Investors

By Aditi Pai 10:16 am December 20, 2013
Chicago-based Retrofit raised $5 million in a round led by Cambia Health Solutions with additional funding from Draper Fisher Jurveston. This brings the company's total funding to $15.7 million. Cambia Health Solutions invested in Retrofit because of the company's personalized and tech-enabled model, the company said. "Retrofit empowers consumers to make healthy lifestyle choices that are...
By Jonah Comstock 11:03 am December 18, 2013
Maxwell Health, a web- and mobile-based "employee benefits operating system" has raised $6 million, bringing its total first round funding to $8 million. The round was led by existing investor Vaizra Investments, with contributions from new investor Catalyst Ventures and other previous investors Tribeca Venture Partners, Serious Change, Lerer Ventures, and BoxGroup, as well as undisclosed angels...
By Brian Dolan 05:17 am December 17, 2013
Chicago-based higi, a digital health company that powers health kiosks in thousands of retail locations in the US, acquired New York and Seattle-based challenges and rewards platform Earndit last month. Financial details of the transaction have not been disclosed. Higi is the brainchild of serial entrepreneur Michael Ferro, who is also the owner of the Chicago Sun-Times. The company officially...
By Aditi Pai 11:24 am December 16, 2013
Baldwinsville, New York-based Simple Admit raised $610,000 from angel investors, according to an SEC filing. Simple Admit will use the money to enhance staff training capabilities, improve onboarding capabilities, and improve their technology, partly through the creation of an app, which will be done by the second quarter, CEO Mike Horning told MobiHealthNews. Simple Admit is a web-based program...
By Brian Dolan 07:42 am December 11, 2013
Dr. Jordan Shlain on-stage at the mHealth Summit (source: mHealth Summit team) Mountain View, California-based startup HealthLoop raised $10 million in its first round of funding. The investment round was led by Canvas Venture Fund, an early-stage venture fund managed by Morgenthaler. Subtraction Capital also participated. "In healthcare today, broadly defined, medicine is a doctor and a...
By Aditi Pai 01:55 am December 11, 2013
Video consultation app Doctor on Demand has launched and already raised a $3 million seed round from Venrock, Andreessen Horowitz, Google Ventures, Lerer Ventures, Shasta Ventures and Athena Health CEO Jonathan Bush. The app offers patients a portal from which to connect to physicians and is available on iOS and Android platforms. Each video call, which costs $40, can be paid for with a credit...
By Aditi Pai 04:38 pm December 10, 2013
Healthcare photo sharing app Figure 1 raised $2 million in seed funding. The round was co-led by Version One Ventures and Rho Canada Ventures, a division of New York-based Rho Capital Partners and also included the Investment Accelerator Fund, Ryerson Futures, Accelerated Medical Ventures Founder Zen Chu, and Rypple Cofounder Daniel Debow. Figure 1 will use the money to improve their product and...
By Aditi Pai 04:10 am December 10, 2013
Digital health startups that are targeting the aging population, 50 and over, more than doubled their funding in the past three years, increasing their funding from $413 million in 2010 to $928 million in 2013, according to a report sponsored by AARP and StartUp Health. The partnership and report development is part of AARP's Innovation@50+ initiative, which aims to increase awareness that...
By Neil Versel 04:00 am December 10, 2013
WellnessFX, a supplier of blood management services for consumers and a Web portal for phlebotomy laboratories, has been acquired by Health Elements, which provides wellness services, including mobile apps and online coaching, for people looking to lose weight and fight chronic diseases, the companies said Monday. They did not disclose financial terms of the deal. The combined company will retain...
By Brian Dolan 03:27 am December 10, 2013
Citing his experience at AOL, Co-Founder Steve Case told attendees at the mHealth Summit this week that entrepreneurs in new markets typically will experience three phases as a newer field like digital health matures: hype, hope, and happiness. Hype, of course, is one of the first phases when most everyone is excited about the potential, but "revolutions happen in an evolutionary" way, Case said...