Investing

Piggy banks and stacks of coins

Photo: Kwanchai Lettanpunyaporn at Getty Images

By  Laura Lovett 02:38 pm March 22, 2021
Evidation Health, a San Mateo, California-based health analytics data company, landed $153 million in a Series E funding round led by OMERS Growth Equity and Kaiser Permanente Group Trust. McKesson Ventures and B Capital Group also participated. This comes less than a year after the company closed its $45 million Series D round. WHAT IT DOES Evidation is able to combine real-world patient data...

"1 U.S. Dollar Bill," licensed under Creative Commons Zero

By  Dave Muoio 12:32 pm March 22, 2021
Healthcare data analysis startup Komodo Health has announced a $220 million Series E funding round and a subsequent $3.3 billion valuation. The raise was headed by Tiger Global, with additional support from new backer Casdin Capital and prior investors ICONIQ Growth, Andreessen Horowitz and Silicon Valley Bank. WHAT IT DOES Founded in 2014, Komodo offers providers, pharma and other life sciences...
Stethoscope, money and a calculator.

(Photo by IronHeat/Getty Images)

12:27 pm March 22, 2021
Riva Health, a new digital cardiology platform, has come out of stealth mode to announce a $15.5 million funding round led by Menlo Ventures. Other backers included UCHealth, the University of Colorado Innovation Fund, as well as angel investors Brandon Cruz of GoHealth and Larry Gies of Madison Industries. In addition to the raise, the company added Dr. Rich Zane from UCHealth and Greg Yap from...
Piggy bank health

(Photo by Kwanchai Lerttanapunyaporn / EyeEm/Getty Images)

By  Laura Lovett 03:19 pm March 18, 2021
Kidney care company Strive Health landed $140 million in a Series B funding led by Alphabet’s growth fund CapitalG, bringing its total funding to $223.5 million. The deal is expected to give the company “unique access” to Google and Alphabet assets. Redpoint, NEA, Town Hall Ventures, Ascension Ventures and Echo Ventures also participated in the round. WHAT IT DOES The company’s platform is able...
Clarify Health

(Image: Screen shot Clarify Health website) 

By  Laura Lovett 03:07 pm March 17, 2021
Clinical analytics platform Clarify Health has scored $115 million in Series C funding. Insight Partners Spark Capital, Concord Health Partners and HWVP led the round with participation from KKR, Rivas Capital and Sigmas Group. This comes roughly two and a half years after the company landed $57 million in Series B funding led by KKR.   Clarify announced that Insight Partners Managing Director...
Care team reviewing brain scan

(Photo by Tom Werner/Getty Images)

By  Mallory Hackett 11:54 am March 17, 2021
Today Viz.ai, an artificial intelligence care coordination company, shared the closing of its Series C funding round worth $71 million. Scale Venture Partners and Insight Partners led the financing with participation from Greenoaks, Kleiner Perkins, Threshold Ventures, CRV, Innovation Endeavors and Susa Ventures. This latest round comes about a year and a half after its $50 million Series B raise...
Happify Health's health and wellness app

Image courtesy of Happify Health

By  Dave Muoio 11:40 am March 17, 2021
Happify Health, a platform for mental health and disease management programs, has brought in $73 million in funding as part of a new Series D and other "related financing." Deerfield Management Company headed the investments, which also included funds from Omega Capital Partners, ION Crossover Partners and other prior backers. WHAT IT DOES Founded in 2012, Happify is best known for digital...
Images of the Glooko app and a family

(Image: Screenshot of the Glooko.com website)

By  Dave Muoio 03:04 pm March 16, 2021
Glooko, the maker of a digital platform for managing diabetes and other chronic diseases, announced today a $30 million Series D funding round led by Health Catalyst Capital. Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic also played a part in the raise. WHAT IT DOES The Palo Alto startup's app-based platform acts as a central hub for connected monitoring devices and other...
Doctor listens to baby's heart

(Photo by Blend Images - LWA/Dann Tardif/Getty Images)

By  Laura Lovett 02:55 pm March 16, 2021
Today population health startup Unite Us announced that it has closed a $150 million Series C funding round. Iconiq Growth led the round, with participation from Emerson Collective, Optum Ventures, Transformation Capital, Define Ventures, Salesforce Ventures, Town Hall Ventures and other healthcare partners. This comes roughly two years after the company raised $35 million in Series B funding to...
mental health, HelloSelf

Credit: HelloSelf

By  Sara Mageit 05:46 am March 16, 2021
London-based brain tech startup for digital therapy services, HelloSelf has raised a £5.5 million Series A funding round from VC firm OMERS Ventures. Harry Briggs, OMERS Ventures Managing Partner will join the board. WHY IT MATTERS In the UK, around 15 million people experience mental health issues each year. The Centre for Mental Health estimates up to 10 million people will need either new or...