What You Should Know:
- MedArrive, a Mobile-integrated care management platform company today announced $8M in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5M to date
- MedArrive plans to use the new investment to expand its payer relationships, build out its team and
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Biostage Raises $6M to Advance Clinical Trials
What You Should Know:
Biostage, Inc., a cell-therapy biotechnology company with successful first-in-human experience in treating esophageal cancer and FDA approval to commence a clinical trial of the Biostage Esophageal Implant raises $6M from new and existing investors in a private placement of its shares of common stock.The funds will be used to accelerate the clinical development of Biostage’s lead product candidate, the Biostage Esophageal Implant, or BEI. The FDA has approved a
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HeartFlow Raises $215M for AI-Powered Cardiac Test
What You Should Know:
- HeartFlow, Inc., a provider of precision heart care raises $215M in Series F funding round led by Bain Capital Life Sciences with participation from new investor Janus Henderson Investors, and existing investors including Baillie Gifford, Capricorn Investment Group, Hayfin Capital Management, HealthCor, Martis Capital, USVP and Wellington Management.
- HeartFlow’s non-invasive personalized cardiac test provides unprecedented visualization of each patient’s coronary
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Med Device AVS Raises Additional $8.8M for $28.8M Series B
What You Should Know:
- AVS, an early-stage medical device company focused on safely and effectively treating severely calcified arterial disease with its PIVL™ therapy, announced today that it closed an additional $8.8 million in new financing, bringing its Series B round to $28.8 million total.
- The funding will continue to support clinical trials for the company’s device for pulsatile intravascular lithotripsy (PIVL) in peripheral cases, while advancing preclinical work for an expanded
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Inato Raises $20M to Make Clinical Trials More Inclusive
What You Should Know:
- Inato, a technology platform that connects pharma companies (trial sponsors) with community-based trial sites raises $20M in new funding (A2) led by Cathay Innovation with participation from existing investor Obvious Ventures and new investors La Maison and Top Harvest Capital. Inato works with many of the top 30 pharmaceutical companies worldwide to make clinical trials more inclusive.
- The new funding will fuel Inato’s continued product innovation, international
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Zorro Launches with $11.5M to Revolutionize Employee Health Benefits
What You Should Know:
- Zorro, a digital health company optimizing the health benefits experience for employees, employers and brokers, announced its launch out of stealth with $11.5M seed funding round co-led by Pitango and 10D.
- The process of offering employee benefits is complicated, opaque and burdensome. For employers and brokers, offering benefits often results in unpredictable budgets, endless administration, and a distraction from the core business. For employees, health
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DW Healthcare Partners Closes $210M Fund to Invest in Healthcare Companies
What You Should Know:
- DW Healthcare Partners (“DWHP”), a healthcare-focused private equity firm, announced the closing of DW Healthcare Partners Small Cap, L.P. (“Founders Fund”), a $210M fund focused on lower middle market healthcare investments. This new fund brings DWHP’s total capital under management to USD $1.3 billion.
- The Founders Fund will invest in companies that are $3M to 6M EBITDA. The fund currently has two investments: TubeWriter and DermLite.
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Vital Secures $24.7M for AI-Driven Solutions for Hospitals, Health Systems
What You Should Know:
- Vital, an artificial intelligence (AI)-driven digital health company improving the patient experience, today announced that it has raised $24.7M in Series B funding to fuel expansion and support the rapid growth of its modern software. The investment round led by Transformation Capital, with support from Threshold Ventures, strategic health system investors and Vital CEO / Mint.com creator Aaron Patzer, brings Vital’s total funding to over
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Zus Health Raises $40M, Partners with Primary Care EHR Elation
What You Should Know:
- Zus Health, (pronounced "Zoose"), a next-generation shared health data platform bringing distributed patient data directly to the point of care, announced today that the company has closed a $40 million financing from JAZZ Venture Partners, F-Prime Capital, Maverick Ventures, and Andreessen Horowitz (a16z).
- Zus is the only shared health data platform designed to accelerate healthcare data interoperability by providing easy-to-use patient data at the
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Maribel Health Raises $25M to Create the Future of Advanced Care at Home
What You Should Know:
- Maribel Health, a turnkey partner for health systems looking to design, build, and operate a full continuum of advanced home and community services, announced today the completion of a $25 million Series A funding round led by General Catalyst.
- The new funding will be used to accelerate growth with Maribel's initial partners, to attract and onboard the talent required to serve its collaborators worldwide and to support continued
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