Investors

By  Dave Muoio 11:37 am September 14, 2020
Major telehealth vendor MDLive announced this morning a new $50 million crossover equity investment from Sixth Street Growth. The company said that it has also obtained $25 million in debt financing from other unnamed investors. WHAT IT DOES MDLive provides a telehealth platform staffed by a network of certified clinicians capable of delivering virtual urgent care, dermatology, therapy and...
By  Dave Muoio 04:53 pm September 11, 2020
International pharma Boehringer Ingelheim and prescription digital therapeutics company Click Therapeutics have inked a $500 million-plus deal to jointly develop and commercialize a digital treatment for patients with schizophrenia. The treatment, referred to as CT-155, will be a mobile app built on Click's proprietary tech platform, the companies said. Employing cognitive and neurobehavioral...
By  MobiHealthNews 02:41 pm September 11, 2020
AmWell and GoodRx seem to be ushering in a second wave of digital health IPOs. Why is this happening now? And who's next? With Healthbox President and HIMSS EVP Neil Patel as their guest, the MobiHealth team (host Jonah Comstock, Managing Editor Laura Lovett and Associate Editor Mallory Hackett) dive into these questions and more. Plus, in the second half of the show, they discuss Amazon Halo,...
By  Dr. Liz Kwo 12:00 pm September 11, 2020
About the author: Dr. Liz Kwo is currently the staff VP of clinical data analytics at Anthem, and previously cofounded and served as CEO of telemedicine second opinion company InfiniteMD. She received an MD from Harvard Medical, an MBA from Harvard Business School and an MPH from the Harvard T.H. Chan School of Public Health. COVID-19 has reshaped the way humans interact with technology in...
By  Dave Muoio 02:14 pm September 10, 2020
Artificial intelligence drug discovery company Recursion Pharmaceuticals has announced an oversubscribed Series D funding round totaling $239 million. Headlining the raise is a strategic partnership with Bayer, which came with a $50 million investment from the Leaps by Bayer. Casdin Capital, Catalio Capital Management, Laurion Capital Management, Samsara BioCapital and all of the major...
By  Dave Muoio 02:47 pm September 9, 2020
Bardy Diagnostics, maker of cardiac-monitoring adhesive patches, announced yesterday that Kevin Hykes began serving as the company's president and CEO on August 31. Hykes was formerly the president and CEO of Relievant Medical Systems, Metaventon and Cameron Health. Earlier in his career he spent 16 years at Medtronic. As Bardy Diagnostics' new head, he'll help develop and execute the company's...
By  Laura Lovett 02:01 pm September 9, 2020
This morning, clinical-navigation platform Grand Rounds announced a whopping $175 million investment round led by the Carlyle Group. This brings the company’s total funding pot to over $270 million.  WHAT IT DOES The California-based company was founded in 2011 and started out as a second opinions site, but then pivoted to the health navigation space. Today the company makes deals with employers...
By  Laura Lovett 01:11 pm September 9, 2020
Just two months after closing its Series B funding, Truepill, a digital pharmacy that focuses on APIs, telehealth practitioners and pharmacy fulfillment services, announced a new $75 million Series C funding round.  The funding, which will help kick off the company's at-home lab testing efforts, was led by Oak HC/FT with participation from Optum Ventures, TI Platform Management, Sound Ventures...
By  Dave Muoio 12:28 pm September 9, 2020
Cyrus Massoumi, the cofounder and former CEO and chairman of doctor search and appointment-booking platform Zocdoc, has filed a lawsuit alleging that his fellow cofounders and the company's CFO conspired to remove him from the company through "an elaborate series of lies and deceptions." The suit, filed yesterday in New York's Supreme Court, describes a series of events leading up to a Zocdoc...
By  Dave Muoio 10:48 am September 9, 2020
Oncomfort, a Belgian company using therapeutic virtual reality to relieve pain and anxiety, has raised €10 million ($11.8 million) in Series A funding. Debiopharm and Crédit Mutuel Innovation led the round, which also saw support from existing shareholders and Belgium's Walloon Region Regional Investment Company. WHAT IT DOES Oncomfort was founded in 2017, and launched its SedaKit for Digital...