digital health funding

By Tammy Lovell 05:18 am October 18, 2019
Health tech firm Healx, which specialises in treatments for rare diseases, has raised $56m (£43.4m) in a Series B financing round led by European VC firm Atomico and joined by Intel Capital, Global Brain and btov Partners. All previous investors, including Balderton Capital, Amadeus Capital Partners, and Jonathan Milner also participated in the round. The funding follows a $10m Series A round in...
By Dave Muoio 03:50 pm October 10, 2019
Digital chronic disease management company Omada Health has added onto June’s $73 million funding round with a new strategic investment from Intermountain Ventures. The terms of the deal were not disclosed. WHAT THEY DO Omada pitches its digital coaching programs as a scalable and convenient approach to chronic disease management. The company’s products address hypertension, Type 2 diabetes,...
By Dave Muoio 11:53 am October 10, 2019
Sentio, a behavioral health startup offering an emotion-sensing wearable and a connected support app, has raised $4.5 million in seed funding. The round was led by Felicis Ventures, with additional support from Anthemis Exponential Ventures and SOSV, and brings the company’s total raise to $6.3 million. WHAT THEY DO Sentio’s Feel platform is headlined by the Feel Emotion Sensor, a wristband that...
By Laura Lovett 12:58 pm October 9, 2019
This morning Papa, a startup connecting seniors to college and nursing students to stave off isolation, landed $10 million in Series A funding. The round was led by Canaan with participation from Pivotal Ventures, Initialized Capital, Y Combinator and Sound Ventures.  This comes a year after the company announced a $2.4 million seed funding round, which was led by Initialized Capital.  WHAT THEY...
By Laura Lovett 12:00 pm October 8, 2019
Rapid SOS, a data-driven emergency response service, announced that it landed a fresh $25 million in new funding this morning, bringing the company’s total Series B funding to $55 million. The latest infusion of cash was led by Energy Impact Partners (EIP).  WHAT THEY DO The startup’s system integrates data from a variety of sources including from wearables, telematics from connected cars, smoke...
By Laura Lovett 01:12 pm October 7, 2019
French startup FeetMe, maker of a wearable device to track gait and posture, landed €9.4 million ($10.3 million) in Series A funding. LBO France led the round with participation from Kurma Diagnostics, Paris Saclay, Idinvest Partners, Seventure and SOSV.  This comes two years after the company raised its initial $2.28 million in seed funding, which was led by Kurma Diagnostics.  WHAT THEY DO The...
By MobiHealthNews 03:50 pm October 4, 2019
Over a billion and a half venture dollars poured into the digital health space in Q3 2019. MobiHealthNews recorded 66 deals adding up to roughly $1.55 billion globally — less than half of the $3.3 billion recorded during the same period last year. Babylon Health, a UK-based digital chatbot that also links up to provider practices, topped the charts this quarter with a $550 million funding round...
By Dave Muoio 03:20 pm October 3, 2019
Diligent Robotics, maker of an autonomous robot assistant for hospitals, has raised $3 million in seed funding. The raise was headed by True Ventures and Ubiquity Ventures, as well as Next Coast Ventures, Capital Factory, Pathbreaker Ventures, Boom Capital, Grit Ventures and other unnamed angel investors. This adds to another $2.1 million round announced back in the beginning of 2018, as well as...
By Laura Lovett 01:49 pm October 3, 2019
This morning Mon Ami, a new digital platform that links college students to seniors, announced that it has secured its first $3.4 million in seed funding. Freestyle Ventures and Cowboy Ventures led the round, with participation from Maverick Ventures, Felicis Ventures and angel investor Bruce Dunlevie.  WHAT THEY DO It all began when co-founders Madeline Dangerfield-Cha and Joy Zhang met at...

Photo credit: CB Insights

By Dave Muoio 03:21 pm October 2, 2019
Machine intelligence and big data analyst firm CB Insights has put together a list of what it considers to be today’s 150 “most promising” private digital health startups. The full cohort spans a wide range of healthcare focus areas, business models, home countries and funding stages, and is accompanied by a report highlighting some of the key trends and characteristics shared by the digital...