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

EverlyWell Raises $50M to Scale In-Home Digital Lab Testing Platform

by Jasmine Pennic 04/16/2019 Leave a Comment

EverlyWell Raises $50M to Scale In-Home Digital Lab Testing Platform

EverlyWell, an Austin, TX-based next-generation healthcare testing platform has raised $50 million in funding led by long-time investors Goodwater Capital with Highland Capital Partners joining. Next Coast Ventures, NextGen Venture Partners, SoGal Ventures and others participated. The company will use the funding to expand its digital platform and scale existing partnerships with leading brands like CVS and Humana.Cumbersome Traditional Lab Testing ProcessOver seven billion lab tests are run
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Canadian Virtual Care Startup OnCall Health Raises $1.5M to Expand Operations in North America

by Jasmine Pennic 04/16/2019 Leave a Comment

Canadian Virtual Care Startup OnCall Health Raises $1.5M to Expand Operations in North America

OnCall Health, a Toronto, CA-based platform that provides simple, secure virtual care technology and services for healthcare providers, today announced it has raised $2 million CAD ($1.5M USD) in seed funding led by Ripple Ventures with participation from Panache Ventures, Stout Street Capital, and Maple Leaf Angels.OnCall Health BackgroundFounded in 2016, OnCall’s secure virtual care (telemedicine) technology facilitates video or text-based consultations for healthcare practices and streamlines
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CHLA Announces 10 Semi-Finalists from Gamifying Pediatrics Hackathon

by Jasmine Pennic 04/15/2019 Leave a Comment

CHLA Announces 10 Semi-Finalists from Gamifying Pediatrics Hackathon

The Innovation Studio at Children’s Hospital Los Angeles (CHLA), today announced10 semi-finalists from the first ever Gamifying Pediatrics Hackathon, which took place April 12-14, 2019 at BCG Digital Ventures (BCGDV) in Manhattan Beach (CA), the global corporate venture and incubation arm of the Boston Consulting Group. This hackathon brought together 185 enthusiastic participants, including physicians and nurses on the front lines of pediatric medicine, engineers, developers, and experts in
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Cityblock Raises $65M to Address Social Determinants of Health in Underserved Communities

by Fred Pennic 04/12/2019 Leave a Comment

Cityblock Raises $65M to Address Social Determinants of Health in Underserved Communities

Cityblock, a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health needs has raised $65 million in Series B funding. The funding was led by Redpoint Ventures, 8VC (affiliate venture fund with Cambia Health Solutions and Blue Cross and Blue Shield of North Carolina), Echo Health Ventures and StartUp Health including existing investors Sidewalk Labs, Thrive Capital, Maverick Ventures, Town
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Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases

by Fred Pennic 04/12/2019 Leave a Comment

Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases

Sonde Health, a Boston-based digital medicine company developing a vocal biomarker device to transform the way we monitor and diagnose our mental and physical health has raised $16 million in Series A funding. The round was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), with participation from MP Healthcare Venture Management, Inc. (the corporate venture capital arm of Mitsubishi Tanabe Pharma Corporation), Neoteny 4, LP, Canepa Healthcare, and founder
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Medidata Launches New Life Sciences Company, Acorn AI

by Fred Pennic 04/11/2019 Leave a Comment

Life sciences digital transformation company Medidata, today announced the launch of Acorn AI, a new company designed to provide actionable insights across the entire drug continuum – from R&D to commercialization. In addition, the company has appointed Rama Kondru, Ph.D., as the chief information officer for Medidata and Acorn AI’s first CIO to lead the company’s enterprise data strategy, architecture and future platform development – all helping the company to accelerate the creation of
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Diameter Health Raises $9.6M to Expand Clinical Data Integration Platform

by Jasmine Pennic 04/09/2019 Leave a Comment

Diameter Health Raises $9.6M to Expand Clinical Data Integration Platform

Diameter Health, a Farmington, CT-based provider of clinical data integration solutions has raised $9.6 million in Series A funding led by Optum Ventures. Optum Ventures joins existing Diameter Health investors Activate Venture Partners, Connecticut Innovations, Excelerate Health Ventures and LRV Health. Brining Order to Complex Clinical Data Founded in 2013 by former Allscripts executives Eric Rosow and John D'Amore, Diameter Health’s scalable clinical data
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Deep Lens Lands $14M to Scale AI-Driven Digital Pathology Platform

by Fred Pennic 04/08/2019 Leave a Comment

Digital Pathology Startup Deep Lens Nabs $14M to Expand AI Pathology Platform for Clinical Trial Recruitment

Deep Lens, Inc., a Columbus, OH-based AI-driven digital pathology company focused on clinical trial recruitment at the time of diagnosis has raised $14 million in Series A funding. The Series A round was led by Northpond Ventures with participation from existing investors Rev1 Ventures, Sierra Ventures, and Tamarind-Hill Partners. The funding comes months after Deep Lens emerged from stealth in October 2018 with a $3.2M seed round, which brings their funding to date total to $17.5
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HealthVerity Raises $25M for Cloud Marketplace for Licensing Patient Data

by Fred Pennic 04/04/2019 Leave a Comment

HealthVerity Raises $25M for Cloud Marketplace for Licensing Patient Data

HealthVerity, a Philadelphia, PA-based company focused on the rapid creation, exchange, and management of healthcare and consumer data has raised $25 million in Series C funding led by existing investor Foresite Capital with participation from Flare Capital Partners, Greycroft Partners, and other existing investors. The company plans to use the funding to support continued growth and investment in HealthVerity’s technology platform and go-to-market activities.HealthVerity BackgroundFounded in
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Medical Informatics Corp. Raises $11.9M for FDA-Cleared Patient Monitoring and Predictive Analytics Platform

by Fred Pennic 04/03/2019 Leave a Comment

Medical Informatics Corp. Raises $11.9M for FDA-Cleared Patient Monitoring and Predictive Analytics Platform

Medical Informatics Corp. (MIC), a Houston, TX-based provider of an FDA-cleared patient monitoring and predictive analytics platform has raised $11.9M in Series A funding led by Data Collective Venture Capital (DCVC) with significant participation from Intel Capital and the Texas Medical Center (TMC) Venture Fund.The Inaccurate State of Today’s Predictive Analytics in Hospital SystemsHospital systems across the country are searching for ways to use machine learning and AI to get ahead of
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