What You Should Know:
Causaly, the leading AI platform for biomedical research raises $60M in Series B funding led by ICONIQ Growth, with participation from Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures and Visionaries Club. Strategic individuals also participated in the round, including Alex Gorsky (former Chairman and CEO of Johnson & Johnson) and Olivier Pomel (CEO and Co-Founder of Datadog). The investment brings the total funding raised to $93 million,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Affect Therapeutics Secures $16M to Expand App for Drug and Alcohol Addiction
What You Should Know:
Today, Affect Therapeutics - a McLean, VA-based company reimagining alcohol and drug addiction treatment with smartphone apps that put an integrated treatment program into the pocket of its members raises $16M in Series A funding led by ARTIS Ventures. The funding also included additional participation from previous investors AlleyCorp and CityLight, as well as new investments from LifeArc Ventures, Samsung Next, and What If Ventures. Founded in 2020, Affect
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Fold Health Lands $6M for Optimization Platform for VBC Primary Care
What You Should Know:
- Fold Health,a San Francisco, CA-based platform supporting value-based primary care raises $6M in funding from Iron Pillar and global angel investors.
- Fold partners with leading value-based primary care groups, ACOs, health systems, health plans and digital health companies, to 10x the reach and effectiveness of collaborative care teams in their mission to radically improve outcomes.
Supercharge Primary Care
Despite the rapid shift to value-based
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French FemTech Startup Sonio Raises $14M for Augmented Prenatal Ultrasounds
What You Should Know:
Sonio, a French medtech specializing in pregnant people and children's health raises $14M following the initial commitment of the EIC Fund (European Innovation Council) last December. This round is led by Cross Border Impact Ventures, a North American impact fund dedicated to the health of women and children, and the Elaia funds, French Tech Seed managed on behalf of the State by Bpifrance in the framework of France 2030, OneRagtime, as well as business angels very
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Verifiable Lands $27M to Automate Healthcare Provider Credentialing
What You Should Know:
Verifiable, an API-first innovator to the antiquated provider network management software category, has raised $27 million in Series B funding led by Craft Ventures to accelerate its next stage of growth and product innovation. Verifiable’s comprehensive suite of network management solutions and real-time verifications empowers healthcare organizations to expedite credentialing from multiple weeks to a matter of days. For customers, these efficiency gains can
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Digital Health Funding Reaches $6.1B in First Half of 2023
What You Should Know:
Digital health funding in H1 2023 shows fewer deals, lower check sizes, and a smaller cohort of sector investors, according to the latest Rock Health report. Founders, investors, and healthcare innovators are adjusting to the new status quo, with some startups pursuing unlabelled raises, seasoned investors looking for the next big startups, and companies making decisions to sunset their businesses while their assets may continue as acquisitions or relaunched
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Alfie Health Raises $2.1M for AI-Powered, Virtual Obesity Clinic
What You Should Know:
With 42 percent of Americans now struggling with obesity, doctors and their patients are looking for a sustainable approach to weight loss. Currently, prescription medications known as the GLP-1 class of anti-obesity medications (such as Ozempic, Wegovy, Mounjaro, etc.) are becoming extremely popular as a way to lose 10-15 percent of body weight on average. However, these drugs can come with significant issues and downsides.Now a new virtual clinic for patients with
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New AI ECG Algorithm Beats Standard Approaches for Detecting Heart Attacks
What You Should Know:
A new machine learning model uses electrocardiogram (ECG) readings to diagnose and classify heart attacks faster and more accurately than current approaches, according to a study led by University of Pittsburgh researchers that published today in Nature Medicine.The model was developed by co-author Ervin Sejdić, Ph.D., associate professor at The Edward S. Rogers Department of Electrical and Computer Engineering at the University of Toronto and the Research
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French Startup Gleamer Raises $29.4M for AI-Powered Medical Imaging
What You Should Know:
Gleamer, a Paris, France-based European manufacturer in AI-powered solutions for medical imaging raises €27M ($29.4M USD) in Series B funding led by Supernova Invest, co-led by Heal Capital and backed by Gleamer’s long-term partners XAnge, Elaia, Bpifrance via the funds Digital Venture and F3A from France 2030, MACSF, Crista Galli Ventures, and UI Investissement, as well as several European radiologists. Founded in 2017, Gleamer’s suite of AI-powered solutions
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Flywheel Secures $54M for Medical AI Imaging Platform
What You Should Know:
Flywheel, a Minneapolis-based medical imaging data and AI platform raises $54M in Series D funding, backed by tech giants including NVIDIA, Microsoft, and more.Flywheel helps organizations turn complex imaging data into analysis-ready datasets for accelerated research and AI development. Flywheel offers comprehensive solutions for pharma companies, providers, payers, system integrators, AI developers and academic medical centers to get optimum value out of
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