Dave Muoio

By Dave Muoio 11:47 amFebruary 4, 2020
Inato, a Parisian startup revamping clinical trial enrollment, has pulled in a $14 million Series A round. Obvious Ventures and Cathay Innovation headed the raise, which also saw support from prior backers Serena and Fly Ventures. WHAT THEY DO Inato has developed a platform that helps biopharma clients select the optimal site for their clinical studies. Its technology incorporates logistical data...
By Dave Muoio 08:00 amFebruary 4, 2020
Hinge Health, the maker of digital programs for chronic musculoskeletal (MSK) health, has closed $90 million in a new round led by Bessemer Venture Partners. Lead Edge Capital also took part in the Series C, as did prior backers Insight Partners, Atomico, 11.2 Capital, Quadrille Capital and Heuristic Capital. Hinge had been courting investors throughout the course of the last quarter, and...
By Dave Muoio 02:44 pmFebruary 3, 2020
Legacy, a male fertility startup offering sperm freezing and analytics, has raised $3.5 million in a new funding round, CEO Khaled Kteily confirmed to MobiHealthNews. The funding was headlined by a “major” investment from Section 32, with Y Combinator and prior backer Bain Capital Ventures also lending their support. WHAT THEY DO Born out of the Harvard Innovation Labs alumni incubator program, ...
By Dave Muoio 03:56 pmJanuary 31, 2020
Update: HIMSS20 has been canceled due to the coronavirus. Read more here. While there are no shortage of technical approaches for hackers targeting a healthcare organization, the fact of the matter is that many attacks start with doctors, administrative workers and the other employees who might not have cybersecurity on the mind. This approach, often referred to under the umbrella term of “social...
By Dave Muoio 01:31 pmJanuary 31, 2020
Tech-enabled primary care business 1Life Healthcare — better known by its brand name, One Medical — hit the public market Friday after announcing the sale of 17.5 million shares at $14 each. This pricing alongside the roughly 122 million outstanding shares disclosed in the company’s S-1 would put One Medical’s valuation at just over $1.7 billion. And although it’s only been on the market for a...
By Dave Muoio 02:47 pmJanuary 30, 2020
Alto, a digital pharmacy and drug delivery company, will announce next week the close of a $250 million Series D funding round headed by SoftBank’s Vision Fund 2, Reuters and others reported this morning. Greenoaks Capital, Jackson Square Ventures and other prior backers also participated in the round. This round would bring Alto’s total raise to more than $350 million, and its valuation to more...
By Dave Muoio 01:16 pmJanuary 30, 2020
This week in M&A. Imprivata, a tech company providing identity and authentication tools designed specifically for healthcare, has acquired GroundControl Solutions, inc., which is known for its automated enterprise mobile device management software. Imprivata anticipates that the purchase of this new tech will augment its platform with new capabilities for large and small healthcare...
By Dave Muoio 02:49 pmJanuary 29, 2020
Update: HIMSS20 has been canceled due to the coronavirus. Read more here. While many would agree that healthcare is turning a corner with increasing focus on patient-friendly experiences and the consumerization of healthcare services, not every attempt in this area has been a home run. These shortcomings have been particularly disappointing in the realm of digital, where a successful, well-...
By Dave Muoio 04:21 pmJanuary 28, 2020
San Francisco-based EHR developer Practice Fusion has agreed to pay $145 million alongside an admission that it “solicited and received kickbacks from a major opioid company” in exchange for clinical decision support (CDS) alerts promoting unnecessary prescription opioids, according to a release from the US Department of Justice. In a settlement announced yesterday (and hinted at in an earnings...
By Dave Muoio 11:37 amJanuary 28, 2020
Wheel, an Austin, Texas-based vendor of telehealth services and staffing formerly known as Enzyme Health, has launched today alongside the news of a $13.9 million in Series A raise. CRV led the round, which also included Tusk Venture Partners and Silverton Partners. WHAT THEY DO Founded in 2018, Wheel’s strategy is comprised of two major avenues: telehealth staffing opportunities for...