Investors

By Aditi Pai December 11, 2013
Video consultation app Doctor on Demand has launched and already raised a $3 million seed round from Venrock, Andreessen Horowitz, Google Ventures, Lerer Ventures, Shasta Ventures and Athena Health CEO Jonathan Bush. The app offers patients a portal from which to connect to physicians and is available on iOS and Android platforms. Each video call, which costs $40, can be paid for with a credit...
By Aditi Pai December 10, 2013
Healthcare photo sharing app Figure 1 raised $2 million in seed funding. The round was co-led by Version One Ventures and Rho Canada Ventures, a division of New York-based Rho Capital Partners and also included the Investment Accelerator Fund, Ryerson Futures, Accelerated Medical Ventures Founder Zen Chu, and Rypple Cofounder Daniel Debow. Figure 1 will use the money to improve their product and...
By Aditi Pai December 10, 2013
Digital health startups that are targeting the aging population, 50 and over, more than doubled their funding in the past three years, increasing their funding from $413 million in 2010 to $928 million in 2013, according to a report sponsored by AARP and StartUp Health. The partnership and report development is part of AARP's Innovation@50+ initiative, which aims to increase awareness that...
By Neil Versel December 10, 2013
WellnessFX, a supplier of blood management services for consumers and a Web portal for phlebotomy laboratories, has been acquired by Health Elements, which provides wellness services, including mobile apps and online coaching, for people looking to lose weight and fight chronic diseases, the companies said Monday. They did not disclose financial terms of the deal. The combined company will retain...
By Brian Dolan December 10, 2013
Citing his experience at AOL, Co-Founder Steve Case told attendees at the mHealth Summit this week that entrepreneurs in new markets typically will experience three phases as a newer field like digital health matures: hype, hope, and happiness. Hype, of course, is one of the first phases when most everyone is excited about the potential, but "revolutions happen in an evolutionary" way, Case said...
By Brian Dolan December 9, 2013
Qualcomm Life Fund's Jack Young More than $4 billion has been invested in digital health startups in the past three years, Qualcomm Life Fund's director Jack Young told attendees at HIMSS' Venture+ event at the mHealth Summit this week, and that means those investors are expecting a total return of about $15 billion in the next five to seven years. Young said the excitement in digital health...
By Brian Dolan December 9, 2013
San Francisco-based Practice Fusion, which offers providers free electronic medical records software and patient management tools, has added another $15 million to its coffers, bringing its latest round of funding up to $85 million. Qualcomm Life Fund led the round with participation from new backer Longitude Capital and returning Practice Fusion investors Artis Ventures, Industry Ventures and...
By Aditi Pai December 9, 2013
DreamIt Health's Elliot Menschik It's not uncommon for startups to fail, but DreamIt Health's Managing Director Elliot Menschik and Psilos Group cofounder Lisa Suennen have noticed that some failures are more common than others. Specifically, the two investors said a poorly set up team or a startup that isn't willing to change with technology leads to problems later on. While Menschik focuses...
By Jonah Comstock December 5, 2013
Respii, from QoL Devices A new tech accelerator, focused exclusively on wirelessly connected devices, announced its first class -- and three health-related companies are among the ranks. The RGA Accelerator, a collaboration of TechStars and digital consulting firm R/GA, launched in September with a special focus on "startups that are creating physical products and connected applications." The...
By Aditi Pai December 4, 2013
Misfit Wearables raised $15.2 million in a round led by Hong Kong-based Li Ka-shing's Horizons Ventures, according to TechCrunch. Former investors Founders Fund, Khosla Ventures, Norwest Venture Partners, O'Reilly AlphaTech Ventures, Paypal co-founder Max Levchin and incTANK also participated in the round. This brings Misfit's total funding to $23.8 million, including their Indiegogo campaign...