Sense.ly, a virtual nurse platform for patient engagement and chronic disease monitoring has raised $2.2 million in a Series A round of funding, with investors including Launchpad Digital Health, Fenox Venture Capital, and TA Ventures. The company will utilize the capital raised to launch new markets, expand its support of its global customer base, and drive enhancements to its award-winning product, particularly in artificial intelligence and machine learning.
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Doximity, Society of Hospital Medicine Partner to Better Connect Hospitalists
Doximity, an online medical network with over half of all US doctors as members, and the Society of Hospital Medicine (SHM), the medical society representing the fastest growing specialty in healthcare, announced today a partnership to better serve the population of US hospitalists. By combining their clinical and digital strengths, SHM and Doximity will provide hospitalists better tools to collaborate and care for their patients.
Hospitalists are in the unique position of coordinating
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Hill-Rom to Acquire Welch Allyn for $2.05B
Hill-Rom, a provider of hospital equipment, medical devices and surgical products, will acquire Welch Allyn for approximately $2.05 billion in cash and stock. Under the terms of the agreement, Welch Allyn shareholders will receive $1.625 billion in cash and approximately 8.1 million newly-issued shares of Hill-Rom common stock. After the acquisition is closed, which is slated before the end of September 2015, Welch Allyn shareholders will own approximately 13 percent of the combined
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Doctor on Demand Raises $50M for Telehealth Video Visits
Doctor On Demand has closed a $50 million round of Series B financing to fuel the rapid expansion of its telehealth video visits platform. The round was led by Tenaya Capital along with investors Qualcomm Ventures, Dignity Health, and 23andMe CEO Anne Wojcicki. Existing investors, Venrock, Shasta Ventures, and Sir Richard Branson also participated in the round. To date, Doctor On Demand has now raised more than $74 million in total funding.
Available on iPhone, iPad,Android and desktop,
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Tute Genomics Raises $3.9M to Enable Genome-guided Medicine
Tute Genomics, a cloud-based platform that can rapidly analyze and annotate personal genomes has raised over $3.9 million in Series A funding from a strategic group of investors, including internationally recognized Intermountain Healthcare, an integrated network of 22 hospitals and 185 physician clinics. Other major investors include Healthbox, a platform for innovation and entrepreneurship in healthcare, and China-based Tencent, one of the largest Internet companies in the world.
Tute
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Mostashari’s Startup Aledade Raises $30M to Fuel Value-Based Care
Dr. Farzad Mostashari's digital health startup Aledade announced it has raised a $30 million Series B funding round to fuel the company’s work to partner with independent primary care physicians and create accountable care organizations (ACOs). The funding round was led by ARCH Venture Partners, and includes an additional investment from Series A investor Venrock.
The additional funding will help establish:
- new Accountable Care Organizations (ACOs) and expand existing ones and expand
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Seed Accelerator Health Wildcatters Startups Raise $10M
Health Wildcatters, a Dallas-based mentorship-driven healthcare seed accelerator, announced cumulative fundraising results from its two startup classes today, reporting that the 22 companies collectively raised more than $10 million in the two years since the program began.
The announcement comes just ahead of the June 15 deadline for startups to apply to the 2015 accelerator program and become a part of Health Wildcatters’ third startup class. Last month Health Wildcatters announced results
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AbilTo Raises $12M for Evidence-based Behavior Change Programs
AbilTo, Inc., a provider of evidence-based behavioral change programs proven to improve medical health and lower cost for high-cost medical populations has closed a $12 million Series C round of financing. The round was led by HLM Venture Partners (HLM) and Yumin Choi, Partner along with previous investors BlueCross BlueShield Venture Partners, .406 Ventures and Sandbox Industries. The New-York based digital health startup will utilize the capital to fuel the deployment of engagement, care
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Medsphere Closes $7.5M Venture Loan to Expand Open EHR
Medsphere, a provider of affordable and interoperable EHR solutions, has closed a $7.5 million venture loan from Horizon Technology Finance Corporation, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies. The venture debt will use the funds for working capital purposes to grow their customer base and expand product offerings. Unlike traditional bank lending, venture debt is defined as a form of debt financing for venture
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Former Facebook CFO Launches Digital Health Company Lyra Health
Former Facebook and Genentech CFO David Ebersman along with experienced group of tech leaders, clinicians, data scientists, and health care policy experts has announced the launch of a new new behavioral digital health startup called Lyra Health. Backed by venture capital firm Venrock, Lyra Health will have a singular focus on transforming behavioral health, enabling more patients to get the care they need, when they need it.
Approximately 50 million Americans suffer from behavioral health
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