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

Vineti Raises $33.5M to Accelerate Patient Access to Cell and Gene Therapies

by Fred Pennic 04/16/2018 Leave a Comment

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

by Jasmine Pennic 04/13/2018 Leave a Comment

Genoox Raises $6M to Bring Clinical Genomics to U.S. Medical Centers

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

by Jasmine Pennic 04/12/2018 Leave a Comment

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

by Fred Pennic 04/12/2018 Leave a Comment

Common Sensing Secures $6.6M Series A Investment Round to Support Injectable Medicines

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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Livongo Health Raises $105M for Mobile Diabetes Management, Inks Deal with Cambia Health

by Fred Pennic 04/11/2018 Leave a Comment

Livongo Health Raises $52.5M to Expand Diabetes Management to International Markets

Livongo Health, a consumer digital health company that is empowering people with chronic diseases to live better has raised $105 million in funding led by existing investors General Catalyst and international investment company Kinnevik. Existing investors DFJ, Kleiner Perkins Caufield & Byers , Merck Global Health Innovation Fund, Microsoft Ventures, Sapphire Ventures, Zaffre Investments, and 7wire Ventures participated in the round along with new investor Echo Health Ventures.Livongo
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healthfinch Nabs $6M for Charlie Practice Automation Platform

by Jasmine Pennic 04/11/2018 Leave a Comment

healthfinch Nabs $6M for Charlie Practice Automation Platform

healthfinch, a Madison-based healthcare IT startup, has secured $6 million in funding led by Adams Street Partners to continue building and supporting its award-winning Charlie Practice Automation Platform. This funding brings the company’s total raised to over $17MM since it was founded in 2011.The Charlie Practice Automation Platform, developed by healthfinch, automates routine, repetitive clinical tasks in athenahealth, Epic, and Allscripts EMRs. Its refill management and visit planning
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Aetion Raises $36M to Expand Evidence Analytics Platform for Value-Based Care

by Jasmine Pennic 04/11/2018 Leave a Comment

Aetion Receives $36M in Series B Funding for Evidence Analysis to Biopharma Companies and Healthcare Payers

Aetion, a software platform company that delivers real-world analytics and evidence needed for biopharma and payers to engage in value-based care, has raised $36.4 million in Series B funding. The round was led by New Enterprise Associates (NEA) and included a new investor, Amgen Ventures, alongside existing investors Flare Capital Partners, Lakestar and Oxeon Ventures. Mohamad Makhzoumi of NEA will join the Aetion board of directors.With the addition of the $36 million, Aetion has raised a
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hc1.com Raises $7M to Further Expansion into Healthcare CRM Market

by Fred Pennic 04/10/2018 Leave a Comment

hc1.com Raises $7M to Further Expansion into Healthcare CRM Market

 hc1.com, a Indianapolis, IN-based provider of healthcare relationship management, today announced it has raised $7 million in new Series B capital led by private equity firm Health Cloud Capital and included participation from Elevate Ventures, a long-time investor in hc1.com. The latest round of funding enables the company to continue its aggressive expansion within the healthcare CRM market, and to drive expanded adoption of its newly launched information services, including hc1
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AI Nutrition Data Startup Nutrino Lands $10M to Build Largest Food Database

by Fred Pennic 04/10/2018 Leave a Comment

AI Nutrition Data Startup Nutrino Lands $10M to Build Largest Food Database

Nutrino, an Israeli-based digital health provider of nutrition-related data services and analytics technology, announced today the completion of its Series A round of $8 million, bringing the total raised to $10 million. The round included participation from Pereg Ventures, Nielsen Ventures and Gandyr Group joined existing investors - including the New York Angels group. The latest round of funding will be used to further develop Nutrino’s database, which collates data from millions of food
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Novartis to Acquire Gene Therapy Provider AveXis for $8.7B in Cash

by HITC Staff 04/09/2018 Leave a Comment

Novartis to Acquire Gene Therapy Provider AveXis for $8.7B in Cash

Novartis announced today that is has entered into an agreement to acquire  AveXis, Inc., a clinical stage gene therapy company for $8.7 billion in cash. AveXis lead product candidate, AVXS-101, has potential to be first-ever one-time gene replacement therapy for spinal muscular atrophy (SMA), a disease which results in early death or lifelong disability with considerable healthcare costs. It is estimated that one out of every 6,000-10,000 children born is affected by some form of SMA.The US Food
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