Investors

By Dave Muoio April 25, 2019
GoCheck, maker of a smartphone app that screens young children for amblyopia or “lazy eye,” has raised $6 million in a Series B investment round headed by FCA Venture Partners. Other new backers Mucker Capital and Sovereign’s Capital will join the company’s prior investors, which include Interwest Partners and Marc Benioff. WHAT THEY DO GoCheck (formerly Gobiquity Mobile Health, and iCheck Health...
By Laura Lovett April 25, 2019
This morning, Finland and Palo Alto-based Meru Health, maker of a mental health platform, landed $4.2 million in seed funding. The new money comes from Freestyle Capital, Bonit Capital, Y Combinator, Lifeline Ventures and IT-Farm.  Meru offers a digital tool that is supported by licensed therapists. The program lasts 12 weeks, and each week has a different theme that builds on the previous one....
By Dave Muoio April 24, 2019
Onera Health, an at-home sleep diagnostics startup spun out of research center imec, has raised $9.3 million in Series A funding. The round led by Jazz Pharmaceuticals and imec.xpand, with additional participation from imec, BOM and other unnamed investors. WHAT THEY DO Onera’s in-development diagnostic platform is centered on disposable monitor patches. The product is pitched as an alternative...
By Jonah Comstock April 24, 2019
Aaron Patzer, the Mint.com founder who sold his company to Intuit for $170 million, is venturing into the healthcare space with Vital, a new company that launched out of stealth today with $5.2 million in funding and four hospital clients set to be announced in the coming weeks. This is actually Patzer’s second healthcare company, in a way — he sold Fountain, a company focused on delivering...
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...