Investors

By  Jonah Comstock 10:40 am January 13, 2014
Portland, Oregon-based Cambia Health subsidiary HealthSparq, an online shopping platform for healthcare services, has acquired ClarusHealth Solutions, an online provider search tool, for an undisclosed amount. The acquisition triples HealthSparq's payor clients, bringing the number from 20 to 60 health plans, a total of 60 million consumer users. HealthSparq partners with small, regional health...
By  Aditi Pai 10:11 am January 13, 2014
Wellness app maker Noom has raised $4.1 million, according to an SEC filing, bringing the company's total known funding to $6.7 million. The company hopes to raise an additional $3 million. Noom's former investors include m8 Capital, Qualcomm Ventures, Harbor Pacific Capital, and former Nexon executives, and Kleiner Perkins Caufield & Byers (through its iFund). The company raised $2.6 million...
By  Brian Dolan 04:37 am January 10, 2014
Baltimore, Maryland-based WellDoc, one of the earliest and best known mobile health companies focused on diabetes management, has landed a $20 million round of investment that includes contributions from Merck Global Health Innovation Fund and Windham Venture Partners. The announcement marks WellDoc's first round of institutional money -- the company has long relied on angel investors and debt...
By  Aditi Pai 11:43 am January 6, 2014
Fitness incentivizing app GymPact has rebranded, changing its name to Pact and raised $1.5 million in a round led by Khosla Ventures and PayPal alum Max Levchin. This brings their total funding to $2.5 million. Until now, Pact has offered users money only for exercising more, just so long as these users pay $5 if they don't make their goals. The money that users must pay for missing their goals...
By  Brian Dolan 08:37 am January 6, 2014
Chevy Chase, Maryland-based startup MyOwnMed raised $1.3 million in funding this past December, according to an SEC filing from late last year. The company, founded in mid-2013, is headed up by Founder and CEO Vicki Seyfert-Margolis, a former senior advisor of science innovation and policy to the FDA Commissioner's Office who has also worked in non-profit medical research circles, academia, and...
By  Aditi Pai 09:37 am January 2, 2014
Digital health funding for 186 companies reached $1.97 billion in 2013, a 39 percent growth from 2012, according to a Rock Health report that only looked at companies that raised more than $2 million. The venture funding for digital health will also surpass medical device funding and is already doing better than other traditional healthcare sectors. The report notes that crowdfunding also took...
By  Jonah Comstock 08:34 am January 2, 2014
MC10 raised $20 million from undisclosed investors, according to an SEC filing. The company has previously raised $40 million in first, second, and third round funding, bringing its total funding to $60 million. This latest round is the company's largest single round to date. Previous MC10 investors include Medtronic, Aberdare Ventures, Northbridge Venture partners, Breamar Energy Ventures,...
By  Jonah Comstock 05:00 am December 26, 2013
Healthrageous. It's clear that consolidation is finally starting to happen in mobile health. In the third quarter of 2013, MobiHealthNews reported an unprecedented number of mobile and digital health acquisitions in a single quarter -- five. Depending on where you count Humana's acquisition of Healthrageous (which we reported on October 1st), the fourth quarter either matched or surpassed that...
By  Aditi Pai 05:00 am December 23, 2013
1EQ, maker of a health information organizing tool for patients and providers, raised $1.1 million from Kensington Partners and the Ense Group. The first $200,000 was raised in February to get their minimum viable product out, the company said, and the rest was raised recently to create a scalable product and push this product into hospitals and clinics. The company's platform integrates genomic...
By  Aditi Pai 10:16 am December 20, 2013
Chicago-based Retrofit raised $5 million in a round led by Cambia Health Solutions with additional funding from Draper Fisher Jurveston. This brings the company's total funding to $15.7 million. Cambia Health Solutions invested in Retrofit because of the company's personalized and tech-enabled model, the company said. "Retrofit empowers consumers to make healthy lifestyle choices that are...