Investors

Photo credit: Rock Health 

By Laura Lovett 11:51 am October 15, 2019
A decade ago digital health was a relatively new term, largely without name recognition. Today, the venture dollars tell a new story, with $8.1 billion poured into the space in 2018 alone, according to a Rock Health report. Still, most healthcare stakeholders agree digital health is still in its early days and is grappling with questions about its place in the health ecosystem.  Founded in 2010,...
By Jonah Comstock 03:22 pm October 14, 2019
Atlanta-based Florence Healthcare, a maker of software for clinical trials, has raised $7.1 million in a Series B funding round led by Fulcrum Equity Partners, with additional participation from Atrium Health and Bee Partners. The round brings the company's total funding to at least $8.8 million, with a $1.7 million seed round from 2016. WHAT THEY DO Not to be confused with the UK social care...
By Dave Muoio 01:04 pm October 14, 2019
Australian digital medication management platform MedAdvisor has raised $11.5 million (17 million Australian dollars) through placement investment headed by Texas-based HMS Holdings, which now claims an approximately 13% ownership stake in the platform as a result of its $7.5 million strategic investment. MedAdvisor initially sought to raise just over $10 million (15 million Australian dollars)...
By Jonah Comstock 03:57 pm October 10, 2019
It may have been easy to miss, given the excitement of the quarter’s IPOs, but the third quarter of 2019 was actually a light one for digital health mergers and acquisitions, with just 10 deals — compared to 17 in Q1 and 12 in Q2. As usual, we’ve ordered acquisitions by price first, then chronologically for the unknown terms — which is most of them. It’s worth noting that the quarter also saw...
By Dave Muoio 03:50 pm October 10, 2019
Digital chronic disease management company Omada Health has added onto June’s $73 million funding round with a new strategic investment from Intermountain Ventures. The terms of the deal were not disclosed. WHAT THEY DO Omada pitches its digital coaching programs as a scalable and convenient approach to chronic disease management. The company’s products address hypertension, Type 2 diabetes,...
By Dave Muoio 11:53 am October 10, 2019
Sentio, a behavioral health startup offering an emotion-sensing wearable and a connected support app, has raised $4.5 million in seed funding. The round was led by Felicis Ventures, with additional support from Anthemis Exponential Ventures and SOSV, and brings the company’s total raise to $6.3 million. WHAT THEY DO Sentio’s Feel platform is headlined by the Feel Emotion Sensor, a wristband that...
By Laura Lovett 12:58 pm October 9, 2019
This morning Papa, a startup connecting seniors to college and nursing students to stave off isolation, landed $10 million in Series A funding. The round was led by Canaan with participation from Pivotal Ventures, Initialized Capital, Y Combinator and Sound Ventures.  This comes a year after the company announced a $2.4 million seed funding round, which was led by Initialized Capital.  WHAT THEY...
By Jonah Comstock 12:56 pm October 9, 2019
Houston, Texas-based BrainCheck has raised an $8 million Series A round for its enterprise software offering that digitizes traditional brain health tests. S3 Ventures and Tensility Venture Partners led the round, with additional participation from True Wealth Ventures and Nueterra Capital. Founded in 2014, the company previously raised $3 million in 2016 and $1.5 million in 2017, but that $1.5...
By Laura Lovett 12:00 pm October 8, 2019
Rapid SOS, a data-driven emergency response service, announced that it landed a fresh $25 million in new funding this morning, bringing the company’s total Series B funding to $55 million. The latest infusion of cash was led by Energy Impact Partners (EIP).  WHAT THEY DO The startup’s system integrates data from a variety of sources including from wearables, telematics from connected cars, smoke...
By Laura Lovett 02:30 pm October 7, 2019
Chronic care management company Livongo has inked a deal with the U.S. government, giving federal employees insured by the government with Type 1 or Type 2 diabetes access to the digital program.  The Livongo for Diabetes tool will be open to those insured under the Blue Cross and Blue Shield Federal Employee program, which covers roughly 5.3 million people. Users will be able to access the...