hc1.com, an Indianapolis, IN-based precision medicine startup, announced that existing investor Health Cloud Capital has exercised its option to provide additional growth funding, bringing the company’s total Series B capital raise to $10 million. Elevate Ventures also participated in the round. The additional capital will fund continued expansion of precision health initiatives underway at hc1, including solutions that combat the opioid crisis and optimize prescribing of other prescription
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Revenue Cycle Startup AxiaMed Lands $12.4M for Patient Payment Platform
AxiaMed, a patient payment solution provider has raised $12.4 million in funding from Health Enterprise Partners. AxiaMed credits this investment to rapidly-increasing demand for its proven, secure, SaaS-based payment platform, Payment Fusion. Founded in 2015, AxiaMed’s integrated payments technology platform, Payment Fusion, improves the financial performance of healthcare providers through integration with various revenue cycle, practice management, EHRs and other software systems, enhancing
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RDMD Lands $3M to Drive Patient-Accelerated Drug Development in Rare Diseases
San Francisco-based RDMD, a biopharma startup dedicated to accelerating research for patients with rare diseases, announced its $3 million seed financing backed by Lux Capital and Village Global, whose network of backers include Bill Gates, Mark Zuckerberg, Jeff Bezos, and Reid Hoffman. RDMD has developed a technology platform that generates deep data insights to accelerate rare disease research and drug development, as well as a patient application that empowers patients and families to get
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Urology Startup Urotronic Raises $20M to Expand Innovative Optilume Device
Plymouth based Urotronic, today announced it has raised $20 million in Series B funding led by HM (Hillhouse & Mayo Clinic) Ventures. Additional investments were made by CDBI Partners, OCXPROURO Limited andLegend Capital. The investments will support the growth of the innovative device called Optilume which combines balloon dilation with the delivery of an anti-proliferative drug to inhibit recurrence of blockages in the urinary tract.A minimally invasive urethral stricture treatment, the
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Akouos Raises $50M to Advance Precision Medicine for Hearing Disorders
Akouos, a Boston, MA-based precision genetic medicine company developing gene therapies that restore and preserve hearing has raised $50 million in Series A funding co-led by 5AM Ventures and New Enterprise Associates (NEA) with participation from existing investor Partners Innovation Fund and new investors Sofinnova Ventures, RA Capital Management and Novartis Venture Fund. The company plans to use the funding round to advance its lead program to first-in-human clinical trials and bolster its
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Trilliant Health Lands $12M for Intelligent Patient Acquisition Platform
Trilliant Health, a Nashville, TN.-based healthcare analytics company that empowers intelligence patient acquisition has raised $12 million in Series A funding led by Noro-Moseley Partners, with participation from existing investors Martin Ventures, Nashville Capital Network, and NueCura Partners. Trilliant Health plans to use the funding to continue building its data science and technology teams to enhance the capabilities of its analytics platformFounded by 2017, Trilliant provides an
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Buoy Health Integrates with Boston Children’s to Improve Pediatric Capabilities
Buoy Health, an AI-focused health technology startup that develops digital tools to help people from the moment they get sick start their care on the right foot, today named Boston Children’s Hospital its first innovation partner. As part of the multi-pronged partnership, Boston Children’s Hospital will integrate Buoy’s advanced AI into its website to help parents around the globe identify the right course of treatment the moment their children’s symptoms hit.Innovation Partnership DetailsAs
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Behavioral Health Startup Praestan Health Raises $12M to Drive Behavioral Health Transformation
Praestan Health, a Minneapolis, MN-based behavioral health technology-focused startup, announced that it has closed a private placement for $12 million to fund completion of its technology platform and build a national organization to serve clinicians, healthcare organizations, employers, and patients. Praestan Health is committed to driving improved health and wellbeing through behavior change at the individual and population health level, In addition, the company has launched hree-way health
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Verana Health Lands $30M for EHR Integrated Data Platform for Life Sciences
Verana Health formerly known as DigiSight Technologies), a healthcare technology developer of a cutting-edge platform for life science innovation that utilizes regulatory-grade specialty data sets has raised $30M in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Biomatics Capital, Brook Byers, founder of Kleiner, Perkins, Caufield & Byers, GE Ventures, and Lagunita Biosciences.In addition to the Series C funding, the company has appointed
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PatientWisdom Lands $1M to Strengthen Patient-Provider Relationship through Real World Data Collection
PatientWisdom lands $1m to expand the reach of digital health platforms that transform the experience and delivery of healthcarePatientWisdom, a digital health platforms designed to improve health and care by listening to patients, providers, and community members has raised $1M in funding led by OCA Ventures with participation from existing investors. To date, PatientWisdom, Inc. has raised a total of $3.45 million.The company’s three digital solutions – PatientWisdom, ProviderWisdom and
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