What You Should Know:
- DUOS, a digital health company, came out of stealth today backed by $6M in combined seed funding from healthcare investor Redesign Health and consumer-focused Forerunner Ventures.
- DUOS provides a personal assistant for aging — a Duo — to help older adults stay healthy and age independently in their own homes. DUOS works with its members and their loved ones, along with health plans and providers, to provide holistic, personalized support.
- In addition,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
TailorMed Nabs $20M for Patient Financial Navigation Platform, Backed by Providence Ventures
What You Should Know:
- TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced a $20 million investment led by Providence Ventures. The round included new investors UnityPoint Health Ventures, Almeda Ventures, Bridges Israel and Discount Capital with participation from existing investors Accelmed, Sanara Ventures and Triventures.
- Founded in 2016, TailorMed is focused on ensuring patients get the care they need in a difficult
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Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health
What You Should Know:
- Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed.
- The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s
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Aunt Bertha Secures $27M to Expand Referral Platform for Social Services
What You Should Know:
Today, Aunt Bertha, the nation’s leader in closed-loop social care networks and the company behind findhelp.org, announced it has raised an additional $27M in investment funding led by Warburg Pincus, had significant participation from existing investors including Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF).
- The financing will enable Aunt Bertha to enhance its
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Thirty Madison Reaches $1B Valuation with $140M Series C Funding
What You Should Know:
- Thirty Madison, the premier healthcare company for people with chronic conditions, today announced a $140 million Series C round led by new investor HealthQuest Capital. Mousse Partners and Bracket Capital also participated in the funding, along with existing investors Polaris Partners, Johnson & Johnson Innovation - JJDC, Inc., Northzone, Greycroft, and others. Thirty Madison has raised a total of $210 million to date and is now valued at over $1
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PharmStars Launches Pharma-Focused Accelerator for Digital Health Startups
What You Should Know:
PharmStars today announced the launch of its global digital health accelerator to transform how pharma and startups do business. PharmStars is the first and only non-proprietary accelerator for digital health startups that wish to improve their ability to engage with pharma as clients and partners.
For its pharma members, PharmStars offers premium access to a curated group of the most promising digital health startups that align with their digital health strategy. The
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Qualio Secures $50M for Quality Management System Platform for Life Sciences
What You Should Know:
- Qualio — the trusted cloud quality management system software for the entire life sciences ecosystem announced their $50M Series B funding round led by Tiger Global. Menlo Ventures also joined this round, alongside the following current Qualio investors: Frontline Ventures, MHS Capital, Operator Partners, Sorenson Ventures, and Storm Ventures.
- This latest round of funding will support Qualio’s efforts to expand accessibility of their electronic quality management
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PE Firm Thoma Bravo Acquires Clinical Trial Financial Platform Greenphire – Health M&A
What You Should Know:
- Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector announced that it has reached an agreement to acquire Greenphire, a financial lifecycle management software for clinical trials, from The Riverside Company. Financial details were not disclosed for the pending transaction.
- The acquisition, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year.
-
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Noom Secures $540M to Expand Behavioral Change Platform for Healthier Habits
What You Should Know:
- Noom, a New York City-based digital health platform focused on behavior change, today announced its $540 million Series F funding led by Silver Lake. The round also included participation from new investors Oak HC/FT, Temasek, and Novo Holdings and existing investors Sequoia Capital, RRE, and Samsung Ventures also participated.
- The company sits at an interesting intersection of several trends in healthcare: digitally-empowered health consumers; the rise of chronic
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Flume Health Raises $6M to Transform Third-Party Health Plan Administration
What You Should Know:
- Flume Health, a New York City-based health plan administration platform for the modern fragmented healthcare today announced a $6M Seed II round, bringing its total amount raised to $10M. The Seed II round was led by new investor Crosslink Capital, with participation from new investors Route 66 Ventures and Convene CEO Ryan Simonetti. Existing investors Accomplice, Founder Collective and Primary Venture Partners also participated in the Seed II round, which brings
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