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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Inbox Health Raises $15M for Intelligent Patient Billing Engagement Platform

by Fred Pennic 04/05/2021 Leave a Comment

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

by Jasmine Pennic 03/23/2021 Leave a Comment

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

by Fred Pennic 03/23/2021 Leave a Comment

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

by Jasmine Pennic 03/22/2021 Leave a Comment

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

by Fred Pennic 03/22/2021 Leave a Comment

Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

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

by Fred Pennic 03/22/2021 Leave a Comment

Komodo Health Acquires Cloud-Based Life Sciences Platform Nevis

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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Strive Health Raises $140M for Value-Based Kidney Care Platform

by Jasmine Pennic 03/16/2021 Leave a Comment

Strive Health Raises $140M for Value-Based Kidney Care Platform

What You Should Know: - Strive Health, a Denver-based provider of value-based kidney care today announced $140 million in Series B funding with Alphabet’s independent growth fund, CapitalG, as the lead investor. Strive has more than doubled its presence in regional markets and grown its employee base by more than 600% in the last year. This funding will further increase that momentum.  - Currently, there is $410 billion of unmanaged kidney disease
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Glooko Raises $30M to Expand Digital Diabetes Management Platform

by Jasmine Pennic 03/16/2021 Leave a Comment

Glooko Raises $30M to Expand Digital Diabetes Management Platform

What You Should Know: - Glooko, a Palo Alto, CA-based provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, today announced that they have raised a $30 million Series D round of funding. The funding was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic. - Glooko plans to use these proceeds from this funding to accelerate organic growth and
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Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health

by Jasmine Pennic 03/16/2021 Leave a Comment

Unite Us Expands Social Determinants of Health Platform to 6 States

What You Should Know: -   Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion.   - Unite Us is leading the care transformation movement towards whole-person health with its core product, Unite Us Platform, an outcome-focused coordination software sconnecting community-based organizations with health care providers, health plans,
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Variantyx Lands $20M for Whole Genome Sequencing Methodology

by Jasmine Pennic 03/15/2021 Leave a Comment

Variantyx Lands $20M for Whole Genome Sequencing Methodology

What You Should Know: - Variantyx, a Boston-based provider of high complexity hereditary disease testing, today announced that they secured $20M in funding for their Whole Genome Sequencing (WGS)-based testing methodology, an advanced genetic testing method currently used to diagnose rare inherited and neurological disorders. The series C funding round was led by GHS Fund (Quark Venture LP and GF Securities) and includes new investor, IBM Ventures and current investors, Pitango
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