Investors

By Mallory Hackett 12:59 pm June 24, 2020
DispatchHealth, an in-home care provider, closed its $135.8 million Series C funding round yesterday. Optum Ventures led the financing with participation from Alta Partners, Questa Capital, Echo Health Ventures, Oak HC/FT and Humana. WHAT THEY DO DispatchHealth is like a mobile urgent care. Patients and their providers can request services by calling in by phone – or via the mobile app or website...
By Laura Lovett 12:02 pm June 24, 2020
This morning a new digital-weight-management startup out of New York City called Calibrate launched with a $5.1 million boost in seed funding led by Forerunner Ventures.  Calibrate is a one-year telemedicine program focused on weight loss that combines both prescription medications and health coaching. The end goal of the program is to help customers “reset their metabolic health.” Users are...
By Laura Lovett 02:55 pm June 23, 2020
Yesterday morning Cedar, maker of an intelligent patient billing platform, announced a whopping $102 million Series C funding round led by Andreessen Horowitz.  The company has a record of major funding rounds – starting with a $13 million Series A round back in 2017, shortly followed by a Series B round worth $36 million in 2018.  WHAT THEY DO  The company focuses on helping to guide patients...
By Dave Muoio 01:49 pm June 23, 2020
BrightInsight, which offers a platform that secures, manages and analyzes medical device and software data, has announced $40 million in Series B funding. Insight Partners headlined the raise, which also featured Series A investors New Leaf Venture Partners and Eclipse Ventures. WHAT THEY DO BrightInsight – a part of electronics manufacturing services firm Flex – sees itself acting as the...
By Dave Muoio 03:29 pm June 22, 2020
Mental health and wellness app use has been on the rise during the past few months of COVID-19, but new quarantines and disease concerns may not be fueling the spike in new users or other metrics. According to a recent data report from Apptopia, increases among the 15 most popular of these apps have been in lockstep with the gradual trend of rising engagement that the mobile app market-...
By Dave Muoio 01:56 pm June 22, 2020
Binah.ai has raised $13.5 million in Series B funding for its smartphone camera- and artificial intelligence-based vital signs-monitoring technology. Maverick Ventures Israel headlined the round, while prior backers Esplanade Ventures, Sompo International, GiTV and iAngels also participated. The Tel Aviv, Israel-based company said that it's looking to boost its sales and marketing efforts with...
By Dave Muoio 02:34 pm June 18, 2020
Community care service-coordination platform Unite Us announced this week that it has acquired Staple Health, a social determinants of health analytics company. The terms of the deal were not disclosed. Founded in 2017, Staple Health's specialty is predictive analytics regarding the role social factors can play in various health outcomes. Unite Us was interested in adding these strengths to its...
By Dave Muoio 11:04 am June 18, 2020
Big Health, maker of digital health apps targeting poor sleep, worry and anxiety, has announced a $39 million Series B raise. Gilde Health and Morningside Ventures headlined the funding. Samsung NEXT also participated in the raise, as did prior backers Kaiser Permanente Ventures and Octopus Ventures. WHAT THEY DO Big Health's two major digital health products Sleepio and Daylight are digital...
By Laura Lovett 03:12 pm June 17, 2020
On Monday Ultromics, maker of an AI-supported cardiac-decision-support tool, scored $10 million in funding. Oxford Sciences Innovation led the round with participation from Mayo Clinic.  This comes just two years after the startup scored £10m in a Series A round also led by Oxford Sciences Innovation. WHAT THEY DO  Founded in 2017, this Oxford University spinout is currently focused on creating...
By Mallory Hackett 01:42 pm June 17, 2020
Augmedics, a developer of augmented reality surgical image guidance tools, raised $15 million in Series B funding, led by its U.S. staff. In this nearly unheard of money-raising strategy, the company’s employees formed AUG Management LLC, a limited liability company, and raised $4 million. The remainder of the funds came from existing shareholders AO Invest and Terralab Ventures, and undisclosed...