- Cornerstone AI, a new company solving healthcare’s data challenges to improve research and care, publicly launched its first-of-its-kind AI platform.
- The company also announced a $5M seed round led by Healthy Ventures. The funding marked the first investment for Initiate’s affiliated fund, Initiate Ventures. Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
ForSight Robotics Raises $55M to Develop Robotic Cataract Surgery Procedure
What You Should Know:
- Israeli-based ForSight Robotics, the pioneer in ophthalmic robotic surgery raises $55M in Series A funding to advance the world’s first surgical platform for fully robotic cataract surgery: ORYOM. The round was led by The Adani Group with existing investors Eclipse Ventures and Mithril Capital. A number of new investors, including Provenio Capital, Precision Capital, Reiya Ventures, the Ljungstrom family office, and other prominent private investors also joined the
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Canvas Medical Raises $24M for EMR & Payments Platform
What You Should Know:
- Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, has raised $24M in Series B funding led by M13 with participation from Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures, and Irongrey.
- In addition to this funding, Canvas has achieved federal certification through the Office of the National Coordinator for Health Information Technology (ONC).
A Full-Stack Ambulatory EMR and
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Wysa Secures $20M for AI-Powered Mental Health Chatbot
What You Should Know:
- Wysa, a Boston, MA-based AI digital platform for mental health, today announces it has secured $20M in financing led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others.
- Funds will enable access to clinically evidenced digital therapeutics (DTx) in the US, UK, India and other global
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Northwell Invests $10M in Brightline for Virtual Pediatric Behavioral Healthcare
What You Should Know:
- Brightline, the category leader in virtual behavioral healthcare for children, adolescents, and families, announced a $10M investment by Northwell Health, New York's largest healthcare provider, bringing its total Series C funding to $115M.
- This strategic investment and partnership will create greater access to innovative pediatric mental health services across the New York Metro area at a critical time for families.
The Only National One-Stop-Shop
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Particle Health Raises $25M to Scale Health Data Exchange API Platform
What You Should Know:
- Particle Health, a New York-based API platform for advanced healthcare data exchange, , today announced its Series B financing of $25 million led by Canvas Ventures with participation from Menlo Ventures, Story Ventures, and Pruven Capital. The financing brings the organization’s total capital raised to $39.3M.
- From a healthcare infrastructure perspective, the company is leading the industry in applying the next-generation FHIR data format to make interoperability
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Moving Analytics Nabs $20M for Virtual & Remote Cardiac Rehab Program
What You Should Know:
- Moving Analytics, an Irvine, CA-based telehealth provider of cardiovascular prevention programs raises $20M in Series A funding led by Wellington Access Ventures and Seae Ventures with participation from Philips Ventures, SteelSky Ventures, Aphelion Capital (American Heart Association's official VC fund), Nueterra Capital, and Citi Ventures. This round brings the company's total funding to $30M.
- Moving Analytics plans to use the new funds to
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Tebra Raises $72M to Help Independent Practices Thrive
What You Should Know:
- Tebra, the digital backbone for independent healthcare practices, announced that it has closed more than $72M in funding at a valuation greater than $1B.
- This capital infusion will accelerate Tebra’s merger plans including expanding market share, developing and launching the combined product line and advancing the new branding for the company. Tebra supports over 100,000 providers who are delivering care to more than 90 million patients in the U.S.
Digital
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RefleXion Medical Raises $125M for Biology-Guided Radiotherapy
What You Should Know:
- RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT) for all stages of cancer, today announced the closing of a $125M debt facility, of which $55M is available immediately to repay the company’s existing $50M of debt.
- The remaining $70M of the new facility will be made available upon reaching certain regulatory and commercial milestones. The funds will support the continued commercialization of the RefleXion X1
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Regard Raises $15.3M for AI Co-Pilot to Diagnose Medical Conditions
What You Should Know:
- Regard (formerly known as HealthTensor), a L.A.-based software company developing an artificial intelligence (AI) co-pilot for physicians to help diagnose medical conditions, announced its $15.3 million in Series A funding led by Calibrate Ventures and Foundry Group, with participation from additional investors.
- The funding will be used to help grow the Regard team to support more clients, reduce integration time and expedite reach to new physicians and hospitals,
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