December 18, 2020
Alphabet’s life sciences and healthcare subsidiary Verily has raised $700 million in an investment round funded by its existing investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others.
WHAT IT DOES
Verily serves as Alphabet’s research arm that develops tools and devices to collect, organize and activate health data. It also creates interventions to prevent...
February 10, 2020
This morning Iora Health, a tech-enabled primary care provider that focuses on the Medicare population, raised $126 million in new Series F funding. The round was led by Indian firm Premji Invest with participation from Cox Enterprise, Temasek F-Prime Capital, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners and Khosla Ventures.
This new comes roughly two years after...
January 8, 2020
Online fitness membership platform ClassPass announced this morning the close of a hefty $285 million Series E investment round that, according to a spokesperson, propels the New York-based company’s valuation past the $1 billion mark.
The new raise was led by L Catterton and Apax Digital, while prior backer Temasek also made an appearance. As a result of their participation, L Catterton’s Marc...
July 27, 2018
Online fitness membership platform ClassPass has scored $85 million in a Series D funding round led by Singapore company Temasek, with participation from L Catterton's Growth Fund.
“Fitness has become more personalized, and ClassPass represents an opportunity to invest behind a market leader that is well positioned for growth,” Michael Farello, co-managing partner of L Catterton Growth Fund, who...
June 19, 2017
New York-based ClassPass, a virtual fitness membership network, has raised $70 million in Series C funding in a round led by Temasek. Existing investors Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also contributed to the funding, which ClassPass will use to expand operations and develop new products.
ClassPass, which was founded in 2013, uses an app to connect users to fitness...
June 13, 2017
Hello, a heavily hyped and funded Silicon Valley company focused on passive sleep monitoring, is shutting down according to multiple media reports and a medium post from founder James Proud. Hello's Sense device raised $2.4 million in a landmark crowdfunding campaign in 2014 and followed that with a total of $40 million in venture funds from Singapore investment firm Temasek and a slew of high...
January 26, 2017
Verily, the Alphabet subsidiary formerly known as Google Life Sciences, raised $800 million in funding today from Temasek, a Singapore-based investment company. Temasek will take a minority stake in the company and nominate a member to the company's board.
“Temasek has a history of thoughtful and enduring capital investments, including in life sciences and healthcare, and this commitment to a...
October 13, 2016
Cambridge, Massachusetts-based healthcare provider Iora Health, which offers digitally-enabled primary care services focused on senior citizens, has closed a $75 million Series D funding round. Led by Singapore-based Temasek, the round also included existing investors .406 Ventures, Flare Capital Partners, F-Prime Capital, GE Ventures, Khosla Ventures, Polaris Partners and Rice Management Company...
June 16, 2015
San Francisco-based startup Hello has raised $20 million in a round led by Singapore-based investment firm Temasek for its sleep tracking, bedside orb, Sense, according to the Financial Times. This brings the company's total funding to $30.5 million, though Hello expects its most recent round to eventually reach $40 million.
The company raised $10.5 million less than a year ago from former PayPal...