What You Should Know:
- Caduceus LAUNCH, a digital health accelerator program, has announced the selection of six new startups for its fall cohort.
- The chosen companies were selected from a competitive pool of over 250 applicants from across the country. The accelerator program is designed to drive transformative impact and unlock profitable growth for emerging digital health companies.
The Six Selected Startups
The following six digital health startups were accepted
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Diana Health Secures $55M to Expand Women’s Health Programs
What You Should Know:
- Diana Health, a company that partners with hospitals to create innovative women's health programs secures $55M in Series C funding round led by HealthQuest Capital.
- The funding, which also included previous investors Norwest Venture Partners, .406 Ventures, LRVHealth, and AlleyCorp, will be used to expand Diana Health's physical footprint, enhance its integrated clinical programming, and improve its digital platform. These efforts are designed to deliver
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Penguin AI Secures $29.7M to Automate Healthcare Administrative Workflows
What You Should Know:
- Penguin Ai, a healthcare artificial intelligence company that solves administrative burdens, announced today that it has secured $29.7 million in venture funding, including a $25M Series A led by Greycroft.
- Other participants in the financing include UPMC Enterprises, SemperVirens, Snowflake Ventures, Watershed Ventures and Horizon Mutual Holdings, Inc, the parent of New Jersey’s largest and oldest health insurer.
Purpose-Built AI
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Goodpath Secures $18M to Expand AI-Powered Chronic Care Platform
What You Should Know:
- Goodpath, a virtual provider of whole-person care for chronic conditions secures $18M in Series A financing round led by MassMutual Ventures with participation from Healthy Ventures.
-The funding will be used to accelerate the expansion of its AI-driven, clinically validated care model. The platform provides an integrated experience for managing multiple conditions, including weight management, musculoskeletal (MSK) pain, sleep, digestive health, mental
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Optain Health Secures $26M for AI-Powered Retinal Screening
What You Should Know:
- Optain Health, a healthcare technology company specializing in AI, robotic retinal imaging, and teleophthalmology secures $26M in Series A funding round led by Insight Partners with participation from existing investors.
- The significant investment will enable Optain to scale its platform, expand into new markets, and advance the use of the eye as a window into whole-body health.
Leveraging Oculomics to Detect Systemic Diseases
Optain’s platform
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Teton.ai Secures $20M for Predictive AI Platform to Reinvent Elderly Care
What You Should Know:
- Teton.ai, the predictive intelligence company for modern healthcare, today announced a $20 million Series A fundraise.
- The round was led by Plural, which also led Teton’s seed round, with participation from Bertelsmann Investments, Antler Elevate and Nebular and follow-on investment from PSV Tech.
From Reactive to Predictive Care
Teton.ai is redefining healthcare delivery by shifting care from reactive to predictive. Its advanced AI and computer vision
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Strive Health Raises $550M to Expand Value-Based Kidney Care with AI and Analytics
What You Should Know:
- Strive Health, a provider of value-based kidney care announced it has secured $550M, consisting of a $300M Series D equity round and $250M in debt financing.
- The equity funding was led by New Enterprise Associates (NEA), with additional investments from a syndicate of leading financial institutions, including CVS Health Ventures, CapitalG, and BlackRock, Inc.. Hercules Capital led the debt financing.
- The funding will enable Strive and its team of
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Hello Patient Raises $22.5M to Scale Conversational AI for Patient Communications
What You Should Know:
- Hello Patient, a conversational AI company secures $22.5M in Series A financing led by Scale Venture Partners with participation from 8VC, Bling Capital, Max Ventures, Remus Capital, and FirstLook Partners.
- The Hello Patient platform handles end-to-end patient conversations across voice, text, and chat, helping healthcare practices run leaner, grow faster, and deliver better care. With this new funding, the company plans to continue expanding its product
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Revalia Bio Launches ‘Human Data Trials’ with $14.5M to Transform Drug Development
What You Should Know:
- Revalia Bio Inc., a new pre-clinical research company secures $14.5M in seed funding round to support the launch of its "Human Data Trials".
- The funding was co-led by America's Frontier Fund and Sierra Ventures, with participation from Roger Ferguson, former Vice Chair of the U.S. Federal Reserve, and other existing investors. This brings Revalia's total funding to $19.5M.
A New Paradigm for Pre-Clinical Research
The investment comes at a crucial time
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Ketryx Raises $39M to Accelerate AI-Powered Compliance in Life Sciences
What You Should Know:
- Ketryx, the AI-powered compliance platform helping life sciences companies ship safer products faster, today announced a $39 million Series B led by Transformation Capital, with participation from existing investors including Lightspeed Venture Partners, MIT’s E14 Fund, Ubiquity Ventures, and 53 Stations.
- This latest round brings the company’s total funding to over $55 million, and Vinay Shah, Partner and Founding Team Member at Transformation
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