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

Rad AI Scores $50M to Empower Radiologists with Generative AI

by Fred Pennic 05/07/2024 Leave a Comment

Rad AI and Google Join Forces to Revolutionize Radiology Reporting with AI

What You Should Know:  - Rad AI, a leader in generative AI for healthcare, announced today it has raised $50M in Series B financing, bridging its total capital raised to over $80M.  - The round was led by Khosla Ventures, with participation from prominent investors including WiL (World Innovation Lab), ARTIS Ventures, OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). Revolutionizing Radiology Reporting Rad AI's solutions are already making
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Blackwell Security Raises $13M to Empower Healthcare Cybersecurity Operations

by Jasmine Pennic 05/07/2024 Leave a Comment

Blackwell Security Raises $13M to Empower Healthcare Cybersecurity Operations

What You Should:  - Blackwell Security, a leading provider of specialized cybersecurity solutions designed for the healthcare industry raises $13M in funding co-led by General Catalyst and Rally Ventures. - The funding will be strategically directed towards two key areas. Firstly, it will fuel the expansion of Blackwell's Managed Healthcare Extended Detection and Response (MHXDR) offering. This purpose-built solution addresses the unique complexities of healthcare data security and
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OptMyCare Secures $3M for AI-Driven Healthcare Risk Management

by Fred Pennic 05/07/2024 Leave a Comment

OptMyCare Secures $3M for AI-Driven Healthcare Risk Management

What You Should Know:  - OptMyCare™, a provider of clinically engineered AI solutions for healthcare risk management, announced it has secured $3M in Series A funding.  - The investment, led by Austin-based venture capital firm LiveOak Ventures, brings OptMyCare's total funding to $4.5M. AI-powered Risk Stratification for Improved Outcomes OptMyCare™ offers a unique cloud-based SaaS platform that leverages the power of AI: Precision Analytics and Actionable Insights: The
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Opmed.ai Secures $15M to Bring AI Optimization to Healthcare Operations

by Syed Hamza Sohail 05/06/2024 Leave a Comment

Opmed.ai Secures $15M to Bring AI Optimization to Healthcare Operations

What You Should Know: -              Opmed.ai, the AI optimization platform for healthcare, announced today the successful raise of $15M in series A funding. -              The round was co-led by NFX and Grove Ventures, with Secret Chord Ventures, the Impact investor Sir Ronald Cohen, and Unbox Ventures also
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Transcarent Secures $126M to Expand Employer-Sponsored Healthcare

by Fred Pennic 05/02/2024 Leave a Comment

Transcarent Secures $126M to Revolutionize Employer-Sponsored Healthcare

What You Should Know: - Transcarent, a platform simplifying health and care for employers and individuals, secures $126 million in a Series D funding round led by General Catalyst and 7wireVentures.  - The latest funding brings Transcarent's total funding to approximately $450M at a valuation of $2.2B. A One-Stop Solution for Employer-Sponsored Healthcare Transcarent's industry-leading platform streamlines healthcare access for both employers and employees. It is the only
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Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

by Fred Pennic 05/02/2024 Leave a Comment

Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

What You Should Know: -  Karius®, a leader in genomic diagnostics for infectious disease, announced today the closing of a $100 million Series C funding round.  - Co-led by Khosla Ventures and newcomers 5AM Ventures and Gilde Healthcare, the funding round also saw participation from existing investors like Softbank Vision Fund 2 and General Catalyst.   - This significant investment fuels Karius' mission to revolutionize infectious disease diagnosis by expanding
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Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions

by Fred Pennic 05/02/2024 Leave a Comment

Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions

What You Should Know:  - Livara Health, a leading provider of value-based musculoskeletal (MSK) management solutions, raises $15M in Series B funding led by A1 Health Ventures.  - Existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor also participated in the round. Livara Health: A Leader in Value-Based MSK Care Livara Health (formerly SpineZone) offers a comprehensive value-based MSK management solution. Through a
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Trovo Health Launches with $15M for AI-Powered Intelligent Assistants

by Fred Pennic 05/01/2024 Leave a Comment

Trovo Health Launches with $15M for AI-Powered Intelligent Assistants

What You Should Know:  - Trovo Health, a groundbreaking healthcare technology company, announced today its official launch and a $15 million Series A funding round led by Oak HC/FT.  - Trovo's mission is to revolutionize patient care by equipping providers with an AI-powered platform backed by a multidisciplinary care team. Empowering Providers to Deliver Exceptional Care Trovo's innovative platform addresses a critical need in healthcare: empowering physicians and other
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Vitestro Secures $22M for Autonomous Blood Draw Device

by Syed Hamza Sohail 04/30/2024 Leave a Comment

Vitestro Secures $22M for Autonomous Blood Draw Device

What You Should Know: -       Vitestro, the pioneering autonomous blood drawing company, today announced that it has raised $22 million (€20 million) funding to accelerate commercialization of its innovative robotic blood drawing device. -       This brings its total funding raised to $50 million (€46 million) from both equity investments and grant funding. Vitestro Secures Oversubscribed Funding Round to Drive European
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FemTech: Midi Health Secures $60M to Expand Virtual Clinic for Perimenopause and Menopause

by Jasmine Pennic 04/26/2024 Leave a Comment

FemTech: Midi Health Secures $60M to Expand Virtual Clinic for Perimenopause and Menopause

What You Should Know:  - Midi Health, a virtual clinic for women experiencing perimenopause and menopause, has secured $60M in Series B funding led by Emerson Collective, bringing Midi Health's total funding to $100M. - The investment highlights a growing national focus on women's health, particularly during midlife transitions. With over 1.2 billion women globally entering perimenopause or menopause by 2030, and 85% experiencing symptoms that can significantly impact their lives, the
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