What You Should Know:
- Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.
- The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019.
While the specific funding amount
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers
What You Should Know:
- Confido Health, a healthcare technology company developing AI-powered digital workers for specialty practices, has secured $3M in seed funding led by Together Fund.
- Confido Health was founded by serial entrepreneurs with expertise in AI-driven automation. The investment will fuel the company's mission to transform healthcare operations by automating administrative tasks and improving efficiency.
Addressing the Burden of Manual
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Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation
What You Should Know:
- Scripta Insights, an AI-powered pharmacy navigation platform, has secured $17M in Series B funding led by Aquiline, a private investment firm specializing in financial services and technology.
- The latest investment brings Scripta's total funding to $42M and supports its mission to address the rising cost of prescription drugs in the United States.
Addressing the Prescription Drug Affordability Crisis
The cost of prescription drugs is a significant
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Anatomy Financial Secures $19M to Expand AI-Powered Lockbox for Healthcare Providers
What You Should Know:
- Anatomy Financial, the developer of the AI-powered lockbox to convert paper mail from healthcare practices of all sizes to an email-like experience for simplified billing workflows, today announces $19M in Series A funding led by Canapi Ventures.
-Neil Underwood from Canapi and Nicole Quinn from Lightspeed Venture Partners will be joining the Anatomy board, supporting Anatomy’s efforts to bring a digital back office and AI-powered financial operations to healthcare
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SpinSci Secures $53M for AI-Enhanced Patient Engagement
What You Should Know:
- SpinSci, a healthcare technology company specializing in AI-powered patient engagement solutions secures $53M majority investment from Aldrich Capital Partners.
- The company plans to use the funding to accelerate SpinSci's growth and innovation in delivering seamless digital experiences for healthcare providers and patients.
Comprehensive Patient Journey Support
SpinSci has disrupted the healthcare industry by delivering AI-driven solutions that
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1m Secures $10M to Transform Risk Management in Healthcare
What You Should Know:
- 1m, a data and analytics technology company focused on healthcare risk management, has announced a $10 million Series A financing round led by Banner Health, with participation from prominent healthcare organizations like Cleveland Clinic and Stanford Health Care.
- This investment will accelerate 1m's mission to empower healthcare systems with advanced risk management solutions.
Addressing the Complexities of Healthcare Risk
Healthcare providers
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CoachCare Raises $11M for Virtual Care Management
- CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions secures $11M investment from Catalyst Investors, a growth equity firm specializing in technology-enabled services. This latest funding follows a successful year of growth for CoachCare, bringing its total capital raised in 2024 to over $110M.
- In connection with the Catalyst Investors transaction, Kapil Desai has joined CoachCare's Board of Directors. Additionally, Elias Davis, who recently
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Redesign Health Secures $175M to Launch and Scale Healthcare Companies
What You Should Know:
- Redesign Health, a venture builder in the healthcare space, has announced a $175M investment for a new fund dedicated to launching and scaling transformative healthcare companies.
- The significant investment, with participation from prominent investors like Declaration Partners and Euclidean Capital, will further solidify Redesign Health's position as a driving force in healthcare innovation.
- The new funding will enable Redesign Health to support
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Tuva Health Raises $5M for Open-Source Healthcare Data Platform
What You Should Know:
- Tuva Health, the world's first open-source healthcare data transformation platform, launched out of stealth today with $5M in seed funding. The company offers payers, providers, and pharmaceutical companies the ability to transform claims and EHR datasets into analytics-ready data tables via an open-source data model with built-in normalization, data quality testing, and enrichment.
- Tuva Health’s mission is to advance high-quality healthcare analytics by making
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Capstan Medical Raises $110M to Advance Minimally Invasive Heart Valve Treatment
What You Should Know:
- Capstan Medical, a medical technology company developing innovative solutions for heart valve disease secures $110M in a Series C funding round led by Eclipse with participation from existing investors Yu Galaxy and Intuitive Ventures, and new investment from Gideon Strategic Partners.
- Capstan Medical is developing a suite of next-generation heart valve implants and a first-of-its-kind catheter-based robotic delivery platform.
Addressing the Global Burden
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