Investors

By Dave Muoio 09:58 am August 18, 2020
Cecelia Health, a virtual diabetes and chronic disease management startup, has raised $13 million in Series B funding. Rittenhouse Ventures and Endo Investors co-led the round, which also saw participation from Boston Millennia Partners, SustainVC, G100 Capital and others. WHAT IT DOES The company was initially founded as Fit4D, and focused on access to certified diabetes educators (CDE) for...
By MobiHealthNews 02:02 pm August 17, 2020
Each year, Inc. publishes its list of 5,000 fastest growing private companies – and each year, MobiHealthNews combs through the collection to pull out as many health tech companies as we can find.  Although much of the draw of the Inc. 5,000 has been the chance to get an inside peek at the yearly revenue data of private companies, this year the publication has changed its format so that only...
By Mallory Hackett 11:08 am August 17, 2020
Digital health company Thirty Madison recently announced the closing of a $47 million Series B funding round. It was led by Polaris Partners, but also had participation from new investor Johnson & Johnson Innovation and existing investors Maveron and Northzone. With the closing of this round, Thirty Madison has now raised $70 million. The company also announced the appointment of Amy Schulman...
By MobiHealthNews 02:17 pm August 14, 2020
Kistein Monkhouse, CEO and cofounder of Patient Orator, and Dr. Tamir Wolf, CEO and cofounder of Theator, join host Jonah Comstock and MobiHealthNews Managing Editor Laura Lovett to discuss disparate health outcomes for racial minority groups, how their startups are looking to address these inequities, and what else those in the healthcare industry can do to help.     More about this episode:...
By Dave Muoio 02:58 pm August 13, 2020
Driving digital diagnosis. Roche and Israeli life sciences investment firm aMoon announced plans this week to launch an early-stage investment program called StarFinder Lab. Focused on novel diagnostic technologies, in particular, with the help of AI data analysis and digital health tools, the program will provide funding, mentoring and other strategic support such as a physical office space...

 (Photo by Kimberly White/Getty Images for TechCrunch)

By Laura Lovett 02:06 pm August 13, 2020
Last week the digital health world was taken by storm when news broke that virtual health giant Teladoc was set to acquire chronic care management platform Livongo in a whopping $18.5 billion deal.  Livongo has had quite a year in a half. Last July, it went public with a listing price of $28 a share. At the time of the acquisition, each share was valued at roughly $159. Its news has also included...

Credit: CB Insights

By Dave Muoio 01:33 pm August 13, 2020
Industry research and big data analyst firm CB Insights has published its annual list of what it considers to be "the most promising" private digital health startups. The 150-strong cohort hails from 18 different countries, and chosen from a pool of nearly 8,000 contenders. Their inclusion was judged by CB Insights based on a range of factors, such as market potential, investor profile, patent...
By Dave Muoio 12:59 pm August 12, 2020
Eden Health has closed $25 million in a Series B funding round led by Flare Capital Partners. Stone Point Capital principals also joined as new investors, while prior backers Greycroft, PJC, Max Ventures and Aspect Ventures took part as well. Eden Health is a direct-to-employer healthcare provider that specializes in virtual primary care, insurance navigation and workplace pop-up clinics. The New...
By Laura Lovett 03:06 pm August 11, 2020
This morning artificial intelligence-based drug discovery platform Atomwise scored a whopping $123 million in Series B funding led by B Capital Group and Sanabil Investments. DCVC, BV, Tencent, Y Combinator, Dolby Family Venture and AME Cloud Ventures also participated in the funding round.  WHAT IT DOES The company uses artificial intelligence, specifically “convolution neural networks,” in...
By Dave Muoio 02:37 pm August 11, 2020
Nurx, a startup known for online purchase and delivery of home health tests, birth control and other sensitive treatments for women, has tacked on another $22.5 million in Series C funding. Closed in May, the raise included new backers Trustbridge, Comcast Ventures and Wittington Ventures, as well as prior backers Union Square Ventures and Kleiner Perkins Digital Growth Fund. This brings the...