Aspire Universal, a private equity firm and venture company today announced the establishment of the $300M Aspire Ventures Precision Medicine Fund (AVP) to accelerate innovation for personalized devices and medical practices. Precision medicine is one of the most important transformations ever to come to medicine, and by shifting away from one-size-fits-all solutions, precision medicine offers personalized solutions that deliver better experiences and better outcomes at a lower cost. The AVP
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Kyruus Raises $10M to Optimize Patient-Provider Matching Platform
Kyruus, a Boston, MA-based suite of patient-provider matching solutions for health systems has raised $10 million in strategic funding from Venrock, Highland Capital, New Leaf Venture Partners, Leerink Transformation Partners, F-Prime Capital Partners, Fidelity Biosciences, McKesson Ventures, Lux Capital, and Providence Ventures. Kyruus plans to use the investment to further meet the healthcare industry’s increasing demand for technology that facilitates better patient-provider
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Novo Nordisk, Sempre Health Launch Pilot to Improve Medication Costs for Diabetic Patients
Sempre Health, a solution for behavior-based healthcare pricing has announced a pilot program with Novo Nordisk to add diabetes medications to the Sempre Health’s affordability & engagement solution. Unlike traditional coupons and vouchers, Sempre works with health plans to reward their membership’s positive choices and actions. For example, a patient may earn a lower copay if she fills her prescription on time. The two companies are seeking to engage 10,000 patients with diabetes on the
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PeerWell Launches Augmented Reality Trip and Fall Hazard Detector for Smartphones
Digital health company PeerWell just announced the launch of Trip and Fall Hazard Detector, an augmented reality (AR) extension providing real-time analysis from video stream from a smartphone’s camera that identifies and helps correct trip and fall hazards at home, one of the major setbacks for postoperative recovery, especially for those undergoing joint replacement and spine surgery.This AI-powered app extension allows patients and caregivers to scan their home using smartphone cameras,
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Livongo Health Acquires Disease Prevention Startup Retrofit
Livongo Health, a consumer digital health company that is empowering people with chronic diseases to live better has acquired Retrofit, a provider of innovative weight-management and disease-prevention programs that transform lives, workplaces and communities. The acquisition provides Livongo with a proven, evidence-based, Diabetes Prevention Program, enhances its data science capabilities, and boosts expertise in holistic weight management, including nutrition, exercise and mindset."Retrofit
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Mercom: Digital Health VC Funding Breaks $2.5B in Q1 2018
Digital health VC funding reached a record $2.5 billion raised in 187 deals from $1.7 billion in 192 deals in Q4 2017, according to a new report from Mercom Capital Group. The latest report finds that digital health VC funding in Q1 2018 was also up compared to Q1 2017 when nearly $1.6 billion was raised in 165 deals. Q1 2018 was only the second quarter since since 2010 in which digital health companies surpassed $2 billion in VC funding. Mercom’s comprehensive report covers healthcare IT and
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Vineti Raises $33.5M to Accelerate Patient Access to Cell and Gene Therapies
Vineti, Inc., a San Francisco, CA-based software automation and analytics platform for cell and gene therapies has raised $33.5 million in Series B funding led by Canaan and DFJ, with participation from GE Ventures, Section 32, Casdin Capital, and LifeForce Capital, along with other undisclosed investors. The funding round will further advance the first cloud-based “platform of record” specifically built to move transformative new personalized therapies such as CAR-T cell therapy into mainstream
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Genoox & Bionano Partner to Detect Disease-Causing Structural Variants
Genoox, a genetic data analysis company, recently partnered with Bionano Genomics to better identify the nearly 20k potentially disease-causing SVs in the human genome. By combining Genoox technology and Bionano mapping data, the new Genoox integrated platform will offer clinicians a single platform for accurate detection of genetic mutations for rare disease. Genoox and Bionano intend to co-sell and co-market the integrated platform for research and future clinical applications.Children’s
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ResApp Develops Sound-based Algorithm to Diagnose Sleep Apnea via Smartphone
ResApp Health, the Australian digital health startup that has been working on software for smartphones that can diagnose respiratory diseases from the sound signatures of coughs (US clinical trials underway), has announced a new area of development – a diagnostic test to diagnose obstructive sleep apnea (OSA) using a smartphone – simply by leaving the smartphone next to one’s bed to record sounds of the subject while sleeping – and then the algorithms provide a diagnosis (similar AI use to the
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Common Sensing Raises $6.6M to Scale Smart Insulin Pen Cap
Common Sensing, an evidence-based, data-driven injectable-medicine startup has raised $6.6 million in Series A funding led by Waterline Ventures. New World Health and Royal Philips with participation from Haselmeier. The Cambridge, MA-based digital health startup plans to use the funds to accelerate Common Sensing's manufacturing and commercial operations for its smart insulin pen cap solution, Gocap. The IP-protected dose monitoring solution enables patients and providers to better utilize
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