digital health funding

By Dave Muoio June 17, 2019
Quartet Health, a startup focused on behavioral health and primary care, has brought in another $60 million in funding, bringing its total raise to $153 million. The Series D round was headlined by Centene Corporation, with support from returning backers F-Prime Capital Partners, GV, Oak HC/FT and Polaris Partners. WHAT THEY DO Quartet’s integrated platform links providers, payers and services...
By Dave Muoio June 17, 2019
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $205 million in a Series E funding round led by SoftBank. New backers PSP Investments, DFJ Growth and G Squared also participated alongside returning backers Founders Fund, GV, Maverick Ventures, Mubadala Ventures, NEA and Sun Life. WHAT THEY DO Since its launch in 2013,...
By Dave Muoio June 12, 2019
Gympass, a platform that offers fitness classes through an employer’s benefits program, announced today new strategic funding led by SoftBank’s Vision Fund Lain America Fund, and support by previous backers such as General Atlantic, Atomico and Valor Capital Group. Bloomberg and others are pegging the investment at $300 million, lending the startup a $1 billion-plus valuation when taking its...
By Dave Muoio June 11, 2019
Medically Home Group, a services company that supplies remote care technology for at-home acute care, has added a $10 million strategic investment from Cardinal Health and other unnamed backers of its ongoing Series B funding round. WHAT THEY DO The company pitches its “Virtual Hospital” service as an alternative to lengthy and expensive hospital stays. It deploys monitoring and communication...
By Laura Lovett June 11, 2019
This morning Neurotrack, a Redwood City, California-based startup focused on cognitive health, announced that it scored $21 million in Series C funding round. Khosla Ventures led the round with participation from Dai-ichi Life, SOMPO holdings, Sozo Ventures, Rethink Impact, AME Cloud Partners and Marc Benioff.  This news comes a little over a year after the startup closed its Series B funding,...
By Dave Muoio June 6, 2019
Digital health’s consistent funding expansion hit a roadblock in the beginning of 2019, with Rock Health, Startup Health and others pegging the year’s first quarter investment below that of 2018. But that’s not to say that confidence in the sector is also down. A BIO 2019 panel of digital health investors hosted by tech-focused law firm Cooley LLP said that interest among their peers and...
By Laura Lovett June 6, 2019
Carbon Health, a virtual and in-person urgent and primary care network, has raked in $30 million in Series B funding. Announced yesterday, the round was led by Brookfield Growth Partners, with participation from DCVC, Builders VC, Bullpen Capital, Javelin Venture Partners and Two Sigma Ventures.  Following this funding news, Brookfield Growth Partners’ managing director Josh Raffaeli will be...
By Laura Lovett June 5, 2019
This morning AI-enabled symptom checker Infermedica revealed exclusively to MobiHealthNews a new $3.65 million funding round. Estonian investor Karma Ventures led the round with participation from Dreamit Ventures, Inovo Venture Partners and Müller Medien​.  Originally founded in Poland, the company has recently expanded its international footprint with a move into the United States.  WHAT THEY...
By Laura Lovett May 30, 2019
This morning Altoida, a digital platform that uses artificial intelligence and machine learning to help predict Alzheimer’s disease, closed a $6.3 million Series A funding round. M Ventures led the round with participation from Grey Sky Venture Partners, VI Partners AGG, Alpana Ventures and FYRFLY Ventures.  WHAT THEY DO Altoida makes a digital platform that employs AI, ML and augmented reality...
By Laura Lovett May 30, 2019
This morning Feedtrail, a platform that captures patients’ satisfaction rates and translates those into an action plan for providers, landed $1 million in seed funding. The latest funding round was led by Dioko Ventures with participation from an unnamed non-profit health system and convertible promissory note.  WHAT THEY DO Founded in 2015, the North Carolina-based startup specializes in phone-...