What You Should Know:
- Toronto-based digital mental health and wellness
platform, LifeSpeak raises $42M CAD in minority equity investment to accelerate
its global growth trajectory.
- The platform, offered remotely to employees and health plan members, covers topics such as preventative health, mental health (including depression, anxiety, addiction, isolation, suicide, etc.), marital and relationship advice, parenting, and eldercare.
LifeSpeak Inc., a Toronto, ON-based
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Grand Rounds Nabs $175M to Expand Clinical Navigation Platform
What You Should Know:
- Grand Rounds raises $175 million in funding, led by The
Carlyle Group, to accelerate clinical navigation and virtual primary care.
- Grand Rounds has raised over $270 million to date,
allowing the business to continue scaling its operations across the country.
Grand Rounds, a San Francisco, CA-based healthcare company that matches employers and employees to high-quality healthcare, announced today it raised $175M in funding led by The Carlyle Group. The
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TruePill Raises $75M to Launch At-Home Lab Testing Network
What You Should Know:
- Truepill raises $75 million in Series C funding To expand platform services and launch an at-home lab diagnostics network.
- The company plans to use the funds to expand Truepill’s ecosystem of direct-to-patient capabilities, which includes the Truepill Health telehealth network, pharmacy fulfillment, a custom-built EMR, and more.
Truepill, a San Mateo, CA-based building world-class patient experiences through its API-connected healthcare infrastructure,
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ENvizion Raises $18M for “Waze”-Like Tool for Human Digestive Tract
What You Should Know:
- ENvizion, the FDA 510(k) cleared leader for enteral feeding
tube (EFT) navigation technology, has raised $18M for the ENvue
system, its “Waze”-like tool for the human digestive tract.
- ENvizion’s device enables nurses to navigate the
feeding tube with the help of a real-time 3D map of the patient’s actual body,
and its sensor warns if the tube has veered towards the lungs.
- The company is also partnering with one of the largest private
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Biofourmis Lands $100M to Expand AI-Powered Digital Therapeutics Platform
What You Should Know:
- Boston-based digital therapeutics leader Biofourmis
just closed a $100 million Series C funding round led by SoftBank,
bringing its total funding to $145M.
- Biofourmis will be using the funding to develop, validate and commercialize several released and unreleased digital therapeutics solutions across cardiology, oncology, respiratory, and pain, with a focus on the United States and key Asian markets, including Asia Pacific, China, and
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Techstars’ UnitedHealthcare Accelerator Launches 2020 Class of 10 Startups
What You Should Know:
- Techstars announces the second class of 10 startups for
the UnitedHealthcare Accelerator Powered by Techstars.
- This year’s class represents a diversity of ideas, geographies, capabilities, and technologies and are tackling challenges in areas such as health equity, care delivery model innovation, telemedicine, remote patient monitoring, mental health, behavioral economics, and more.
Today, Techstars announce the 10 startups joining the second class of
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Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy
What You Should Know:
- Mental health benefits provider Lyra Health raises $110M
in Series D funding, bringing its valuation to $1.1 billion.
- Lyra has grown significantly in 2020. So far this year,
the company has added more than 800,000 new members to the population eligible
to receive Lyra benefits, bringing its total member population to more than 1.5
million.
- Amid, the COVID-19 pandemic, Lyra is focused on
expanding its enhanced teletherapy offering — Lyra Blended Care —
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Led by Mount Sinai, Trellus Health Nabs $5M for Precision Platform for Complex Chronic Conditions
What You Should Know:
- Trellus Health secures $5M in seed funding and
collaborates with Mount Sinai to deliver resilience-driven, connected care,
integrating expert clinical and behavioral health for better outcomes.
- The first disease Trellus will tackle is IBD, which is
one of the costliest chronic conditions with a high mental health burden.
Trellus Health, a New York City-based provider of resilience-driven care for people with complex chronic conditions, announced it has
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UK Cancer Diagnostics Startup Biofidelity Raises $12M
What You Should Know:
- UK-based Biofidelity raises $12 million in Series A funding to accelerate the launch of disruptive cancer diagnostic technology.
- The funding will be used to bring technology to market,
enabling a dramatic simplification of precision genetic testing to ensure many
more cancer patients receive optimal diagnosis and therapy.
Biofidelity Ltd, a Cambridge,
UK-based cancer diagnostics company, today announced it has raised $12 million
in Series A funding led by
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Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform
What You Should Know:
- Brightline raises $20 million to bring its virtual behavioral
healthcare platform to kids and families across California and beyond.
- Brightline delivers integrated care through innovative
technology, virtual behavioral health services, and a collaborative care team
focused on supporting children across developmental stages and their families.
Brightline, a
Palo Alto, CA-based provider of technology-enabled pediatric behavioral healthcare,
announced it has
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