Founders Fund

By Jonah Comstock 12:03 pm April 20, 2015
An Oscar-branded Misfit Flash device. New York City-based health insurance startup Oscar raised $145 million in a round led by Peter Thiel and Brian Singerman from Founders Fund. Other contributors to the round include new investors Li Ka-shing of Horizons Ventures, the Wellington Management Company and Goldman Sachs, in addition to all existing investors, a group that includes Box Group, ...
By Aditi Pai 06:36 am March 4, 2015
New York City-based SOLS, maker of 3D printed insoles, has raised $11.1 million from Tenaya Capital and Melo7 Tech Partners as well as existing investors Founders Fund and Lux Capital. This brings the company's total funding to date to $19.3 million since SOLS launched in July 2013. SOLS has developed a tablet-based app for providers that instructs them to take three pictures of a patient's feet...
By Brian Dolan 08:00 am December 2, 2014
Misfit, maker of the activity tracking devices Shine and Flash, has raised $40 million from China-based strategic investors ecommerce giant JD.com and smartphone maker Xiaomi. Other new investors in the round include GGV Capital, which led the round, and Shunwei. Misift’s existing investors Founders Fund, Khosla Ventures, Horizons Ventures, and Norwest Venture Partners also participated. The...
By Aditi Pai 10:52 am August 6, 2014
San Francisco-based Practice Fusion, which offers electronic health records and patient management software company, has acquired after-hours virtual visits company Ringadoc for an undisclosed sum. Los Angeles-based Ringadoc was originally incubated in Practice Fusion's San Francisco offices around the same time as another startup, 100Plus. Both startups received an angel investment from Practice...
By Aditi Pai 09:42 am June 10, 2014
Venture funding for biosensing wearables, reached $282 million in 2013, five times what it was in 2011, according to a recent report and webinar from Rock Health. The report also points out that in that same period of time, funding for digital health as a whole doubled. Although Jawbone has raised a significant amount of money, Rock Health does not include the company in its funding report...
By Brian Dolan 03:27 am January 31, 2013
This week San Francisco-based Ringadoc announced an additional $450,000 in funding, which combined with its $750,000 from last year brings its total seed round funding to $1.2 million. The round was led by Founders Fund's FF Angel and includes contributions from Practice Fusion CEO Ryan Howard but the additional funding comes from angel investor Sharon Knight, former president of concierge-style...
By Brian Dolan 03:04 am May 8, 2012
Recent months have brought a flurry of industry metrics, market predictions, investment rounds, research announcements and more that have fueled the rising trend of wearable health devices. This past February MobiHealthNews reported on market predictions made by ABI Research: In five years the number of wearable wireless health and fitness devices will hit 169.5 million. That’s up from almost 21...
By Brian Dolan 06:51 am December 14, 2011
San Francisco-based Life360, which develops mobile applications focused on family, raised $3.5 million in its first round of funding. Investors included Fontinalis Partners, Bessemer Venture Partners, 500 Startups, Kapor Capital, Venture51, Bullpen Capital, Social Leverage and EchoVC Partners. Life360 formed following Hurricane Katrina, which its founding members said turned "many families......
By Brian Dolan 06:52 am July 27, 2011
Azumio, the startup formed by Bojan Bernard Bostjancic and Peter Kuhar, who developed the popular Instant Heart Rate app, has raised $2.5 million in venture funding from Founders Fund, Accel Partners and Felecis Ventures. The startup plans to expand its product line, which stands at three apps: Stress Check, Stress Doctor and Instant Heart Rate. Instant Heart Rate uses the smartphone's camera to...