What You Should Know:
- FIRE1, a connected medical device company, announced it has secured $120M in funding to advance its mission to transform the lives of millions of people living with heart failure. The round was led by Polaris Partners and Elevage Medical Technologies, joined by new investors Sands Capital and Longitude Capital, and existing investors Andera Partners, Gilde Healthcare, Gimv, the Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, NEA (New Enterprise
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Red Rover Health Secures $4M to Simplify EHR Integration for Providers
What You Should Know:
- Red Rover Health, which enables healthcare providers to integrate “best of breed” third-party solutions into their electronic health record (EHR) systems, has received $4 million in seed funding from NewShore Partners.
- The latest funding gives Red Rover the capital to hire key talent to expand the core integration platform and scale operations.
Red Rover Health Revolutionizes EHR Integration with Innovative RESTful API Platform
Red Rover Health, Inc., based
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Providence Ventures Spins Out, Forms Allumia Ventures
What You Should Know:
- Allumia Ventures, formerly known as Providence Ventures, announced its spin-off from Providence to become an independent venture capital firm.
- The spin out follows the first close of its third fund, marking a significant milestone in the firm's evolution. The firm will continue to work closely with Providence as an Anchor Limited Partner while inviting a select group of other healthcare organizations to join its third fund.
Allumia Ventures
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Twentyeight Health Secures $10M to Expand Access to Affordable Women’s Healthcare
What You Should Know:
- Twentyeight Health, a digital-first women's healthcare platform raises $10M in a Series A funding round led by Seae Ventures, with participation from Impact America Fund, The Social Entrepreneurs' Fund, RH Capital, Impact Engine, Gratitude Railroad, and Townhall Ventures.
- The latest round brings the company's total funding to $25M and will fuel its mission to provide convenient, affordable, and stigma-free reproductive and sexual care to women across
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Pepticom Secures $6.6M to Advance AI-Powered Peptide Drug Discovery
What You Should Know:
- Pepticom, an innovator in AI-driven peptide-based therapeutics secures $6.6M in a Series A1 funding round led by Japan Israel High Tech Ventures 2 LP, with strong support from existing investors.
- The new funding will accelerate the development of Pepticom's oral IL-17 inhibitor program, focusing on creating improved treatments for autoimmune diseases like psoriasis and psoriatic arthritis.
Revolutionizing Autoimmune Disease Treatment
Pepticom is
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Vitalic Launches Geriatric Behavioral Health Platform for Seniors
What You Should Know:
- Vitalic announced the launch of its innovative geriatric behavioral health platform, designed specifically to address the often overlooked mental health needs of older adults.
- Launching with $4M in seed funding from Redesign Health and Medicare Advantage payor VNS Health (a national home- and community-based health care payor/provider), Vitalic focuses on providing comprehensive and integrated care that prioritizes the unique challenges and vulnerabilities of
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Royal Health Secures Significant Investment from HealthQuest Capital
What You Should Know:
- Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.
- The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019.
While the specific funding amount
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Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers
What You Should Know:
- Confido Health, a healthcare technology company developing AI-powered digital workers for specialty practices, has secured $3M in seed funding led by Together Fund.
- Confido Health was founded by serial entrepreneurs with expertise in AI-driven automation. The investment will fuel the company's mission to transform healthcare operations by automating administrative tasks and improving efficiency.
Addressing the Burden of Manual
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Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation
What You Should Know:
- Scripta Insights, an AI-powered pharmacy navigation platform, has secured $17M in Series B funding led by Aquiline, a private investment firm specializing in financial services and technology.
- The latest investment brings Scripta's total funding to $42M and supports its mission to address the rising cost of prescription drugs in the United States.
Addressing the Prescription Drug Affordability Crisis
The cost of prescription drugs is a significant
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Anatomy Financial Secures $19M to Expand AI-Powered Lockbox for Healthcare Providers
What You Should Know:
- Anatomy Financial, the developer of the AI-powered lockbox to convert paper mail from healthcare practices of all sizes to an email-like experience for simplified billing workflows, today announces $19M in Series A funding led by Canapi Ventures.
-Neil Underwood from Canapi and Nicole Quinn from Lightspeed Venture Partners will be joining the Anatomy board, supporting Anatomy’s efforts to bring a digital back office and AI-powered financial operations to healthcare
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