March 5, 2015
GE Ventures and Stanford Health Care have teamed up to create Evidation Health, a company focused on evaluating the efficacy of digital health technologies. Soon after Evidation was formed it merged with wellness engagement platform company The Activity Exchange.
In January Evidation raised a little more than $6 million in funding led by GE Ventures with participation from Asset Management...
March 3, 2015
Chrono Therapeutics, a Hayward, California-based company working on a new wearable for smoking cessation and drug delivery, has received an investment from seed fund Rock Health. According to MedCity News, Rock Health has contributed $100,000. This brings the company's total funding to about $32.1 million.
Chrono disclosed its most recent round in June 2014. It included contributions from Canaan...
February 2, 2015
Eligible, which offers an API that other health tech companies use to add a streamlined insurance eligibility check feature for doctors and patients, has raised $2.3 million, according to an SEC filing.
The company raised more than $1.5 million in seed funding last year, using a combination of AngelList and SecondMarket. Backers at that time included David Lee, Esther Dyson, Anvil Capital’s...
January 5, 2015
Funding by category, from Rock Health's report
Seed investor Rock Health and digital health academy StartUp Health, two companies that track funding and other data points about digital health, are both reporting 2014 as a record-breaking funding year for digital health in multiple categories.
Rock Health places the total digital health funding for 2014 just over $4 billion, while StartUp...
December 15, 2014
Mountain View, California-based Hi.Q raised a $5.5 million seed round led by Charles River Ventures with participation from Greylock Partners, Menlo Ventures, First Round Capital, Rock Health, and Western Technology Investments, according to the Wall Street Journal.
Hi.Q was founded by Munjal Shah, who previously founded shopping website Like.com, which was acquired by Google for a reported $100...
December 11, 2014
Parents in California who have children who get chronic ear infections will soon have a more convenient way to get their kids care.
San Francisco-based CellScope, a Khosla Ventures-backed Rock Health alum, has begun taking preorders for its FDA registered smartphone-enabled otoscope, called Oto Home. The director-to-consumer device is priced at $79 and will ship in four to six weeks. A feature-...
November 3, 2014
Rock Health has raised its third fund and will up its contribution to new companies from $100,000 to $250,000, the company announced this morning. The lead investors in the fund are Bessemer Venture Partners, which is working with Rock for the first time, and long time supporter Kaiser Permanente Ventures. It includes participation from KPCB, Montreux Equity Partners, and Great Oaks Ventures.
October 2, 2014
The mobile health market is expected to be valued at $6.7 billion by the end of 2014, according to a report from research firm Visiongain.
London-based Visiongain defines mobile health as "the practice of medicine and health services, through mobile devices" and analyzed smartphone and tablet apps for its report. Apps included in the report range from free apps all the way to premium apps that...
October 1, 2014
As the third quarter of 2014 comes to an end, both Rock Health and StartUp Health have posted reports -- as they always do -- that tracked the amount of funding raked in by digital health companies over the course of the past few months and for the year so far. Rock Health has tracked $3 billion in funding for 2014, while Startup Health has tracked a whopping $5 billion. While both numbers are...
September 22, 2014
Funding for digital health startups will reach $6.5 billion by the end of 2017, up from $3.5 billion in 2014, according to a recent report from consulting firm Accenture. Digital health funding last year topped $2.8 billion.
“A digital disruption is playing out in healthcare that will change social interactions, alter consumer expectations and, ultimately, improve health outcomes,” Accenture...