Investors

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...
By Laura Lovett 04:05 pm October 23, 2019
While 2019 is projected to have fewer digital health deals than 2018 — the first dip in five years — the estimated amount of funding pouring into the space continues to grow year over year, according to a new report by the Silicon Valley Bank.  Last year digital health companies worldwide raised a total of $7.21 billion, according to the report. This year the projected amount is up to $7.88...
By Laura Lovett 04:25 pm October 22, 2019
Yesterday an SEC filing revealed that AliveCore, mobile ECG maker, raised $5.78 million in new funds. The filing, which was first spotted by Exits & Outcomes’ Brian Dolan, lists the company’s total offerings at $9.1 million, leaving roughly $3.4 million left on the table to be sold to potential investors. This investment grows on the $30 million it raised in 2017, which was led by the Mayo...
By Dave Muoio 12:10 pm October 22, 2019
Octave, a startup behavioral health practice that blends in-person therapy with virtual coaching services, has collected $11 million in Series A funding. The raise was led by Greycroft and supported by Obvious Ventures. The announcement also coincides with news of a partnership that establishes Octave as an in-network provider for Anthem Blue Cross of California. In addition, it is opening two...
By Dave Muoio 12:05 pm October 21, 2019
Fitt, a digital platform that highlights local fitness and wellness options for consumers, has closed a round of funding led by Mountain State Capital. Riverfront Ventures and prior backer TNC Ventures also participated, as did wellness business management software company MINDBODY, which is coming on board as a strategic partner. The startup did not specify the value of the raise. WHAT THEY DO...

Photo credit: Rock Health 

By Laura Lovett 11:51 am October 15, 2019
A decade ago digital health was a relatively new term, largely without name recognition. Today, the venture dollars tell a new story, with $8.1 billion poured into the space in 2018 alone, according to a Rock Health report. Still, most healthcare stakeholders agree digital health is still in its early days and is grappling with questions about its place in the health ecosystem.  Founded in 2010,...
By Jonah Comstock 03:22 pm October 14, 2019
Atlanta-based Florence Healthcare, a maker of software for clinical trials, has raised $7.1 million in a Series B funding round led by Fulcrum Equity Partners, with additional participation from Atrium Health and Bee Partners. The round brings the company's total funding to at least $8.8 million, with a $1.7 million seed round from 2016. WHAT THEY DO Not to be confused with the UK social care...