Investors

Paperwork is handed off between two people
By Dave Muoio 03:17 pm October 29, 2020
This morning Israeli "Digital X-ray" company Nanox announced a new deal with medical data and image management firm Ambra Health. The agreement will see Ambra's cloud software integrated with the digital component of Nanox's in-development imaging systems, and according to the companies will streamline image management while making it easier to access for providers and patients. "It is our intent...
stethoscope on top of money
By Laura Lovett 03:10 pm October 29, 2020
Digital pharmacy Hims & Hers has reported 91% year-over-year growth during the third quarter of this year.  This comes just weeks after the company announced a merger agreement with Oaktree Capital Management-sponsored special purpose acquisition company (SPAC) Oaktree Acquisition. The public can expect the reverse merger to close at the end of the fourth quarter of 2020.  Hims made a name...
A video call through a tablet
By Dave Muoio 02:00 pm October 29, 2020
Teladoc Health has been on the up-and-up throughout the course of the COVID-19 pandemic, and yesterday's earnings report suggests that the company is having little trouble booking new business. In Q3 2020, the virtual care company outperformed its revenue and total visit projections, and fell about in line with its prediction of total U.S. paid membership and visit-fee-only access. However, the...
The Whoop device on a wrist
By Laura Lovett 03:14 pm October 28, 2020
Boston-based digital fitness company WHOOP is now bosting a $1.2 billion valuation, following its $100 million in Series E funding. IVP led the round with participation from SoftBank Vision Fund 2, Accomplice, Two Sigma Ventures, Collaborative Fund, Thursday Ventures, Nextview Ventures, Promus Ventures, Cavu Ventures, D20 capital, and LionTree Partners, as well as additional private investors. ...
An aide helps a senior operate a tablet device
By Dave Muoio 12:44 pm October 28, 2020
San Francisco-based home-care technology company Honor has wrapped up a $140 million Series D funding round. Announced yesterday, the raise was headed by Baillie Gifford, as well as funds and accounts advised by T. Rowe Price Associates. Also joining was new backer Rock Springs, and prior investors Prosus Ventures, Andreessen Horowitz, Thrive Capital, and 8VC. This now brings the company's...
Executives sign a contract.
By Dave Muoio 03:15 pm October 27, 2020
Life science technology and clinical trial data company Medidata announced today that it has acquired sensor maker MC10's digital biomarker business. The terms of the deal were not disclosed. WHAT'S THE IMPACT Medidata (a subsidiary of Dassault Systèmes) said the purchase will allow it to add biometric data and new analytics capabilities to its Patient Cloud platform, particularly to the benefit...
A stethoscope rests on dollar bills
By Dave Muoio 11:38 am October 26, 2020
Nice Healthcare, a Minneapolis-based video and in-home primary care provider, has raised $5 million in seed funding, MedCity News reports. The funding was headed by Waterline Ventures, and also saw participation from Conductive Ventures and Indie.vc. WHAT IT DOES Offered through employers, Nice Healthcare's business uses a patient mobile app to schedule primary care virtual visits. These can be...
money rolled up
By Dave Muoio 02:49 pm October 23, 2020
Health collaboration platform Cohere Health announced this week that it's doubled up a $10 million funding from the summer by raising an additional $10 million from its existing investors, a list that includes Flare Capital Partners and Define Ventures. WHAT IT DOES Cohere Health's platform brings providers and health plans onto the same page in an effort to build low-cost, evidence-based care...
Hands transfer a piece of paper
By Dave Muoio 12:17 pm October 23, 2020
Employer mental health benefits provider Lyra Health has inked a strategic partnership with stress and wellness app Calm, the companies announced Tuesday. With the deal, Lyra's customers may choose to offer Calm's app and digital programs to their employees. Existing Lyra members with mild mental health issues such as stress will have the Calm app recommended. It will be available for direct...
A number of one-dollar bills on a surface
By Dave Muoio 02:18 pm October 22, 2020
Verifiable, a healthcare identity startup that recently launched out of Y Combinator, has raised $3 million in seed funding, TechCrunch reports. The money came from institutional investors Tiger Global, Liquid2 Ventures, Struck Capital and Soma Capital, as well as individual backers Jack Altman, Max Mullen and Sahil Lavingia. WHAT IT DOES Verifiable has built an API to help organizations confirm...