Investing

Equip uses virtual family-based treatment to help children, teens and young adults overcome eating disorders.
By  Mallory Hackett 10:00 am February 10, 2021
Equip, a virtual eating disorder treatment program, has closed a Series A financing round worth $13 million led by Optum Ventures. The round also had participation from new investor .406 Ventures and existing investor F-Prime Capital, which led Equip's previous seed round. Together, the rounds bring Equip's total funding to $17 million. WHAT THEY DO Equip uses virtual family-based treatment (FBT...
By  Dave Muoio 03:22 pm February 9, 2021
Theator, a Palo Alto company building an AI and computer vision platform for surgeons, has brought in a $15.5 million Series A round. Insight Partners led the raise, which also included new backer Blumberg Capital, prior investors NFX, StageOne Ventures, KdT Ventures, iAngels and a slew of individual investors. Theator's platform focuses on streamlining pre-operative preparations and post-...
By  Dave Muoio 02:47 pm February 8, 2021
Late Friday, New York City-based health insurance company Oscar Health unveiled plans to kick off an initial public offering. The tech-enabled company will list on the New York Stock Exchange under the symbol OSCR. Oscar temporarily listed the size of the offering as $100 million, although that value could change as the company hammers out the quantity of shares and price range it will be...
Plume Health welcome screen on smartphone
By  Laura Lovett 01:19 pm February 8, 2021
Colorado-based digital health startup Plume landed $14 million in Series A funding for its virtual platform designed to help members of the transgender community find health services. Craft Ventures led the round with participation from General Catalyst, Slow Ventures and Town Hall Ventures. This comes roughly a year after the company launched its product to the public with a focus on gender-...
digial triage, eConsult
By  Sophie Porter 01:19 am February 8, 2021
Digital triaging service eConsult has closed a new funding round of £7m which will support the growth of the platform, both in its existing services and into new areas. Currently used to triage primary and secondary care patients, the service will expand into urgent care with a triaging service for Emergency Departments. The funding was led by Gresham House Venture and Calculus Capital, a leading...
The deal values 23andMe at approximately $3.5 billion through the combination of stock and cash financing.
By  Mallory Hackett 11:56 am February 4, 2021
Consumer genomics platform 23andMe is on its way to becoming a publicly-traded company through its merger with VG Acquisition Corp., a special purpose acquisition company sponsored by Virgin Group. The two companies announced today they have entered into a definitive merger agreement that is expected to close in the second quarter of this year. Once completed, the combined companies’ stock will...
Telemedico, Flashpoint VC, remote health
By  Sophie Porter 03:21 am February 4, 2021
Polish telemedicine company Telemedico has closed a Series A funding round of €5.5 million to expand the functionalities of its SaaS platform. The platform offers services including chat, video and telephone consultations with a doctor, AI-powered triaging, medical data storage and an online booking system for in-person appointments and blood tests. The funding was led by Flashpoint Venture...
Stacks of gold coins
By  Laura Lovett 02:48 pm February 3, 2021
Medical research and clinical collaboration platform Flywheel announced the close of its $15 million in Series B funding round. Venture firms Beringea and 8VC led the round with participation from Novartis dRx Capital, Hewlett Packard Enterprise, Great North Labs, iSelect and Argonautic Ventures. WHAT IT DOES The company is focused on the research industry, including the life sciences space,...
A Bot MD app screen on a smartphone
By  Laura Lovett 11:38 am February 3, 2021
Singaporean startup Bot MD landed $5 million for its artificial intelligence-enabled clinical assistant. Monk’s Hill Ventures led the round with participation from SeaX, XA Network, SGInnovate and individual investors. This builds on the company’s $700,000 investment from Y Combinator and angel investors in 2018. WHAT IT DOES The technology was designed to work as a chatbot to help answer doctor’...
By  Laura Lovett 03:01 pm February 2, 2021
This morning LGBTQIA+ focused digital health provider Folx Health scored $25 million in new financing. Bessemer Venture Partners led the round with participation from Define Ventures and Polaris. Founded by former Optum VC, A.G. Breitenstein, this comes just months after the company announced its $4.4 million seed funding. Folx is kicking off its offerings with a Hormone Replacement Therapy plan...