What You Should Know:
- Pathwork, an autonomous distribution platform modernizing the $160 billion life and health insurance market, has raised a $3.5 million seed round led by Costanoa, with participation from Logos Fund, American Family Ventures, Meridian Ventures, and prominent industry angels.
- The funding will help accelerate adoption among brokers and carriers nationwide.
Transforming Manual Processes into Intelligent Systems
Pathwork is an AI-native platform designed to
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M&A: Remedy Meds Acquires Thirty Madison in All-Stock Deal Valued at over $500M
What You Should Know:
- Remedy Meds, LLC, a consumer virtual-care and pharmacy platform, today announced it has entered into a definitive agreement to acquire Thirty Madison, Inc. ("Thirty Madison").
- The transaction creates a larger, multi-brand platform across women's, men's, and metabolic health. The transaction, which is valued just north of $500M, will be funded through an all-stock deal.
Expanding Access Through a Unified Multi-Brand Ecosystem
Thirty Madison, a leading
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TigerConnect Launches Transfer Solution to Modernize Patient Transfers and Discharge
What You Should Know:
- TigerConnect, the leading unified healthcare communications platform, today announced the general availability of TigerConnect Transfer, a purpose-built solution that modernizes how hospitals manage outbound interfacility patient transfers and discharge transport.
- By combining bed sourcing, transport scheduling and communication in a single application, Transfer bridges the gap between hospitals and external agencies to accelerate safe patient movement.
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Ketryx Raises $39M to Accelerate AI-Powered Compliance in Life Sciences
What You Should Know:
- Ketryx, the AI-powered compliance platform helping life sciences companies ship safer products faster, today announced a $39 million Series B led by Transformation Capital, with participation from existing investors including Lightspeed Venture Partners, MIT’s E14 Fund, Ubiquity Ventures, and 53 Stations.
- This latest round brings the company’s total funding to over $55 million, and Vinay Shah, Partner and Founding Team Member at Transformation
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AI and RCM Leader XiFin Receives New Investment, Appoints Jeff Margolis to Board
What You Should Know:
- XiFin, a leader in revenue cycle management (RCM) and billing solutions enhanced with embedded artificial intelligence (AI), today announced a new growth capital investment, as well as the addition of health IT innovator and futurist Jeff Margolis to its Board of Directors.
- The funding round builds on XiFin’s 19% year-over-year growth, driven by client adoption of its flagship next-gen platform, XiFin® Empower, and successful execution of compelling business
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Joint Ai Secures $315K to Expand AI-Powered Triage Platform for Knee and Hip Arthritis
What You Should Know:
- Joint Ai, an AI-powered triage platform for patients with knee and hip arthritis, has received a $315,000 investment from the Richard King Mellon Foundation.
- The funding will accelerate technology development, deepen strategic partnerships, and broaden nationwide access to orthopaedic surgeons.
Funding from Richard King Mellon Foundation to Enhance Technology, Partnerships, and Access to Orthopaedic Care
Arthritis represents a growing challenge for the U.S.
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Hartford HealthCare Selects Abridge to Reduce Clinician Burnout with AI Documentation
What You Should Know:
- Abridge’s AI-powered ambient clinical intelligence platform has been selected by Hartford HealthCare, Connecticut’s most comprehensive healthcare network, following a rigorous evaluation and successful pilot.
- This milestone underscores Hartford HealthCare’s commitment to advancing healthcare by partnering with the world’s leading entrepreneurs, their technologies and aligned visionary leadership.
Hartford HealthCare Partners with Abridge to Advance AI-Powered
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Eyebot Raises $20M to Scale 90-Second Vision Test and Doctor-Verified Prescriptions
What You Should Know:
- Eyebot, the company behind the 90-second vision test kiosk that delivers doctor-verified glasses prescriptions, today announced it has raised $20 million in Series A funding. The round was led by General Catalyst, with participation from returning investors AlleyCorp, Baukunst, Village Global, and Ubiquity Ventures.
- Eyebot is redefining how people access vision care by eliminating traditional barriers like appointment delays, insurance hurdles, and
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HeartFocus by DESKi Launches in U.S. on Butterfly Network Handheld Ultrasound
What You Should Know:
- HeartFocus, the revolutionary, AI-enabled cardiac imaging software developed by data-driven medtech company DESKi, today announced its U.S. commercial launch.
- HeartFocus will initially be available on Butterfly Network’s handheld ultrasound devices, the FDA-cleared software enables any healthcare professional to conduct diagnostic-quality heart ultrasounds after just hours of training. Health systems, primary care clinics, and clinical education institutions can
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Barti Software Secures $12M Series A to Expand AI-Powered EHR for Eye Care
What You Should Know:
- Barti Software, a AI-powered company that provides innovative electronic health records (EHR) and practice management software built for eye care practices, announced a $12 million Series A investment led by Five Elms Capital.
- This partnership will enable Barti to scale its go-to-market efforts, grow its team across key functions, and accelerate development of new AI capabilities and workflow automation as Barti expands into ophthalmology. The company will
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