Investors

A deal being signed
By Dave Muoio 12:16 pm November 10, 2020
Yesterday Centene Corporation, a managed care enterprise, announced its plans to acquire unstructured patient data analytics company Apixio. The artificial intelligence company will operate independently underneath Centene's Health Care Enterprises group, according to the announcement. The deal is expected to close before the end of the year. The companies did not disclose any other terms of the...
Person in white jacket giving presentation to others
By Laura Lovett 02:56 pm November 9, 2020
New research out of Rock Health found that Black startups are reporting greater barriers to accessing capital and connecting with investors than their white, Asian and Hispanic counterparts. The new report, called the Diversity in Digital Health report, zeroed in on how health tech funding is getting distributed across races and backgrounds.  For example, the survey found that 10% of white male...
A product shot of the Eko Duo device and connected tablet app
By Dave Muoio 12:16 pm November 9, 2020
This morning, digital cardiopulmonary health startup Eko pulled back the curtain on $65 million in new funding. The Series C raise was headed by Capital Partners and Questa Capital, and also saw participation from Artis Ventures, DigiTx Partners, NTTVC, 3M Ventures and other investors. WHAT IT DOES Based in Oakland, California, Eko is known for combining ECG-enabled digital stethoscope devices...
A family consulting with their doctor virtually
By Ian Chiang and Poorwa Godbole 11:03 am November 6, 2020
About the Authors: Ian Chiang is a principal at Flare Capital Partners, a healthcare technology and services-focused VC firm. Prior to joining Flare, he was the SVP of product and innovation and a founding member of Cigna’s CareAllies. Previously, he was a digital health entrepreneur and a former management consultant at McKinsey & Company. Poorwa Godbole is an MBA candidate at the Wharton...
Fitbit watches
By Laura Lovett 03:20 pm November 5, 2020
Fitbit is coming out of its third quarter beating its expected revenue by $64.9 million. This comes ahead of its much-anticipated merger with Google. Fitbit did not hold an earnings call due to the pending merger but did release figures on the quarter.  In the release, Fitbit CEO James Park attributed some of the success to the release of the Fitbit Sense, the company’s first smartwatch to...
An image of the Foundations app
By Dave Muoio 03:20 pm November 5, 2020
Koa Health, a digital mental health company spun out of global telecoms company Telefonica, and previously known as Alpha Health, has raised $16.5 million (€14.1) in Series A funding, led by Ancora Finance Group and Wellington Partners. The raise coincides with Koa's launch as an independent company, with Telefonica remaining as a shareholder, customer and partner. WHAT IT DOES Koa Health offers...
A Cohero product with information on an app screen
By Laura Lovett 12:16 pm November 5, 2020
Drug delivery and packaging company AptarPharma has snapped up digital respiratory health company Cohero Health’s operating assets and the proprietary portfolio for an undisclosed sum. The venture-backed respiratory-focused startup was founded in 2013 and has raised over $15 million from big names, including fellow tech companies Samsung and Omron. Since its inception, the company has focused on...
Also: Digital therapeutics company Palo Alto Health Sciences reports $9.1 million; Adherium gains new support from investment firm Viburnum.
By Dave Muoio 12:29 pm November 3, 2020
Human API, maker of a consumer-facing health data sharing platform, announced last week the close of "over $20 million" in Series C funding. The raise saw backers Samsung Ventures, CNO Financial Group, Allianz Life Ventures and Moneta VC joining returning investors BlueRun Ventures, SCOR Life and Health Ventures, and Guardian Life Insurance Company. The company's tools connect to a range of data...
MyFitnessPal apps
By Dave Muoio 03:16 pm November 2, 2020
Under Armour announced late last week that it is selling off MyFitnessPal to investment firm Francisco Partners for $345 million –  a fair bit lower than the $475 million it paid for the connected fitness app and platform back in 2015. The deal is set to officially close in the fourth quarter, and its value is inclusive of potential earn-out payments. The selloff comes roughly three years after...
Julie Murchinson
By Laura Lovett 02:42 pm November 2, 2020
When it comes to healthcare innovation, relationships can make or break a company, according to Julie Murchinson, who was just named partner at digital health focused private equity firm Transformation Capital.   “One of the biggest challenges digital health companies face is really having the right set of relationships for selling into end customers and being able to work productively with those...