Investors

By Laura Lovett 03:47 pm March 10, 2020
This morning EEG-focused startup Zeto announced that it scored $7.3 million in Series A funding. The new infusion of cash was led by Seraph Group with participation from Aphelion Capital, SV Tech Ventures, and Shangbay Capital.  WHAT THEY DO  The Santa Clara-based startup created a wireless headset, which uses dry electrodes, and a proprietary software. Cleared by the FDA, the headset, called the...
By Dave Muoio 11:28 am March 6, 2020
Pager, an app-based virtual care and services navigation app, announced this morning $33 million in both equity and debt funding. According to the company, equity comprised roughly two-thirds of this total. Health Catalyst Capital headed the growth equity investment, which also saw participation from new backer Horizon BlueCross BlueShield of New Jersey as well as returning institutional...
By Laura Lovett 11:02 am March 6, 2020
This morning Sparta Science, a musculoskeletal health startup, scored $16 million in Series B funding. GSR Venture US led the round with participation from Arsenal Growth and existing investors.  The Menlo Park, California, company reports that this new infusion of cash will bring its financing to $26 million.  WHAT THEY DO Sparta Science uses data analytics to help users come up with an...
By Dave Muoio 03:26 pm March 5, 2020
SymphonyAI Group, a collection of private B2B artificial intelligence companies spanning multiple sectors, announced yesterday that it has acquired TeraRecon, the maker of products for medical-image post-processing and other related products. As the group’s seventh portfolio company, TeraRecon will continue building out its radiology, cardiology and vascular-surgery AI-imaging support. However,...
By Laura Lovett 10:12 am March 5, 2020
Yesterday morning, Ginger announced that it acquired fellow digital mental-wellness company LiveBetter's technology assets.  LiveBetter has focused on brining virtual mental health tools to smartphone users for free. Meanwhile Ginger focuses on providing digital mental health services including behavior-health coaching, video therapy, tele-psychiatry visits and other self-guided content. It...
By Laura Lovett 04:21 pm March 4, 2020
This morning voice-enabled digital assistant Suki scored $20 million Series B funding. The new infusion of cash was led by Flare Capital Partners with participation from Breyer Capital, Epsilon Health, First Round Capital and Venrock. This news comes roughly two years after the startup raked in its first $20 million in Series A financing.  As part of the funding announcement, Suki revealed that...
By Dave Muoio 04:01 pm March 4, 2020
Alignment Healthcare, a Medicare Advantage (MA) insurer that relies on a tech platform to manage its members' shifting data in real time, has announced $135 million in new funding. The Series C round was backed by Fidelity Management & Research Company, Durable Capital Partners L.P. and multiple funds and accounts advised by T. Rowe Price Associates. WHAT THEY DO Active within California (and...
By Dave Muoio 02:26 pm March 3, 2020
It was another strong quarter for the ever-growing Livongo Health, which yesterday reported to investors a 137% rise in year-over-year Q4 revenue from $21.2 million to $50.2 million. Full-year revenues followed a similar path, growing 149% from $68.4 million in 2018 to $169.9 million in 2019. “Livongo finished the year with excellent momentum, exceeding all of our guidance metrics, achieving...
By Dave Muoio 03:19 pm March 2, 2020
Health-benefits navigation platform Accolade announced on Friday the filing of its S-1 with the US Securities and Exchange Commission, making it the next digital-health company in line to join the public markets. Accolade has set a $100 million maximum aggregate offering price to calculate its registration fee, but has not yet locked down the price and volume of its share offering. The Seattle-...
By Dave Muoio 12:04 pm March 2, 2020
axialHealthcare, maker of a platform for managing substance use disorder (SUD) patients, has closed $15 million in Series C funding. The raise was headlined by the Nashville company's existing investors, a list that includes Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture Partners and Sandbox Advantage Fund. WHAT THEY DO Founded in 2012, axialHealthcare's earlier iteration focused on...