Investors

By Dave Muoio 03:42 pm January 13, 2020
This weekend, Teladoc Health announced its $600 million purchase of InTouch Health, a fellow telehealth provider focused on enterprise offerings. The big ticket move is an effort to build a single point of entry for integrated virtual care across conditions, and across provider and consumer markets, the companies wrote in their announcement. ''Today marks a bold leap forward in Teladoc Health's...
By Laura Lovett 02:13 pm January 13, 2020
Dexcom’s G6 Continuous Glucose Monitoring system will soon be integrated with Livongo’s platform, thanks to a new partnership between the two diabetes-focused companies.  G6 users who are also Livongo members will be able to sync their device to the Livongo platform, which will be able to give users insights and health nudges about their behavior based on the CGM reading. The system will also be...
By Laura Lovett 01:46 pm January 13, 2020
Type 2 diabetes management company Virta announced a whopping $93 million Series C financing round late last week. The latest round was led by Caffeinated Capital with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC.  This announcement brings the company’s total funding pot to around $166 million, coming roughly a year-and-a-half after its Series B round,...
By Dave Muoio 01:24 pm January 13, 2020
DrChrono — the maker of a mobile-friendly EHR, billing and practice management platform, has raised $20 million in a newly announced growth capital round headed by ORIX Growth Capital. WHAT THEY DO DrChrono was one of the first companies to offer an EHR that ran on mobile devices like smartphones and tablets natively, and in particular worked closely with Apple and others to ensure that its...
By Laura Lovett 02:29 pm January 9, 2020
Yesterday tech-enabled women’s health startup Advantia Health announced it has scored $45 million in new investments in a round led by BlueMountain Capital Management.  As part of the deal BlueMountain’s Jim Pieri and Ameya Agge are set to join Advantia’s Board of Directors.  WHAT THEY DO  The Arlington, VA-based startup provides women with medical care in a variety of physical locations,...
By Laura Lovett 02:38 pm January 8, 2020
2019 closed out the decade with $7.4 billion in digital health deals and a spike of six health tech IPOs, according to Rock Health’s latest funding report.  Over the last decade the amount of yearly funding in digital health deals has generally been on the rise; however, 2019 saw a slight decrease in funding from 2018 ($8.2 billion). This wasn't surprising to Rock Health, which predicted this...
By Dave Muoio 11:54 am January 8, 2020
Online fitness membership platform ClassPass announced this morning the close of a hefty $285 million Series E investment round that, according to a spokesperson, propels the New York-based company’s valuation past the $1 billion mark. The new raise was led by L Catterton and Apax Digital, while prior backer Temasek also made an appearance. As a result of their participation, L Catterton’s Marc...
By Dave Muoio 04:05 pm January 7, 2020
Editor's note: This story has been updated with additional statements from Pear Therapeutics. Pear Therapeutics pulled back the curtain this morning on a number of new deals between the prescription digital therapeutics maker and other tech companies or researchers. Ranging from virtual reality therapies to voice biomarker tech, the moves appear to be an effort from Pear to add new products to...
By Laura Lovett 03:41 pm January 7, 2020
Oncology management platform OncoLens landed $2.5 million n a Pre-Series A round led by Atlanta Technology Angels and the Robbins Fund yesterday.  This news comes less than a year after the Atlanta-based startup announced a $1.35, which was also led by Atlanta Technology Angles, as well as BIP Capital.  WHAT THEY DO The startup has designed a platform that connects the care teams of patients with...
By Dave Muoio 11:45 am January 7, 2020
Stockholm, Sweden-based telemedicine platform KRY (known as LIVI outside of the Nordics) has announced a €140 million ($155 million) Series C funding round led by Ontario Teachers’ Pension Plan’s Teachers’ Innovation Platform. Existing investors Index Ventures, Creandum and Accel also participated. WHAT THEY DO KRY is Sweden’s first digital medicine platform, being founded in 2014 and launched in...