digital health IPO

By Jonah Comstock March 7, 2019
It's been a while since the digital health space has seen an IPO. But that's about to change, according to The Wall Street Journal, which reports that chronic disease management startup Livongo Health is planning to go public this year.  According to the Journal, the company has hired Morgan Stanley, Goldman Sachs and JPMorgan Chase as underwriters, and is looking towards a valuation over $1...
By Jonah Comstock February 2, 2017
Ontario-based PointClickCare, which makes a cloud-based EHR platform and other software solutions to advance senior care -- and recently launched a provider-facing app -- has raised $85 million in new funding. Dragoneer Investment Group led the round with participation from existing investor JMI Equity. “The macro demographics of the aging population, combined with a market-wide shift in payment...
By Aditi Pai March 15, 2016
Israel-based LabStyle Innovations, maker of a smartphone-connected glucometer called Dario, has launched the device in the US, Dario secured its FDA 510(k) clearance in December. "The US is the world's largest market for glucose monitoring and the launch of national availability represents a transformative achievement not only for Dario, but more importantly for users," LabStyle Innovations CEO...
By Jonah Comstock January 14, 2016
Senseonics, a Germantown, Maryland-based company working on a longterm implantable continuous glucose monitor, has filed to go public with an IPO that, for now at least, is valued at $51.75 million.  Senseonics singular offering is a pill-sized sensor that is entirely implanted in the user’s upper arm so that it can continuously monitor their glucose levels. The device is meant to last at least...
By Jonah Comstock August 19, 2015
Adherium Limited, a New Zealand company working on a smart inhaler, has raised $25.6 million ($35 million AU) in an initial public offering on the Australian Securities Exchange, including a $3 million investment from its partner pharma company AstraZeneca, which just last month announced a longterm commercialization agreement with the company. Adherium makes a line of medical devices that...
By Aditi Pai June 18, 2015
Dallas, Texas-based video visits company Teladoc has updated its IPO filing, which now discloses that the company plans to raise $119 million in its IPO, if it is priced at the high end of its range. Teladoc will price its shares between $15 and $17. Its underwriters could raise up to an additional nearly $18 million, making for an IPO valued at as much as $136.9 million. The company plans to ...
By Aditi Pai May 19, 2015
Jawbone's UP2 device Some 20 percent of investors said they expect Jawbone to go public this year, according to a Rock Health survey of 43 investors. Jawbone has raised an estimated $725 million, the seed fund reported. Rock Health released the survey just a few weeks after activity tracker company Fitbit filed the initial paperwork that puts it on the path for an IPO. In the company's filing...
By Brian Dolan January 22, 2015
Jawbone UP3 A pair of (worthwhile but lengthy) features running in Fortune and Forbes this week offered up an in-depth look at 16-year-old health and fitness tracking company Jawbone, makers of the UP line of wearable wristbands. Fortune chronicled Jawbone's transformation from a Bluetooth earpiece device maker, to big name wireless speaker company, to a leading fitness tracker maker. The...
By Jonah Comstock January 5, 2015
Funding by category, from Rock Health's report Seed investor Rock Health and digital health academy StartUp Health, two companies that track funding and other data points about digital health, are both reporting 2014 as a record-breaking funding year for digital health in multiple categories. Rock Health places the total digital health funding for 2014 just over $4 billion, while StartUp...
By Aditi Pai June 25, 2014
Doctor appointment booking platform ZocDoc is working on raising an additional $152 million, which market research firm VC Experts valued at $1.6 billion, according to a report from Fortune. ZocDoc has raised at least $95 million to date. Former ZocDoc investors include DST Global and Goldman Sachs. Fortune reported that DST Global may also be contributing to this larger round. Citing details...