doc.ai Incorporated (“doc.ai”), a San Francisco, CA-based digital health startup building an advanced natural language processing technology platform for quantified biology has raised $2.3 million in pre-ICO (initial coin offering) or initial sale of Simple Agreements for Future Tokens ("SAFTs"). A total of ten purchasers acquired SAFTs led by Pantera Capital.The early pre-sale of doc.ai's SAFTs, which are convertible into digital tokens named Neurons ("NRNs"), was limited to existing investors
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
DispatchHealth Wins Adventist Health System’s 3rd Annual InnovationX Competition
DispatchHealth has been named the winner of Adventist Health System’s (AHS) third annual InnovationX competition. DispatchHealth presented an in‐home care delivery platform and triage system designed to provide right‐sized care, while addressing the health care needs of the consumer and the access challenges of the at‐risk patient.DispatchHealth is a provider of mobile and virtual health care that works to create an integrated, convenient, high-touch care delivery solution that extends the
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Truveris Raises $25M for Data-Driven Platform to Transform Prescription Benefits Ecosystem
Truveris, a provider of cloud-based data analytics solutions for the prescription benefits industry has raised $25 million in Series D funding led by McKesson Ventures, and included Canaan Partners, New Leaf Venture Partners, Tribeca Venture Partners, and New Atlantic Ventures. The company plans to use the latest round of funding to advance the company’s data and insights capabilities, which help manage rising prescription drug costs.Founded in 2009, Truveris aggregates data and insights from
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Cara Raises $2M for First Precision Medicine App for Digestive Health
Cara, a Berlin-based digital health startup has raised $2 million in seed funding led by Atlantic Labs along with a group of undisclosed angel investors. Known as “poop-tech”, the company has launched the first precision medicine solution for digestive health. In 2016, HiDoc Technologies launched the Cara app with the aim to help people with chronic digestive disorders. Today, more than 20% of the world’s population suffer from the Irritable Bowel Syndrome (IBS), Inflammatory Bowel Disease
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Health Wildcatters Unveils Fifth Class of 9 Health IT Startups
Health Wildcatters, a mentorship-driven healthcare seed accelerator has unveiled nine new health IT companies selected to participate in the 2017 accelerator program. With the addition of these 10 healthcare startups, which comprise Health Wildcatters’ third class, the program’s portfolio totals 32 companies spanning the healthcare spectrum.Each selected health IT startup will participate in the 12 week accelerator program receiving $30k in exchange for 8% equity stake. During the program, the
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ExplORer Surgical Raises $3M to Commercialize Real-Time Surgical Workflow Management Tool
ExplORer Surgical, a Chicago-based startup provider of intraoperative surgical and interventional procedure workflow management and analytics has raised $3M in Series A funding led by Aphelion Capital. The round also included participation from Elliott Management, the University of Chicago, M25 Group, and the Harvard Business School Angels of Chicago. The company plans to utilize the funding to accelerate commercialization of its interactive workflow management platform for surgery that that
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PriorAuthNow Lands $3.6M for EHR-Integrated Prior Authorization Platform
PriorAuthNow, a Columbus, OH-based startup has raised $3.6M in funding led by NCT Ventures and with participation from Detroit Venture Partners (DVP). The company plans to use the latest round of funding to expand the PriorAuthNow team and expedite the roll out of the platform to some of the largest hospital systems in the US.On average, a single provider spends 20 hours per week and $65,000 per year on PAs. Forty percent of these PAs are abandoned due to complex approval policies. Founded in
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doc.ai Launches First Blockchain-Enabled NLP for Quantified Biology
doc.ai Incorporated ("doc.ai"), a San Francisco, CA-based digital health startup has announced the launch of its blockchain-enabled natural language processing (NLP) platform for quantified biology. Founded by the entrepreneurial Walter De Brouwer in 2016, doc.ai utilizes the blockchain to timestamp its datasets and decentralize artificial intelligence to generate insights from combined medical data.doc.ai is building a new platform for established medical companies to enable patients to have
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Propeller Health Expands Partnership with GlaxoSmithKline to Improve Management of Asthma and COPD
Propeller Health, a digital health company developing solutions respiratory medicine has announced the expansion of its 2015 collaboration with GlaxoSmithKline (GSK). As part of the expanded partnership, both companies will undertake commercial activities using the Propeller clip-on sensor and software platform for use with GSK’s ELLIPTA Inhaler. The companies will continue ongoing research and development efforts to collect evidence from the Propeller clip-on sensor and software platform used
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AbleTo Raises $36.6M to Accelerate Behavioral Health Platform
AbleTo, Inc., a provider of technology-enabled behavioral health solutions has raised $36.6 million in Series D funding led by Bain Capital Ventures and also includes strategic investor Aetna. Existing investors, ncluding .406 Ventures, Sandbox Industries, HLM Venture Partners, and Horizon Healthcare Services, Inc. also contributed in this round. AbleTo plans to utilize the funding to accelerate scale and expansion of its business operations. The company has now raised a total of $57.4 million
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