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

Thatch Secures $38M to Eliminate Employer-Based Health Benefits

by Fred Pennic 09/05/2024 Leave a Comment

Thatch Secures $38M to Eliminate Employer-Based Health Benefits

What You Should Know:  - Thatch, a pioneering healthcare benefits platform, has secured $38M in Series A funding to fuel its mission of decoupling health insurance from employment.  - Led by Index Ventures and General Catalyst, this investment will enable Thatch to expand its team, scale its technology platform, and accelerate customer acquisition. Addressing the Inefficiencies of Traditional Healthcare Benefits The traditional model of employer-sponsored health insurance
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Revelstoke Capital Partners Invests in MediQuant

by Fred Pennic 09/04/2024 Leave a Comment

Revelstoke Capital Partners Invests in MediQuant

What You Should Know:  - Revelstoke Capital Partners, a healthcare-focused private equity firm, has announced a significant investment in MediQuant, a provider of cloud-based data archiving and interoperability solutions. This investment marks the seventh from Revelstoke Capital Partners Fund III. - MediQuant's flagship product, DataArk, enables healthcare organizations to securely store and access critical patient data. By consolidating data from various systems, DataArk helps reduce
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Rejoy Health Secures $125M Valuation to Expand AI Capabilities in Healthcare

by Fred Pennic 09/04/2024 Leave a Comment

Rejoy Health Secures $125M Valuation to Expand AI Capabilities in Healthcare

What You Should Know:  - Rejoy Health, a pioneer in AI-powered healthcare solutions, announced today the successful completion of a significant funding round, valuing the company at $125M.  - This investment will fuel the expansion of Rejoy Health's AI capabilities, with a focus on hiring additional AI engineers and expanding GPU clusters. Revolutionizing Healthcare with AI Founded in 2021, Rejoy Health has rapidly emerged as a leader in developing AI-driven solutions
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Doccla Secures $45.9M to Scale Virtual Ward Solutions Across Europe

by Fred Pennic 09/03/2024 Leave a Comment

Doccla Secures $45.9M to Scale Virtual Ward Solutions Across Europe

What You Should Know:  - Doccla, a London-based provider of virtual ward and remote patient monitoring services, announced raises $45.9M (£35M) Series B funding round led by Lakestar with participation from Elaia as well as existing Doccla investors General Catalyst (led 2022 Series A), Bertelsmann Investments, and Speedinvest.  - The investment will fuel Doccla's expansion plans across Europe, particularly focusing on France and the DACH region (Germany, Austria, and
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Sounder Benefits Launches with $7.5M for Intelligent Employer Health Benefits

by Syed Hamza Sohail 08/28/2024 Leave a Comment

Sounder Benefits Launches with $7.5M for Intelligent Employer Health Benefits

What You Should Know: -  Sounder Benefits, an intelligent benefits healthtech company that provides total benefit solutions for high-growth companies, launched today. -  Built at Redesign Health, Sounder Benefits will combine AI-driven insights and strategic benefits advisory services to design comprehensive total benefits strategies that go beyond traditional benefit solutions.  Transforming Employee Benefits: Sounder Benefits’ Strategic Approach for Growth Companies Sounder
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Solace Raises $14M to Expand Healthcare Advocacy Platform

by Fred Pennic 08/23/2024 Leave a Comment

Solace Raises $14M to Expand Healthcare Advocacy Platform

What You Should Know:  - Solace, a digital health platform connecting patients with expert healthcare advocates secures $14M in Series A funding led by Inspired Capital, with participation from existing backers Craft Ventures and Torch Capital, as well as new investors including Anne Wojcicki, the late Susan Wojcicki, RiverPark Ventures, and Coalition Operators.  - The new funding brings Solace's total funding to $21M since its founding.   Empower Patients through
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Jumo Health Secures Funding to Improve Clinical Trial Enrollment

by Syed Hamza Sohail 08/23/2024 Leave a Comment

Jumo Health Secures Funding to Improve Clinical Trial Enrollment

What You Should Know: - Falfurrias Management Partners (Falfurrias), a Charlotte-based private equity firm focused on growth-oriented, middle-market businesses, today announced its investment in Jumo Health, an innovative and award-winning clinical trial solutions company driving better outcomes for clinical trials globally. -  Jumo Health develops creative, patient-centric educational solutions that improve health literacy to accelerate clinical trial enrollment and increase participant
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Openwater Secures $100M to Tackle Diseases at the Cellular Level

by Fred Pennic 08/22/2024 Leave a Comment

Openwater Secures $100M to Tackle Diseases at the Cellular Level

What You Should Know:  - Openwater, a pioneering healthcare technology company, today announced the acceleration of its plans to commercialize its groundbreaking platform that leverages semiconductor physics, light, and sound to diagnose and treat diseases at the cellular level. - Founded by Mary Lou Jepsen, a former executive at Google X, Meta, and "One Laptop Per Child," Openwater has secured $100M in funding to advance its mission of making advanced medical care accessible
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CancerIQ Raises Growth Capital for Personalized Cancer Detection

by Fred Pennic 08/21/2024 Leave a Comment

CancerIQ Raises Growth Capital for Personalized Cancer Detection

What You Should Know:  - CancerIQ, a Chicago, IL-based precision health platform focused on empowering healthcare providers to personalize cancer prevention and early detection announced it has secured a growth funding package from Decathlon Capital Partners.  - While specific financial details of the transaction were not disclosed, the investment will enable CancerIQ to further develop its digital tools, introduce new offerings, and strengthen partnerships with healthcare
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PreciseDx Raises $20.7M for AI-Powered Cancer Risk Assessments

by Fred Pennic 08/21/2024 Leave a Comment

PreciseDx Raises $20.7M for AI-Powered Cancer Risk Assessments

What You Should Know:  - PreciseDx, a pioneering company in oncology diagnostics utilizing artificial intelligence (AI) raises $20.7M in Series B funding led by Eventide Asset Management with participation from Labcorp, Quest Diagnostics, GenHenn Capital Venture, and existing investors. This brings the company's total funding to date to $31.5M.  - The new funding will enable PreciseDx to accelerate its growth and expand its operations. The company plans to invest in talent
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