digital health funding

By Heather Mack March 15, 2017
Seattle-based venture capital firm Biomatics Capital, which focuses on companies innovating around healthcare and technology, has closed its initiatory fund of $200 million. This exceeds the firm’s target of $150 million and spans a range of investors including individuals, family offices and institutions. Biomatics is particularly interested in genomics and digital health, and will use this fund...
By Heather Mack January 5, 2017
Online network PatientsLikeMe, which serves as an information, support and study recruitment source for people living with chronic conditions, has secured $100 million in new funding, largely from a new partnership with health data and genomics company iCarbonX. Existing investor Invus also contributed to the funding round, which is still open. “This partnership is very exciting, as it...
By Jonah Comstock January 4, 2017
According to Rock Health's new end-of-the-year funding report, total digital health funding was down to $4.2 billion, an 8 percent drop from 2015's total of $4.6 billion. But even though less money was infused into the industry, 8 percent more companies received funding: 296 versus 273 last year, a record number of companies funded. Interestingly, nearly 20 percent of the funding was wrapped up...
By Jonah Comstock October 7, 2016
For the third quarter of 2016, MobiHealthNews tracked just shy of $600 million in deals. While a few large deals anchored the quarter, the majority of the 45 we tracked this quarter were small; only seven were more than $20 million, most were $10 million or less. For this analysis, we’ve omitted investments in joint ventures like Verily and Sanofi’s OnDuo as well as grant funding. Read on for the...
By Heather Mack September 28, 2016
This year has proven to be a time of reckoning for digital health funding, with few IPOs living up to their expectations, venture capital funds becoming more selective, and scrutiny of startups increasing, said a panel of investors at Health 2.0 in Santa Clara. That said, however, money is still flowing into the industry, but expect a shift in the next year, with more private-to-private mergers...
By Heather Mack September 21, 2016
Artificial intelligence and big data are shaping up to have the biggest impact on the healthcare industry, and most of that money will be coming from venture capital funds, according to a new survey of digital health executives and investors. Silicon Valley Bank surveyed 122 founders, executives and investors in health technology, asking about the biggest opportunities and threats for the...
By Heather Mack July 19, 2016
As we come to the midyear point of digital health funding, two reports from Rock Health and CB Insights offer up analysis of how 2016 is coming along.   Rock Health reported just more than $2 billion in total venture funding – on track with the levels of both 2014 and 2015. While funding hasn’t continued to surge upwards as it has in the past, Rock Health analysts Mitchell Mom and Ashlee Adams...
By Brian Dolan July 7, 2016
New York City-based Force Therapeutics raised $2.6 million, according to an SEC filing. This brings the company's total funding to date to about $4.8 million. The company's original investors include former OpenTable CEO Thomas Layton; former CEO of Revolution Health and TicketMaster, John Pleasants; and FiveW Capital Managing Member Randall Winn. Force Therapeutics has developed a mobile and web...
By Brian Dolan June 28, 2016
At the MobiHealthNews 2016 event in San Francisco earlier this month, two investors shared tips for health tech startups assessing their first deployments with providers and payers. Kleiner Perkins’ Lynne Chou O’Keefe and Hearst Health Ventures’ Ellen Koskinas also offered up the names of some of the best early partners for health tech startups, pointed to a few areas of interest to their funds,...
By Heather Mack June 28, 2016
HealthPrize Technologies closed a series B round of financing, which included new and existing investors. The medication adherence company intends to use the funds to expand the team both internally and internationally. While the amount of this round remains undisclosed, the company had previously raised about $7 million from investors including Mansa Capital, dLife Founder Howard Steinberg and...