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

Avandra Launches with $17.75M to Create Largest Federated Network for De-Identified Medical Image Data

by Syed Hamza Sohail 02/18/2025 Leave a Comment

Avandra Launches with $17.75M to Create Largest Federated Network for De-Identified Medical Image Data

What You Should Know: -  Avandra, the world’s largest federated network for medical imaging and clinical data, today announced it has raised $17.75 million to accelerate the use of imaging-centric data for research and patient care. -  The company was co-founded by Aegis Ventures along with Founder and CEO Ryan Tarzy.  Avandra Advances Medical Imaging Research with Federated Data Network and Strategic Investments Avandra is building the largest federated network for de-identified
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Vitalchat Secures $6M to Expand AI-Powered Virtual Care Solutions

by Fred Pennic 02/18/2025 Leave a Comment

Vitalchat Secures $6M to Expand AI-Powered Virtual Care Solutions

What You Should Know:  - Vitalchat, a provider of AI-powered ambient solutions for in-patient virtual nursing and procedural telehealth raises $6M in Series A funding led by Green Harvest Capital Industries (GHC Industries), with participation from other investors. - The funding will enable Vitalchat to accelerate its mission of transforming inpatient telehealth and virtual nursing by expanding its scalable, cost-effective solutions that address the growing demand for remote care
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Abridge Raises $250M to Advance AI-Powered Clinical Documentation

by Fred Pennic 02/17/2025 Leave a Comment

Abridge Raises $250M to Advance AI-Powered Clinical Documentation

What You Should Know:  - Abridge, a provider of generative AI solutions for healthcare, today announced a $250M Series D funding round, bringing its total capital raised to over $425M.  - The investment, co-led by Elad Gil and IVP, comes as Abridge surpasses 100 deployments at major health systems across the United States. Addressing Challenges in Clinical Documentation Incomplete clinical notes are a major challenge for healthcare systems, leading to delays in billing,
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VoiceCare AI Launches with $3.85M to Automate Healthcare Back Office with AI-Powered Voice Agent “Joy”

by Fred Pennic 02/14/2025 Leave a Comment

VoiceCare AI Launches with $3.85M to Automate Healthcare Back Office with AI-Powered Voice Agent "Joy"

What You Should Know:  - VoiceCare AI, a healthcare technology company specializing in generative AI solutions emerges from stealth with a $3.85M seed funding round led by Caduceus Capital Partners, with participation from Bread and Butter Ventures.  - The funding will support the company's mission to automate back-office conversations in healthcare, freeing up administrative staff and improving operational efficiency. AI-Powered Voice Agent "Joy" to Streamline Back-Office
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Prenuvo Raises $120M to Expand Whole-Body MRI Screening

by Fred Pennic 02/13/2025 Leave a Comment

Prenuvo Raises $120M to Expand Whole-Body MRI Screening

What You Should Know:  - Prenuvo, a provider of proactive whole-body MRI screening raises $120M in Series B funding round co-led by Forerunner Ventures, Left Lane Capital, and existing investor Felicis.  - The company has already achieved impressive growth, surpassing 110,000 members and providing over 1.4 million personalized health insights. This success is driven by Prenuvo's commitment to early detection and its innovative approach to whole-body MRI screening, which provides
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Fay Secures $50M to Expand Access to Digital Nutritional Therapy

by Fred Pennic 02/13/2025 Leave a Comment

Fay Secures $50M to Expand Access to Digital Nutritional Therapy

What You Should Know:  - Fay, a provider of digital nutritional therapy announced a $50M Series B funding round led by Goldman Sachs, valuing the company at $500 million.  - Existing investors General Catalyst and Forerunner also participated in the round, bringing Fay's total funding to $75M. Personalized Nutrition and Lifestyle Counseling Fay's mission is to revolutionize how people think and feel about food by connecting them with insurance-covered Registered Dietitians
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Harrison.ai Secures $112M to Expand AI-Powered Medical Diagnostics

by Fred Pennic 02/11/2025 Leave a Comment

Harrison.ai Secures $112M to Expand AI-Powered Medical Diagnostics

What You Should Know:  - Harrison.ai, a global healthtech company, today announced the completion of a $112M in Series C funding round co-led by Aware Super, ECP, and existing investor Horizons Ventures. New investors, including Australia's National Reconstruction Fund Corporation (NRFC), Ord Minnett, and Wollemi Capital Group, also participated, along with existing investors Blackbird Ventures and Alpha JWC Ventures. This brings Harrison.ai's total capital raised to date to over
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Epicore Biosystems Raises $26M to Advance Sweat-Sensing Wearables

by Fred Pennic 02/10/2025 Leave a Comment

Epicore Biosystems Raises $26M to Advance Sweat-Sensing Wearables

What You Should Know:  - Epicore Biosystems, an innovator in sweat-sensing wearables, today announced a $26M in Series B funding round led by the Steele Foundation for Hope (SFFH).  - The investment will accelerate the global adoption of Epicore's personalized hydration and cloud analytics platform and support the company's expansion into new health applications, including kidney health, women's health, malnutrition, and environmental toxin exposure. Sweat-Sensing
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HelloHero Secures Funding to Expand Access to Mental Healthcare

by Jasmine Pennic 02/10/2025 Leave a Comment

HelloHero Secures Funding to Expand Access to Mental Healthcare

What You Should Know:  - HelloHero, a provider of technology-enabled mental health and behavioral care solutions, today announced a multi-million dollar investment from Decathlon Capital Partners.  - HelloHero will repay its investment through future revenues, thanks to a flexible funding package from Decathlon Capital Partners. This non-dilutive funding model allows the company to retain full control and ownership while fueling its growth and expansion. Addressing the Growing
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German Startup Avelios Medical Raises $31.1M for Hospital Information Systems Platform

by Syed Hamza Sohail 02/07/2025 Leave a Comment

German Startup Avelios Medical Raises $31.1M for Hospital Information Systems Platform

What You Should Know: -       Avelios Medical, provider of a modern hospital information system (HIS), has raised €30 million (USD 31.M) in Series A funding led by Sequoia Capital alongside existing investors Revent & HTGF. -       With this funding, Avelios accelerates its mission to become the leading operating system for intelligent patient care. Avelios Medical: Revolutionizing Hospital Information Systems with
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