What You Should Know:
Culmination Bio, a company building the largest disease-agnostic patient data intelligence platform, today announced a $10 million investment from Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures.As a spinoff from Intermountain Health, Culmination Bio maintains exclusive rights to a physical library and cloud-based data lake covering over 40 years of de-identified patient electronic health records and biospecimen data.
Data
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Vivodyne Secures $38M for AI-Powered Drug Discovery Platform
What You Should Know:
- Vivodyne, a biotech company that accelerates drug discovery by testing therapies on lab-grown human organs raises $38M in total seed financing, led by Khosla Ventures, with participation from Kairos Ventures, CS Ventures, MBX Capital, and Bison Ventures.
- The funding will support Vivodyne's development of a clinically predictive AI stack and discovery pipeline, which utilizes lab-grown human organ tissues to identify novel therapeutic targets and predict patient
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PayGround Secures $19.7M to Expand Healthcare Fintech Payments Platform
What You Should Know:
- PayGround, a Gilbert, AZ-based healthcare fintech payments platform, announced closing a $19.7M oversubscribed Series A financing led by SixThirty with participation from Rally Ventures, IA Capital Group, FCA Venture Partners and Plug and Play Ventures.
- The funding will bolster the company’s rapid expansion into hospitals and health systems, building on its success in the ambulatory market, as well as grow its senior leadership
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RepeatMD Secures $50M to Automate Revenue Generation in the Aesthetics & Wellness Industry
What You Should Know:
RepeatMD, a SaaS company leveraging Inbound Revenue to increase sales for aesthetic and wellness practices, has secured $50 million in Series A funding, including a $10 million debt facility from Silicon Valley Bank.This funding marks a significant milestone in RepeatMD's mission to deliver superior revenue efficiency to growing practices and to enhance their patients’ experience.
Bolstering New and Growing Practices
RepeatMD has successfully secured a
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Medmo Secures $9M to Streamline Medical Imaging
What You Should Know:
Medical imaging technology company Medmo announced a $9 million funding round led by Lerer Hippeau,alongside existing investors Jerusalem Venture Partners (JVP), C2 Ventures and Stone IsraVentures.In addition, an array of notable angel investors participated, including Elliot Cohen, founder of PillPack (acquired by Amazon), and Klara (acquired by ModMed) Co-founders Simon Bolz and Dr. Simon Lorenz. The additional
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Pathway Raises $5M for AI-Powered Medical Knowledge Platform
What You Should Know:
- Pathway, an AI-powered medical knowledge platform, has secured $5 million in seed funding to expand its solutions and address information overload for healthcare professionals. The seed funding was led by Yamaha Motor Ventures, with participation from Verge HealthTech Fund, existing investors Amplify Capital, BoxOne Ventures, and Formentera Capital. Several physicians who have experienced Pathway's benefits also backed the funding round.
- The funding will allow
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Forward Secures $100M to Expand AI-Powered Doctor’s Offices
What You Should Know:
- Forward, a leading AI-powered healthcare company, has announced $100M in growth capital to expand its network of Forward CarePods, self-service AI-powered doctor's offices. This investment will fuel Forward's mission to revolutionize healthcare by making it more accessible, affordable, and high-quality.
- The funding round was led by Khosla Ventures, with participation from Founders Fund, Samsung Next, Abu Dhabi Investment Authority, and Softbank. In addition to
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Cytovale Fuels Sepsis Diagnostic Innovation with $84M in Funding
What You Should Know:
Cytovale®, a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases, today announced it has raised $84 million in Series C funding led by Norwest Venture Partners with participation by additional new investors Sands Capital and Global Health Investment Corporation (GHIC).The financing included participation from other new and existing investors, as well as the conversion of
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Teen Mental Health Startup BeMe Health Raises $1.5M From BCBS Kansas
What You Should Know:
BeMe Health (BeMe), creator of an interventional behavioral health platform built by and for teens, has announced a $1.5 million funding investment from Blue Cross and Blue Shield of Kansas (BCBSKS). This investment and strategic partnership will extend mental health support to an estimated 20,000 teenagers across Kansas, addressing a critical need as suicide is now the second-leading cause of death among those aged 15 to 24 in the U.S.
Increasing
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MIT Spun Out Layer Health Launches with $4M to Build the AI Layer for Healthcare
What You Should Know:
- Layer Health, a healthcare AI company spun out of MIT, has been launched with $4M in funding from investors such as GV (Google Ventures), General Catalyst, and Inception Health.
- The company is focused on solving the information problem in healthcare by using AI to quickly perform any clinical, administrative, or research task that requires chart review from unstructured data.
Building the AI layer for healthcare — powered by large language models.
Layer
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