What You Should Know:
Medical imaging technology company Medmo announced a $9 million funding round led by Lerer Hippeau,alongside existing investors Jerusalem Venture Partners (JVP), C2 Ventures and Stone IsraVentures.In addition, an array of notable angel investors participated, including Elliot Cohen, founder of PillPack (acquired by Amazon), and Klara (acquired by ModMed) Co-founders Simon Bolz and Dr. Simon Lorenz. The additional
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Pathway Raises $5M for AI-Powered Medical Knowledge Platform
What You Should Know:
- Pathway, an AI-powered medical knowledge platform, has secured $5 million in seed funding to expand its solutions and address information overload for healthcare professionals. The seed funding was led by Yamaha Motor Ventures, with participation from Verge HealthTech Fund, existing investors Amplify Capital, BoxOne Ventures, and Formentera Capital. Several physicians who have experienced Pathway's benefits also backed the funding round.
- The funding will allow
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Forward Secures $100M to Expand AI-Powered Doctor’s Offices
What You Should Know:
- Forward, a leading AI-powered healthcare company, has announced $100M in growth capital to expand its network of Forward CarePods, self-service AI-powered doctor's offices. This investment will fuel Forward's mission to revolutionize healthcare by making it more accessible, affordable, and high-quality.
- The funding round was led by Khosla Ventures, with participation from Founders Fund, Samsung Next, Abu Dhabi Investment Authority, and Softbank. In addition to
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Cytovale Fuels Sepsis Diagnostic Innovation with $84M in Funding
What You Should Know:
Cytovale®, a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases, today announced it has raised $84 million in Series C funding led by Norwest Venture Partners with participation by additional new investors Sands Capital and Global Health Investment Corporation (GHIC).The financing included participation from other new and existing investors, as well as the conversion of
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Teen Mental Health Startup BeMe Health Raises $1.5M From BCBS Kansas
What You Should Know:
BeMe Health (BeMe), creator of an interventional behavioral health platform built by and for teens, has announced a $1.5 million funding investment from Blue Cross and Blue Shield of Kansas (BCBSKS). This investment and strategic partnership will extend mental health support to an estimated 20,000 teenagers across Kansas, addressing a critical need as suicide is now the second-leading cause of death among those aged 15 to 24 in the U.S.
Increasing
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MIT Spun Out Layer Health Launches with $4M to Build the AI Layer for Healthcare
What You Should Know:
- Layer Health, a healthcare AI company spun out of MIT, has been launched with $4M in funding from investors such as GV (Google Ventures), General Catalyst, and Inception Health.
- The company is focused on solving the information problem in healthcare by using AI to quickly perform any clinical, administrative, or research task that requires chart review from unstructured data.
Building the AI layer for healthcare — powered by large language models.
Layer
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Elucid Raises $80M to Drive Commercialization of AI-powered Cardiovascular Diagnostic Tools
What You Should Know:
- Elucid, a medical technology company providing AI-powered imaging analysis software to assess cardiovascular disease, has raised $80M in Series C funding led by Elevage Medical Technologies, with additional participation from industry strategics and existing investors.
- This funding will enable Elucid to expand its commercialization efforts, providing physicians and patients with AI-powered imaging analysis software to assess and combat cardiovascular
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Forum Launches with $5M for Virtual Peer Support Groups to Help People Navigate Life’s Challenges
What You Should Know:
- Forum, a peer support group marketplace, has officially launched with $5.3M in funding from a seed round led by NextView Ventures and featuring participation from MBX Capital, Cue Ball Capital, Sahil Bloom of SRB Ventures, Romeen Sheth, Shaan Puri and City Light Capital..
- Forum connects mission-driven facilitators with individuals seeking support for various life challenges.
Virtual Support Group Marketplace Forum
The platform offers a range of support
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Eleos Health Secures $40M for AI-Powered Behavioral Health
What You Should Know:
- Eleos Health, a leader in AI for behavioral health, has secured $40M in a Series B funding round. Menlo Ventures led the funding round, with participation from F-Prime Capital, Eight Roads, Arkin Digital Health, SamsungNEXT, ION, aMoon, and lool ventures. This brings Eleos Health's total funding to $68M.
- The funding will accelerate Eleos Health's product development, hiring efforts, reach, and strategic partnership development.
CareOps Automation for Behavioral
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Kythera Labs Raises $20M for Wayfinder Data Technology Platform
What You Should Know:
- Kythera Labs, a healthcare technology and data analytics company, has secured $20M in Series A funding and debt financing from BIP Ventures and CIBC.
- The funding will support the growth and scaling of Wayfinder, Kythera's data-transforming technology platform, and the development and adoption of new and existing offerings. It will also be used to expand partnerships with industry leaders such as Datavant and Databricks.
WayFinder Data Technology
Kythera Labs
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