August 18, 2014
Welkin Health's iOS app.
Digital health accelerator Rock Health announced this week that it has added a half dozen new startups, along with three new corporate partners that will support portfolio companies through mentorship and other forms of guidance.
Rock Health companies receive a $100,000 in investment and a variety of other perks during their stay in the program, including support from...
June 30, 2014
In the first half of 2014, digital health funding reached $2.3 billion, according to a report from accelerator Rock Health. The report included data from 143 digital health companies that have raised over $2 million during the past six months.
Funding in the first two quarters of 2014 surpassed total funding for all of 2013, which was $1.97 billion. Deal growth was driven by early-stage companies...
June 17, 2014
San Francisco-based Augmedix, one of several startups developing Google Glass software and modifications for hospital use cases, has raised $7.3 million in a round led by DCM and Emergence Capital Partners. This includes the $3.2 million the company announced in March, and $4.1 million in additional new funding. The company also announced two other milestones: it has been named a certified Glass...
June 16, 2014
Four months after pregnancy tracking app developer Wildflower Health launched a program for Wyoming Medicaid beneficiaries, the startup reported that nearly 70 percent of enrollees are using the app's main features. The app's monthly retention rates are at 80 percent.
Wildflower Health has reached close to one third of estimated Medicaid pregnancies in Wyoming.
In Wyoming, the app used is offered...
June 10, 2014
Venture funding for biosensing wearables, reached $282 million in 2013, five times what it was in 2011, according to a recent report and webinar from Rock Health. The report also points out that in that same period of time, funding for digital health as a whole doubled.
Although Jawbone has raised a significant amount of money, Rock Health does not include the company in its funding report...
June 2, 2014
Proteus Digital Health has raised $120 million from new, undisclosed investors described as "major new institutional investors based in the United States, Europe and Asia." The company will use the funding to continue its plans to commercialize its ingestible sensor system at scale, as well as to continue demonstrating the value of the technology on health outcomes and costs.
The Proteus digital...
May 20, 2014
Rock Health has announced its sixth class of startups. These seven startups have been working out of the new office of the San Francisco-based digital health accelerator for five months, but were just announced by the accelerator. Like other recent classes, they received a $100,000 in investment and a variety of other perks during their stay in the program.
Some startups are still in stealth mode...
April 22, 2014
Instructional video fitness app maker Fitnet raised $1.4 million from Valleys’ Ventures and CIT Gap Funds for its fitness app, Fitnet. Before this funding round, Fitnet was awarded a $300,000 grant from the National Science Foundation and with some startup capital from the founder, the company's total funding to date is just under $2 million.
Fitnet's iOS apps offers users guided workouts that...
April 15, 2014
Consumer-focused health technology companies raised $398 million from 103 investment deals in the first quarter of 2014, according to a report from Mercom Capital Group.
When Mercom Capital Group broke this category down further, it found the majority of the funding came from mobile health companies, which raised $198 million in 61 deals. The second highest total was from telehealth companies, $...
April 7, 2014
Wellframe, a Boston-based patient engagement and care management technology company, has raised $1.5 million in seed funding from a bevy of high profile investors and entrepreneurs, such as athenahealth CEO Jonathan Bush. Other investors in the round include Tim Draper, founder and managing director of Draper Fisher Jurvetson; Sir Sabaratnam Arulkumaran, president of the British Medical...