Investors

By Dave Muoio May 13, 2019
Somerville, Massachusetts-based Podimetrics, maker of a connected device for diabetic foot ulcer detection, has raised $13.4 million in Series B funding. Rock Health, Norwich Ventures and Scientific Health Development each participated in the round. WHAT THEY DO Podimetrics’ platform consists of a cellular-connected SmartMat for use in the home, and a corresponding clinician-facing dashboard....
By Jonah Comstock May 13, 2019
Durham, North Carolina-based RelayOne has raised $500,000 in seed funding from Cofounders Capital, a tech-focused venture fund located in Cary, North Carolina. WHAT THEY DO Founded by two frustrated medical device sales reps, RelayOne is focused on solving communication issues in the operating room. The crux of the problem is that surgeries can often take a longer or shorter time than expected,...
By Dave Muoio May 9, 2019
At-home lab test startup LetsGetChecked has brought in a $30 million Series B raise headed by health IT investment firm LTP. Optum Ventures and Qiming Venture Partners USA also returned to participate in the round. WHAT THEY DO Founded in 2014, the New York City-based company offers consumers a range of lab tests that can be ordered through an online site or partner retailers. Customers receive a...
By Dave Muoio May 8, 2019
San Diego-based MedCrypt, a maker of cybersecurity software for medical devices, has raised $5.3 million in a Series A funding round led by Section 32. Other participants include Eniac Ventures and Y Combinator, the latter of which included MedCrypt as part of its Winter 2019 batch. WHAT THEY DO While many medical device security companies are focusing their efforts on provider customers looking...
By Dave Muoio May 7, 2019
TransformativeMed, maker of EHR-friendly clinician coordination and messaging software, has raised $5.8 million in a Series A financing round led by Alliance of Angels. WHAT THEY DO Built for use within Cerner hospitals, the company’s CORES Value Suite product platform inserts a handful of clinical workflows for different specialties or conditions into the EHR. The software incorporates machine...
By Laura Lovett May 7, 2019
This afternoon DispatchHealth, maker of a platform that allows clinicians to make house calls, closed a $33 million growth capital financing. Echo Health Ventures led the round with participation from Alta Partners, Questa Capital and others.  WHAT THEY DO Currently available in select parts of eight different states, DispatchHealth’s platform allows patients to request on-demand care to their...
By Jonah Comstock May 7, 2019
Astarte Medical, a Yardley, Pennsylvania digital health startup focusing on infant microbiome health, has raised a $5 million Series A from a large stable of investors including Viking Global Investors, Lunsford Capital, OCA Ventures, Keiretsu Forum MidAtlantic, Keiretsu Capital Fund, Ben Franklin Technology Partners, Wing VC and Next Act Fund. This is the company's first institutional round, but...
By Laura Lovett May 7, 2019
A new platform, dubbed Journey LIVE, is seeking to bring a group meditation experience to home users. This morning New York-based Journey Meditation launched the app, which will enable users to stream live instructors and classes.  The news coincided with an announcement that the startup landed $2.4 million in seed funding. The new round was led by Canaan with participation from Brooklyn Bridge...
By Laura Lovett May 6, 2019
Nutrition and chronic condition management focused health tech startup Noom landed a whooping $58 million in new financing this morning. Sequoia Capital led the round with participation from Aglae Ventures, Samsung Ventures, and a number of individual investors including Whats App cofounder Jan Koum, DoorDash cofounder Tony Xu, and Oscar Health cofounder Scooter Braun.  WHAT THEY DO Noom’s...
By Jonah Comstock May 6, 2019
Trusted Health, a Bay Area startup focused on changing the way nurses find jobs, has raised $20 million in Series A funding. Craft Ventures led the round, with general partner Jeff Fluhr, cofounder of Stubhub, joining the board. Existing investors Felicis Ventures and Founder Collective also contributed, as did strategic investors Healthbox and Texas Medical Center. WHAT THEY DO For the last 18...