Investors

The virtual care company disclosed all-time-high revenue and membership growth during 2020, yet offered 2021 projections below what investors anticipated.
By  Dave Muoio 03:44 pm February 25, 2021
Teladoc Health has capped off what has proven to be a defining year for the virtual care company, if not telehealth at large. In its quarterly earnings call yesterday afternoon, the company announced that it had outpaced its revenue and earnings targets for both Q4 and FY 2020. In addition, CEO Jason Gorevic highlighted investments and acquisitions made throughout the year to develop services...
Health investments
By  Laura Lovett 02:43 pm February 25, 2021
Data-focused health startup Innovaccer has officially landed unicorn status after raising a whopping $105 million in Series D funding. Tiger Global Capital led the round with participation from B Capital Group and Steadview Capital. The round brings the company’s total funding to $225 million with a $1.3 billion valuation. Its Series C funding round was announced a year ago and raised $70 million...
By  Dave Muoio 01:03 pm February 22, 2021
Circulo Health, a Columbus, Ohio-based insurtech startup targeting the Medicaid population, has announced itself with the backing of $50 million from Drive Capital, General Catalyst, Oack HC/FT and SVB Capital. WHAT IT DOES Circulo is still very much in its early days. Its public presence so far is a sparse homepage that connects to a LinkedIn page and an email address for interested job seekers...
By  MobiHealthNews 02:32 pm February 19, 2021
The Biden administration is continuing to lock in leadership at the U.S. Department of Health and Human Services with a handful of new appointments. At the top of the list is the department's new administrator for the Senate's consideration, Chiquita Brooks-LaSure. An Obama-era policy official, she was most recently managing director at Manatt Health where she provided policy analysis and...
Kathryn Taylor Reddy
By  Laura Lovett 01:58 pm February 19, 2021
Kathryn Taylor Reddy, who has recently been named VP of venture firm .406, started her journey into healthcare on a coffee farm in Guatemala. “I had a pretty nontraditional path to getting where I am. I started out in college much more focused on global health and international development. I spent a couple of summers in college working on development projects on a Guatemalan coffee farm. “I...
A stethoscope rests on dollar bills
By  MobiHealthNews 03:33 pm February 18, 2021
Tech-enabled health provider Eden Health landed $60 million in Series C funding. Insight Partners led the round with participation from Amigo Health, Aspect Ventures, Company Ventures, Flare Capital, Flexcap Ventures, Max Ventures and PJC.   This comes only months after the company scored $25 million in Series B funding led by Flare Capital, and bring the company’s total funding to $100 million....
By  Laura Lovett 02:20 pm February 18, 2021
Psychedelic biotech company MindMed is set to acquire research focused digital health company HealthMode for roughly $32.2 million (CAD $41M).   HealthMode works with researchers and institutions to help digitize studies by using an artificial intelligence-enabled platform that can capture patient data and synthesize information. According to its website, the company is able to model disease...
A product shot of the Owlet Smart Sock V3 on an infant
By  Dave Muoio 03:30 pm February 16, 2021
Editor's note: This article has been updated with original quotes from the heads of Owlet Baby Care and Sandbridge Acquisition. Owlet Baby Care, the maker of connected infant-monitoring products targeted at consumers, today announced its plans to merge with Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC) backed by Sandbridge Capital and PIMCO private funds, and to...
By  Laura Lovett 03:08 pm February 15, 2021
Dexcom, a medtech device company best known for its continuous glucose monitoring systems, is launching a new venture fund aimed at investing in adjacent businesses. Called Dexcom Ventures, the new investor will be zeroing in on sensing technology, data analytics, remote patient monitoring and population health. In fact, the new venture is expected to fund companies working in glucose sensing...
By  MobiHealthNews 02:59 pm February 15, 2021
SPAC rumors pan out. Just a few weeks after rumors spread of Sharecare's upcoming merger with a special purpose acquisition company (SPAC), the patient-engagement and benefits-navigation platform made it official with an announcement on Friday. Sharecare will be merging with Falcon Capital Acquisition and listing on NASDAQ. The deal is set to be funded through $345 million in cash in trust from...