digital health funding

By Dave Muoio 10:29 am April 7, 2020
CyberMDX, a connected medical device and clinical network security firm, announced this morning that it has collected $20 million in new funding. The latest investment brings the startup's total raise to $30 million in total funds. It was headed by Sham (Relyens Group) with participation from prior backers Pitango Venture Capital and Qure Ventures. WHAT THEY DO The company's healthcare...
By Dave Muoio 11:25 am April 6, 2020
SteadyMD, a nationwide telehealth provider focused on continuous care, has raised $6 million in Series A funding. Pelion Venture Partners and Next Ventures co-led the round, alongside contributions from First Trust Capital Partners, the Daube Family Office, Crosscut Ventures, M25, Wild Ventures, and Hyde Park Venture Partners. WHAT THEY DO SteadyMD's virtual care service connects members to text...
By MobiHealthNews 03:31 pm April 3, 2020
Coronavirus may have thrust the markets into a tailspin, but the impact of that economic uncertainty doesn't seem to have hit the digital health startup quite yet. During the first quarter of this year, MobiHealthNews tracked 82 funding deals totaling $2.9 billion — a staggering jump over the 49 deals and $1.4 billion collective raise of Q1 2019. It also had a small handful of late-stage, big-...
By Dave Muoio 03:01 pm March 31, 2020
Olive, an artificial intelligence company tackling healthcare administration tasks, has closed $51 million in a funding round led by General Catalyst. Also participating in the raise were the company's existing backers Drive Capital, Oak HC/FT, Ascension Ventures and other unnamed investors. WHAT THEY DO Olive's "AI Workforce" is designed to automate a selection of tedious, high-volume...
By Laura Lovett 04:10 pm March 26, 2020
Yesterday morning ClinOne, a digital platform that helps researchers manage clinical trials, landed $3.6 million in Series A funding. The infusion of cash was led by CU Healthcare Innovation Fund. WHAT THEY DO The platform works with pharma companies, research groups, and clinical trial sites in order to recruit appropriate patients for their trial. Researchers can use the platform to manage ...
By Dave Muoio 01:37 pm March 25, 2020
tDiligent Robotics, the maker of an autonomous robot helper for use in the hospital, has brought in a $10 million Series A round. DNX Ventures headlined the raise, and will see Q. Motiwala, a partner, joining the Diligent Robotics board. True Ventures, Ubiquity Ventures, Next Coast Ventures, E14 Fund, Promus Ventures and Grit Ventures also participated in the fundraise. WHAT THEY DO While...
By Laura Lovett 01:33 pm March 24, 2020
Cuff-less blood pressure monitor company Aktiia scored $6.1 million (CHF 6 million Swiss francs) in its second funding round. Redalpline led the funding round with participation from Translink Capital, Investiere, Libra, Christian Wenger, Spark Street Capital and Barbaric Holdings. The Swiss company previously raised $4.1 million (CHF 4 million) in a 2018 seed round. WHAT IT DOES The company has...
By Laura Lovett 03:50 pm March 23, 2020
Medical-billing startup Inbox Health scored $3.5 million earlier this month. Healthy Ventures was the lead investor this round, with participation from Collaborative Fund. Commerce Ventures, Connecticut Innovations, I2BF Global Ventures and StartUp Health. WHAT THEY DO The Connecticut-based startup pitches its services as a way to personalize patients’ billing, payments and communications. Its...
By Laura Lovett 03:55 pm March 19, 2020
Yesterday morning addiction focused digital therapeutic Quit Genius scored $11 million in Series A funding. Octopus Ventures led the round with participation from Y Combinator, Startup Health and Triple Point Ventures. This brings the company's total funding pot to $13.5 million. WHAT THEY DO The company is geared at treating individuals with tobacco-, opioid- and alcohol-use disorder through...
By Dave Muoio 11:31 am March 19, 2020
Rivet Health, a revenue cycle management and healthcare pricing transparency platform, has raised $8.25 million in Series A funding. Menlo Ventures headed the round, which also included prior investors Lux Capital and Pelion Venture Partners. WHAT THEY DO Rivet's technology platform helps providers give their patients a pricing estimate prior to their services, as well as the option to pay...