Investors

By Dave Muoio March 15, 2018
New York-based Parachute Health — a startup looking to digitize the ordering of durable medical equipment (DME) and other critical medical equipment for patients leaving the hospital — told MobiHealthNews that it has secured $5.5 million in seed funding over the past few months. The company’s investors include Greater New York Hospital Association Ventures, Loeb Holding Corporation, former...
March 15, 2018
The Securities and Exchange Commission has charged Elizabeth Holmes, founder and CEO of scandal-ridden startup Theranos, with “massive fraud.” Along with former Theranos President Ramesh “Sunny” Balwani, Holmes has been charged with raising over $700 million from investors “through an elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology,...
By Dave Muoio March 13, 2018
Gothenburg, Sweden-based Visiba Care announced that it has secured $3.8 million (3.1 million euros) in a new share issue. The funding round was led by Swedish investor Blue, with additional participation from investors Mattias Weinhandl and Lars Svensson alongside existing owners Simon Josefsson and Björn Mattson. “Over the past year, we have seen a 23 percent month-on-month increase in digital...
By Dave Muoio March 7, 2018
A cadre of Canadian digital health startups were at the forefront of a special HIMSS session organized by the Canadian government’s department of foreign affairs, trade, and development.   Each of the six featured startups was a graduate of the Canadian Technology Accelerator for Health IT in Philadelphia, and tackled healthcare challenges ranging from medication adherence to inelegant data...
By Dave Muoio February 28, 2018
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $110 million in funding to scale operations. Participants in the financing round include existing investors NEA, Founders Fund, GV, and Maverick Ventures, as well as new investors Sun Life Financial and Mubadala Ventures. Word of the new funding comes amidst other headlines...
By Jonah Comstock February 28, 2018
Berkeley, California-based smart stethoscope company Eko Devices has raised $5 million in new funding. Artis Ventures led the round, with additional participation from Strategic Partners, Dreamlt Ventures, 1812 Ventures, and Founder.org. This brings the company's funding up to $7.8 million — it last raised money in 2015. Eko Devices received FDA clearance last year for Duo, a smart heart monitor...
By Dave Muoio February 28, 2018
Tagnos, maker of an AI-powered logistics platform for hospitals and clinics, announced today that it has raised $5 million in investment funding from Benhamou Global Ventures, Morpheus Ventures, and Zebra Ventures. “We are focused on delivering data-driven patient flow and patient experience solutions,” Neeraj S. Bhavani, CEO of Tagnos, told MobiHealthNews in an email. “The new funding we’ve...
By Jonah Comstock February 26, 2018
Nomad Health, a New York company that makes a platform for job-seekers and employers in the healthcare space, has raised $12 million in a new funding round led by Polaris Partners. Existing investors First Round Capital, RRE Ventures, and .406 Ventures also participated. “We’re building a marketplace for healthcare jobs,” CEO Dr. Alexi Nazem told MobiHealthNews. “We started out with just...
By Jonah Comstock February 20, 2018
OrCam, an Israeli company working on augmented reality for the blind and vision impaired, has raised $30.4 million. According to Reuters, which broke the news, the round included Israeli insurer Clal Insurance and investment group Meitav Dash. The round takes the company's total funding to just over $130 million and place's the company's valuation at $1 billion. CEO Ziv Aviram told Reuters the...
By Dave Muoio February 15, 2018
Pharma giant Roche is set to acquire oncology EHR software firm Flatiron Health in the first half of 2018, the companies announced today in a statement. Roche will pay an additional $1.9 billion over the millions it had already invested into the company in 2016, and as a result of the deal will control all shares of Flatiron Health. “This is an important step in our personalized healthcare...

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