Venrock

By Heather Mack April 13, 2017
It’s hard to characterize what the future of healthcare IT will look like without evoking some form of the word “uncertainty.” With regulatory changes ahead and a fuzzy idea of the economy will look, barriers to innovation are expected. Yet a new survey from VC group Venrock shows many professionals in the industry still expect healthcare IT to grow over the next few years, and even think some...
By Heather Mack March 8, 2017
San Francisco-based startup Virta Health officially launched today with a mission to reverse type 2 diabetes. Formed by a team of doctors, scientists and technologists hailing from Stanford, MIT and Harvard – and backed by $37 million from some big name investors – Virta is approaching type 2 diabetes with a goal to use personalized nutrition, one-on-one coaching and remote monitoring to reverse...
By Heather Mack January 10, 2017
Bethesda, Maryland-based Aledade, which partners with primary care physicians to create tech-enabled accountable care organizations, has raised $20 million in a round led by Biomatics Capital, GV and Maryland Venture Fund. Existing investors Venrock and ARCH Venture Partners also contributed to the round. This brings the company’s total funding to $54.5 million. The funding, which was announced...
By Heather Mack January 5, 2017
Diabetes management device maker Intuity Medical has raised another $15 million in Series C funding in a round led by PTV Healthcare Capital, new investors KCK Group, and affiliates of Luther King Capital Management. Existing investors Accuitive Medical Ventures, Investor Growth Capital, US Venture Partners, Venrock and Versant Ventures also contributed to the round. The company, which makes an...
By Jonah Comstock October 14, 2015
David Ebersman Lyra Health, the behavioral health-focused startup launched this summer by David Ebersman, former CFO of Facebook and Genentech, has raised $35 million. Greylock Partners and existing investor Venrock led the round, with additional participation from existing investor Castlight Health, and new investors Providence Health & Services, Breyer Capital, and Origin Capital...
By Jonah Comstock August 20, 2015
Bryan Roberts Bryan Roberts, one of Venrock's healthcare-focused investment partners, has some rules of thumb for investing in digital health -- and for what to pass up. Roberts' portfolio included six successful exits last year, the Wall Street Journal reports, and this year he has invested in Stride Health, Lyra Health, Intarcia Therapeutics, and Grand Rounds. In a recent interview with the...
By Jonah Comstock August 20, 2015
Grand Rounds, a company that works with consumers and employers to match patients with specialist doctors and helps provide second opinions, has raised $55 million in third round funding from a new, undisclosed global mutual fund investor as well as existing investors Greylock, Venrock, Harrison Metal and David Ebersman. This round brings Grand Rounds' total funding to $106 million. The company...
By Jonah Comstock July 1, 2015
Investment trends in digital health companies point to increasing evidence of a maturing space, according to StartUp Health's Midyear Report. StartUp's figures show that overall investment tracks with the first half of 2014, but a larger percentage of deals is focused on later-stage companies. So far this year, StartUp Health has reported 226 deals and a total of $2.8 billion in funding,...
By Aditi Pai June 25, 2015
Burlingame, California-based Lyra Health, which is developing a platform to identify people with behavioral health conditions, has raised $3.1 million in a strategic round from Castlight Health. Lyra Health previously received undisclosed seed funding from venture capital firm Venrock. Lyra's Chief Medical Officer Dena Bravata formerly served in the same role at Castlight Health. Lyra Health...
By Aditi Pai June 17, 2015
San Francisco-based video visits company Doctor On Demand raised $50 million in a round led by Tenaya Capital with participation from new investors Qualcomm Ventures, Dignity Health, and 23andMe CEO Anne Wojcicki. Existing investors, Venrock, Shasta Ventures, and Sir Richard Branson also contributed. Doctor On Demand has raised more than $74 million in funding to date. Doctor On Demand offers its...