Investors

By Laura Lovett December 1, 2017
Health engagement company, Revel, just landed $17 million in funding led by TT Capital.  The Minneapolis-based company caters primarily to payers, including large enterprises. It also sells its product to risk-based providers.  “We are a software service company and we have a platform that manages campaigns for engaging people to make better decisions for [their] health,” Jeff Fritz, president...
By Susan Morse November 29, 2017
Optum on Tuesday launched the venture fund Optum Ventures, which has $250 million to invest in digital health startup companies. The venture fund will invest in companies that use data and insights to help improve consumers’ access to healthcare services and how care is delivered and paid for, according to a statement from UnitedHealth Group, Optum’s parent company. Optum CEO Larry Renfro is...
By Jonah Comstock November 29, 2017
Prognos, the healthcare AI company that was known as Medivo until a major pivot in January, has raised $20.5 million in new funding according to a report in the Wall Street Journal. Cigna, Guardian Life Insurance, Hermed, Hikma Pharmaceuticals, Maywic, Merck Global Health Innovation Fund, and Safeguard Scientifics all contributed to the round, which brings the company's total funding to $42...
By Dave Muoio November 28, 2017
Paris, France-based Doctolib, an online medical appointment booking app and management software company, announced that it has raised approximately $41.6 million (35 million euros) in additional funding from BPI France and Eurazeo. This round comes shortly after the startup raised roughly $28 million (26 million euros) in January from BPI France and others. Prior to this year’s funding — which...
By Dave Muoio November 27, 2017
International accelerator program Startupbootcamp has announced 13 companies that will comprise the 2018 class of its sole US-based program, Digital Health Miami. The cohort includes patient management platforms, cognitive function monitors, and adherence improvement offerings, among others. The accelerator participants were selected from a pool of 300 applicants, with the final selection made...
By Dave Muoio November 21, 2017
Zürich, Switzerland-based Oviva Health, developer of a dietary intervention delivery platform, has secured $12 million in Series A funding. Participants in the round include Albion Capital, Eight Roads Ventures, F-Prime Capital Partners, Partech Ventures, and Walking Ventures. Oviva was founded in 2014 after observing dietitians’ need for improved patient engagement and is currently active in...
By Dave Muoio November 15, 2017
Connected wearable patch makers will ship 35.1 million units annually by 2022, with 80 percent of these being used in clinical applications, according to a recent report from market intelligence firm Tractica. The report also forecasts a total $7.9 billion in revenue for the patch market by the same year, all of which suggests a substantial escalation from the 966,000 units the analysts wrote...
By Dave Muoio November 15, 2017
San Francisco-based patient engagement startup Catalia Health has announced an additional $4 million in pre-Series A funding from Ion Pacific and other investors. Building upon previously announced seed funding largely raised from repeat backer Khosla Ventures, the latest round brings Catalia’s total funding to $7.75 million. Catalia’s flagship product, Mabu, is a tablet built into a sculpted,...
By Dave Muoio November 14, 2017
During its Q3 earnings call, Israel-based DarioHealth announced a growing US install base for its smartphone-connected glucometer and increased revenues supported by increasing sales of the platform’s accompanying consumable test strips. While the company expects each of these to take an even larger bite from its cash burn in the coming months, CEO and Chairman Erez Raphael also highlighted...
By Laura Lovett November 14, 2017
Tel Aviv, Israel-based medical device security platform, Medigate, announced today that it has raised $5.35 million in seed funding. The funding is provided by YL Ventures with additional funding from Blumberg Capital.  Medigate plans to use the funding to further its work of securing connected medical devices on healthcare provider networks. The company said the funding will develop the product...