What You Should Know:
- Elevate, a Denver, CO-based next-generation consumer-directed benefits platform, today announced that it has raised $12 million in Series A funding, co-led by Greycroft and Norwest Venture Partners, with participation from existing investors Bowery Capital. The fresh round of capital coincides with Elevate’s formal public launch after a year in stealth mode, as it looks to reimagine how employers and employees access, manage and experience consumer-directed benefits.
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Genetika+ Raises $10M for Personalized Medicine for Psychiatry Solution
What You Should Know:
- Genetika+, a female-founded startup focused on developing personalized medicine for psychiatry conditions, that the company has closed a $10 million Series A round led by GreyBird Ventures with participation from Meron Capital, Jumpspeed Ventures, Sapir Venture Partners, Howard Morgan Chairman of B Capital Group and Michael Zeisser of FMZ Ventures and former Chairman, Investments at Alibaba Group.
- Founded in 2018 by Talia Cohen-Solal, Ph.D., and Daphna
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axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution
- Wayspring, formerly axialHealthcare, announced today its new name and a $75M investment from Valtruis, Centene Corporation, CareSource, HLM Venture Partners, and existing investors Highmark Ventures, .406 Ventures, the Blue Venture Fund, and Oak HC/FT. Wayspring will use the capital to scale its value-based care solution, a full-risk medical home model for substance use disorder (SUD).
- Using data analytics to drive high-touch, high-impact outreach to the most at-risk
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AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups
What You Should Know:
- AlleyCorp, a NYC firm dedicated to founding, funding, and building transformative companies across industries today announced the launch of the AlleyCorp Healthcare Fund, an $100M early-stage venture capital healthcare fund and incubator. The physician-led healthcare fund builds on AlleyCorp’s momentum in digital health and responds to the growing need and opportunity, made all the more urgent by the pandemic, to enable higher-quality, lower-cost healthcare for
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Vital Raises $15M to Expand AI-Powered Emergency Department Platform
What You Should Know:
- Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold Ventures. Vital’s new ERAdvisor application gives patients and their caregivers in the ED real-time,
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TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform
What You Should Know:
– TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced it has raised an additional $5M of funding, increasing the overall investment to $25 million. The new strategic investors, American Cancer Society’s impact investment fund, BrightEdge, OSF Healthcare’s corporate investment arm, OSF Ventures, and Citi via their Citi Impact Fund, seek to reduce medical costs through TailorMed’s platform across all treatments and
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NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time
What You Should Know:
- NovaSignal Corp., a Los Angeles-based medical technology and data company specializing in the assessment and management of brain health, announced today it has closed $37M in a Series C1 round of funding led by Alpha Edison and Reimagined Ventures.
- By applying robotics and artificial intelligence to cerebral ultrasound, NovaSignal uniquely captures blood flow data in real time. The NovaSignal Platform empowers the clinical team with critical, real-time
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Membersy Raises $66M for Dental Subscription Management/Billing Platform
What You Should Know:
- membersy, the digital health company democratizing access to quality dental care through subscription-based dentistry, today announced it has raised $66 million from Spectrum Equity. The growth-investment coincides with several board member additions that will help guide the company as it reorients the dental industry's existing payment methodologies, empowering DSOs to engage and support their communities with subscription-based payment options and competitive pricing
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Inaugural AWS Healthcare Accelerator Finalists Announced
What You Should Know:
- Amazon Web Services (AWS), today announced the ten finalists and participants for the first ever AWS Healthcare Accelerator. The ten companies were selected from 427 applications from 31 countries around the world by a panel from Amazon Web Services (AWS) and KidsX. The AWS Healthcare Accelerator is a four-week technical, business, and mentorship accelerator opportunity open to U.S.-based healthcare startups or international healthcare startups that have
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Pearl Health Raises $18M to Support Independent Primary Care Physicians
What You Should Know:
- Pearl Health, a New York City-based primary care physicians (PCP) group today announced it has raised $18M in Series A funding led by a16z, with AlleyCorp and Kevin Ryan participating.
- Co-founded by Dr. Jeffrey De Flavio (founder of Groups: Recover Together), Michael Kopko (Oscar Health, Bridgewater Associates) and Ankit Patel (CMS Innovation Center, Clover Health), Pearl offers PCPs a fixed per-member-per-month payment for each Traditional Medicare member
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