What You Should Know:
- Courier Health, a technology company transforming patient experiences in the life sciences industry raises $16.5M in Series A funding led by Norwest Venture Partners with participation from existing investor Work-Bench.
- The investment fuels Courier Health's mission to provide biopharma companies with the tools to manage and personalize the patient journey for life-altering therapies.
Addressing the Rise of Specialty Medicines
The landscape of
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Digital Health Funding Surges TO $5.7B in Early 2024 Despite Market Jitters, Rock Health Reports
What You Should Know:
- The digital health industry is showing signs of strength despite recent economic uncertainties, according to Rock Health’s latest H1 report.
- U.S. digital health startups raised a significant amount in the first half of 2024 ($5.7B), with the potential to exceed full-year totals from 2019 and 2023. This growth is fueled by strong Series A activity, with a median deal size of $15M, indicating larger investments for early-stage companies.
Here's a breakdown
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Hummingbird Healthcare Secures $10M to Streamline Patient Access, Create Jobs
What You Should Know:
- Hummingbird Healthcare Inc., a tech-driven healthcare services company raises $10M in Series A funding led by UCHealth, a leading Colorado-based health system and existing investor. The round also included participation from CU Healthcare Innovation Fund, 8VC, and Gaingels.
- With this new funding, Hummingbird is poised to expand its reach and empower healthcare providers to deliver exceptional patient experiences.
Focus on Patient Access and Operational
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Prescribe FIT Scores $4.8M to Expand Remote Patient Monitoring for Orthopedic Care
What You Should Know:
- Prescribe FIT, a leader in remote patient monitoring (RPM) and virtual lifestyle coaching for musculoskeletal health secures $4.8M in Series A funding. The funding round includes investments from prominent figures in the healthcare and business sectors, including Jim Grote, Tamarind Hill, JobsOhio Growth Capital, seasoned executives, and orthopedic surgeons.
- The investment will fuel the company's mission to improve patient outcomes and well-being
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K Health Secures $50M for AI Primary Care Platform
What You Should Know:
- K Health, a leader in AI-driven primary care raises $50M in funding led by Claure Group with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP.
- With this new funding, K Health is poised to further scale its AI platform and expand its reach. The company's innovative approach has the potential to transform the primary
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ONWARD Medical Secures $56.6M Loan to Advance Spinal Cord Stimulation Therapies
What You Should Know:
- ONWARD Medical N.V. (Euronext: ONWD), a leading medical technology company specializing in innovative spinal cord stimulation therapies, announced the signing of a loan agreement of up to €52.5M ($56.6M) with Runway Growth Capital LLC, a U.S.-based lender.
- This strategic partnership will provide vital funding for the company's continued growth and advancement of life-changing SCS therapies for people with spinal cord injury (SCI).
- ONWARD Medical is a
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VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial
What You Should Know:
- VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads.
- VenoStent also welcomes Dr. Zack Scott, Norwest General Partner, and Dr. Ehi Akhirome, Norwest Investor, to its board of
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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare
What You Should Know:
- Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus.
- Sidecar Health's $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-sponsored health
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Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care
What You Should Know:
- Form Health, the leading provider of science-based obesity care in the United States raised $38M in Series B funding led by Sound Ventures, the round also included participation from M13, SignalFire, and Next View Ventures.
- By combining science-based treatment plans with a convenient telehealth platform and a focus on building a team of top specialists, Form Health aims to make effective and personalized weight loss solutions accessible to a wider
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CipherHealth Secures Investment from Atalaya Capital Management
What You Should Know:
- CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth's ongoing growth and expansion efforts.
- CipherHealth's solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive the information they need, when they need it, ultimately leading to
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