Investors

By Laura Lovett April 2, 2019
Yesterday NextGen Jane, a femtech company focused on reproductive health, announced that it scored $9 million in Series A funding. The round was led by Material Impact, with participation from Access Industries, Viking Global Investors, Liminal Ventures and unnamed angel investors.  WHAT THEY DO  The Oakland, California-based startup uses tampons in order to tell women about their reproductive...
By Dave Muoio April 2, 2019
Boston-based addiction recovery platform DynamiCare Health has collected $4.1 million in seed funding from Hyperplane Venture Capital, former US Representative Patrick J. Kennedy and other unnamed investors. What they do Founded in 2016, DynamiCare Health has built a platform supports users’ substance use disorder recovery with a number of smartphone-based features. These include random breath...

Photo credit/ Elvie 

By Laura Lovett April 2, 2019
This morning London-based femtech company Elvie announced that it raised $42 million in Series B funding. The latest round was led by IPGL with participation from Octopus Ventures and Impact Ventures UK.  WHAT THEY DO The women-led startup has developed two main products in the feminine care space; a pelvic floor trainer and a breast pump.   The first, called Elvie Trainer, was launched in 2014...
By Dave Muoio April 2, 2019
Blueprint, a startup building software for mental health data collection and clinician review, has raised $1.3 million in a funding round led by Lightbank and Hyde Park Angels. What they do Blueprint’s app-based platform distributes standardized clinical assessments to patients and automatically logging behavioral factors such as sleep or exercise with the smartphone’s sensors. Data from both of...

Photo credit: Biolinq

By Laura Lovett March 28, 2019
This morning Biolinq, a digital health company specializing in minimally invasive continuous glucose monitoring, raised $4.75 million in extended Series A financing. This new capital was led by JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners.  This latest funding announcement will build on the $10 million the company raised in November of 2017, bringing the total Series A capital to...
By Laura Lovett March 27, 2019
Yesterday OncoLens, maker of a cancer care management platform, revealed that it snagged $1.35 million in seed funding. The round was led by BIP Capital and Atlanta Technology Angels (ATA).  The company also announced that Bill Midgette, board member of ATA, and Sarath Degala, VP at BIP Capital, will be joining OncoLens’ board.  WHAT THEY DO The Atlanta-based company focuses on giving cancer care...
By Dave Muoio March 27, 2019
Xealth, a startup that helps doctors to prescribe digital health apps, announced this morning that it has closed an $11 million in Series A funding round. Backers new to the startup include McKesson Ventures, Novartis, Philips and ResMed, with prior investors Threshold Ventures, Providence Ventures, UPMC and Medical College of Wisconsin Health Network affiliate Froedtert returning as well. WHAT...
By Dave Muoio March 26, 2019
A recent report is projecting that the global telemedicine market will expand from its current $38.3 billion valuation to $130.5 billion by 2025. According to the study by Global Market Insights, this 19.2 percent compound annual growth rate (CAGR) will be largely fueled by worldwide telecommunication network developments, market opportunities in rural areas or those without easy access to...
By Dave Muoio March 25, 2019
Nashville, Tennessee-based Change Healthcare, a health IT company currently owned by a joint venture of McKesson, Blackstone and Hellman & Friedman, has filed to raise $100 million in an upcoming IPO. The company has hired Barclays, Goldman Sachs and JP Morgan as its underwriters, and plans to list its shares on the Nasdaq stock exchange. In the filing, Change Healthcare wrote that it will...
By Dave Muoio March 21, 2019
Unite Us, a care coordination software maker that looks to connect social services with healthcare, has raised $35 million in a Series B round led by Oak HC/FT, according to a press release. With this, the company has raised a total of $45.3 million in funding. Newcomers Town Hall Ventures and Define Ventures also joined the round, as did returning backers Scout Ventures, Luminate and New York...