Investors

By Heather Mack April 27, 2017
San Mateo, California-based Evidation Health, which was launched last year by GE Ventures and Stanford Healthcare, has raised $10 million from Sanofi-Genzyme BioVentures. GE Ventures and B Capital were return investors, and both firms participated in the efficacy-focused company’s $3.4 million round in October 2016. The latest investment brings the company’s total funding to at least $31 million...
By Heather Mack April 26, 2017
While medical imaging technologies have gotten more sophisticated and commonplace over the years, the number of available radiologists or clinicians to read things like CT scans or MRIs haven’t increased accordingly. But tools that leverage machine learning have gotten smarter, and engineers believe they could play a vital role in alleviating the high demands on human medical image interpreters....
By Jonah Comstock April 26, 2017
RapidSOS, a 4-year-old startup with roots at Harvard and MIT, has raised $14 million to, at long last, bring 9-1-1 and other first responder networks into the smartphone age. The roster of backers for the round includes three former FCC Chairmen and the investment arms of Motorola and Triple A, in addition to a number of other investors. Highland Capital Partners led the round with participation...
By Jonah Comstock April 25, 2017
Remote clinical trial company Science 37 has raised $29 million in a round led by Glynn Capital Management with participation from Google's investment arm GV. One more new investor -- AmGen ventures -- contributed, as did existing investors Lux Capital, Redmile Group, dRx Capital, and Sanofi Ventures. It's a large round with impressive investors, but it is technically a down round from last fall'...
By Jonah Comstock April 25, 2017
UK-based health chatbot company babylon, which raised $25 million in early 2016, has raised an additional $60 million in funding. While the company didn't disclose the investors, TechCrunch and Financial Times report that the round included Sawiris, an Egyptian billionaire business family, NNS holdings, Vostok New Ventures, and existing backers Kinnevik. They also report that the company's total...
By Heather Mack April 25, 2017
Santa Cruz, California-based Two Pore Guys, which is developing a novel method of diagnostic testing via a device that digitally detects molecules, has raised $24.5 million in Series A funding in a round led by Khosla Ventures. Two Pore Guys (aka 2PG) will use the funding to scale up the manufacturing of their hand-held device, which works like a glucose monitor, albeit with disposable test...
By Jonah Comstock April 25, 2017
Cincinnati, Ohio-based clinical communications provider Doc Halo has raised $11 million in a series A round led by Bane Capital Ventures. Cincinnati-based Refinery Ventures also contributed to the round. Doc Halo has been operating for seven years in the clinical comms space, but this is its first outside funding round; cofounders Dr. Jose Barreau and Dr. Amit Gupta, both former practicing...
By Jonah Comstock April 24, 2017
Sansoro Health, a company that connects digital health technologies with electronic health records, has raised $5.2 million. Bain Capital Ventures led the round. Combined with last year's $1.2 million raise from Healthy Ventures and Treehouse Ventures, the company's total funding is now at $6.4 million. “Innovation in health care will drive improved patient outcomes at a lower cost, and...
By Jonah Comstock April 20, 2017
The first quarter of 2017 has been an impressive one for digital health funding. MobiHealthNews tracked a staggering 46 deals in January, February, and March, totaling $1.47 billion ($1.35 billion in equity and $12 million in debt). Even dropping the outlier that is Verily’s $800 million round, that still adds up to more than $600 million in investment, not to mention eight more funding rounds...
By Heather Mack April 20, 2017
San Francisco-based Solv Health, which is developing an app that allows people to find and book same-day doctor’s appointments at urgent care clinics, has raised $6.25 million in Series A funding. The investment round was led by Benchmark Capital with participation from Theresia Gouw of Aspect Ventures and Malay Gandhi of Ensemble Labs (Gandhi is also the former CEO of seed fund Rock Health)....