What You Should Know: – Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a… Read More »Cohere Health Raises $36M to Automate Prior Authorization Between Payers & Providers
Cellino Biotech CEO and Co-founder Dr. Nabiha Saklayen talked about the formation of the company and its goal to make stem cell therapies accessible for patients.
With two cancer programs already making progress, Repertoire Immune Medicines will use the Series B financing to expand its immune synapse research to autoimmune disorders and infectious disease. CEO John Cox said his startup’s approach could advance immune medicines beyond the scope of currently available… Read More »Biotech startup Repertoire adds $189M to expand array of immune medicines
Canvas Medical, a startup looking to build electronic medical records and ancillary tools for primary care systems, raised $17 million in funding.
Digital health startup Better Therapeutics plans to go public through a SPAC merger that would value it at $187 million. The company is currently running a pivotal study to see if its app-based program could be used as a treatment for type 2 diabetes.
Representatives from five health services startups will present their companies to three judges, followed by a Q&A. The judges for the health services track include: Cheryl Chang of BlueRun Ventures; Keith Figlioli of LRVHealth, and Steve Tolle of HLM Venture Partners.
Global investment firm KKR plans to acquire a majority stake in health software company Therapy Brands. PSG, a previous investor in the company, will remain a minority shareholder.
VillageMD, a primary care startup that has Walgreens as a big backer, is reportedly planning to go public. The company has plans to open hundreds of co-located primary care clinics at Walgreens pharmacies.
What You Should Know: – Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated… Read More »Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
The conference highlights the intersections of technology and life sciences through the prism of precision medicine. The topics at the conference span pediatric innovation in precision medicine, how tech companies are addressing clinical trial challenges, supply chain management, and more.
Akili Interactive received FDA clearance last year for its game-based digital therapeutic to be used as a treatment for ADHD. Now, the company is testing it to see if it could help people experiencing cognitive dysfunction after Covid-19.
Finalists for the diagnostics track at INVEST Pitch Perfect include tests for upper respiratory infections, breast cancer screening, in vitro cellular immunoassays, dysphagia diagnostics, and neuroscience.
Volastra Therapeutics is developing drugs for cancer metastasis, the cause of the vast majority of cancer deaths. The startup has $44 million in funding and an R&D partnership with Microsoft to develop new digital tools to detect and predict metastasis.
What You Should Know: – Today, Empathy, a digital companion app combining technology and human support to empower bereaved families, is coming out of stealth with $13M in seed funding, backed by major VC firms including General Catalyst and Aleph. – Empathy’s technology streamlines the bureaucracy… Read More »Digital Companion App Empathy Raises $13M to Help Families Deal with Death
Medical payments platform Inbox Health raised $15 million in series A funding. The company works with third-party billing companies to better communicate with patients and make bills clearer.
Digital health startups raised a record-breaking $6.7 billion in the first quarter of 2021. Large funding rounds propelled them past previous months.
Insurance startup Bright Health is reportedly planning to raise up to $1 billion in an IPO that will be launched in the second quarter of 2021. The company, which provides several insurance products as well as an IT platform, could be valued at more than… Read More »Report: Bright Health eyes $1B IPO
Companies focusing on cancer care, high-risk patients, patient safety, tele-dermatology, mental health and medical billing are among the six finalists.
The two companies plan to open a clinic in Phoenix this fall, and additional locations over the next five years. To start, Tia will offer virtual care services in Phoenix.
The startup, which provides primary care services to Medicaid patients, plans to use the funds to expand into new states and add maternity and pediatrics services lines. It also recently launched a vaccination site in conjunction with the New York Department of Health.
Austin-based software startup Docstation is working to make it easier for pharmacists to strike agreements with physicians that would allow them to provide more patient care. It recently raised $3.1 million in seed funding.
Omega Therapeutics has raised more than $210 million in the past eight months for R&D of medicines that regulate genes. The company’s lead therapeutic candidate addresses a validated but elusive cancer target.
Crossover Health, a startup offering primary care services for several big tech companies, including Amazon and LinkedIn, raised $168 million in funding.
Evidation, launched as a research app where people can opt into virtual clinical trials, plans to turn some of those insights into digital health programs. The company recently raised $153 million in new funding.
Earlier this year, AppliedVR shared results of a pivotal study that it plans to submit to the FDA. It received a breakthrough device designation last year to use its VR platform to treat fibromyalgia and lower back pain.
Read new developments on healthcare startups such as Seven Bridges, Scipher Medicine, Applied VR and more.
Founded by scientists behind the technology used in Johnson & Johnson’s Covid-19 vaccine, Leyden Laboratories is developing intranasal medicines intended to stop viruses before they infect the lungs. SARs-CoV-2 is one target, but the startup plans to address many respiratory pathogens.
After a busy year, at-home testing company Everlywell is growing through two acquisitions. It bought telehealth practice PWNHealth and another at-home lab testing company.
Ginger, a startup that connects users with mental health coaches and therapists, raised $100 million in funding. The company is shifting to a risk-based model as it expands.
What You Should Know: – AKASA (formerly known as Alpha Health), a South San Francisco, CA-based Unified Automation™ company for revenue cycle management in healthcare, announced it has raised $60 million in its series B round of funding. – Founded in 2018, AKASA uses the… Read More »AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems
What You Should Know: – AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ… Read More »AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
Ro, a direct-to-consumer health startup, recently raised a $500 million funding round. It plans to use the funds to expand into at-home diagnostics and care.
A new digital health company — spun out from Providence’s Digital Innovation Group — has raised $20 million in its first funding round. The company offers a platform that aims to help providers coordinate and manage digital care services.
Private equity firm Accelmed recently closed an oversubscribed, $400 million fund. The firm primarily invests in health-tech startups, such as its recent investment in medication adherence company MedMinder.
Alignment Healthcare, an insurtech startup, has launched its IPO and plans to price its individual shares between $17 and $19. The company offers Medicare Advantage plans and says it uses predictive analytics technology to pinpoint seniors’ care needs.
With the extension to its Series A financing, XyloCor plans a clinical trial testing its gene therapy as an adjunct to coronary artery bypass graft surgery. A study in refractory angina is already underway.
Komodo, a data analytics startup building out information on patient encounters and outcomes, raised $220 million in funding. It plans to use the funds to build out its platform and further integrate it in users’ workflows.
What You Should Know: – Ro, the healthcare technology company, today announced it has raised $500 million in Series D fundraising round led by existing investors General Catalyst, FirstMark Capital and TQ Ventures, with significant participation from existing investors SignalFire, Torch and BoxGroup as well… Read More »Ro Nabs $500M to Strengthen Vertically Integrated Primary Care Platform
What You Should Know: – Evidation Health announced it has raised $153 million in Series E funding co-led by OMERS Growth Equity and Kaiser Permanente Group Trust. Existing investors including McKesson Ventures and B Capital also joined. – Founded in 2012, Evidation measures health in… Read More »Evidation Health Nabs $153M to Expand Virtual Health Programs
What You Should Know: – Komodo Health announces $220M Series E investment to advance its enterprise healthcare and life sciences platform. At a $3.3 billion valuation, the investment underscores the company’s rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare… Read More »Komodo Health Secures $220M for Life Sciences Data Platform at $3.3B Valuation
Viz.AI, a San Francisco-based care coordination startup, raised $71 million in series C funding. The company plans to use the funds to build out its platform beyond coordinating care for stroke.
The agency charged the co-founders of the failed fecal microbiome startup with defrauding investors. The SEC is seeking a court order that would bar uBiome’s co-founders from serving as officers or directors, and require them to give up any ill-gotten gains.
Livongo Founder Glen Tullman is leading a new healthcare venture. Called Transcarent, the patient navigation platform strikes risk-sharing agreements with employers.
Aktis Oncology is developing cancer radiation treatments intended to more precise and potent compared to other radiotherapies. The startup is now out of stealth with $72 million in Series A financing.
The Series B round of funding for University of Oxford spinout Vaccitech includes the type of financial backers that could support an IPO. While Vaccitech might be best known for its association with AstraZeneca’s Covid-19 vaccine, the startup also has programs for other infectious diseases… Read More »Oxford vaccines spinout Vaccitech raises $168M, laying groundwork for an IPO
Happify Health, a startup building digital health tools, raised $73 million in funding. The company plans to use the funds to build out more specialized solutions for health plans and pharma companies.
In another big tie-up between a telehealth and digital health company, Grand Rounds and Doctor on Demand reached a merger agreement. Grand Rounds CEO Owen Tripp will serve as CEO of the combined business.
What You Should Know: – Strive Health, a Denver-based provider of value-based kidney care today announced $140 million in Series B funding with Alphabet’s independent growth fund, CapitalG, as the lead investor. Strive has more than doubled its presence in regional markets and grown its employee base by more than 600% in… Read More »Strive Health Raises $140M for Value-Based Kidney Care Platform
What You Should Know: – Glooko, a Palo Alto, CA-based provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, today announced that they have raised a $30 million Series D round of funding. The funding was led by Health Catalyst… Read More »Glooko Raises $30M to Expand Digital Diabetes Management Platform
What You Should Know: – Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion. – Unite Us is leading the care transformation movement towards whole-person health… Read More »Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health
Unite Us, a New York-based technology company that makes coordination of care software, passed a $1.6 billion valuation. It build networks with local providers and works to connect members with community resources.
Read new developments from Serimmune, Allelica, ForSight Robotics, Owlet Baby Care Inc., and Ascension Ventures.
Forward, a concierge primary care startup, raised $225 million in funding. The San Francisco-based company plans to use the funds to expand to additional markets.
Nick Desai, the co-founder and CEO of Heal, announced he would step down on Tuesday. Scott Vertrees, an advisor to the company, will become the company’s new CEO.
The digital physical therapy company acquired a startup making a small, adhesive device that use electrical pulses for pain treatment.
Insurance startup Alignment Healthcare filed preliminary paperwork with the Securities and Exchange Commission to go public. It’s another healthcare startup that is banking on the value of its technology in an IPO.
After Livongo sold to Teladoc last year, the company’s former president, Dr. Jennifer Schneider, is starting a new chapter on Cityblock’s board of directors. In an interview with MedCity News, she shared more about why she joined Cityblock and lessons learned during her time at… Read More »Top digital health exec’s advice to startups: Once you think you “know” you’ve lost the game
As the Biden Administration pushes to offer more over-the-counter Covid-19 tests, the Food and Drug Administration authorized the first molecular Covid-19 test for over-the counter use. The test was developed by San Diego-based startup Cue Health.
What You Should Know: – bene : studio, a San Francisco, CA-based global digital product consultancy, announced its non-equity, online HealthTech Product Accelerator, starting on April 1st. The accelerator will focus exclusively on the enhancement of the participating companies’ design and technology. – This accelerator… Read More »bene : studio Launches HealthTech Product Accelerator Starting April 1st
A group of healthcare stakeholders — Amazon Care, Intermountain Healthcare and Ascension, to name a few — has created an alliance to advocate for home-based care services through policy changes.
What You Should Know: – Portland, Oregon-based Reperio Health announced it has raised $6M in seed funding co-led by Caduceus Capital Partners in Nashville, Tenn., and Rogue Venture Partnersin Portland, Ore., with additional investment from Liquid 2 Ventures and G Ventures, both out of the… Read More »Reperio Health Raises $6M to Expand At-Home Wellness Kits to Employer Market
This week, read new developments at Carrum Health, Seven Bridges, CARISMA Therapeutics, and more.
A new startup has entered the highly competitive insurtech market — with $50 million in new funds. Circulo, co-founded by Olive CEO Sean Lane, is a Medicaid managed care company that plans to build a platform to improve care delivery and member experience.
While half of benefits executives said their mental health coverage was adequate, more than half of employees with a diagnosable condition didn’t receive mental health treatment in the last year, according to a recent survey conducted by mental health startup Lyra Health.
What You Should Know: – Exscientia, leading AI drug discovery company, today announced that it completed its $100 million Series C financing round, with a further $30 million investment from Blackrock. – This new capital, which will be used to support Exscientia’s platform development and… Read More »Exscientia Secures $100M To Expand AI Drug Discovery Platform
What You Should Know: – CorVista Health, a Toronto-based digital health company dedicated to improving cardiovascular disease diagnosis, announced it has closed a $65 million Series C financing, bringing the total funding to nearly $100 million. – This significant capital provides a runway for ongoing… Read More »CorVista Health Nabs $65M for Non-Invasive Cardiac Diagnostic Platform
DispatchHealth, a startup offering at-home care, raised $200 million in funding. The Denver-based company plans to use it to expand to additional states.
What You Should Know: – Denver-based data startup, Cipher Skin, today announced its $5 million Series A, led by the Boyett Group with participation from Draper Capital, Tribe Capital and TKC Capital to grow its product line and expand into new markets. – Founded in 2017,… Read More »Cipher Skin Lands $5M for Mesh Network of Sensors to Capture Movement
What You Should Know: – Health Gorilla raises $15M to scale its FHIR-based API solutions for digital health and expand into new markets. – Health Gorilla will introduce new APIs to enable consumer access to medical records, payer-to-payer data sharing, and data quality assessments. Health… Read More »Health Gorilla Nabs $15M to Expand FHIR-based APIs for Digital Health
What You Should Know: Life sciences investment firm OrbiMed announced $3.5 billion in commitments for its latest private investment funds, including $1.5 billion for OrbiMed Private Investments VIII, $800 million for OrbiMed Asia Partners IV, and $1.2 billion for OrbiMed Royalty & Credit Opportunities III.… Read More »Life Sciences Firm OrbiMed Raises $3.5B Across Private Investment Funds
Read about news from Seven Bridges, Outcomes4Me, Carrum Health and more.
More healthcare startups are choosing to go public through mergers with special-purpose acquisition companies— publicly-traded shell companies created with the purpose of taking a private company public. But as more SPACs search for targets, and company valuations grow, will the SPAC bubble burst?
What You Should Know: – Innovaccer closes Series D round of growth capital bringing Innovaccer at a total valuation of $1.3 billion. – In addition, the company has launched the Innovaccer Health Cloud, a platform as a service that combines the company’s Data Activation Platform… Read More »Innovaccer Reaches $1.3B Valuation, Launches Health Cloud Platform
The health technology company’s valuation skyrocketed to $1.3 billion following its latest funding round. It plans to use the new funds to launch Innovaccer Health Cloud, which will aggregate and normalize data from different systems and support the development of interoperable apps.
Digital health startup AppliedVR shared results from a pivotal study of its platform for lower back pain relief. The company plans to submit the results to the FDA in the next year.
Benchtop blood testing startup Truvian raised $105 million in series C funding, which it plans to use to pave the way to submit its device for FDA clearance.
How are health systems and payers addressing gaps in care for minorities? Learn how at MedCity INVEST
MedCity News has assembled compelling speakers to address the Covid-prompted rapid transformation of healthcare at this year’s virtual INVEST conference, April 19-23.
A randomized, controlled study published in JAMA Open found that patients who engaged in a virtual physical therapy program saw a greater reduction in knee pain than those who continued with their usual care plan at home. However, the study was not blinded, which could… Read More »Study finds promise in digital programs for treating knee pain
Insurance startup Oscar Health plans to price its IPO between $32 and $34 per share. The New York-based startup plans to trade on the New York Stock Exchange under the ticker “OSCR.”
Vivor CEO and Co-founder Ian Manners talks about the origins of the financial assistance startup and their mission to eliminate out-of-pocket costs as a barrier to care.
News from healthcare startups such as Carrum Health, Outcomes4Me, Equip, and more.
The MedCity INVEST conference, April 19-23, will include a new session called Ask the Investor. The goal is to provide a forum for healthcare startups to better understand investment strategies for different groups and to ask investors questions.
After Everlywell received an emergency use authorization last year from the FDA for its at-home collection kit, the agency gave Everlywell the green light to sell its test kits without requiring a prescription.
Primary care startup Eden Health, which contracts with employers and commercial real estate companies to offer a combination of virtual and in-person services, raised $60 million in funding. The company plans to use the funds to build out its platform and open brick-and-mortar clinics in… Read More »Eden Health raises $60M, plans to expand primary care model to more cities
Digital primary care startup 98point6 is adding digital mental health services to its app. The company added text-based visits with a therapist or behavioral health coach to its platform.
A physician started a business to eliminate long appointment wait times. But when the pandemic hit, she found a new use for it in helping keep patients out of busy waiting rooms.
What You Should Know: – MEDFAR Clinical Solutions, a Montreal-based Electronic Medical Record (EMR) provider in Canada, announced today a minority investment of nearly $25 million led by Walter Capital Partners. – MEDFAR’s cloud-based EMR solutions, MYLE and PLEXIA, are built with physicians in mind. MEDFAR R&D is… Read More »Canadian-Based EMR MEDFAR Raises $25M to Expand Into North America
Ozette applies artificial intelligence to immune monitoring to gain greater insight into a cancer patient’s immune system. Beyond informing treatment decisions, the technology can guide drug and diagnostic development.
Ensoma contends its technology avoids the complexities of other approaches to gene therapy, which could expand genomic medicine’s reach to more patients and more diseases. Takeda Pharmaceutical is collaborating with the startup on up to five gene therapies.
Dexcom launched its first venture fund. The company, which makes continuous glucose monitors, plans to invest in glucose sensing technologies and metabolic monitoring.
INVEST will address six broad themes through a mix of live and pre-recorded sessions: Public Health and Health Equity; Healthcare Delivery; Healthcare Investing & Financing; Empowering Patients; Behavioral Health; and Employer Health.
Read about news from healthcare startups Carrum Health, Turing, and new companies in the Illumina Accelerator program.
Founder and CEO Hedieh Safiyari talks about the Canadian healthcare startup on a mission to revolutionize the health and wellness experience.
Phase 2 testing of Cyteir’s lead cancer drug candidate later is slated to start later this year. The Series C round of funding includes crossover investors, whose involvement is a sign a biotech is preparing for an IPO.
In a wide-ranging interview, Maggie Huston, associate general counsel for precision medicine company Tempus, discusses how to balance innovation with safety as the FDA grapples with AI/ML and new, more complex technology, as well how her company quickly reacted to Covid-19.
Husband and wife entrepreneurs Gregory and Lauren Hanson talk about their healthcare startup and how they want to help connect companies in search of medical expertise with physicians to advise them.
The MedCity INVEST conference, April 19-23, will include a new session called Ask the Investor. The goal is to provide a forum for healthcare startups to better understand investment strategies for different groups and to ask investors questions.
What You Should Know: – Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. – The startup plans to use this round to scale its commercial operations and… Read More »Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform
Oscar Health filed preliminary paperwork for an IPO on Friday. The health insurance startup is betting that its technology can give it an edge as it fights for market share with bigger competitors.
Compute Health Acquisition Corp Chairman Omar Ishrak What You Should Know: – Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10. Compute Health Acquisition… Read More »SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman
What You Should Know: – UPMC spinout company Astrata launches a natural language processing (NLP) technology platform that allows health insurers to more efficiently analyze unstructured clinical data. UPMC Enterprises, the innovation and commercialization arm of UPMC has incubated and launched Astrata, a digital healthcare… Read More »UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care
Read about news from healthcare startups including Carrum Health, a surgery benefit business for self-insured employers, and more.
After a scathing report from short-seller Hindenburg claiming that Clover faced a False Claims Act investigation, the insurance startup’s stock plummeted. Clover went public last month after merging with a special-purpose acquisition company under billionaire investor Chamath Palihapitiya.
The upcoming MedCity INVEST conference will include a new session, Ask the Investor. The goal is to provide a forum for healthcare startups to better understand investment strategies for different groups and to ask investors questions.
What You Should Know: – Casana raises $14M in Series A funding to pursue FDA clearance for its an IoT heart health toilet seat that captures clinically relevant measurements, including heart rate, blood pressure, blood oxygenation, and cardiac output. Casana, previously known as Heart Health… Read More »Casana Raises $14M to Expand IoT Heart Health Toilet Seat
Carlyle Group, Brighton Park Capital Invest $200M in Indian Health Tech Provider Indegene to Fuel Global Expansion
What You Should Know: – The Carlyle Group and Brighton Park Capital invests $200M in Bangalore, India-based Indegene to accelerate company’s global expansion and consolidate its industry-leading position in healthtech solutions. – Founded in 1998 by five first-generation entrepreneurs, Indegene has emerged as the leading… Read More »Carlyle Group, Brighton Park Capital Invest $200M in Indian Health Tech Provider Indegene to Fuel Global Expansion
Folx, a direct-to-consumer health startup for LGBTQ patients, raised $25 million in funding. The company, which launched in December and currently operates in 11 states, plans to use the funds to further expand its footprint and expand into sexual health and family planning services.
What You Should Know: – Syapse raises 68M in equity investment led by Ally Bridge Group (ABG), with Northpond Ventures to expand delivery of real-world evidence through Syapse’s Learning Health Network. – The Syapse Learning Health Network is a global precision oncology data sharing network,… Read More »Syapse Lands $68M to Expand Global Precision Oncology Data Sharing Network
What You Should Know: – Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing. – Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform, Capital Rx will continue to… Read More »Capital Rx Secures $50 Million to Redefine Prescription Pricing
The startup pitch contest is part of our INVEST conference, April 19-23, which will be hosted online due to the Covid-19 public health crisis. It includes five tracks for startups: biopharma, medical devices, diagnostics, health IT and health services.
Direct-to-consumer health startup Ro is reportedly in talks go public through a merger with a blank-check company, according to a report by Reuters.
Researchers have known for decades that viruses can beat back cancer. But it’s been hard to design a virus that does the trick. A new wave of startups is optimistic they have found the keys.
What You Should Know: – SWORD Health raises $25 million in Series B to accelerate growth of its best-in-class virtual musculoskeletal care solution led by Todd Cozzens, Managing Partner at Transformation Capital and former healthcare investor at Sequoia Capital. Existing investors Khosla Ventures, Founders Fund,… Read More »SWORD Health Nabs $25M for Virtual Musculoskeletal Care Solution
What You Should Know: – Illumina and Sequoia Capital will collaborate to build an ecosystem for life science startup companies advancing breakthrough applications in genomics. – Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina will leverage the expertise of Illumina for Startups in… Read More »Illumina, Sequoia Capital China Launches Genomics Incubator in China
Check out news from healthcare startups including Carrum Health, Seven Bridges Genomics, Outcomes4Me and more.
What You Should Know: – Lyra Health just announced another massive funding round of $187M, bringing its total to approximately $462 million and the valuation to approximately $2.3 billion. – The company, which previously raised a series D round in August of $110M at a… Read More »Lyra Raises $187M at $2.3B Valuation for Digital Mental Health Platform
Digital health startup DarioHealth bought musculoskeletal startup Upright for $31 million. The company makes adhesive devices users can stick to their back to track their posture.
MedCity is launching a new Ask the Investor meeting at our annual INVEST Virtual conference that will feature a single investor who will present investment strategies and areas of interest. A maximum of 10 startups can attend. See which investors will present and register today.
Loki Therapeutics is advancing research that leverages the immune system’s ability to recall childhood vaccinations and direct it against cancer. The company’s lead therapy candidate could enter phase 1 clinical trials this year.
For digital health entrepreneurs to truly seize the moment, the focus has to be on developing an exceptional go-to-market engine, alongside those transformative products.
The INVEST Pitch Perfect contest is part of our INVEST conference April 19-23, which will be hosted online due to Covid-19, and includes five tracks for startups: biopharma, medical devices, diagnostics, health IT and health services. Read more on how to apply.
ChromaCode’s founders seek to break the paradigm of limited access to the most powerful diagnostic tools by deploying inexpensive reagent kits and software using traditional PCR detection systems so physicians can initiate testing using the most informative diagnostics without having to worry about access or… Read More »Founders of molecular diagnostics company ChromaCode share ambitions for their business
What You Should Know: – Washington, D.C.-based Hurdle raises $5M in seed funding to accelerate its digital mental health platform for people of color. – Hurdle aims to provide an innovative teletherapy solution for employers and insurers; aims to remove barriers to mental health care… Read More »Hurdle Secures $5M for Digital Mental Health Platform for People of Color
Despite lower sales, lack of profits and heavy R&D spending, biotech companies that went public between 1997 and 2016 reached similar market caps as non-biotech companies, according to an academic study.
The tilt was less pronounced in pharma and biotech, which attracted a record level of investment despite the Covid-19 pandemic according to a quarterly report on VC investment activity.
In addition to panel discussions, MedCity News is hosting intimate sessions that will allow startups to understand the investment strategies of leading healthcare investors and give them the opportunity to engage in a Q&A with them
What You Should Know: – Aledade raises $100 Million in Series D funding to help more primary care practices thrive in value-based care. – The new funding will power the growth of a nationwide network of more than one million patients by further expanding into… Read More »Aledade Secures $100M for Value-Based Primary Care, Reaching $2.1B Valuation
What You Should Know: – Conversa Health raises an additional $8M, expanding its Series B round to $20M for its automated virtual care platform, totaling $34M in funding to date. – The Series B round, first announced at $12 million in June, was co-led by… Read More »Conversa Health Expands Series B to $20M with Additional $8M in Funding
The digital therapy provider plans to go public through a blank-check acquisition by Hudson Executive Capital. The deal would value Talkspace at $1.4 billion and provide $250 million in capital.
Read about news from Turing, ChromaCode, NeuroFlow and more.
What You Should Know: – NeuroFlow raises $20M to expand its technology-enabled behavioral health integration platform, led by Magellan Health. – NeuroFlow’s suite of HIPAA-compliant, cloud-based tools simplify remote patient monitoring, enable risk stratification, and facilitate collaborative care. With NeuroFlow, health care organizations can finally… Read More »NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform
The latest funding brings total investment in the company to $750 million. The money has gone, in part, toward licensing of promising drug candidates in breast, lung and other cancers.
Jonathan Siddharth, co-founder and CEO of Turing, talks about how the company provides access to a global pool of 170,000 talented software engineers in more than 50 countries to support the healthcare industry and other sectors.
In an increasingly crowded landscape, digital health startups must figure out what sets them apart. Three startup leaders shared what differentiates their companies from the competition at this year’s J.P. Morgan Healthcare Conference.
Founded in 2020, Scorpion is agnostic about the potential therapies and targets it will explore with what it describes as its drug-hunting engine. But the company is hoping to unveil its first drug candidate this year.
What You Should Know: – Transformation Capital Partners, L.P. (“Transformation Capital”) announced the launches of it’s $500M growth equity fund, Transformation Capital Fund II, L.P. – The new fund will focus on investing between $10 to $30M in commercial-stage digital health companies and technology-enabled service… Read More »Transformation Capital Launches $500M Digital Health Fund
Read about news from healthcare startups including Carrum Health, Aspen RxHealth and more.
Healthcare technology companies raised a record of $15.3 billion in 2020, according to a report from Silicon Valley Bank. For the first time, digital health companies surpassed biopharma for the number of deals.
In an unusual move, the Food and Drug Administration issued an alert about false negatives in startup Curative’s Covid-19 test. The test was being used by the County of Los Angeles, as well as Congress.
The startup, which licensed three NASH candidates from Eli Lilly, raised $87 million from the drugmaker and Deerfield Management.
The company, which got started in genomic testing, has quickly expanded its services to include providing Covid-19 testing at businesses and universities. With the new funding, it plans to build infrastructure for more preventive health services.
Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the… Read More »2020’s Top 20 Digital Health M&A Deals Totaled $50B
The panel, What It Takes To Build A Successful, Regional BioInnovation Hub (sponsored by Independence Blue Cross) focuses on Philadelphia — one of many cities seeking to support the continued growth of cell and gene therapy and connected health industries.
DNA testing company 23andMe raised $82.5 million in funding, according to a recent filing. Earlier this year, decreased sales of tests kits led to cuts at the company and its competitors.
A video from the conference spotlights startup pitches and Q&A with judges in the Life Science track of the Pitch Perfect contest.
A video from the conference spotlights startup pitches with Q&A from judges in the Health IT track of the Pitch Perfect contest.
Oscar Raises $140M, Babylon Health, Modern Health, Diameter Health, Curai Health, Others Recent Digital Health Funding
Oscar Raises $140, Confidentiality Files for IPO Oscar, the first health insurance company built on a full stack technology platform raises $140M in funding led by Tiger Global Management, LLC, with participation from Dragoneer, Baillie Gifford, Coatue, Founders Fund, Khosla, Lakestar and Reinvent. On 12/21,… Read More »Oscar Raises $140M, Babylon Health, Modern Health, Diameter Health, Curai Health, Others Recent Digital Health Funding
Judges picked TrialSpark as the winner on the life sciences track of the pitch competition at MedCity’s virtual precision medicine conference. While the company is focused on improving clinical trials for others, it hopes eventually to bring drugs of its own to market.
Judges picked Amplified Sciences as the winner of the health IT track at MedCity INVEST Precision Medicine. The startup is working to combat adverse drug reactions by making pharmacogenomic testing easier to access and interpret.
On the heels of a $140 million funding round, insurance startup Oscar Health confidentially filed for an IPO.
Hurdle Health, a mental health startup that trains culturally competent therapists, has seen continued growth over the last year. Its founder and others are working to expand access to mental healthcare.
What You Should Know: – Verily, a subsidiary of Alphabet focused on life sciences and healthcare announced it has raised $700M from current investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. – The company plans to use the capital to support… Read More »Verily Nabs $700M to Expand Baseline, Verily Health Platforms
What You Should Know: – H1, the largest database of information on every doctor in the world raises $58M in Series B funding, just six months after raising its Series A round during the pandemic. – H1 is the largest database in the world connecting… Read More »H1 Secures $58M to Expand Global Healthcare Data Platform
Together, the two companies say can give drugmakers a better view at the cellular level of how a patient’s immune system is responding to a cerain therapy.
There judges selected two winners — one in the Health IT track, another in the Life Science track.
Multicare rolled out a hospital-at-home program with Denver-based startup Dispatch Health. The program will free up hospital beds and staff as Covid-19 cases surge across the U.S.
Read news from healthcare startups including Outcomes4Me, Emulate, and more.
The final day of the conference, Friday, December 11, includes a panel on precision medicine investment trends, a look at clinical trial design innovation and the life sciences track of our Pitch Perfect startup contest. Register now!
CityBlock Health, a startup focusing on providing care to Medicaid and dual-eligible patients, raised $160 million in funding. The Alphabet-spinout plans to use the funds to reach more patients and build out its digital care offerings.
What You Should Know: – Cityblock Health, a transformative, value-based healthcare provider focused on improving healthcare outcomes for marginalized communities, today announced a $160M Series C round, bringing its total raised to $300M. – Cityblock is a care delivery trailblazer working to right the injustices… Read More »Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity
What You Should Know: – Elation Health, which provides an easy-to-use and affordable clinical technology platform for more than 7 million independent primary care clinicians serving 14M+ patients – including an EHR raises $40M in Series C funding from Al Gore’s sustainable investment firm, Generation… Read More »Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care
What You Should Know: – LeanTaaS raises $130 million in Series D Funding to strengthen its machine learning platform to continue helping hospitals achieve operational excellence during a time where they are facing mounting financial pressures due to COVID-19. – LeanTaaS provides software solutions that… Read More »LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence
The second day of INVEST Precision Medicine includes presentations by healthcare companies in the Health IT track of the Pitch Perfect startup pitch contest, a panel discussion on interoperability and a panel discussion on building a bioinnovation hub. Register today!
What You Should Know: – Virtual maternity care platform Babyscripts announced a new round of investments from Banner Health, CU Healthcare Innovation Fund, The Froedtert & Medical College of Wisconsin Health Network, and WellSpan Health – Using internet-connected devices for remote monitoring, Babyscripts offers risk-specific… Read More »Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts
Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms
What You Should Know: – Lightspeed Venture Partners, the VC behind Nest and GrubHub, is leading a $10 million round for Freespira, an FDA-cleared digital therapeutic proven to significantly reduce or eliminate panic attacks and PTSD symptoms by training users to normalize respiratory irregularities. –… Read More »Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms
What You Should Know: – San Francisco-based digital health startup Pair Team emerges out of stealth with $2.7M in seed funding backed by Kleiner Perkins, Craft Ventures, & YC. – Pair Team provides both a remote team and AI that automates workflows, provides infrastructure &… Read More »Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations
What You Should Know: – Pear Therapeutics today announced that it has successfully closed an $80 million Series D financing led by SoftBank Vision Fund 2. – Pear is the leader in prescription digital therapeutics and the first company to receive FDA authorization for a… Read More »Pear Therapeutics Raises $80M to Advance Prescription Digital Therapeutics
What You Should Know: – Ro announced it has acquired Workpath, a technology platform that powers on-demand, in-home healthcare and diagnostics services nationwide. – Through this acquisition, Ro’s platform will now uniquely bring together a patient’s doctor, pharmacy, and diagnostics/lab–offering a personalized, end-to-end experience with… Read More »M&A: Ro Acquires On-Demand, In-Home Platform Workpath
Tom Stanis, Verily’s co-founder and former head of software, left the Alphabet subsidiary in February to found a new healthcare startup. Called Story Health, his new startup is focused on providing care in the gaps between specialty visits.
Among the areas of interest for companies presenting at Pitch Perfect at INVEST Precision Medicine are clinical stroke detection, making medical research more inclusive, using technology to accelerate the pace of clinical trials, developing more patient friendly drug delivery systems for reconstitutable drugs, and more.
Proscia and other digital-pathology firms promise to make pathologists more efficient as they analyze tissue. The need is driven by a steadily declining U.S. population of pathologists.
The Austin-based startup has distributed more than 500,000 Covid-19 test kits to date, and expects total sales to quadruple by the end of the year.
As part of our conferences and to augment panel discussions and presentations, we are launching MedCity News: Spotlight to use video to tell the story of important companies, executives and healthcare initiatives.
What You Should Know: – Segmed emerges out of stealth and has secured $2M in seed funding to empower medical AI efforts through easy access to high-quality, structured and anonymized training data sets. – The healthcare industry is amassing data at an unprecedented rate but… Read More »Medical AI Startup SegMed Nabs $2M to Aggregate Medical Data for Research
What You Should Know: – With $4.5 million in funding from Kleiner Perkins and Define Ventures, and backed by Redesign Health, MedArrive is poised to bridge the virtual care gap and make affordable at-home care the new norm. – Co-founded by the former head of… Read More »Backed by Redesign Health, MedArrive Launches with $4.5M in Funding for Care Management Platform
Read news from healthcare startups Outcomes4Me, Specifica, Segmed, and more.
What You Should Know: – OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm closes $170 million venture fund to support innovative digital health companies worldwide. – OTV also announced today a new China office and the appointment of Jose Antonio Urrutia Rivas… Read More »Israeli Digital Health VC Firm OTV Closes $170M Venture Fund
Founded in 2014, MaaT Pharma is pushing two therapies through clinical trials that are designed improve survival for patients with blood cancers and other diseases. Despite high-profile hiccups, the field of microbiome therapy remains attractive to investors.
What You Should Know: – Virta just closed a $65 Series D round, to scale its virtual clinic and approach to reversing chronic metabolic conditions (T2D, prediabetes, and obesity) to the masses. – The financing, led by Sequoia Capital Global Equities, also hurdles Virta well… Read More »Virta Health Reaches Unicorn Status After Raising $65M to Reverse Type 2 Diabetes
Olive AI, a startup automating routine administrative tasks for health systems, raised another $225 million in funding, bringing the total raised this year to $385 million.
All startups are invited to apply for our annual INVEST Pitch Perfect Contest that will take place virtually as part of our annual INVEST conference in April next year.
What You Should Know: – AI workforce management for healthcare provider Olive lands an additional $225.5M in funding, bringing the company’s valuation to $1.5B. – This latest funding round will enable Olive to accelerate product development, and the company plans to announce more capabilities in… Read More »Olive Hits $1.5B Valuation with Additional $225.5M Funding for AI-Powered Digital Employee Platform
What You Should Know: – Proscia secures $23M in Series B funding led by Scale Venture Partners for its AI-enabled digital pathology solutions. – Proscia will use the funding to expand its AI application portfolio, boost commercial expansion, and advance its regulatory strategy to secure… Read More »Proscia Secures $23M for AI-Enabled Digital Pathology Solutions
What You Should Know: – M12, Microsoft’s venture fund invests in Andor Health’s AI-driven virtual health platform. – The funds will be used for accelerating sales and marketing by expanding into new markets beyond the U.S. Additionally, the funds will be leveraged for investing in… Read More »Microsoft’s Venture Fund Invests in Andor Health’s Virtual Health Platform
The technology company is launching an alliance connecting the AI-driven medical imaging startups in its accelerator program to the GE Healthcare Edison Developer Program and Nuance AI Marketplace for diagnostic imaging.
The Covid-19 pandemic is altering behavior and fueling demand for remote technologies in clinical trials with Medable, a company in the clinical trial software space, looking to capitalize.
A discussion on the different models healthcare stakeholders are developing to cover the cost of costly therapies will be just one of the compelling conversations at the virtual conference from December 9-11. Register today!
The startup, which has developed a portable ECG device, received clearance for algorithms to detect more cardiac conditions, such as premature contractions.
What You Should Know: – Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports. – The company originally filed an IPO to raise $30 million by offering 5 million shares at a price range of… Read More »Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO
Investments are expected to decline at the end of 2020 after digital health saw record highs last quarter, according to early data from CBInsights.
What You Should Know: – WELL Health raises $45M in Series C funding to transform patient communication for healthcare providers, payers, and ACOs. – WELL Health enables conversations between patients and healthcare organizations through secure, multilingual messaging in the patient’s preferred communications channel: texting, email,… Read More »Well Health Nabs $45M to Expand Intelligent Communications Hub
The startup provides pharmacy delivery apps and services for health systems and telehealth companies, enabling prescriptions to be delivered to patients in two hours or less.
Here’s a preview of some of the panel discussions at INVEST Precision Medicine, including diagnostics, investment trends, and building a bioinnovation hub.
What You Should Know: Medable announced $91 million in new funding to accelerate the life sciences industry’s shift to digital and decentralized clinical trials, bringing Medable’s total capital raised to more than $136M. – Medable has played a pivotal role in enabling clinical trials during… Read More »Medable Raises $91M for Global Decentralized Clinical Trials Platform
What You Should Know: – Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India. – Selected startups into the program will benefit from focused healthcare industry teams, co-innovation and collaboration, and… Read More »Microsoft Launches Dedicated HealthTech Startup Program in India
The San Francisco-based company aims to complete at least one Phase III study by 2025, and it is weighing an IPO next year to fund more.
What You Should Know: – Today, K Health, the data-driven digital primary care system with 4 million users (+ Anthem partner), announced a first-of-its-kind collaboration with Mayo Clinic’s Clinic Data Analytics Platform. – In addition, K Health raised $42M Series D funding from investors like… Read More »K Health Collabs with Mayo Clinic, Raises $42M from JayZ + SpaceX/Tesla, Valor Equity Partners
What You Should Know: – Upfront Healthcare has raised $11.5 million in its Series B with new investor Baird Capital co-leading the round with existing investor LRVHealth (venture capital arm for 22 health systems, payers, and vendors). – Upfront’s Enterprise Care Traffic Control Platform is… Read More »Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform
What You Should Know: – COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care, has secured $34M in funding. – Access to over one million patient data records and additional funding support enhanced real-world data and analytics services… Read More »COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data
After receiving FDA clearance in March, Pear began marketing its prescription digital therapeutic for insomnia. It’s available by prescription only.
With so many new entrants hoping to cash in on the success of digital health, it is more important than ever to look for a venture capital firm that has the right relationships and expertise.
A recent report by Rock Health found that Black and female founders of digital health companies received less funding and were more likely to bootstrap their companies than other groups.
Check out news from startups such as NeuroFlow, Activ Surgical, ChromaCode, and more.
Talkspace, which lets users message a therapist, acquired relationship counseling app Lasting. It hinted at plans for additional acquisitions in the future.
The healthcare startups targeting chronic conditions and population health presenting at INVEST Pop Health November 16-18 span prescription drug delivery to addressing social isolation.
The Florida-based hospital plans to launch the fund next year, under the leadership of a newly named vice president of innovation. It will be used to support startups and invest directly in healthcare companies.
What You Should Know: – Buoy Health raises $37.5 million in Series C funding to expand it’s AI-powered healthcare navigation platform, bringing its total raised to date at $66.5M. – Buoy will use the proceeds to further build out its IP with respect to artificial… Read More »Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform
Carbon Health, which more than tripled its footprint in the last year, plans to further grow its network of primary care and urgent care clinics with $100 million in new funding.
What You Should Know: – Israeli-based Peregrine Ventures launches a new $300 million venture capital fund named Peregrine Growth to focus on late-stage life science companies. – Peregrine Growth will invest $20 to $30 million per funding round, with a strong emphasis on companies that… Read More »Peregrine Ventures Launches $300M VC Fund for Late-Stage Life Science Companies
What You Should Know: – Cardiopulmonary digital health company Eko raises $65M in Series C funding to close the gap between virtual and in-person heart and lung care. – The latest round of funding will enable Eko to expand in-clinic use of its platform of… Read More »Eko Lands $65M to Expand AI-Powered Telehealth Platform for Virtual Pulmonary and Cardiac Exam
Check out news from healthcare startups including Truvian Sciences and Seven Bridges Genomics.
What You Should Know: – Tampa General Hospital announces its plan to launch a new healthcare innovation venture fund to improve the quality and access to care across the Tampa/St. Pete metro area in Q1 2021. – Through TGH InnoVentures, Tampa General will partner with… Read More »Tampa General to Launch Healthcare Innovation Venture Fund in Q1 2021
Startups are turning to voice data as they try to develop tools to detect a wide range of diseases. One startup, Vocalis Health, is working with Mayo Clinic to identify voice-based biomarkers for pulmonary hypertension.
The deal will broaden Merck’s oncology portfolio as it picks up an antibody-drug conjugate, a class of biological drugs that target tumor cells even as the pharma giant jettisons other parts of its business
Most of the digital health experts we spoke to for this issue of Deep Dive made one thing clear – no one can really say what the future holds for digital tech in the pharma and healthcare industries. But this isn’t necessarily a bad thing… Read More »Deep Dive: Digital Health Innovation 2020
Activ Surgical is building hardware-agnostic surgical software that allows surgical systems to collaborate with surgeons. Founder and Chief Science and Medical Officer Dr. Peter Kim and CEO Todd Usen discussed the company’s goals in an emailed response to questions.
What You Should Know: – KēlaHealth announced their Series A round (combined seed and Series A) of $12.9M led by Sante Ventures and new innovation VC, Intuitive Ventures. – KēlaHealth, is a surgical intelligence engine that applies a dynamic cycle of patient-specific predictions, stratified interventions,… Read More »KēlaHealth Lands $12.9M to Expand AI-Powered Surgical Intelligence Platform
What You Should Know: – Nice Healthcare raises $5M in seed funding to power the next phase of growth of its in-home and virtual primary care services. – Nice contracts directly with employers to provide unlimited access to its service under a transparent and capitated… Read More »Nice Healthcare Nabs $5M to Power ‘Frictionless’ Virtual Primary Care
Instead of suggesting a diagnosis for moles and skin lesions, digital health startup Miiskin is leaving that up to dermatologists. The company is rolling out a version of its tool for clinicians to make it easier for their patients to track moles and other spots… Read More »Skin-checking app sees future in clinicians, not automation
Honor, a San Francisco-based startup that strikes partnerships with home care companies, raised $140 million in a series D round. The company helps manage back-office functions in exchange for a portion of their revenue.
What You Should Know: – Human API, the consumer-controlled health data platform announced it has closed a Series C round of $20M+ this week. – Human API’s consumer-controlled platform gives users a streamlined means of accessing and sharing their personal health records with physicians, trusted… Read More »Human API Raises $20M+ to Scale User-Controlled Health Data Ecosystem
EVisit, an Arizona startup that is building an end-to-end telehealth platform for health systems and physician practices, raised $14 million.
The deal, offering $2 billion up front and $2 billion in future milestone payments, includes a gene therapy manufacturing facility and a pipeline that includes treatments for Parkinson’s and congestive heart failure.
Check out new developments from healthcare startups including Bind, ChromaCode and more.
Massachusetts-based Be Biopharma will use the proceeds to build a team as it seeks to develop B-cell therapies for a variety of diseases.
Insurance startup Bind Benefits just raised $105 million in a Series B funding round to further expand into the fully insured market. CEO Tony Miller sees the company’s health plan product as a way for employers to stay agile while offering insurance in a rapidly… Read More »How Bind Benefits’ CEO will use $105M to upend the health insurance market
The company, which offers a remote scribe services, secured $25 million in private placement financing and began trading publicly on the OTC markets after a reverse merger with Malo Holdings.
The disruption to biopharma and medtech businesses caused by Covid-19, such as product launch and clinical trial delays, has underscored the need for a more digital focused strategy.
For the second year, MedCity News is partnering with the New Orleans Business Alliance to host an executive summit that focuses on population health and highlights where innovation and investment are occurring in the field.
The Bay Area hearing device-maker planned to raise $141.3 million in an upsized IPO. Its stock started trading on Nasdaq under the ticker “EAR.”
98point6 App What You Should Know: – On-demand text-based primary care platform 98point6 raises $118M in Series E funding to further invest in research and development and expand its robust medical practice. – 98point6 offers patients easy access to primary care in the same way… Read More »98point6 Lands $118M to Expand Text-Based Primary Care Platform
What You Should Know: – Biotech startup Ori Biotech raises $30M in Series A funding to scale its cell and gene therapy (CGT) manufacturing platform. – Ori Biotech helps pharmaceutical and biotech companies develop and manufacture cell and gene therapies. Its patented technology aims to… Read More »Ori Biotech Lands $30M for Cell and Gene Therapy Manufacturing Platform
Among the areas of interest for employee benefits startups that presented in our Pitch Perfect contest are: electronic patient care records, behavioral health, caregiver support and substance abuse treatment.
This Pitch Perfect contest track includes home health startups with technologies spanning respiratory care, virtual nursing, and more.
The Palo Alto-based startup provides tools to support family caregivers, and uses predictive analytics to help them develop personalized action plans.
When it announced plans to go public through a blank-check company, Clover Health shared ambitious projections for its future membership. Much of that growth is pinned on plans to launch a direct contracting business.
Check out news from ChromaCode, Current Health, Datavant, and more.
Startups with tech to improve payer and provider efficiency: Video from MedCity INVEST Digital Health
This Pitch Perfect contest track reflected technology to remove financial barriers for their patients, automating workflows, reducing inefficiency and waste associated with the Prior Authorization process, and more.
Starship, a startup making Health Savings Accounts easier to use, has seen an influx of users since the start of the pandemic. In the first six months of 2020, the company saw 500% growth in active accounts and plans to double its membership again by… Read More »Starship brings gig economy focus to health savings accounts
Cancer Insights co-founders, President and CEO Tarun Kumar and CIO Dr. Sharon Hensley Alford, discuss their company’s goals to transform the oncology care continuum.
Startups focused on chronic conditions and value-based care: Video from MedCity INVEST Digital Health
Finalists in the Pitch Perfect contest track, chronic disease management and value-based care, span virtual care for patients with neurological disorders and family caregivers, digital therapeutics for adolescent mental health, and personalized nutrition coaching to address chronic disease risk.
Medicare Advantage startup Clover Health will go public in a blank-check acquisition led by billionaire Chamath Palihapitiya. The deal will value Clover at $3.7 billion.
AireHealth, which makes portable nebulizers for patients with respiratory conditions, plans to launch its first connected product next year.
What You Should Know: – Curation Health raises an undisclosed Series A round of funding to accelerate the adoption of its advanced clinical decision support platform. – Curation Health provides an advanced clinical decision support platform for providers and health plans that aids in managing… Read More »Curation Health Raises Series A Funding for Clinical Decision Support Platform
What You Should Know: – Augmedix closes $25 million in private placement funding and completion of a reverse merger transaction with Malo Holdings Corp. – Following the transaction, the merged entity will be named “Augmedix, Inc.”, and will continue the historic and innovative business of… Read More »Remote Medical Documentation Startup Augmedix Closes $25M, Reverse Merger with Malo Holding
Read about new developments from healthcare startups such as Carrum Health, Siren, NeuroFlow, and more.
The direct-to-consumer telehealth startup will go public through a merger with special purpose acquisition company Oaktree Acquisition Corp. The combined entity is expected to be valued at $1.6 billion.
Plume provides access to telehealth consultations for patients seeking gender-affirming hormone therapy. Recently, the startup began partnering with employers to offer its services as a benefit.
The INVEST Digital Health Virtual conference Pitch Perfect competition, from September 21-25, had some intense competition between the healthcare startup participants. Thanks to all the entrepreneurs, judges and sponsors who took part.
The company hopes to use the money to bring its T-cell antigen coupler cell therapy technology – currently in preclinical development – into human clinical trials. German drugmaker Bayer’s venture capital arm led the round.