What You Should Know: - Ellipsis Health, a San Francisco-based pioneer of the first voice vital sign to quantify and manage depression and anxiety at scale has raised $26M in Series A funding led by SJF Ventures with participation from several investors. The Series A investment round brings Ellipsis Health’s total funding to $31 million. - Founded in 2017, Ellipsis Health has pioneered an artificial intelligence-powered, speech-based vital sign to quantify and manage depression and anxiety
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Accenture Names 8 Finalists for HealthTech Innovation Challenge
What You Should Know: - Accenture announced eight finalists for its fifth annual Accenture HealthTech Innovation Challenge-North America, a competition that supports new and novel solutions from startups to improve the way people access, manage and finance healthcare in North America. - The finalists will participate in the final round and awards ceremony at a virtual event to be held on September 28, 2021. The judging panel will comprise executives from globally recognized health and
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Fresenius Medical Invests Additional $25M in Biotech Platform Humacyte
What You Should Know: Fresenius Medical Care (FMC) today announced its plans to invest an additional $25 million in clinical-stage biotechnology platform company Humacyte following the extension of its collaboration in June. Fresenius Medical Care acquired a stake in Humacyte in 2018 for $150M as part of a strategic partnership. Following the merger of Humacyte with a special purpose acquisition company (SPAC), FMC is increasing its position in the newly combined
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Sanas’ Accent-Matching Solution for BPOs Launches with $6M
What You Should Know: - Today Sanas.ai – which has been operating under stealth for a couple of years – is launching and announcing seed funding. Their AI platform for audio matches the accent of the person you're speaking with to yours with no perceptible lag time. Top venture funds investing in the company's $5.5 million seed round include Human Capital, General Catalyst, Quiet Capital, and DN Capital. Speech industry veterans joining Sanas' Board of Advisors include Wendell Brown
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How Pharma Startups Can Remain Competitive in Today’s Market
Challenging the status quo is never easy. Neither is being the underdog. Startups face both of these challenges when trying to break into existing industries dominated by well-established players. Differences in the size, speed, processes, and culture of a company make it challenging for all startups to compete, regardless of the industry. For newcomers or smaller startups in their respective industries, this competition may seem daunting and the road to funding difficult, but this
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Olive Launches In-House Venture Studio for Digital Health Startups
Olive Launches In-House Venture Studio for Digital Health Startups What You Should Know: - Olive, the $4B healthcare automation company, today announced Olive Ventures, a new in-house venture studio that works hand-in-hand with early-stage entrepreneurs to create digital health companies through Olive’s platform. - Olive Ventures offers visionaries a secure, compliant tech environment (i.e. Olive’s tech stack) that’s designed to rapidly validate, deploy, distribute and
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Rezilient Health Raises $2.5M to Open Virtual Primary Care CloudClinics
What You Should Know: - Rezilient Health, a St. Louis-based, concierge primary care practice that uses connected digital devices and an advanced video platform to bring doctors remotely to its CloudClinics today announced it has closed its oversubscribed $2.5M seed funding. The seed funding was led by Unseen Capital, with participation from Techstars, Headwater VC, The Council, and The Living Fund. - Founded in 2016 by Danish Nagada, MD and Jeff Gamble, Ph.D., Rezilient Health bridges
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Antidote Health Raises $12M to Build First Virtual HMO in the U.S.
What You Should Know: - AntidoteHealth, a New York City-based telehealth provider making quality healthcare accessible to all Americans, today announced it has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The seed round was led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors. - Antidote is an HMO, which means it cuts out the middleman, connecting simply patients to doctors. By offering a more
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Accenture Invests in Virtual Diagnostic Testing Platform ixlayer
What You Should Know: - Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed. - Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, payors and governments with the cloud-based IT infrastructure to scale products and
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K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy
What You Should Know: - KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed. - Trusst has built a proprietary, simulated way for users to have virtual conversations with national experts on topics ranging from shyness to trauma. The
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