Investors

By Dave Muoio November 5, 2018
Fitbit’s push into the smartwatch and health space appears to have been a wise one, as the company announced during its earnings call that revenue has matched and in some cases surpassed expectations in the third quarter of 2018. The wearable maker reported 3.5 million devices sold and $394 million in revenue during the quarter, sales that the company noted came not only from fitness trackers but...
By Jonah Comstock November 1, 2018
AdhereTech, a seven-year-old digital health startup focused on smart pill bottles and medication adherence, has raised a round of growth equity funding, its first since 2014. The company didn’t disclose the amount of the investment, which came from New York-based Argentum. The company has deals with six top 30 pharma companies and all the major specialty pharmas, CEO Josh Stein told...
By Dave Muoio October 31, 2018
Smartphone blood lab startup 1Drop Diagnostics (not to be confused with other very similarly-named startup 1Drop or One Drop) has raised $4.25 million in a Series A financing round, the company announced today. The funding was led by investor Christian Wildmoser, with additional backing and support by Swiss Startup Group investor Dr. Hans-Peter Strebel, Beat Schillig of IFJ Institute for Young...
By Dave Muoio October 31, 2018
Accessing lab results on iPhones. LabCorp announced this week that it will be integrating with Apple's Health Record app, allowing patients to more easily access and manage lab test results produced by the company. These results will be viewable alongside health data provided by other healthcare services who have integrated with the app, so long as the user has a LabCorp Patient account. “Our...
By Dave Muoio October 31, 2018
Carrot, the Redwood City, California-based maker of a smoking cessation app and its paired, FDA-cleared breathalyzer device, announced this week that it has raised $25 million in new funding. The investment was led by Johnson & Johnson Innovation (JJDC), with participation from New York Life Ventures, Khosla Ventures, Marc Benioff, R7 Partners and Dr. David Utley, Carrot’s founder, president...
By Dave Muoio October 31, 2018
98point6 — a Seattle-based startup that offers an on-demand, texting-based primary care service for consumers and plans — announced this morning that it has closed $50 million in Series C funding, bringing the company’s total backing to $86.1 million. The round was led by the Merchant Banking Division of Goldman Sachs, with additional support from the company’s prior backers. Robbie Cape,...
By Dave Muoio October 30, 2018
Carbon Health, a startup developing a mobile platform for connecting patients to urgent and primary care, has merged with the Northern California-based Direct Urgent Care network. The result is network of seven brick-and-mortar clinics caring for 40,000 active patients, all of which is supported by a connected telehealth app that also support appointment management, payments, EHR access,...
By Laura Lovett October 30, 2018
This morning H1, an artificial intelligence healthcare data insights company, announced that it raised $6 million in funding from its incubator Shore Group. The new money is expected to help the New York-based company speed up its growth and development. H1’s platform combines public clinical and scholarly databases with AI with the goal of helping healthcare professionals with targeted databases...
By Dave Muoio October 30, 2018
Artificial intelligence medical imaging diagnostics startup Visla Labs announced today that it has raised $3 million in seed funding. The round was led by Lux Capital, with participation from others including Dick Costolo and Adam Bain, Twitter’s former CEO and COO, respectively. The startup’s first software offering uses AI to increase the accuracy, speed and cost of radiology diagnoses. Founded...

Photo credit: FundamentalVR

By Laura Lovett October 30, 2018
This morning FundamentalVR, maker of a virtual reality surgical training platform, landed $1.4 million in new funding from investment company Tern Plc. This latest investment brings the company’s total funding to $2.6 million. It also furthers return investor Tern Plc stake in the company, bringing its investments to 34.5 percent of the startup’s holdings.  This announcement comes on the heels of...