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

Bias Capital Cancels $25M Investment in Parker Health Amid Fraud Concerns

by Fred Pennic 02/27/2025 Leave a Comment

Bias Capital Cancels $25M Investment in Parker Health Amid Fraud Concerns

What You Should Know:  - Bias Capital, an angel syndicate, today announced the cancellation of its $25M Series A investment in healthcare technology company Parker Health. - This decision follows alarming findings during the due diligence process, which raised serious concerns about potential fraudulent activities, including misleading financial disclosures and operational irregularities. Due Diligence Uncovers Potential Financial Misconduct and Operational Irregularities Parker
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SimCare AI Raises $2M for AI-Powered Clinical Training Platform

by Jasmine Pennic 02/27/2025 Leave a Comment

SimCare AI Raises $2M for AI-Powered Clinical Training Platform

What You Should Know:  - SimCare AI, a healthcare technology company developing an AI-powered clinical training platform secures $2M in seed funding round led by Y Combinator and Drive Capital. - The investment will support the company's mission to address the critical shortage of clinicians and transform healthcare education. Platform Aims to Address Healthcare Workforce Shortages and Improve Training Efficiency The healthcare industry is facing a severe shortage of clinicians,
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Sonar Secures $2.4M for AI-Powered Mental Health Platform for Teens

by Syed Hamza Sohail 02/25/2025 Leave a Comment

Sonar Secures $2.4M for AI-Powered Mental Health Platform for Teens

What You Should Know: -       Sonar Mental Health (“Sonar”), an AI-powered mental health platform helping young people thrive, today announces $2.4M in pre-seed funding led by Nina Capital, with participation from GSR Ventures and J4 Ventures and support from the Stanford University Social Impact Founder Fellowship. -       Amid the worsening adolescent mental health crisis, Sonar will use this capital to accelerate its expansion
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Hummingbird Healthcare Secures $20M to Optimize Patient Access

by Fred Pennic 02/21/2025 Leave a Comment

Hummingbird Healthcare Secures $20M to Optimize Patient Access

What You Should Know:  - Hummingbird Healthcare Inc., a provider of managed services for patient access in healthcare, today announced a $20M Series B funding round led by Health Velocity Capital.  - The investment will support Hummingbird's mission to modernize patient access, improve operational efficiency, and enhance the patient experience for health systems across the country. Addressing the Challenges of Patient Access Patient access is a critical component of healthcare
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Terrarium Venture Studio Launches to Incubate HealthTech Startups in Partnership with Cactus and Wellstar

by Fred Pennic 02/19/2025 Leave a Comment

Terrarium Venture Studio Launches to Incubate HealthTech Startups in Partnership with Cactus and Wellstar

What You Should Know:  - Company Ventures, a leading startup talent ecosystem, today announced the launch of Terrarium, a new venture studio focused on incubating healthcare technology startups.  - The initiative, in partnership with Cactus, a prominent healthcare innovation advisory firm, and Wellstar, a Georgia health system, aims to accelerate the development and commercialization of transformative healthcare solutions. Terrarium Venture Studio  Terrarium will
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Subsense Emerges from Stealth with $17M to Develop Non-Surgical Brain-Computer Interface

by Fred Pennic 02/18/2025 Leave a Comment

Subsense Emerges from Stealth with $17M to Develop Non-Surgical Brain-Computer Interface

What You Should Know:  - Subsense, Inc., a pioneering neurotechnology company announced its official launch and the closing of a $17 million seed funding round led by Golden Falcon Capital.  - The company is developing a groundbreaking non-surgical, nanoparticle-based Brain-Computer Interface (BCI) with the potential to transform the treatment of neurological conditions. Nanoparticle-Based Technology Aims to Enhance Treatment of Neurological Conditions Subsense is
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Keebler Health Raises $6M to Transform Risk Adjustment with AI-Powered Platform

by Fred Pennic 02/18/2025 Leave a Comment

Keebler Health Raises $6M to Transform Risk Adjustment with AI-Powered Platform

What You Should Know:  - Keebler Health, a provider of AI-native risk adjustment solutions for healthcare providers, today announced a $6 million seed funding round led by Freestyle Capital with participation from MBX Capital, New Stack Ventures, and others.  - The investment will support the company's rapid growth and accelerate its product development roadmap.   AI Risk Adjustment for Healthcare Providers Keebler Health's platform addresses a critical need in
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Validose Raises $2M to Combat Clinical Trial Non-Adherence with AI-Powered Medication Delivery

by Syed Hamza Sohail 02/18/2025 Leave a Comment

Validose Raises $2M to Combat Clinical Trial Non-Adherence with AI-Powered Medication Delivery

What You Should Know: - Validose, a 10XBeta Venture Studio portfolio company pioneering precision medication delivery, announced today the successful close of a $2 million pre-seed funding round.  - The round was led by Peter Bauer’s Family Office as part of its Technology for Humanity strategy, 10XBeta, and Interstate Fusion Ventures; several angel investors participated. Validose Revolutionizes Medication Adherence and Precision Dosing Validose, a healthcare technology company and
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Avandra Launches with $17.75M to Create Largest Federated Network for De-Identified Medical Image Data

by Syed Hamza Sohail 02/18/2025 Leave a Comment

Avandra Launches with $17.75M to Create Largest Federated Network for De-Identified Medical Image Data

What You Should Know: -  Avandra, the world’s largest federated network for medical imaging and clinical data, today announced it has raised $17.75 million to accelerate the use of imaging-centric data for research and patient care. -  The company was co-founded by Aegis Ventures along with Founder and CEO Ryan Tarzy.  Avandra Advances Medical Imaging Research with Federated Data Network and Strategic Investments Avandra is building the largest federated network for de-identified
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Vitalchat Secures $6M to Expand AI-Powered Virtual Care Solutions

by Fred Pennic 02/18/2025 Leave a Comment

Vitalchat Secures $6M to Expand AI-Powered Virtual Care Solutions

What You Should Know:  - Vitalchat, a provider of AI-powered ambient solutions for in-patient virtual nursing and procedural telehealth raises $6M in Series A funding led by Green Harvest Capital Industries (GHC Industries), with participation from other investors. - The funding will enable Vitalchat to accelerate its mission of transforming inpatient telehealth and virtual nursing by expanding its scalable, cost-effective solutions that address the growing demand for remote care
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