Endotronix Nabs $12M to Expand Wireless Pulmonary Artery Sensor

Endotronix Wireless Pulmonary Artery Sensor

Endotronix, Inc., a digital health medtech company providing innovative solutions for patients with advanced heart failure, today announced that it has entered into a $12 million term loan agreement with Silicon Valley Bank (SVB). The financing comes after a successful $32 million Series C round last July that included BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, OSF Ventures, existing investors, and a corporate strategic investor. The startup plans
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Rock Health: Digital Health Funding Tops $4.3B in 2016, Down 8% from 2015

Rock Health: Digital Health Tops $4.3B in 2016, Down 8% from 2015

Digital health funding reached $4.2B in 2016, down 8% from 2015, representing a compound annual growth (CAGR) from 2011-2016 of 30%, according to the  2016 Year End Funding Report report from digital health venture firm Rock Health. 2016  The annual report reveals 2016 was a strong year for digital health, but it also served as a reality check for founders and investors due to the election and uncertainty around the future of the ACA.In comparison to StartUp Health's digital health funding
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Digital Health Funding 101: 3 Insights to Overcome the Series A Crunch

Funding for Midwest Healthcare Startups Totals $758M in 2013

Catalyze co-founders Travis Good and Mohan Balachandran share their company’s success in obtaining Series B funding and the insights that helped them get there.Although investment dollars continue to pour into healthcare IT at a breakneck pace globally, many startups could end up enduring some serious whiplash. Obtaining seed funding is one thing, but reaching the next round is another. Investors are becoming less impressed by innovations and more discerning with their dollars. Thus, the
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Science 37 Raises $31M to Expand Virtual Clinical Trail Model

Science 37 Raises $31M to Expand Virtual Clinical Trail Model

Science 37, Inc., a LosAngeles-based mobile technology and clinical trial startup that focuses on the development of networked patient-centric models for clinical research has raised $31 million in Series B funding led by Redmile Group. The Series B round also includes participation from Series A lead investors Lux Capital and dRx Capital, as well as a strategic investment from Sanofi Genzyme BioVentures. As part of the strategic investment, Sanofi’s international clinical trial development
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Healthcare IT VC Funding Tops $1.25B in Q3 2016: 10 Trends to Know

Healthcare IT VC Funding Tops $1.25B in Q3 2016

Healthcare IT VC funding topped $1.25 billion in 177 deals in Q3 2016 compared to $1.6 billion in 140 deals in Q2 2016, according to the latest report from Mercom Capital Group. The report, Q3 2016 Healthcare IT / Digital Health Funding and M&A Report reveals that overall funding is on pace to eclipse 2015’s total and the trend from last quarter continued as there was again increased funding activity in Healthcare IT outside of the United States, especially in China. Here are ten key trends
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Digital Health VC Funding: Where Do We Go From Here?

Michael greeley is a General Partner at Flare Capital Partners

Editor's Note: Michael Greeley is the General Partner and Co-founder at Flare Capital Partners an early stage healthcare technology venture capital firm. Some of his existing and prior board seats include Explorys, HealthVerity, Iora Health, Predilytics, Taris, T2 Biosystems and Welltok. In addition Michael serves on several industry association boards including the Industry Advisory Board for the Cleveland Clinic and Boston Children’s Hospital, as well as the Executive Committee of the National
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Iggbo Nabs $13M to Scale On-Demand Blood Draw Service

Iggbo

Iggbo, a digital health startup focused on bringing personalized medicine to more people through on-demand blood draws and medical testing has raised $13M in Series A funding led by Heritage Group. Founded by Dr. Shaiv Kapadia, Nuno Valentine, and Mark Van Roekel, Iggbo is currently operating in over 120 cities with a workforce of over 8,000 blood draw professionals. The company plans to utilize the funding to offer on-demand blood collection services to diagnostic laboratories, health systems,
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Rock Health Releases 2015 Digital Health Funding: 11 Trends to Know

Rock Health Releases 2015 Digital Health Funding: 11 Trends to Know

Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare has released their Digital Health Funding: Year in Review 2015 Report, an in-depth analysis report of all digital health funding in 2015. The report found digital health funding in 2015 surpassed $4.3B, up from $4.1B in 2014. This represents 278 deals across 248 companies, closing with a new record average deal size of $15.6M. The report produced by Halle Tecco, Mara Perman, Teresa Wang, Emily
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Rock Health: Digital Health Funding Tops $3.3B in Q3 2015

Rock Health Q3 Digital Health Funding

Digital health funding has exceed 2014's record breaking year reaching $3.3B representing 30% TTM growth, according to Rock Health, a full-service venture fund dedicated to digital health. In a blog post, Rock Health reported that the average deal size is the largest to date at $15.8M, despite deal flow down 9% compared to 2014. Only 8 digital health companies made up over 50% of the quarter's total funding.  The report produced by Teresa Wang and Rita Rajan with help from Malay Gandhi
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Accenture: Half of Digital Health Startups Fail Within 2 Years of Launch

Half of Digital Health Startups Fail Within 2 Years of LaunchHalf of Digital Health Startups Fail Within 2 Years of Launch

    While digital health and healthcare IT startup funding is accelerating at a record pace, more than half of digital health startups funded between 2008 and 2013 are not likely to survive longer than 20 months, according to a new report from Accenture. The report finds that the imminent rise of these "zombie digital health startups" will lead to larger healthcare companies acquiring these startups to help drive growth by infusing top talent, fueling innovation and
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