Investors

By Dave Muoio 11:03 am July 23, 2020
Sidecar Health, an insurance startup focused on price transparency and direct payments for care, has raised $20 million in a new round of funding announced this morning. Cathay Innovation headed the raise, with new investors Comcast Ventures, Kauffman Fellows and 23andMe CEO Anne Wojcicki joining in. Prior backers GreatPoint Ventures and Morpheus Ventures participated as well. With this morning's...
By Laura Lovett 03:09 pm July 22, 2020
Russian insurtech startup BestDoctor has scored $4.5 million in investment dollars. The funding, which was first spotted by Tech Crunch, was led by AddVenture and Target Global, with participation from the LVL1 fund.  East-West Digital News previously reported on the company’s $3 million Series A round in May of 2019.  WHAT IT DOES The company caters to employers providing health plans to their...
By Laura Lovett 02:02 pm July 21, 2020
Yesterday morning, healthcare transportation company Roundtrip announced that it scored an extra $4 million in capital. The round was led by Motley Fool Ventures, with participation from Zoll Medical Corporation, UH Ventures and Gray Ferry Capital.  This is an add-on to the $5.1 million round they announced in May of 2019.  WHAT THEY DO  The company focuses on providing patients rides to medical...
By Dave Muoio 12:10 pm July 21, 2020
This morning Sprout, a tech-enabled autism care and treatment program, launched its service on the back of $10 million in seed funding from institutional investors General Catalyst, Bling Capital and Felicis Ventures. WHAT THEY DO Sprout's approach combines prompt in-home assessments and applied behavior analysis (ABA) therapy from a live therapist with a tech platform that delivers ongoing...
By Dave Muoio 03:15 pm July 20, 2020
NowRx, an online pharmacy that specializes in same-day, same-hour prescription deliveries – wrapped up a $20 million Series B funding round, again through crowdfunding platform SeedInvest. The company said this brings its total raise to $30 million. NowRx combines proprietary pharmacy management software with last-mile logistics to provide a consumer app that simplifies orders and ensures prompt...
By Andrey Ostrovsky, MD 11:04 am July 20, 2020
About the author: Dr. Andrey Ostrovsky is the former chief medical officer of the U.S. Medicaid program. He is now the managing partner at Social Innovation Ventures where he invests in and advises companies and nonprofits dedicated to eliminating disparities. (See his relevant portfolio investments here.) He is also a practicing pediatrician. The COVID-19-induced state of Public Health Emergency...
By MobiHealthNews 01:27 pm July 17, 2020
    Agility and innovation were always the name of the game for health tech startups, but the past few months of COVID-19 have shifted the demands of providers, payers and consumers in a way few could have predicted. Many entrepreneurial teams are fighting the clock to review or revamp their products or commercialization strategies – but what are their options, and what should they be keeping in...
By Laura Lovett 02:13 pm July 16, 2020
Cityblock, a startup focused on used tech to tackling health disparities, has raised $53.5 million in what it describes as Series B+ funding. Kinnevik AB led the round with participation from AIMS Imprint of Goldman Sachs Asset Management and Alphabet, as well as existing investors.  This comes roughly a year after a $63 million Series B funding in April of 2019, and close to two years after the...
By Dave Muoio 03:19 pm July 15, 2020
Three health tech startups and spinouts announced today a merger to become a single entity focused on delivering virtual-care products and population health insights for seniors. Curavi Health, CarePointe and U.S. Health Systems (USHS) are set to become wholly owned subsidiaries of the new company, Arkos Health, and the executive teams of each will be merged. UPMC's existing stake in Curavi (...
By Dave Muoio 12:10 pm July 15, 2020
Brisbane, California-based Caption Health, maker of artificial intelligence-assisted ultrasound guidance software, has tied up a $53 million Series B funding round. Prior backer DCVC headed the raise. Atlantic Bridge and Edwards Lifesciences joined the round as new investors, while Khosla Ventures added onto its previous stake. WHAT It DOES The company's Caption AI software platform consists of...