What You Should Know:
- Flume Health, a New York City-based health plan administration platform for the modern fragmented healthcare today announced a $6M Seed II round, bringing its total amount raised to $10M. The Seed II round was led by new investor Crosslink Capital, with participation from new investors Route 66 Ventures and Convene CEO Ryan Simonetti. Existing investors Accomplice, Founder Collective and Primary Venture Partners also participated in the Seed II round, which brings
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Digestive Health Market Map: Spectrum from Wellness to Chronic
Much like mental health, sexual health, and other conditions with social stigma, digestive health disorders cause many to suffer in silence. Only recently has society embraced a more public discussion of digestive health, ranging from wellness and performance to clinical prevention and chronic care management.
A confluence of social acceptance, innovation, and worsening public health are key driving forces for a broad array of emerging technology companies entering the category.
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AcuityMD Nabs $7M for Targeting Platform for Medical Device Companies
What You Should Know:
- AcuityMD, a platform for commercializing and improving medical devices with data announced it has raised $7M in funding led by Benchmark with participation from Ajax Health. Eric Vishria, General Partner at Benchmark will also join AcuityMD’s board of directors.
- Since launching commercially in 2020, AcuityMD has become a trusted partner within the medical device industry by creating a data platform for the entire medical device lifecycle, from sale and
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Wheel Secures $50M for White-Labeled Virtual Care Platform
Wheel is Powering the Virtual Care Industry from Wheel on Vimeo.
What You Should Know:
- Wheel, a Austin, TX-based virtual care company, today announced a $50M series B round led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan. The round brings its total funding to $66M to date.
- Today Wheel provides its white-labeled service to companies across a wide variety of industries, including publicly-traded
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Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform
What You Should Know:
- Cynerio, a leading provider of Healthcare IoT cybersecurity and asset management solutions, today announced it has secured $30 million in Series B funding led by ALIVE Israel HealthTech Fund, Israel's pioneering HealthTech investment fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round.
- Notably, the COVID-19 pandemic caused a nearly 50% increase in the
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7WireVentures Launches $150M Connected Consumer Health Fund
What You Should Know:
- Digital health venture capital firm 7WireVentures today announced it has closed a $150M Connected Consumer Health Fund to invest in early-stage digital health businesses that empower an Informed Connected Healthcare Consumer.
- In addition to the fund, 7WireVentures announced the addition of new healthcare organizations to the Connected Consumer Health Coalition, a partnership of top health plans, health systems, employers, and life science organizations. Select
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Eleanor Health Secures $20M for Value-Based Addiction and Mental Health Treatment
What You Should Know:
- Eleanor Health, a Waltham, MA-based outpatient addiction and mental health provider delivering convenient and comprehensive care through a population and value-based payment structure, today announced it has closed an oversubscribed $20M Series B financing. The round included participation from all existing investors including Town Hall Ventures, Echo Health Ventures, and Mosaic Health Solutions, as well as new participation from Warburg Pincus.
- Committed to
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SymphonyRM Secures $25M to Transform Providers into Member-Focused Enterprises
What You Should Know:
- SymphonyRM, a Palo Alto-based health IT company announced today that it has raised $25M in Series B funding. The round is led by new investment partner TT Capital Partners (TTCP) with continued investment from Adams Street Partners (Adams Street). The latest round of funding brings SymphonyRM total raised to date at $35M.
- SymphonyRM is helping health systems transform how they acquire, engage, and retain patients by creating an engagement model rivaling the
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Cue Health Raises $235M to Scale Connected, Molecular Diagnostic System
What You Should Know:
- Cue Health Inc., a health technology company, today announced the closing of a $235 million private financing round. The investment includes participation from new investors Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, CAVU Ventures, ACME Capital, and others.
- In March, the FDA granted Emergency Use Authorization for
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Perceptive Advisors Closes $515M Early-Stage Biotech Fund
What You Should Know:
- Perceptive Advisors and biotech accelerator Xontogeny, focused on seed investment, incubation and collaboration, have raised their second venture capital fund, the Perceptive Xontogeny Ventures Fund II (PXV Fund II), totaling an over-subscribed $515 million. This more than triples Assets Under Management to more than $700M in less than two years.
- The
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