Investors

Clinicians looking at screens
By  Laura Lovett 06:40 pm May 26, 2021
While the U.S. is often hailed as the capital of innovation, digital health hubs are sprouting up all over the world. To the north, Canadian health tech companies are beginning to emerge.  In 2020, Toronto saw 19 digital health deals, coming to a total of $282 million, according to a Startup Health report. This made the city the fifth largest non-U.S. digital health funding hub in the world.  But...
Child
By  Laura Lovett 10:44 am May 26, 2021
This morning WebMD, an online health information tool, announced its plans to acquire ADDitude, a platform focused on attention deficit hyperactivity disorder (ADHD) resources and information for an undisclosed sum. The site offers resources regarding symptoms and tests, treatments, educational plans and coping with the condition as an adult. Users are also able to tap into webinars, blogs, and...
Piggy bank
By  Laura Lovett 02:30 pm May 25, 2021
Health management and weight loss app Noom landed a whopping $540 million in Series F funding. Silver Lake led the round with participation from Oak HC/FT, Temasek, Novo Holdings, Sequoia Capital, RRE and Samsung Ventures. Noom's last funding round raked in $58 million in 2019 in order to help grow the business. WHAT IT DOES Historically, Noom has been focused on helping users lose weight and...
A telehealth visit via smartphone
By  Laura Lovett 02:58 pm May 24, 2021
Healthcare workforce and staffing company AMN Healthcare Services bought virtual care provider Synzi Holdings for $42.5 million in cash, the former's Q1 earnings call revealed. The acquisition was completed in early April, according to MedCityNews, which broke the news. As part of the deal, AMN Healthcare will be acquiring Synzi's remote patient monitoring and virtual care tools, which cater to...
By  Thiru Gunasegaran 11:25 pm May 20, 2021
Japan-headquartered Atonarp has raised $50 million from a Series D funding round led by Silicon Valley-based investor WRVI Capital and supported by Furukawa Electric, Japan Post Investment, Boscolo Intervest, ATI Korea, and Banner Industries. This brings a total of $111 million in investments for the company. WHAT IT DOES Founded in 2010, Atonarp produces digital molecular diagnostic solutions...
People in a board room
By  Laura Lovett 12:33 pm May 20, 2021
As the health tech industry grows, more and more innovators are looking to create in the space. However, the road from ideation to full-fledged digital health company can be windy and complex. Rebecca MacKinnon, founder and CEO of 5D Strategies, has worked in the health tech startup world for decades, first as an entrepreneur and now as a consultant helping young startups find their feet. "I come...
Ro and Modern Fertility Founders
By  Laura Lovett 11:22 am May 19, 2021
Ro, a direct-to-consumer virtual care company, is strengthening its foothold in women's health with the acquisition of reproductive health company Modern Fertility for an undisclosed sum. As part of the deal, Modern Fertility's offerings will be offered via Ro's primary care platform. Like Ro, Modern Fertility built up a direct-to-consumer virtual health business. However, Modern Fertility offers...
Person in hallway
By  Laura Lovett 12:06 pm May 18, 2021
Chronic care management company DarioHealth scooped up digital mental health company wayForward for $30 million. While DarioHealth got its start in diabetes management, it has quickly been expanding its chronic care coverage to include mental health, hypertension and other conditions. As part of the acquisition, DarioHealth will be purchasing the creator of wayForward, PsyInnovations. The...
Piggy bank
By  Laura Lovett 11:50 am May 12, 2021
This morning, British digital company Unmind scored $47 million in Series B funding for its workplace mental health platform. EQT led the round, with participation from Sapphire Ventures, Project A, Felix Capital and True. In 2019 the company began making the funding rounds with a €3.4 million raise from private investors. In 2020, the company closed its $10 million Series A round led by Project...
Group looking at data
By  Laura Lovett 02:32 pm May 11, 2021
Aetion, a tech startup focused on real-world evidence in healthcare, landed $110 million in Series C funding. Warburg Pincus led the round, with participation from B Capital and Foresite Capital. This comes less than a year after the company closed its $19 million Series B extension round. Today the company boasts of raising a total of $212 million. WHAT IT DOES   The company works with biopharma...