Investors

By Dave Muoio March 30, 2018
In the first three months of 2018, MobiHealthNews tracked 30 digital funding rounds comprising approximately $1.2 billion in collective funding, as well as two rounds with undisclosed totals. While these numbers may fall short of 2017’s staggering first quarter (which consisted of 46 deals totaling $1.47 billion, including $800 million for Verily alone), the beginning of the year has still seen...
By Dave Muoio March 29, 2018
San Francisco-based microsensor textile company Siren has announced the first product using its proprietary Neurofabric material. The Siren Diabetic Sock and Foot Monitoring System and its accompanying app monitor wearers’ foot temperature as an early warning sign of inflammation and, subsequently, diabetic foot ulcers. The company, which was founded in 2015, also announced that it has raised $3....
By Jonah Comstock March 28, 2018
Dublin, Ireland and New York City-based LetsGetChecked has raised $12 million in first round funding to support the development of its end-to-end at-home lab test business. Optum Ventures led the round, and Chinese VC firm Qiming Venture Partners also contributed. “We started in the UK where everything’s free, you know?” founder Peter Foley told MobiHealthNews. “So we demonstrated that people...
By Dave Muoio March 28, 2018
Alongside the launch of its administrative software designed specifically for independent primary care practices, San Francisco-based Canvas Medical has announced that it has raised more than $3 million in total funding with its most recently closed round. The latest fundraising was led by Upfront Ventures, with participation from iSeed Ventures, Village Global, and other unnamed angel investors...
By Dave Muoio March 28, 2018
Tech-friendly, consumer empowerment-focused health insurance startup Oscar Health has closed a $165 million funding round led by Brian Singerman and Founders Fund, according to a recent blog post from the company’s cofounders. Other participants in the round included Verily Life Sciences, Fidelity, 8VC, General Catalyst, Capital G, Khosla Ventures, Thrive Capital, and other unnamed investors. “...
By Dave Muoio March 27, 2018
Iggbo — a Richmond, Virginia-based startup founded in 2015 known for its technology-enabled network for facilitating on-demand blood draws and medical testing — announced yesterday that it has changed its name to Workpath and secured $1.5 million in additional funding, according to a statement from company. Workpath, which was founded in 2015, also announced that it will be moving to a new office...
By Laura Lovett March 27, 2018
The healthcare innovation industry is a multifaceted ecosystem: From the energetic new startup developing a product and the venture firm backing it, to the FDA regulating the new invention, there are plenty of forces working in concert. At The Economist’s Healthcare Forum in Boston today, healthcare industry leaders discussed the balancing act of working with key players in this system.  “It is a...
By Dave Muoio March 26, 2018
The average cost of development for a mobile health app from conception to launch is approximately $425,000, with nearly half of this expense outsourced to third-party app development agencies or freelancers, according to new research data recently released from a Research2Guidance survey of 2,400 mobile health stakeholders conducted over the summer. “The [$425,000] is just the average cost — for...
By Dave Muoio March 21, 2018
Berlin-based digital health startup platform Heartbeat Labs announced that it has invested in two new companies: home visit platform Medlanes and app-based hearing test maker Mimi Hearing Technologies, both of which are also based in Berlin. Heartbeat Labs provides digital health startups with seed funding ranging from $614,450 to $6,144,500 (500,000 euro to 5 million euros). The company also...
By Dave Muoio March 20, 2018
Eden Health, a New York-based employee benefits and telehealth platform paired with primary care services, has announced $4 million in seed funding led by Greycroft Partners. In addition to the funding, the company also announced that it is looking to expand its services to more employer customers in the New York City and New Jersey markets. “Eden is a personal health platform that works...

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