Investors

By Laura Lovett 01:35 pm October 30, 2019
This morning FundamentalVR, a digital health company that uses virtual reality to help train clinicians, closed a $5.67 million Series A round. Downing Ventures led the round with participation from Tern PLC, Epic Private Equity and Brighteye Ventures. Approximately $600,000 of that funding came in the form of a convertible loan note.  WHAT IS THIS FundamentalVR’s surgical training platform...
By Laura Lovett 03:10 pm October 29, 2019
Last week Emirati startup Meddy scored $2.5 million in Series A funding for its doctor search and booking platform. The latest infusion of cash was led by Modus Capital with participation from 212 Capital, QSTP, Kasamar Holdings, Dharmendra Ghai, Innoway and other unnamed investors.  As part of the funding news the company named Kareem Elsirafy, a partner at Modus Capital, as a new board member...
By Laura Lovett 01:32 pm October 29, 2019
This week Rock Health released a new report conducted in partnership with Stanford University that analyzes how the consumerization of healthcare is shaping the future of the industry. It broke down three major trends: how patient data is creating opportunities and challenges in the field, how online health information is changing the provider relationship and attitudes over a consumer’s...
By Dave Muoio 12:05 pm October 29, 2019
Weave, a Utah-based software startup tackling patient communications for various medical specialties as well as dentistry and optometry, has brought in a $70 million Series D funding round, bringing the company to a total valuation of $970 million. New backer Tiger Global Management led the raise, with prior investors Catalyst, Bessemer, Crosslink, Pelion and LeadEdge also contributing. WHAT THEY...
By Laura Lovett 03:43 pm October 28, 2019
Last week Avia, a digital health insights and consulting service, announced that it raked in $22 million in new funding. First Trust Capital Partners led the round with participation from Sumitomo Corporation of Americas and Ziegler.  As part of the news, Avia has also named Jon Phillips, the managing director and head of private equity at First Trust Capital Partners, and Darren Dworkin, the SVP...
By Laura Lovett 02:34 pm October 28, 2019
This morning Sensely, an artificial intelligence chatbot that helps users navigate insurance benefits, announced a $15 million raise. The latest funding round was led by Aflac Corporate Ventures with participation from NMC, Nippon Life Insurance Company, Susquehanna International Group, Sojitz Corporation, Zuellig Pharma and Silicon Valley Bank.  WHAT THEY DO  Sensely uses avatars to help users...
By Laura Lovett 04:17 pm October 25, 2019
With more than 200 million people, Brazil is the largest country in South America and the fifth largest country in the world. This translates to a lot of healthcare needs.  Driven by the size, local needs and a growing innovation market, Brazilian health tech startups are beginning to emerge. The Brazilian market is unique for startups as it has both a public system, which serves everyone, and a...
By Dave Muoio 02:36 pm October 25, 2019
Augmedix, a startup that uses natural language processing (NLP) and devices to populate medical documentation from clinician-patient conversations, has raised $19 million in Series B funding. Redmile Group, McKesson Ventures, DCM Ventures, Wanxiang Healthcare Investments and other unnamed investors all contributed. WHAT THEY DO Founded in 2012, the startup made a name for itself by outfitting...
By Laura Lovett 03:28 pm October 24, 2019
Healthcare AI company Viz.ai announced that it landed a whopping $50 million in Series B funding this morning. This latest infusion of cash was led by Greenoaks, with participation from Threshold Ventures, CRV, GV and Kleiner Perkins.  The new funding comes a little over a year after the Israeli company raised $21 million from Kleiner Perkins and GV.  WHAT THEY DO  Viz.ai focuses on using AI to...
By Jonah Comstock 02:49 pm October 24, 2019
Amazon has quietly made another digital health acquisition, buying digital health startup Health Navigator for an undisclosed amount. CNBC first reported the news. Founded in 2014, La Grange, Illinois-based Health Navigator offers digital health clinical content in the form of APIs that can be used by EHRs, telemedicine providers, health chatbots and medical call centers.  Amazon will reportedly...