Investors

By Dave Muoio September 13, 2017
SPR Therapeutics, the Cleveland, Ohio-based developer of a wearable pain management device, announced yesterday the completion of $25 million in Series C financing. The company’s new funding — primarily secured from Frontcourt Ventures and an unnamed family office — will support commercialization of the Sprint Peripheral Nerve Stimulation System, and investigate its applicability across...
By Jonah Comstock September 12, 2017
Ieso Digital Health, a Cambridge, UK-based digital behavioral health company, has raised $24 million in a new round of funding led by European VC firms Draper Esprit and Touchstone Innovations. The company offers cognitive behavioral therapy via text-based messaging that takes place in a secure virtual room. Ieso collects data from sessions and uses machine learning to continue training its...
By Jeff Lagasse September 6, 2017
Truveris, a healthcare technology company focused cloud-based data analytics solutions for the $450 billion prescription benefits industry, today announced that the company has secured $25 million in a new round of funding to accelerate its growth strategies.   The Series D round was led by McKesson Ventures, and included Canaan Partners, New Leaf Venture Partners, Tribeca Venture Partners, and...
By Jeff Lagasse September 5, 2017
Behavioral health technology company AbleTo secured $36.6 million in financing last week, led by Bain Capital Ventures, and all of its existing investors -- 406 Ventures, Sandbox Industries, HLM Venture Partners, and Horizon Healthcare Services -- participated in the Series B round as well. Strategic investor Aetna also chipped in.   With the fresh investment, AbleTo plans on turbocharging the...
By Jeff Lagasse September 5, 2017
Swedish outfit Aifloo, which produces a smart wristband powered by artificial intelligence, has raised $6 million (€5.1 million) in new funding, according to TechCrunch. EQT Ventures led the Series A funding round.   Seniors are the target demographic for the wristband, as it’s designed to improve the quality of their lives and make things easier for caregivers. The product is equipped with...
By Jonah Comstock September 1, 2017
Cara, a Berlin-based startup building a medical app for digestive health (a space the company has boldly dubbed “poop tech”), has raised a $2 million seed round. Atlantic Labs led the round, and additional investments came from angel investors. The company does business as Cara, the name of its app, but is officially known as HiDoc. “Digestive issues are still a taboo topic but we are now making...
By Jonah Comstock August 31, 2017
Bethesda, Maryland-based BrainScope, which makes mobile, non-invasive devices that help medical professionals assess traumatic brain injury, has raised $16 milion. New investor DBL Partners contributed along with existing investors Revolution LLC, ZG Ventures, and Maryland Venture Fund. “We are delighted to have closed this financing with such outstanding investors," Michael Singer, CEO of...
By Jeff Lagasse August 30, 2017
PriorAuthNow, a platform for connecting the healthcare landscape using prior authorization automation, has closed a $3.6 million investment funding round led by NCT Ventures, with participation from Detroit Venture Partners.   The company will use the extra money to advance its mission, which is essentially to disrupt the prior authorization industry, valued at about $31 billion. PriorAuthNow...
By Dan Gebremedhin and Kara Werner August 25, 2017
About the Authors: @DanGebremedhin is a Principal at Flare Capital Partners, an early stage Health Technology and Services focused VC Firm. He is a practicing physician at the Massachusetts General Hospital, previously served as a Medical Director at the Harvard Pilgrim Health Plan, and spent five years as an entrepreneur in the Health IT Industry.  @KaraLWerner is a current member of the 2017...
By Jonah Comstock August 23, 2017
Lumity, a San Mateo-based employee benefits software company, has raised $19 million in a new round led by DFJ. Social+Capital Partnership and True Ventures, both previous investors, also contributed to the round, which brings Lumity’s total funding to $33 million. (The company raised $14 million in 2015). “Set against the backdrop of rising healthcare costs, an opaque healthcare system,...