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

Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem

by Fred Pennic 07/13/2020 Leave a Comment

Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem

What You Should Know: - Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem. - The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment. Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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K4Connect Nabs $7.7M for Enterprise Platform for Smart Senior Living Communities

by Jasmine Pennic 07/09/2020 Leave a Comment

K4Connect Nabs $7.7M for Enterprise Platform for Smart Senior Living Communities

What You Should Know: - K4Connect, a technology company that integrates the best in technology for older adults and those living with disabilities, announced a financing raise of $7.7 million led by Forte Ventures. This financing officially closes K4Connect’s Series B round at $21 million, bringing the company’s total outside venture funding to-date to $31 million. - K4Connect is the leading provider of enterprise connected-life technologies for senior living communities that serves
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Synapse Medicine Raises $8M to Expand Medication Intelligence Platform to Ensure Prescription Safety

by Fred Pennic 07/07/2020 Leave a Comment

Synapse Medicine Raises $8M to Expand Medication Intelligence Platform to Ensure Prescription Safety

What You Should Know: - French digital health startup Synapse Medicine raises $8M in funding led by insurance provider for healthcare professionals MACSF. - The Synapse Medicine medication intelligence platform supports companies and healthcare institutions in their decision-making processes to ensure the safety of prescriptions. - Synapse Medicine currently works together with telemedicine companies, public and private insurance providers, hospitals and care facilities, as well as
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Sun Genomics Nabs $8.65M to Scale Personalized Probiotic Solutions

by Jasmine Pennic 07/02/2020 Leave a Comment

Sun Genomics Nabs $8.65M to Scale Personalized Probiotic Solutions

What You Should Know: - Sun Genomics raises $8.65M in Series A funding to scale direct to consumer personalized probiotic solutions based on whole-genome sequencing diagnostics. - Flagship product Floré, a microbiome test, and gut probiotics solution utilizes whole-genome sequencing to evaluate different digestive system data points and ensure that customers receive a completely personalized product that is based on their unique gut profiles. Sun Genomics, a San Diego, CA-based
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Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

by Fred Pennic 07/02/2020 Leave a Comment

Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

What You Should Know: - Evidation Health raises $45M in Series D funding to expand its privacy-first, direct-to-person research platform to the virtual health market. - Evidation Health will use this new investment to enable Achievers to gain clinically actionable insights into their health. The first of these new virtual health offerings is slated for release later this year. - To help guide the company as it ushers in this new era, Evidation has also hired Sam Marwaha as Chief
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SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

by Fred Pennic 07/01/2020 Leave a Comment

SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

What You Should Know: - SwitchPoint (made up of veteran healthcare leaders with experience at Intermedix/R1 RCM and others) launches a new technology venture, Polaris Health that leverages AI to predict patient demand and create efficient clinician schedules that align with this demand. - Polaris Health’s solution utilizes proprietary machine learning algorithms to predict provider demand, distribute clinician resources to meet that
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NexHealth Raises $15M to Expand Patient Experience Management Platform

by Jasmine Pennic 06/30/2020 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raised $15M in Series A funding from some of Silicon Valley’s best investors, including product-driven founders such as Scott Belsky, founder of Behance and Chief Product Officer at Adobe, and mission-driven founders such as Josh Buckley and Naval Ravikant. Empowering Doctors to Run Thriving Businesses Patients today spend more out-of-pocket, shop for care, and have high expectations from their
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

by Fred Pennic 06/23/2020 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know - Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors. - The additional funding enables DispatchHealth to continue to provide in-home medical care to even more vulnerable, high-needs patients by growing its existing 19 markets, expanding to new markets, and launching additional services.  - Many health systems, including Renown Health and
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Somatus Lands $64M to Expand Value-Based Kidney Care Model

by Fred Pennic 06/23/2020 Leave a Comment

Somatus Lands $64M to Expand Value-Based Kidney Care Model

What You Should Know: - Somatus raises $64M in Series C funding led by Longitudinal Capital to fuel the expansion of its value-based kidney care model. - Somatus will use the funding to continue to scale its model nationally and invest in technology and product development to better support patients and health plan partners. Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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BrightInsight Raises $40M for Regulated Digital Health Platform for Biopharma & Medtech

by Fred Pennic 06/23/2020 Leave a Comment

BrightInsight Raises $40M Regulated Digital Health Platform for Biopharma & Medtech

What You Should Know: - BrightInsight, provider of the leading global regulated digital health platform for biopharma and medtech, today announced a Series B funding round of $40 million, led by global venture capital and private equity firm, Insight Partners. - Already the partner of choice to four global pharmaceutical leaders—AstraZeneca, Roche, CSL Behring, and Novo Nordisk—the Series B financing will enable BrightInsight to speed up hiring, expand its global footprint and add
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