November 29, 2018
Bright Health has topped off its already impressive fundraising with a $200 million oversubscribed Series C funding round, the Minnesota-based integrated health insurance startup announced this morning. Support came from new investors Declaration Partners and Meritech Capital, as well as from returning backers Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates...
June 5, 2018
It’s no secret investors have been pouring billions of dollars into digital health companies, and it seems the life sciences sector has taken notice.
Today at BIO 2018 in Boston, a panel of investors sat down to take the pulse of the digital health industry and give their thoughts on the booming (and potentially crowded) market.
“The bottom line is that an immense amount of money has gone into...
June 1, 2017
Bright Health, the Minnesota-based health insurance startup that boasts "a smarter, more connected" experience, has raised a new round of $160 million. Greenspring Associates led the round, with additional participation from new investors Greycroft Partners, Redpoint Ventures and Cross Creek Advisors and existing investors New Enterprise Associates (NEA), Bessemer Venture Partners, and Flare...
October 5, 2016
Denver-based Welltok, the health management company that makes the CafeWell Health Optimization Platform, has raised $33.7 million in Series E funding. Additionally, the company secured a new debt facility that equips Welltok with $13 million of expanded borrowing capacity. The combined financing will be used for continued development of CafeWell, other complementary digital healthcare service...
July 14, 2016
Boston-based Docent Health has raised $15 million in a new round of funding. The round was co-led by Bessemer Venture Partners, New Enterprise Associates (NEA), and Maverick Ventures. All three investors previously participated in the company's $2 million seed round in January.
The startup, which grew out of healthcare investment firm Oxeon Holdings, combines mobile software tools and trained...
April 6, 2016
Minneapolis-based tech-savvy payer Bright Health has raised $80 million in a round led by Bessemer Venture Partners and New Enterprise Associates (NEA), with participation from Flare Capital Partners.
Bright Health is led by a team of experienced healthcare executives. The company’s CEO Bob Sheehy was previously the CEO of UnitedHealthcare. Kyle Rolfing, Bright Health’s president, is the...
May 27, 2015
Denver, Colorado-based Welltok, the health management company that makes the CafeWell Health Optimization Platform, has raised $21.3 million in a mix of equity and security, according to an SEC filing. This brings the company's total funding to at least $94 million to date.
Existing investors include Bessemer Venture Partners, Emergence Capital Partners, InterWest Partners, New Enterprise...
November 3, 2014
Rock Health has raised its third fund and will up its contribution to new companies from $100,000 to $250,000, the company announced this morning. The lead investors in the fund are Bessemer Venture Partners, which is working with Rock for the first time, and long time supporter Kaiser Permanente Ventures. It includes participation from KPCB, Montreux Equity Partners, and Great Oaks Ventures.
October 15, 2014
Denver, Colorado-based Welltok raised $25 million in a round led by Bessemer Venture Partners (BVP). The company hopes to raise another $12 million by the end of this year. The $25 million brings the company's total funding to at least $72.7 million.
(Correction: This article originally misstated the additional amount Welltok plans to raise this year.)
Existing investors include IBM's Watson Fund...
July 29, 2014
Palo Alto, California-based Kurbo Health, which is developing a mobile-enabled program aimed at preventing childhood obesity, has raised $4 million new funding in addition to the $1.8 million we reported on in May. The round was led by Signia Ventures and other investors include Data Collective, Bessemer Venture Partners, Promus Ventures, and angel investors: Susan Wojcicki, CEO of YouTube, and...