Investors

By Heather Mack June 20, 2017
Across the consumer wearable landscape, many devices seem to be designed, first and foremost, for those who are already healthy and looking to get healthier. While a growing number of researchers are tapping things like fitness trackers or sophisticated sweat and heart rate monitors for use in clinical studies, the primary audience for many consumer devices remains those who want to take their...
By Jonah Comstock June 19, 2017
Mindstrong Health, the mental health startup that former NIMH director Dr. Thomas Insel left Verily for last month, has raised $14 million. Foresite Capital and ARCH Venture Partners led the round, with additional participation from Optum Ventures, Berggruen Holdings, and the One Mind Brain Health Impact Fund.  Although it has been reported that Insel left Verily to start Mindstrong, the startup...
By Heather Mack June 19, 2017
Telemedicine giant Teladoc has acquired Best Doctors, a virtual medical consultation company, to enable a connected care platform focused on improving outcomes for some of the most complex medical conditions. Under the terms of the deal, which is expected to close next month, Teladoc will pay  $375 million cash and $65 million of Teladoc common stock. The company reports it has secured $360 in...
By Heather Mack June 19, 2017
New York-based ClassPass, a virtual fitness membership network, has raised $70 million in Series C funding in a round led by Temasek. Existing investors Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also contributed to the funding, which ClassPass will use to expand operations and develop new products. ClassPass, which was founded in 2013, uses an app to connect users to fitness...
By Jonah Comstock June 19, 2017
Xealth, a startup that helps doctors to prescribe digital health apps, has raised $8.5 million in a round led by DFJ Venture Partners. Other investors in the round included hospital systems Providence St. Joseph Health, University of Pittsburgh Medical Center (UPMC), Hennepin Healthcare System, and Froedtert Health. A spin-out from Providence St. Joseph Health's digital innovation group, Xealth...
By Jonah Comstock June 19, 2017
Dutch investment company Main Capital Partners has acquired a majority stake in Verklizan, a Dutch telehealth infrastructure company. Currently Verklizan operates in the Netherlands, Germany, England, France, and Spain, but one of the goals of the acquisition is to support continued international expansion. Verklizan offers a "innovative, cloud-based, Connected Healthcare platform for social...
By Heather Mack June 15, 2017
Greenville, South Carolina-based ChartSpan Medical Technologies, which makes digital care coordination tools, has raised $16 million in new capital led by Cypress Growth Capital. ChartSpan’s platform runs the gamut of practice management software, mobile patient engagement and records management tools. The turn-key service is available to health systems and ambulatory practices throughout the...
By Heather Mack June 15, 2017
Three years in the making, and Dreem has come true. The sleep-tracking wearable, made by Paris and San Francisco-based startup Rythm is now available for pre-order. Along with the public debut of Dreem, Rythm also announced the company’s funding to date stands at $22 million, an $11 million increase since they last raised money in March 2016. The $499 Dreem headband uses dry polymer electrodes to...
By Jonah Comstock June 14, 2017
Osso VR, a startup looking to disrupt the surgical device training space with virtual reality, has raised $2 million in seed funding in a round led by Signalfire, with participation from Anorak Ventures.  The company provides software that creates a virtual operating room on VR platforms like Oculus Rift/Touch or the HTC Vive. Practicing surgeries in virtual reality allows surgeons to get in more...
By Jonah Comstock June 14, 2017
Clinical image and knowledge-sharing app Figure 1, which is sometimes described as an Instagram for doctors, has raised $10 million in funding in a round led by Kensington Capital Partners, with additional support from Samsung NEXT Ventures, John Hancock/Manulife Financial, Hedgewood, and WTI. Existing investors Union Square Ventures, Rho Canada Ventures, and Version One Ventures also...