiple types of immune cells and multiple types of cancer.

  • Buoyed by Covid-19 tests, Cue files for IPO 

    The San Diego-based company began marketing its first product, a portable Covid-19 test, after receiving an emergency use authorization last year. Now, it’s filing the initial paperwork to go public as it scales up manufacturing. 

  • Blood disorder biotech Disc Medicine gets $90M to bring two drugs into Phase 2

    A Roche drug that failed as a treatment for neurological disorders is now the lead program for Disc Medicines. CEO John Quisel said Roche’s clinical data showed the small molecule’s promise addressing a rare blood disorder and now the biotech startup has $90 million to advance that drug and another one into Phase 2 testing.

  • Solv Raises $45M to Expand Same-Day Appts & Virtual Care Options Nationwide

    What You Should Know: – Solv (Solv Health),  a San Francisco, CA-based national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced it has raised $45M in Series C funding led by Acrew Capital and Corner Ventures. The Series C round also included participation from prior investors Greylock Partners and Benchmark […]

  • Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health

    What You Should Know: – Ellipsis Health, a San Francisco-based pioneer of the first voice vital sign to quantify and manage depression and anxiety at scale has raised $26M in Series A funding led by SJF Ventures with participation from several investors. The Series A investment round brings Ellipsis Health’s total funding to $31 million. […]

  • MedCity Pivot Podcast: Our reporters unplugged

    After more than a year’s worth of interviewing external experts, the Pivot podcast is turning its gaze inward to demystify — as much as possible — why we write the stories we write.

  • Accenture Names 8 Finalists for HealthTech Innovation Challenge

    What You Should Know: – Accenture announced eight finalists for its fifth annual Accenture HealthTech Innovation Challenge-North America, a competition that supports new and novel solutions from startups to improve the way people access, manage and finance healthcare in North America. – The finalists will participate in the final round and awards ceremony at a virtual […]

  • Fresenius Medical Invests Additional $25M in Biotech Platform Humacyte

    What You Should Know:  Fresenius Medical Care (FMC) today announced its plans to invest an additional $25 million in clinical-stage biotechnology platform company Humacyte following the extension of its collaboration in June. Fresenius Medical Care acquired a stake in Humacyte in 2018 for $150M as part of a strategic partnership. Following the merger of Humacyte with a special […]

  • Sanas’ Accent-Matching Solution for BPOs Launches with $6M

    What You Should Know: – Today Sanas.ai – which has been operating under stealth for a couple of years – is launching and announcing seed funding. Their AI platform for audio matches the accent of the person you’re speaking with to yours with no perceptible lag time. Top venture funds investing in the company’s $5.5 […]

  • How Pharma Startups Can Remain Competitive in Today’s Market

    Aaron Ferguson, COO and co-founder of Vytal Challenging the status quo is never easy. Neither is being the underdog. Startups face both of these challenges when trying to break into existing industries dominated by well-established players.  Differences in the size, speed, processes, and culture of a company make it challenging for all startups to compete, […]

  • A biotech startup’s hunt for elusive disease targets scores $60M for drug R&D

    Atavistik Bio is one of several companies discovering and developing drugs that work by allostery, binding to less obvious sites of a target protein. Acting CEO John Josey said the startup aims to stand apart with its focus on understanding metabolic interactions, a path less trodden by others in allosteric drug discovery.

  • Olive Launches In-House Venture Studio for Digital Health Startups

    Olive Launches In-House Venture Studio for Digital Health Startups What You Should Know:  – Olive, the $4B healthcare automation company, today announced Olive Ventures, a new in-house venture studio that works hand-in-hand with early-stage entrepreneurs to create digital health companies through Olive’s platform.  – Olive Ventures offers visionaries a secure, compliant tech environment (i.e. Olive’s […]

  • Antidote Health Raises $12M to Build First Virtual HMO in the U.S.

    What You Should Know: – AntidoteHealth, a New York City-based telehealth provider making quality healthcare accessible to all Americans, today announced it has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The seed round was led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors.  […]

  • Accenture Invests in Virtual Diagnostic Testing Platform ixlayer

    What You Should Know: – Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed. – Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, […]

  • K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy

    What You Should Know: – KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed. – Trusst has built a proprietary, simulated way […]