Health and Wellness

Sick person uses computer to look up symptoms.

Photo by Edward Jenner

By  Mallory Hackett 12:48 pm April 2, 2021
When someone comes down with a new health symptom, they are typically advised not to self-diagnose using the internet. Resorting to Dr. Google could lead to inaccurate diagnosis, incorrect treatments or increased anxiety. But new research published in JAMA Network Open suggests that online investigations for health information actually lead to slightly more accurate diagnoses. TOPLINE DATA...
Product shots of the Mantra Health app

Image courtesy of Mantra Health

By  Dave Muoio 11:11 am April 1, 2021
Mantra Health, a startup providing virtual mental healthcare services to higher education, has closed a $2 million extension to the $3.2 million in seed funding it disclosed late last year, MobiHealthNews has learned. The startup's newest backers include Canaan Partners, City Light Capital and Baleon Capital, as well as Aligned Telehealth founder Dr. Nitin Nanda as a strategic angel investor....
A collection of one-dollar bills

(Image: "1 US Bank Note" licensed under Creative Commons Zero)

By  Dave Muoio 12:28 pm March 29, 2021
Crossover Health, a tech-boosted provider of in-person and virtual care services, has brought in $168 million in Series D funding. Announced today, the raise was led by Deerfield Management Company and brought on several new investors including Perceptive Advisors, OrbiMed Advisors, Foresite Capital, Avidity Partners, SharesPost100 Fund, Irving Investors and PFM Health Sciences. WHAT THEY DO...
A Peloton Tread+ device

(Image courtesy of Peloton)

By  Dave Muoio 03:06 pm March 24, 2021
Peloton's acquisition spree. Bloomberg reports three smaller acquisitions by connected fitness company Peloton Interactive over the past several months. These include AI voice assistant company Aiqudo in February, as well as fitness smartwatch maker Atlas Wearables and interactive workout mat Otari in the final quarter of last year. Peloton told the publication that the three deals had closed and...
Screenshots of the Woebot app adapted for substance use

Image courtesy of Woebot Health

By  Dave Muoio 01:50 pm March 24, 2021
A recent study published in the Journal of Medical Internet Research (JMIR) shows initial support for a new version of Woebot – a text-based chatbot app designed to address mental health issues – that is designed to reduce substance use and other measures tied to substance use disorder (SUD). Conducted by researchers from Stanford University School of Medicine and Woebot Health, the investigation...
Three screens of Ro's app-based Roman offering

Image courtesy of Ro

By  Dave Muoio 12:38 pm March 23, 2021
Direct-to-consumer virtual care and mail-order prescription startup Ro is adding to its already impressive fundraising haul with a fresh $500 million investment headed by prior backers General Catalyst, FirstMark Capital and TQ Ventures, the company announced this morning. SignalFire Torch and BoxGroup also returned to participate in the Series D round, as did new investors Altimeter, Baupost,...

(Image courtesy of Hims & Hers)

By  Dave Muoio 03:17 pm March 22, 2021
Shares of consumer-friendly telehealth and wellness company Hims & Hers took a hit late last week when the company pulled back the curtain on its first quarterly earnings since going public through a special purpose acquisition company (SPAC) merger. While the company posted 2020 revenue that beat market expectations, its roughly $16 trading price immediately dipped from about $16 to the $14...
Woman puts at-home COVID-19 test into sample bag.

(Photo by d3sign/Getty Images)

By  Mallory Hackett 12:54 pm March 18, 2021
This week, the Food and Drug Administration shared that it will allow marketing for some COVID-19 screening tests before their effectiveness is studied in asymptomatic individuals. Test developers seeking this over-the-counter authorization can apply using a template provided by the FDA to share data on who the test is intended for and how well the test works, and provide instructions for its use...
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 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...