What You Should Know:
Same-day pharmacy delivery startup NowRx raises $3M in
funding from Decathlon Capital to expand COVID-19 related pharmacy deliveries.
The coronavirus pandemic has caused demand for pharmacy delivery to jump as pharmacy customers skip the pharmacy lines in favor of quick, convenient, and safe doorstep delivery.
NowRx, a Mountain View, CA-based same-day pharmacy delivery company experiencing rapid growth during the coronavirus pandemic, has raised $3M in funding
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Benchling Raises $50M to Scale Life Sciences R&D Platform & Fuel Biotech Innovations
What You Should Know:
- Today, life sciences R&D cloud platform Benchling announced a $50M Series D raise led by Alkeon and joined by new investors Spark Capital, Lux Capital and ICONIQ Partners, as well as existing investors Thrive Capital and Benchmark.
- This funding will help Benchling expand its product suite, providing vital collaboration tools for life science researchers to help embrace the complexity of biology and find breakthroughs faster.
Benchling, the leading
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Syapse Lands $30M to Accelerate Real-World Evidence in Oncology
What You Should Know:
- Syapse raises $30M in new equity funding to enable healthcare providers to deliver the best care to every cancer patient through precision medicine.
- Syapse partners with health systems, life sciences companies, and regulators to deliver clinical, programmatic, and research insights from the world’s largest network of health systems focused on precision medicine.
Syapse, a San
Francisco, CA-based provider of precision oncology
solutions announced $30
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Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare
What You Should Know:
- Orbita raises $9M for conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners.
- Orbita's powerful conversational AI platform enables healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce cost of care,
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Care Automation Platform Bright.md Closes $16.7M Series C Round
What You Should Know:
Bright.md closes oversubscribed $16.7 million Series C
funding, co-led by B Capital, Seven Peaks Ventures and Concord Health Partners bringing
in strategic investors including Philips Health Technology Ventures, UnityPoint
Health Ventures and Concord Health Partners.
Bright.md will use the funds to accelerate market and
technology expansion of its suite of care-automation solutions, including
SmartExam.
Bright.md,
the leading healthcare automation company,
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Oncology Analytics Lands $28M to Expand Oncology Capabilities
What You Should Know:
- Oncology Analytics raises $28M in Series C funding led by Baird Capital to expand its oncology-focused capabilities, accelerate real-world data and analytics solutions for health plans, and increase the market share of its technology-enabled utilization management solution.
- Oncology Analytics' prior authorization platform is used by physicians to support 5 million health plan members in the US and Puerto Rico and covers the full spectrum of therapeutics, across
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Tava Health Lands $3M to Expand Mental Telehealth Platform for Employees
What You Should Know:
- Tava Health just secured $3 million in seed funding to increase employee access to mental health resources.
- Since its founding in 2019, Tavahealth’s platform has driven 10 times more utilization of mental health resources than traditional mental health benefits and this funding will enable them to expand those services.
Tava Health,
a Salt Lake City, UT-based convenient and accessible mental telehealth platform
for employers, today announced the close of a
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Israel Innovation Authority Launches Pilot with Mayo Clinic, Hartford Health, Others
What You Should Know:
- Israel Innovation Authority invites Israeli companies to participate in health tech pilots with world-leading medical centers to analyze, adapt, and optimize health-focused technologies, services, and products in the clinical environments.
- The program’s partners include medical centers Mayo Clinic, Thomas Jefferson University, Hartford HealthCare (HHC), and Charité - Universitätsmedizin Berlin (Charité).
The Israel
Innovation Authority and select
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Wellth Lands $10M for Behavioral Economic Platform to Improve Health Outcomes
What You Should Know:
- Digital behavior change startup Wellth closes $10M in Series A funding led by Boehringer Ingelheim and yabeo - DaVita, and others will help drive care plan adherence for high-risk patient populations
- Powered by a behavioral economics engine paired with an intuitive, consumer-grade smartphone experience designed to motivate and delight, Wellth rewards members with daily financial incentives for verifying adherence to prescribed care plan.
Wellth,
a platform
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LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing
LetsGetChecked, a leading direct-to-consumer at-home health testing and insights
company, today announced the closing of $71 million in its Series C round of
financing co-led by Illumina Ventures and HLM Venture Partners. The round also
includes new investors Deerfield, CommonFund Capital, and Angeles Investments
and existing investors Transformation Capital, Optum Ventures, and Qiming
Venture Partners USA. Nick Naclerio, Founding Partner at Illumina Ventures and
Steven Tolle, Partner at HLM
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