What You Should Know:
- SV Health Investors forms $90M Medtech Convergence Fund (MCF) focused on the increasing convergence of medical technology with software, telecommunications, and new service models to create solutions to some of the most significant health challenges.
- MCF will focus on early-stage, novel device and technology solutions that are differentiated in usability and outcomes with meaningful barriers to entry through IP, design, and clinical data.
SV Health
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
SonderMind Raises $27M to Expand Behavioral Health Marketplace
What You Should Know:
- Today, SonderMind, a 500-strong integrated network of community behavioral health professionals announced a $27 million Series B financing.
- With a goal of making behavioral health more accessible, available and utilized, SonderMind is very active easing the minds of the worried well and enabling a value proposition for therapists (to the benefit of patients) that is pushing therapy beyond the better-heeled patient that can afford self-pay to the bulk of the
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Olive Lands $51M to Power AI-Powered Digital Employee Platform
What You Should Know:
- Olive, a company automates healthcare’s most robotic processes raises $51M in funding led by General Catalyst.
- Olive automates healthcare’s most costly, high-volume tasks using the building blocks of artificial intelligence: robotic process automation, computer vision, and machine learning.
- Working alongside healthcare employees, Olive is trained to think cognitively and make complex decisions faster, and more accurately than human employees
Olive,
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AristaMD Raises $18M to Expand eConsults Platform to Improve Patient Outcomes
What You Should Know:
- AristaMD has raised $18 million in Series B led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), with participation from Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care.
- Now more than ever, eConsults are a crucial resource in providing fast, efficient, HIPAA-compliant, and fully scalable access to specialists.
- Annually there are around 20 million routine clinical
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Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care
What You Should Know:
Bright.md announced the close of an $8 million series C
to deliver critical capacity to support patient care in the midst of a COVID-19
pandemic and to help flatten the curve.
The funding will be used for a massive expansion effort
to bring non-video telehealth to aid frontline healthcare workers and the
patients they are treating.
Over six years, Bright.md has stretched $12.5 million to
advance its AI-powered automation platform for primary and urgent
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Gates Foundation, Wellcome, Mastercard Launch COVID-19 Therapeutics Accelerator
What You Need to Know:
- Bill & Melinda Gates Foundation, Wellcome and Mastercard launch COVID-19 Therapeutics Accelerator to speed development and access to therapies for COVID-19, committing up to $125M in funding.
- COVID-19 Therapeutics Accelerator will coordinate R&D efforts and remove barriers to drug development and scale-up to address the epidemic.
The Bill & Melinda Gates Foundation, Wellcome and Mastercard announced the launch of the COVID-19 Therapeutics
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RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians
What You Need to Know:
- Leading eConsult platform RubiconMD raises $18M in Series C funding led by Deerfield Management Company to expand its product offerings to better serve primary care clinicians.
- RubiconMD’s eConsult platform enables primary care clinicians to easily and quickly discuss their eConsults with top specialists, so they can provide better care–improving the patient experience and reducing costs.
RubiconMD, an NYC-based eConsult platform providing access to
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b.well Connected Health Raises $16M for Personalized Health Platform
What You Need to Know:
- b.well raises $16 million in Series A funding led by UnityPoint Health Ventures, bringing the company's total funding to over $27 million.
- b.well provides a configurable digital platform to healthcare stakeholders to solve for interoperability and consolidation of point solutions through the lens of a consumer.
b.well Connected
Health, a Baltimore, MD-based platform designed to provide consumers a new
front end to healthcare, announced it has raised $16
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Element Science Nabs $145.6M to Commercialize Wearable Cardioverter Defibrillator
What You Need to Know:
- Element Science raises $145.6M in Series C funding to led by Deerfield Healthcare and Qiming Venture Partners USA, includes Cormorant Asset Management and Invus Opportunities.
- Funding will enable Element Science to complete clinical studies, begin U.S. commercialization of its digital wearable platform focused on high-risk cardiovascular patients transitioning from the hospital-to-home.
Element Science,
a San Francisco, CA-based innovative health
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Suki Raises $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors
What You Need to Know:
- Today, Suki announced a Series B funding round of $20 million, led by new investor Flare Capital Partners and including top investors like First Round and Venrock.
- In just two years, Suki has established its product as a leading solution to address the urgent crisis of physician burnout and is already trusted by independent and group practices as well as leading systems like Sutter Health and Ascension.
- Suki will use the funding to expand its user base
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