Investors

Photo Credit/ Ro, press kit 

By Laura Lovett April 16, 2019
Ro — the company which made its mark with a men’s health platform focused on erectile dysfunction called Roman — has landed an additional $85 million in Series B financing, according to a source at TechCrunch.  When MobiHealthNews reached out, the company declined to comment on this funding.  WHAT THEY DO Ro made a name for itself in the digital health world with its online platform that...
By Dave Muoio April 16, 2019
Austin, Texas-based EverlyWell — maker of a digital platform that lets consumers to order lab tests online, provide samples and receive results — has raised $50 million in a funding round announced this morning. Goodwater Capital led the round, with additional participation from Highland Capital Partners, Next Coast Ventures, NextGen Venture Partners and other unnamed investors. WHAT THEY DO...

Cityblock CEO Iyah Romm at CHC in October/Photo Credit:Christopher Huang 

By Laura Lovett April 12, 2019
This morning Cityblock, a startup focused on addressing socio-economic health disparities through tech, announced that it landed $65 million in Series B funding. The round was led by Redpoint Ventures with participation from 8VC, Echo Health Ventures, StartUp Health, Sidewalk Labs, Thrive Capital, Maverick Ventures, Town Hall Ventures and EmbelmHealth.  WHAT THEY DO  Cityblock, a spinout of...
By Dave Muoio April 10, 2019
VR cardiac care training. Healthcare training and education firm Health Scholars has launched a VR training simulation to help clinicians practice their advanced cardiac life support (ACLS) skills. The app was built to follow the American Heart Association’s guidelines and programs and incorporates a voice recognition component. “Our mission is to improve patient safety, and by virtualizing ACLS...
By Jonah Comstock April 9, 2019
A recent report from Morgan Stanley estimates that Apple’s market opportunity in healthcare could be as high as $313 billion in 2027 — or as low as $15 billion. The 50-page report, aimed at investors, makes the case for the various ways in which Apple could become an even more serious player in the healthcare sector, in light of trends like value-based care and the consumerization of healthcare...
By Jonah Comstock April 8, 2019
Connected fitness company Tonal has raised $45 million in Series C funding, bringing the company’s total funding to $90 million. The Growth Fund of L Catterton led the round. Additional investors included Evolution Media, Shasta Ventures, Mayfield, and Sapphire Ventures, as well as tennis star Serena Williams’ new venture fund Serena Ventures. WHAT THEY DO Tonal offers a special connected...
By Dave Muoio April 8, 2019
Deep Lens, a digital pathology startup particularly focused on cancer trials, has brought in a $13.65 million Series A round, according to an SEC filing. The fundraise was headed by Northpond Ventures with additional support from prior investors Rev1 Ventures, Sierra Ventures and Tamarind-Hill Partners, according to a release. The Series A comes quickly after a seed funding round that raised just...
By Jonah Comstock April 5, 2019
The first quarter of 2019 started off strong with 17 digital health mergers and acquisitions, including five over the course of two days at the end of February. The quarter's acquisitions included moves by ClassPass and Teladoc to bolster emerging international businesses with the acquisitions of GuavaPass and Médecin Direct, respectively, as well as a number of consolidation deals in niche...
By MobiHealthNews April 5, 2019
Kicking off the year MobiHealthNews recorded $1.4 billion in Q1 funding spread out over 49 companies. This number exceeded the amount of last year’s Q1 funding, which came in at $1.2 billion.   Earlier this week Rock Health released its funding report for the quarter racking $986 million of investments across 61 deals in the US. Meanwhile Startup Health reported $2.8 billion in funding last...

PatientsLikeMe founder Jamie Heywood and iCorbonX founder Jun Wang pose together.

By Dave Muoio April 4, 2019
A Chinese firm holding the majority stake of PatientsLikeMe, an online network for information, support and study recruitment for chronic conditions, is facing pressure from a US federal committee to sell its shares of the company due to concerns of foreign investment and influence, according to a CNBC report citing anonymous insiders. iCarbonX, a health data and genomics company founded by...