Left to right: Barnaby Perks, CEO of Oxford VR, and Ash Patel, Optum Ventures principal; Credit: Oxford VR
February 12, 2020
British firm Oxford VR has secured £10 million in a Series A funding round led by Optum Ventures, with support from Luminous Ventures. Existing backers Oxford Sciences Innovation, Oxford University Innovation and GT Healthcare Capital Partners also participated.
WHAT THEY DO
Oxford VR, a spinout from the department of psychiatry at the University of Oxford, was founded in 2017. It builds on two...
September 17, 2019
This morning digital physical therapy company Kaia Health announced an $8 million funding round led by United Health’s venture arm Optum Ventures. This comes seven months after the company announced that it scored $10 million in a Series A funding round led by Balderton Capital.
WHAT THEY DO
Kaia Health got its start with a digital physical therapy platform for back pain, which guides users...
September 10, 2019
Vim, maker of a tech platform enabling value-based care for health plans and providers, has raised $24 million in a Series B round led by Optum Ventures and Premera Blue Cross. Great Point Ventures, Sequoia Capital and Leverage Health Solutions have also backed the company.
WHAT THEY DO
Vim offers a patient-facing appointment booking platform that can be integrated onto payer and provider sites...
June 5, 2018
It’s no secret investors have been pouring billions of dollars into digital health companies, and it seems the life sciences sector has taken notice.
Today at BIO 2018 in Boston, a panel of investors sat down to take the pulse of the digital health industry and give their thoughts on the booming (and potentially crowded) market.
“The bottom line is that an immense amount of money has gone into...
March 28, 2018
Dublin, Ireland and New York City-based LetsGetChecked has raised $12 million in first round funding to support the development of its end-to-end at-home lab test business. Optum Ventures led the round, and Chinese VC firm Qiming Venture Partners also contributed.
“We started in the UK where everything’s free, you know?” founder Peter Foley told MobiHealthNews. “So we demonstrated that people...
November 29, 2017
Optum on Tuesday launched the venture fund Optum Ventures, which has $250 million to invest in digital health startup companies.
The venture fund will invest in companies that use data and insights to help improve consumers’ access to healthcare services and how care is delivered and paid for, according to a statement from UnitedHealth Group, Optum’s parent company.
Optum CEO Larry Renfro is...
June 19, 2017
Mindstrong Health, the mental health startup that former NIMH director Dr. Thomas Insel left Verily for last month, has raised $14 million. Foresite Capital and ARCH Venture Partners led the round, with additional participation from Optum Ventures, Berggruen Holdings, and the One Mind Brain Health Impact Fund.
Although it has been reported that Insel left Verily to start Mindstrong, the startup...