What You Should Know: - Inato, a technology platform that connects pharma companies (trial sponsors) with community-based trial sites raises $20M in new funding (A2) led by Cathay Innovation with participation from existing investor Obvious Ventures and new investors La Maison and Top Harvest Capital. Inato works with many of the top 30 pharmaceutical companies worldwide to make clinical trials more inclusive. - The new funding will fuel Inato’s continued product innovation, international
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Zorro Launches with $11.5M to Revolutionize Employee Health Benefits
What You Should Know: - Zorro, a digital health company optimizing the health benefits experience for employees, employers and brokers, announced its launch out of stealth with $11.5M seed funding round co-led by Pitango and 10D. - The process of offering employee benefits is complicated, opaque and burdensome. For employers and brokers, offering benefits often results in unpredictable budgets, endless administration, and a distraction from the core business. For employees, health
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DW Healthcare Partners Closes $210M Fund to Invest in Healthcare Companies
What You Should Know: - DW Healthcare Partners (“DWHP”), a healthcare-focused private equity firm, announced the closing of DW Healthcare Partners Small Cap, L.P. (“Founders Fund”), a $210M fund focused on lower middle market healthcare investments. This new fund brings DWHP’s total capital under management to USD $1.3 billion. - The Founders Fund will invest in companies that are $3M to 6M EBITDA. The fund currently has two investments: TubeWriter and DermLite.
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Vital Secures $24.7M for AI-Driven Solutions for Hospitals, Health Systems
What You Should Know: - Vital, an artificial intelligence (AI)-driven digital health company improving the patient experience, today announced that it has raised $24.7M in Series B funding to fuel expansion and support the rapid growth of its modern software. The investment round led by Transformation Capital, with support from Threshold Ventures, strategic health system investors and Vital CEO / Mint.com creator Aaron Patzer, brings Vital’s total funding to over
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Zus Health Raises $40M, Partners with Primary Care EHR Elation
What You Should Know: - Zus Health, (pronounced "Zoose"), a next-generation shared health data platform bringing distributed patient data directly to the point of care, announced today that the company has closed a $40 million financing from JAZZ Venture Partners, F-Prime Capital, Maverick Ventures, and Andreessen Horowitz (a16z). - Zus is the only shared health data platform designed to accelerate healthcare data interoperability by providing easy-to-use patient data at the
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Maribel Health Raises $25M to Create the Future of Advanced Care at Home
What You Should Know: - Maribel Health, a turnkey partner for health systems looking to design, build, and operate a full continuum of advanced home and community services, announced today the completion of a $25 million Series A funding round led by General Catalyst. - The new funding will be used to accelerate growth with Maribel's initial partners, to attract and onboard the talent required to serve its collaborators worldwide and to support continued
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OpenLoop Secures $15M for White-Label Telehealth Support
What You Should Know: - OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding. - The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable
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Protai Raises $20M to Build an Oncology Drug Discovery Pipeline
What You Should Know: - Protai, a proteomics and AI-powered drug discovery startup revolutionizing the way new drugs are discovered, today announced a $12 million extension of its seed round, bringing the total amount to $20M. - The round includes existing investors Grove Ventures and Pitango Healthcare and was joined by Copenhagen-based Maj Invest Equity Fund. The additional funding will be used to build Protai’s oncology drug discovery pipeline, expand data
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FemTech Startup Iron Health Launches with $4.5M to Empower OB/GYNs
What You Should Know: - Built at Redesign Health, Iron Health, the tech-enabled, virtual care partner that empowers OB/GYNs and their patients today announced its official launch with $4.5 million in seed investment. - March of Dimes both contributed funds to Iron Health as part of its seed as its first investment from its first Innovation Fund but is also a partner resource for the startup. Iron Health addresses the fragmentation between OB/GYN, primary,
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Aiberry Secures $8M for AI-Powered Mental Health Screenings
What You Should Know: - Aiberry (pronounced “I” + “berry”), an AI-powered mental health screening pioneer today announced that it has secured $8M in seed funding led by Confluence Capital Group, Inc. (CCG) with participation from the VC fund Ascension AI. This brings total funding to $10M - The company plans to use the latest round of funding to accelerate the adoption of the Aiberry platform, which uses an AI-powered therapeutic assistant to conduct a conversation to detect mental health
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