What You Should Know:
- Votive Health announced its formal launch following a $2.5 million financing led by Flare Capital Partners with Chrysalis Ventures and OCA Ventures as co-investors.
- Votive Health is a technology enabled network manager delivering complex care at home for people facing serious illness. It was founded by a team of health care insiders who share a passion for solving issues that result from the fragmented health system in the U.S. for patients living with a
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
CVS Health Launches $100M Fund to Invest in Early-Stage Digital Health Startups
What You Should Know:
- CVS Health announced the formation of CVS Health Ventures, a $100M corporate venture capital fund that will focus on companies with the potential for technology-enabled innovation and disruption in digital health care that are anchored in CVS Health's core strategy.
- CVS Health Ventures will build relationships with early-stage digital health companies via investment as well as by offering expertise and insights from CVS Health's unique perspective.
- To date,
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CareCar Raises $3M to Expand Tech-enabled Benefit Manager Platform
What You Should Know:
- CareCar, a tech-enabled benefit manager and value-based healthcare services platform, announced that it has raised $3M in seed funding led by Kapor Capital and Impact America Fund, with Concrete Rose participating as a co-investor.
- CareCar specializes in managing non-emergency medical transportation benefits and in-home care benefits (ADLs, IADLs, Home Assessments & Modifications). The platform automates the logistics, HIT, and UM & QA aspects of
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Q Bio Launches Clinical “Digital Twin” Platform, Whole Body Scanner
What You Should Know:
- Q Bio, a Redwood City, CA-based company building technology for the Physical of the Future, unveiled its “digital twin” platform, the first to capture and monitor comprehensive baseline patient health in a scalable virtual model.
- In addition, the company announced an investment from Kaiser Foundation Hospitals that brings its total capital to more than $80 million, including Series B funding led by Andreessen Horowitz, to develop and expand access to its
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Outcomes4Me Raises $12M for AI-Powered Cancer Patient Empowerment Platform
What You Should Know:
- Outcomes4Me Inc., a Cambridge, MA-based developer of an Artificial Intelligence (AI)-powered platform to empower cancer patients to navigate their care, today announced it has raised $12 million in an oversubscribed Series A round led by Northpond Ventures, with participation from all existing investors, including Sierra Ventures, Asset Management Ventures, Merstal Ltd, IRA Capital, and others. Andrea Jackson, a Northpond Ventures Director, will
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Digital Therapeutics Startup Kaia Health Raises $75M to Optimize MSK & COPD Care
What You Should Know:
- Digital therapeutics company, Kaia Health, has raised $75M Series C round (total: $125M) to expand clinical capabilities and transform the treatment path for Musculoskeletal (MSK) and Chronic obstructive pulmonary disease (COPD) care in the U.S. and Europe.
- The Series C round was led by an unnamed leading growth equity fund with support from existing investors, including Optum Ventures, Eurazeo, 3VC, Balderton Capital, Heartcore Capital,
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Caresyntax Raises $100M to Expand Digital Surgery Platform in Key Markets
What You Should Know:
- Caresyntax, a Boston-based enterprise-level digital surgery platform delivering actionable insights to make surgery smarter and safer, today announced that it has closed a significantly oversubscribed $100 million Series C funding round led by PFM Health Sciences LP, which also included participation from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital Partners, Arno Capital, Rezayat Investments, as well as current investors IPF Partners,
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Direct Pay Healthcare Marketplace Sesame Nabs $24M to Expand its Nationwide Telehealth Offerings
What You Should Know:
- Sesame, a New York City-based direct-pay healthcare company, announced that it has raised an additional $24 million, bringing Sesame’s total capital raised to just under $50 million since its founding in 2019. New investments come from Giant Ventures, Industry Ventures and Coefficient Capital, along with existing investors like General Catalyst.
- Founded in 2018, Sesame’s platform connects patients and providers directly, providing clear, affordable prices
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Glytec Raises $21M to Fix Hospital Insulin Management
What You Should Know:
- Glytec announced $21M in funding today from Silicon Valley Bank, Savitr Capital and others to help address the challenge that 90% of hospitals in the U.S. face with insulin management.
- Glytec’s insulin management solution, eGMS helps providers track blood glucose data, detect and alert patients in glycemic disarray, provide personalized insulin dosing regimens, and get patients into target blood glucose range
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Accolade Acquires Virtual Primary Care Platform PlushCare for $450M
What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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