Investors

By Dave Muoio 02:49 pm September 9, 2019
Health Recovery Solutions (HRS), a provider of remote patient monitoring platform for health systems, has closed $10 million in new funding. The raise was led by Edison Partners. WHAT THEY DO Founded in 2012, HRS offers a broad range of telehealth services that provide systems with real-time monitoring, virtual visits, messaging, patient engagement and education, image transfer and other remote...
By Dave Muoio 12:03 pm September 9, 2019
Aural Analytics, a startup using speech analytics algorithms to gauge changes in brain health, has raised $4.3 million in seed funding. The round was co-led by Morningside Ventures and Tamarisc Ventures, with additional support from Six Street Partners Group managing director Jamie Gates, Marc Abramowitz, Arizona Tech Investors and Desert Angels. The company also noted the recent receipt of a...
By Dave Muoio 03:05 pm September 5, 2019
OptimizeRx, a software company that enables digital health messaging between pharmas and providers, has announced plans to acquire RMDY Health, a SaaS platform designed for digital therapeutics, within the next 30 days. According to the notice, RMDY shareholders will be receiving $8 million in cash and another $8 million in equity upon the deal’s closure. OptimizeRx said that additional details...
By Dave Muoio 01:08 pm September 5, 2019
RocketBody, an app for the Apple Watch that uses ECG data and machine learning to guide workouts, has raised $1 million in new funding from Gagarin Capital and AltaIR Capital. WHAT THEY DO RocketBody is the product of Kickstarter and IndieGoGo campaigns that raised roughly $70,000 for its pitch of a $109 ECG wearable back in 2018. The readings from this device would inform an artificial...
By Dave Muoio 08:51 am September 5, 2019
BrightInsight, maker of a platform that securely manages and analyzes data from various medical devices and software, has raised $25 million in Series A funding. The round was co-led by New Leaf Venture Partners and Eclipse Ventures. WHAT THEY DO BrightInsight — part of electronics manufacturing services firm Flex —sees itself acting as the infrastructure of a digital health ecosystem. Its...
By Laura Lovett 10:40 am September 4, 2019
Behavioral health startup Ginger (formerly Ginger.io) scored $35 million in Series C funding, bringing the San Francisco-based startup's total funding to $63 million. The new infusion of cash was led by WP Global Partners with participation from City Light Capital, Nimble Ventures, LinkedIn CEO Jeff Weiner, Khosla Ventures, Kaiser Permanente Ventures and Kapor Capital.  WHAT THEY DO  Ginger...
By Laura Lovett 01:44 pm August 28, 2019
Yesterday private equity firms Water Street Health Partners and JLL Partners announced that they had acquired virtual clinical research company Thread for an undisclosed amount. The new owners say they plan on investing in Thread in order to further expand its customer base and offer the platform on a global scale.  Thread’s platform is aimed at improving clinical trial research data and making...
By Laura Lovett 03:54 pm August 27, 2019
PeerWell, maker of an app that helps patients prepare for and recover from surgery, has raised $6.5 million in Series A funding. OMERS Ventures led the round, which also included previous backer Xseed Capital. WHAT THEY DO The company works with various payers and stakeholders to help members with musculoskeletal conditions through their surgery process. Before the surgery patients can log in to...
By Dave Muoio 02:23 pm August 27, 2019
Luma Health, maker of a platform that looks to reduce care inefficiencies through streamlined patient-provider communication, has announced a $16 million Series B raise, bringing the company’s equity funding total to $25.7 million. The round was headed by PeakSpan Capital, with additional strategic investments from Cisco Investments and the Texas Medical Center. US Venture Partners, which led the...
By Laura Lovett 01:38 pm August 27, 2019
This morning FIGUR8, a new digital platform designed to measure and track body movements as a biomarker, launched with a boost of $7.5 million seed funding. The funding was led by P5 Health Ventures with participation from E14 Fund.  Co-created by researchers at MIT Media Lab and Massachusetts General Hospital Sports Science Lab, the technology was developed with the goal of creating a baseline...