January 31, 2020
Tech-enabled primary care business 1Life Healthcare — better known by its brand name, One Medical — hit the public market Friday after announcing the sale of 17.5 million shares at $14 each. This pricing alongside the roughly 122 million outstanding shares disclosed in the company’s S-1 would put One Medical’s valuation at just over $1.7 billion.
And although it’s only been on the market for a...
October 8, 2019
2019 has been the year of the digital health IPO. Reports are now circulating that tech-enabled primary care provider One Medical could be on deck.
CNBC reports that the startup has hired JP Morgan and Morgan Stanley ahead of its IPO, according to sources "familiar with the matter." When MobiHealthNews reached out to One Medical, the company declined to comment.
One Medical is a primary care...
December 17, 2018
K Health, maker of an artificial intelligence-powered app for consumer health education and linkage to primary care, announced this morning that it has closed $25 million in Series B funding.
The round was led by 14W, with additional participation from Comcast Ventures, Mangrove and other unnamed angel investors. This latest gain brings the company’s total funding to $37.5 million.
In addition, K...
October 31, 2018
98point6 — a Seattle-based startup that offers an on-demand, texting-based primary care service for consumers and plans — announced this morning that it has closed $50 million in Series C funding, bringing the company’s total backing to $86.1 million. The round was led by the Merchant Banking Division of Goldman Sachs, with additional support from the company’s prior backers.
October 30, 2018
Carbon Health, a startup developing a mobile platform for connecting patients to urgent and primary care, has merged with the Northern California-based Direct Urgent Care network.
The result is network of seven brick-and-mortar clinics caring for 40,000 active patients, all of which is supported by a connected telehealth app that also support appointment management, payments, EHR access,...
July 18, 2018
Centivo, a self-funded health plan supported by a digital platform, has brought in $34 million in a Series A funding round led by Bain Capital Ventures, the company announced today. Other backers include F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital, Grand Central Tech Ventures, Oxeon Investments, and individual investors including Jim...
July 17, 2018
Personalized health information company K Health has launched a free primary care app. Called K, the app’s AI references a history of diagnoses and treatments to deliver users an insight about how their condition would likely be treated, and can also connect users (in the New York City area) to a network of primary care providers.
Accompanying the launch was also the announcement of $12.5 million...
May 1, 2018
Seattle-based 98point6 today announced the launch of its on-demand primary care platform. Through the smartphone app, patients in 10 US states can easily receive remote care from a board-certified physician through the AI and machine learning-powered service.
“There are far too many people that aren’t getting the primary care they need, and that’s a problem. Our mission is to make primary care...