August 6, 2018
New York City-based Peloton has raised another $550 million in financing to support its connected home exercise equipment and virtual workout class business. With this Series F round, Peloton’s total funding is just shy of $1 billion raised.
The round was led by TCV, with support from returning investors Tiger Global, True Ventures, Wellington Management, Fidelity, NBCUniversal, Kleiner Perkins,...
May 9, 2018
Slavitt's new gig. Former CMS Administrator Andy Slavitt is heading up Town Hall Ventures, a new healthcare investing group that officially launched yesterday. Slavitt will be joined by Trevor Price, founder of Oxeon Holdings, a retained executive search and investment firm; and David Whelan, who managed Oxeon's previous firm Oxeon Ventures. The firm already has several investments including...
June 22, 2017
Virtual reality has moved from science fiction to marketable consumer product astonishingly quickly, partly because the incorporation of the smartphone into the technology makes it accessible, if not ubiquitous. It’s looking more and more like those who bet that virtual reality is here to stay, and not a flash-in-the-pan trend, made the smart bet.
But what about in healthcare? Could a...
May 25, 2017
Peloton, the New York City-based technology company that has seen impressive success combining exercise bikes with tablets to create virtual cycling classes, has raised an additional $325 million in late stage funding. The investment brings the company's total funding to nearly $445 million and brings its valuation to $1.25 billion, which makes the virtual fitness company officially a "unicorn"....
January 4, 2017
It’s been a busy week for Fitbit. The San Francisco-based wearable company announced four different partnerships, three of which are integrations with the Works with Fitbit ecosystem.
Habit, the Campbell’s Soup-backed personalized nutrition startup that uses data from genetic tests and individual’s health and fitness goals to create tailored diet and exercise plans, will now incorporate Fitbit...
January 27, 2016
Health 2.0's digital health funding numbers for 2015 are out and they're right in the middle of totals released so far, at $4.75 billion. Rock Health had pinned the number at $4.3 billion and both CB Insights and StartUp Health had pegged it at $5.8 billion. As usual, this relates to a range of different definitions of just what constitutes digital health.
But not only do the numbers differ,...