Investing

New investor GV led the round, with participation from existing investors  Jerusalem Venture Partners, Upfront Ventures, RRE Ventures and Rho Capital Partners.
By  Mallory Hackett 11:49 am February 22, 2021
Nanit, a smart-monitoring system for sleeping babies, announced today it has closed a $25 million Series C funding round. The raise brings the company’s total capital raised to date to $75 million. New investor GV led the round, with participation from existing investors Jerusalem Venture Partners, Upfront Ventures, RRE Ventures and Rho Capital Partners. WHAT IT DOES Nanit’s baby-monitoring...
The Durham, North Carolina-based company received backing from investors Cofounders Capital and The Launch Place.
By  Mallory Hackett 11:58 am February 19, 2021
Pattern Health, a no-code platform for digital health programs, announced this week it raised $1.5 million in new funding. The Durham, North Carolina-based company received backing from investors Cofounders Capital and the Launch Place. WHAT IT DOES The Pattern Health platform can be used by clinicians and researchers alike to launch a range of digital health programs. It can integrate into...
wellness app
By  Sara Mageit 08:38 am February 19, 2021
Wellness and fitness coaching app, actio has extended its seed round to €10 million with a new investment from fellow Berlin-based venture capital firm Heal Capital. The startup secured a seed funding of €8.5 million from HV Capital and Cavalry Ventures in December 2020. WHY IT MATTERS According to the World Health Organisation, depression is the leading cause of global disability, affecting over...
A stethoscope rests on dollar bills
By  MobiHealthNews 03:33 pm February 18, 2021
Tech-enabled health provider Eden Health landed $60 million in Series C funding. Insight Partners led the round with participation from Amigo Health, Aspect Ventures, Company Ventures, Flare Capital, Flexcap Ventures, Max Ventures and PJC.   This comes only months after the company scored $25 million in Series B funding led by Flare Capital, and bring the company’s total funding to $100 million....
By  Laura Lovett 03:08 pm February 15, 2021
Dexcom, a medtech device company best known for its continuous glucose monitoring systems, is launching a new venture fund aimed at investing in adjacent businesses. Called Dexcom Ventures, the new investor will be zeroing in on sensing technology, data analytics, remote patient monitoring and population health. In fact, the new venture is expected to fund companies working in glucose sensing...
By  Laura Lovett 02:01 pm February 15, 2021
This morning Cohort, a care management platform centered around at-risk populations, scored $11 million in Series B funding. F-Prime Capital led the round, with participation from Town Hall Ventures.  The company built an AI-enabled platform that works with health systems and providers with the aim of "closing the gap" in care. Historically, Cohort has worked with value-based care providers. "EHR...
By  Dave Muoio 02:33 pm February 11, 2021
Data-driven emergency response platform RapidSOS announced this week the close of an $85 million Series C funding round led by Insight Partners. With this, the company has raised about $200 million from investors to date. WHAT IT DOES RapidSOS aims to provide emergency responders with accurate, real-time health and location data before they arrive on the scene. The company's platform collects a...
By  Dave Muoio 12:29 pm February 11, 2021
San Francisco-based mental health and wellness platform Modern Health has kept its foot on the gas throughout the COVID-19 pandemic. Today it announced a $74 million Series D funding round just a few months after a $51 million Series C closed in October and formally announced in December. The new investments peg Modern Health's lifetime funding to more than $170 million, the company said, and its...
The company upwardly revised its IPO twice since filing with the SEC last month.
By  Mallory Hackett 11:32 am February 11, 2021
Value-based healthcare platform Signify Health is making its debut on the New York Stock Exchange today with an initial public offering of 23,500,000 shares of its Class A common stock at $24 per share. The company upwardly revised its IPO twice since filing with the Securities and Exchange Commission last month. It originally planned to offer 23.5 million shares priced between $17 and $19, and...
Zocdoc app examples on smartphone screens
By  Laura Lovett 11:29 am February 11, 2021
This morning Zocdoc, a health tech company best known for its appointment-booking and doctor-search tool, announced a whopping $150 million raise, led by Francisco Partners. Zocdoc was first founded in 2007, which as digital health companies go makes it a veteran in the space. This isn’t the company’s first major raise. In 2015, it scored $130 million. WHAT IT DOES? Patients can use the platform...