Investors

By Dave Muoio April 23, 2019
Forefront Telecare, a virtual care company specifically focused on behavioral health, has closed out a Series A funding round announced earlier this year with the addition of two new investors: Tech Council Ventures and Boston Millennia Partners. They join the round’s prior investors Spring Lake Equity Partners and the Ziegler Link●Age Fund. Forefront has sized the funding round at a total of $15...
By Dave Muoio April 22, 2019
Chicago-based ExplORer Surgical, developer of a software platform for surgical teams and device makers, has raised $5 million in a follow-on round to its 2017 Series A. Aphelion Capital led the investment, with additional participation from prior backers as well as new, unnamed investors. WHAT THEY DO ExplORer Surgical’s provider-facing platform looks to help surgical teams better coordinate...
By Laura Lovett April 22, 2019
Earlier this morning Kindbody, a fertility-focused startup providing both virtual and in-person care, announced that it has raised $15 million in Series A funding. RRE Ventures and Perceptive Advisors led the round with participation from Green D Ventures, Trail Mix Ventures and Winklevoss Capital.  WHAT THEY DO Kindbody offers women fertility testing, egg freezing, IVF and wellness care. In...
By Dave Muoio April 18, 2019
Door closes on drug discovery. IBM is tapering off sales of its Watson for Drug Discovery product in favor of other healthcare offerings using the AI technology, STAT reported this morning. The decision was made in response to weak demand and purchases from customers. "We are focusing our resources within Watson Health to double down on the adjacent field of clinical development where we see an...
By Dave Muoio April 18, 2019
Editor's note: This story has been updated to specify that the telehealth app downloads ranked in the report do not necessarily reflect the entirety of those companies' businesses. Consumers worldwide are downloading and spending money in medical apps more than ever, suggests a market behavior analysis released this week by mobile data and analytics company App Annie. Global downloads of these...

Photo illustration by Jonah Comstock

By Jonah Comstock April 18, 2019
Israel and Finland — two countries that have notably made digital health a focus of their economies — announced this week that they will work together to advance the field, starting with a Call for Proposals for joint projects between Finnish and Israeli companies. The pilot project is being led by Helsinki Business Hub and the Israeli Innovation Authority, which will offer funding and services...
By Laura Lovett April 18, 2019
This week Swedish startup NuvoAir, best known for making respiratory monitors, scored $3 million in new funding. The latest round was led by Inustrifonden, with participation from Investment AB Spiltan.  WHAT THEY DO The company made a name for itself with a smartphone spirometer able to conduct lung function assessments in a home environment.  Last year the company launched the Air Next system,...
By Dave Muoio April 18, 2019
Yesterday PathAI, a Boston-based maker of artificial intelligence tools for pathology, closed a $60 million Series B funding round led by General Atlantic. Other existing investors, most notably General Catalyst, also participated in the round. To monitor its investment, General Atlantic Managing Director Dr. Michelle Dipp will also be joining the AI company’s board of directors. WHAT THEY DO...
By Dave Muoio April 17, 2019
Bardy Diagnostics, maker of an adhesive ambulatory cardiac patch for remote monitoring, has raised $35.5 million in a Series B funding round led by River Cities Capital Funds. The round also featured participation from newcomers HealthQuest Capital, Aperture Venture Partners, Aphelion Capital, Lumira Ventures and Rex Health Ventures, as well as returning backers SV Health Investors, Health...
By Jonah Comstock April 16, 2019
Digital physical therapy company Sword Health has raised $8 million in a Series A funding round led by Khosla Ventures, with additional participation from unnamed angel investors. The round brings Sword Health's total funding to more than $15 million, according to the company, including a $4.6 million seed round in April of last year. Founded in Portugal, the company now has offices in New York...