What You Should Know:
- Proscia secures $23M in Series B
funding led by Scale Venture Partners for its AI-enabled digital pathology
solutions.
- Proscia will use the funding to expand its AI application portfolio, boost commercial expansion, and advance its regulatory strategy to secure FDA approval.
Proscia, a Philadelphia-based provider of digital and
computational pathology solutions, today announced it has secured $23M in
Series B funding led by Scale
Venture
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Microsoft’s Venture Fund Invests in Andor Health’s Virtual Health Platform
What You Should Know:
- M12, Microsoft’s venture fund invests
in Andor Health’s AI-driven virtual health platform.
- The funds will be used for accelerating
sales and marketing by expanding into new markets beyond the U.S. Additionally, the funds will be leveraged for
investing in enhanced R&D engineering.
Andor Health, the company that harnesses machine and human intelligence to change the way care teams connect and collaborate, announced a
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Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO
What You Should Know:
- Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports.
- The company originally filed
an IPO to raise $30 million by offering 5 million shares at a price range of $5
to $7 last month to list on the Nasdaq under the symbol GMVD.
- The recent withdrawal marks the company's second
attempt to go public in the US, previously filing in May 2019 and withdrawing
the following August. The company
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Well Health Nabs $45M to Expand Intelligent Communications Hub
What You Should Know:
- WELL Health raises $45M in Series C funding to
transform patient communication for healthcare providers, payers, and ACOs.
- WELL Health enables conversations between patients and
healthcare organizations through secure, multilingual messaging in the
patient’s preferred communications channel: texting, email, telephone, and live
chat.
Well Health Inc., a Santa
Barbara, CA-based provider of patient communications, today announced a $45
million Series C
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Medable Raises $91M for Global Decentralized Clinical Trials Platform
What You Should
Know:
Medable announced
$91 million in new funding to accelerate the life sciences industry’s shift to
digital and decentralized clinical trials, bringing Medable’s total capital
raised to more than $136M.
- Medable has played a pivotal role in enabling clinical trials during the COVID-19 pandemic, facilitating the continuation of existing research via remote care as well as accelerating the development of vaccines and therapeutics for COVID-19.
Medable,
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Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits
What You Should Know:
- Spring Health raises $76M to help employers modernize
their behavioral health benefits with the most comprehensive solution for
employee mental well-being.
- Spring Health provides a single front door to any type
of care — from digital exercises to ancillary employee assistance program (EAP)
services, to coaching, therapy, or medication — leading to faster outcomes,
higher engagement, and healthier, happier employees.
Spring Health, a
leading provider of
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Microsoft Launches Dedicated HealthTech Startup Program in India
What You Should Know:
- Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India.
- Selected startups into the program will benefit from
focused healthcare industry teams, co-innovation and collaboration, and
Microsoft AI for healthcare.
Today, Microsoft has announced the launch of a
dedicated healthtech
startup program to drive healthcare innovation in India. India faces
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K Health Collabs with Mayo Clinic, Raises $42M from JayZ + SpaceX/Tesla, Valor Equity Partners
What You Should Know:
- Today, K Health,
the data-driven digital primary care system with 4 million users (+ Anthem
partner), announced a first-of-its-kind collaboration with Mayo Clinic’s Clinic
Data Analytics Platform.
- In addition, K Health raised $42M Series D funding from investors like Valor Equity Partners who bring a wealth of artificial intelligence expertise (investors in Dataminr, SpaceX, Tesla), and Jay-Z’s fund Marcy Venture Partners.
K Health,
the data-driven
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COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data
What You Should Know:
- COTA, Inc., a healthcare technology company that uses
real-world data to bring clarity to cancer care, has secured $34M in funding.
- Access to over one million patient data records and additional
funding support enhanced real-world data and analytics services in oncology.
COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led by
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Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform
What You Should Know:
- Upfront Healthcare has raised $11.5 million in its Series B with new investor Baird Capital co-leading the round with existing investor LRVHealth (venture capital arm for 22 health systems, payers, and vendors).
- Upfront’s Enterprise Care Traffic Control Platform is
the multi-channel patient communication hub that activates every patient to get
the care they need at the appropriate clinical service throughout their care
journey.
Upfront Healthcare, a leading
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