October 6, 2020
A new startup called Abridge launched this morning, fueled by $15 million in funding. The new platform was designed to help patients follow their provider’s advice, and to educate users about their health.
The Seed and Series A round was led by Union Square Ventures and UMPC with participation from Bessemer Venture Partners, Pillar, KdT Ventures and angel investors.
The platform lets patients...
February 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...
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.