What You Should Know:
Today, LRVHealth announced that it raised $200M in its fifth fund to accelerate its track record of driving transformational change in healthcare. In addition, the firm has expanded its team of healthcare operators and insiders to focus on a core investment strategy for this new fund that’s anchored around a central theme: Care Anywhere. The LRVHealth team has partnered with leading entrepreneurs and helped build many of the healthcare industry’s
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Adonis Secures $17M for Revenue Cycle Automation Platform
What You Should Know:
Adonis, an NYC-based revenue cycle intelligence and automation platform built for healthcare, today announced that it has raised $17.3M in Series A financing led by General Catalyst and existing investors Bling Capital, Max Ventures, and Homebrew. As part of the financing, Holly Maloney from General Catalyst will join the board of directors.Healthcare organizations on average are missing 10-15% of the revenue they expect to collect each year due to the operational
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Neura Health Raises $8M to Expand Virtual Neurology Clinic
What You Should Know:
Neura Health, a virtual neurology clinic, announced it has raised $8 million in seed funding to support its newly expanded go-to-market approach. With the funding, Neura will be able to move beyond the consumer market to bring the company’s neurology care offering to the enterprise sector, initially focusing on employers and health plans.Neura’s end-to-end solution offers those living with neurological conditions, starting with headaches and migraine, unlimited online
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Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare
What You Should Know:
Today, Hippocratic AI launched out of stealth to announce the first Large Language Model (LLM) designed specifically for healthcare, as well as a $50M seed round co-led by General Catalyst and Andreessen Horowitz.Co-founded by Munjal Shah and Meenesh Bhimani MD, Hippocratic AI is building the first LLM for healthcare, with an initial focus on non-diagnostic, patient-facing applications. It has outperformed existing language models (e.g. GPT-4) on 100+ healthcare tests
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Laguna Health Secures $15M for AI-Powered Contextual Care Management Platform
What You Should Know:
Laguna Health, a NYC-based AI-powered contextual care management platform raises $15M Series A funding co-led by SemperVirens and HC9 Ventures. The initial close brings Laguna’s total raise to date to over $21M.The company will use the funding to deepen its AI capabilities in the care management context and expand its go-to market.
Contextual Care Management, Powered by AI
35 million Americans are hospitalized annually, with at least two-thirds discharged to
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Pear Suite Raises $2.5M for SDoH-Driven Care Navigation Platform to Empower AAPI Communities
What You Should Know:
Pear Suite, a digital health company empowering community health workers (CHWs) to improve health in Asian American and Pacific Islander (AAPI) communities and address social determinants of health (SDOH) raises $2.5M in seed funding. The investment round was led by Mucker Capital, Impact Engine, American Heart Association, Sweater Ventures, and Atento Capital, with support from Techstars, Open Venture Capital, Incisive Ventures, Lair East Labs, StartUp Health, and
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Amino Health Secures $80M for Healthcare Guidance Platform
What You Should Know:
Amino Health, the leading digital healthcare guidance company, today announced $80 million in both equity and debt financing led by Transformation Capital and Oxford Finance LLC, respectively.In the face of declining digital health investment, this funding underscores the success of Amino Health's proven model and enables the company to scale its technology and continue its strong growth trajectory.
Funding to Lead to Broadening of Amino
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Lucem Health Secures $7.7M for Agnostic AI-Powered Platform
What You Should Know:
Lucem Health, a Mayo Clinic Platform portfolio company, has closed a Series A venture capital funding round of $7.7M led by Mayo Clinic, Granger Management and Mercy (St Louis).Lucem Health helps clinical AI innovators transform data science into innovative, trusted solutions that can detect diseases earlier and optimize care delivery, positively impacting patient lives, improving the physician and provider experience, and ultimately producing improved
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Aegis Ventures, Northwell Launch Optain for AI-Powered Retinal Imaging
What You Should Know:
Today Ascertain, the partnership between Aegis Ventures and Northwell Holdings, announced a $12M seed funding round to launch its first company, Optain, an artificial intelligence (AI) company leveraging retinal imaging to non-invasively assess patient health.With this $12 million investment, Optain is the first company launched by Ascertain, Aegis Ventures and Northwell Holdings’ partnership to develop healthcare AI companies at scale.
AI Retinal Imaging to
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Inbox Health Raises $22.5M for Patient Billing Communications Platform
What You Should Know:
Inbox Health, a New Haven, CT-based patient billing communications platform raises $22.5M in a Series B financing round, led by fintech-focused Ten Coves Capital. The Series B announcement follows news that Inbox Health's billing technology was awarded a patent by the U.S. Patent and Trademark Office in April 2023. The new growth capital will further accelerate Inbox Health’s strategic growth as it continues to improve and modernize the billing, support, and payment
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