digital health funding

By Dave Muoio 12:01 pm July 9, 2020
Kindbody, a women's health startup combining virtual care with face-to-face visits, raised $32 million in Series B funding. Perceptive Advisors led the round, which also saw support from prior backers RRE, GV and Freemark Capital, as well as new investors Rock Springs Capital, Goodgrower, Claritas Capital and NFP. The startup said it would be using its new funding to expand its owned physical...
By Laura Lovett 01:33 pm July 8, 2020
Infertility is a fairly common problem in the US. The CDC reports that about 10 in every 100 women in the country has difficulty becoming or staying pregnant. This has given rise to the emerging ‘FemTech’ industry, and in particular fertility tech, digital products designed to support individuals looking to get pregnant. Recently, venture capital firm Octopus released a report outlining the...
By Dave Muoio 01:04 pm July 8, 2020
Telehealth provider Doctor On Demand today announced $75 million in Series D funding. The raise was led by General Atlantic, and also included the company's prior investors. The round puts Doctor On Demand's lifetime raise in the neighborhood of $239 million. WHAT IT DOES The San Francisco-based company provides virtual care services directly to consumers as well as through arrangements with...
By Laura Lovett 01:35 pm July 7, 2020
During the global pandemic, digital health has certainly turned the heads of provider organizations, but the investment numbers are, in and providers weren’t the only ones to take notice.  Six months into 2020, investors have poured a record-shattering $5.4 billion into the digital health industry, according to the latest Rock Health Report. [Last week MobiHealthNews published its biannual...
By Sara Mageit 05:09 am July 3, 2020
The European Institute of Innovation and Technology (EIT) Health Wild Card programme will bring together 45 participants to find solutions in areas of high unmet need within women’s health and digital therapeutics. The annual hackathon goes online in the wake of the COVID-19 pandemic and will run from 1– 10 July. Beginning with two challenges set by EIT Health, the annual Wild Card programme...
By MobiHealthNews 03:16 pm July 2, 2020
As the broader economy ping pongs between state lockdowns, unemployment reports and escalating public markets, COVID-19 still down't appear to have torpedoed investors' interests in digital health. During the second quarter of 2020, MobiHealthNews tracked 89 funding deals totaling $2.44 billion – a slight increase in volume but decline in value when compared to both Q2 2019 (81 deals, $2.45...
By Dave Muoio 02:57 pm July 1, 2020
Health data analytics company Evidation Health secured a $45 million Series D raise led by B Capital Group. New backers McKesson Ventures and Section 32 joined the round, as did prior backers Revelation Partners, Rethink Impact and SV Health Investors. The San Mateo company combines real-life patient data collected through more than 100 different sources, such as Apple Health, Fitbit, Epic and...
By Laura Lovett 03:27 pm June 30, 2020
This morning Owkin, a medical research company that uses machine learning, announced that its Series A funding round has reached $70 million. This comes after Mubadala Capital and Bpifrance entered with a late $18 million in investment. The Series A has been in the works for some time. The money has trickled in periodically. In May it announced a $25 million dollar raise. But the Series A round...
By Laura Lovett 04:20 pm June 26, 2020
Health insurtech company Oscar Health scored a whopping $225 million in Series C funding from Google’s parent company Alphabet, General Catalyst, Khosla Ventures, Lakestar, Thrive Capital and Baillie Gifford.  This comes roughly two years after the company announced a $165 million funding round led by Brian Singerman and Founders Fund.  WHAT THEY DO  The company offers direct-to-consumer health...
By Dave Muoio 01:49 pm June 23, 2020
BrightInsight, which offers a platform that secures, manages and analyzes medical device and software data, has announced $40 million in Series B funding. Insight Partners headlined the raise, which also featured Series A investors New Leaf Venture Partners and Eclipse Ventures. WHAT THEY DO BrightInsight – a part of electronics manufacturing services firm Flex – sees itself acting as the...