Investors

By Dave Muoio June 17, 2019
Quartet Health, a startup focused on behavioral health and primary care, has brought in another $60 million in funding, bringing its total raise to $153 million. The Series D round was headlined by Centene Corporation, with support from returning backers F-Prime Capital Partners, GV, Oak HC/FT and Polaris Partners. WHAT THEY DO Quartet’s integrated platform links providers, payers and services...
By Dave Muoio June 17, 2019
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $205 million in a Series E funding round led by SoftBank. New backers PSP Investments, DFJ Growth and G Squared also participated alongside returning backers Founders Fund, GV, Maverick Ventures, Mubadala Ventures, NEA and Sun Life. WHAT THEY DO Since its launch in 2013,...
By Dave Muoio June 14, 2019
ZappRx, a digital specialty prescription and prior authorization platform, has been purchased by EHR vendor Allscripts for an unknown sum. CNBC broke the news yesterday, which MobiHealthNews confirmed with Allscripts. CNBC’s sources said that the deal’s value did not exceed the total that investors poured into ZappRx, which Crunchbase pegs at $41 million. Founded in 2012 and based in Boston,...
By Laura Lovett June 14, 2019
Perhaps it’s no surprise that the startup scene is thriving in a culture known for braving harsh conditions. And while the startup world isn’t quite a wintry Finnish blizzard, it is known to test its founders and employees’ fortitude. Within the last decade Finnish digital health startups such as Meru and Kaiku have emerged as up-and-coming players on the European health scene.  Both the private...
By Dave Muoio June 13, 2019
At-home fertility testing startup Modern Fertility has raised $15 million in Series A funding in a round led by Forerunner Ventures and its founding partner, Kirsten Green, who will be joining the company’s board. WHAT THEY DO Modern Fertility’s direct-to-consumer business starts when the customer requests a personalized at-home test, or opts to take it at a local lab. Once the results are...
By Dave Muoio June 13, 2019
Genome Medical — a company that offers patient-facing virtual visits and provider-facing consultations with genetic experts — has raised $23 million in Series B funding. The round brings Genome Medical to $46 million in total funding. The round was led by Echo Health Ventures, with participation from LRVHealth, Casdin Capital, Perceptive Advisors, Manatt Venture Fund and Dreamers Fund, as well as...
By Dave Muoio June 12, 2019
Gympass, a platform that offers fitness classes through an employer’s benefits program, announced today new strategic funding led by SoftBank’s Vision Fund Lain America Fund, and support by previous backers such as General Atlantic, Atomico and Valor Capital Group. Bloomberg and others are pegging the investment at $300 million, lending the startup a $1 billion-plus valuation when taking its...
By Dave Muoio June 11, 2019
Medically Home Group, a services company that supplies remote care technology for at-home acute care, has added a $10 million strategic investment from Cardinal Health and other unnamed backers of its ongoing Series B funding round. WHAT THEY DO The company pitches its “Virtual Hospital” service as an alternative to lengthy and expensive hospital stays. It deploys monitoring and communication...
By Laura Lovett June 11, 2019
This morning Neurotrack, a Redwood City, California-based startup focused on cognitive health, announced that it scored $21 million in Series C funding round. Khosla Ventures led the round with participation from Dai-ichi Life, SOMPO holdings, Sozo Ventures, Rethink Impact, AME Cloud Partners and Marc Benioff.  This news comes a little over a year after the startup closed its Series B funding,...
By Dave Muoio June 6, 2019
Digital health’s consistent funding expansion hit a roadblock in the beginning of 2019, with Rock Health, Startup Health and others pegging the year’s first quarter investment below that of 2018. But that’s not to say that confidence in the sector is also down. A BIO 2019 panel of digital health investors hosted by tech-focused law firm Cooley LLP said that interest among their peers and...