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

Kyan Health Raises $16.7M to Transform Workplace Mental Health with AI

by Fred Pennic 11/27/2024 Leave a Comment

What You Should Know: - Kyan Health, a digital health company transforming workplace mental wellbeing, has secured $16.7 million in funding to expand its AI-powered platform globally. - The investment, comprising a seed round led by Amplo VC and a Series A round led by Swisscom Ventures, will fuel Kyan's mission to transform how companies approach employee mental health. Addressing the Mental Health Crisis in the Workplace Despite billions spent on workplace wellness programs, many
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Neoplas Med Secures $18M Investment to Advance Cold Plasma Wound Care Tech

by Fred Pennic 11/27/2024 Leave a Comment

Neoplas Med Secures $18M Investment to Advance Cold Plasma Wound Care Tech

What You Should Know:  - Neoplas Med GmbH, a Greifswald-based medical technology company, has secured an $18M investment from Niterra Ventures Company to further develop and expand its innovative cold plasma wound care technology.  - The latest investment brings Niterra's total investment in Neoplas Med to $25M, following previous funding rounds in 2022 and 2023. Transforming Wound Care with Cold Plasma Neoplas Med is a pioneer in the field of cold plasma technology for
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TailorMed Secures $40M to Improve Medication Access and Affordability

by Syed Hamza Sohail 11/26/2024 Leave a Comment

TailorMed Secures $40 Million to Improve Medication Access and Affordability

What You Should Know: -TailorMed, a leading innovator in healthcare technology, announced a $40 million financing round combining equity and debt. This investment positions the company to advance its bold vision of transforming medication access, adherence, and affordability across the United States. - Windham Capital Partners led the round, alongside Citi Impact Fund, Samsung Next, and BrightEdge, and the investment arms of some of the nation’s top health systems: Providence Ventures, OSF
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Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI

by Syed Hamza Sohail 11/25/2024 Leave a Comment

Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round

 What You Should Know: - Hospitals across the country are facing an ever-increasing onslaught of claims denials from insurance companies, with denials up 20.2% in 2023, according to the American Hospital Association. These denials – triggered by AI and often error-prone – cost hospitals $20 billion a year in administrative bloat and reduce patients’ access to quality care. - To help hospitals fight back, Cofactor AI today introduced a new first-of-its-kind AI-powered
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Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach

by Fred Pennic 11/21/2024 Leave a Comment

Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach

What You Should Know:  - Zarminali Health, a new pediatric healthcare provider, has secured $40M in seed funding to revolutionize the delivery of primary and specialty care for children led by General Catalyst.   - Zarminali Health is poised to transform the pediatric healthcare landscape by providing a modern, integrated, and patient-centric approach to care. The innovative model has the potential to improve health outcomes for children, reduce clinician burnout, and
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OneCell Diagnostics Raises $16M for Genomics-Based Precision Oncology Platform

by Syed Hamza Sohail 11/21/2024 Leave a Comment

OneCell Diagnostics Raises $16M for Genomics-Based Precision Oncology Platform

What You Should Know: - OneCell Diagnostics, a genomics-based precision oncology company, announced today that it has raised $16M in an oversubscribed Series A funding round led by Celesta Capital, with participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures.  - The funding will be used to advance its vision of democratizing precision oncology through cancer diagnostic testing that is more accessible, actionable, and affordable. Celesta Capital Founding
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World Class Health Secures $8M to Expand Global COE & Concierge Health Benefit

by Syed Hamza Sohail 11/20/2024 Leave a Comment

World Class Health Secures $8M to Expand Global COE & Concierge Health Benefit

What You Should Know: - World Class Health, the largest Global Centers of Excellence (COE) and Concierge Health benefit that provides employees and their families access to the top 1 percent of hospitals and doctors worldwide, today announced an $8M seed round led by AlleyCorp with participation from LifeX, Joyance, Cooley & Co, City Light, Vivek Garipalli (Founder and Executive Chairperson of Clover Health), and Munjal Shah (Co-Founder & CEO of HippocraticAI.com).  - The company’s
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Synapticure Raises $25M to Expand Virtual Care for Neurodegenerative Diseases

by Fred Pennic 11/19/2024 Leave a Comment

Synapticure Raises $25M to Expand Virtual Care for Neurodegenerative Diseases

What You Should Know:  - Synapticure, a virtual care company focused on neurodegenerative diseases secures $25M in a Series A funding round led by B Capital, the investment includes participation from new investors CommonSpirit Health, CVS Health Ventures, RA Capital Management, and Nexus NeuroTech Ventures, as well as existing investors Google Ventures, Optum Ventures, and Rock Health Capital. - Founded by individuals with firsthand experience navigating the challenges of
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Jimini Health Launches with $8M for AI Therapist Assistant, Sage

by Fred Pennic 11/19/2024 Leave a Comment

Jimini Health Launches with $8M for AI-Augmented Mental Healthcare Platform

What You Should Know:  - Jimini Health, a digital health company reimagining mental healthcare, has announced its launch with $8 million in pre-seed funding from Zetta Venture Partners, LionBird, PsyMed, BoxGroup, Arkitekt Ventures, SCB, and others.  - The company offers a unique, clinician-led therapy model enhanced by responsible AI, aiming to improve patient outcomes and transform the mental health experience. - Jimini Health was co-founded by Luis Voloch, Mark Jacobstein,
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Citizen Health Secures $14.5M for AI Platform for Rare Diseases

by Syed Hamza Sohail 11/19/2024 Leave a Comment

Citizen Health Secures $14.5M for AI Platform for Rare Diseases

What You Should Know: - Citizen Health, an innovative AI-powered consumer health platform designed to support over 400 million individuals managing rare and complex conditions, has announced the successful closing of a $14.5 million seed round.  -  The funding round was led by Transformation Capital, with participation from Wavemaker 360 and prominent angel investors. This investment is further strengthened by a strategic partnership with the Chan
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