Investors

By Dave Muoio 02:44 pm August 4, 2020
GoodRx, an online pharmacy platform for low-cost prescriptions and price comparisons, has submitted the SEC forms necessary for an IPO, Reuters reports. The timing of the startup's listing is still in the air, however, with 2020 and early 2021 both on the table depending on developments in the market, according to the anonymous source. GoodRx is still in the process of hiring advisors for the...
By Dave Muoio 11:52 am August 4, 2020
It's been about nine months since Google officially announced plans to acquire Fitbit. The deal was expected to close in Q2 2020, but antitrust concerns from U.S. and E.U. regulators have so far stalled the purchase. That delay will likely run a fair bit longer with the European Commission announcement that its preliminary probe of the purchase will now expand into a full-scale investigation...
By Dave Muoio 02:56 pm August 3, 2020
Austin, Texas-based virtual and on-demand care provider Remedy announced Dr. Ronald Dixon as its chief medical officer. Dixon, formerly the head of clinical affairs at Onduo and the president and CEO of Onduo Professionals (its provider staffing group), is expected to draw on his experience to help Remedy build out its virtual chronic care treatment services. “Dr. Dixon’s experience in developing...
By Laura Lovett 12:28 pm August 3, 2020
A new digital health company focused on the European market, named HealthHero, officially launched this morning. This news comes just as it closed a deal to acquire German medical consultation platform Fernarzt.com.  HealthHero is London-based startup designed to allow users to tap into medical services 24/7 through video calls, online chats or phone calls. Patients can use the service to access...
By Dave Muoio 12:19 pm August 3, 2020
Israeli "digital X-ray" startup Nanox filed a Form F-1 with the SEC on Friday that outlines plans to raise $125 million in an IPO. The company has applied to list its shares on the Nasdaq exchange as "NNOX," and according to a representative has entered its quiet period prior to the IPO. Nanox, which has raised $110 million from investors since November 2019, is building a two-part offering...
By Jonah Comstock 03:20 pm July 31, 2020
SOC Telemed, formerly Specialists on Call, will join the Nasdaq stock exchange by merging with Healthcare Merger Corporation, a special purpose acquisition company. Sometimes referred to as a "blank check" acquisition, merging with a special purpose acquisition company is an alternate way for a company to go public. The combined company will operate under the name SOC Telemed and will be listed...
By Dave Muoio 02:06 pm July 31, 2020
Lemonaid Health, a San Francisco-based telehealth platform and provider, announced today $33 million in Series B funding. The new round was led by Olive Tree Ventures, and included Artis Ventures, Correlation Ventures, Hikma Ventures, Sierra Ventures and other unnamed backers. This latest round brings the company's fundraising total to $55 million. Lemonaid said it will be using the new funds to...
By Laura Lovett 03:05 pm July 30, 2020
This week digital home fitness system Tempo announced a $60 million Series B funding round. Northwest Venture Partners and General Catalyst led the round with participation from DCM, Bling Capital, SignalFire, Founders Fund and Y Combinator.  As part of the deal, Northwest Capital’s Edward Yip and General Catalyst’s Holly Maloney were added to the board of directors.  This news comes just months...
By Dave Muoio 02:49 pm July 30, 2020
D2C wellness and telehealth startup Hims & Hers is looking to cut down the time between medication orders and delivery for certain customers. Thanks to a newly announced partnership, patients receiving virtual primary care services through Hims & Hers may choose to select Alto as their preferred pharmacy for prescription deliveries. They will have their orders fulfilled automatically ...
By Laura Lovett 01:43 pm July 30, 2020
Eargo, maker of direct-to-consumer tech enabled hearing devices, scored a whopping $71 million in Series funding. Gilde Healthcare and Longitude Capital led the round with participation from New Enterprise Associates, the Charles and Helen Schwab Foundation and Nan Fung Life Sciences. As part of the news, the company announced that Gilde Healthcare’s Geoff Pardo and Longitude Capital’s Juliet...