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

brain.space Secures $11M to Pioneer Generative AI Mental Modeling

by Fred Pennic 03/18/2025 Leave a Comment

brain.space Secures $11M to Pioneer Generative AI Mental Modeling

What You Should Know:  - brain.space, the innovator behind the first-ever Brain-Data-as-a-Service Ecosystem for Generative AI Mental Modeling secures $11M in Series A funding round led by Toyota Ventures. - The round also included with strong participation from Mangrove Capital Partners, The Group Ventures  and a $3.5M non-dilutive grant from the Israel Innovation Authority, will propel the company's mission to transform how we understand and predict human
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Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

by Jasmine Pennic 03/17/2025 Leave a Comment

Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

What You Should Know:  - Nimblemind.ai, an innovative AI-powered data infrastructure platform secures $2.5M in funding led by Bread & Butter Ventures, with participation from prominent investors including Great Oaks Venture Capital, SpringTime Ventures, Stone Mountain Ventures, Victorum Capital, Techstars, and strategic healthcare angel investors. - The  funding will enable Nimblemind.ai to further develop its technology and expand its reach, making healthcare data
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Eir Partners Invests in Porter: Expanding AI-Driven Care Coordination

by Syed Hamza Sohail 03/14/2025 Leave a Comment

Eir Partners Invests in Porter: Expanding AI-Driven Care Coordination

What You Should Know: - Eir Partners (“Eir”), a middle market private equity firm focused on healthcare technology and tech-enabled services, today announced a growth investment in Porter, the only platform dedicated to connecting plan members with the resources, services, products, and education they need to live their best lives at home. -   Porter is led by John Criswell, an experienced healthcare technology founder, who witnessed firsthand how healthcare system complexity negatively
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Vori Health Secures $53M for Value-Based Musculoskeletal Care

by Syed Hamza Sohail 03/13/2025 Leave a Comment

Vori Health Secures $53M for Value-Based Musculoskeletal Care

What You Should Know: -  Vori Health, the nation's pioneering physician-led solution for musculoskeletal care, is making waves in the healthcare industry and just announced a $53 million Series B funding round. -  Led by NEA and with continued support from AlleyCorp, Intermountain Health's Intermountain Ventures, Echo Health Ventures, and Max Ventures, this heavily oversubscribed round is a testament to Vori Health's rapid growth and innovative care model. In just 18 months, the company
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Motivity Secures $27M to Advance AI-Driven ABA Therapy Solutions

by Fred Pennic 03/12/2025 Leave a Comment

Motivity Secures $27M to Advance AI-Driven ABA Therapy Solutions

What You Should Know:  - Motivity, a provider of clinical SaaS solutions for Applied Behavior Analysis (ABA) providers serving children with autism secures a $27M investment from Five Elms Capital, a prominent software investment firm.  - The funding will accelerate Motivity's product innovation, expand its team, and enhance support for ABA providers worldwide. Global Reach and Strategic Partnership Today, Motivity serves over 550 organizations across seven countries,
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elea Raises $4.3M AI-Powered Pathology Operating System

by Jasmine Pennic 03/12/2025 Leave a Comment

elea Raises $4.3M AI-Powered Pathology Operating System

What You Should Know:  - elea, an innovative AI platform designed to supercharge healthcare professionals' ability to deliver life-saving diagnoses and care, has announced a $4.3M (€4M)funding round led by Fly Ventures and Giant Ventures.  - The company has also secured a milestone partnership with one of Germany's largest and most critical Medizinische Versorgungszentrum (MVZ) hospital groups. Addressing the Healthcare Crisis with AI elea was founded to address the growing
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Junction Raises $18M for Modern Healthcare Infrastructure

by Fred Pennic 03/11/2025 Leave a Comment

What You Should Know:  - Junction, a pioneering healthcare infrastructure company raises $18M in Series A funding round ed by Creandum, with participation from Y Combinator, Point Nine, Amino Collective, and Inflect Health. - The investment will accelerate the modernization of healthcare's foundational systems and enable the future of personalized care.  Addressing Healthcare's Infrastructure Problem The healthcare industry is undergoing a paradigm shift, with care
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Freed Raises $30M to Combat Clinician Burnout with AI-Powered Documentation

by Fred Pennic 03/05/2025 Leave a Comment

Freed Raises $30M to Combat Clinician Burnout with AI-Powered Documentation

What You Should Know:  - Freed, a provider of AI-powered clinical documentation solutions raises $30M in Series A funding round led by Sequoia Capital.  - The funding brings Freed's total funding to $34M and solidifies its position as one of the fastest-growing health tech companies in the U.S. Addressing the Burnout Crisis Clinician burnout is a pervasive problem in healthcare, with serious consequences for both providers and patients. Clinicians spend an average of 19
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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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