Investors

By Dave Muoio December 18, 2017
Milpitas, California-based diabetes management device maker Bigfoot Biomedical has raised $37 million in Series B funding in a round co-led by funds from Janus Henderson Investors and Quadrant Capital Advisors. Additional participants included Cormorant Asset Management, Senvest Capital Inc., Senvest Management LLC, Visionnaire Ventures, JDRF T1D Fund, and T1D Exchange. Bigfoot previously...
By Dave Muoio December 18, 2017
San Francisco-based Stitch Health announced the completion of a Series A funding round for its care coordination platform. The amount of the investment was undisclosed, but was led by Benchmark and its general partner Bill Gurley with participation from the Y Combinator. Stitch is another player looking to remove paper and pagers from the healthcare setting. According to the company, its cross-...
By Jonah Comstock December 15, 2017
Both the fourth quarter and the whole year started strong for digital health acquisitions but finished weak. The quarter started out with six acquisitions in October, but didn’t see another until December. The year saw 12 and 14 acquisitions each in the first two quarters, respectively, which dropped to nine in the third and nine more in the fourth. As is our tradition, we’ve rounded up the 44...
By Dave Muoio December 13, 2017
Oakland, California-based Elemeno Health, which makes a virtual coaching software for healthcare teams, announced that it has concluded a $1.3 million round of seed funding. The financing was led by Launchpad Digital Health, which hosts Elemeno in its San Francisco accelerator. Other participants included Silicon Valley-based tech accelerator Y Combinator, and regulatory tech venture investor...
By Dave Muoio December 13, 2017
Fort Washington, Pennsylvania-based ActiveProtective, which makes a wearable airbag deployment belt for seniors at risk of a fall, has received more than $4.7 million in Series A funding, the company confirmed after a MedCity News article spread the word this morning. The round was led by Generator Ventures, with additional participation from the company's prior investors. “ActiveProtective was...
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...