Investors

By Dave Muoio June 11, 2019
Medically Home Group, a services company that supplies remote care technology for at-home acute care, has added a $10 million strategic investment from Cardinal Health and other unnamed backers of its ongoing Series B funding round. WHAT THEY DO The company pitches its “Virtual Hospital” service as an alternative to lengthy and expensive hospital stays. It deploys monitoring and communication...
By Laura Lovett June 11, 2019
This morning Neurotrack, a Redwood City, California-based startup focused on cognitive health, announced that it scored $21 million in Series C funding round. Khosla Ventures led the round with participation from Dai-ichi Life, SOMPO holdings, Sozo Ventures, Rethink Impact, AME Cloud Partners and Marc Benioff.  This news comes a little over a year after the startup closed its Series B funding,...
By Dave Muoio June 6, 2019
Digital health’s consistent funding expansion hit a roadblock in the beginning of 2019, with Rock Health, Startup Health and others pegging the year’s first quarter investment below that of 2018. But that’s not to say that confidence in the sector is also down. A BIO 2019 panel of digital health investors hosted by tech-focused law firm Cooley LLP said that interest among their peers and...
By Laura Lovett June 6, 2019
Carbon Health, a virtual and in-person urgent and primary care network, has raked in $30 million in Series B funding. Announced yesterday, the round was led by Brookfield Growth Partners, with participation from DCVC, Builders VC, Bullpen Capital, Javelin Venture Partners and Two Sigma Ventures.  Following this funding news, Brookfield Growth Partners’ managing director Josh Raffaeli will be...
By Jonah Comstock June 6, 2019
Healthcare enterprises and digital health startups have a symbiotic relationship: startups need enterprise partners to test and validate their technology, and enterprises turn to startups to bolster innovation efforts beyond what they’re equipped to do in-house. According to Rock Health Director of Research Megan Zweig, speaking this week at a Rock Health event in Cambridge, Massachusetts, this...
By Laura Lovett June 6, 2019
Colorado-based startup RxRevu, which specializes in using machine learning for prescription decision support, has landed $15.9 million in Series A funding. UCHealth led the funding with participation from the University of Virginia LVG Venture Fund, Presbyterian Healthcare Services, Inception Health/Froedtert Health, Children’s Hospital Colorado, UnityPoint Health, JAZZ Venture Partners and...
By Laura Lovett June 5, 2019
Digital pharmacy Medly has announced a new Series A funding round led by Greycroft for an undisclosed amount.  WHAT THEY DO The New York City-based startup provides same-day delivery of a patient’s prescription medication. A patient can have their provider send their prescriptions to the Medly platform.  Users can then book a time when it's easy for them to be home and sign for the prescription....
By Jonah Comstock June 5, 2019
Peloton, the connected fitness company offering home exercise bikes and treadmills with built-in virtual classes, has announced its intention to IPO by filing a confidential draft statement of its S-1 to the SEC. The company is not disclosing the number of shares they plan to offer or their price range. For those that count Peloton as a digital health company, it constitutes one of the most...
By Laura Lovett June 5, 2019
This morning AI-enabled symptom checker Infermedica revealed exclusively to MobiHealthNews a new $3.65 million funding round. Estonian investor Karma Ventures led the round with participation from Dreamit Ventures, Inovo Venture Partners and Müller Medien​.  Originally founded in Poland, the company has recently expanded its international footprint with a move into the United States.  WHAT THEY...
By Dave Muoio June 3, 2019
Best Buy has acquired remote senior monitoring service Critical Signal Technologies (CST) and will use its platform to bolster a push into the Medicare Advantage market, the retail electronics company shared during a May 23 investor call. Best Buy did not outline the terms of the deal during the call, only specifying that it had closed during Q2, funded with existing cash and not expected to have...