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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Monogram Health Secures $375M to Expand In-Home Kidney Care

by Fred Pennic 01/09/2023 Leave a Comment

Monogram Health Secures $375M to Expand In-Home Kidney Care

What You Should Know: - Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company announced a $375M growth funding round that will drive the company’s continued rapid expansion as the leading solution for high-quality, in-home care for polychronic patients living with chronic kidney and end-stage renal disease in the U.S. - Investors in the round include CVS Health, Cigna, Humana, Memorial Hermann Health System, SCAN, TPG Capital, Frist Cressey
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Backed by CVS Health, Array Behavioral Care Raises $25M for Virtual Psychiatry/Therapy

by Syed Hamza Sohail 01/09/2023 Leave a Comment

Array Behavioral Care

What You Should Know: - Array Behavioral Care, the nation’s leading virtual psychiatry and therapy practice, announced today the closing of its latest $25M equity round to further scale modern behavioral healthcare across the continuum, with CVS Health leading the round. Existing investors also joined the round and contributed additional capital. - The financing builds upon a long history between Array and CVS Health and opens doors to new levels of collaboration to expand access to
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Alira Health Secures $58M to Expand Global Growth

by Jasmine Pennic 01/09/2023 Leave a Comment

Alira Health Secures $58M to Expand Global Growth

What You Should Know: - Alira Health, a global healthcare advisory, clinical research and technology company, announced it secured an additional $58M in capital funding to accelerate delivery of patient-centric, technology-enabled healthcare solutions. Previously, Alira Health raised $35M in 2021 and $40M in 2022, in two rounds led by Creadev. - Alira Health is focused on new opportunities brought into effect in the United States by federal rules preventing the blocking of electronic
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KeyCare Completes $27M Round to Expand Epic-based Virtual Care Platform

by Syed Hamza Sohail 01/09/2023 Leave a Comment

KeyCare Raises $24M for Epic-Integrated Virtual Care Platform

What You Should Know: - KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the completion of its Series A funding round following new investments from Ziegler and two additional health systems. This expanded backing brings KeyCare's total Series A raise to over $27 million. - These investors join 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures in support of KeyCare's mission to improve patient access, expand
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Real-World Data Startup Crescendo Health Launches with $3.2M

by Fred Pennic 01/06/2023 Leave a Comment

Real-World Data Startup Crescendo Health Launches with $3.2M

What You Should Know: - Crescendo Health, a real-world data startup that's drastically reshaping how clinical researchers get access to hard-to-reach patient data to support their clinical research today officially announced its launch with $3.4M in seed funding from Define Ventures as well as the founders and CEOs of many other well-known organizations. - Founded by the co-founder of Datavant (merged with Ciox in a $7 billion deal), and a top product-management leader from Grand
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Biomica Raises $20M to Advance its Pipeline of Microbiome-based Therapeutics

by Jasmine Pennic 12/21/2022 Leave a Comment

Biomica Raises $20M to Advance its Pipeline of Microbiome-based Therapeutics

What You Should Know: - Biomica, a clinical-stage biopharmaceutical company developing innovative microbiome-based therapeutics and a subsidiary of Evogene Ltd raises $20M led by Shanghai Healthcare Capital (SHC). - The financing round will enable Biomica to forge ahead, developing its pipeline of microbiome-based therapeutics. Biomica plans to use the proceeds to complete its current BMC128 phase 1 immuno-oncology study and advance to phase 2 clinical trial; scale up and complete GMP
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Merck Invests in Gesund, Launches Medical AI Platform on AWS

by Syed Hamza Sohail 12/21/2022 Leave a Comment

Merck Invests in Gesund, Launches Medical AI Platform on AWS

What You Should Know: - Gesund, the company ensuring that medical artificial intelligence (AI) is safe and effective for all, today announced the securing of a strategic investment from Merck as well as a launch of a new commercial platform on Amazon Web Services Marketplace. - While terms of the investment are not being disclosed, the news signals support for the company's approach as it launches a first of its kind commercial platform on Amazon Web Services Marketplace, immediately
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Backed by Major Health Plans, Carallel Raises $8.2M for Personalized Caregiver Support

by Fred Pennic 12/20/2022 Leave a Comment

Backed by Major Health Plans, Carallel Raises $8.2M for Personalized Caregiver Support

What You Should Know: - Carallel, a Chicago, IL-based provider of human-centered guidance and digital tools for family caregivers raises a $8.2M Series A funding round led by FCA Venture Partners, with participation from prominent regional payers including 450 Ventures, as well as Create Health Ventures, Gratitude Railroad, Loud Capital, and Wanxiang Healthcare Investments. - Carallel uses expert guidance and digital tools to identify and empower caregivers so they can confidently
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Virtual Chronic Pain Startup, Override Launches with $3.5M

by Fred Pennic 12/19/2022 Leave a Comment

Virtual Chronic Pain Startup, Override Launches with $3.5M

What You Should Know: - Override, a new multi-specialty, virtual chronic pain solution founded by former US Secretary of Veterans Affairs, David Shulkin MD, and his daughter, Jennie Shulkin JD emerges from stealth with $3.5M. The seed round was led by 7wireVentures and Martin Ventures, with SignalFire and Confluent Health joining the round. - In addition, Override has acquired the country’s leading pain management coaching business: Take Courage Coaching. Virtual Chronic Pain
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Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor

by Syed Hamza Sohail 12/15/2022 Leave a Comment

Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor

What You Should Know: - Pangea Biomed, the biotech company behind ENLIGHT, the multi-cancer response predictor improving the effectiveness of precision oncology, announced $5M in additional funding reaching a total seed round of $12M. - The latest fundraising is led by angel investor Danny Tocatly and existing investor NFX, and will be used to expand US operations, drive commercial partnerships, and scale product offerings. Expanding US Operations and Fostering Commercial
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