Investors

By Laura Lovett December 11, 2017
Saudi Arabia-based internet health application technology company Sihatech just announced that it has landed $1.33 million (5 million Saudi Arabia Riyals) in its latest funding round. The funding was led by Saudi Aramco Entrepreneurship Ventures, with Waseel Application Service Provider also participating.  “It is one of the first portals in the region that markets the full patient journey from...
By Dave Muoio December 11, 2017
Increasing adoption of technology, the rise of remote care, and a growing number of smart living services available to the mass market are among the several ongoing trends transforming aging care, according to a newly released report from HealthXL and AARP. These developments and others provide players inside and out of healthcare a clear opportunity to improve the convenience and clinical...
By Dave Muoio December 7, 2017
New York City-based Cedar, a startup offering patient-personalized medical billing, has raised $13 million in Series A funding. Participants in the round include Founders Fund, Thrive Captial, Martin Ventures and SV Angel. Cedar promises a smart billing system that incorporates data points collected across the overall patient payment process. Its platform uses these to inform the method of...
By Dave Muoio December 7, 2017
Durham, North Carolina-based PatientPay announced today that it has received $6 million to expand its specialty care-focused patient billing platform. Teaghlach Family Office was the primary investor, with additional funds coming from Esping Family Office, Mosaik Partners, and other prior investors. “The most effective patient collections are those that offer flexibility, accuracy and...
By Dave Muoio December 6, 2017
China-based Medlinker, a social networking platform for doctors, has raised approximately $60 million (400 million yuan) in Series C funding, Chinese investment publications report. The round was led by China Electronics Corporation Data (CEC Data), part of a state-owned conglomerate, with additional participation from China Renaissance, Sequoia Capital China, and Tencent Holdings. According to...
By Laura Lovett December 1, 2017
Health engagement company, Revel, just landed $17 million in funding led by TT Capital.  The Minneapolis-based company caters primarily to payers, including large enterprises. It also sells its product to risk-based providers.  “We are a software service company and we have a platform that manages campaigns for engaging people to make better decisions for [their] health,” Jeff Fritz, president...
By Susan Morse November 29, 2017
Optum on Tuesday launched the venture fund Optum Ventures, which has $250 million to invest in digital health startup companies. The venture fund will invest in companies that use data and insights to help improve consumers’ access to healthcare services and how care is delivered and paid for, according to a statement from UnitedHealth Group, Optum’s parent company. Optum CEO Larry Renfro is...
By Jonah Comstock November 29, 2017
Prognos, the healthcare AI company that was known as Medivo until a major pivot in January, has raised $20.5 million in new funding according to a report in the Wall Street Journal. Cigna, Guardian Life Insurance, Hermed, Hikma Pharmaceuticals, Maywic, Merck Global Health Innovation Fund, and Safeguard Scientifics all contributed to the round, which brings the company's total funding to $42...
By Dave Muoio November 28, 2017
Paris, France-based Doctolib, an online medical appointment booking app and management software company, announced that it has raised approximately $41.6 million (35 million euros) in additional funding from BPI France and Eurazeo. This round comes shortly after the startup raised roughly $28 million (26 million euros) in January from BPI France and others. Prior to this year’s funding — which...
By Dave Muoio November 27, 2017
International accelerator program Startupbootcamp has announced 13 companies that will comprise the 2018 class of its sole US-based program, Digital Health Miami. The cohort includes patient management platforms, cognitive function monitors, and adherence improvement offerings, among others. The accelerator participants were selected from a pool of 300 applicants, with the final selection made...