digital health funding

By Laura Lovett 02:13 pm July 16, 2020
Cityblock, a startup focused on used tech to tackling health disparities, has raised $53.5 million in what it describes as Series B+ funding. Kinnevik AB led the round with participation from AIMS Imprint of Goldman Sachs Asset Management and Alphabet, as well as existing investors.  This comes roughly a year after a $63 million Series B funding in April of 2019, and close to two years after the...
By Dave Muoio 12:10 pm July 15, 2020
Brisbane, California-based Caption Health, maker of artificial intelligence-assisted ultrasound guidance software, has tied up a $53 million Series B funding round. Prior backer DCVC headed the raise. Atlantic Bridge and Edwards Lifesciences joined the round as new investors, while Khosla Ventures added onto its previous stake. WHAT It DOES The company's Caption AI software platform consists of...
By Dave Muoio 09:00 am July 15, 2020
GYANT, maker of an artificial intelligence-based virtual-healthcare assistant, has hauled in a $13.6 million Series A financing round. Wing Venture Capital headlined the raise, which also included support from Intermountain Ventures, Grazia Equity, Alpana Ventures, Techstars Ventures and Plug and Play Ventures. WHAT IT DOES A veteran of the Cedars-Sinai Tech Stars accelerator, GYANT's care-...
By Laura Lovett 02:42 pm July 14, 2020
This morning digital pharmacy Medly announced the close of a $100 million Series B funding round. The new infusion of cash was led by Volition Capital and Greycroft with participation from Horsley Bridge and Lerer Hippeau. This comes roughly a year after the New York-based company announced the close of its Series A funding round, which was also led by Greycroft, for an undisclosed amount.  WHAT...
By Dave Muoio 09:06 am July 14, 2020
This morning continuous glucose monitor (CGM) startup Movano Inc. exited stealth with the news of $10 million bridge funding round headed by Tri-Valley Ventures. Taken alongside its prior investments, the company said it has now raised $27 million since its founding in 2018. WHAT THEY DO Movano is developing a connected CGM wearable that doesn't require the user to break the skin with a needle or...
By Mallory Hackett 03:42 pm July 13, 2020
Paige, a computational pathology platform, announced today an additional $15 million from Goldman Sachs Merchant Banking Division, bringing the total capital from the firm to $20 million.  Healthcare Venture Partners also contributed an additional $5 million on top of its previous $10 million investment. With this funding, the previously announced Series B financing round increased to $70 million...
By Dave Muoio 12:01 pm July 9, 2020
Kindbody, a women's health startup combining virtual care with face-to-face visits, raised $32 million in Series B funding. Perceptive Advisors led the round, which also saw support from prior backers RRE, GV and Freemark Capital, as well as new investors Rock Springs Capital, Goodgrower, Claritas Capital and NFP. The startup said it would be using its new funding to expand its owned physical...
By Laura Lovett 01:33 pm July 8, 2020
Infertility is a fairly common problem in the US. The CDC reports that about 10 in every 100 women in the country has difficulty becoming or staying pregnant. This has given rise to the emerging ‘FemTech’ industry, and in particular fertility tech, digital products designed to support individuals looking to get pregnant. Recently, venture capital firm Octopus released a report outlining the...
By Dave Muoio 01:04 pm July 8, 2020
Telehealth provider Doctor On Demand today announced $75 million in Series D funding. The raise was led by General Atlantic, and also included the company's prior investors. The round puts Doctor On Demand's lifetime raise in the neighborhood of $239 million. WHAT IT DOES The San Francisco-based company provides virtual care services directly to consumers as well as through arrangements with...
By Laura Lovett 01:35 pm July 7, 2020
During the global pandemic, digital health has certainly turned the heads of provider organizations, but the investment numbers are, in and providers weren’t the only ones to take notice.  Six months into 2020, investors have poured a record-shattering $5.4 billion into the digital health industry, according to the latest Rock Health Report. [Last week MobiHealthNews published its biannual...