Investors

By Dave Muoio 02:47 pm September 2, 2020
NeuroPace, the maker of an implanted neurostimulation therapy device for uncontrolled epileptic seizures, announced a $33 million equity raise on Monday. Accelmed Partners led the investment, which was joined by new backers such as Revelation Partners, Soleus Capital and an unnamed strategic investor. Prior backers KCK Group and OrbiMed Advisors also contributed. Alongside the equity, NeuroPace...
By Laura Lovett 01:36 pm September 2, 2020
PicnicHealth, a startup that helps patients access and share their medical records, raked in $25 million in new Series B funding round led by Felicis Ventures.  This comes roughly two years after the California company raised $10 million in its Series A round.  As part of the new deal Sundeep Peechu, managing director at Felicis Ventures will take a seat on PicnicHealth’s board of directors. ...
By Dave Muoio 11:15 am September 1, 2020
Hazel Health, a pediatric telehealth provider known for delivering care through school systems, has announced a $33.5 million Series C raise headed by Owl Ventures and Bain Capital Ventures. Uprising, Centene and UC San Francisco also invested in the round. WHAT IT DOES Through partnerships with school districts, Hazel Health operates virtual care clinics inside the school nurse's office. Its...
By Laura Lovett 01:46 pm August 28, 2020
Women’s health startups are starting to garner a lot of attention. However, a new report out of PitchBook found that the industry is still struggling to catch the attention of VCs, and has produced few exits. “Only six femtech exits were completed in 2019; however, this still represents a 64% increase in exit value compared to 2018. The largest exits in recent years include Progyny’s (NASDAQ:...
By Laura Lovett 02:51 pm August 26, 2020
This morning Consumer Medical, a clinic-decision-support and second-opinions company, announced that it purchased virtual-specialist medical-opinion company InfiniteMD.  Boston-based InfiniteMD was founded in 2015 and was designed to help patients get more information about their condition via virtual visits. When a patient uses the service, they can ask for doctors to evaluate their diagnosis,...
By Dave Muoio 11:35 am August 26, 2020
Real-world evidence (RWE) technology startup Aetion has extended last year's $63 million Series B with a new $19 million raise. The funds come as strategic investments from Johnson & Johnson Innovation, JJDC, EDBI and Greenspring Associates, all three of which are new supporters of the company. WHAT IT DOES Founded in 2013, the company's platform provides insights from RWE to decision-makers...
By Dave Muoio 04:16 pm August 25, 2020
Less than half a year after closing a $75 million raise, digital behavioral health benefits platform Lyra Health has wrapped up another $110 million in Series D funding, the company announced today. The new round was led by Addition, and brought on Adams Street Partners alongside a slew of returning backers: Casdin Capital, Glynn Capital, Greylock, IVP, Meritech Capital Partners, Providence...
By Dave Muoio 02:28 pm August 25, 2020
Sonde Health, a PureTech Health spinout focused on vocal biomarkers for various health conditions, has acquired voice-based survey-platform-maker NeuroLex Laboratories, the companies announced this morning. The terms of the deal were not disclosed, although the companies noted that NeuroLex CEO Jim Schwoebel will be stepping into Sonde's executive team as its new VP of data and research. Sonde's...
By Laura Lovett 02:00 pm August 25, 2020
Telehealth giant Amwell has officially filed to go public, fueled with a $100 million funding boost from Google’s cloud division.  The funding also comes with a partnership agreement, which designates Amwell as Google Cloud's preferred telehealth provider, and vice versa for Google’s cloud platform. The pair will also collaborate on technology, specifically bringing together AmWell’s telehealth...
By Mallory Hackett 12:22 pm August 25, 2020
PatientPop, the California-based company that helps doctors grow their practice, announced today that it raised $50 million in a Series C funding round. HLM Venture Partners led the round with participation from new investors Commonfund and Vivo Capital, as well as existing investors Toba Capital, Transformation Capital, and Silicon Valley Bank. Along with the funding announcement, PatientPop...