Excel Venture Management

By Jonah Comstock 03:42 pm September 11, 2018
InfoBionic, a Lowell, Massachusetts-based remote patient monitoring company, has raised $50 million in a new round of funding. Eagle Investments, Excel Venture Management, Safeguard Scientifics, Zaffre Investments (a subsidiary of Blue Cross Blue Shield of Massachusetts), and Blue Cross and Blue Shield of Kansas all contributed to the round. This round brings the company's total funding up to at...
By Jonah Comstock 04:42 pm November 3, 2016
Digital nutrition platform Zipongo has raised $18 million in new funding and will use the funding to continue to move more deeply into the healthcare space. The round was led by Mayfield (whose other health investments include Basis Science, HealthTap, Lantern, Brighter, and Finrise), with participation from existing investors including Excel Venture Management.  Zipongo's platform consists of a...
By Aditi Pai 09:51 am March 1, 2016
Baltimore, Maryland-based WellDoc has announced a collaboration with LifeScan, a Johnson and Johnson company that makes blood glucose meters. WellDoc also raised an additional $7.5 million from Johnson & Johnson Innovation and other investors, bringing the company’s total funding in its most recent round to $29.5 million.  Existing investors include Samsung Ventures, Merck Global Health...
By Aditi Pai 10:04 am December 17, 2015
Baltimore, Maryland-based WellDoc has raised $22 million in a round led by Samsung Ventures and Merck Global Health Innovation (GHI) Fund with participation from Adage Capital Management, Excel Venture Management, Alexandria Venture Investments and Hudson River Capital Partners. The company will use the funds to focus on growing adoption of its flagship offering, BlueStar, an FDA-cleared mobile...
By Aditi Pai 07:59 am August 5, 2015
Lowell, Massachusetts-based remote patient monitoring company InfoBionic has raised $8 million led by existing investor Safeguard Scientifics. Other existing investors also contributed to the round, including Excel Venture Management and Zaffre Investments, a subsidiary of Blue Cross Blue Shield of Massachusetts. When InfoBionic raised a previous funding round, in November 2014, the company...
By Aditi Pai 10:31 am April 8, 2015
Vancouver-based Ayogo has raised $2.5 million from Merck Global Health Innovation Fund (GHI), Excel Venture Management, and 7Wire Ventures for it's patient engagement offering, an app called Empower. The app, designed for providers and pharma companies, helps patients with chronic conditions stick to their care plans. Patients can use the app to set their own goals, track their health and...
By Aditi Pai 05:42 am November 11, 2013
Providence, Rhode Island-based ShapeUp raised $7.5 million from venture capital firms Cue Ball Capital and Excel Venture Management. The company will use the money to further develop and launch its mobile capabilities. The company offers a social wellness program for companies and engages employees through team workout challenges that are six or eight weeks long, tracks team progress to encourage...
By Brian Dolan 12:53 pm June 2, 2010
Excel Venture Management and angel investors have provided $2.3 million in seed funding for San Francisco-based Snaptic, maker of the 3Banana note-taking app for Android and iPhone smartphones.  What attracted the investors to Snaptic? According to a report in Venture Wire, the app's ability to help users record and keep information on their fitness, diet and health was the reason, Snaptic's CEO...