Investors

By  Dave Muoio 03:22 pm February 9, 2021
Theator, a Palo Alto company building an AI and computer vision platform for surgeons, has brought in a $15.5 million Series A round. Insight Partners led the raise, which also included new backer Blumberg Capital, prior investors NFX, StageOne Ventures, KdT Ventures, iAngels and a slew of individual investors. Theator's platform focuses on streamlining pre-operative preparations and post-...
Person signs document
By  Dave Muoio 11:59 am February 9, 2021
Nuance Communications, the Boston-based maker of various conversational artificial intelligence tools for healthcare, announced yesterday that it has acquired Saykara, a Seattle startup that specializes in mobile AI clinical documentation. The terms of the deal were not disclosed. Saykara's lead product is an AI assistant named Kara. During an in-person or virtual visit, doctors can use Kara to...
By  Dave Muoio 02:47 pm February 8, 2021
Late Friday, New York City-based health insurance company Oscar Health unveiled plans to kick off an initial public offering. The tech-enabled company will list on the New York Stock Exchange under the symbol OSCR. Oscar temporarily listed the size of the offering as $100 million, although that value could change as the company hammers out the quantity of shares and price range it will be...
Lobby with seated person and the sign "Clover Health welcomes you" on the wall
By  Dave Muoio 03:00 pm February 4, 2021
Short seller calls out Clover Health. Hindenburg Research, a short seller that describes itself as a specialist in forensic financial research, published a report criticizing Clover Health's business and alleging that the Medicare Advantage insurtech company has not disclosed active investigations by the Department of Justice. Hindenburg – which said that it does not have positions for or against...
Also: Kaiser Permanente doubles down on the cloud with Accenture and Microsoft; Boehringer Ingelheim arms its reps with BreezoMeter's air quality data.
By  Dave Muoio 02:59 pm February 3, 2021
Highmark, a Blue Cross Blue Shield-affiliated health insurer, will expand access to Freespira's digital therapeutic for PTSD, panic disorder, panic attacks and other panic symptoms. In addition to bringing the treatment to members living in Pennsylvania, Delaware and West Virginia, the agreement will also provide remote coaching on how to use Freespira to those not already receiving support from...
Stacks of gold coins
By  Laura Lovett 02:48 pm February 3, 2021
Medical research and clinical collaboration platform Flywheel announced the close of its $15 million in Series B funding round. Venture firms Beringea and 8VC led the round with participation from Novartis dRx Capital, Hewlett Packard Enterprise, Great North Labs, iSelect and Argonautic Ventures. WHAT IT DOES The company is focused on the research industry, including the life sciences space,...
By  Dave Muoio 02:02 pm February 3, 2021
Cardiac health-monitoring smart toilet seat maker Casana (formerly Heart Health Intelligence) has raised $14 million in a Series A funding round led by General Catalyst and the Outsiders Fund. Also participating was Bemis Manufacturing Company, a toilet seat manufacturer that led the startup's $2.2 million round last April. In addition to the fundraise, Casana announced that Austin McChord, the...
A Bot MD app screen on a smartphone
By  Laura Lovett 11:38 am February 3, 2021
Singaporean startup Bot MD landed $5 million for its artificial intelligence-enabled clinical assistant. Monk’s Hill Ventures led the round with participation from SeaX, XA Network, SGInnovate and individual investors. This builds on the company’s $700,000 investment from Y Combinator and angel investors in 2018. WHAT IT DOES The technology was designed to work as a chatbot to help answer doctor’...
By  Laura Lovett 03:01 pm February 2, 2021
This morning LGBTQIA+ focused digital health provider Folx Health scored $25 million in new financing. Bessemer Venture Partners led the round with participation from Define Ventures and Polaris. Founded by former Optum VC, A.G. Breitenstein, this comes just months after the company announced its $4.4 million seed funding. Folx is kicking off its offerings with a Hormone Replacement Therapy plan...
A wellness app smartphone screen example
By  Laura Lovett 01:30 pm February 2, 2021
This morning hybrid healthcare provider Premise Health announced its purchase of digital corporate-wellness tool Sonic Boom Wellness for an undisclosed sum. As part of the deal, Premise Health will have access to Sonic Booms’ virtual engagement platform, which can track users’ activity, health habits and challenge-setting features. Sonic Boom specializes in creating custom wellness programs and...