What You Should Know:
- Talkiatry, a leading provider of in-network psychiatric care today announced it raised $20 million as completion of its Series A funding. The round includes an additional $15 million, led by Left Lane Capital with further participation from Dr. Richard Park, founder and former CEO of CityMD. In February 2021, Talkiatry kicked off its Series A round after raising $5 million led by Sikwoo Capital Partners with participation from Relevance Ventures and Dr. Park.
- The
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Connie Health Nabs $13M for Tech-Enabled Medicare Navigation Platform
What You Should Know:
- Connie Health, a Boston, MA-based tech-enabled consumer Medicare navigation platform helping Americans make more informed health and financial choices has raised $13M in Series A round funding led by Khosla Ventures and Pittango Healthtech.
Unlike employment-based health insurance, where people have two or three options, seniors face hundreds of Medicare choices which are delivered at the individual County
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Nym Health Raises $25M to Expand Automated Medical Coding Platform
- Today, Nym Health, a leader in explainable AI and automated medical coding, announced an additional $25M in funding, led by Addition brings the company’s total funding to $47.5M. Addition joins existing investors GV, Dynamic Loop Capital, Tiger Global, Bessemer Venture Partners, and Lightspeed, as well as angel investors Zach Weinberg and Nat Turner.
- The new investment will be used to scale product development and accelerate the rapid adoption of Nym's automated medical coding
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Israeli Startup Aidoc Raises $65M for AI-Powered Medical Imaging Platform
What You Should Know:
- Aidoc, a Tel Aviv-based provider of artificial intelligence (AI) solutions for medical imaging, announced it has raised $65M in Series C funding led by General Catalyst, bringing its total funding to $140M.
- This Series C round comes on the heels of a surge in demand for Aidoc’s AI-driven solutions, including the largest clinical deployment of AI in healthcare through its partnership with Radiology Partners.
- Founded in 2016, Aidoc’s solutions aid
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Axuall Raises $10.4M to Expand Workforce Intelligent Network for Healthcare
What You Should Know:
- Axuall, a Cleveland, OH-based workforce intelligent network that enables healthcare providers to share their authenticated credentials and qualifications in real-time has raised $10.4M in Series A funding led by Flare Capital Partners. The round also included participation from co-investors Intermountain Ventures, University Hospitals Ventures, MedStar Health, Epsilon Health, InHealth Ventures, AV8 Ventures, JumpStart, M25 Ventures, and North Coast Ventures.
-
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Banjo Health Lands $5M for AI-Driven Prior Authorization Platform
What You Should Know:
- Banjo Health, a Washington-based provider of AI-driven prior authorization ("PA") solutions, announced today it has raised in excess of $5 million in Series A financing led by Epsilon Health Investors, with participation from Spark Growth Ventures and Tau Ventures. Epsilon Health Investors Co-Founder and General Partner, Gregory Epstein, will be joining Banjo Health's Board of Directors.
- Banjo Health is focused on bringing transparency and automation to PA through
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Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution
What You Should Know:
- Today, healthcare automation company Olive, today announced a $400M in funding round led by Vista Equity Partners with additional investment from the Base10 Partners Advancement Initiative. Olive, a provider of AI powered workforce purpose-built for healthcare, has now secured $832 million in financing since March 2020, and $902 million since the company’s inception in 2012 bringing the company’s total valuation to $4 billion.
- The company plans to use
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Cortica Raises $60M to Expand Comprehensive Autism Care Model Nationwide
What You Should Know:
- Cortica, Inc. ("Cortica"), a San Diego, CA-based tech-enabled clinical services for autism and other neurodevelopmental conditions, announced it has raised $60 million in financing to further its mission to transform autism care. The funding was led by Longitude Capital with participation from new investors .406 Ventures and Adam Boehler, along with existing investors Questa Capital and Aperture Venture Partners. Silicon Valley Bank also participated by expanding
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EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device
What You Should Know:
- EchoNous, a Redmond, WA-based portable AI-guided ultrasound tools and platform, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”).
- The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor since 2015. Kennedy Lewis' funding will help further the development of and grow adoption for the Kosmos platform, which is
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4G Clinical Secures $230M for Randomization and Trial Supply Management
What You Should Know:
- 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company, today announced it has entered into an agreement to receive a growth equity investment of over $230MM from Goldman Sachs Asset Management ("Goldman Sachs").
- Founded in 2015, 4G Clinical's Prancer RTSMⓇ enables life sciences companies to reach First Patient In (FPI) up to 50% faster than other providers and implement mid-study changes more efficiently. 4G Clinical's clinical
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