digital health funding

By Mallory Hackett 02:59 pm June 12, 2020
Conversa Health, an automated virtual care communication platform, closed $12 million in a Series B funding this week. The round was co-led by Builders VC and Northwell Ventures and included investments from  P5 Health Ventures, Nassau Street Ventures and UH Ventures. With this, Conversa has raised more than $26 million in funding. WHAT THEY DO Conversa partners with health systems to virtually...
By Dave Muoio 02:41 pm June 12, 2020
As per a new SEC filing, mindfulness and meditation app Headspace has built on February's Series C raise with an additional $47.7 million in funding, bringing the round's equity total to $100.7 million. The company told CrunchBase News, which first spotted the filing, that all of the company's lead investors from its prior rounds took part. WHAT THEY DO Santa Monica-based Headspace’s best known...
By Mallory Hackett 12:24 pm June 12, 2020
Kyruus, a provider search and scheduling tool for health systems, announced yesterday that it has garnered $30 million in funding from Francisco Partners. In late December, Kyruus scored $42 million in Series D funding. With this new investment, the company’s total funding is over $155 million. WHAT THEY DO Kyruus delivers search and scheduling to let health systems connect patients with the best...
By Mallory Hackett 01:46 pm June 11, 2020
RapidSOS received $21 million in funding, the emergency response technology company announced today. The funding round was led by Transformation Capital and included support from C5 Capital, Laerdal Million Lives Fund and existing investors.  WHAT THEY DO The New York-based company developed its digital platform to provide free critical data to first responders in order to make faster and smarter...
By Dave Muoio 11:51 am June 10, 2020
Cue Health, a rapid diagnostics startup now working on a connected testing device, has closed $100 million in a Series C round announced this morning. Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation, ACME Capital and other unnamed investment firms all participated in the raise. WHAT THEY DO The San Diego-based company's leading product is the Cue...
Medical table with circular scanner
By Laura Lovett 03:17 pm June 4, 2020
This morning, Nanox, a startup working on a “digital X-ray system,” landed an additional $20 million in new funding, bringing the company’s total funding to $80 million. The new infusion of cash came from South Korean company SK Telcom.  This comes just months after the Israeli company announced a $26 million raise led by Foxconn.  This new investment also comes with a partnership agreement...
By MobiHealthNews 02:51 pm June 1, 2020
Healthcare voice chatbot maker Orbita has locked in $9 million as part of a Series A fund co-led by Philips Health Technology Ventures and HealthX Ventures. Cultivation Capital and Newark Venture Partners also took part.  Orbita's technology platform is employed by healthcare, life sciences and medical technology companies seeking conversational AI capabilities that can be deployed through online...
By Dave Muoio 11:30 am May 28, 2020
Bright.md, a Portland, Oregon startup offering an automated patient intake and virtual care connection platform, has closed $16.7 million in Series C funding. The oversubscribed round was headed by B Capital, Seven Peaks Ventures and Concord Health Partners, and also included support from new backers Philips Health Technology Ventures and UnityPoint Health Ventures. WHAT THEY DO Bright.md's...
By Dave Muoio 03:23 pm May 27, 2020
Higi, the maker of health kiosks found in retail pharmacies and groceries, has raised $30 million in a new funding round led by symptom-check chatbot service Babylon Health. The raise also included participation from Higi's prior backers, including 7Wire Ventures, Flare Capital Partners, Jumpstart Capital, Rush University Medical Center for Health and William Wrigley Jr. WHAT THEY DO Higi's...
By Dave Muoio 12:21 pm May 26, 2020
insitro and Exscientia, two platforms using artificial intelligence to drive the discovery of new drugs, announced this morning the raise of $143 million and $60 million, respectively, from investors. insitro's oversubscribed Series B round was headed by Andreessen Horowitz, and joined by new backers Canada Pension Plan Investment Board, T. Rowe Price Associates, BlackRock, Casdin Capital, HOF...