What You Should Know:
- Ro raises $150M in new funding led by ShawSpring Partners, with participation from General Catalyst, FirstMark Capital, TQ Ventures, SignalFire, BoxGroup, The Chernin Group, Initialized Capital, Altimeter Capital, Baupost Group, and Seven Seven Six.
- Ro also announced today the launch of Ro Derm -- a digital clinic for skincare and the latest Ro-branded offering following the launch of Ro Mind, a digital clinic for mental health, and Ro Pharmacy, a cash-pay online
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TytoCare Receives CE Mark Approval for its Lung Sounds Analyzer
What You Should Know:
- TytoCare has received CE Mark approval for its AI-backed Tyto Lung Sounds Analyzer, a web-based software system designed to aid in the clinical assessment of lung auscultation sound data by analyzing recorded lung sounds to determine whether wheezing is detected within the recording.
- The Lung Sounds Analyzer will further enable physicians to better diagnose respiratory conditions remotely. The CE Mark paves the way for the immediate European
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Season Health, Geisinger, CommonSpirit Health, Cricket Health Launches Anchor Partnerships to Scale Food as Medicine Initiatives
What You Should Know:
- Season Health announces anchor partnerships with Geisinger, CommonSpirit Health, and Cricket Health to scale Food as Medicine initiatives. Season is funded by LRV Health, 8VC, Bain Capital, Healthy.VC and Company Ventures, Toyin Ajayi (Co-founder and CMO of Cityblock Health), and Max Mullen (Co-founder of Instacart).
- These partnerships will combine Season’s industry-leading digital food pharmacy and medically tailored meal program with Geisinger, CommonSpirit and
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LifeSpeak To Acquire Wellbeats for up to $92.5M
What You Should Know:
- LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. As the leader in mental health and total wellbeing for employers, this acquisition enables LifeSpeak to meet the rapidly growing demand for a comprehensive, single-vendor solution that addresses both mental and physical health support needs.
- Wellbeats, a Minnesota-based market-leading provider of an on-demand,
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Variantyx Secures $41.5M for Genetic Testing and Personalized Medicine
What You Should Know:
- Variantyx, a technology-driven precision medicine company providing advanced genomic testing for the rare genetic disorders, reproductive health, and precision oncology markets, today announced they have secured $41.5M in C-2 funding led by New Era Capital Partners and includes Peregrine Ventures, Robert Bosch Venture Capital, 20/20 HealthCare Partners, and Pitango HealthTech.
- Founded in 2014, the Variantyx proprietary whole genome sequencing and analysis
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Signify Health Acquires Caravan Health, Forming Largest Networks of At-Risk Providers
What You Should Know:
- Today, Signify Health announced it has reached an agreement to acquire Caravan Health, a leader in enabling accountable care organizations (ACOs) to succeed in value-based care payment. Together, the companies form one of the largest networks of at-risk providers in the U.S.
- Together, Signify Health and Caravan Health will be better positioned to enable organizations to manage larger populations covered by value-based arrangements and to
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LifeOmic Acquires Bavard, an Enterprise-Grade Conversational AI Platform
What You Should Know:
- LifeOmic, a software company that leverages the cloud, machine learning and mobile devices to power precision health and wellness solutions announced it has acquired Bavard, a Utah-based conversational artificial intelligence (AI) company offering intelligent digital assistants and platforms. Financial details of the acquisition were not disclosed.
- The acquisition comes as AI technology has experienced widespread adoption in the health care space, a trend
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Scopio Secures $50M for AI-Powered Peripheral Blood Smear App
What You Should Know:
- Scopio Labs, provider of the world's first full-field digital cell morphology solution, today announced a $50M investment for its end-to-end hardware and software platform for digitizing, quantifying and analyzing hematology and other digital cytology samples.
- The Series C round included OurCrowd, Aurum Ventures, Mizrahi-Tefahot Bank Invest and Ilex Medical, with the participation of strategic investors operating in the field and existing
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Amazon Care Expands Telehealth Services Nationwide, Expands In-Person Services in More Than 20 Cities
What You Should Know:
- Amazon Care expands its telehealth services nationwide and in-person services will be rolled out in more than 20 new cities this year. The service is already available in Seattle, Baltimore, Boston, Dallas, Austin, Los Angeles, Washington, D.C., and Arlington.
- Amazon plans to expand more than 20 additional cities—including major metropolitan areas like San Francisco, Miami, Chicago, and New York City—so customers can access care where and when they need it
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Medable Launches Decentralized Clinical Trials Partner Network
What You Should Know:
- Medable Inc., a Palo Alto, CA-based provider for patient-centered clinical trials, today launched the Medable Partner Network – uniting a diverse ecosystem of technology, service, data, site, and direct-to-patient partners that work together to accelerate deployment of decentralized clinical trials.
- The network includes new partnerships with Advanced Clinical, Cognizant, and CVS, and expanded relationships with Datavant, Oracle, Parexel, PPD, part of
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