Investors

By Brian Dolan November 14, 2013
A billion dollar sports brand just stepped up its digital health game in a big way. Baltimore, Maryland-based athletics apparel company Under Armour is acquiring Austin, Texas-based MapMyFitness for a reported $150 million. MapMyFitness, which has about 20 million registered users now -- up from 13 million in January -- offers running, biking, and walking apps and social networks that integrate...
By Jonah Comstock November 12, 2013
Scanadu, the Moffet's Field, California-based personal health scanner company, has raised $10.5 million and announced its participation in the Scripps Wired for Health trial. The round was led by Relay Ventures, with additional support from VegasTechFund, Ame Cloud Ventures, the Broe Group, Mindful Investors, and RedMile Group. VegasTechFund is led by Zappos alum Tony Hsie and Ame Cloud Ventures...
By Aditi Pai November 11, 2013
Providence, Rhode Island-based ShapeUp raised $7.5 million from venture capital firms Cue Ball Capital and Excel Venture Management. The company will use the money to further develop and launch its mobile capabilities. The company offers a social wellness program for companies and engages employees through team workout challenges that are six or eight weeks long, tracks team progress to encourage...
By Jonah Comstock November 8, 2013
Mark Cuban, billionaire entrepreneur and owner of Landmark Theaters, Magnolia Pictures, and the Dallas Mavericks, has now dipped his toe into mobile health investing. After making a $500,000 investment in smartphone-connected breathalyzer Breathometer on ABC's Shark Tank, Cuban has now participated in Validic's $760,000 seed round. "Personalized health is the future of healthcare," Cuban said in...
By Aditi Pai November 5, 2013
Fitness coaching program Sessions has launched and raised under $1 million from SV Angel, Collaborative Fund, Blackbird and Joshua Kushner. The company, a Rock Health alum, pairs users with coaches to improve fitness. First, users complete a diagnostic test and then after the coach is chosen, the user and coach meet to discuss a fitness plan. From there, the coach will monitor the user using...
By Jonah Comstock November 1, 2013
Clinical Ink, a pharma-focused mobile clinical trial data collection company, has raised $4.3 million. FCA Venture partners led the round, with additional funding from 10 undisclosed angel investors. Clinical Ink makes SureSource, a windows-based tablet software for healthcare providers to collect clinical trial data electronically at the point of care. They use Windows tablets because stylus...
By Neil Versel October 31, 2013
Welltok's Cafewell platform. Welltok, creator of an online and mobile "social health management" platform, has acquired healthcare incentive design and management firm IncentOne. Denver-based Welltok plans on integrating IncentOne technology into its CafeWell platform, giving population health managers a more convenient way to offer consumers personalized rewards for healthy behaviors. "It...
By Aditi Pai October 30, 2013
New York-based mobile care coordination offering Cureatr raised $5.7 million to help the company grow and drive adoption of its communication and workflow navigation platform. Cardinal Partners and Milestone Venture Partners led the round with participation from JMI Services and the Partnership Fund for New York City. On top of the funding, Cureatr is adding Cardinal Partner Managing Partner...
By Jonah Comstock October 30, 2013
WebMD has acquired EHR-neutral patient portal Avado for an undisclosed amount, a purchase which will accelerate the company's plans to enhance the connectivity between its recently relaunched WebMD patient app and its physician-facing MedScape app. UPDATE: TechCrunch is reporting a $20 to $30 million price range for the acquisition, citing sources close to the deal. "Avado has developed a cloud-...
By Jonah Comstock October 24, 2013
Rise Health, whose Ascend technology is pictured, is an investment of Lee Wrubel. At the Partners Healthcare Connected Health Symposium in Boston, Massachusetts, four major investors in digital health talked about the state of the health investment landscape. In a panel moderated by Bill Geary of Northbridge Venture Partners, Andrew Firlik and Lee Wrubel from Foundation Medical Partners and...