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

HLTH22: Curavit Raises $5M for Digital Therapeutics Clinical Research

by Fred Pennic 11/14/2022 Leave a Comment

Curavit Raises $5M for Digital Therapeutics Clinical Research

What You Should Know: - Curavit Clinical Research, a virtual contract research organization (VCRO) that specializes in decentralized clinical trials (DCTs) announced it raised $5M in Series A funding to accelerate its growing portfolio of research in the global digital therapeutics (DTx) market. The round was led by  Osage Venture Partners with additional investment from Royal Street Ventures and Narrow Gauge Ventures.  - The new funding will be used to expand
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AngelEye Health Raises Funding to Expand Patient Engagement Platform

by Fred Pennic 11/11/2022 Leave a Comment

AngelEye Health Raises Funding to Expand Patient Engagement Platform

What You Should Know: - AngelEye Health (“AngelEye” or the “Company”), a provider of patient and family engagement solutions for hospital neonatal, pediatric intensive care, and nursery units, announced the completion of its Series B funding, bringing the Company’s funding to date to approximately $20M. The Series B round was led by by Brad Whitmore and Mountain Group Partners (“MGP”), with participation from SeedtoB Capital and the Rash Family Office. - The Nashville, TN-based company
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Fathom Secures $46M for AI Medical Coding Automation Platform

by Fred Pennic 11/09/2022 Leave a Comment

Fathom Receives Strategic Investment for Medical Coding Automation Platform

What You Should Know: - Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led by Alkeon Capital and Lightspeed Venture Partners with participation from Vituity’s Inflect Health, Cedars-Sinai, ApolloMD, Jonathan Bush, and other healthcare executives. - The company plans to use the funding to advance the standard in automated medical coding in response to critical challenges facing providers. The Series B round brings Fathom’s total funding to
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Hemanext Raises $18M to Expand Blood Storage and & Transfusion Tech

by Jasmine Pennic 11/07/2022 Leave a Comment

Hemanext Raises $18M to Expand Blood Storage and & Transfusion Tech

What You Should Know: Hemanext, a Lexington, MA-based blood processing, storage, and transfusion technology company raises $18M in Series B funding from noted global private investors with deep finance and healthcare expertise. To date, the company has raised approximately $130M (inclusive of $8M in grant funding from the National Institutes of Health). RBC Processing and Storage System The company's research and development efforts center on the study of hypoxically stored red blood
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SEMCAP Launches Investment Strategy to Address Healthcare Market Opportunity

by Fred Pennic 11/04/2022 Leave a Comment

SEMCAP Launches Investment Strategy to Address Healthcare Market Opportunity

What You Should Know: - Growth equity investor SEMCAP is launching SEMCAP Health, its healthcare investment strategy to address the significant opportunities at this unprecedented time in the healthcare industry. - SEMCAP Health takes influential minority or majority positions in high-growth healthcare tech and tech-enabled services business. The most recent example is SEMCAP Health’s investment in
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Valera Health Secures $45M to Increase Mental Health Access for High Acuity Patients

by Fred Pennic 11/02/2022 Leave a Comment

Valera Health Secures $45M to Increase Mental Health Access for High Accuity Patients

What You Should Know: Valera Health, a virtual mental health provider serving high acuity patients raises $44.5M in growth equity raise led by Heritage Group. The round also included participation from Cigna Ventures, Horizon Healthcare Services and existing investors, which include Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures (BCBS AZ), Figure Eight Investments, Watershed VC, and Alsora Capital. Care that is comprehensive, inclusive, and
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Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions

by Jasmine Pennic 11/02/2022 Leave a Comment

Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions

What You Should Know: - Carta Healthcare, a pioneer in harnessing the power of clinical data, today announced it closed a $20 million series B round led by South Korean firm Paramark Ventures. Other contributors to the round include Memorial Care Innovation Fund (MCIF) and Frist Cressey Ventures, led by heart surgeon, incoming chair of The Nature Conservancy’s Board of Directors and former U.S. Senate Majority Leader Bill Frist.- Carta will use the
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MedCrypt Raises $25M for Medical Device Cybersecurity Platform

by Fred Pennic 11/01/2022 Leave a Comment

MedCrypt Raises $25M for Medical Device Cybersecurity Platform

What You Should Know: - Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.  - The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M. Rising Need for Medical Device Cybersecurity This round stems
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HealthJoy Raises $60M for Healthcare Navigation Platform to Reduce HR Burden

by Fred Pennic 10/27/2022 Leave a Comment

HealthJoy Raises $60M for Healthcare Navigation Platform to Reduce HR Burden

What You Should Know: - HealthJoy, a healthcare navigation platform that drives benefits satisfaction, improves care outcomes, improves employee satisfaction and reduces HR burden raises $60M in Series D funding led by Valspring Capital with participation from new investors Endeavour Vision and CIBC Innovation Banking. Existing investors US Venture Partners, GoHealth co-founders Brandon Cruz and Clint Jones, Health Velocity Capital, Nueterra Capital and Epic also participated
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Elion Raises $3M to Expand Digital Health Marketplace

by Fred Pennic 10/25/2022 Leave a Comment

Elion Raises $3M to Expand Digital Health Marketplace

What You Should Know: - Elion, a San Francisco-based independent digital health technology marketplace company, today announced it has raised $3.3M in seed funding from leading digital health investors NEA, Max Ventures, 8VC, AlleyCorp, Charge Ventures and Floating Point, with additional participation from a broad set of healthcare founders and angels. - In addition to the round of funding, Elion has released its beta product to the public. The company plans to use the funding to
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