digital health funding

By Laura Lovett August 16, 2018
New York-based Klara, a healthcare messaging system, has just landed another $11.5 million in Series A funding in a round led by FirstMark Capital with participation from Lerer Hippeau, Project A Ventures, Atlantic Labs, and other individual investors.  “This is how we think about the business, we believe healthcare should be patient centric and in order to enable that all of the people who are...
By Dave Muoio August 15, 2018
London-based BioBeats, which uses artificial intelligence to deliver digital wellness support to consumers and employees, has raised $3 million (£2.4 million) in a funding round led by Oxford Sciences Innovation, White Cloud, and IQ Capital. According to the announcement, the new capital will enable the company to scale its international offerings. “For BioBeats, our vision is to disrupt the way...
Google Headquarters.
By Susan Morse August 15, 2018
Alphabet, the parent company of Google, is investing $375 million in Oscar Health, the technology-driven health insurer cofounded by Mario Schlosser and Joshua Kushner, brother of White House advisor Jared Kushner. The funds will help move the New York City-based insurer into its next phase of expansion, entering the Medicare Advantage market. "Today, we are announcing Alphabet's plans to invest...
By Dave Muoio August 14, 2018
Carbyne, an Israeli firm looking to digitally update emergency response systems, has raised $15 million in Series B funding. The round was led by Elsted Capital Partners, with participation from strategic investor Founders Fund. According to the announcement, Carbyne — which was founded in 2014 and is backed by former Israeli Prime Minister Ehud Barak —will be using these new funds to build its...
By Dave Muoio August 14, 2018
Profusa, a company that is developing connected tissue-implanted biosensors, has raised just over $45 million in Series C funding. Participants in the round included new investors VMS Investment Group, Tasly Pharmaceutical Group, and Maxim Integrated, as well as returning backers 3E Bioventures Capital and Atinum Investment. The company will be using the new financing to bring its CE Marked...
By Laura Lovett August 14, 2018
This morning, Sansoro Health, a healthcare integration company focused on interoperability, announced that it has raised $8 million in Series B funding, bringing the company’s total financing to $14.5 million. This round was led by LRVHealth with participation from existing investors Bain Capital Ventures and Healthy Ventures.  “Sharing data between disparate EHR systems remains a major challenge...
By Laura Lovett August 13, 2018
Online pharmacy and delivery service Capsule has landed a whopping $50 million in Series B funding led by Thrive Capital and Brook Capital Partners. The company, which defines itself by its same-day delivery policy, is now looking to expand its New York-based business to a national market.  “People want their medicine the day it’s prescribed. Capsule’s same-day delivery offers that commodity, but...
By Jonah Comstock August 9, 2018
San Francisco-based Hinge Health, which makes a digital health platform for musculoskeletal (MSK) conditions, has raised $26 million in a Series B round led by Insight Venture Partners. Existing investor Atomico also contributed, increasing its stake in the company. This brings the company’s total funding to $36 million. “There’s been a lot of enthusiasm for the Hinge Health product,” CEO Dan...
By Dave Muoio August 9, 2018
Boston-based digital therapeutics company Akili Interactive Labs announced this morning that it has added an extra $13 million to its previously announced Series C financing. Together, this brings the company’s 2018 funding to $68 million, and its total backing to just over $140 million. The additional investment from CLSA, Omidyar Technology Ventures, Digital Garage Group, and Fearless Ventures...

Photo credit: AlayaCare

By Laura Lovett August 8, 2018
This morning Toronto-based home care platform AlayaCare announced that it scored $13.8 million in a Series B funding round led by inovia capital, with participation from Chrysalis and Fonds Innovexport.  Focused on providing home healthcare workers and clients with tools, the company’s software has several different platforms including a mobile app and clinical documentation tool. “We’re...