Investors

By Heather Mack January 18, 2017
Minnesota-based Pops! Diabetes Care, which is working on a digital device and diabetes management platform, has raised a little over $1.2 million to bring its product to market. MedCity News confirmed the funding with Pops! CEO and cofounder Lonny Stormo, who previously served in executive roles at Medtronic. Last year, the company raised $500,000 from Minneapolis accelerator TreeHouse Health....
By Heather Mack January 18, 2017
Digital behavioral health company SilverCloud, which makes an online platform of mental health and wellbeing programs for health systems and healthcare organizations, has raised $8.1 million in a round led by B Capital Group, the venture capital firm founded by Facebook co-founder Eduardo Saverin. ACT Ventures, Investec Ventures and AIB Seed Capital fund also contributed. The SilverCloud platform...
By Heather Mack January 17, 2017
Bangalore, India-based startup Practo, which offers an app and web-based platform for people to access healthcare information and locate doctors, has raised $55 million in Series D funding in a round led by returning investor Tencent. Thrive Capital, Ru-Net, RSI Fund, Sequoia, Matrix, Capital G, Altimeter Capital and Sofina also contributed. This brings Practo’s total funding to date at about $...
By Heather Mack January 16, 2017
Last year set some new records for healthcare IT funding, with VC investments reaching over $5 billion and mobile health funding hitting an all-time high, according to a new report from Mercom Capital Group. In their annual Healthcare IT/Digital Health Funding and M&A Report, the market intelligence firm tracked $5.1 billion in VC funding across 622 deals in 2016, compared with $4.6 billion...
By Jonah Comstock January 12, 2017
Clearwater Clinical, a mobile medical device company based in Ottawa, Ontario in Canada, has raised $6 million in new funding. Whitecap Venture Partners, a Toronto-based early stage venture capital fund, led the round, with additional contributions by BDC Capital Healthcare Venture Fund. This round brings the company's total funding to $9.5 million. Founded 2005, Clearwater Clinical provides...
By Heather Mack January 12, 2017
Israel-based DarioHealth, makers of a smartphone-connected glucometer, has raised $3 million as part of a definitive agreement for a total aggregate raise of $5.1 million.  Crowdfunding equity platform OurCrowd Qure led the investment round. The company, which has also done business as LabStyle, said it will use the funding to expand the company’s existing markets as well as move into new...
By Jonah Comstock January 11, 2017
Toolbox Genomics, a company that will soon begin to offer actionable health insights based on customers' sequenced genomes, has raised a small round of seed funding, the company told MobiHealthNews. The exact amount of the funding was not disclosed. The company's product will launch in mid-February for $49, CEO Didier Perez told MobiHealthNews. "Basically what we do is based on a user's own DNA...
By Heather Mack January 11, 2017
Cambridge, Massachusetts-based Clinical Research IO, which developed an electronic platform for researchers to quickly capture data during clinical trials, has raised $1.6 million in seed funding in a round led by NXT Ventures and Rally Ventures. Previously, the company raised $800,000, and the latest funding brings the company’s total to $2.4 million. The funding will be used to develop Clinical...
By Jonah Comstock January 10, 2017
Greenville, South Carolina-based Proactive MD, which offers onsite health management services to employers (including full direct primary care services) has acquired Charlotte, North Carolina-based Verimoov, an employee wellness and patient engagement company offering a mobile app to track employees' movement and activity. The terms of the acquisition were undisclosed. "It is our vision to...
By Heather Mack January 10, 2017
Bethesda, Maryland-based Aledade, which partners with primary care physicians to create tech-enabled accountable care organizations, has raised $20 million in a round led by Biomatics Capital, GV and Maryland Venture Fund. Existing investors Venrock and ARCH Venture Partners also contributed to the round. This brings the company’s total funding to $54.5 million. The funding, which was announced...