Investors

By Dave Muoio 01:21 pm November 26, 2019
Outcome Health the entity may be nearing the end of its legal woes, but some of the individuals wrapped up in the company’s ad scandal aren’t quite out of the woods yet. A recently unsealed criminal indictment filed in the Northern District of Illinois outlines charges against former CEO and cofounder Rishi Shah, former president and cofounder Shradha Agarwal, former CFO Brad Purdy and former EVP...
By Dave Muoio 03:30 pm November 25, 2019
Nines, a tele-radiology and artificial intelligence startup, unveiled its software platform alongside news of a $16.5 million Series A raise. The funding was led by Accel and 8VC, with individual participants also taking part. WHAT THEY DO The two-year-old startup’s efforts are broken into two camps. On the one hand is a tele-radiology service that’s staffed by live specialists, and according to...
By Dave Muoio 11:53 am November 25, 2019
DarioHealth is the latest to bring its mobile-friendly glucose management system to store shelves, with the company announcing today that it will be bringing its so-called “Membership-in-a-Box” to physical retail chains like Best Buy. The offering, already available through Best Buy’s online storefront, consists of the company’s connected blood glucose meter, 25 test strips, 10 lancets, 10 covers...
By Laura Lovett 11:07 am November 25, 2019
On Friday, health navigation platform Rightway Healthcare announced a $20 million Series B funding round led by Thrive Capital.  This news comes less than a year after the New York-based startup scored $8 million in its Series A round to expand its sales team and grow its products in new markets. Since the winter raise, the company has hired 50 new staffers and opened a new office.  As part of...
By Dave Muoio 01:21 pm November 21, 2019
Give InKind, a digital platform for coordinating caregiving and social support, has notched a pre-seed investment round of $1.5 million, it announced yesterday. The startup highlighted a $100,000 investment from Trilogy Equity Partners tied to its participation in Ready Set Raise accelerator, and also listed support from Madrona Venture Group, SeaChange Fund, Keeler Investments, FAM Fund, and...
By Laura Lovett 03:55 pm November 19, 2019
This morning Wellframe, a patient engagement and care management platform, scored $20 million in a Series C funding round. BlueCross BlueShield Venture Partners led the round with participation from Threshold Ventures, F-Prime Capital and Wellframe’s existing clients.  This funding news comes roughly two years after the company closed a $15 million Series B round.  In addition to the funding news...
By Dave Muoio 02:48 pm November 19, 2019
Peerbridge Health has closed $11 million in funding from Northwell Health, Ascent Biomedical Ventures, Olipan Investments and Kinled Holding, company founder Dr. Angelo Acquista and other unnamed backers, the ECG sensor patch maker announced recently. WHAT THEY DO The startup’s primary offering is Peerbridge Cor, a multi-channel wireless ECG patch that is adhered to the chest. Cleared in 2017,...
By Laura Lovett 02:55 pm November 18, 2019
This morning Toronto-based Winterlight Labs, a company that uses speech technology to assess cognitive health, landed $4.23 million (5.6 million CAD) in new funding. The round was led by Hikma Ventures with participation from First Star Ventures, Pacific Health Ventures, Grey Sky Venture Partners and others.  WHAT THEY DO  Winterlight Labs makes a tablet-based technology that employs speech-based...
By Laura Lovett 11:49 am November 18, 2019
This morning Biofourmis, maker of an artificial intelligence-enabled monitoring and decision support platform, announced its plans to acquire Zürich, Switzerland-based wearable biosensor company Biovotion. The terms of the deal are not disclosed; however, we do know the deal is made up of a combination of cash and equity.  The acquisition will include Biovotion’s clinical grade-wearable...
By Dave Muoio 03:25 pm November 17, 2019
A half dozen digital health startups went head to head this weekend in a pitch contest hosted by the American Heart Association. The competition’s cohort ranged from well-known heavy hitters like Welldoc to Korean hospital spinout Vuno, but in the end it was Pittsburgh-based Forest Devices that claimed top honors from both the contest’s eight judges and its audience. “Our solution is AlphaSTROKE...