What You Should Know:
- Tyto Care raises $50M in an oversubscribed round co-led by Insight Partners to expand its modular device and telehealth platform for on-demand, remote medical examinations.
- The growth round doubles the telehealth company’s total funding after serving over 100 health organizations, thousands of clinicians, and hundreds of thousands of patients in 2019.
Tyto Care, the healthcare industry’s first all-in-one modular device and telehealth platform for
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Datos Health Nabs $7M to Hospital-Grade, Automated Remote Care Platform
What You Should Know:
- Israeli-based digital health startup Datos Health raises $7M in Series A funding led by Israeli venture fund Crescendo Venture Partners.
- The successful fundraising comes amid surging interest in the Datos’ versatile and robust remote patient care platform, demonstrated in its timely deployment to support leading US and Israeli healthcare providers – including Rochester Regional Health and Sheba Medical Center – to enable remote care and monitoring for home
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SV Health Investors Forms $90M Medtech Convergence Fund
What You Should Know:
- SV Health Investors forms $90M Medtech Convergence Fund (MCF) focused on the increasing convergence of medical technology with software, telecommunications, and new service models to create solutions to some of the most significant health challenges.
- MCF will focus on early-stage, novel device and technology solutions that are differentiated in usability and outcomes with meaningful barriers to entry through IP, design, and clinical data.
SV Health
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SonderMind Raises $27M to Expand Behavioral Health Marketplace
What You Should Know:
- Today, SonderMind, a 500-strong integrated network of community behavioral health professionals announced a $27 million Series B financing.
- With a goal of making behavioral health more accessible, available and utilized, SonderMind is very active easing the minds of the worried well and enabling a value proposition for therapists (to the benefit of patients) that is pushing therapy beyond the better-heeled patient that can afford self-pay to the bulk of the
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Olive Lands $51M to Power AI-Powered Digital Employee Platform
What You Should Know:
- Olive, a company automates healthcare’s most robotic processes raises $51M in funding led by General Catalyst.
- Olive automates healthcare’s most costly, high-volume tasks using the building blocks of artificial intelligence: robotic process automation, computer vision, and machine learning.
- Working alongside healthcare employees, Olive is trained to think cognitively and make complex decisions faster, and more accurately than human employees
Olive,
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Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care
What You Should Know:
Bright.md announced the close of an $8 million series C
to deliver critical capacity to support patient care in the midst of a COVID-19
pandemic and to help flatten the curve.
The funding will be used for a massive expansion effort
to bring non-video telehealth to aid frontline healthcare workers and the
patients they are treating.
Over six years, Bright.md has stretched $12.5 million to
advance its AI-powered automation platform for primary and urgent
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Gates Foundation, Wellcome, Mastercard Launch COVID-19 Therapeutics Accelerator
What You Need to Know:
- Bill & Melinda Gates Foundation, Wellcome and Mastercard launch COVID-19 Therapeutics Accelerator to speed development and access to therapies for COVID-19, committing up to $125M in funding.
- COVID-19 Therapeutics Accelerator will coordinate R&D efforts and remove barriers to drug development and scale-up to address the epidemic.
The Bill & Melinda Gates Foundation, Wellcome and Mastercard announced the launch of the COVID-19 Therapeutics
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RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians
What You Need to Know:
- Leading eConsult platform RubiconMD raises $18M in Series C funding led by Deerfield Management Company to expand its product offerings to better serve primary care clinicians.
- RubiconMD’s eConsult platform enables primary care clinicians to easily and quickly discuss their eConsults with top specialists, so they can provide better care–improving the patient experience and reducing costs.
RubiconMD, an NYC-based eConsult platform providing access to
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b.well Connected Health Raises $16M for Personalized Health Platform
What You Need to Know:
- b.well raises $16 million in Series A funding led by UnityPoint Health Ventures, bringing the company's total funding to over $27 million.
- b.well provides a configurable digital platform to healthcare stakeholders to solve for interoperability and consolidation of point solutions through the lens of a consumer.
b.well Connected
Health, a Baltimore, MD-based platform designed to provide consumers a new
front end to healthcare, announced it has raised $16
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Element Science Nabs $145.6M to Commercialize Wearable Cardioverter Defibrillator
What You Need to Know:
- Element Science raises $145.6M in Series C funding to led by Deerfield Healthcare and Qiming Venture Partners USA, includes Cormorant Asset Management and Invus Opportunities.
- Funding will enable Element Science to complete clinical studies, begin U.S. commercialization of its digital wearable platform focused on high-risk cardiovascular patients transitioning from the hospital-to-home.
Element Science,
a San Francisco, CA-based innovative health
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