What You Should Know:
- Faro Health, a cloud-computing company that is developing digital infrastructure for smart clinical trials raises $20M in Series A funding led by General Catalyst to help scale the digital transformation of clinical trials––essentially making it easier and quicker for drug developers to greatly reduce the cost and time of trials.
- The round also included participation from previous investors Section 32, Polaris Partners, Zetta Ventures, and Northpond Ventures.
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Ushur Lands $50M for Customer Experience Automation Platform
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What You Should Know:
- Ushur, the leader in AI-powered Customer Experience Automation™ (CXA), has raised a $50M Series C funding round led by Third Point Ventures with participation from existing investors Iron Pillar, 8VC, Aflac Ventures and Pentland Ventures.
The company plans to use the funding to expand Ushur’s experience automation portfolio, developing new innovations in AI and moving into new regions and industry verticals.
Healthcare Automation
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ShiftMed Raises $200M to Expand Nurse Staffing Marketplace
What You Should Know:
- Today ShiftMed, one of the largest W-2 healthcare workforce management platforms, announced $200M in funding led by Panoramic Ventures with participation from Blue Heron Capital and Audacious Capital.
- ShiftMed plans to use the latest round of funding to help solve healthcare workforce issues across a variety of care settings, with an emphasis on expanding into health systems.
Flexible Solution for Staffing Shortage
Historically, traditional
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Simple HealthKit Raises $8M to Transform Health Diagnostics and Follow-Up Care
What You Should Know:
- Simple HealthKit raises $8M in Series A funding led by Initialized Capital to address health inequity with the first human-centric, end-to-end healthcare platform that builds and delivers diagnostics, treatment and follow-up care for all
- The Series A round also included participation from seed investors Kleiner Perkins, Kapor Capital and Quest Venture Partners, bringing Simple HealthKit’s total funding to date to $12M.
End-to-End Diagnostics and Digital Health
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Aluna Raises $15.3M for Lung Health Management Platform
What You Should Know:
- Aluna, the award-winning lung health management platform, recently announced it has completed a $15.3 million Series B round of financing to continue growing its solution among doctors and patients managing asthma, cystic fibrosis and COPD.
- Aluna’s AI-enabled respiratory management platform allows patients to transmit data to their doctor by blowing into their innovative spirometer daily. The patient-facing app gives patients an easy way to collect symptoms,
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Disclo Raises $5M for Health Disclosures & Accommodation Management Platform
What You Should Know:
Today, Disclo announced a $5M seed round led by General Catalyst to help employers maintain compliance by tracking, managing, and reporting on health disclosure + accommodation requests in the workplace.
- Disclo acts as a third-party verifier, authenticating that a disability is legitimate and that the appropriate accommodation is required, eliminating some of the tension inherent in the process of asking for accommodations. Additionally, their HIPAA- and
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Smile Digital Health Closes $30M to Expand Health Data Fabric Platform
What You Should Know:
- Smile CDR Inc. (doing business as Smile Digital Health) ("Smile"), a FHIR® health data fabric (HDF) and exchange solutions provider raises $30M in Series B growth capital led by existing investors including UPMC Enterprises.
- Founded in 2016, Smile's HDF platform uses industry-leading HDF architecture and ONC-compliant, event-driven FHIR APIs to allow healthcare providers, payers and IT vendors to build secure,
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Paradigm Launches with $203M to Improve Clinical Research Access
What You Should Know:
- Paradigm, a healthcare technology company focused on improving access to clinical research for patients, launched with $203 million in Series A funding.
- Conceived by ARCH Venture Partners, and co-incubated by ARCH and General Catalyst, Paradigm is rebuilding the clinical research ecosystem by creating a technology-forward clinical trial platform that enables equitable access for all patients by enhancing trial efficiency and reducing the barriers to participation
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Pearl Health Raises $75M to Expand Value-Based Care Innovation
What You Should Know:
- Pearl Health, a leading technology company focused on physician enablement and risk-bearing in value-based care, today announced that it has raised $75M in its oversubscribed Series B funding round, led by Andreessen Horowitz’s Growth Fund and Viking Global Investors, with participation by AlleyCorp, SV Angel’s Growth Fund, and other leading investors. This round brings Pearl’s total funding to date to more than $80M.
Value-Based Care Innovation for
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Mighty Health Raises $7.6M for Daily Health Program for Medicare-Aged Adults
What You Should Know:
Mighty Health, the first all-in-one daily health program designed for adults ages 50 and up, today announced $7.6M in new financing co-led by Will Ventures and GFT Ventures.
- Mighty Health has built the modern home for healthy living for 50 on up, offering aging adults access to personalized and holistic health guidance through joint-friendly workouts, chronic condition-specific programs, custom nutrition plans, and 1-on-1 health coaching.
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