Investors

By Dave Muoio 11:44 am July 30, 2019
Infant development platform BabySparks has closed a $2 million in seed funding, the startup announced on Friday. Ocean Azul Partners headed the round, which also included participation from Miami Angels, Kairos, Marstar Investments, Lou Kreisberg and Steve Goodman. WHAT THEY DO BabySparks has built an app-based tool for parents to track and stimulate the development of their young children. After...
By Laura Lovett 04:10 pm July 29, 2019
After much speculation and anticipation, chronic care management startup Livongo officially went public on Thursday. The company closed its first day 36% above its initial pricing of $28 and is currently trading for over $41 per share on NASDAQ. The company's includes more than 12 million shares of common stock. “It’s a signal to the market ... that [the industry] is ready for a consumer-first...
By Dave Muoio 03:58 pm July 25, 2019
IPO fever is hitting a bit of a frenzy amidst a slew of recent listings, and with it has come a renewed focus on the exact boundaries of digital health — or, alternately, of health-tech, connected health, eHealth, or any of the other myriad monikers for the intersections of healthcare, technology and innovation. As observers from various mainstream and niche industries have flocked to discuss ...
By Dave Muoio 01:33 pm July 25, 2019
After months of treading water, mobile ECG maker AliveCor has finally named its new CEO: Priya Abani, who up until this point led the Alexa Voice Service for Amazon. Abani’s three years at Amazon as general manager for devices and enablement saw her spearheading integration efforts to integrate voice assistant with Amazon’s various connected services, as well as leading its product, engineering,...
By Laura Lovett 02:53 pm July 24, 2019
This morning neurology-focused health startup Flow announced that it landed a $1.5 million investment. This latest round was led by Khosla Ventures.  WHAT THEY DO The Swedish startup is focused on treating and supporting users with depression. Flow is a two-part system including a brain stimulation headset and a therapy app. When the user puts on the device, it delivers electrical signals to...
By Dave Muoio 11:16 am July 24, 2019
Tivic Health Systems, maker of a commercial sinus pain relief device, announced yesterday that it has raised $8 million in seed funding. Sand Hill Angels, Astia Angels, Golden Seeds, HBS Angels, Sierra Angels, Lateral Capital, Skylight Investments, an unnamed physician network and individual investors each backed the company through a series of smaller investments, the most recent of which the...
By Dave Muoio 03:42 pm July 23, 2019
Flare Capital Partners has closed a second health tech investment fund totaling $255 million, a $55 million bump over its original target of $200 million due to interest from new strategic and financial investors, the venture capital firm announced today. “The logic for the size of the fund was really important,” Michael Greeley, general partner at Flare Capital Partners, told MobiHealthNews. “We...
By Dave Muoio 01:41 pm July 22, 2019
The at-home exercise tech space has a new member as Pivot, service offering consumers recorded and live workouts that are tracked via sensor, has stepped out of stealth mode to unveil its launch later this year. The announcement coincides with that of a $17 million Series A funding round led by DCM, with additional participation from Bling Capital, Founders Fund, Khosla Ventures, Signal Fire and...
By Laura Lovett 01:20 pm July 22, 2019
  UpLift Health, a digital health company focused on treating depression, has landed $1 million in seed funding. This early funding round was led by Laidir Foundation, a Washington-based research and development organization.  WHAT THEY DO The Atlanta-based startup has created an app that employs cognitive behavioral therapy (CBT) to help users with depression. The platform includes 12 chatbot-...

Photo Credit: NYSE

By Dave Muoio 04:02 pm July 18, 2019
It's been an exceptional Thursday for Chaim Indig, CEO and cofounder of 14-year-old digital health stalwart Phreesia. Since ringing the New York Stock Exchange’s opening bell at 9:30 a.m. sharp, he’s watched his company’s shares fly back and forth in the general range of $24 to $27 per share — about 40% to 50% above the initial $18 asking price.  “All of us were up there [on stage with the bell...