What You Should Know:
Today, Rev1 Ventures, the venture studio that helps entrepreneurs and corporations accelerate innovation, Nationwide Children’s Hospital, and The Ohio State University announce expanded support for life sciences companies with the launch of Rev1 Catalyst Fund III, a $30 million fund that delivers capital and strategic services for pre-seed, seed stage and early-stage healthcare innovators. Following the success of Rev1 Catalyst Fund II, Rev1
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access
What You Should Know:
- Summus, a New York City-based virtual health company focused on specialty care, has raised $19.5M in its latest funding round to support the company’s continued growth and work to tackle the access problem in healthcare.
- With a total of $70 million raised to date, Summus aims to expand its innovative approach to care, and this new investment will support the company in its efforts to revolutionize how patients and healthcare professionals share and access
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Sempre Health Secures $20M to Expand Behavior-Based Healthcare Pricing
What You Should Know:
- Sempre Health, a San Francisco, CA-based solution for behavior-based healthcare pricing raises $20M in additional funding from three new investors, including Cencora Ventures and Echo Health Ventures. Existing investors including the Blue Venture Fund, UPMC Enterprises and Industry Ventures also participated.
- Sempre will use the latest round of funding to accelerate growth of its two-sided network of pharma manufacturers and health plans, launch products for
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Bold Secures $17M to Expand Healthy Aging Platform with Medicare Plans
What You Should Know:
Bold, a Los Angeles-based healthy aging platform raises $17M in Series A funding led by Rethink Impact, with participation from Samsung Next and existing investors Andreessen Horowitz (a16z) Bio + Health, Khosla Ventures, GingerBread Capital, and Primetime Partners. The latest funding, bringing its total amount raised to $27M. The company plans to utilize the capital to support Bold's continued expansion with national and regional Medicare plans and provider
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Ibex Medical Analytics Raises $55M to Drive AI for Cancer Diagnosis Adoption Globally
What You Should Know:
– Ibex Medical Analytics (Ibex), a provider of AI-powered cancer diagnostics raises $55M in Series C financing round led by 83North.
- The round also included participation from Sienna Venture Capital and existing investors in the company, Octopus Ventures, aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital. The financing brings total funding to over $100M since Ibex’s inception in 2016.
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Pitango HealthTech Launches New $175M Venture Fund
What You Should Know:
Pitango HealthTech, Pitango VC's dedicated healthcare fund, today announced the launch of its second dedicated healthcare fund, Pitango HealthTech II.Pitango HealthTech II had its first closing of the new $175M fund dedicated to investing in entrepreneurs leveraging data science, AI, medical devices and novel biology at the forefront of the transformation of healthcare.
AI-Driven Technologies and Medical Devices at the Forefront of Healthcare
The $9 Trillion
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Concord Health Invests in NeuroFlow’s Behavioral Health SaaS Platform
What You Should Know:
- Concord Health Partners, a healthcare-focused investment firm, announced their investment in NeuroFlow, the market-leading behavioral health SaaS platform.
- NeuroFlow's platform combines AI-driven analytics, care collaboration enablement, and enterprise consumer-grade activation to reduce the risks of identifying, managing, and monitoring complex behavioral health and substance use populations.
- Concord's investment will provide NeuroFlow with capital to
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Integral Secures $6.9M to Expand Real-Time Compliance for Life Sciences
What You Should Know:
- Integral, an innovator in safeguarding privacy and maximizing data quality raises $6.9M in seed funding to protect sensitive health data and provide automated expert certification software that enables health and life sciences companies access to compliant, rich, de-identified data in hours, rather than months.
- The seed round was led by Haystack, The General Partnership, and Virtue Ventures, with additional support from Also Capital, Array Ventures,
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QuantHealth Secures $15M for AI-Powered Clinical Trial Design
What You Should Know:
- QuantHealth, an Israeli-based AI-powered clinical trial design startup raises $15M in a Series A funding round co-led by Bertelsmann Investments and Pitango HealthTech, with participation from existing investors Shoni Top Ventures and Nina Capital.
- The round also includes participation from previous investors including Boston Millennia Partners, Atooro Fund, and Renegade Ventures. The latest round of funding brings QuantHealth to $20M in funding to
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TapestryHealth Secures $25M Credit Investment
What You Should Know:
TapestryHealth, a multi-specialty healthcare company, announced a $25M credit investment from Catalio Capital Management, a leading multi-strategy investment firm focused on healthcare and life sciences.
The senior secured term loan provides TapestryHealth an initial draw of $10M at close, with an additional $15M available at the company’s option. The credit facility matures in July 2027.
- TapestryHealth will use the funds to continue its expansion into new
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