Laura Lovett

By Laura Lovett 01:49 pmDecember 19, 2019
This year EIT Health, an EU-backed healthcare collaboration network, announced that its 2020 Wild Card Health Challenge will be focused on women’s health and digital therapeutics.  First launched in 2017, the program offers European companies a way to connect with various healthcare stakeholders. The winner of each of the categories will receive €2 ($2.22) million in funding.   Companies...
By Laura Lovett 04:04 pmDecember 18, 2019
This morning accelerator MassChallenge HealthTech named its class of 2020, which includes 27 startups from all over the world. This year’s list of companies includes everything from a VR-enabled digital therapeutic to care coordination products.  Startups that made this year’s cohort will have access to co-working office space and a tailored curriculum that connects startups to advisors,...
By Laura Lovett 01:43 pmDecember 18, 2019
This morning the AI-enabled diagnostic and treatment platform Paige, formerly called Paige.AI, announced a $45 million Series B funding round. The latest raise was led by Healthcare Venture Partners with participation from Breyer Capital, Kenan Turnacioglu and other funders.  Today the company has $70 million in investments. This latest round comes roughly two years after the company closed a $25...
By Laura Lovett 01:41 pmDecember 17, 2019
This morning Kindbody, a tech-enabled women’s health startup, announced a $4.5 million investment from GV, bringing the company’s total funding amount to $32 million.  This comes half a year after the New York-based company announced its $15 million Series A round let by RRE Ventures and Perceptive Advisors.  WHAT THEY DO This female-led startup uses a hybrid approach to care. It combines face-to...
By Laura Lovett 07:09 amDecember 17, 2019
Ro, a direct-to-consumer virtual health company, is diving into the weight management space with the launch of a new product offering aimed at helping patients shed the pounds.  Ro, best-known for its online platform that specializes in men’s health, is now going to be offering Plenity, a new weight management product. Plenity landed FDA clearance last April and is classified as a Class II...
By Laura Lovett 03:16 pmDecember 16, 2019
This morning virtual behavioral health company NeuroFlow scored $7.5 million in Series A funding. The latest round was led by Builders VC with participation from Dreamit Ventures, Spring Point Partners, Red & Blue Ventures and AWT Private Investments.  This news comes a little over a year after the startup closed a $1.2 million round led by NJ JumpStart.  WHAT THEY DO  NeuroFlow uses a multi-...
By Laura Lovett 02:17 pmDecember 16, 2019
Late last week virtual care company VirTrial scooped up fellow telehealth startup SnapMD for an undisclosed sum. Virtrial, a portfolio company of Kinderhook Industries LLC, focuses on providing telemedicine services to the clinical trial industry.  Meanwhile SnapMD has been more centered around providing enterprise services to health systems. As part of the new acquisition SnapMD will be a...
By Laura Lovett 03:48 pmDecember 12, 2019
A video game-like digital therapy may be key to helping reduce cognitive impairments in adults living with major depressive disorder (MDD).  Results out of a new study conducted by Akili interactive found that patients using the company’s AKL-T03 significantly improved their sustained attention compared to their peers in the control group.  In the study, which was presented at the Meeting of the...
By Laura Lovett 01:51 pmDecember 12, 2019
Amazon’s PillPack has struck a deal with Blue Cross Blue Shield of Massachusetts that integrates the former’s digital pharmacy platform into the payer’s MyBlue member app.  As part of the agreement Blue Cross members will have the option to switch their prescriptions over to PillPack directly from the MyBlue app without having to reenter their insurance details or medication list.  Members will...
By Laura Lovett 12:51 pmDecember 6, 2019
Digital health has gone global. On both sides of the Atlantic, healthcare stakeholders are evaluating these new tools, while innovators are navigating the pathways to implementation. It’s clear that while the North American markets and the European markets each have their own challenges, the industries also share plenty of universal opportunities and obstacles.  This week at the European...