digital health funding

By MobiHealthNews 03:10 pm November 19, 2020
This morning Medable, a digital platform focused on decentralizing clinical trials for the life science industry, announced a whopping $91 million Series C funding. The new round was led by Sapphire Ventures, with participation from GSR Ventures, PPD, Inc and Streamline Ventures. In total the digital health company has raked in $136 million. The Palo Alto, California-based startup has created a...
Also: Upfront Healthcare announces $11.5M in funding; Solv scores $27M and adds to its team; Levels gets $12M in a seed round.
By Mallory Hackett 12:49 pm November 17, 2020
AliveCor, a maker of artificial intelligence-enabled personal ECG devices, has announced its Series E financing round worth $65 million. The round was led by existing investors OMRON, Khosla Ventures, WP Global Partners, Qualcomm Ventures and Bold Capital Partners. The capital will be used to enhance the growth of AliveCor’s remote-cardiology platform by adding telehealth, detection and condition...
By Dave Muoio 02:40 pm November 10, 2020
Following up on its $28 million add-on investment from May, Carbon Health today announced the close of a $100 million Series C funding round led by Dragoneer Investment Group. The tech-enabled primary care provider's raise also included support from Brookfield Technology Partners, DCVC and Builders VC. Carbon Health's approach of blending in-person visits at a clinic or pop-up site with virtual...
A product shot of the Eko Duo device and connected tablet app
By Dave Muoio 12:16 pm November 9, 2020
This morning, digital cardiopulmonary health startup Eko pulled back the curtain on $65 million in new funding. The Series C raise was headed by Capital Partners and Questa Capital, and also saw participation from Artis Ventures, DigiTx Partners, NTTVC, 3M Ventures and other investors. WHAT IT DOES Based in Oakland, California, Eko is known for combining ECG-enabled digital stethoscope devices...
An image of the Foundations app
By Dave Muoio 03:20 pm November 5, 2020
Koa Health, a digital mental health company spun out of global telecoms company Telefonica, and previously known as Alpha Health, has raised $16.5 million (€14.1) in Series A funding, led by Ancora Finance Group and Wellington Partners. The raise coincides with Koa's launch as an independent company, with Telefonica remaining as a shareholder, customer and partner. WHAT IT DOES Koa Health offers...
Also: Digital therapeutics company Palo Alto Health Sciences reports $9.1 million; Adherium gains new support from investment firm Viburnum.
By Dave Muoio 12:29 pm November 3, 2020
Human API, maker of a consumer-facing health data sharing platform, announced last week the close of "over $20 million" in Series C funding. The raise saw backers Samsung Ventures, CNO Financial Group, Allianz Life Ventures and Moneta VC joining returning investors BlueRun Ventures, SCOR Life and Health Ventures, and Guardian Life Insurance Company. The company's tools connect to a range of data...
An aide helps a senior operate a tablet device
By Dave Muoio 12:44 pm October 28, 2020
San Francisco-based home-care technology company Honor has wrapped up a $140 million Series D funding round. Announced yesterday, the raise was headed by Baillie Gifford, as well as funds and accounts advised by T. Rowe Price Associates. Also joining was new backer Rock Springs, and prior investors Prosus Ventures, Andreessen Horowitz, Thrive Capital, and 8VC. This now brings the company's...
A stethoscope rests on dollar bills
By Dave Muoio 11:38 am October 26, 2020
Nice Healthcare, a Minneapolis-based video and in-home primary care provider, has raised $5 million in seed funding, MedCity News reports. The funding was headed by Waterline Ventures, and also saw participation from Conductive Ventures and Indie.vc. WHAT IT DOES Offered through employers, Nice Healthcare's business uses a patient mobile app to schedule primary care virtual visits. These can be...
money rolled up
By Dave Muoio 02:49 pm October 23, 2020
Health collaboration platform Cohere Health announced this week that it's doubled up a $10 million funding from the summer by raising an additional $10 million from its existing investors, a list that includes Flare Capital Partners and Define Ventures. WHAT IT DOES Cohere Health's platform brings providers and health plans onto the same page in an effort to build low-cost, evidence-based care...
A number of one-dollar bills on a surface
By Dave Muoio 02:18 pm October 22, 2020
Verifiable, a healthcare identity startup that recently launched out of Y Combinator, has raised $3 million in seed funding, TechCrunch reports. The money came from institutional investors Tiger Global, Liquid2 Ventures, Struck Capital and Soma Capital, as well as individual backers Jack Altman, Max Mullen and Sahil Lavingia. WHAT IT DOES Verifiable has built an API to help organizations confirm...