Teladoc Health continues its strong upward trend during its second fiscal quarter, with CEO Jason Gorevic informing investors yesterday that the company had outperformed "all key financial and operation metrics."
Similar to the first quarter, the telehealth company is touting massive year-over-year (YoY) growth in revenue, visit volume and new registrations, as well as the acquisition of several...
Sema4, a Mount Sinai spinout developing health-data-analytics platforms, has raised $121 million in Series C funding. BlackRock led the oversubscribed round, which also saw participation from new investors Deerfield Management Company and Moore Strategic Ventures, and also old backers Blackstone, Section 32, Oak HC/FT, Decheng and Connecticut Innovations.
With this round, coming less than a year...
Humana has invested $100 million into Heal as part of a new strategic partnership between the two companies.
The Series D investment more than doubles Heal's lifetime fundraise, bringing the house call and telehealth platform's lifetime raise to around $170 million.
WHAT IT DOES
Heal was founded in 2015 as an app that helped users coordinate doctor house calls. Although initially limited to Los...
Israeli "digital X-ray" startup Nanox has secured another $59 million from unnamed "global investors."
The company now pegs its round total at $110 million, after combining today's news with investments announced since November of 2019. Contributors to those incremental raises included Foxconn, Fujifilm and SK Telecom.
WHAT IT DOES
The Israeli company is developing a two-pronged offering...
Sharecare, a digital patient engagement company, announced on Monday that it is purchasing WhiteHatAI, which focuses on using artificial intelligence to address healthcare payments, for an undisclosed amount.
Sharecare is focused on reviewing claims data in order to detect any false claims, waste, abuse or fraud in the system. This comes as Sharecare has boosted its medical records and medical...
Withings, a maker of several consumer and B2B connected health devices once owned by Nokia, has announced the close of a $60 million Series B round. The raise was co-headed by Gilde Healthcare, Idinvest Partners and Bpifrance. BNP Paribas Développement, ODDO BHF Private Equity and Adelie Capital also participated.
The company has also appointed a new global medical advisory board that includes Dr...
This morning Belgian startup Indigo Diabetes announced a €38 million ($44.6 million) Series B funding round. This round included contributions from new investors Fund+, Ackermans&van Haaren, Capricorn Digital Growth Fund, imec.xpand and Titan Baratto.
The latest round comes roughly two years after the Ghent University-spinout announced a €7.1 million ($8.2 million) Series A round led by...
About the Author: Ian Chiang is a principal at Flare Capital Partners, a healthcare technology and services-focused VC firm. Prior to joining Flare, he was the SVP of product and innovation and a founding member of CareAllies, Cigna’s family of multi-payer provider services, population health management, value-based care enablement and home-based care businesses. Ian studied under Clayton...
Megan Zweig and Sean Day, chief operating officer and consultant, respectively, at Rock Health, join host Jonah Comstock for a discussion of digital health funding, M&A, and IPOs in the first six months of 2020.
Per Rock Health's recent report on the subject, U.S. digital health companies pulled in $5.4 billion so far this year, in spite of (or, perhaps, because of) a global pandemic that has...
Consumer wellness and telehealth company Hims could be the next to throw its hat into the public markets.
According to a report from Reuters, the startup is weighing a potential sale to an unnamed special purpose acquisition company (SPAC) – a "blank-check company" that uses the proceeds of an IPO to acquire or merge another business.
The deal would value Hims at over $1 billion, Reuters' sources...
