Digital health funding in January reached $471 million

By Aditi Pai

Last month, digital health funding reached $471 million across 21 deals. Some of the larger raises came from wearable device maker Jawbone, consumer health site Healthline, and health kiosk company Higi. 

Here are the funding deals MobiHealthNews covered in January:

Jawbone raised $165 million in new equity funding that reportedly came from the Kuwait Investment Authority (KIA). The terms of the deal reportedly dropped the overall valuation of the company by half, from $3 billion to $1.5 billion, but gave employees a larger pool of equity, causing their shares to maintain value. More

Healthline Media, a consumer health website, raised $95 million from Summit Partners as part of a spin-off from its parent company, Healthline Networks. Healthline provides consumers with information on specific health conditions and medications via its website. The company also offers consumers more than 20 communities on Facebook that aim to help people connect with others who have similar health conditions. More

Higi, a health kiosk company, raised $40 million from its existing investors. While higi CEO Jeff Bennett told MobiHealthNews the company's chairman William Wrigley was among the existing investors who participated, he did not disclose any additional names. Higi’s kiosks, located in nearly 10,000 retail locations across the US, track weight, body mass index (BMI), pulse, and blood pressure. More

Akili Interactive Labs, which has developed a video game intervention for cognitive conditions, raised $30.5 million in a round led by PureTech Health with participation from Jazz Venture Partners and Canepa Advanced Healthcare Fund. Akili’s offering, a video game called Project: Evo, is based on research from UCSF. The game is designed to treat cognitive issues. More

Hometeam, a senior-focused, home care company, has raised $27.5 million from Oak HC/FT as well as existing investors Lux Capital, IA Ventures, and Recruit Strategic Partners. Families can use Hometeam to send a caregiver to the senior’s home. Some of the services the caregiver provides includes making the senior meals, helping them take their medication, and making sure they maintain good hygiene. More

Babylon, a remote care company, raised $25 million in a round led by Investment AB Kinnevik with participation from Hoxton Ventures, Innocent Drinks cofounders Richard Reed, Adam Balon, and Jon Wright, as well as Deepmind cofounders Demis Hassabis and Mustafa Suleyman. More

Zipnosis, a telemedicine company, raised $17 million in a round led by Safeguard Scientifics with participation from Ascension Ventures as well as existing investors Fairview Health Services, Hyde Park Venture Partners, Arthur Ventures, Waterline Ventures and Omphalos Ventures. The company’s offering helps health systems create their own virtual care service that they can staff with their own clinicians. More

AiCure raised $12.25 million in a round led by New Leaf Venture Partners, with additional funding from Pritzker Group Venture Capital, Tribeca Venture Partners, and Biomatics Capital, established by Boris Nikolic, former Chief Advisor for Science and Technology to Bill Gates. The company has developed a pure software offering that can reliably track patients taking their medication and verify that they’ve done so. More

Call9, which offers emergency care via video visits to nursing homes, raised $10 million in a round led by Index Ventures with participation from Y Combinator Partner Ali Rowghani, previously an exec at Pixar and Twitter; Palantir Cofounder Joe Lonsdal; and 23andMe CEO Anne Wojcicki. Call9's video visits service connects nursing home patients to an emergency room doctor. More

mPulse Mobile has raised an additional $8.3 million for its healthcare messaging service, bringing the company’s total funding to around $10 million. HLM Venture Partners led the round, while OCA Ventures, Merrick Ventures, and Jumpstart Ventures also contributed. The company’s secure messaging offering is designed for various healthcare organizations including payers, pharmacies, providers, and medical device companies. More 

Push Doctor, a video visits company, raised $8.2 million in a round led by Oxford Capital Partners and Draper Esprit with participation from Partech Ventures. The company’s app, available on iOS, Android, and Windows devices as well as desktops, allows users to schedule a video visit appointment with a doctor. More

Jan Medical has raised $7.5 million from Germany-based Brainlab to develop a connected diagnostic device that helps detect abnormal neurological conditions, like concussion and stroke. More

Neurotrack, which has developed an online cognitive assessment test, raised $6.5 million in a round led by Khosla Ventures with participation from Social Capital, Founders Fund, AME Cloud Ventures, and iSeed Ventures. Neurotrack has developed two offerings. The first is a five minute, web-based test, called Imprint Cognitive Assessment Test that evaluates whether a patient is at risk for Alzheimer’s. More

SnapMD raised $5.3 million from Shea Ventures, TYLT Labs, and Whittier Ventures for its telemedicine offering that connects providers to their existing patients. Their product, a whitelabeled offering called Virtual Care Management, allows physicians to provide virtual care to their patients using video, audio, and text message consultations. More

Greatist, an online publication and media brand that focuses on health and wellness content, raised $4.5 million, bringing its total investment to $8 million. Floodgate led the round, with participation from Strauss Zelnick, Andy Russell, John Gardner, David Pecker, and Startup Health. Previous investors including RiverPark Ventures, Vayner/RSE, Jon Miller, Ramit Sethi, and Chris Hughes also participated. More

Kolibree, which has developed a smartphone-connected electric toothbrush, raised $4 million from SOSV, SEB Alliance, Innovacom, Cap Horn, and Dental Investment Group for Health. Kolibree's connected toothbrush has sensors that detect not only how long users brushed their teeth, but also whether they hit all the hard to reach places between gums and teeth. More

Emperra raised $3.1 million in a round led by Robert Bosch Venture Capital with participation from existing investors, Peppermint VenturePartners and Investitionsbank des Landes Brandenburg. Emperra offers a digital diabetes management system that includes connected health devices and software. More

RetraceHealth raised $1 milion from Blue Cross and Blue Shield of Minnesota, HealthEast Care System, and McKesson Ventures for its remote primary care offering. The company plans to provide patients with primary care via video visits and in-person, home visits. More

Thrive Feeding raised a $500,000 seed round to develop smart baby feeding products. Thrive’s first offering is a baby bottle that will track how much milk a baby drinks from birth to between 60 and 90 days and send data to a companion app. More

Wizdy (formerly Lifeguard Games), a kid-focused health education game company, raised $300,000 in seed funding. The company’s first app teaches children about asthma management using a virtual pet game. More