What You Should Know:
- The company that built healthcare’s first digital employee, Olive, today announced an additional $106M in financing in a round led by General Catalyst and Drive Capital.
- Hospitals were implementing an AI workforce to manage
administrative tasks before the pandemic started, and recent events have kicked
adoption into overdrive.
- Olive’s quick growth is a testament to hospitals’
urgent need for administrative efficiency as they navigate the public
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Ready Raises $54M to Become The Uber of On-Demand Healthcare Services
What You Should Know:
- Ready, a company described as the “Uber” of on-demand health
service, just raised $54 million in its Series C funding round.
- Ready’s on-demand care model is evolving the healthcare
industry with customer service and mobility, just like Uber did for ride
sharing and Postmates for food delivery.
Ready, an New Orleans,
LA-based on-demand healthcare service, today announced that it closed $54
million of new funding to finance the expansion of its operations and
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Medigate Raises $30M for Medical & IoT Device Security Solution
What You Should Know:
- Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety.
- Medigate fuses the knowledge and understanding of
medical workflow and device identity and protocols with the reality of today’s
cybersecurity threats. With Medigate, hospital networks can safely operate all
medical devices on their network, enabling deployment of existing and new
devices to patients while ensuring privacy and
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LexaGene Raises $13.29M to Launch Automated Genetic Analyzer Device
What You Should Know:
- LexaGene's closes CAD$13 million funding round as it
prepares to launch its gold standard diagnostic device called MiQLab that
applies a proprietary RT-qPCR-based method to analyze each sample's contents
for up to 27 different pathogens in approximately one hour.
- MiQLab is uniquely open-access, which allows users to
customize their tests and create new tests easily. In the case where a new test
was needed because of a mutation, the open-access feature allows new
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Canadian Telehealth Startup OnCall Health Lands $6M for Virtual Care Platform
What You Should Know:
- OnCall Health Raises $6M Series A to Enable Virtual
Care Programs for Healthcare Brands
- Funding will be used by OnCall Health to expand its
reach and build out its software that enables healthcare brands, systems, and
startups to launch and scale their telehealth operations.
- OnCall enables healthcare enterprises to rapidly launch
their own virtual care platform that is highly configurable to their brand and
workflow.
OnCall Health, a
Toronto, CA-based
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Lifespeak Lands $42M for Digital Mental Health and Wellness Platform
What You Should Know:
- Toronto-based digital mental health and wellness
platform, LifeSpeak raises $42M CAD in minority equity investment to accelerate
its global growth trajectory.
- The platform, offered remotely to employees and health plan members, covers topics such as preventative health, mental health (including depression, anxiety, addiction, isolation, suicide, etc.), marital and relationship advice, parenting, and eldercare.
LifeSpeak Inc., a Toronto, ON-based
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Grand Rounds Nabs $175M to Expand Clinical Navigation Platform
What You Should Know:
- Grand Rounds raises $175 million in funding, led by The
Carlyle Group, to accelerate clinical navigation and virtual primary care.
- Grand Rounds has raised over $270 million to date,
allowing the business to continue scaling its operations across the country.
Grand Rounds, a San Francisco, CA-based healthcare company that matches employers and employees to high-quality healthcare, announced today it raised $175M in funding led by The Carlyle Group. The
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TruePill Raises $75M to Launch At-Home Lab Testing Network
What You Should Know:
- Truepill raises $75 million in Series C funding To expand platform services and launch an at-home lab diagnostics network.
- The company plans to use the funds to expand Truepill’s ecosystem of direct-to-patient capabilities, which includes the Truepill Health telehealth network, pharmacy fulfillment, a custom-built EMR, and more.
Truepill, a San Mateo, CA-based building world-class patient experiences through its API-connected healthcare infrastructure,
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ENvizion Raises $18M for “Waze”-Like Tool for Human Digestive Tract
What You Should Know:
- ENvizion, the FDA 510(k) cleared leader for enteral feeding
tube (EFT) navigation technology, has raised $18M for the ENvue
system, its “Waze”-like tool for the human digestive tract.
- ENvizion’s device enables nurses to navigate the
feeding tube with the help of a real-time 3D map of the patient’s actual body,
and its sensor warns if the tube has veered towards the lungs.
- The company is also partnering with one of the largest private
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Biofourmis Lands $100M to Expand AI-Powered Digital Therapeutics Platform
What You Should Know:
- Boston-based digital therapeutics leader Biofourmis
just closed a $100 million Series C funding round led by SoftBank,
bringing its total funding to $145M.
- Biofourmis will be using the funding to develop, validate and commercialize several released and unreleased digital therapeutics solutions across cardiology, oncology, respiratory, and pain, with a focus on the United States and key Asian markets, including Asia Pacific, China, and
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