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

Lynx Secures $27M Series A to Simplify Healthcare Payments and Administration

by Syed Hamza Sohail 02/06/2025 Leave a Comment

Lynx Closes $27 Million Oversubscribed Series A, Aims to Revolutionize Healthcare Payments and Administration

What You Should Know: - Lynx, a leading fintech platform simplifying healthcare payments and administration, today announced the close of an oversubscribed $27 million Series A funding round, bringing its total funding to over $44 million since its inception in 2022. - The round was led by Flare Capital Partners, with participation from CVS Health Ventures, McKesson Ventures, and existing investors .406 Ventures, Obvious Ventures, and Frist Cressey
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Little Otter Secures $9.5M for Digital Whole-Family Mental Health

by Syed Hamza Sohail 02/06/2025 Leave a Comment

Little Otter’s Strategic Funding Round (Medicaid, AI Innovation + Brand Refresh)

What You Should Know: - Little Otter, a trailblazer in digital whole-family mental health care, has raised $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner's Fiore Ventures. - This investment brings total funding to-date to $36.35 million, and cements Little Otter’s position as a defining leader in the rapidly growing billion-dollar
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Miist Therapeutics Raises $7M to Develop Inhaled Medicines with Physics-Based Approach

by Jasmine Pennic 02/05/2025 Leave a Comment

Miist Therapeutics Raises $7M to Develop Inhaled Medicine with Physics-Based Approach

What You Should Know:  - Miist Therapeutics, a pioneering company developing inhaled medicines with a focus on rapid drug delivery raises $7M ina seed funding round led by Refactor Capital with participation from 1517 Fund, Freeflow Ventures, and others,  - The investment will accelerate the development of Miist's innovative therapies for smoking addiction and migraine. Fast-Acting Therapies for Smoking Addiction and Migraine Miist's therapies address a significant unmet
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Affineon Health Raises $5M for AI-Powered Physician Inbox Management

by Syed Hamza Sohail 02/05/2025 Leave a Comment

Affineon Health Raises $5M for AI-Powered Physician Inbox Management

What You Should Know: -  Affineon Health, a leader in AI-powered solutions to streamline the inbox for healthcare physicians and providers, today announced successfully closing a $5 million oversubscribed funding round.  -  GPG Ventures led the seed round with participation from existing investor, AI Fund, and several other new investors.The funding enables Affineon to accelerate product development, expand its fast-growing market presence, and deepen its impact on one of healthcare’s most
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SimpliFed Raises $4M to Expand Virtual Maternal Healthcare Platform

by Jasmine Pennic 02/04/2025 Leave a Comment

SimpliFed Raises $4M to Expand Virtual Maternal Healthcare Platform

What You Should Know:  - SimpliFed, a provider of virtual maternal healthcare, today announced a $4M funding round led by Morningside.  - The investment will support the company's expansion from a point solution focused on baby feeding to a comprehensive maternal care technology platform powered by its newly updated Maternal Health Operating System (mOS). Improved Maternal Health Outcomes SimpliFed partners with over 300 health systems, independent practices, and health
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Zest Health Raises $13M to Transform Inflammatory Skin Disease Care with Virtual, Value-Based Approach

by Fred Pennic 02/03/2025 Leave a Comment

Zest Health Raises $13M to Transform Inflammatory Skin Disease Care with Virtual, Value-Based Approach

What You Should Know:  - Zest Health, a leading innovator in virtual dermatology care, today announced a $13 million seed funding round led by Roivant Health.  - The company's AI-powered platform provides personalized care for patients with inflammatory skin diseases like eczema and psoriasis, reducing unnecessary medication use and improving clinical outcomes. The investment will support Zest Health's expansion and enable the company to scale its partnerships with health plans
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Medsender Raises $5M for AI-Powered Workflow Automation Platform

by Syed Hamza Sohail 01/31/2025 Leave a Comment

Medsender Raises $5 for AI-Powered Workflow Automation Platform

What You Should Know: -  Medsender, the AI-powered workflow automation platform for healthcare providers, is pleased to announce a recent $5 million Series A investment led by Ballast Point Ventures. -  Medsender will use the investment to bolster its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients. Medsender: AI-Powered Workflow Automation for Healthcare Medsender is an advanced workflow automation platform
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Rad AI Secures $60M for Generative AI Solutions for Radiology

by Syed Hamza Sohail 01/30/2025

Rad AI Secures $60M for Generative AI Solutions for Radiology

What You Should Know: -  Rad AI, one of the fastest-growing healthcare AI companies and the first to develop a large language model in healthcare, today announced a $60M Series C. The oversubscribed round was led by Transformation Capital, with participation from existing Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others.  - This raise comes seven months after their $50M Series B. Rad AI: Advancing Radiology with Generative AI Rad AI
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KODE Health Raises $27M for On-Demand Medical Coding Platform

by Fred Pennic 01/30/2025 Leave a Comment

KODE Health Raises $27M for On-Demand Medical Coding Platform

What You Should Know:  - KODE Health, a leading provider of on-demand medical coding solutions, today announced a $27M in Series B funding round led by Noro-Moseley Partners with participation from Mercury, FCA Venture Partners, Epsilon Innovation Fund, and 111 West Capital. - The funding will fuel the company's mission to transform medical coding through its innovative platform that connects healthcare systems with certified coding professionals and leverages AI to optimize
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C the Signs Raises $8M to Expand AI-Powered Cancer Detection to the U.S.

by Fred Pennic 01/30/2025 Leave a Comment

C the Signs Raises $8M to Expand AI-Powered Cancer Detection to the U.S.

What You Should Know:  - C the Signs, a developer of AI-powered cancer detection solutions, today announced an $8 million funding round led by Khosla Ventures.  - The investment will fuel the company's expansion from the United Kingdom, where it has already achieved significant success in early cancer detection, to the United States. Cancer Screening and Improve Patient Outcomes C the Signs addresses a critical gap in cancer care by identifying patients at risk of cancer at
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