What You Should Know: - Luma Health, a provider of patient engagement technology raises $130M to unify, automate, and transform patients’ healthcare journey. Luma Health, a San Francisco, CA-based patient engagement platform, today announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Alira Health Acquires Digital Health Engagement Platform Patchai
What You Should Know: Alira Health acquires Italy-based Patchai, a cognitive platform embedding an empathetic virtual assistant for patient engagement and real-time data collection. This marks Alira Health’s second digital health acquisition, furthering the company’s rapid expansion into patient-centric, technology-enabled solutions for healthcare providers, payers, and suppliers. Alira Health, a Framingham, MA-based health care consultancy, announced that it has acquired Italy-based
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Biotech R&D Platform Benchling Closes $100M at $6B Valuation
What You Should Know: Biotech R&D platform Benchling raises $100M at a $6B valuation, co-led by Franklin Templeton and Altimeter Capital to expand product development and global footprint, particularly in EMEA. More than 200,000 scientists at over 600 companies and 7,000 research institutions globally have adopted Benchling's R&D Cloud to make breakthrough discoveries and bring the next generation of medicines, food, and materials to market faster than ever before. The R&D
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EasyHealth Secures $135M to Redesign Medicare Experience
What You Should Know: - Easyhealth raises $135M to redesign Medicare with its end-to-end Medicare experience to help 50 million Medicare members find the best plan and support them through their healthcare journey. EasyHealth, an LA-based company connecting coverage and care with an end-to-end Medicare experience, today announced it has raised $135M in equity and debt funding to further its mission to improve health outcomes for Medicare members by connecting coverage and care. Funding
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aptihealth Raises $50M to Scale Behavioral Health Platform
What You Should Know: - aptihealth raises $50 million in Series B funding to scale higher acuity behavioral healthcare services. - New capital from world-class syndicate will accelerate the growth and expansion of aptihealth's tech-driven, novel care model for outcomes-based behavioral healthcare. aptihealth, a Boston, MA-based tech-driven behavioral health provider built to transform higher acuity care, today announced a $50 million Series B funding round from Takeda Digital
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Home Care Startup MedArrive Raises $25M for Affordable At-Home Care
What You Should Know: - Home care startup MedArrive raises $25M in Series A funding led by Section 32 to accelerate platform buildout, network expansion to bring affordable at-home care to vulnerable populations across the country. - MedArrive enables healthcare payers and providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost. - Since its founding in December 2020, MedArrive has doubled the
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LifePoint Health Launches Health Tech Incubator, 25m Health in Nashville
What You Should Know: - LifePoint Health launches 25m Health, a Nashville-based Healthtech Venture Studio with 25madison, as part of “LifePoint Forward” Innovation Strategy LifePoint Health has announced a partnership with New York-based venture studio 25madison to launch a first-of-its-kind health tech startup incubator in Nashville. Seeded with a starting investment of $20M and dubbed 25m Health, the incubator will bring together the expertise, network, and access to a large health
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H1 Raises $100M to Expand Healthcare Professional Data Network
What You Should Know: - Health tech startup H1 announced that it has raised a $100M Series C round of funding. NY-based H1 plans to invest the funds in the expansion of its data and network, product development and hiring, with a goal to make H1 the core global healthcare network for every medical professional and organization in the world. The Series C round was led by Altimeter Capital, joined by new investors Goldman Sachs Asset Management and Flex Capital, with
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Ribbon Health Raises $43.5M for Healthcare API Data Platform
What You Should Know: - Ribbon Health, an API data platform that powers high-quality, cost-effective, and convenient care decisions, announced a $43.5 million Series B investment led by General Catalyst and with participation from new and current investors, including Andreessen Horowitz (a16z), BoxGroup, Rock Health, and Sachin Jain. - Ribbon plans to use this funding to prioritize team expansion and technology investments to build a best-in-class data platform to simplify
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PathologyWatch Lands $25M for Digital Dermpath Lab Platform
What You Should Know: - Digital lab and pathology platform PathologyWatch, today announced $25 million in Series B funding with participation from Ceros Capital Markets, Rock Creek Capital,Springtide Capital, Spark Growth Ventures, Blueprint Health, Blackbrook Management Group, and existing investors. - AI in diagnostic services grew by 80% in 2020, largely in response to the COVID-19 pandemic, which also brought to our attention the need for more equitable and accessible healthcare. With
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