What You Should Know:
- Sonde Health, a Boston, MA-based health technology company committed to bringing accessible health monitoring to everyone raises $19.25 million in a Series B investment round led by Partners Investment, with participation from NEOM Company, KT Corporation, and existing investors, including co-founder PureTech Health and M Ventures.
- The AI vocal biomarker company will use the funding to accelerate its commercial growth, expand its platform into new health
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Vevo Launches with $12M to Scale Vivo Data Generation to Discover Better Drugs
What You Should Know:
- Vevo Therapeutics, an SF-based biotechnology company, launched today with a $12M seed round led by General Catalyst and Wing Venture Capital using its Mosaic in vivo drug discovery platform and next-generation AI models to uncover better drugs for more patients.
- Vevo is the first platform to make in vivo data generation scalable with single-cell precision + will create the world’s largest atlas of how drugs interact with patient cells. In a single in vivo
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CrowdHealth Secures $6M for Community-Powered Alternative to Health Insurance
What You Should Know:
- CrowdHealth recently secured $6 million in Series A funding from Next Coast Ventures and Activate Venture Partners. CrowdHealth plans to reinvest that funding back into the company—growing the CrowdHealth community and providing more tools for members that want to take charge of their healthcare and affordably break free from health insurance.
- Operating under a monthly membership model, CrowdHealth is a healthcare technology company that offers a new way to
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Aetion, FDA to Evaluate Real-World Data Standardization for COVID-19
What You Should Know:
- Aetion, a provider of real-world evidence (RWE) technology and analytics, today announced that the FDA has extended Aetion’s contract to evaluate real-world data (RWD) involving COVID-19 medical countermeasures.
- Aetion will be expanding its work to evaluate data standardization in the context of COVID-19. Aetion has been collaborating with FDA since May 2020, providing validated software platform capabilities and RWD/E expertise to contribute to rapid evidence
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Orbita Platform Increases Annual Revenue by $4M for Ohio Gastro
What You Should Know:
- Specialty group Ohio Gastroenterology expands its use of Orbita’s conversational AI platform after success in implementing its patient self-service features. Healthcare-specific, the secure Orbita platform leverages natural language processing to understand words and phrases people are comfortable with, rather than forcing them to use clinical terms. Conversational AI technologies help guide patients through thoughtful dialogs, which pose
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Enthea Secures $2M to Expand Psychedelic Healthcare Provider Network
What You Should Know:
- Enthea, the first provider of insurance plans for psychedelic healthcare, has announced a $2M Seed Round raise led by Tabula Rasa Ventures to offer psychedelic-assisted therapy as a workplace benefit.
- The funds will be used to launch Enthea’s services into 40 markets across the U.S. in 2023 as well as grow its customer base and provider network to increase access to new, evidence-based healing options that have proven to be very effective in improving symptoms for
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Elevance Health Launches AI-Driven Nutrition Tracker
What You Should Know:
- Elevance Health -- formerly Anthem, Inc. has announced the expansion of its Sydney Health application with the addition of a nutrition tracker function driven by artificial intelligence (AI). The new feature, called Nutrition Tracker, recognizes foods or an entire meal, providing virtual nutrition advice to improve affiliated health plan members’ overall health and well-being.
- Using smartphone cameras and typing-free nutrition tracking, affiliated health plan
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Vital Launches Lab Results Tool to Help with Cures Act Compliance
What You Should Know:
Today, Vital, the leading AI-driven digital health company, launches Lab Results tool to help health systems comply with the 21st Century Cures Act, educate patients and expedite the sharing of results at the point of care.
- Vital’s new tool helps health systems not only comply with the new mandate but also present results in a timely, consumer-friendly way. Critical or sensitive results are flagged as such and shared personally by the appropriate
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RevSpring Integrates with Epic Willow to Take Payments for Pharmacy Transactions
What You Should Know:
- RevSpring announced a new integration with Epic Willow that empowers staff to take payments for pharmacy transactions.
- The Willow integration focuses on specific solutions for pharmacies and gives them more choice about how to take and process in-pharmacy credit card payments in the most streamlined fashion.
Why It Matters
This integration bolsters RevSpring’s comprehensive pharmacy-specific solutions for engagement and
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UpStream Raises $140M to Expand Value-Based Care Model Nationwide
What You Should Know:
- Value-based care provider UpStream raises $140M in Series B funding co-led by Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala. This round brings its total funding to nearly $185M to date.
- UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that
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