July 23, 2019
Flare Capital Partners has closed a second health tech investment fund totaling $255 million, a $55 million bump over its original target of $200 million due to interest from new strategic and financial investors, the venture capital firm announced today.
“The logic for the size of the fund was really important,” Michael Greeley, general partner at Flare Capital Partners, told MobiHealthNews. “We...
July 8, 2016
As we do every quarter, MobiHealthNews has rounded up our Q2 2016 coverage into a handful of longform stories. This section is on funding. In the second quarter of 2016, MobiHealthNews tracked funding for health tech companies that totaled about $500 million, not including an $80 million raise from tech-savvy health insurance company Bright Health, which is given an honorable mention at the end...
May 31, 2016
Thanks to big $100 million-plus deals from digital health companies like Oscar, Flatiron Health and Jawbone, the amount of venture capital flowing into digital health during the first three months of the year puts 2016 on track to be a record year for funding. Digital health companies raised slightly more than $2 billion in Q1, according to CB Insights. Because of different scopes and definitions...
July 1, 2015
SmartSpot, which has developed an interactive video-based offering for gyms that instructs members how to work out properly, raised $1.85 million from Khosla Ventures and Signalfire, according to TechCrunch.
The company uses 3D cameras to analyze the way a person performs exercises, and provides near real-time feedback about how to get the most out of the exercise. The device is a fixed...
June 15, 2015
Gwen Hines, RN, Practice Administrator, Atlantic Adult & Pediatric Medicine, an Aledade partner
Bethesda, Maryland-based, tech-enabled accountable care company, Aledade, has raised $30 million in venture funding led by return backer ARCH Venture Partners with participation from its other existing investor Venrock. The company raised $4.5 million in its first round last summer, which is...
May 7, 2015
San Bruno, California-based CareLinx, which offers a service to connect seniors with caregivers, has raised an additional $1 million from Generator Ventures and Ziegler Link-age Longevity Funds. This brings the company's total funding to at least $5.2 million. An SEC filing explains that this amount includes $2.1 million in forgiveness of debt.
Families can use CareLinx's service to browse ...
April 8, 2015
Atlanta-based Sharecare, the health and wellness engagement platform founded by WebMD founder Jeff Arnold and television personality Dr. Mehmet Oz, has raised $20 million from Wellington Management Company. Additionally, Sharecare picked up a $5 million investment from Trinity Health (formerly CHE Trinity), a healthcare system that has been investing in Sharecare since 2013. The two investments...
March 23, 2015
Some 6 percent of venture-backed digital health companies have female CEOs, according to the latest Rock Health State of Women in Healthcare report.
Additionally, women make up 21 percent of board members as Fortune 500 healthcare companies, 27 percent of board members at top 100 hospitals, and 34 percent of executives at top 100 hospitals.
The dearth of women in digital health is particularly...
March 18, 2015
Phoenix, Arizona-based Orb Health has raised $650,000 from incubator Health Wildcatters, Green Park and Golf Ventures, and others, according to a post from MedCity News.
Orb Health has developed a platform that helps patients and providers access a patient's lab data and wearable device health data. Patients can use the platform to sync data from their wearable devices and access their lab test...
March 11, 2015
After closing its second round of funding a few months ago, a $6 million round, San Diego-based Independa has raised a total of about $11 million over the years for its television-based, health engagement offering for seniors. The company has inked strategic partnerships with TV-maker LG and mobile device giant Samsung in recent years, and is currently signing up channel partners to drive sales...