Investing

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...
By  Dave Muoio 02:46 pm February 12, 2020
Mindfulness and meditation app maker Headspace has announced a Series C funding round consisting of $53 million in equity and $40 million in debt financing. The investment was headed by blisce/, with participation from new backers Waverly Capital and Times Bridge as well as prior investors The Chernin Group, Spectrum Equity and Advancit Capital. WHAT THEY DO Santa Monica-based Headspace’s primary...

Left to right: Barnaby Perks, CEO of Oxford VR, and Ash Patel, Optum Ventures principal; Credit: Oxford VR

By  Leontina Postelnicu 10:01 am February 12, 2020
British firm Oxford VR has secured £10 million in a Series A funding round led by Optum Ventures, with support from Luminous Ventures. Existing backers Oxford Sciences Innovation, Oxford University Innovation and GT Healthcare Capital Partners also participated. WHAT THEY DO Oxford VR, a spinout from the department of psychiatry at the University of Oxford, was founded in 2017. It builds on two...
By  Laura Lovett 03:41 pm February 11, 2020
This morning workplace mental health platform Unmind scored $10 million in Series A funding. Project A led the round with additional participation from Felix Capital.  This comes less than a year after the London-based startup announced a $3.8 million (£3 million) raise led by Felix Capital and private investors Michael Whitfield and Chris Bruce.  WHAT THEY DO The British company focuses on...
By  Dave Muoio 12:28 pm February 11, 2020
Gento, a tech-enabled home health staffing startup, has picked up $5 million in Series A funding. The round was led by Palisades Growth Capital, and brings Gento’s total raise to more than $7 million. WHAT THEY DO Through its app-based platform, Gento (formerly Nursing Without Walls) matches care professionals with post-acute care providers such as home health agencies and skilled nursing...
By  Laura Lovett 04:03 pm February 10, 2020
Addiction focused digital health startup Boulder scored $10.5 million in Series A funding this morning. Investors included Tusk Ventures and Greycroft Partners.  The deal coincides with the news Boulder signed a value-based contract with Premera Blue Cross.  WHAT THEY DO  The startup connects patients seeking treatment for opioid use disorder to teams of addiction specialist, care coordinators...
By  Laura Lovett 12:18 pm 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...