What You Should Know: - Gympass, a New York City-based corporate wellness platform raises $85M in a Series F funding round led by EQT Growth, with participation from Neuberger Berman at a valuation of $2.4B. - In addition to the Series F funding led by EQT Growth, General Atlantic and Moore Strategic Ventures are also doubling down on their investments in Gympass by purchasing existing shares from earlier investors and current and former employees. Largest Global Wellness Network
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Nursa Secures $80M to Expand Healthcare Staffing Platform
What You Should Know: Nursa, a nationwide platform that exists to put a nurse at the bedside of every patient in need, today announced the completion of its executive leadership team following an $80 million Series B funding raise led by Drive Capital and joined by existing partners Pelion and Kickstart. With the addition of experienced Chief Product, Revenue and Technology Offers, Nursa is diversifying its expertise in order to further address the industry’s
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Venteur Secures $7.6M for Personalized Employer-Sponsored Health Insurance
What You Should Know: Venteur, the digital health startup helping companies provide personalized health insurance options to their employees, has closed a seed funding round at $7.6 million. TThe funding is led by GSR Ventures, with participation by Headwater VC, Revelry Venture Partners, Houghton Street Ventures, Plug and Play, Techstars, CRCM Ventures, and various strategic angels. The funding round closed in June. Improving Employee Healthcare
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UnitedHealthcare Accelerator Launches New Cohort of 10 Digital Health Startups
What You Should Know: The UnitedHealthcare Accelerator program, announced its fifth cohort of 10 digital health startups to participate in its four-month collaborative mentorship-driven program.Selected startups will receive guidance from UnitedHealthcare and Optum executive, fundraising support, and $50k in capital. 90% of this year’s companies were founded by women and / or people of color. Here is a look at UnitedHealthcare Accelerator’s 2023 program class: Advocatia |
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Robotics + Heart Valve Startup, Capstan Medical Raises $31.4M
What You Should Know: Today, Santa Cruz-based Capstan Medical, a developer of minimally invasive technology to address heart valve disease, announced $31.4M Series B investment round led by Eclipse.The Series B round included participation from Intuitive Ventures and Puma Venture Capital, a new firm founded by Amit Hazan, a veteran Wall Street medical technology analyst, and Dr. Vipul Patel, a renowned robotic surgeon who has performed more robotic procedures than any other
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CareQuest Innovation Partners + MATTER Launches 2nd Cohort of Startups for SMILE Health
What You Should Know: - CareQuest Innovation Partners, an organization that propels solutions that transform oral health, and MATTER, the premier healthcare incubator and innovation hub, announced five startups selected to participate in the second year of SMILE Health. - Launched last year, SMILE Health is a program for identifying the solutions that make oral health more accessible, equitable, and integrated with overall health. Out of the 100 applications from early-stage startups
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Steve Jobs’ Son Launches $200M Fund to Fight Against Cancer
What You Should Know: Reed Jobs - the son of Steve Jobs today announced the launch of his new venture capital (VC) investment fund, Yosemite, spun out from Emerson Collective Health with an oversubscribed $200M+ first close.Yosemite aims to meaningfully accelerate the technology, treatments, and standard of care that have the power to improve the health and lives of cancer patients.Composed of the Emerson Health team, Yosemite’s unique model provides no-strings-attached
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Femtech: HerMD Raises $18M to Transform Women’s Healthcare
What You Should Know: HerMD, a Cincinnatti, OH-based female-founded physician-led women’s health provider committed to revolutionizing women’s healthcare secures $18M in an oversubscribed Series A-1 round led by existing investor JAZZ, with participation from B-Flexion and Amboy Street Ventures. This new investment brings HerMD’s total funding to nearly $30M.Founded by Chief Medical Officer Dr. Somi Javaid in 2015, HerMD has been revolutionizing the future of women’s healthcare through
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RapidAI Secures $75M for AI-Driven Stroke Care Solutions
What You Should Know: - RapidAI, a San Mateo, CA-based digital health company developing artificial intelligence (AI) and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases, today announced $75 million in Series C funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data and technology markets. - The funding aims to drive platform
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Mindful Meditation App Headspace Closes $105M Debt Facility
What You Should Know: Headspace, a digital healthcare company focused on mental health announced it has closed $105M in senior debt facility from Oxford Finance, a specialty finance firm providing senior debt to healthcare and life sciences companies worldwide.Proceeds from the financing will be used to further support the expansion of Headspace's innovative mental health platform. Additionally, the investment will enable Headspace to be opportunistic in investing in areas where it sees
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