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

Zest Health Raises $13M to Transform Inflammatory Skin Disease Care with Virtual, Value-Based Approach

by Fred Pennic 02/03/2025 Leave a Comment

Zest Health Raises $13M to Transform Inflammatory Skin Disease Care with Virtual, Value-Based Approach

What You Should Know:  - Zest Health, a leading innovator in virtual dermatology care, today announced a $13 million seed funding round led by Roivant Health.  - The company's AI-powered platform provides personalized care for patients with inflammatory skin diseases like eczema and psoriasis, reducing unnecessary medication use and improving clinical outcomes. The investment will support Zest Health's expansion and enable the company to scale its partnerships with health plans
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Medsender Raises $5M for AI-Powered Workflow Automation Platform

by Syed Hamza Sohail 01/31/2025 Leave a Comment

Medsender Raises $5 for AI-Powered Workflow Automation Platform

What You Should Know: -  Medsender, the AI-powered workflow automation platform for healthcare providers, is pleased to announce a recent $5 million Series A investment led by Ballast Point Ventures. -  Medsender will use the investment to bolster its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients. Medsender: AI-Powered Workflow Automation for Healthcare Medsender is an advanced workflow automation platform
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Rad AI Secures $60M for Generative AI Solutions for Radiology

by Syed Hamza Sohail 01/30/2025

Rad AI Secures $60M for Generative AI Solutions for Radiology

What You Should Know: -  Rad AI, one of the fastest-growing healthcare AI companies and the first to develop a large language model in healthcare, today announced a $60M Series C. The oversubscribed round was led by Transformation Capital, with participation from existing Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others.  - This raise comes seven months after their $50M Series B. Rad AI: Advancing Radiology with Generative AI Rad AI
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KODE Health Raises $27M for On-Demand Medical Coding Platform

by Fred Pennic 01/30/2025 Leave a Comment

KODE Health Raises $27M for On-Demand Medical Coding Platform

What You Should Know:  - KODE Health, a leading provider of on-demand medical coding solutions, today announced a $27M in Series B funding round led by Noro-Moseley Partners with participation from Mercury, FCA Venture Partners, Epsilon Innovation Fund, and 111 West Capital. - The funding will fuel the company's mission to transform medical coding through its innovative platform that connects healthcare systems with certified coding professionals and leverages AI to optimize
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C the Signs Raises $8M to Expand AI-Powered Cancer Detection to the U.S.

by Fred Pennic 01/30/2025 Leave a Comment

C the Signs Raises $8M to Expand AI-Powered Cancer Detection to the U.S.

What You Should Know:  - C the Signs, a developer of AI-powered cancer detection solutions, today announced an $8 million funding round led by Khosla Ventures.  - The investment will fuel the company's expansion from the United Kingdom, where it has already achieved significant success in early cancer detection, to the United States. Cancer Screening and Improve Patient Outcomes C the Signs addresses a critical gap in cancer care by identifying patients at risk of cancer at
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Quibim Secures $50M to Advance AI-Powered Imaging Biomarkers for Precision Medicine

by Syed Hamza Sohail 01/29/2025 Leave a Comment

Quibim Secures $50M to Advance AI-Powered Imaging Biomarkers for Precision Medicine

What You Should Know: - Quibim, a leading healthtech company pioneering the use of imaging biomarkers for precision medicine, announced today the close of its $50 million Series A financing. - The company has experienced remarkable growth in the number of patients analyzed by its products over the past year. Driven by several regulatory approvals and global commercial partnerships, patient analysis surged by 168% quarter-on-quarter. Quibim: Advancing Precision Medicine Through
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Delfina Care Raises $17M to Expand AI-Powered Maternal Health

by Jasmine Pennic 01/29/2025 Leave a Comment

What You Should Know:  - Delfina Care, a healthcare technology company addressing the maternal health crisis raises $17M in Series A funding round led by U.S. Venture Partners (USVP) with included participation from ARTIS Ventures, Mayo Clinic, Tokio Marine Future Fund, Story Ventures, SemperVirens, Bread and Butter Ventures, Boutique Ventures, and Chelsea Clinton's Metrodora Ventures.  - The investment will fuel Delfina's growth and expansion, enabling the company to deliver its
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Bicycle Health Raises $16.5M to Scale Virtual Opioid Use Disorder Treatment

by Fred Pennic 01/29/2025 Leave a Comment

Bicycle Health Raises $16.5M to Scale Virtual Opioid Use Disorder Treatment

What You Should Know:  - Bicycle Health, the nation's largest provider of virtual opioid use disorder (OUD) treatment, today announced a $16.5 million funding round led by Questa Capital, with participation from all existing and new investor JSL Health.  - The investment comes on the heels of Bicycle Health achieving operating profitability in 2024, demonstrating the company's commitment to sustainable growth while addressing the ongoing opioid epidemic. Addressing a Critical
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Cedars-Sinai and OSE Co-Invest $2M in Neurology Care Startup Neu Health

by Fred Pennic 01/29/2025 Leave a Comment

Cedars-Sinai and OSE Co-Invest $2M in Neurology Care Startup Neu Health

What You Should Know:  - Cedars-Sinai Intellectual Property Company and Oxford Science Enterprises (OSE) have announced a strategic partnership to co-invest in and support the development of digital health startups.  - To kick off the partnership, Cedars-Sinai and OSE have co-invested $2 million in Neu Health, a University of Oxford spin-out company that has developed a digital neurology care platform. Neu Health's platform uses a smartphone app and AI to track and analyze
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SafelyYou Secures $43M for AI-Powered Solutions for Senior Living Communities

by Fred Pennic 01/28/2025 Leave a Comment

SafelyYou Secures $43M for AI-Powered Solutions for Senior Living Communities

What You Should Know:  - SafelyYou, a provider of AI-powered solutions for senior living communities, today announced a $43M Series C funding round led by Touring Capital.  - This latest investment brings SafelyYou's total funding to over $100M and will support the company's mission to empower safer, more person-centered care for seniors. Addressing the Growing Needs of Senior Living The senior living industry faces numerous challenges, including: High fall rates: Falls
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