Investors

By Jonah Comstock June 14, 2017
In many ways, the Pulse@MassChallenge startup incubator operates like any other startup accelerator. But the differences are key -- the program, part of a public-private partnership with the Commonweatlh of Massachusetts, takes no equity in the startups and doesn't accept startups unless a major healthcare stakeholder wants to work with them as a "champion" in a relationship that's half...
By Heather Mack June 14, 2017
Houston, Texas-based medical device company Saranas has raised $4M to support continued development on their sensor-enabled bleeding detection device intended for use during cardiac procedures. Of the more than 20 million people in the United States who undergo vascular access procedures – where the femoral artery is used to get to the heart – about 1 million of them experience bleeding...
By Heather Mack June 14, 2017
San Francisco-based Omada Health has raised $50 million in new funding, led by commercial partner Cigna. Civilization Ventures and Sanofi Genzyme BioVentures also contributed to the round. Omada last raised money in September 2015, when it took in $48 million. This latest round brings the company’s total funding to $127.5 million. Along with the funding, Cigna will also expand its collaboration...
By Heather Mack June 13, 2017
Mountain View, California-based NowRx, an app-based pharmacy delivery company, has raised $2 million in seed funding.  The startup, which has been in operation a little over a year, plans to use the capital to expand their customer base. NowRx’s app, which works with all major insurance plans, basically functions as on-demand drug delivery service. The app allows people to upload a photo of their...
By Jonah Comstock June 13, 2017
London-based mail order consumer blood testing startup Thriva has raised $1.9 million (1.5 million pounds) in a round of seed funding, the company announced today. Individual investors include Zoopla CEO Alex Chesterman and TransferWise CEO Taavet Hinrikus and funds investing include Seedcamp, 500 Startups and the London Co-Investment Fund (LCIF). Thriva has been operating in the UK since 2016....
By Jonah Comstock June 13, 2017
Hello, a heavily hyped and funded Silicon Valley company focused on passive sleep monitoring, is shutting down according to multiple media reports and a medium post from founder James Proud. Hello's Sense device raised $2.4 million in a landmark crowdfunding campaign in 2014 and followed that with a total of $40 million in venture funds from Singapore investment firm Temasek and a slew of high...
By Heather Mack June 12, 2017
Israel and Palo Alto-based Art Medical, developers of smart intubation devices for use in intensive care, has raised $20 million in a round led by Advanced Medical Technologies. The funding comes at the same time as the company’s official transition out of stealth mode. Founded in 2009, Art Medical previously raised $7 million from a combination of funding from the Israel Innovation Authority and...
By Heather Mack June 7, 2017
Austin-based Digital Pharmacist, a company that offers prescription management apps, has raised $6.5 million in new funding in a round led by Activate Venture Partners and LiveOak Venture Partners. The company, which was formed in January from a merger of RxWiki and Telemanager, has raised $13.7 million to date. With mobile apps and telecommunication technology, Digital Pharmacist positions...
By Heather Mack June 7, 2017
Sports-related talk may encourage one to go big (or go home), but sports-related injury assessment need not follow the same credo. At least, according to Philadelphia-based Trice Medical, which has developed a tiny, needle-based camera to triage joint injuries rather than doing so with a traditional MRI. The company just raised $19.3 million in Series C funding to take the device’s reach further...
By Jonah Comstock June 7, 2017
GreatCall, the San Diego company that started out making smartphones for seniors in 2006 but now offers a suite of connected safety products for aging in place individuals, has been acquired by Chicago-based private equity firm GTCR. The amount of the deal was not disclosed. "The business services team has been focused on this PERS world for the better part of a decade, looking for the option...