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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

by Jasmine Pennic 01/09/2024 Leave a Comment

XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

What You Should Know: - XRHealth, the leading healthcare platform in Spatial Computing, announced today a $6M funding round led by Asabys Partners, with participation from NOVA Prime Fund and XRHealth's existing investors. - This milestone follows the successful merger with Amelia Virtual Care, solidifying XRHealth's position as the largest extended reality (XR) platform encompassing mental, physical, and occupational health. VR/AR Meets Patient Needs XRHealth's platform leverages
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Care Continuity Secures $10M to Turbocharge Patient Navigation

by Jasmine Pennic 01/09/2024 Leave a Comment

Care Continuity Secures $10M to Turbocharge Patient Navigation

What You Should Know: - Care Continuity, a leading provider of data-driven patient navigation solutions, has secured $10M in Series A-3 funding, fueling its mission to streamline healthcare journeys and optimize network utilization. The investment, co-led by Empactful Capital & Viewside Capital Partners with participation from Flat Creek Capital and Loop 289 Limited Partners, empowers Care Continuity to further enhance its platform and reach, impacting both providers and patients across
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QuantHealth Scores $17M to Supercharge AI-Driven Clinical Trials

by Fred Pennic 01/08/2024 Leave a Comment

QuantHealth

What You Should Know: - In a decisive move towards faster and more efficient drug development, QuantHealth, a leading AI-powered clinical trial design company, has secured a strategic investment of $17M. - The new capital, fueled by Accenture Ventures alongside a prominent CRO and additional investors, bolsters QuantHealth's total Series A funding and propels its mission to revolutionize clinical trials through AI simulations. Saving Millions with 86% Predictive
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Imbed Raises $10M for FDA-Cleared Wound Care Technology

by Fred Pennic 01/08/2024 Leave a Comment

Imbed Raises $10M for FDA-Cleared Wound Care Technology

What You Should Know: Niterra, a global leader in diverse industries, today announced its participation in a $10M convertible debt financing round for Imbed Biosciences, Inc. (Imbed), a rising star in the field of tissue engineering. - This strategic investment marks Niterra's commitment to supporting innovative solutions that improve patient quality of life and aligns perfectly with its transformation towards non-internal combustion engine businesses. Revolutionizing Wound Care with
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Goldman Sachs Bets Big on Life Sciences with $650M Fund

by Fred Pennic 01/05/2024 Leave a Comment

Goldman Sachs Bets Big on Life Sciences with $650M Fund

What You Should Know: - Goldman Sachs Asset Management has announced the closing of its first-ever life sciences fund, West Street Life Sciences I, surpassing its target with $650 million in commitments. - This marks a significant investment in the burgeoning life sciences sector, showcasing Goldman Sachs' confidence in the field's potential to revolutionize healthcare. West Street Life Sciences Investment Thesis The fund will focus on growth-oriented private equity investments in
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Nabla’s AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

by Fred Pennic 01/05/2024 Leave a Comment

Nabla's AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

What You Should Know: - Nabla, a Boston, MA-based ambient AI assistant for healthcare professionals, announced today the initial close of a $24M Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures. - The latest round of funding brings Nabla's total funding to over $43M and fuels its mission to revolutionize healthcare delivery by empowering clinicians and improving patient care. Easing the Burden of EHRs: Clinicians often cite managing the
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Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication

by Fred Pennic 01/04/2024 Leave a Comment

Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication

What You Should Know: - Arbital Health, a rising star in the value-based care space, announced a significant double play today, acquiring leading actuarial firm Santa Barbara Actuaries and securing $10 million in Series A funding led by Transformation Capital. - This strategic move positions Arbital Health as a major player in accelerating the healthcare industry's transition to a more outcome-driven model. Building the Infrastructure for Value-Based Care Founded in November 2023 by
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Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

by Fred Pennic 01/04/2024 Leave a Comment

Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

What You Should Know: - Credo Health, a game-changer in value-based care technology, has secured $5.25M in Series Seed funding, led by FCA Venture Partners with strong participation from existing investors Hannah Grey VC, FirstMile Ventures, and SpringTime Ventures. This significant investment fuels Credo's mission to become the definitive platform for value-based care providers, empowering them to thrive in the evolving healthcare landscape. Bridging the Data Gap Credo Health's core
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Devoted Health Secures $175M to Expand Medicare Advantage Plans for Seniors

by Fred Pennic 01/02/2024 Leave a Comment

Devoted Health Secures $175M to Expand Medicare Advantage Plans for Seniors

What You Should Know: - Devoted Health, a leading provider of all-in-one healthcare for Medicare beneficiaries, has secured $175M in Series E funding, demonstrating continued investor confidence in its mission to revolutionize senior care. - The round was led by a lead syndicate composed of The Space Between (TSB), Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures. Also participating in the funding round were Socium Ventures, Emerson Collective, Andreessen
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UNP Scores $32M for AI-Powered Macrocycle Therapeutics

by Fred Pennic 12/19/2023 Leave a Comment

UNP Scores $32M for AI-Powered Macrocycle Therapeutics

What You Should Know: - Unnatural Products, Inc. (UNP), a biotech company harnessing the power of AI and chemistry to design the next generation of targeted therapeutics, has secured $32M in Series A funding. - Led by Merck Global Health Innovation Fund (MGHIF) and TechBio-focused ARTIS Ventures,  the funding will help propel UNP's innovative platform and expand its reach beyond oncology, tackling a wider range of medical challenges. Macrocycles: Nature's Key to Untapped Drug
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