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

Led by Mount Sinai, Trellus Health Nabs $5M for Precision Platform for Complex Chronic Conditions

by Fred Pennic 08/21/2020 Leave a Comment

Led by Mount Sinai, Trellus Health Nabs $5M for Precision Platform for Complex Chronic Conditions

What You Should Know: - Trellus Health secures $5M in seed funding and collaborates with Mount Sinai to deliver resilience-driven, connected care, integrating expert clinical and behavioral health for better outcomes. - The first disease Trellus will tackle is IBD, which is one of the costliest chronic conditions with a high mental health burden. Trellus Health, a New York City-based provider of resilience-driven care for people with complex chronic conditions, announced it has
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UK Cancer Diagnostics Startup Biofidelity Raises $12M

by Jasmine Pennic 08/20/2020 Leave a Comment

UK Cancer Diagnostics Startup Biofidelity Raises $12M

What You Should Know: - UK-based Biofidelity raises $12 million in Series A funding to accelerate the launch of disruptive cancer diagnostic technology. - The funding will be used to bring technology to market, enabling a dramatic simplification of precision genetic testing to ensure many more cancer patients receive optimal diagnosis and therapy. Biofidelity Ltd, a Cambridge, UK-based cancer diagnostics company, today announced it has raised $12 million in Series A funding led by
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Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform

by Fred Pennic 08/20/2020 Leave a Comment

Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform

What You Should Know: - Brightline raises $20 million to bring its virtual behavioral healthcare platform to kids and families across California and beyond. - Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families. Brightline, a Palo Alto, CA-based provider of technology-enabled pediatric behavioral healthcare, announced it has
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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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