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

Alamar Biosciences Raises $128M to Accelerate Proteomics Platform

by Fred Pennic 02/26/2024 Leave a Comment

Alamar Biosciences Raises $128M in to Accelerate Proteomics Platform

What You Should Know: - Alamar Biosciences, a leader in precision proteomics for early disease detection raises $100M in Series C round, with an additional $28M expected within the next 30 days. This brings their total funding to nearly $250M. - The Series C funding round was led by led by Sands Capital, with participation from new and existing investors, including both financial and strategic partners. Ian Ratcliffe, Executive Managing Partner at Sands Capital, has joined Alamar's Board
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Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System

by Fred Pennic 02/23/2024 Leave a Comment

Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System

What You Should Know: - Abridge, the leading force in generative AI for clinical documentation, announced today a staggering $150 million Series C funding round led by Lightspeed Venture Partners. The funding also includes participation from new and existing investors like Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and
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Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

by Fred Pennic 02/22/2024 Leave a Comment

Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

What You Should Know: - Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M. - This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions. Optimizing Care Delivery and Reducing
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Reprieve Cardiovascular Nabs $42M to Expand Intelligent Fluid Management for Heart Failure

by Jasmine Pennic 02/22/2024 Leave a Comment

Reprieve Cardiovascular Nabs $42M to Expand Intelligent Fluid Management for Heart Failure

What You Should Know: - Reprieve Cardiovascular, a pioneer in personalized fluid management for acute decompensated heart failure (ADHF) emerges from stealth launching with $42M in Series A financing round. - The Series A round was co-led by Lightstone Ventures and Sante Ventures with participation from Deerfield Management, Genesis Capital, and Arboretum Ventures, will fuel the company's clinical development programs and accelerate its mission to improve patient outcomes and reduce
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

by Fred Pennic 02/21/2024 Leave a Comment

Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

What You Should Know: - Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors. - The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians. Addressing Crisis-Level Clinician Burnout With provider burnout at
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HealthSnap Secures $25M to Expand Remote Patient Monitoring and Chronic Care Management Solutions

by Fred Pennic 02/21/2024 Leave a Comment

HealthSnap Secures $25M to Expand Remote Patient Monitoring and Chronic Care Management Solutions

What You Should Know: - HealthSnap, a leading provider of remote patient monitoring (RPM) and chronic care management (CCM) solutions, announced today the closing of a $25M Series B funding round by Sands Capital, with participation from new investors Comcast Ventures, Acronym Venture Capital, and Florida Opportunity Fund. - This latest funding round brings the company's total funding to $48.5M and positions it for continued growth and innovation in the rapidly expanding RPM and CCM
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Power Secures $11.9M to Democratize Clinical Trials

by Jasmine Pennic 02/21/2024 Leave a Comment

Power Secures $11.9M to Democratize Clinical Trials

What You Should Know: - Power, the company transforming the traditional clinical trial landscape, announced today the close of their $11.9M Series A funding round led by Kin, Contrary, and Footwork. - The strategic funding fuels Power's mission to democratize access to clinical trials and diversify the pool of participants, ultimately accelerating life-saving medical research. Revolutionizing Clinical Trial Participation Founded in 2021 by Brandon Li and Michael Gill, Power
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UnityAI Secures $4M for AI-Powered Patient Flow Optimization

by Fred Pennic 02/21/2024 Leave a Comment

UnityAI Secures $4M for AI-Powered Patient Flow Optimization

What You Should Know: - UnityAI, a healthcare technology startup, announced today the successful closure of its seed funding round, raising $4M led by Max Ventures, with participation from Whistler Capital Partners, Nashville Capital Network, Company Ventures, and individual healthcare angels.  - The funding fuels the company's mission to transform hospital operations through AI-powered patient flow optimization. Founded by Healthcare Experts, Focused on Patient Care UnityAI is
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Authenticx Unveils Generative AI Solution for Customer Insights

by Jasmine Pennic 02/20/2024 Leave a Comment

Authenticx Unveils Generative AI Solution for Customer Insights

What You Should Know: - Authenticx, the leading platform for analyzing healthcare customer conversations, has unveiled a groundbreaking generative AI (GenAI) solution. - By leveraging Authenticx’s GenAI solution, healthcare organizations can gain a deeper understanding of their patients' needs, improve communication, and ultimately deliver a more positive and effective experience. Harnessing the Power of Customer Conversations Authenticx's AI platform already excels at structuring,
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Siftwell Analytics Secures $5.8M for AI-Powered Community Health Plan Analytics

by Fred Pennic 02/20/2024 Leave a Comment

Siftwell Analytics Secures $5.8M for AI-Powered Community Health Plan Analytics

What You Should Know: - Siftwell Analytics, a healthcare technology company founded by industry veterans, announced today the successful closing of its seed funding round totaling $5.8M. - This significant investment, led by AlleyCorp, Arkin Digital Health, Tau Ventures, and The Charlotte Fund, underscores the growing demand for Siftwell's innovative approach to population health management. Empowering Community-Oriented Organizations with Explainable AI Co-founded in 2022 by Trey
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