funding

By Laura Lovett 04:08 pm May 21, 2018
Eye telemedicine company Simple Contacts announced it raked in $16 million in Series B funding at the end of last week. The latest round, which was led by Waypoint Capital Partners with participation from returning investors Goodwater Capital, Steven Cohen, executives from Flatiron Health and a number of ophthalmologists, brings the company’s total funding to $26 million.  The company allows...
By Laura Lovett 04:12 pm April 16, 2018
Digital physiotherapy company Sword Health has brought in $4.6 million in a seed funding round led by Green Innovation, Vesalius Biocapital III, and other unnamed US and European investors.  Sword Phoenix is a platform that uses artificial intelligence to understand each patient's needs, and provide responsive feedback during treatment and remote guidance from clinical teams, according to its...
By Laura Lovett 09:35 am April 4, 2018
Consumer health software service company Welltok just announced it raked in $75 million in Series E2 funding. This round included new investors Future Fund Management Agency, Ziff Davis, NF Trinity Capital (Hong Kong) Limited and ITOCHU Corporation, as well as existing investors.  "We are continuing to invest in product development, expansion in new market segments and integration of other...
By Laura Lovett 02:43 pm April 3, 2018
Last week on-demand healthcare concierge for provider employers Accolade received $50 million in funding led by Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group, and McKesson Ventures, with participation from Cross Creek Advisors and Madera Technologies.  The company plans to use the money to grow its workforce, look at new market opportunities, and expand its Personalized...
By Laura Lovett 03:38 pm March 28, 2018
A diabetes startup that uses artificial intelligence, Bigfoot Biomedical, has just announced that it scored a total of $55 million in Series B equity financing with new investments from Abbott and other existing funders. This funding is the culmination of earlier round funding that the company has been raising since late last year, including $37 million that it raised in December and an...
By Laura Lovett 09:47 am January 8, 2018
Boston-based telemedicine provider American Well  announced today that it landed $59.2 million in funding from insurer and asset manager Allianz Group's digital investment unit, Allianz X. “Allianz X’s investment with American Well will result in better access, lower cost, and more connected care for our customers through a leading-edge health platform,” Solmaz Altin, chief digital officer of...
By Dave Muoio 11:38 am September 25, 2017
PatientSafe Solutions, the San Diego, California-based developer of the PatientTouch workflow-optimizing platform, announced that it has secured $25 million in its latest round of funding. Private investment firm HighBar Partners was the primary contributor, with additional capital coming from the Merck Global Health Innovation Fund, Camden Partners, Psilos Group, and TPG. PatientTouch is a...
By Dave Muoio 04:48 pm September 20, 2017
Correction: Due to a lack of clarity in the original SEC filing, this article originally overstated Analyte's new funding. The $26.8 million we originally reported included exchanged securities from prior investments into the company. Analyte Health, a Chicago-based lab networking platform active in telehealth, has raised just over $3 million, according to a recent SEC filing. The document lists...
By Dave Muoio 10:45 am September 15, 2017
DreamJay, a San Francisco- and Warsaw, Poland-based sleep app developer, announced today that it has raised $2.3 million in Series A funding. Investors include the Joint Polish Investment Fund (JPIF), Poland’s largest life science venture capital fund, and Nordic Makers, a Swedish fund. The newly acquired capital will be used to continue development of Nightly, DreamJay’s unreleased app, and...
By Jeff Lagasse 02:03 pm September 5, 2017
Behavioral health technology company AbleTo secured $36.6 million in financing last week, led by Bain Capital Ventures, and all of its existing investors -- 406 Ventures, Sandbox Industries, HLM Venture Partners, and Horizon Healthcare Services -- participated in the Series B round as well. Strategic investor Aetna also chipped in.   With the fresh investment, AbleTo plans on turbocharging the...