What You Should Know:
- Nym, a leader in autonomous medical coding, today announced a $47 million growth investment led by PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies.
- The new funding includes participation from existing investors Google Ventures, Addition, and Dynamic Loop Capital.Additional terms of the transaction were not disclosed.
Nym: Revolutionizing Healthcare with Autonomous Medical Coding
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
FemTech: Hyivy Health Secures $2M for Next-Gen Pelvic Rehabilitation Platform
What You Should Know:
Hyivy Health most recent $2M seed funding round was led by Zcube – Zambon Research Venture along with contributions from Beresford Ventures, Equation Angels, FACIT, mHub, Women’s Equity Lab, and the founding partner of Chai Ventures.
The funds are crucial for the advancement of Hyivy Health clinical trials and to prepare for market entry. CEO Rachel Bartholomew acknowledges fundraising challenges in the femtech space. “Fundraising in the women’s health space is still
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Zing Health Raises $140M to Expand Medicare Advantage Plans for Underserved Seniors
What You Should Know:
- Zing Health, a trailblazing Medicare Advantage insurer, has announced a successful $140M funding round. The round includes participation from Health 2047 Capital Partners, CRG, and First Trust Capital Partners, alongside existing investors Newlight Partners, Town Hall Ventures, Health 2047, and Leavitt Equity Partners.
- The investment will fuel the expansion of Zing Health's integrated, chronic special needs-focused plans to reach more
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Qure.ai Raises $65M to Expand Healthcare AI Solutions Globally
What You Should Know:
- Qure.ai, a prominent global innovator in healthcare AI, has successfully closed a $65M in Series D funding round led by Lightspeed and 360 ONE Asset, with contributions from Merck Global Health Innovation Fund and Kae Capital. The round also included participation from existing investors, including Novo Holdings, HealthQuad, and TeamFund.
- This substantial investment will accelerate the company's expansion into the US market and other regions, boost
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Centivo Raises $75M to Fix America’s Broken Employer Healthcare Model
What You Should Know:
- Centivo, a healthcare company on a mission to make high-quality healthcare more affordable, today announced a successful $75M funding round, comprising both equity and debt financing.
- The investment included participation from new strategic investors Cone Health Ventures and MemorialCare Innovation Fund, alongside existing financial investors such as B Capital, Cox Enterprises, and others.
Addressing the Affordability Crisis
Healthcare costs in
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AI Medical Scribe for Veterinarians Scribenote Secures $8.2M
What You Should Know:
- The veterinary profession is facing a crisis of burnout, with 86% of veterinarians reporting severe stress levels. One of the compounding issues includes a frequently overlooked culprit: spending hours writing medical records.
- Scribenote, an AI-powered medical scribe for veterinarians, has raised $8.2M in seed funding to tackle this problem head-on. The company's funding was led by Andreessen Horowitz (a16z), with additional participation from Inovia Capital, the
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Hippocratic AI Secures $17M to Advance Safety-Focused LLMs in Healthcare
What You Should Know:
- Hippocratic AI, a pioneer in developing safety-focused Large Language Models (LLMs) for healthcare, announced today that it has received a significant investment from NVentures, the venture capital arm of NVIDIA.
- The $17M investment, backed also by Greycroft and Leo Shapiro of 7Wire Ventures, adds to Hippocratic AI’s recent Series A round, bringing the total funds raised to an impressive $137M.
Collaboration with NVIDIA
Hippocratic AI's
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Ferrum Health Secures $16M for Vendor-Neutral AI Platform
What You Should Know:
- Ferrum Health, a pioneering software provider enabling AI deployment in healthcare systems, raises $16M in Series A funding led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, UnitedHealthcare Accelerator, and existing investors including Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This brings Ferrum Health's total funding to $31M.
- This Series A funding will fuel Ferrum Health's expansion and
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Midi Health Attracts High-Profile Investors in $63M Funding
What You Should Know:
- Midi Health, the rapidly growing virtual care clinic catering to women 35 and older, today announced a groundbreaking addition to its Series B funding round.
- An impressive cohort of women leaders and icons spanning diverse fields have joined the oversubscribed round via a $5M Special Purpose Vehicle (SPV). This SPV, formed and managed by Midi investor Operator Collective, brings together influential women from entertainment, sports, media, technology,
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Mevo Raises $19M to Revolutionize Digital Prescriptions in Brazil
What You Should Know:
- Mevo, a digital prescription platform in Brazil, announced today that it has raised $19M in Series B funding.
- The investment round was led by Matrix, with participation from Jefferson River Capital (former Blackstone President and current Costco chairman, Tony James’ family office), and existing investors Floating Point and IKJ Capital. Notable new investors include Elliot Cohen, former Amazon Pharmacy leader and PillPack co-founder.
Transforming
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