Investors

By Laura Lovett May 25, 2018
This past quarter, Castlight Health continued to see a growth in revenue, as it looks forward to the release of its “Castlight Complete” platform, which offers customers an integrated digital health platform. Castlight announced that its total revenue was $36.5 million in Q1. That was an increase of 32 percent year-over year. The total year’s revenue is still expected to be between $150 and $155...
By Laura Lovett May 25, 2018
Dexcom started out the year strong following the FDA clearance of its integrated continuous glucose monitor the G6. In its Q1 earnings call, the company reported a 30 percent increase in revenue compared to Q1 of 2017, bringing its total revenue to $184 million. When the FDA gave Dexcom the nod for the G6 it became the first interoperable CGM to get the designation. According to the earnings call...
By Laura Lovett May 24, 2018
Boston-based health outcomes and tech company OM1 has just announced that it raked in $21 million in a Series B financing round led by Polaris Partners with participation from existing investors including General Catalyst and 7wire Ventures. This brings the company’s total financing to $36 million, according to Crunchbase.  "Healthcare stakeholders are moving rapidly towards recognizing that...
By Jonah Comstock May 24, 2018
New York City-based Owkin, which uses machine learning to enhance biomedical research, has raised $7 million in Series A follow-on funds. GV, the venture arm of Alphabet formerly known as Google Ventures, was the sole investor. After Owkin picked up $11 million in January, this new raise brings the company's Series A funding to $18 million and its total funding to $20 million. "There is a...
By Dave Muoio May 24, 2018
SafetyCulture, an Australian developer of apps designed to reduce and report employees’ workplace injuries, announced that it has completed a $45.4 million (60 million Australian dollars) funding round led by Tiger Global Management. This latest financing brings the company's total funding to $66 million, according to Crunchbase.  In an announcement published on the company’s blog, CEO and...
By Jonah Comstock May 23, 2018
Amsterdam-based fitness app company Virtuagym has raised $7 million (6 million euros) in its second round of funding. European tech investor Endeit Capital led the round.  "Technology is gaining momentum in the health and fitness industry," Hugo Braam, CEO of Virtuagym, said in a statement. "As a front-runner in the space we've been promoting technology for over a decade now, and it's great to...
By Dave Muoio May 23, 2018
Gaithersburg, Maryland-based Insightin Health has announced the full launch of its big data platform designed to help health plans manage customer relationships alongside news that it has closed a $2 million seed stage financing round. The funding was led by Health Catalyst Capital Management, with participation from Revolution’s Rise of the Rest Seed Fund, TEDCO, SaaS Ventures, TCP Ventures, and...
By Laura Lovett May 23, 2018
This morning CareZone, a platform for managing chronic illness and organizing health information, announced that it landed $50 million in a series D funding round led by NEA, with participation from McKesson Ventures, and Marc Benioff. This brings the company’s total funding to $150 million.  Founded in 2012, the platform aims to help users keep track of their medications and make managing...
By Dave Muoio May 22, 2018
Heal, a company that allows patients to book physician house calls through an app-driven digital scheduling and processing platform, announced this morning that it has raised $20 million in new investment capital, bringing the company’s raised total to more than $69 million. The investment came from Bascom Ventures, Inflection Capital, IRA Capital, RLJ Equity Partners, Trans-Pacific Technology...
By Dave Muoio May 22, 2018
Cambridge, Massachusetts-based Iora Health, a digitally-enabled primary care provider that focuses on the senior Medicare population, announced yesterday that it has closed $100 million in Series E financing. This brings the company’s total funding to at least $223.5 million. Investors in the round included .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures...

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