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

Flywheel Secures $54M for Medical AI Imaging Platform

by Jasmine Pennic 06/27/2023 Leave a Comment

Flywheel Secures $54M for Medical AI Imaging Platform

What You Should Know:   Flywheel, a Minneapolis-based medical imaging data and AI platform raises $54M in Series D funding, backed by tech giants including NVIDIA, Microsoft, and more.Flywheel helps organizations turn complex imaging data into analysis-ready datasets for accelerated research and AI development. Flywheel offers comprehensive solutions for pharma companies, providers, payers, system integrators, AI developers and academic medical centers to get optimum value out of
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Augmedics Raises $82.5M for Augmented Reality Spine Surgery Platform

by Fred Pennic 06/27/2023 Leave a Comment

Augmedics Raises $82.5M for Augmented Reality Spine Surgery Platform

What You Should Know:  Augmedics, a Chicago-based provider of augmented reality (AR) surgical navigation raises $82.5M in Series D funding led by  CPMG and adds Evidity Health Capital as a syndicate partner, with participation from current investors H.I.G. Capital, Revival Healthcare Capital, Almeda Ventures and others.The company’s revolutionary xvision Spine System® allows surgeons to see patients’ anatomy as if they have “x-ray vision” and accurately navigate instruments and
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Oaktree Closes $2.3B Life Sciences Lending Fund

by Fred Pennic 06/26/2023 Leave a Comment

Oaktree Closes $2.3B Life Sciences Lending Fund

What You Should Know:  Oaktree Capital Management has closed its Life Sciences Lending Fund with a total capital commitment of $2.3B, representing the largest pool of capital ever raised dedicated to the space. Oaktree’s Life Sciences Lending Fund aims to generate attractive risk-adjusted returns by providing bespoke capital solutions to innovative companies across the life sciences sector globally, with a focus on high-growth subsectors, such as biopharma and medical
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Shoni Health Ventures Launches Health Tech VC Fund

by Fred Pennic 06/26/2023 Leave a Comment

Shoni Health Ventures Launches Health Tech VC Fund

What You Should Know: Shoni Health Ventures, a new health tech VC fund announces it’s official launch affiliated with ARC Innovation at Sheba Medical Center. The affiliation with Sheba Medical Center gives portfolio companies access to global ecosystem partners, including leading health systems and medical personnel, and more than 25 years of medical data. The fund will invest in early-stage (pre-seed and seed stage) startups and will utilize its unique resources to support entrepreneurs
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DUOS Raises $10M to Empower Older Adults to Live Independently

by Fred Pennic 06/22/2023 Leave a Comment

DUOS Secures $15M for Senior Assistance Platform for Older Adults

What You Should Know:  DUOS, a digital health company focused on empowering older adults to live independently, announced today an additional $10M in funding led by Primetime Partners, SJF Ventures, and CEOC's Aging Innovation Fund managed by Castellan Group.  Founded in 2020, DUOS focuses on older adults' aging needs and maximizes their well-being by connecting them with untapped health plan benefits and building high-trust relationships. The DUOS' System of Aging technology connects
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Medical AI: AccurKardia Secures $2.7M for Clinical Grade ECG Analytics

by Fred Pennic 06/22/2023 Leave a Comment

Medical AI: AccurKardia Secures $2.7M for Clinical Grade ECG Analytics

What You Should Know:  AccurKardia, Inc., a New York-based medical AI software company delivering clinical-grade ECG interpretation software to cardiac monitoring companies raises $2.7M in seed funding led by Popular Impact Fund alongside other private investors. AccurKardia combines proprietary AI and non-AI-based techniques to provide near-real-time ECG analytics in the cloud, on device and at the edge Clinical-grade, device-agnostic, API-accessible ECG analytics. AccurKardia
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Aledade Raises $260M to Expand Services for Network of Primary Care Practices

by Fred Pennic 06/21/2023 Leave a Comment

Aledade

What You Should Know:  Aledade, a Bethesda, MD-based network of independent primary care practices raises $260M in a Series F funding round led by new investor Lightspeed Venture Partners, with participation from Venrock, Avidity Partners, OMERS Growth Equity, and Fidelity Management & Research Company.The new funding will be used to further accelerate the growth of Aledade’s primary care network and strategic alliances with national and regional health plans while continuing to
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DexCare Raises $75M to Accelerate Care Access Platform

by Fred Pennic 06/21/2023 Leave a Comment

DexCare Raises $75M to Accelerate Care Access Platform

What You Should Know:  DexCare, Inc., a Seattle-based patient demand and care access platform raises $75M in Series C funding led by ICONIQ Growth with participation from existing partners Transformation Capital, Kaiser Permanente Ventures, and others. The funding will advance DexCare’s platform, which extends limited health-system capacity to serve patients faster and to precisely manage the supply and demand of digital-care access. The new funding brings the total raised to
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Outbound AI Raises $16M for AI-Powered Virtual Agents

by Fred Pennic 06/21/2023 Leave a Comment

Outbound AI Raises $16M for AI-Powered Virtual Agents

What You Should Know:  Outbound AI, a Seattle-based conversational AI platform for healthcare announced it has raised $16M in seed funding co-led by Seattle-based Madrona Venture Group and SpringRock Ventures.Founded in 2021, Outbound AI is breaking new ground with cloud technologies that serve as workforce multipliers to drive productivity while improving the daily job experience for human talent. The company’s inaugural offering includes a portfolio of AI-powered virtual agents
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Wound Company Launches With $4.25M to Fix Inequities in Wound Care

by Syed Hamza Sohail 06/15/2023 Leave a Comment

Wound Company Launches With 4.25M to Fix Inequalities in Wound Care

What You Should Know: The Wound Company, a multi-channel on-demand wound and ostomy care delivery company that improves patient outcomes, today announced its launch from stealth with $4.25M in seed funding from Susa Venturesand Sozo Ventures. The funding will be used to expand the company’s national footprint, hire top talent, and to continue improving health outcomes in the most cost-effective way possible while bringing dignity to the over 13 million people in need
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