Investors

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...
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...

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