What You Should Know:
- Tuva Health, the world's first open-source healthcare data transformation platform, launched out of stealth today with $5M in seed funding. The company offers payers, providers, and pharmaceutical companies the ability to transform claims and EHR datasets into analytics-ready data tables via an open-source data model with built-in normalization, data quality testing, and enrichment.
- Tuva Health’s mission is to advance high-quality healthcare analytics by making
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Capstan Medical Raises $110M to Advance Minimally Invasive Heart Valve Treatment
What You Should Know:
- Capstan Medical, a medical technology company developing innovative solutions for heart valve disease secures $110M in a Series C funding round led by Eclipse with participation from existing investors Yu Galaxy and Intuitive Ventures, and new investment from Gideon Strategic Partners.
- Capstan Medical is developing a suite of next-generation heart valve implants and a first-of-its-kind catheter-based robotic delivery platform.
Addressing the Global Burden
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Offcall Launches with $2M for Financial & Career Platform for Physicians
What You Should Know:
- Offcall, a new digital platform designed specifically for physicians, has officially launched to address the growing financial and career challenges faced by doctors across the United States.
- Offcall has raised $2M in funding from investors, including Bloomberg Beta and Roar Ventures, as well as prominent physicians across the U.S. This investment will support the platform's growth and expansion of its offerings.
Addressing the Challenges Faced by
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Soda Health Raises $50M for Healthcare Benefits Admin Platform to Reduce Health Inequities
What You Should Know:
- Soda Health, a health tech company transforming the way healthcare benefits are utilized, has announced a $50 million Series B funding round led by General Catalyst, with participation from former Humana CEO Bruce Broussard and from existing investors Lightspeed Venture Partners, Define Ventures, Qiming Venture Partners USA, and SVB Capital.
- The Series B round of funding will fuel Soda Health's mission to improve health outcomes and reduce inequities
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Fello Raises $10.4M to Combat the Loneliness Epidemic with Peer Support Platform
What You Should Know:
- Meet Fello: The innovative peer support platform for the loneliness epidemic which connects anyone seeking connection and guidance to people who can help them because they have gone through the same exact struggle.
- Led by former Uber Eats executive Alyssa Pollack, who co-founded and co-led Uber Eats on its path from zero to $15B in revenue, Fello announced it has raised $10.4M to-date, including a seed investment from Glen Tullman’s 62Ventures, The
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Morgan Health Invests in Merative to Enhance Employer Healthcare Data and Analytics
What You Should Know:
- Morgan Health, a JPMorgan Chase business unit, has made a strategic investment in Merative, a leading provider of healthcare data, analytics, and technology solutions.
- The partnership aims to empower employers with the data and insights needed to improve healthcare decision-making, enhance benefit offerings, and drive better outcomes for their employees.
- The strategic investment from Morgan Health further strengthens Merative's position as a
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Kyan Health Raises $16.7M to Transform Workplace Mental Health with AI
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
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
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
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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