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

Antidote Health Raises $12M to Build First Virtual HMO in the U.S.

by Fred Pennic 08/25/2021 Leave a Comment

Antidote Health Raises $12M to Build First Virtual HMO in the U.S.

What You Should Know: - AntidoteHealth, a New York City-based telehealth provider making quality healthcare accessible to all Americans, today announced it has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The seed round was led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors.  - Antidote is an HMO, which means it cuts out the middleman, connecting simply patients to doctors. By offering a more
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Accenture Invests in Virtual Diagnostic Testing Platform ixlayer

by Fred Pennic 08/25/2021 Leave a Comment

Accenture Invests in Virtual Diagnostic Testing Platform ixlayer

What You Should Know: - Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed. - Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, payors and governments with the cloud-based IT infrastructure to scale products and
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K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy

by Jasmine Pennic 08/24/2021 Leave a Comment

K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy

What You Should Know: - KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed. - Trusst has built a proprietary, simulated way for users to have virtual conversations with national experts on topics ranging from shyness to trauma. The
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AllStripes Secures $50M to Advance Global Rare Disease Research Platform

by Fred Pennic 08/24/2021 Leave a Comment

AllStripes Secures $50M to Advance Global Rare Disease Research Platform

- AllStripes, a San Francisco-based healthcare technology company dedicated to unlocking treatments for people affected by rare diseases, today announced it has raised $50 million in Series B funding led by Lux Capital, a current investor, joined by JAZZ Venture Partners, Spark Capital, Medidata Solutions, McKesson Ventures, and Maveron. The round also included participation from angel investors including Arif Nathoo, CEO of Komodo Health, and Leila Zegna, Director
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Equum Medical Raises $20M to Expand Acute Care Telehealth Solutions

by Jasmine Pennic 08/24/2021 Leave a Comment

Equum Medical Raises $20M to Expand Acute Care Telehealth Solutions

What You Should Know: - Equum Medical, a New York City-based provider of acute care telehealth and teleICU solutions, today announced that it raised $20 million in growth equity from Heritage Group. - Equum Medical brings together an experienced team of clinicians with advanced, data-driven change management methodologies to provide a variety of acute care telehealth services, hospitals and health systems are able to access scarce clinical resources when and where they need them. The
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MindRhythm Raises $5M for Stroke Triage Medical Device in EMS Settings

by Jasmine Pennic 08/24/2021 Leave a Comment

MindRhythm Raises $5M for Stroke Triage Medical Device in EMS Settings

What You Should Know: - MindRhythm, a medical technology company focused on preventing neurological injury in stroke, today announced it has raised $5 Million in an oversubscribed round of seed funding. Principal investors include Pierre and David Lamond; Corey Goodman, PhD, Managing Partner of venBio and Board Chairman for MindRhythm; DCVC; Aestus Capital; Perseverance Capital Management; Blue Fog Capital; Franklin Berger, Managing Director at FMB Research and Kyle York, CEO and managing
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UPMC Launches Drug Discovery Company Novasenta to Develop Targeted Immunotherapy Drugs for Cancer

by Fred Pennic 08/23/2021 Leave a Comment

UPMC Launches Drug Discovery Company Novasenta to Develop Targeted Immunotherapy Drugs for Cancer

What You Should Know: - UPMC today announced the launch of Novasenta, a drug discovery and development company seeking novel and effective treatments for cancer.  Co-founded in late 2018 by Robert Ferris, M.D., Ph.D., Dario Vignali, Ph.D., and Greg Delgoffe, Ph.D., all of the UPMC Hillman Cancer Center and Pitt, Novasenta is currently focused on T-cell targets and rapidly advancing programs with the goal of launching its first clinical trial by the end of 2023. - Based on years
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MiSalud Launches Digital Health and Wellness Platform for the Underserved US Hispanic Community

by Fred Pennic 08/20/2021 Leave a Comment

MiSalud Launches Personalized Digital Health and Wellness Platform for the Underserved US Hispanic Community

What You Should Know: - MiSalud Inc., a San Francisco-based digital health startup has raised $5M and is launching the beta version of their digital health and wellness platform led by Pivotal Ventures, a Melinda French Gates company, with Magnify Ventures. MiSalud, which means My Health in Spanish, aims to make healthcare more inclusive by offering personalized healthcare services to US Hispanics through its mobile app and platform. - MiSalud offers a unique combination of personalized
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bttn. Nabs $5M for E-commerce Platform for Medical Supply Procurement

by Jasmine Pennic 08/20/2021 Leave a Comment

bttn. Nabs $5M for E-commerce Platform for Medical Supply Procurement

What You Should Know: - bttn., a Seattle-based B2B E-commerce platform for medical supply procurement today announced it has  closed a $5M add-on to its seed round led by FUSE.  - bttn e-commerce platform address critical supply chain issues such price volatility and constrained access to medical supplies, while rapidly onboarding customers and expanding to all healthcare providers across the country. - The company plans to use the seed funding to expand bttn.'s
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TRIPP Acquires PsyAssist to Support Patients with VR-Powered Psychedelic Therapy

by Fred Pennic 08/20/2021 Leave a Comment

TRIPP Acquires PsyAssist to Support Patients with VR-Powered Psychedelic Therapy

TRIPP, the fastest-growing digital psychedelics platform today acquired PsyAssist to commercialize a first-of-its-kind offering that supports the psychological healing journey of patients in psychedelic-assisted therapies. Financial details of the acquisition were not disclosed. The acquisition will empower psychotherapists and patients to safely and effectively use TRIPP’s VR, AR, and mobile experiences for ketamine-assisted therapy, and clinical trials of MDMA, and psilocybin
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