What You Should Know:
- Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a year after the company launched, and only 3 months after a Series A extension.
- Cohere Health’s AI-based, fully
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Transparent Health Marketplace Raises $30M for Worker’s Compensation Platform
What You Should Know:
- Today Transparent Health Marketplace, Inc. (THM) has announced a $30 million Series C led by ARTIS Ventures to implement a completely different approach to workers’ compensation and healthcare – using proven marketplace technology that positively transformed travel, finance and other industries.
- New investors in the round include Phase 2 Partners, combined with significant participation from existing institutional and individual investors. The latest funding
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Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
What You Should Know:
- Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated with University of Colorado Anschutz Medical Campus), Asset Management Ventures, Maverick Ventures, Healthy Ventures, Waterline Ventures, Seven Peaks Ventures, Katalyst Ventures, and Atypical
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Digital Companion App Empathy Raises $13M to Help Families Deal with Death
What You Should Know:
- Today, Empathy, a digital companion app combining technology and human support to empower bereaved families, is coming out of stealth with $13M in seed funding, backed by major VC firms including General Catalyst and Aleph.
- Empathy’s technology streamlines the bureaucracy around loss - freeing families to deal with emotional repercussions and to be there for one another. Launched in 2021 and headquartered in New York and Tel Aviv, Empathy was founded by Ron Gura
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Inbox Health Raises $15M for Intelligent Patient Billing Engagement Platform
What You Should Know:
- Inbox Health, the platform modernizing patient payments announced it has raised $15M in Series A funding led by Commerce Ventures with participation from new and existing investors, including venture firms Vertical Venture Partners, Healthy Ventures, Collaborative Fund, Fairview Capital, CT Innovations, and I2BF Global Ventures, as well as several industry leading individuals including Bill Clerico, Co-Founder and Former CEO of WePay.
- The company plans to utilize
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AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems
What You Should Know:
- AKASA (formerly known as Alpha Health), a South San Francisco, CA-based Unified Automation™ company for revenue cycle management in healthcare, announced it has raised $60 million in its series B round of funding.
- Founded in 2018, AKASA uses the same machine learning approaches that made driverless cars possible to provide health systems with a single solution for automating revenue cycle operations. AKASA’s unique expert-in-the-loop approach combines modern
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AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know:
- AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year.
- Founded in 2015, AppliedVR provides
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Ro Nabs $500M to Strengthen Vertically Integrated Primary Care Platform
What You Should Know:
- Ro, the healthcare technology company, today announced it has raised $500 million in Series D fundraising round led by existing investors General Catalyst, FirstMark Capital and TQ Ventures, with significant participation from existing investors SignalFire, Torch and BoxGroup as well as new investors Altimeter, Baupost, Dragoneer, Shawspring, Radcliff, and 776. The Series D brings Ro’s total fundraising since its founding in 2017 to $876 million.
- This news
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Evidation Health Nabs $153M to Expand Virtual Health Programs
What You Should Know:
- Evidation Health announced it has raised $153 million in Series E funding co-led by OMERS Growth Equity and Kaiser Permanente Group Trust. Existing investors including McKesson Ventures and B Capital also joined.
- Founded in 2012, Evidation measures health in everyday life and enables anyone to participate in ground-breaking research and health programs.
- Evidation, which works with nine of the 10 largest global biopharma companies, already delivers research
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Komodo Health Secures $220M for Life Sciences Data Platform at $3.3B Valuation
What You Should Know:
- Komodo Health announces $220M Series E investment to advance its enterprise healthcare and life sciences platform. At a $3.3 billion valuation, the investment underscores the company's rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare industry.
- Founded in 2014, Komodo Health’s Healthcare Map™ is the industry’s largest and most complete record of
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