Investors

By  Dave Muoio 03:07 pm September 28, 2020
Rx.Health, a Mount Sinai spinoff working on an app prescription platform for enterprises, has named Richard Strobridge as its new CEO. He's perhaps best known within digital health as the cofounder and CEO of connected blood glucose monitoring-device company Entra Health, which was sold to CRF Health in 2016. After a few years there as VP of healthcare, Strobridge founded and helmed Nextbridge...
By  Laura Lovett 02:39 pm September 28, 2020
This morning San Francisco-based API startup Noyo announced a $12.5 million Series A funding round for its technology designed to facilitate health insurance data exchanges. Costanoa Ventures and Spark Capital led the round with participation from Homebrew, Fika Ventures, Precursor Ventures, Core Innovation Capital, Garuda Ventures and Webb Investment Network.  The news was paired with two...
By  Dave Muoio 11:47 am September 24, 2020
Papa, a Miami-grown startup using technology to coordinate in-home senior companionship, has notched $18 million in new funding. The Series B round was led by Comcast Ventures, but also included names like Canaan, Initialized Capital, Sound Ventures, Pivotal Ventures with Magnify Ventures, Operator Partners and others. WHAT IT DOES Papa's platform connects college and nursing students with...
By  Laura Lovett 03:09 pm September 23, 2020
When it comes to the world of health, words are important, according to panelists at Rock Health’s annual summit. What language is used by clinicians, caregivers, even digital health companies can boost inclusivity or cause exclusion. That’s particularly true for groups of people who have been historically marginalized, such as the LGBTQ+ community and people of color.  “Particularly in the queer...
By  Dave Muoio 02:54 pm September 21, 2020
Tonal has brought in $110 million from investors, the connected fitness company announced last week. L Catterton, Sapphire Sport, Shasta Ventures, Mayfield, Evolution Media and THVC each renewed their support in the AI-powered exercise-machine service, while new backers included Delta-v Capital, the Amazon Alexa Fund, Mouse Partners and a trio of high-profile athletes – basketball players Stephen...
By  Laura Lovett 03:28 pm September 18, 2020
When Colette Courtion, founder and CEO of Joylux, which makes health tech products aimed at curbing vaginal atrophy, began to advertise, she quickly started getting ad rejections from social media giants. Her product, which was developed to help women with incontinence, vaginal dryness and other conditions related to aging and giving birth, is an intervaginal tool that bears resemblance to a...
By  Dave Muoio 03:35 pm September 17, 2020
The increased adoption of virtual care technologies during the COVID-19 public health emergency is fairly well documented by this point, but a widespread embrace of health technologies is providing a similar upswell on individual niches within the digital health landscape. One such group of beneficiaries are the companies working to develop, validate and distribute digital therapeutics. Speaking...
By  Dave Muoio 03:35 pm September 16, 2020
Israeli "digital X-ray" company Nanox is fielding increased scrutiny and a sizable hit to its share prices following the publication of a scathing report and commentary that referred to the company as "Theranos 2.0." The criticism was posted yesterday by activist short seller Andrew Left's Citron Research, an online stock analysis and commentary blog that has focused on identifying overpriced or...
By  Laura Lovett 02:29 pm September 15, 2020
London-based virtual care provider Medefer landed £10M ($12.8M) in a funding round led by Nickleby Capital.  WHAT IT DOES Medefer is split into three services: a healthcare provider, virtual outpatient pathway and a tech platform for doctors to conduct virtual visits. Currently the platform can deliver healthcare within the UK's NHS system.  The platform allows patients to see a Medefer GP or a...
By  Dave Muoio 11:48 am September 15, 2020
Medigate, a startup focused on cybersecurity for medical devices and other connected health products, has announced $30 million in Series B funding, bringing the company's lifetime raise to $50 million. Partech led the round, which also saw participation from Maor Investments and prior backers YL Ventures, U.S. Venture Partners and Blumberg Capital. WHAT IT DOES Medigate's platform secures ...