Health News for You
Behavioral health startup Concert Health raised $ 14 million in funding. The San Diego-based company helps primary care providers connect patients to behavioral health services. Vertical Venture Partners led the series A round, with participation from Town Hall Ventures and Silicon Valley Bank. Concert plans to use the funds to grow its team, ramp up […]
When CEO Jeff LeBrun and CTO Chuks Onwuneme co-founded optimize.health back in 2015, the startup was focused on medication adherence. Their first product, Pillsy, was a smart pill bottle that chimes when it’s time to take your medicine. But they saw a big opportunity when the Centers for Medicare and Medicaid Services expanded coverage of […]
With direct-to-consumer health brands Hims and Ro surging to high valuations, a new telehealth startup is entering the field with two big backers. New York-based Thirty Madison, founded just three years ago, raised a $ 47 million series B round led by Polaris Partners and with participation from Johnson & Johnson Innovation Inc. Previous investors […]
Ginger, a digital health startup that lets users chat with a mental health coach, raised $ 50 million in funding in a series D round. Advance Venture Partners and Bessemer Venture Partners led the funding round, with participation from Cigna Ventures, Kaiser Permanente Ventures, and LinkedIn Executive Chairman Jeff Weiner. David ibnAle, a founding partner […]
After raising a $ 23 million series B round last year, Genome Medical raised another $ 14 million in an extension. The startup offers virtual consultations for patients and providers. It plans to use the funds to expand its telehealth platform and clinical operations. The company has taken a much more clinical approach than consumer […]
Oscar Health raised another $ 225 million in funding. The New York-based startup said it planned to use the funds to further grow and accelerate the development of its model. The company currently has a $ 2 billion revenue base. In April, Oscar made moves to trim costs, including cutting about 5% of its staff. […]
A startup helping biopharma and medtech companies make digital health tools recently raised $ 40 million in funding. San Jose-based BrightInsight closed a series B round led by New York-based Insight Partners, with support from previous investors New Leaf Venture Partners and Eclipse Ventures. BrightInsight’s IoT platform can pull in data from connected medical devices […]
Meditation app Headspace raised another $ 47.7 million in funding, according to a filing with the Securities and Exchange Commission. The new funds, an extension of its recent $ 93 million series C round, were raised in the midst of the Covid-19 pandemic. Crunchbase News first pointed out the new filing, listed under OrangeDot Inc. […]
Alpha Health, a startup looking to automate billing and reimbursement, raised $ 20 million in funding. The San Francisco-based company is developing revenue cycle management software to automate complex tasks, by capturing current workflows and then using that information to train machine learning models. CEO and Co-Founder Malinka Walaliyadde, a former partner at Andreesen Horowitz, […]
Cue Health submitted its Covid-19 test to the FDA for Emergency Use Authorization. The company is developing a portable testing platform that sends results to users’ smartphones. Photo credit: Cue Health Cue Health, a startup developing a connected testing device, raised $ 100 million in funding. The San Diego-based company plans to use the funds […]
Healthcare startups that have raised funding rounds this week include a firm developing a way to diagnose Alzheimer’s disease with a blood sample, a firm that combines technology with modern clinics to create a seamless virtual care to clinic experience, a technology-based drug discovery company in Japan and more.C2N DiagnosticsHeadquarters: St. LouisFunding type: Program-related investmentAmount: […]
GRAIL, a startup developing a blood test to screen for multiple cancers, added another $ 390 million to its war chest. To date, the Menlo Park-based company has raised more than $ 1.9 billion. In March, GRAIL published a study showing its blood test could spot more than 50 different types of cancers across all […]
Recruiting for clinical trials can often be challenging, especially for conditions with a limited group of patients. To make the research process a little bit easier, a company called Unlearn.AI is developing a platform to populate control arms with “digital twins.” Unlearn closed a $ 12 million series A round led by 8VC. As part […]
Despite the ongoing Covid-19 pandemic, many startup companies are continuing to close funding rounds to support their product-development and other efforts. The following is a list of companies that have announced fund raises over the past couple of weeks. RefleXion MedicalHeadquarters: Hayward, CaliforniaAmount raised: $ 100 million The company said Thursday that it had raised […]
This photo taken on February 17, 2020 shows medical staff members working at an exhibition center converted into a hospital in Wuhan in China’s central Hubei province. STR | AFP via Getty Images Wuhan, the epicenter of the coronavirus outbreak in China, has revised upwards the number of confirmed coronavirus cases and deaths in the […]