Funding and IPOs

By Dean Koh 10:33 pm February 23, 2020
Brisbane, Australia-based public company ResApp, which creates smartphone apps for the diagnosis and management of respiratory diseases, announced last week that it has received firm commitments from institutional and sophisticated investors to raise $5 million. The funds raised will be used to accelerate European commercialization and for general working capital. The placement received strong...
By Laura Lovett 11:33 am February 21, 2020
Yesterday morning telemedicine company Cloudbreak Health announced that it scored $10 million in investments from Columbia Partners Private Capital.  WHAT THEY DO Cloudbreak Health combines telehealth and integrated language services aimed at helping patients with limited English proficiency or who are hard of hearing. The platform looks to provide patients with speciality care such as psychiatry...
By Laura Lovett 02:51 pm February 20, 2020
This morning workforce management system IntelyCare raked in $45 million in its Series B funding round. The total funding number was made up of equity and debt financing. Endeavour Vision led the round with participation from Kaiser Permanente Ventures and Generator Ventures.  WHAT THEY DO  The company focuses on matching nurses and certified nursing assistants with acute healthcare facilities...

The Okadoc team (pictured above) made the announcement at the STEP conference earlier this month

By Leontina Postelnicu 06:11 am February 20, 2020
Okadoc, maker of a doctor booking platform, has raised $10 million from the Abu Dhabi Investment Office, Ithmar Capital Partners and other institutional and private investors, the startup announced earlier this month. WHAT THEY DO Okadoc previously secured $2.3 million in a seed funding round in 2018, the year it was founded. Its platform, which is free for patients, can be used to book and...
By Laura Lovett 01:33 pm February 19, 2020
This morning, female-focused digital clinic Maven announced a $45 million raise in a Series C round of funding. The round was led by Icon Ventures with participation from Sequoia, Oak HC/FT, Spring Mountain Capital, Female Founders Fund and Harmony Partners. It also included individual investors made up of Hollywood A-listers and tech entrepreneurs including Reese Witherspoon, Natalie Portman, ...
By Laura Lovett 11:52 am February 19, 2020
This morning Cleveland-based MedPilot, a patient financial engagement platform, landed $1.5 million in new funding. The lates list of funders includes Jumpstart, TurnCap, Northcoast Fund, Wavemaker Three-Sixty Health, Valley Growth Ventures, and Hudson River Capital Partners.  “What is awesome about this specific round is it was done by Cleveland and midwest investors,” Matt Buder Shapiro,...
By Dave Muoio 03:28 pm February 17, 2020
Healthcare data company Innovaccer announced last week $70 million in new Series C funding raised from Steadview Capital, Tiger Global, Dragoneer, Westbridge, Mubadala and Microsoft’s M12. WHAT THEY DO By using artificial intelligence and data analytics, Innovaccer’s products handle a slew of processes for healthcare organizations. Among offerings are InCare, which automatically unifies...
By Dave Muoio 03:45 pm February 13, 2020
Intuition Robotics, an artificial intelligence company that has built an in-home companion robot, has raised $36 million in Series B funding. The raise was headed by SPARX Group and OurCrowd, with additional participation from Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta. It brings the AI company’s total...
By Dave Muoio 01:29 pm February 13, 2020
CloudCath, the maker of a remote monitoring platform for catheter-based treatments, has closed a $12 million Series A financing round. Capital Integral headlined the raise, which also saw investments from FundRx, The Capital Partnership, Coconut Tree Investments, Stanford University’s StartX Fund and other unnamed strategic and individual investors. WHAT THEY DO CloudCath’s initial product is a...

Above photo: (From left) Prospection Founders Eric Chung, Peter Cronin and Ricky Chen. Credit: Prospection

By Dean Koh 12:09 am February 13, 2020
Australia-based healthcare analytics startup Prospection raised A$10 million in its first external funding round, led by Main Sequence Ventures’ CSIRO Innovation Fund and Horizons Ventures, the company announced earlier this week. The funds will be used to accelerate the company’s healthcare analytics platforms into new therapy areas, grow its artificial intelligence capabilities, and expand into...