Investors

By Dave Muoio 02:47 pm January 30, 2020
Alto, a digital pharmacy and drug delivery company, will announce next week the close of a $250 million Series D funding round headed by SoftBank’s Vision Fund 2, Reuters and others reported this morning. Greenoaks Capital, Jackson Square Ventures and other prior backers also participated in the round. This round would bring Alto’s total raise to more than $350 million, and its valuation to more...
By Dave Muoio 04:21 pm January 28, 2020
San Francisco-based EHR developer Practice Fusion has agreed to pay $145 million alongside an admission that it “solicited and received kickbacks from a major opioid company” in exchange for clinical decision support (CDS) alerts promoting unnecessary prescription opioids, according to a release from the US Department of Justice. In a settlement announced yesterday (and hinted at in an earnings...
By MobiHealthNews 02:27 pm January 28, 2020
Unfortunately for us, MobiHealthNews doesn’t have a crystal ball (it would be darn useful for getting scoops). But we do have more than a decade’s worth of experience tracking the emergence of this space and we spend a lot of our time talking to smart people with industry experience and opinions of their own.  As we enter into a new decade in 2020, your MobiHealthNews staff has put our heads...
By Dave Muoio 11:37 am January 28, 2020
Wheel, an Austin, Texas-based vendor of telehealth services and staffing formerly known as Enzyme Health, has launched today alongside the news of a $13.9 million in Series A raise. CRV led the round, which also included Tusk Venture Partners and Silverton Partners. WHAT THEY DO Founded in 2018, Wheel’s strategy is comprised of two major avenues: telehealth staffing opportunities for...
By Dave Muoio 12:04 pm January 23, 2020
Nanox, the maker of a so-called “digital X-ray device” and an accompanying software platform, has raised $26 million in a new round of funding, bringing its total to roughly $55 million. The company highlighted the participation of its newest strategic investor Foxconn, as well as the support of previous backers such as Fujifilm and SK Telecom. WHAT THEY DO The Israeli company is developing a two...
By Laura Lovett 12:00 pm January 23, 2020
Employer health tech company Virgin Pulse has its eyes set on the diabetes space with the recent acquisition of digital therapeutic Blue Mesa Health, best known for its diabetes prevention program Transform. The financial details of the deal were not released.  Following the announcement, Blue Mesa Health’s technology will now be rolled into a new offering called Virgin Pulse Transform. The...
By Dave Muoio 03:28 pm January 22, 2020
DoctorLogic, a digital marketing software platform designed for healthcare providers, has closed a $7 million round of Series A funding. The raise was headlined by Unbundled Capital. WHAT THEY DO Founded in 2015, the Texan startup’s platform includes a range of tools designed to increase website traffic, business awareness and patient acquisition for healthcare customers. Its repertoire includes...
By Dave Muoio 11:13 am January 22, 2020
Editor's note: This story has been updated with information from Verily's announcement of the clearance.  Verily, the life sciences research subsidiary of Alphabet, has received FDA 510(k) clearance for an augmented version of its prescription Study Watch wearable that includes some form of arrhythmia monitoring. The Study Watch With Irregular Pulse Monitor is classified by the FDA as a “...
By Laura Lovett 02:47 pm January 21, 2020
This morning HelpAround, a digital platform that helps patients navigate health service options, announced that it scored $6 million in funding. IQVIA led the round with participation from Windham Ventures and other existing investors.  The company has noted that the announcement marks the initial closing of this founding round, and that the final close is expected to take place later in Q1 of...
By Dave Muoio 02:43 pm January 21, 2020
Gentem, a San Francisco tech startup looking to streamline reimbursement for smaller practices, has raised $3.7 million in seed funding. Susa Ventures headed the raise, which also saw support from Village Global, Vulcan Capital, Hustle Fund, 500 Fintech, Social Starts, Great Oaks VC and other unnamed backers. WHAT THEY DO In an effort to reduce the stress of payments for those working in small-...