Endotronix, Inc., a digital health medtech company providing innovative solutions for patients with advanced heart failure, today announced that it has entered into a $12 million term loan agreement with Silicon Valley Bank (SVB). The financing comes after a successful $32 million Series C round last July that included BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, OSF Ventures, existing investors, and a corporate strategic investor. The startup plans
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Rock Health: Digital Health Funding Tops $4.3B in 2016, Down 8% from 2015
Digital health funding reached $4.2B in 2016, down 8% from 2015, representing a compound annual growth (CAGR) from 2011-2016 of 30%, according to the 2016 Year End Funding Report report from digital health venture firm Rock Health. 2016 The annual report reveals 2016 was a strong year for digital health, but it also served as a reality check for founders and investors due to the election and uncertainty around the future of the ACA.In comparison to StartUp Health's digital health funding
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Pursuant Health (Solo Health) Nabs $12.8M to Expand Population Health Platform
Health kiosk company Pursuant Health formerly known as Solo Health has raised $12.8 million in Series A funding to expand its population health platform through new channels. These channel expansions include texting, mobile, digital and incentive management capabilities, providing broader program administration, engagement and collection of health data.Founded in 2010, the Atlanta-based company conducts population level health screenings that follow United States Preventive Services Task Force
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Arcadia Healthcare Solutions Raises $30M to Expand Data Analytics Platform
Burlington-based Arcadia Healthcare Solutions has raised $30 million in capital growth from the Merck Global Health Innovation Fund, GE Ventures, and existing investors Peloton Equity, Zaffre Investments, and Morgan Stanley Alternative Investment Partners. The EHR data aggregation/analytics company will utilize the funding to to accelerate its robust product development plans in the core Arcadia Analytics platform and expand population heath management market activities.Founded in 2002, the
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PeerWell Partners with NFL Athletes to Launch Post-Op Rehab Platform
PeerWell, whose mobile PreHab technology helps patients prepare for surgery, has announced the launch of an extension of its platform to assist patients through post-operative recovery. PeerWell’s platform now starts with PreHab to prepare patients for surgery and continues with ReHab to enable patients to recover from surgery. PeerWell’s PreHab to ReHab solution will first roll out for patients undergoing joint replacement surgery for the hip or knee.PeerWell collaborated with retired NFL star
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Castlight Health Acquires Enterprise Health Benefits Platform Jiff
Health benefits platform provider Castlight Health has acquired employee digital health platform Jiff to form a single company offer the most comprehensive health benefits platform in the industry. The combined company will expand product offering and distribution channels that will accelerate growth on a larger revenue base serving more than 240 customers, including over 70 of the Fortune 500. This marks the first digital health acquisition of 2017.Based in Mountain View, CA, Jiff serves as a
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VIDA Raises $5.1M to Commercialize Precision Pulmonary Informatics
VIDA Diagnostics, Inc., a Coralville, IA-based provider of precision pulmonary informatics has raised $5.1 million in Series B funding led by Chartline Capital Partners with participation from Rittenhouse Ventures, Next Level Ventures, Rural Vitality Fund II, Iowa Seed Fund, and Northern California Investment Fund. The latest round will be utilize to help commercialize VIDA’s pulmonary imaging software and associated Precision Services including hiring additional talent.Founded in 2004, VIDA
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GreatCall Acquires Healthsense to Expand Senior Care Market Footprint
Connected health for active aging provider GreatCall Inc. has acquired Healthsense, a provider of of passive remote monitoring services for the senior care, managed care and home care. Healthsense remote monitoring service is based on industry-leading passive technology that track activities of daily living (ADLs).For GreatCall the acquisition will expand its portfolio of connected health services for senior living and healthcare. . GreatCall's products and services include: Lively, Jitterbug
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Zipari Nabs $7M for CRM, Consumer Experience Platform for Health Insurance
Zipari, a Brooklyn, NY-based startup has raised$7 million in Series A funding led by Vertical Venture Partners. The company plans to utilize the funding to expand their suite of CRM-centered software as a service solutions for the health insurance vertical.Founded in 2014, Zipari provides carriers with CX platform, a SaaS based insurance-specific consumer experience platform featuring real-time insights into consumer behavior at every touch-point, enabling member segmentation with predictive
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PatientBank Lands $2.2M to Help People Request Medical Records Online
PatientBank, a Y Combinator-backed startup focused on helping people gather and share medical records online has raised $2.2 million seed funding co-led by General Catalyst and Khosla Ventures, with participation from SV Angel, Spectrum 28, and Data Collective. For just a processing fee of $30 for each medical record, patients, doctors, and researchers can use PatientBank to request medical records from anywhere in the United States.The process is simple and easy: all the user have to do is
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