Telehealth provider Teladoc has announced it has secured a $50 million round of equity funding led by Palo Alto-based Jafco Ventures, a leading technology venture capital firm. This cash fusion will further reinforce Teladoc’s leadership position and support the acceleration of its robust growth strategy.
Teladoc will continue to pursue growth organically and through additional strategic partnerships and targeted acquisitions. The company is anticipating record-setting growth in January 2015
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Employee Digital Health Platform Jiff Closes $18M Series B Round
Employee digital health platform Jiff today announced an $18 million Series B round led by Venrock. Jiff provides an enterprise solution for self-insured employers to connect to and manage hundreds of innovative digital health tools, and provides each employee an individualized health incentives program through an addictive mobile experience.
“With founders James Currier and Stan Chudnovsky behind them, Jiff also has the best engagement and product design team we have ever seen in healthcare
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Big Data Cancer Platform COTA Secures $3.7M in Funding from Insurer
Big data cancer platform COTA closes $3.7M of planned $7M Series A funding round to make value-based cancer care delivery and reimbursement a reality.
The promise of value-based care and big data insights in healthcare are undeniable. But few have found a way to integrate it in a real-life setting and obtain the consensus of payers, providers, patients, technology partners etc. COTA, which today closed $3.7M in Series A funding from Horizon Healthcare Services, Inc. , is changing that status
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Digital Health Funding Expected to Top $6.5 Billion by 2017
Digital health funding is expected to double in the United States over the next three years, growing from $3.5 billion in 2014 to $6.5 billion by the end of 2017, according to new research by Accenture. The forecast is based on market analysis, project experience, third-party analysis and data from 2,000 digital health start-ups receiving funding between 2008 and 2013.According to Accenture, an estimated $2.8 billion was used to fund digital health start-ups last year, growing at an annual rate
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Health Data Aggregator Validic Adds New Integration & Research Partners
Validic, the healthcare technology interoperability platform for aggregating digital health data, announced today the addition of several new clients and partners, as they continue to expand and grow their global digital health ecosystem.
With the addition of several new clients, which include Alere, The Vitality Group, Everyday Health, Datu Health, and ShapeUp, Validic’s client population size increases from 72 million to 80 million lives. Validic continues in discussions with major health
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DoctorBase CEO Talks Health Tech Entrepreneur Hardships
DoctorBase’s CEO John Kim shares lessons learned and explains why it takes more than experience for health tech entrepreneurs to find success in the health tech industry.
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Wellframe Raises $8.5M in Series A Funding Led by DFJ
Wellframe, a Boston-based company that combines mobile technology and artificial intelligence to amplify caring clinical relationships by engaging patients in personalized care plans, announced today that the organization has closed on $8.5 million in financing, led by DFJ, with participation from Formation 8, Waterline Ventures and Queensbridge Venture Partners.
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Revenue & Sustainability: Metrics for Health Tech Startup Success
Anne DeGheest, co-founder of HealthTech Capital explains the two most important metrics for health tech startup success.
2014 has been a great year so far for health tech startups with record breaking funding flowing into the sector. According to Rock Health, 143 digital health companies raised $2.3 billion in funding in the first half of 2014. Another notable aspect is that average deal size has risen significantly from $10 million last year to $15.6 million now.
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Launchpad Digital Health Funds Its First 5 Companies
Launchpad Digital Health, a focused next generation accelerator announced that it has funded its first five companies. Each company accepted into the accelerator program receives:
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Seed Accelerator Health Wildcatters Unveils Second Class of Startups
Health Wildcatters, the Southwest’s first healthcare seed-accelerator announced the twelve innovative companies chosen for the second class of the Dallas-based accelerator program today. Each startup will participate in the 12 week accelerator program receiving $30k in exchange for 8% equity stake. During the program, the startups will be paired with appropriate mentors and partners to:
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