Investors

By Dave Muoio November 15, 2017
Connected wearable patch makers will ship 35.1 million units annually by 2022, with 80 percent of these being used in clinical applications, according to a recent report from market intelligence firm Tractica. The report also forecasts a total $7.9 billion in revenue for the patch market by the same year, all of which suggests a substantial escalation from the 966,000 units the analysts wrote...
By Dave Muoio November 15, 2017
San Francisco-based patient engagement startup Catalia Health has announced an additional $4 million in pre-Series A funding from Ion Pacific and other investors. Building upon previously announced seed funding largely raised from repeat backer Khosla Ventures, the latest round brings Catalia’s total funding to $7.75 million. Catalia’s flagship product, Mabu, is a tablet built into a sculpted,...
By Dave Muoio November 14, 2017
During its Q3 earnings call, Israel-based DarioHealth announced a growing US install base for its smartphone-connected glucometer and increased revenues supported by increasing sales of the platform’s accompanying consumable test strips. While the company expects each of these to take an even larger bite from its cash burn in the coming months, CEO and Chairman Erez Raphael also highlighted...
By Laura Lovett November 14, 2017
Tel Aviv, Israel-based medical device security platform, Medigate, announced today that it has raised $5.35 million in seed funding. The funding is provided by YL Ventures with additional funding from Blumberg Capital.  Medigate plans to use the funding to further its work of securing connected medical devices on healthcare provider networks. The company said the funding will develop the product...
By Dave Muoio November 14, 2017
Salt Lake City, Utah-based patient management platform maker Collective Medical Technologies announced today that it has raised $47.5 million in a series A funding round led by investment firm Kleiner Perkins. Other participants in the round include Bessemer Venture Partners, Maverick Ventures, Kaiser Permanente Ventures, Providence Ventures, Peterson Ventures, and Epic Ventures. According to...
By Jonah Comstock November 10, 2017
San Francisco-based Welkin Health, which which specializes in patient relationship management through messaging services and workflow organization, has raised $8 million in a new round led by Thrive Capital. This brings Welkin’s total funding to $12 million. “We’re extremely proud of the team we’ve built at Welkin,” Chase Hensel, Welkin’s CEO and cofounder, said in a statement. “We started this...
By Jonah Comstock November 10, 2017
VisitPay, a Boise, Idaho-based healthcare payments startup, has raised $15 million in a round led by Norwest Venture Partners. Ascension Health, which invests on behalf of a number of health systems, contributed to the round as well. VisitPay also rebranded (it was formerly known as iVinci Healthcare) and announced a new customer, Intermountain Healthcare.  “Our cloud-based technology is in...
By Jonah Comstock November 9, 2017
Rightway Healthcare, which provides patient-facing care navigation tools to employee populations, has raised $2 million in seed funding. The round was made up by individual investors. The company works with both self-insured and fully-insured employers to help employees understand and utilize the health benefits available to them, through what CEO and Cofounder Jordan Feldman describes as an “...
By Jonah Comstock November 9, 2017
Natural Cycles, the first app to be CE-certified as a contraceptive in Europe, raised $30 million in a round led by EQT Ventures. Existing investors Sunstone, E-ventures, and Bonnier Growth Media also participated, bringing the company’s total funding to around $38 million. “Our algorithm is developed and optimized for use in contraception and it returns a red or a green day to the user, so the...
By Dave Muoio November 8, 2017
Chicago-based digital healthcare advertiser Outcome Health’s troubles seem to be increasing with each passing month. In the wake of a recent Wall Street Journal investigation alleging that the company’s employees misled clients using inaccurate and manipulated advertisement performance data, a handful of Outcome’s top investors have filed a lawsuit against the startup claiming they were misled by...