Investors

By Jonah Comstock November 8, 2013
Mark Cuban, billionaire entrepreneur and owner of Landmark Theaters, Magnolia Pictures, and the Dallas Mavericks, has now dipped his toe into mobile health investing. After making a $500,000 investment in smartphone-connected breathalyzer Breathometer on ABC's Shark Tank, Cuban has now participated in Validic's $760,000 seed round. "Personalized health is the future of healthcare," Cuban said in...
By Aditi Pai November 5, 2013
Fitness coaching program Sessions has launched and raised under $1 million from SV Angel, Collaborative Fund, Blackbird and Joshua Kushner. The company, a Rock Health alum, pairs users with coaches to improve fitness. First, users complete a diagnostic test and then after the coach is chosen, the user and coach meet to discuss a fitness plan. From there, the coach will monitor the user using...
By Jonah Comstock November 1, 2013
Clinical Ink, a pharma-focused mobile clinical trial data collection company, has raised $4.3 million. FCA Venture partners led the round, with additional funding from 10 undisclosed angel investors. Clinical Ink makes SureSource, a windows-based tablet software for healthcare providers to collect clinical trial data electronically at the point of care. They use Windows tablets because stylus...
By Neil Versel October 31, 2013
Welltok's Cafewell platform.   Welltok, creator of an online and mobile "social health management" platform, has acquired healthcare incentive design and management firm IncentOne. Denver-based Welltok plans on integrating IncentOne technology into its CafeWell platform, giving population health managers a more convenient way to offer consumers personalized rewards for healthy behaviors. "It...
By Aditi Pai October 30, 2013
New York-based mobile care coordination offering Cureatr raised $5.7 million to help the company grow and drive adoption of its communication and workflow navigation platform. Cardinal Partners and Milestone Venture Partners led the round with participation from JMI Services and the Partnership Fund for New York City. On top of the funding, Cureatr is adding Cardinal Partner Managing Partner...
By Jonah Comstock October 30, 2013
WebMD has acquired EHR-neutral patient portal Avado for an undisclosed amount, a purchase which will accelerate the company's plans to enhance the connectivity between its recently relaunched WebMD patient app and its physician-facing MedScape app. UPDATE: TechCrunch is reporting a $20 to $30 million price range for the acquisition, citing sources close to the deal. "Avado has developed a cloud-...
By Jonah Comstock October 24, 2013
Rise Health, whose Ascend technology is pictured, is an investment of Lee Wrubel. At the Partners Healthcare Connected Health Symposium in Boston, Massachusetts, four major investors in digital health talked about the state of the health investment landscape. In a panel moderated by Bill Geary of Northbridge Venture Partners, Andrew Firlik and Lee Wrubel from Foundation Medical Partners and...
By Aditi Pai October 23, 2013
Fertility tracker Ovuline raised $1.1 million from repeat investors Lightbank Ventures, LionBird Ltd, Bullet Time Venture, CEO Paris Wallace told MobiHealthNews. This brings the company's total announced funding to $2.5 million. "We're going to continue the commercialization of our fertility product and continue to build and launch our pregnancy product in the next few months," Wallace said....
By Aditi Pai October 23, 2013
Madison, Wisconsin-based Wellbe raised $1.4 million to expand its web-based patient coordination software Guided CarePath and fund further development, according to a press release. Undisclosed angel investors in Madison and a few other states contributed $1.1 million to the round and the remaining $300,000 is borrowed from a local city management development corporation, Director of Marketing...
By Jonah Comstock October 22, 2013
Dr. Eric Topol Scripps Translational Science Institute (STSI), the San Diego-based collaboration between Scripps Health and the Scripps Research Institute, has received a $29 million grant from the National Institutes of Health. The grant, called the Clinical and Translational Science Award, is the largest single grant the NIH issues, according to Scripps Health Chief Academic Officer Dr. Eric...