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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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
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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AirStrip Raises $25M for Mobile Enabled Healthcare Expansion
AirStrip, provider of mobile healthcare applications that drive clinical transformation, has raised $25 million in a strategic funding round led by the Gary and Mary West Health Investment Fund, Sequoia Capital and Wellcome Trust that includes some of the most influential leaders in healthcare.
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Telehealth Companies Have Raised $433M Across 79 Deals Since 2007
Telehealth companies have raised $433M across 79 deals since since the start of 2007, according to CB Insights Data. The venture capital database and angel investment database company stated in a recent blog post that 2014 YTD funding has already reached record breaking levels with the highest amount of telehealth funding on record, up 130 percent from 2013. The chart shown below illustrates the funding trend to telehealth companies since 2007. For more information on telehealth funding deals,
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Rock Health Adds 8 Startups To Its Portfolio, Partners With Abott, Blue Shield of California, Deloitte
Rock Health, a San Francisco-based full service seed fund for digital health startups today announced its latest addition of eight startups to its portfolio. The newest class is focused on using technology to address several pain points in healthcare ranging from a platform to allow doctors to manage neurological disorders to a collaboration platform for life science R&D.
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Validic Raises $5M to Accelerate Health Data Interoperability
With the emergence of patient devices, wearables and healthcare apps, insightful healthcare data is now overflowing in abundance. However, the ability to extract and deliver that data more readily to healthcare organizations is still a real challenge— until now. Validic, a pioneer in accessing digital and mobile health data announced it has closed $5 million in Series A funding co-led by Greycroft Partners and SJF Ventures. The funding will be used to accelerate its leading healthcare technology
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Acupera Raises Additional $4M to Scale Its Population Health Platform
Acupera, a provider of population health and workflow technology for health systems has secured an additional $4 million in financing from Lightspeed Venture Partners joined by The Whittemore Collection, Ltd, which supported the Series A funding. Acupera will use this latest funding round to scale its product development team and add to its customer implementation group.
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