Investors

By Dave Muoio November 14, 2017
Salt Lake City, Utah-based patient management platform maker Collective Medical Technologies announced today that it has raised $47.5 million in a series A funding round led by investment firm Kleiner Perkins. Other participants in the round include Bessemer Venture Partners, Maverick Ventures, Kaiser Permanente Ventures, Providence Ventures, Peterson Ventures, and Epic Ventures. According to...
By Jonah Comstock November 10, 2017
San Francisco-based Welkin Health, which which specializes in patient relationship management through messaging services and workflow organization, has raised $8 million in a new round led by Thrive Capital. This brings Welkin’s total funding to $12 million. “We’re extremely proud of the team we’ve built at Welkin,” Chase Hensel, Welkin’s CEO and cofounder, said in a statement. “We started this...
By Jonah Comstock November 10, 2017
VisitPay, a Boise, Idaho-based healthcare payments startup, has raised $15 million in a round led by Norwest Venture Partners. Ascension Health, which invests on behalf of a number of health systems, contributed to the round as well. VisitPay also rebranded (it was formerly known as iVinci Healthcare) and announced a new customer, Intermountain Healthcare.  “Our cloud-based technology is in...
By Jonah Comstock November 9, 2017
Rightway Healthcare, which provides patient-facing care navigation tools to employee populations, has raised $2 million in seed funding. The round was made up by individual investors. The company works with both self-insured and fully-insured employers to help employees understand and utilize the health benefits available to them, through what CEO and Cofounder Jordan Feldman describes as an “...
By Jonah Comstock November 9, 2017
Natural Cycles, the first app to be CE-certified as a contraceptive in Europe, raised $30 million in a round led by EQT Ventures. Existing investors Sunstone, E-ventures, and Bonnier Growth Media also participated, bringing the company’s total funding to around $38 million. “Our algorithm is developed and optimized for use in contraception and it returns a red or a green day to the user, so the...
By Dave Muoio November 8, 2017
Chicago-based digital healthcare advertiser Outcome Health’s troubles seem to be increasing with each passing month. In the wake of a recent Wall Street Journal investigation alleging that the company’s employees misled clients using inaccurate and manipulated advertisement performance data, a handful of Outcome’s top investors have filed a lawsuit against the startup claiming they were misled by...
By Jonah Comstock November 8, 2017
Now that the Abbott Freestyle Libre has received FDA clearance, Abbott and Dexcom will be forced into tight competition in the US market. On Dexcom’s third quarter call, CEO Kevin Sayer spent some time assuaging investor fears about that friction. “Late in the third quarter, the FDA approved Abbott's FreeStyle Libre flash glucose monitoring system,” Sayer said on the call. “We always believed the...
By Jonah Comstock November 7, 2017
Toronto-based Interaxon, creator of the Muse EEG-sensing headband, has raised $11.6 million ($14.8 million CAD) in a round led by Trend Forward Capital, Export Development Canada, and OMERS Ventures. Epic Capital Management and Bridge Builders Collaborative also contributed to the round. Interaxon raised $287,000 for Muse in late 2012 and officially launched the product in 2014, one of a handful...
By Dave Muoio November 6, 2017
With more and more mobile health apps releasing each year and slower growth in the number of users downloading, financial success is becoming less likely for developers without substantial backing, data from a recent market research report suggests. According to the mHealth Economics 2017 study — an annual Research2Guidance survey which this summer polled 2,400 mobile health stakeholders — there...
By Jonah Comstock November 2, 2017
Roman, an online men's health platform initially focused on erectile dysfunction, launched this week with $3.1 million in funding. General Catalyst led the round, with participation from Initialized Capital, Box Group, and Slow Ventures. The company also announced a number of angel investors including Casper CEO Philip Krim, Bark CEO Matt Meeker, WayUp CEO Liz Wessel, Code Academy CEO Zach Sims,...