Investors

By Laura Lovett February 7, 2019
Yesterday Embleema, a healthcare blockchain startup that lets patients share their data with stakeholders, announced that it landed $3.7 million in a Series A funding round. The round was led by Pharmagest and Techstars.  The news coincides with the announcement that Embleema will be joining the Alchemist Blockchain Techstars Accelerator, a three-month program that gives startups access to...
By Dave Muoio February 6, 2019
San Francisco-based Calm, developer of the meditation and sleep app of the same name, announced this morning that it has raised $88 million in a Series B funding round led by TPG Growth. Creative Artists Agency also participated in the round alongside existing investors Insight Venture Partners and Sound Ventures. The new backing brought Calm’s total funding to $116 million and, according to the...
By Laura Lovett February 5, 2019
This morning Healthy.io, maker of a take home urine analysis test kit, announced a new $18 million Series B funding round. The funding round was led by Aleph, with participation from Samsung Next and private investors.  What they do The Tel Aviv, Israel-based company’s signature product is Dip.io, a home-based urinalysis kit that turns a smartphone into a clinical-grade diagnostic device. The kit...
By Laura Lovett February 5, 2019
This morning PerfectServe, a Tennessee-based medical communication and collaboration platform, announced two new acquisitions in the digital health space. The first is CareWire, which is a mobile patient communication platform. The second is Lightning Bolt Solutions, an artificial intelligence-run physician shift scheduling technology designed for hospital and healthcare system.  CareWire can...
By Dave Muoio February 5, 2019
New York City-based Aetion, which makes an analytics platform to assess real-world evidence from a range of sources, has raised $27 million in a funding round supported by new backers Sanofi, UCB, McKesson Ventures and Horizon Health Services, according to a release. Prior investors including NEA, Flare Capital and Lakestar also participated. An add-on to prior funding from last year, today’s...
By Laura Lovett February 1, 2019
  Yesterday morning addiction-focused telemedicine company Workit Health announced a new Series A funding round led by Blue Cross Blue Shield Venture Partners for an undisclosed amount. Other funders include Endeavor Catalyst, Montage Ventures, Lux Capital, Wakestream Ventures, Invest Detroit and RRE Ventures.  This marks the second funding round for the Californian startup. Originally founded in...
By Dave Muoio January 31, 2019
A literature analysis of research published by healthcare unicorns has found that many high-profile startups, digital health included, have few or no peer-reviewed papers. The review, which sought published research data from 18 current and 29 exited healthcare unicorns, specifically highlighted the risk of “stealth research” among these startups in light of the recent and highly publicized fraud...
By Dave Muoio January 31, 2019
New York City-based Annum Health, a digital health startup focused on using digital health tools to curb alcohol abuse, is shutting down its operations today, according to a notice published on the company’s website. “Over the last two years, Annum created and brought to market a more effective solution to engage and treat the many millions of people who struggle with heavy drinking,” reads the...
By Dave Muoio January 31, 2019
This morning Sentinel Healthcare, a Seattle-based remote monitoring platform for patients with hypertension or other chronic diseases in need of management, announced that it has raised $2 million in new funding. The round was led by PSL Ventures. What they do Sentinel provides a wearable blood pressure cuffs and patient smartphone app that transmit data to the company’s wider service. This data...
By Dave Muoio January 30, 2019
Clover Health, an insurtech startup targeting the Medicare Advantage market, will close a new round of funding within the next couple of weeks led by Greenoaks Capital, Clover CEO Vivek Garipalli announced in a Medium post yesterday. TechCrunch reports that the upcoming round will be valued at $500 million, although a representative of the company who confirmed the funding to MobiHealthNews said...