Investors

By Laura Lovett 03:26 pm May 22, 2020
This morning digital mental health platform Mindstrong scored a whopping $100 million in Series C funding.  While Mindstrong has a history of solid funding rounds, this amount will more than double its total funding. In 2017 it got its first $14 million cash infusion. That was followed by a $15 million Series B funding round in June of 2018, which got a $31 million add-on in January of 2019,...
By Laura Lovett 04:29 pm May 21, 2020
On Wednesday Big Sky Health, best known for its fasting app Zero, scored $8 million in Series A funding. The latest round was led by Greycroft., and brings the company’s total funding pot to $4.2 million.  Coinciding with the funding news is the announcement that Big Sky Health will also be offering Zero Plus, a premium service of its fasting app.  WHAT THEY DO The company’s main product is...
By Laura Lovett 03:17 pm May 21, 2020
One Medical, the tech enabled health startup that made headlines when it went public in January, is reporting a 25% year-over-year revenue growth. However, it still came up short of meeting earnings per share expectations. The company, officially named 1Life Healthcare, uses a hybrid model, its members have access to 24-7 virtual health-services as well as the ability to visit brick-and-mortar...
By Laura Lovett 03:59 pm May 20, 2020
This morning telehealth giant Amwell raised a whopping $194 million in a Series C funding. Allianz X and Takeda were among the participants this round.  Amwell has a history of large funding rounds. In 2018 it raked it a cool $365.4 million in Series B funding, and in 2014 it raised $81 million.   This latest funding news comes as telehealth gets its era in the spotlight, as providers and...

Lauri Sippola, CEO of Kaiku, gives a demonstration in his Helsinki office. 

By Laura Lovett 11:33 am May 20, 2020
Swedish oncology-focused Elekta has announced its purchase of Kaiku Health, a Helsinki-based startup focused on patient monitoring and patient-reported outcome services. As part of this deal Kaiku Health’s app, which allows patients to track symptoms over time and can alert doctors or researchers with updates, will be integrated into Elekta’s Mosaiq Oncology Information System. “Including...
By Dave Muoio 11:31 am May 20, 2020
Tava Health, a Salt Lake City-based mental-telehealth provider, has closed $3 million in seed funding. Peterson Ventures led the round. WHAT THEY DO Founded and launched just last year, Tava works with employer customers to connect their employees with remote therapy and a personalized treatment plan. Video sessions conducted through the platform are self-scheduled by the patient, and...
By Dave Muoio 03:57 pm May 19, 2020
Digital chronic-disease-program company Omada Health is leaping into musculoskeletal care thanks to its acquisition of Physera, an app-based platform that includes remote consultations with physical therapists. Although the deal was announced today, Omada said it will "immediately" begin offering the MSK program to its employer, health plan and individual customers. “Integrating a digital...
By Laura Lovett 01:31 pm May 15, 2020
Earlier this week digital substance-abuse-recovery platform Ophelia landed $2.7 million in seed funding, according to Forbes reports. The latest round was led by General Catalyst, Refactor Capital and Y Combinator.  WHAT THEY DO  Ophelia focuses on helping folks with an opioid use disorder quit. Patients first are required to go to an in-person visit with a physician in order to get a...
By Laura Lovett 04:10 pm May 13, 2020
Digital mental health company Meru Health announced that it scored $8.1 million in Series A funding. Foundry Group, Slack, Bold Capital, and Y Combinator led the funding round. This comes about a year after the company landed $4.2 million in seed funding.  Yesterday Meru Health also announced the results of its study, which was done with Harvard Medical School and Rutgers University researchers,...
By Laura Lovett 02:56 pm May 13, 2020
This morning, direct-to-consumer genomics startup The DNA Company announced its purchase of digital therapeutic My Pain Sensei for roughly $30 million. The technology from the two companies will be combined to form a new platform called My Next Health, which will use genomic information to help users get insights into preventing and managing chronic conditions.  The DNA Company notes that the...