Investors

By Laura Lovett 02:55 pm November 18, 2019
This morning Toronto-based Winterlight Labs, a company that uses speech technology to assess cognitive health, landed $4.23 million (5.6 million CAD) in new funding. The round was led by Hikma Ventures with participation from First Star Ventures, Pacific Health Ventures, Grey Sky Venture Partners and others.  WHAT THEY DO  Winterlight Labs makes a tablet-based technology that employs speech-based...
By Laura Lovett 11:49 am November 18, 2019
This morning Biofourmis, maker of an artificial intelligence-enabled monitoring and decision support platform, announced its plans to acquire Zürich, Switzerland-based wearable biosensor company Biovotion. The terms of the deal are not disclosed; however, we do know the deal is made up of a combination of cash and equity.  The acquisition will include Biovotion’s clinical grade-wearable...
By Dave Muoio 03:25 pm November 17, 2019
A half dozen digital health startups went head to head this weekend in a pitch contest hosted by the American Heart Association. The competition’s cohort ranged from well-known heavy hitters like Welldoc to Korean hospital spinout Vuno, but in the end it was Pittsburgh-based Forest Devices that claimed top honors from both the contest’s eight judges and its audience. “Our solution is AlphaSTROKE...
By Dave Muoio 11:36 am November 14, 2019
Musculoskeletal digital health platform Risalto Health bagged $7 million in new funding from Health Catalyst Capital Management, the startup announced yesterday. WHAT THEY DO The New York-based company use artificial intelligence to find muscular and skeletal health providers in the user’s area. Patients navigate these selections through the company’s app, which acts as a digital concierge that...
By Dave Muoio 12:10 pm November 13, 2019
Elektra Labs, a startup looking to curate secured connected health technologies, has announced a $2.9 million in seed funding. Maverick Ventures led the round, which saw contributions from Arkitekt Ventures, Boost VC, Founder Collective, Lux Capital, SV Angel and Village Global. Sixteen angels also took part in the raise, including the heads of high-profile companies such as PillPack, Flatiron...
By Laura Lovett 10:41 am November 12, 2019
This morning Whoop, a Boston-based performance wearable company, raked in $55 million in a Series D funding round. The new money is a combination of both equity and debt. Foundry Group led the round with participation from Two Sigma Ventures, Accomplice, Thursday Ventures, Promus Ventures, Silicon Valley Bank and other individual investors.  According to the company, this latest raise brings its...
By Dave Muoio 02:15 pm November 8, 2019
Data-driven smart bed maker Eight Sleep (formerly known as Luna) has raised $40 million in its latest investment round, announced Wednesday. The funding was headed by Founders Fund, and included support from Craft Ventures, Khosla Ventures, Y Combinator, 8VC, Flexport’s Ryan Petersen and Eventbrite’s Kevin Hartz. Alongside its prior rounds, this week’s news brings the company to a total raise of...
By Jonah Comstock 04:10 pm November 7, 2019
In its second earnings call as a public company, Livongo was able to report strong financial and operational numbers and raise its revenue guidance for the year from $7 million to $9.5 million. CEO Zane Burke also shared that the company's diversification beyond diabetes is making progress: more than 20% of the company's estimated value from new partnerships is from non-diabetes business. TOPLINE...
By Dave Muoio 03:50 pm November 7, 2019
AiCure, a nearly decade-old startup using artificial intelligence to measure medication adherence and other behavior during clinical trials or normal care, has brought in $24.5 million in Series C funding. Palisades Growth Capital led the raise, which also featured new backers Singtel Innov8, Asahi Kasei Corporation, Accelmed Growth Partners, and SpringRock Ventures. The round also included all...
By Dave Muoio 02:33 pm November 7, 2019
Fitbit’s year-over-year device sales flatlined in Q3 2019, which combined with lower sales tag prices drove a decline in revenue, according to the wearables maker’s latest quarterly earnings. The reporting — which was bereft of an investor’s call, Q&A and any forward-looking statements due to the company’s pending acquisition — is the latest look at a wearables business Google apparently...