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

Eli Raises $12M to Launch the Hormometer™, The World’s First Real-Time Hormone Monitor

by Jasmine Pennic 06/12/2025 Leave a Comment

Eli Raises $12M to Launch the Hormometer™, The World's First Real-Time Hormone Monitor

What You Should Know:  - Eli, a health technology company, announced it has raised $12M in Series A funding to scale its vision for real-time hormone monitoring led by BDC Capital’s Thrive Venture Fund, with participation from Muse Capital, TELUS Global Ventures, and other key investors. This brings the company's total funding to $20M. - The new capital will be used to bring the Hormometer™—the world’s first instant hormone monitoring system—to millions of people, addressing a
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The Future of Mobility: Wandercraft Raises $75M for Self-Balancing Exoskeletons

by Fred Pennic 06/11/2025 Leave a Comment

The Future of Mobility: Wandercraft Raises $75M for Self-Balancing Exoskeletons

What You Should Know:  - Wandercraft, the global leader in self-balancing robotic mobility systems secures $75M in funding and financing as part of its Series D round.  - The round saw major contributions from Renault Group, the PSIM fund managed by Bpifrance on behalf of the French State, Teampact Ventures, and Quadrant Management. Propelling the Next Phase of Growth Founded in 2012, Wandercraft is globally recognized for creating the world’s first self-balancing walking
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Zorro Secures $20M for AI-Powered Benefits Adminstration Platform

by Fred Pennic 06/11/2025 Leave a Comment

Zorro Secures $20M for AI-Powered Benefits Adminstration Platform

What You Should Know:  - Zorro, a next-generation benefits administration platform using advanced technology to reshape how America’s workers plan for and purchase healthcare secures $20M in Series A funding led by Entrée Capital, with participation from existing investors 10D and Pitango. - The company is pioneering the use of Individual Coverage Health Reimbursement Arrangements (ICHRA) combined with an AI-driven platform to move employers away from traditional one-size-fits-all
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Emory Healthcare Invests $10M in Guidehealth to Advance AI-Driven Care

by Fred Pennic 06/10/2025 Leave a Comment

Emory Healthcare Invests $10M in Guidehealth to Advance AI-Driven Care

What You Should Know:  - Guidehealth, an AI-driven healthcare technology and services company, today announced a $10M strategic investment from Emory Healthcare.  - The funding is aimed at accelerating Guidehealth’s next phase of growth and strengthens both organizations' commitment to transforming patient care, advancing disease prevention, and expanding access to high-quality, value-based healthcare. The collaboration builds on an existing relationship between the two organizations,
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Canid Raises $10M to Streamline Pediatric Vaccine Management for Independent Practices

by Fred Pennic 06/06/2025 Leave a Comment

Canid Raises $10M to Streamline Pediatric Vaccine Management for Independent Practices

What You Should Know:  - Canid, the healthcare technology company dedicated to simplifying pediatric vaccine management secures $10M in Series A funding round led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB, and others.  - The new funding brings Canid's total capital raised to $12.9M. Canid plans to use the funding to fuel the company's expansion as it supports a growing number of independent pediatricians across the U.S. - The
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ArcheHealth Secures $6.7M o Launch AI-Powered Operational Intelligence Platform for Hospitals

by Fred Pennic 06/03/2025 Leave a Comment

What You Should Know:  - ArcheHealth, a company poised to be a leader in healthcare operational intelligence has secured a $6.7M round of seed funding.  - The investment will fuel the launch of its AI-powered platform designed to reduce healthcare costs and drive operational performance improvement for hospitals and health systems. The seed round was funded by prominent investors LRVHealth, Martin Ventures, and Texas Health Resources. Addressing the Pressing Need for
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Swedish Femtech Venture Studio Daya Ventures Raises Capital for Global Expansion

by Jasmine Pennic 06/02/2025 Leave a Comment

Swedish Femtech Venture Studio Daya Ventures Raises Capital for Global Expansion

What You Should Know:  - Daya Ventures, a Swedish venture studio that has rapidly established itself by building femtech companies from scratch, today announced the first close of its ongoing funding round.  - The company has successfully secured SEK 2 million of a total targeted SEK 8 million, with investments from high-profile backers from both Wall Street and Europe. The capital injection is earmarked to scale Daya's proven model of creating an "Ecosystem for Women's Health"
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AssistIQ Secures $11.5M to Transform Hospital Supply Chains with AI

by Fred Pennic 05/28/2025 Leave a Comment

AssistIQ Secures $11.5M to Transform Hospital Supply Chains with AI

What You Should Know:  - AssistIQ, an AI company utilizing computer vision to revolutionize how hospitals manage surgical and procedural supply chains secures $11.5M in Series A funding round led by Battery Ventures, with participation from return investor Tamarind Hill. With this funding, Battery Ventures Principal Brandon Gleklen will join AssistIQ’s Board of Directors. - The company’s platform is gaining traction across academic and community hospitals, capturing every item used in
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Kyron.bio Secures $6.2M to Optimize Biologic Drug Development with Precision Glycan Engineering

by Fred Pennic 05/28/2025 Leave a Comment

Kyron.bio Secures $6.2M to Optimize Biologic Drug Development with Precision Glycan Engineering

What You Should Know:  - Biotechnology company kyron.bio announced the successful closing of a $6.2M (€5.5M) seed funding round aimed at solving critical challenges in biologic drug development, specifically varying efficacy and the dangers of side effects.  - The round was led by HCVC, with participation from Verve Ventures, Entrepreneurs First, Saras Capital, and numerous reputable angel investors. - The funds will be used to accelerate the development of kyron.bio’s proprietary
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Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints

by Fred Pennic 05/27/2025 Leave a Comment

Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints

What You Should Know:  - Brooklyn Health, a neuroscience technology company focused on objective measurement of mental health announced it has secured $6.5M in seed funding led by HealthX, with participation from Metrodora Ventures, Story Ventures, RiverPark Ventures, Laconia Capital, Everywhere Ventures, Hypothesis Studio, Blue Falcon Capital, and others. - The funding coincides with the company's debut of its new electronic clinical outcome assessment (eCOA) solution, Willis. Willis
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