46 digital health companies that raised money in the second quarter of 2016

By Heather Mack
04:45 pm

As we do every quarter, MobiHealthNews has rounded up our Q2 2016 coverage into a handful of longform stories. This section is on funding. In the second quarter of 2016, MobiHealthNews tracked funding for health tech companies that totaled about $500 million, not including an $80 million raise from tech-savvy health insurance company Bright Health, which is given an honorable mention at the end of the list.

(Correction: A previous version of this story had 47 companies in the headline, but 46 is correct: We had Livongo Health listed twice.)
Here are 46 digital health companies that raised money in the second quarter of 2016:
HealthPrize Technologies, a medication-adherence company, raised an undisclosed sum in a second round of funding. Previously, it $7 million from investors including Mansa Capital, dLife founder Howard Steinberg and former Advo CEO Robert “Kam” Kamerschen. More
FareWell raised $8.5 million for digital weight loss coaching service, with funding from individual investors including David Perry, the company's cofounder and chairman. More
Reflexion Health, which offers physical therapy programs that work with Microsoft Kinect, raised $18 million from undisclosed investors. To date, To date the company has been exclusively funded by the West Health Investment Fund, which injected $7.5 million into the company in 2014 and $4.25 million in 2012More
Iggbo, which has created technology-enabled network for facilitating on-demand blood draws, raised $13 million in funding in a round led by Heritage Group, a healthcare focused VC group based in Nashville, Tennessee. The company previously raised $6 million across several seed rounds, so this brings its total funding to $19 million. More

Solera Health added another $4 million in funding from investors to help connect providers, payers and patients with diabetes prevention programs available in their area. The company announced $3 million in funding last November. Return backers BlueCross BlueShield Venture Partners and Sandbox Ventures participated in the new injection of funds as did new investor, social impact fund, SJF Ventures. More

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Talkspace, a mental health-focused telemedicine company, raised $15 million in a funding round led by Norwest Venture Partners. Existing investors Spark Capital, Soft Bank, Metamorphic Ventures, and TheTime, also contributed. This round brings the startup's total funding to $28 million. More
ePatientFinder raised $8.2 million to build out its Clinical Trial Exchange platform. The company, which has an EHR-agnostic cloud-based service that enables doctors to locate new care options for their patients, did not disclose its investors. More

DocPlanner, the online doctor appointment booking startup, raised $20 million in its third round of funding, bringing the total to date at $34 million. Funding was led by new investors Target Global, with participation from ENERN Investments and the European Bank for Reconstruction and Development (EBRD), via its venture capital investment program. More

Jiff, a digital health benefits platform, added another $17.7 million to the $23.5 million it announced last year. Jiff has now raised a total of about $68 million from investors that include Rosemark Capital, GE Ventures, Aeris Capital, and Aberdare Ventures. More
RetraceHealth, a direct-to-consumer home and video doctor visit provider, has raised $6.5 million according to an SEC filing. This follows on a $1 million round from January. Lemhi Ventures, a new investor, led the round. More
Netpulse, a fitness app company that focuses on creating software for gyms and fitness clubs, raised $13 million in a new round of funding led by August Capital. Javelin Venture Partners, Nokia Growth Fund, and DFJ Frontier also participated in the round. The announcement followed a pattern of Netpulse raising similar amounts of funding every two years. The company raised $15.6 million in 2012 and another $18.6 million in 2014, but 2016 saw the first announced funding since its acquisition of Club Apps for an undisclosed sum in 2014. More

Vital Connect, a remote patient monitoring company, raised $10.6 million. The funding, from undisclosed investors, continues a round begun way back in April 2013, and brings the total funding for the round to $18 million out of a planned $20 million. More
Evidation Health raised at least $11.6 million. The SEC filing lists Raj Ganguly as a director of the company, indicating his venture capital firm, B Capital, participated in this recent round. More
Moving Analytics has raised $1.1 million in a round led by Launchpad Digital Health, an accelerator where the startup is currently enrolled, with additional contributions from HealthX Ventures. Moving Analytics makes an app and web portal for post-discharge patient follow-up and rehabilitation. More

Medella Health, the company whose founding team includes a Thiel Fellow and is racing Google and Novartis to develop a glucose-sensing contact lens, raised $1.4 million in funding. Backers include 1517 Fund, Fifty Years Fund, Garage Capital, BDC Capital and others. More

RubiconMD, a physician-specialist consult company, raised $4 million in a round led by Waterline Ventures. Dioko Health Ventures, a North Carolina based fund managed by Nashville-based FCA Venture Partners, and Alma Mundi Fund also contributed to the round. Existing investors from the company's seed round include athenahealth and former Blue Cross and Blue Shield of Florida CEO Bob Lufrano. More
EarlySense, which makes a passive and contactless bedside monitor that continuously measures respiration rate, heart rate, and motion, has raised $25 million in new funding in a round led by Bank Hapoalim, Israel’s largest bank. Pitango Venture Capital, JK&B Capital, and other previous investors also contributed to the round.This brings the company’s total funding to $100 million, including a strategic investment from Samsung. More
Affectiva, an emotions analytics company, raised $14 million in a round led by Fenox Venture Capital. The company intends to use the funding to continue to develop their Emotion AI platform and expand their operations globally. This round brings the company's total funding to about $34 million. More
Wellth, a digital health company focused on improving patient adherence by paying people to make healthier choices, raised $2 million. AXA Strategic Ventures (ASV), the venture arm of the multinational insurance firm AXA, led the round. B-Fore Capital, I2BF Venture Capital, Beta Bridge Ventures and AltaIR Capital also contributed. More

Sensifree, which develops contact-free, electromagnetic sensors for continuously sensing heart rate and other biometrics, raised $5 million in its first round of funding led by TransLink Capital. Other backers included UMC Capital, which is a subsidiary of United Microelectronics, and an undisclosed strategic investor. Sensifree has raised a total of $7 million to date. More
SilverVue, software company that makes a tablet app used by hospital case managers to help patients choose post-acute care, received an undisclosed round of funding led by Pritzker Group Venture Capital and GE Ventures, with participation from Epic Ventures. More
NeuroCog Trials received a $1.4 million grant from the National Institute of Aging, a part of the National Institutes of Health, to develop its iPad-based screening tool for clinical trials on cognitive impairment. More

Smartphone-enabled allergen testing company 6SensorLabs raised $9.2 million in a round led by led by Foundry Group with participation from Upfront Ventures, SoftTech VC, SK Ventures, Lemnos Labs, and Matt Rogers, the founder of Nest. This brings the company’s funding to around $14 million to date. The company also announced it has rebranded — it will now operate under the name Nima. More

mPulse Mobile, the healthcare-focused secure messaging company, received a $725,000 investment from the California Health Care Foundation (CHCF) Health Innovation Fund. This brings the company’s total funding to just over $14 million. More

Noble.MD, which has developed a patient health risk assessment tool, raised $1.45 million from Safeguard Scientifics and BioAdvance to launch two new products. More

Mobile healthcare payment startup Simplee raised $20 million in a round led by Social Capital. American Express contributed as a strategic investor and existing investors 83North and Heritage Group also participated in the round. The round more than doubles the company's funding, bringing it up to $36 million to date. More
Regroup Therapy, a mental and behavioral health video visit company, raised $1.8 million in a round led by Hyde Park Angels with participation from OCA Ventures, Impact Engine, New Stack Ventures, Wasson Enterprise, and MD Angels. More

Evariant received an undisclosed investment from McKesson Ventures and Salesforce Ventures. The additional investment in the company –which offers healthcare providers a platform to analyze data, execute marketing campaigns, and improve patient engagement –extends the $42.3 million round the company announced in November, which included investors Health Enterprise Partners, Lightspeed Venture Partners, and Goldman, Sachs & Co. More

Livongo, the mobile-enabled diabetes management company launched two years ago by former Allscripts CEO Glen Tullman, raised a $5 million strategic investment from Humana. The company also raised $44.5 million earlier in the quarter from Merck Global Health Innovation Fund, Cowen Private Investments, Sapphire Ventures, Zaffre Investments, the investment arm of Blue Cross Blue Shield of Massachusetts, and Wanxiang America Corporation.  MoreMore
Somnoware, which offers a sleep management software system, raised $9 million in a round led by TransLink Capital with participation from World Innovation Lab (WiL) as well as existing investors. More

Patient engagement company Envera Health raised $14 million in a round led by Harbert Venture Partners and Noro-Moseley Partners with participation from New Richmond Ventures. More

WeCounsel raised $3.5 million in a round led by Longmeadow Capital Partners with participation from Point Judith Capital and CVH Holdings. The company offers patients video visits with behavioral health providers. This brings the company’s total funding to $4.5 million to date. More
BioBeats, which is developing a wellness tracking platform for consumers, health systems, and corporate wellness programs, raised $2.28 million from White Cloud Capital, AXA Strategic Ventures, and IQ Capital. This brings the company’s total funding to date to at least $3.6 million. More

Naya Health, which is developing health tech products for mothers, raised $4 million in seed funding from Tandem Capital, S-Cubed Capital, NewGen Partners, Astia Angels, and Stanford’s StartX. More
Augmedix, a startup that uses Google Glass to reduce the time physicians spend on documentation, raised $17 million in strategic investments in a round that includes some of its largest health plan customers: Sutter Health, Dignity Health, Catholic Health Initiatives (CHI), TriHealth Inc. and one other which chose to remain anonymous. Some traditional VCs also participated: Redmile Group led the round; Emergence Capital and DCM Ventures also contributed. The round brings Augmedix's total funding to $40 million. More
ChartSpan Medical Technologies raised $3.2 million from a Texas-based syndicate of investors. This brings the company’s total funding to $6 million. More
ResApp raised $9.74 million ($12.5 million Australian dollars) for its product, a smartphone-based system for diagnosing respiratory conditions. The company sold 62.5 million new ordinary shares at $0.16 ($0.20 AU) per share. More
Brighter, the online dental marketplace, raised $21 million in a round led by General Catalyst Partners with participation from DAG Ventures as well as existing investors Mayfield, Benchmark, and Tenaya. More
EverlyWell raised $2.5 million for an at-home lab test service and announced its public beta launch. More
Unispectral, an Israeli startup developing technology created at Tel Aviv University, raised $7.5 million. The round was led by Jerusalem Venture Partners, Robert Bosch Venture Capital, Samsung Catalyst Fund and The Tel Aviv University Technology Innovation Momentum Fund. More
Quartet Health, the behavioral health startup backed by former Congressman Patrick
Kennedy, raised $40 million in a second round of funding.GV – formerly Google Ventures – led the funding with participation from existing investors Oak HC/FT Partners, F-Prime Capital Partners, and Polaris Partners.Krishna Yeshwant, general partner at GV, will join Quartet’s board of directors. More

Digital medicine company Proteus Digital Health raised $50 million from undisclosed investors. The company’s existing investors include Medtronic, Itochu, St. Jude Medical, and Kaiser Permanente Ventures. This brings the company’s total funding to at least $450 million. More

EnsoData raised $550,000 in a round led by HealthX Ventures for its sleep data analysis software. The startup has already gone through a fellowship with Y Combinator and graduated from Gener8or’s gBeta accelerator. More

CareDox raised $2.8 million in a round led by Texo Ventures and Prolog Ventures for its online and mobile platform that stores student health data. CareDox also raised $1.5 million in venture debt agreement with Western Technology Investment.Existing CareDox investors include First Round Capital, Charles River Ventures, Band of Angels, and Giza Ventures. This brings the company’s total funding to $6.9 million to date. More

CrossChx, which has developed a secure, tablet-based patient check-in system, called Queue, raised $15 million from Silicon Valley Bank, Khosla Ventures, Drive Capital, NCT Ventures, and Moonshots Capital. More

Digital-savvy health insurance company Bright Health raised $80 million in a round led by Bessemer Venture Partners and New Enterprise Associates (NEA), with participation from Flare Capital Partners. More

More regional news

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Credit: Avin Aaviksoo, chief medical officer at Guardtime

Dr. Garth Graham at an event in 2016. Photo by D Dipasupil/Getty Images for Harlem EatUp!

Dr. Garth Graham at an event in 2016. (Photo by D Dipasupil/Getty Images for Harlem EatUp!)



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