Startups

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 …

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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 …

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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, …

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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 …

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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 …

Flywheel Acquires Radiologics, Raises $22M for Biomedical Research Platform Read More »

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 …

Caresyntax Raises Additional $30M for Digital Surgery Platform Read More »

With $100M in new funding, Tia CEO says the ‘tide has turned’ for investing in women’s health

Tia, a concierge clinic combining primary care and OBGYN services, recently raised $100 million in funding. Amid a surge of financing into women’s health startups, CEO Carolyn Witte said investors’ perspectives are changing. 

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, …

Tia Raises $100M to Build Modern Medical Home for Women Read More »

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 …

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Startup testing video-based treatment for ‘lazy eye’ touts Phase 3 results

Luminopia, a startup with a digital therapeutic for amblyopia, or lazy eye, recently published the results of a phase 3 study showing its TV-based treatment can improve vision in kids’ non-dominant eye. Patients don a headset where images are altered to make them use both eyes. 

INVEST Digital Health Pitch Perfect preview: Tech to Improve Payer/Provider Operational Efficiency

Who made the finals for this INVEST Digital Health Pitch Perfect track? Read about these digital health companies and check out the virtual event from September 20-23. Register today!

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.

Startup Walking Fish nabs $50M to run with B cell therapies for cancer & more

Walking Fish Therapeutics is developing cell therapies from B cells, a type of immune cell that produces prodigious amounts of proteins. Cancer, autoimmune disease, and regenerative medicine are among the targets of the preclinical-stage biotech, which unveiled $50 million in funding.

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 …

Femtech Startup Babyscripts Secures $12M for Virtual Maternity Care Solution Read More »

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 …

Eleos Health Raises $6M to Expand VoiceAI-Powered Behavioral Health Read More »

DotCom Therapy snags $13M to expand pediatric teletherapy services

The company, which partners with health systems and schools to provide virtual therapy services for kids, will use the Series A funds to expand. The round was led by New Capital Partners, with participation from LRVHealth and OSF Ventures.

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 …

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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 …

Neuroglee Raises $10M to Develop Virtual Neurology Clinics with Mayo Clinic, Others Read More »

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.

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 …

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

Versanis Bio unveils $70M and a Novartis drug ready for Phase 2 test in obesity

Novartis was unsuccessful developing bimagrumab as a treatment for a rare muscle disorder, but additional tests showed encouraging results in fat reduction. Startup Versanis Bio licensed rights to the antibody and plans to use its Series A financing for clinical trials testing the drug in obese patients.

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. …

Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health Read More »

INVEST Digital Health Pitch Perfect Preview: Home Health

Read more to find out which finalists will present in the Home Health track of the startup pitch contest during the virtual conference, scheduled for September 20-23.

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 …

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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 …

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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 …

Sanas’ Accent-Matching Solution for BPOs Launches with $6M Read More »

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, …

How Pharma Startups Can Remain Competitive in Today’s Market Read More »

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 …

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Emulate CEO shares the organ-chip maker’s vision to understand and predict drug response

Each Organ-Chip is a transparent, flexible microenvironment that contains two parallel chambers that can be configured to grow human cells from an organ of interest, such as the liver, kidney proximal tubule, intestine, lung and brain

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.  …

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

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, …

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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 …

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AllStripes Secures $50M to Advance Global Rare Disease Research PlatforM

Nancy Yu, CEO and Co-founder, AllStripes – AllStripes, a San Francisco-based healthcare technology company dedicated to unlocking treatments for people affected by rare diseases, today announced it has raised $50 million in Series B funding led by Lux Capital, a current investor, joined by JAZZ Venture Partners, Spark Capital, Medidata Solutions, McKesson Ventures, and Maveron. The round also …

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Equum Medical Raises $20M to Expand Acute Care Telehealth Solutions

What You Should Know: – Equum Medical, a New York City-based provider of acute care telehealth and teleICU solutions, today announced that it raised $20 million in growth equity from Heritage Group. – Equum Medical brings together an experienced team of clinicians with advanced, data-driven change management methodologies to provide a variety of acute care …

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MindRhythm Raises $5M for Stroke Triage Medical Device in EMS Settings

What You Should Know: – MindRhythm, a medical technology company focused on preventing neurological injury in stroke, today announced it has raised $5 Million in an oversubscribed round of seed funding. Principal investors include Pierre and David Lamond; Corey Goodman, PhD, Managing Partner of venBio and Board Chairman for MindRhythm; DCVC; Aestus Capital; Perseverance Capital …

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UPMC Launches Drug Discovery Company Novasenta to Develop Targeted Immunotherapy Drugs for Cancer

Mani Mohindru, Ph.D.,Chief Executive Officer, Novasent What You Should Know: – UPMC today announced the launch of Novasenta, a drug discovery and development company seeking novel and effective treatments for cancer.  Co-founded in late 2018 by Robert Ferris, M.D., Ph.D., Dario Vignali, Ph.D., and Greg Delgoffe, Ph.D., all of the UPMC Hillman Cancer Center and Pitt, Novasenta …

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MiSalud Launches Digital Health and Wellness Platform for the Underserved US Hispanic Community

What You Should Know: – MiSalud Inc., a San Francisco-based digital health startup has raised $5M and is launching the beta version of their digital health and wellness platform led by Pivotal Ventures, a Melinda French Gates company, with Magnify Ventures. MiSalud, which means My Health in Spanish, aims to make healthcare more inclusive by …

MiSalud Launches Digital Health and Wellness Platform for the Underserved US Hispanic Community Read More »

bttn. Nabs $5M for E-commerce Platform for Medical Supply Procurement

What You Should Know: – bttn., a Seattle-based B2B E-commerce platform for medical supply procurement today announced it has  closed a $5M add-on to its seed round led by FUSE.  – bttn e-commerce platform address critical supply chain issues such price volatility and constrained access to medical supplies, while rapidly onboarding customers and expanding to all …

bttn. Nabs $5M for E-commerce Platform for Medical Supply Procurement Read More »

TRIPP Acquires PsyAssist to Support Patients with VR-Powered Psychedelic Therapy

TRIPP, the fastest-growing digital psychedelics platform today acquired PsyAssist to commercialize a first-of-its-kind offering that supports the psychological healing journey of patients in psychedelic-assisted therapies. Financial details of the acquisition were not disclosed. The acquisition will empower psychotherapists and patients to safely and effectively use TRIPP’s VR, AR, and mobile experiences for ketamine-assisted therapy, and clinical …

TRIPP Acquires PsyAssist to Support Patients with VR-Powered Psychedelic Therapy Read More »

5-Step Guide to Hiring AI Talent for Digital Health, Biotech & Life Sciences Companies

Michael Delisle, VP, Practice Leader for Digital Health at GattiHR Artificial Intelligence (AI) will disrupt healthcare’s destiny for good. Here are five steps digital health startups can take to find the premier talent to get the job done.  Not too long ago, AI was the topic of futuristic movies. What was once a fictional draw …

5-Step Guide to Hiring AI Talent for Digital Health, Biotech & Life Sciences Companies Read More »

Verily adds to its clinical trials toolbox with acquisition of startup SignalPath

Verily’s recent moves have signaled the company’s interest in supporting decentralized clinical trials and real-world studies. Now the life sciences subsidiary of Alphabet is bolstering its capabilities in this these areas with the acquisition of startup SignalPath.

ClosedLoop.ai Raises $34M to Expand Healthcare Data Science Platform

What You Should Know: – ClosedLoop.ai., an Austin, TX-based healthcare data science platform, today announced it has raised $34 million in Series B financing led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst. Notable angel investors Adam Boehler (former director of CMMI & CEO of Landmark Health) and Sam Palmisano …

ClosedLoop.ai Raises $34M to Expand Healthcare Data Science Platform Read More »

Ultrahuman Secures $17.5M for Fitness Wearable Glucose Tracker

What You Should Know: – Health tech startup Ultrahuman has raised $17.5 million in Series B funding as it sets out to re-invent fitness-tech via its glucose tracking wearable that helps people improve their diet and exercise. The series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by …

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Virtual Health Clinic for Women & Families Maven Reaches $1B Valuation

What You Should Know: – Maven, a New York City-based virtual health clinic for women and families announced it has raised $110M in Series D funding co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors Sequoia, Oak HC/FT, and Icon Ventures. Maven also welcomed Oprah Winfrey as an investor …

Virtual Health Clinic for Women & Families Maven Reaches $1B Valuation Read More »

Unite Us Acquires Health Analytics Platform Carrot Health

What You Should Know: – Unite Us, a New York City-based company connecting health and social care services, today announced the acquisition of Carrot Health, an action-oriented health analytics company focused on removing barriers to health and optimizing care. Financial details of the acquisition were not disclosed. – The combination of predictive analytics powerhouse Carrot Health and Unite Us’ end-to-end …

Unite Us Acquires Health Analytics Platform Carrot Health Read More »

INVEST Digital Health preview: The Next Phase of Digital Health Investment

INVEST Digital Health is set for September 20-23, and held in collaboration with Medical Alley. It brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups.

HiberCell’s Genuity buyout brings $100M, plus alliances with Ionis and AbbVie

Startup HiberCell has acquired Genuity Science, a marriage that brings together two companies that apply AI and machine learning to drug research. HiberCell says Genuity will help the company identify and validate new pathways in how cancer starts and progresses.

Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease

What You Should Know: – Today, Ultromics, an Oxford, England-based health-tech startup announced it has raised $33M in Series B funding led by Blue Ventures, the investing arm of Blue Cross Blue Shield, and also includes investment from Optum Ventures, GV, and Oxford Sciences. –  Born at the University of Oxford and built-in partnership with …

Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease Read More »

Leading hardtech innovation center mHUB opens MedTech accelerator for medical device startups [Sponsored]

The mHUB MedTech Accelerator is a six-month program, based in Chicago, run in partnership with Baxter and Edward-Elmhurst Health Venture Capital. The application deadline is Monday, August 23.

Elektra Health Raises $3.75M for Evidence-Based Menopause Care

What You Should Know: – Elektra Health, a new women’s health tech company on a mission to smash the menopause taboo, is announcing $3.75M in seed funding co-led by Alexis Ohanian’s Seven Seven Six and Flare Capital Partners, with participation from City Light Capital, January Ventures, Human Ventures, The Fund, Community Fund, and notable angels …

Elektra Health Raises $3.75M for Evidence-Based Menopause Care Read More »

After losing his sister to cancer, a former Apple exec wants to make it easier for patients to get their health records

Anil Sethi was the director of health records at Apple until his sister was diagnosed with metastatic breast cancer, and given weeks to live. After traveling with her to different doctors across the country, and helping carry her records, Sethi created his own company to pull together harder-to-find records, such as scans and pathology reports. 

Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform

What You Should Know: Cadence, a New York City-based health IT company empowering care outside the four walls of the hospital announced its official launch with $41 million in funding and a foundational partnership with national healthcare company, LifePoint Health. The funding was led by General Catalyst and Thrive Capital. – Cadence has built a …

Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform Read More »

Smile CDR Raises $20M to Expand FHIR-Driven Data Liberation Platform for Interoperability

What You Should Know: – Smile CDR Inc. (Smile CDR), a Toronto-based health data storage and integration company, announced it has raised $20 million in Series A funding led by 30 North Group, a Seattle-based family office, and UPMC Enterprises. – Founded in 2016, Smile CDR offers a suite of services that allow health systems, …

Smile CDR Raises $20M to Expand FHIR-Driven Data Liberation Platform for Interoperability Read More »

Insurers back kidney care startup Cricket in $83.5M round

Cigna Ventures and Blue Shield of California contributed to a funding round for Cricket Health, a startup that provides services to help patients identify chronic kidney disease and get support in treatment. The investment was led by Valtruis, a firm that invests in value-based care companies.

Cricket Health Secures $83.5M to Expand Value-Based Kidney Care Model to Health Plans

What You Should Know: – Cricket Health, a San Francisco, CA-based provider of value-based kidney care with a clinically-proven approach to managing chronic kidney disease (CKD) and end-stage kidney disease (ESKD), today announced it has raised $83.5 million in Series B funding round led by Valtruis with a strategic investment from Blue Shield of California. …

Cricket Health Secures $83.5M to Expand Value-Based Kidney Care Model to Health Plans Read More »

Vera Whole Health Lands $50M from JP Morgan’s Morgan Health

What You Should Know: – Today, Morgan Health, JPMorgan Chase’s business focused on improving employee healthcare, today announced a $50M investment in Vera Whole Health, a CD&R portfolio company that is leading the critical shift to value-based employer-provided healthcare across the United States. – Vera is the only care model with the capability to deliver …

Vera Whole Health Lands $50M from JP Morgan’s Morgan Health Read More »

Rad AI Startup Sirona Medical Emerges from Stealth with $22.5M, Partnerships

What You Should Know: – Sirona Medical, a San Francisco, CA-based company founded on a deep understanding of both the practice and business of radiology, today announced partnerships with radiology practices across the country to develop and bring to market its novel radiology operating system (RadOS). – Sirona’s collaboration with five leading national practices including …

Rad AI Startup Sirona Medical Emerges from Stealth with $22.5M, Partnerships Read More »

Cadence launches with $41M, strikes partnership with LifePoint Health

The company offers a remote patient monitoring platform that enables clinicians to not only monitor patients at home but also provide personalized feedback via texts and video visits. The platform will be deployed at LifePoint Health facilities and used to deliver remote care to more than 100,000 patients.

INVEST Digital Health preview: What’s the recipe for a successful social determinants program?

SDoH is just one of the topics at the MedCity INVEST Digital Health conference, a virtual event scheduled for September 20-23, in collaboration with Medical Alley.

Eli Lilly joins $30M Series A financing for startup bringing AI analysis to endoscopy

The artificial intelligence-based technology of Iterative Scopes brings computer vision analysis to endoscopic images. The startup’s technology was initially developed to assist gastroenterologists in finding pre-cancerous polyps but CEO and founder Jonathan Ng said it’s also finding additional use helping pharmaceutical companies identify patients for clinical trials.

Exo Raises $220M to Commercialize Handheld, Point-of-Care Ultrasound Device

What You Should Know: – Exo (pronounced “echo”), a pioneering health information and devices company, announced it has raised $220M in Series C investment round led by RA Capital Management and joined by BlackRock, Sands Capital, Avidity Partners and Pura Vida Investments. – The funding will fund the commercialization of its patented handheld medical device …

Exo Raises $220M to Commercialize Handheld, Point-of-Care Ultrasound Device Read More »

Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments

What You Should Know: – Nina Capital, a health tech venture capital (VC) firm, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE, with an investment goal of EUR 40 ($47.4M). – Nina Capital was founded in 2019 with its inaugural fund, Nina …

Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments Read More »

Ring Therapeutics rounds up $117M to find better viral vectors for gene therapy

The engineered viruses used to deliver gene therapies can spark complications and they can’t be re-dosed. Ring Therapeutics says viruses that evolved with humans can be better viral vectors and the startup has raised $117 million in new financing to continue its research.

SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform

What You Should Know: – SonderMind Inc., a Denver, CO-based provider in improving mental health clinical outcomes and making behavioral health more accessible to all Americans, today announced it has raised $150M in Series C financing co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart, and …

SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform Read More »

AI-driven Deep Genomics gets $180M to turn biology into informational medicines

Softbank led the Series C round of funding for Deep Genomics, a startup that applies its artificial intelligence technology to all aspects of discovering and developing new drugs. The Deep Genomics platform has yielded 10 programs; CEO Brendan Frey aims to advance four of them to the clinic in two years, all while tripling the …

AI-driven Deep Genomics gets $180M to turn biology into informational medicines Read More »

Happify rolls out digital therapeutic for anxiety, depression under temporary FDA guidance

Happify is making its app-based treatment available to patients thanks to a loosened FDA guidance last year that lets digital health companies targeting some behavioral health conditions release their product without clearance. The company is launching an investigational study to get data for a future FDA submission.

A founder built a platform after bringing together her daughter’s health records. Now, employers are offering it as a benefit.

B.Well Connected Health, a startup that brings together patients’ health records and helps them navigate their benefits, recently raised $32 million in funding. CEO Kristen Valdes started the company based on her own experience advocating for her daughter.

INVEST Precision Medicine winner spotlight: Nia Therapeutics

The FDA has yet to approve a therapy for memory loss. Nia Therapeutics is developing a medical device that stimulates the brain to bring it back to a “good memory state,” and it was judged the winner in the life sciences track of the INVEST Precision Medicine Pitch Perfect Competition.

How a benefits navigation startup for LGBTQ employees won over big companies

Included Health, a benefits navigation startup for LGBTQ+ employees, recently landed two big clients, Walmart and State Farm. CEO Colin Quinn explained the company’s journey so far and why more benefits leaders are paying attention to LGBTQ+ employees’ health needs. 

PAQ Therapeutics scores $30M to unleash “Pac Man” drugs on neuro disease

Startup PAQ Therapeutics is developing drugs work like Pac Man, gobbling up components of a cell associated with disease. The biotech has closed $30 million in financing to continue its research, with a neurodegenerative disorder as its lead disease target.

Carrot gets FDA nod for over-the-counter use of smoking cessation device

The digital health startup received FDA clearance for its carbon monoxide sensor to be used for smoking cessation without oversight from a healthcare provider.  The expanded indication came after Carrot submitted the results of a single-arm study claiming its device increased people’s motivation to quit smoking. 

Israeli Startup Aidoc Raises $65M for AI-Powered Medical Imaging Platform

What You Should Know: –  Aidoc, a Tel Aviv-based provider of artificial intelligence (AI) solutions for medical imaging, announced it has raised $65M in Series C funding led by General Catalyst, bringing its total funding to $140M. – This Series C round comes on the heels of a surge in demand for Aidoc’s AI-driven solutions, …

Israeli Startup Aidoc Raises $65M for AI-Powered Medical Imaging Platform Read More »

Johns Hopkins spinoff building risk prediction tools emerges with $15M

Bayesian Health, a startup created by a machine learning researcher at Johns Hopkins, is building models for sepsis detection, patient deterioration and bedsores. The company recently emerged from stealth mode with backing from Andreessen Horowitz. 

Biotech startup using AI to take guesswork out of cancer drug selection raises $70M

Xilis is developing technology that creates a living model of a patient’s tumor, then applies artificial intelligence to determine the best drug or drug combinations to treat the cancer. Clinical trials are planned to test this precision medicine approach and the biotech startup has raised $70 million to fund its research.

Eli Lilly’s $15M investment deepens link to startup developing new class of RNA meds

Two months after Eli Lilly began an alliance with MiNA Therapeutics, a startup developing a new type of RNA therapy, the pharmaceutical giant is making a $15 million equity investment in its partner. MiNA is developing a new class of medicines called small activating RNA therapies.

Cortica Raises $60M to Expand Comprehensive Autism Care Model Nationwide

What You Should Know: – Cortica, Inc. (“Cortica”), a San Diego, CA-based tech-enabled clinical services for autism and other neurodevelopmental conditions, announced it has raised $60 million in financing to further its mission to transform autism care. The funding was led by Longitude Capital with participation from new investors .406 Ventures and Adam Boehler, along …

Cortica Raises $60M to Expand Comprehensive Autism Care Model Nationwide Read More »

INVEST Precision Medicine Conference Video: Non Dilutive Funding for Life Science Startups

A panel discussion on non dilutive funding sources for biopharma and medtech startups from government research and industry grants to industry partnerships and venture debt.

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know: – Today, healthcare automation company Olive, today announced a $400M in funding round led by Vista Equity Partners with additional investment from the Base10 Partners Advancement Initiative. Olive, a provider of AI powered workforce purpose-built for healthcare, has now secured $832 million in financing since March 2020, and $902 million since …

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution Read More »

INVEST Precision Medicine Pitch Perfect Health IT and Life Science tracks (video)

Video from the Health IT and Life Science tracks of our Pitch Perfect contest at INVEST Precision Medicine is now available to view.  

Check out video highlights of INVEST Precision Medicine conference from pediatrics to funding trends

The INVEST Precision Medicine conference cast a spotlight on the role of children’s hospitals, biopharma companies, diagnostic companies and startups in biopharma innovation. The video recordings of the conference sessions are now available to view.

EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

What You Should Know: – EchoNous, a Redmond, WA-based portable AI-guided ultrasound tools and platform, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”). – The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor …

EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device Read More »

4G Clinical Secures $230M for Randomization and Trial Supply Management

What You Should Know: – 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company, today announced it has entered into an agreement to receive a growth equity investment of over $230MM from Goldman Sachs Asset Management (“Goldman Sachs”). – Founded in 2015, 4G Clinical’s Prancer RTSMⓇ enables life sciences companies to reach First …

4G Clinical Secures $230M for Randomization and Trial Supply Management Read More »

Former CMMI director’s new company will focus on value-based rural healthcare

Main Street Health, launched by former Center for Medicare & Medicaid Innovation Director Brad Smith, aims to provide value-based care solutions in rural America. The company’s first step will be to partner with primary care clinics, urgent care centers and independent pharmacies to implement a program that will coordinate care for seniors.

XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

What You Should Know: – XSOLIS, a healthcare technology firm focused on improving healthcare operations announced it has raised $75M in minority growth investment from Brighton Park Capital (“Brighton Park”), a research-driven investment firm. – XSOLIS is an artificial intelligence-based software platform that helps national health systems and payers streamline the utilization management process. – …

XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform Read More »

Hospital IQ Raises $25M to Scale Predictive Hospital Operations Platform

What You Should Know: – Hospital IQ, a provider of predictive hospital operations and communications software, secured $25 million in Series C funding led by Baxter Ventures, the venture investment arm of Baxter International Inc., and Health Velocity Capital, joining existing investors Pierpoint Capital and Allscripts. – Hospital IQ provides an operations management software platform that uses …

Hospital IQ Raises $25M to Scale Predictive Hospital Operations Platform Read More »

Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

What You Should Know:    – Former athenahealth founder and CEO Jonathan Bush, today announced the launch of Zus Health (“Zus” pronounced Zoos like the father of Athena) focused on creating the industry’s first shared development platform backed by a shared data record. – The company is launching with the close of $34M in Series …

Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform Read More »

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: – Brightline, a virtual pediatric behavioral health solution announces, today announced it has raised $72M in Series B funding led by GV (formerly Google Ventures), with participation from new investors Optum Ventures, 7wireVentures, and Gaingels, the leading venture investment syndicate in support of diversity and representing the LGBTQ community and allies. …

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally Read More »

Northpond, 5AM Ventures lead $45M funding for CAMP4’s trek to new RNA therapies

CAMP4 Therapeutics is developing a new kind of RNA therapy that treats disease by upregulating gene expression. The startup has raised $45 million as CEO Josh Mandel-Brehm steers toward clinical trials expected to begin next year in liver and brain diseases.

Could the answer to misaligned payer incentives be a futures market for health interventions?

Payer incentives are often not aligned with implementing interventions that will benefit patient health the most in the long term. Enter Nobil, which aims to create a healthcare futures market that invests in interventions with the greatest impact over time.

Sempre Health Secures $15M for Behavior-Based Healthcare Pricing Platform

What You Should Know: – Sempre Health, a behavior-based healthcare pricing platform to insurers to offer large prescription copay discounts to members for filling on time (to promote more medication adherence) today announced it has raised $15M in Series B funding led by Blue Venture Fund. Sempre has raised $26.5 million to date. – Sempre Health …

Sempre Health Secures $15M for Behavior-Based Healthcare Pricing Platform Read More »

Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform

What You Should Know: – Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors. – Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located …

Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform Read More »

INVEST Precision Medicine Day 3: A look at the state of precision medicine, non dilutive funding

On the final day of INVEST Precision Medicine, a panel with Caris Health, CVS Health, and Intermountain Healthcare will share assessments of precision medicine’s progress and the outlook for this sector. Also, a panel will highlight non dilutive funding opportunities for startups. Register now!

Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

What You Should Know: – Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M. – Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, …

Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers Read More »

Day 2 of INVEST Precision Medicine: Life science startup pitches, biopharma software R&D, and more

Register for INVEST Precision Medicine to check out the life science track of the Pitch Perfect startup contest and hear compelling panel discussions on software supporting biopharma R&D, and the supply chain challenges of scaling production and delivering personalized therapies.

Hawthorne Effect Secures $20M to Decentralize Clinical Trials

What You Should Know: – Hawthorne Effect, a San Francisco-based solution for decentralizing clinical trials, today announced it has raised $20M in Series A funding led by Northpond Ventures with participation from SignalFire and P5 Health Ventures. – Founded in 2015, Hawthrone Effect alleviates key issues related to patient recruitment and retention via its tech-driven …

Hawthorne Effect Secures $20M to Decentralize Clinical Trials Read More »

INVEST Precision Medicine conference kicks off today. Register now to be part of the conversation.

Register for the INVEST Precision Medicine conference, which kicks off today. Over the next three days industry experts will talk about precision medicine developments across pediatrics, bioinformatics, startups and more.

Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging

What You Should Know: – DUOS, a digital health company, came out of stealth today backed by $6M in combined seed funding from healthcare investor Redesign Health and consumer-focused Forerunner Ventures.   – DUOS provides a personal assistant for aging — a Duo — to help older adults stay healthy and age independently in their …

Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging Read More »

Versant Ventures unveils new startup that stabilizes proteins to treat disease

Stablix Therapeutics is developing technology that uses small molecules to stabilize a protein, keeping it from going to a cell’s built-in disposal system. The startup now has $63 million in funding to further invest in the technology and advance its first molecules toward the clinic.

Aunt Bertha Secures $27M to Expand Referral Platform for Social Services

What You Should Know: Today, Aunt Bertha, the nation’s leader in closed-loop social care networks and the company behind findhelp.org, announced it has raised an additional $27M in investment funding led by Warburg Pincus, had significant participation from existing investors including Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF). – The financing …

Aunt Bertha Secures $27M to Expand Referral Platform for Social Services Read More »

Thirty Madison Reaches $1B Valuation with $140M Series C Funding

What You Should Know: – Thirty Madison, the premier healthcare company for people with chronic conditions, today announced a $140 million Series C round led by new investor HealthQuest Capital. Mousse Partners and Bracket Capital also participated in the funding, along with existing investors Polaris Partners, Johnson & Johnson Innovation – JJDC, Inc., Northzone, Greycroft, and others. …

Thirty Madison Reaches $1B Valuation with $140M Series C Funding Read More »

Check out the life science startups taking part in the pitch contest at INVEST Precision Medicine

Register for INVEST Precision Medicine for free and check out the life science track of the startup pitch contest Pitch Perfect. The presenting companies focus on neurostimulation to treat memory loss, improving clinical outcomes for women’s health, wireless drug delivery, opioid risk prediction and more.

If Big Pharma is from Mars and digital health startups from Venus, PharmStars wants to play Cupid

Digital health startups and pharma industry players sometimes don’t speak the same language, and the culture gap has led to failures in the past. A new accelerator focused on helping digital health companies engage better with pharma hopes to flip the script.

After getting FDA clearance for video game therapeutic, Akili faces next level: insurance coverage

Akili Interactive, a digital health company that got FDA clearance last year for its video game as treatment for ADHD, recently brought in $160 million in funding. It plans to use the funds to ramp up coverage of its flagship treatment and to develop digital treatments for other cognitive conditions. 

Healthcare fintech M&A expected to boost patient experience, provider operations

M&A activity in the healthcare finance technology is heating up, evidenced by large transactions such as Cedar buying OODA Health and R1 RCM buying VisitPay. Experts agree that this activity won’t end anytime soon, and it will have a positive impact on providers and patients.

Register for INVEST Precision Medicine virtual conference June 9-11 where life science and health tech meet

The conference will include conversations with healthcare industry experts from The Steve & Cindy Rasmussen Institute for Genomic Medicine, Nationwide Children’s Hospital, Vineti, Ori Biotech, CVS Caremark, Caris Life Sciences, HHS, University City Science Center, and more.

Engine Biosciences revs up $43M for AI tech that yields targeted cancer therapies

Engine Biosciences closed a $43 million Series A financing that the startup will apply to its artificial intelligence-based technology for drug discovery. The company analyzes genetic interactions, “deciphering biology” to find new cancer drugs.

PE Firm Thoma Bravo Acquires Clinical Trial Financial Platform Greenphire – Health M&A

What You Should Know: – Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector announced that it has reached an agreement to acquire Greenphire, a financial lifecycle management software for clinical trials, from The Riverside Company. Financial details were not disclosed for the pending transaction. – The acquisition, which …

PE Firm Thoma Bravo Acquires Clinical Trial Financial Platform Greenphire – Health M&A Read More »

Noom Secures $540M to Expand Behavioral Change Platform for Healthier Habits

What You Should Know: – Noom, a New York City-based digital health platform focused on behavior change, today announced its $540 million Series F funding led by Silver Lake. The round also included participation from new investors Oak HC/FT, Temasek, and Novo Holdings and existing investors Sequoia Capital, RRE, and Samsung Ventures also participated. – …

Noom Secures $540M to Expand Behavioral Change Platform for Healthier Habits Read More »

Flume Health Raises $6M to Transform Third-Party Health Plan Administration

What You Should Know: – Flume Health, a New York City-based health plan administration platform for the modern fragmented healthcare today announced a $6M Seed II round, bringing its total amount raised to $10M. The Seed II round was led by new investor Crosslink Capital, with participation from new investors Route 66 Ventures and Convene CEO …

Flume Health Raises $6M to Transform Third-Party Health Plan Administration Read More »

Why DarioHealth plans to acquire a behavioral health company 

DarioHealth, a digital health company that started with diabetes care, struck a deal to acquire mental health startup WayForward for $25 million. Like competitors Livongo and Omada, which also added mental health solutions, DarioHealth said it would give people a much more seamless approach for addressing mental and physical health needs.

Digestive Health Market Map: Spectrum from Wellness to Chronic

Much like mental health, sexual health, and other conditions with social stigma, digestive health disorders cause many to suffer in silence.  Only recently has society embraced a more public discussion of digestive health, ranging from wellness and performance to clinical prevention and chronic care management. A confluence of social acceptance, innovation, and worsening public health …

Digestive Health Market Map: Spectrum from Wellness to Chronic Read More »

AcuityMD Nabs $7M for Targeting Platform for Medical Device Companies

What You Should Know: –  AcuityMD, a platform for commercializing and improving medical devices with data announced it has raised $7M in funding led by Benchmark with participation from Ajax Health. Eric Vishria, General Partner at Benchmark will also join AcuityMD’s board of directors. – Since launching commercially in 2020, AcuityMD has become a trusted …

AcuityMD Nabs $7M for Targeting Platform for Medical Device Companies Read More »

Bright Health follows rival Oscar Health down IPO path

Bright Health has filed preliminary paperwork for an IPO, joining its rivals in the insurance technology space in going public. Though there are few confirmed details at the moment, Bright Health is reportedly looking to raise $1 billion through the offering.

Wheel Secures $50M for White-Labeled Virtual Care Platform

Wheel is Powering the Virtual Care Industry from Wheel on Vimeo. What You Should Know: – Wheel, a Austin, TX-based virtual care company, today announced a $50M series B round led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan. The round brings its total funding to …

Wheel Secures $50M for White-Labeled Virtual Care Platform Read More »

Clover halves membership projections for direct contracting

When it planned to go public through a SPAC merger, insurance startup Clover Health told investors that it already had 200,000 direct contracting lives under contract for 2021. But in new guidance shared on Monday, the company now plans to end the year just 70,000 to 100,000 covered lives from direct contracting. 

Providers, payers & startups are all looking for key pieces to solve the maternal care puzzle

America’s abysmal record on maternal care outcomes and equity has spurred the rise of startups as well as innovative strategies from providers and payers, each trying to solve a piece of the larger problem. But these entities will also need the help of policymakers to truly improve care in this arena.

GoodRx leadership downplays Amazon Pharmacy worries despite lackluster stock price

In a month where GoodRx’s stock has been trading below IPO levels, the startup’s leadership says Amazon Pharmacy still isn’t a threat. Citing third-party data, the company said uptake of Amazon’s pharmacy services have been low, though the retailer still could pose a threat with its growing healthcare business.

Backed by $92M, startup Interline aims to shed new light on protein communities

Interline Therapeutics has technology that shows how proteins interact as communities, paving the way for the discovery of new drugs. CEO Zachary Sweeney, a Denali Therapeutics veteran, said the startup will use the $92 million in funding to advance programs in cancer and inflammatory diseases.

Digital health startups saw better-than-expected revenue during the pandemic

According to a survey conducted by Catalyst @ Health 2.0, a whopping 41% of digital health companies said their revenue was above expectations last year. Despite reporting longer sales cycles, most companies still were optimistic about their business prospects going into 2021. 

Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform

What You Should Know: – Jasper Health launched today as the first end-to-end care experience that navigates, connects, and provides actionable insights throughout the cancer journey for individuals with cancer, their caregivers, and providers. – Jasper combines an easy-to-navigate user interface with leading oncology support to help guide Jasper Members and caregivers through the myriad …

Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform Read More »

DrFirst Raises $50M in Follow-On Equity Investment, Totals $135M

What You Should Know: – DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today the closing of a $50 million equity investment from Sixth Street Growth, a leading global investment firm. Following Sixth Street’s previous $35 million investment and another $50 million from Goldman Sachs Growth, both in 2020, DrFirst’s investment …

DrFirst Raises $50M in Follow-On Equity Investment, Totals $135M Read More »

Perceptive Advisors closes $515M fund to fuel more early-stage biotech startups

Perceptive Advisors has $515 million for its second fund investing in biotech startups. Portfolio Manager Chris Garabedian says Perceptive Xontogeny Ventures Fund II is looking to make Series A investments in early-stage companies with assets that can show a path to clinical testing.

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

What You Should Know: – UltraSight, an Israeli based digital health company focused on transforming cardiac sonography through the power of machine learning, announced today that it has closed a $13 million Series B funding round. – Cardiac sonography is a skill that takes years to develop.  It requires daily practice to achieve a high …

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care Read More »

Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

– Memora Health, a San Francisco, CA-based virtual care delivery platform led by 24-year-old Manav Sevak announced a $10.5M round of funding led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman’s Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated. – Manav was inspired to start the …

Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz Read More »

J&J, Village Capital unveil 12 startups building culturally competent care in new accelerator

The companies are supporting 12 culturally competent healthcare startups in a new accelerator. Two of them will get up to $200,000 in grant funding. 

Florence Raises $80M to Expand Connectivity Platform for Clinical Trials

What You Should Know: – Florence, a site connectivity platform in clinical trials, today announced the close of a $80 million Series C funding round led by Insight Partners, a global venture capital and private equity firm focused on investing in ScaleUp software companies. Existing investors Fulcrum Equity Partners, Bee Partners, and Flashpoint also joined …

Florence Raises $80M to Expand Connectivity Platform for Clinical Trials Read More »

Andreessen Horowitz leads $100M Series A round in Dyno and its gene therapy tech

Dyno Therapeutics’ technology for designing viral vectors that deliver gene therapies has led to partnerships with Novartis, Sarepta Therapeutics, and Roche. With the Series A financing, the startup plans to expand its technology to address more tissue types, and potentially add more partners.

Care.coach takes aim at senior loneliness with round-the-clock virtual pets

Armed with a tablet and virtual pet companion, California-based startup care.coach is aiming to alleviate senior loneliness — an issue that has worsened amid the Covid-19 pandemic. The company, which won the health IT track of the Pitch Perfect contest at MedCity INVEST, aims to fulfill seniors’ medical and social needs through access to health …

Care.coach takes aim at senior loneliness with round-the-clock virtual pets Read More »

Vida Health Raises $110M to Expand Personalized Virtual Care Platform for Mental & Physical Health

What You Should Know:      – Vida Health, a personalized virtual care platform for physical and behavioral health, today announced it has raised $110M led by General Atlantic and global insurance giants Centene, and AXA Venture Partners. Returning investors include Ally Bridge Group, Yahoo founder Jerry Yang’s AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, and Workday Ventures. – …

Vida Health Raises $110M to Expand Personalized Virtual Care Platform for Mental & Physical Health Read More »

Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment

What You Should Know: – Groups Recover Together (Groups), a national leader in value-based care for opioid addiction treatment, today announced it has raised $60 million in Series C financing. Oak HC/FT led the round, joining existing investors Bessemer Venture Partners, Transformation Capital, RRE Ventures, Optum Ventures and Kaiser Permanente Ventures. – The latest financing …

Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment Read More »

Neuroelectrics gets $17M for new take on electrical therapy for epilepsy, depression

Neuroelectrics is planning a pivotal test of its wearable medical device, which delivers brain electrical stimulation to treat epilepsy. The startup’s Series A round of funding was led by Morningside Ventures.

Collective Health Raises $280M for Employer Health Benefits Platform

What You Should Know: – Collective Health, a San Francisco, CA-based provider of an employer-sponsored health insurance platform announced $280 million of funding in a Series F round led by Health Care Service Corporation (HCSC) along with existing investors DFJ Growth, Founders Fund, G Squared, Maverick Ventures, NEA, PFM Health Sciences, SoftBank Vision Fund 1, Sun …

Collective Health Raises $280M for Employer Health Benefits Platform Read More »

INVEST Pitch Perfect winner spotlight: Oshi builds digital approach for oft-overlooked GI conditions

As awareness grows around GI conditions, startup Oshi Health is building a platform to connect people to teams of clinicians and health coaches to better manage their symptoms. Judges picked the startup as the health services winner for MedCity INVEST’s Pitch Perfect contest. 

Bone Health Nabs $2.5M for Vibration Belt to Treat Osteopenia & Prevent Osteoporosis

What You Should Know: – Bone Health Technologies, a San Francisco-based provider of technologies for improving bone health, announces today the close of its $2.5 million funding round and the appointment of three board members: Karen Drexler, MBA, Nancy Lynch, MD, MBA and Sam Goldberger, MD, MBA.  – 1 in 2 women and 1 in …

Bone Health Nabs $2.5M for Vibration Belt to Treat Osteopenia & Prevent Osteoporosis Read More »

Votive Health Raises $2.5M to Facilitate Payer-Provider Integration through Value-Based Arrangements

What You Should Know: – Votive Health announced its formal launch following a $2.5 million financing led by Flare Capital Partners with Chrysalis Ventures and OCA Ventures as co-investors. – Votive Health is a technology enabled network manager delivering complex care at home for people facing serious illness.  It was founded by a team of …

Votive Health Raises $2.5M to Facilitate Payer-Provider Integration through Value-Based Arrangements Read More »

Gene therapy funding frenzy reaches Affinia as it reels in $110M in new capital

Affinia Therapeutics, which has technology that could deliver gene therapies to more tissue types in the body, raised the Series B financing as it looks ahead to clinical testing. The biotech is the latest company to close a substantial round of funding for gene therapy technology.

Capsida unveils $140M, AbbVie alliance & tech that takes gene therapy to the brain

Capsida Biotherapeutics’ technology can engineer viral vectors that deliver gene therapies to central nervous system cells. With that capability gave the startup was able to raise $50 million in Series A financing and a multi-drug research alliance AbbVie.