Investors

By Jonah Comstock August 2, 2017
Fruit Street Health, a digital health and telemedicine company currently focused on delivering a digital diabetes prevention program, has raised $3 million in new funding from physician investors. Dr. Jeremy Tucker, a senior emergency medicine physician on the board of directors of Fruit Street, led the round, which brings the company's total funding to $8.4 million. Raising money from physicians...
By Jonah Comstock August 1, 2017
XLerate Health, a ​Louisville, Kentucky-based healthcare startup accelerator, announced its fifth class of health startups today. Eight startups will go through the company's 12-week course, which includes office space and mentorship in exchange for a 2 percent equity stake in the company. In previous years, XLerate offered companies an optional $20,000 stipend in exchange for upping the equity...
By Jeff Lagasse July 25, 2017
Circulation is looking to change the way non-emergency patients are delivered to the hospital, and those efforts were bolstered Tuesday by the news that it raised $10.5 million in Series A financing from a group of leaders across the healthcare system.   Flare Capital Partners and The Providence Service Corporation co-led the investment and were joined by Boston Children’s Hospital, Echo Health...
By Jeff Lagasse July 25, 2017
As a concept, using artificial intelligence to monitor the health of ambulatory patients got a boost on Tuesday as physIQ, an AI-centered healthcare outfit, closed $8 million in Series B financing, led by 4490 Ventures. Joining 4490 is the Global Health Sciences Fund through Quark Venture Inc. and GF Securities, along with existing investor LionBird and others. Dan Malven, managing partner at...
By Jeff Lagasse July 25, 2017
New York-based Maven, a digital women's health clinic, has raised $10.8 million in a Series A financing round that brings the company’s total funding to more than $15 million, the company announced Tuesday. The round was led by Spring Mountain Capital with participation from 14W, DGNL, and Colle Capital. All existing investors, including 8VC, Great Oaks Venture Capital, The Box Group, and Female...
By Jeff Lagasse July 24, 2017
WebMD Health Corp., operators of the popular WebMD website, is being acquired by Internet Brands, a portfolio company of KKR, for about $2.8 billion. A subsidiary of Internet Brands will float a tender offer in the next 10 business days to acquire all of the issued and outstanding shares of WebMD common stock for $66.50 per share, to be paid in cash when the transaction’s a done deal. The...
By Jonah Comstock July 24, 2017
San Francisco and London-based Hinge Health, which makes a scalable digital health program for treating musculoskeletal (MSK) conditions, has raised $8 million in a new round of funding led by Atomico. All the company’s seed investors, including Eleven Two Capital and The Vertical Group, also participated in the round. Hinge Health is using digital health technology, including wearables and apps...
By Jeff Lagasse July 18, 2017
Wearable technology company iBeat has gotten a fresh injection of cash, scoring another $3 million in funding to bring its total seed stage funding to $4.5 million. In addition to a health records platform, iBeat is now building a new wearable device that monitors and analyzes users’ heart activity.   Along with the funds come a slew of new investors, including WTI, SV Tech Ventures, Sidekick...
By Jonah Comstock July 17, 2017
Seattle, Washington-based BloomAPI has raised $2.4 million for its medical records processing software. Y Combinator, Slow Ventures, Founder’s Co-Op, Section 32, Liquid 2 Ventures, and Parker Conrad all contributed to the round. HIPAA allows anyone to ask for and receive their medical records. But EHR systems aren’t always designed with an elegant way to get records out of the system, leading to...
By Jeff Lagasse July 17, 2017
Portland, Oregon-based Bright.md has scored a fresh injection of cash in an $8 million Series B funding round aimed at improving patient care and lowering healthcare costs for clinicians. B Capital Group led the round with participation from return backer Seven Peaks Ventures. The funding, which was announced on Monday, will go toward market development for Bright.md’s cloud-based artificial...