Investors

By Jonah Comstock June 9, 2015
New York-based behavioral health startup AbilTo has raised $12 million in third round funding led by HLM Venture Partners. Existing investors BlueCross BlueShield Venture Partners, .406 Ventures and Sandbox Industries all contributed to the round as well. Yumin Choi, a partner at HLM, will join AbilTo's board. AbilTo is focused on identifying and remotely treating mental health co-morbidities...
By Aditi Pai June 8, 2015
Just a couple months after Teladoc filed for an IPO, the company disclosed that they have acquired Scottsdale, Arizona-based Stat Health Services, which offers the online doctor visit service Stat Doctors. "We anticipate closing on the proposed acquisition of StatDoc on June 16, 2015 for $30.5 million, comprised of $13.7 million of cash and $16.8 million of stock and any working capital...
By Aditi Pai June 8, 2015
Thiel Foundation has announced that Harry Gandhi, cofounder and CEO of digital health startup Medella Health will be a 2015 Thiel Fellow. Medella Health is developing glucose-sensing contact lenses. This year's group of 20 Thiel Fellows were selected from 2,800 applicants. Fellows receive $100,000 and mentorship from the Foundation’s network of founders, investors, and scientists. They can...
By Aditi Pai June 4, 2015
Seattle-based Carena, which offers a video visit service for health systems, has raised $13.3 million from Cambia Health Solutions, McKesson Ventures, Catholic Health Initiatives (CHI), and Martin Ventures. Carena's video visit offering, which they describe as a virtual clinic, is designed to help extend health systems' services. Patients can request physician visits via phone or the web. Visits...
By Jonah Comstock June 4, 2015
While Teladoc has been pulling in a lot of press lately with its IPO news, competitor American Well has been busy too, securing an eight-figure investment from Israeli pharmaceutical giant Teva, according to a recent report in Israeli publication Globes. According to Globes, the investment of "tens of millions of dollars" is part of a new push into digital health by Teva, which has also included...
By Jonah Comstock June 4, 2015
New York City and Austin, Texas-based Informed Data Systems has raised $8 million for its One Drop mobile diabetes management platform. The round was led by RRE, with additional contributions from BoxGroup, Capital Factory, and existing investors LAUNCH fund and Neu Ventures. One Drop is a direct-to-consumer app for diabetes management, currently available on iOS and Apple Watch. It allows users...
By Jonah Comstock June 3, 2015
Medtronic's Guardian Mobile CGM app, yet to be released in the US. Despite speculations to the contrary from analysts last year, it looks like Medtronic will continue to acquire early-stage health companies even after its Covidien acquisition. On a fourth quarter earnings call, Medtronic CEO Omar Ishrak told analysts that the company would use new cash from the Covidien deal to invest in early...
By Aditi Pai June 3, 2015
Manchester, New Hampshire-based virtual pharmacy PillPack has raised $50 million in a round led by CRV with participation from Accel Partners, Atlas Venture, Menlo Ventures, and SherpaVentures. This brings the company's total funding to $62 million dollars to date. Existing investors include High Line Venture Partners, QueensBridge Venture Partners, and Founder Collective. "In the last two years...
By Aditi Pai June 2, 2015
New York City-based accelerator Startup Health has added 12 more companies to its program. It now has 102 startups in its portfolio. Startups that have participated in the accelerator have raised a total of $200 million so far. That’s up from $190 million in January 2015. Startup Health said that 44 percent of its companies were founded by physicians or other practitioners, and 33 percent were...
By Aditi Pai June 2, 2015
Health data platform company BaseHealth raised $3.6 million, according to an SEC filing. BaseHealth has raised at least $9.1 million to date. The company has developed a health assessment service, called Genophen, that payors and providers can offer to members and patients. The service can be added as a feature to a customer's existing health and wellness program. BaseHealth's service collects...