June 26, 2020
Health insurtech company Oscar Health scored a whopping $225 million in Series C funding from Google’s parent company Alphabet, General Catalyst, Khosla Ventures, Lakestar, Thrive Capital and Baillie Gifford.
This comes roughly two years after the company announced a $165 million funding round led by Brian Singerman and Founders Fund.
WHAT THEY DO
The company offers direct-to-consumer health...
May 15, 2020
Earlier this week digital substance-abuse-recovery platform Ophelia landed $2.7 million in seed funding, according to Forbes reports. The latest round was led by General Catalyst, Refactor Capital and Y Combinator.
WHAT THEY DO
Ophelia focuses on helping folks with an opioid use disorder quit. Patients first are required to go to an in-person visit with a physician in order to get a...
April 7, 2020
On Monday morning, behavior health company SonderMind scored $27 million in its Series B funding round. General Catalyst led the round with participation from F-Prime Capital, Kickstart Seed Fund, Diōko Ventures and Jonathan Bush.
WHAT THEY DO
The Denver, Colorado-based company helps link up patients and therapists based on specific needs and geographic location. The tool checks to make sure...
March 31, 2020
Olive, an artificial intelligence company tackling healthcare administration tasks, has closed $51 million in a funding round led by General Catalyst. Also participating in the raise were the company's existing backers Drive Capital, Oak HC/FT, Ascension Ventures and other unnamed investors.
WHAT THEY DO
Olive's "AI Workforce" is designed to automate a selection of tedious, high-volume...
April 11, 2018
Digital chronic disease management company Livongo has raised $105 million in new Series E funding, mostly from existing investors. The company also announced a partnership with nonprofit health insurance company Cambia Health Solutions. General Catalyst and Swedish investment company Kinnevik led the round, with additional participation from existing investors DFJ, Kleiner Perkins Caufield...
November 2, 2017
Roman, an online men's health platform initially focused on erectile dysfunction, launched this week with $3.1 million in funding. General Catalyst led the round, with participation from Initialized Capital, Box Group, and Slow Ventures. The company also announced a number of angel investors including Casper CEO Philip Krim, Bark CEO Matt Meeker, WayUp CEO Liz Wessel, Code Academy CEO Zach Sims,...
June 19, 2017
New York-based ClassPass, a virtual fitness membership network, has raised $70 million in Series C funding in a round led by Temasek. Existing investors Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also contributed to the funding, which ClassPass will use to expand operations and develop new products.
ClassPass, which was founded in 2013, uses an app to connect users to fitness...
March 16, 2017
Technology-enabled diabetes management company Livongo Health has raised $52.5 million in new funding in a round co-led by General Catalyst, an existing investor, and international investment company Kinnevik. Other investors included Microsoft Ventures, American Investment Holdings, and EDBI, a Singapore-based fund whose portfolio includes WellTok, GoBalto, and Sotera Wireless. All previous...
December 15, 2016
San Francisco-based PatientBank, which makes an online medical record storage and retrieval platform, has raised $2.2 million in seed funding led by General Catalyst and Khosla Ventures. SV Angel, Spectrum 28 and Data Collective also contributed to the round.
PatientBank a graduate of Y Combinator, was created to help people gather and share medical records online. Users can order from any doctor...
October 31, 2016
Some of the biggest challenges for digital health companies today are engagement, navigating the many stakeholders in healthcare, and the approaching but gradual advent of AI and automation, according to a panel of investors who spoke last week at Partners Connected Health Symposium in Boston, Massachusetts. The panel was moderated by Lee Shapiro, a managing partner at 7wire Ventures.