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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

by Fred Pennic 08/19/2020 Leave a Comment

Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

What You Should Know: - Castor raises $12M in Series A funding to further their support for COVID-19 research through clinical trial and data automation. - With 4,000 live studies and 2,000,000 enrolled patients across 90 countries, Castor will use the funding to further invest in enabling patient-centric, data-powered clinical trials. Castor, a Hoboken, New Jersey startup using automation and data reuse to simplify the entire clinical trial process, announced $12M in Series A
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Bridge Connector Lands $25.5M to Expand Healthcare Integration Platform

by Fred Pennic 08/18/2020 Leave a Comment

Bridge Connector

What You Should Know: - Bridge Connector raises $25.5 million in Series B funding to advance interoperability layer for healthcare organizations as demand for integrated health data intensifies during COVID-19 pandemic. - The investment will support the growth of Destinations, the company’s new integration-platform-as-a-service (iPaaS) that connects health data systems using use-case-based interoperability blueprints to speed integrations with major vendors. Bridge Connector, a
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THREAD Lands $50M for Decentralized Clinical Trial Research Platform

by Jasmine Pennic 08/14/2020 Leave a Comment

THREAD Lands $50M for Decentralized Clinical Trial Research Platform

What You Should Know: - THREAD receives an additional $50 million capital commitment from Water Street and JLL Partners to expand its decentralized clinical trial research platform - THREAD is an innovative technology and service provider that increases participant engagement by enabling pharmaceutical companies and contract research organizations to remotely capture data from participants and sites during, in between and in lieu of in-clinic visits.  - This major investment
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Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

by Fred Pennic 08/14/2020 Leave a Comment

Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

What You Should Know: - Direct-to-consumer telehealth company Thirty Madison raises $47M in Series B round from Johnson & Johnson and Polaris Partners. - Thirty Madison's three portfolio brands — Keeps, Cove, and Evens — enables patients to easily access specialist-level care combined with the convenience of telemedicine and treatment delivery.  Thirty Madison, a New York City-based digital health company reinventing the patient experience
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CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

by Fred Pennic 08/14/2020 Leave a Comment

CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

What You Should Know: - CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer. - CancerIQ’s technology enables hospitals to use genomics to personalize the prevention and early detection of cancer. - Two new hires recently joined CancerIQ’s newly formed Integrated Products team from Epic, with the goal of advancing CancerIQ’s integration with leading
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Mission Bio Lands $70M to Expand Cancer Therapies With Single-Cell Multi-Omics Platform

by Jasmine Pennic 08/13/2020 Leave a Comment

Mission Bio Lands $70M to Expand Cancer Therapies With Single-Cell Multi-Omics Platform

What You Should Know: - Mission Bio raises $70 million in Series C funding led by Novo Growth to accelerate the development of cancer therapies with single-cell multi-omics. - Mission Bio’s Tapestri Platform, the first single-cell platform capable of detecting DNA and protein changes simultaneously, gives a profound insight into the mutations that drive disease to accelerate the development of novel treatments and save patient lives.  Mission Bio, Inc., a South San Francisco,
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Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate

by Jasmine Pennic 08/12/2020 Leave a Comment

Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate

What You Should Know: - Eden Health raises $25M to give employers and commercial real estate owners and operators the ability to offer medical care on-site, near-site, and virtually. - Eden’s membership model makes high-quality healthcare an affordable benefit for the average employer, with low to no out-of-pocket costs for their employees. - Since the first signs of the US coronavirus outbreak in early February, Eden Health has worked with Boylan Bottling, Connell, Convene,
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Reify Health Raises $30M to Fix The Broken Clinical Trial Ecosystem

by Fred Pennic 08/12/2020 Leave a Comment

What You Should Know: - Reify Health, a clinical trial software provider that digitizes and accelerates clinical trials is announcing a $30 million series B funding round to support the company’s ambitious mission to fix the broken clinical trial ecosystem.   - The company’s platform, StudyTeam systematically eliminates redundant work across the clinical trial process while generating novel insights that speed up trials. StudyTeam harmonizes biopharma and research
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Allergy Amulet Nabs $3.3M To Launch World’s Smallest, Fastest Consumer Food Allergen Sensor

by Fred Pennic 08/12/2020 Leave a Comment

Allergy Amulet Nabs $3.3M To Launch World’s Smallest, Fastest Consumer Food Allergen Sensor

What You Should Know: - Today, Allergy Amulet announces $3.3M in seed funding to launch the world’s smallest and fastest consumer food allergen sensor and empower the allergy community by alleviating fears about what’s in their food. - Allergy Amulet’s novel technology can improve the quality of life for the millions of people living with food allergies or intolerances by testing for common allergenic ingredients in seconds. The portable device is made to fit every lifestyle -- it’s
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Lumeon Lands $30M to Expand Care Pathway Management Platform

by Fred Pennic 08/11/2020 Leave a Comment

Medtronic to Leverage Lumeon’s Care Pathway Management Platform to Deliver Value-Based Care in Europe

What You Should Know: - Lumeon, the leader in care pathway orchestration announced it has raised $30M in Series D funding to extend the reach of its Care Pathway Management (CPM) platform. - The platform empowers providers to improve care quality, deliver better outcomes, reduce costs, and ultimately develop and scale new models of care delivery – particularly important right now as COVID-19 accelerates the technology-driven transformation of healthcare. Lumeon, a Boston,
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