Investors

By Jeff Lagasse 02:25 pm September 26, 2019
Mednition, makers of machine learning-powered solutions for healthcare, announced Wednesday that the company has raised $10 million in a Series A round of funding led by healthcare private equity firm Concord Health Partners. Concord tapped its American Hospital Association Innovation Fund for the financing. WHAT THEY DO Burlingame, California-based Mednition was founded in 2014 to help...
By Laura Lovett 01:21 pm September 25, 2019
Behavioral health and wellness prediction company Catasys has inked a deal with banking firm Goldman Sachs to secure $45 million in debt financing.  WHAT THEY DO  Catasys uses artificial intelligence and data analytics to pinpoint health plan members who may have a behavioral health condition. The idea is to catch untreated mental illness before the issue becomes worse. The system then works on...
By Dave Muoio 12:28 pm September 25, 2019
Eko, maker of devices and platforms for monitoring heart function, has raised $20 million in Series B funding. The raise was led by ARTIS Ventures, and also includes DigiTx Partners, NTT Venture Capital (NTTVC), 3M Ventures, Mayo Clinic, Seaph Group and XTX Ventures. Eko closed its previous rounds in February of last year and early 2015. Today’s announcement brings the company’s lifetime capital...
By Laura Lovett 03:52 pm September 24, 2019
Boston Children’s Hospital spin-out Mightier has scored an additional $250,000 for its emotional regulation video game program. The new investment was made by Modern Time Group.  This additional funding comes on the heels on a $6.6 million Series A investment announced in May, which all together brings the company’s total money pot to roughly $10.35 million.  WHAT THEY DO  The company was created...
By Dave Muoio 01:46 pm September 24, 2019
New York City startup Voro has raised $2.5 million in seed funding for its “health care social network.” Floodgate led the round, which also included top names from Techstars, Flatiron Health, Tilt, Clover Health, Surion, Teamworthy Ventures, AVG Basecamp Fund, Ride Ventures, OneOncology and others. WHAT THEY DO Voro’s platform looks to inform patients’ care decisions by providing them with...
By Dave Muoio 03:46 pm September 23, 2019
Reuters reported on Friday that Fitbit is weighing a sale of its business. While nothing is set in stone, the fitness wearables and health services company is said to have brought on investment firm Qatalyst Partners to explore its options, with the latter pushing for Alphabet or private equity firms as potential buyers. The report pins Fitbit’s new mindset on middling smartwatch success, which...
By Dave Muoio 02:33 pm September 23, 2019
Heal, maker of an app for booking and processing device-driven physician house calls, announced today that it has acquired New York City-based Doctors on Call, a roughly 50-year-old provider of house call services for elderly patients. The acquisition allows Heal to expand its services — previously limited to the Atlanta, California and Northern Virginia/Washington D.C. areas — into the New York...
By Laura Lovett 02:15 pm September 23, 2019
A Brazilian startup named TNH Health, which makes an artificial intelligence-enabled chatbot, announced a $2 million Series A funding round from Valor Capital Group and individual health entrepreneurs.  Founded in 2013, the company is headquartered in Rio Negrinho, Santa Catrina, Brazil, and has offices in Joinville and São Paulo. WHAT THEY DO The chatbot, dubbed Vitalk, will communicate with...
By Dave Muoio 01:25 pm September 23, 2019
NexHealth, maker of a platform that allows doctors to manage online booking, billing and other patient-facing services, has brought in $4.2 million in a round led by Point Nine Capital. Rubicon Venture Capital, Scott Belsky, Josh Hannah and prior backer iSeed Ventures also participated. WHAT THEY DO Based in New York, NexHealth offers a tool that helps practices mange their communications and...
By Jonah Comstock 03:46 pm September 20, 2019
Eight new digital companies took the stage at Health 2.0’s Annual Conference in San Francisco Wednesday afternoon to give the first public demos of their products for the show’s annual “Launch!” event. OMNY Health, which aims to disrupt data brokerage and give providers more control over the data they sell, took home the audience vote and the $5,000 grand prize. But all eight companies boasted...