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

AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

by Fred Pennic 06/23/2022 Leave a Comment

AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

- Amazon Web Services (AWS) and MATTER, the premier healthcare incubator and innovation hub, announced the launched of a new incubation program called AWS Expand. - The program supports startups entering the US market from Europe, the Middle East, and Africa (EMEA) by providing expert guidance, mentorship, client connections, an extensive network within the healthcare industry, and more. AWS Expand’s First Cohort of 30 EMA Healthcare Startups The dual-track program will prepare Europe,
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Sesame Raises $27M to Expand Its National Healthcare Marketplace

by Fred Pennic 06/17/2022 Leave a Comment

Sesame Raises $27M to Expand Its National Healthcare Marketplace

What You Should Know: Sesame, the only company proven to lower the price of medical care for American consumers raises $27M in Series B financing to expand its national marketplace of high-quality, ultra-affordable medical care for all Americans, whether they are insured or not.  - The round was led by GV (formerly Google Ventures) with participation from TeleSoft Partners and FMZ Ventures, alongside existing investors General Catalyst, Industry Ventures, Coefficient Capital, Giant
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bttn Raises $20M to Expand Next-Gen Healthcare Supply Distribution

by Fred Pennic 06/15/2022 Leave a Comment

bttn Raises $20M to Expand Next-Gen Healthcare Supply Distribution

What You Should Know: - bttn, a company building next-generation healthcare supply distribution, announced a $20 million Series A led by Tiger Global with participation from seed investor Fuse.  - Born out of the COVID-19 pandemic, bttn was created to help solve the lack of medical supplies facing healthcare workers and improve access. The company has one lofty goal: to digitally transform the massive, antiquated $250B/year medical supply
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Proscia Raises $37M for AI-Enabled Pathology Platform

by Jasmine Pennic 06/14/2022 Leave a Comment

JPC Taps Proscia to Modernize World's Largest Human Tissue Repository

What You Should Know: - Proscia, a Philadelphia-based provider of digital and computational pathology solutions raises $37M to advance the way we understand and treat diseases like cancer. The round includes participation from Highline Capital Management, Triangle Peak Partners, and Alpha Intelligence Capital as well as existing investors including Scale Venture Partners, Hitachi Ventures, ROBO Global, Emerald Development Managers, and Razor's Edge Ventures. This investment brings Proscia's
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Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups

by Fred Pennic 06/14/2022 Leave a Comment

Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups

What You Should Know: - Wavemaker Three-Sixty Health (Wavemaker 360), the nation’s leading venture fund focused on early-stage (primarily seed) healthcare disruptors and innovators, recently announced its Fund II news, closing at $64M, surpassing its first fund nearly four times over. - The goal for Fund II is to invest into 40-50 early-stage companies, with several investments already made into some of the most compelling healthcare start-ups in the areas of health-tech, digital health,
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Invoca Raises $83M to Optimize Contact Center Experience

by Fred Pennic 06/14/2022 Leave a Comment

Invoca Raises $83M to Optimize Contact Center Experience

What You Should Know: - Invoca, the cloud leader in AI-powered conversation intelligence for revenue teams" has raised $83M in its Series F at a $1.1B valuation led by - With 6 of the top 10 U.S. health systems, 3 of the top 8 U.S. physical therapy clinics, and 4 of the top 6 U.S. dental service organizations already using Invoca, this recent round of funding will help improve the contact center experience for healthcare organizations.  Addressing Healthcare Staffing
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Capital Rx Raises $106M to End Drug Price Distortion

by Fred Pennic 06/13/2022 Leave a Comment

Capital Rx Raises $106M to End Drug Price Distortion

What You Should Know: - Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced raises $106M in a Series C round to end drug price distortion. The Series C round was led by B Capital with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners, bringing the total amount raised to $175M.  - Capital Rx will continue to invest in the technology backbone for claims processing and benefit
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H1 Adds $20M to Series C to Power Democratization of Global Healthcare Data

by Jasmine Pennic 06/09/2022 Leave a Comment

H1 Raises $100M to Expand Healthcare Professional Data Network

What You Should Know: - H1, the connecting force for global healthcare professional, clinical, science, and research information, announced their Series C extension led by Goldman Sachs Asset Management, Menlo Ventures, Transformation Capital and Novartis Pharma AG, bringing the total Series C raise to over $120M.  - The news comes at a time when public markets are down and many other companies are doing down rounds. The extension allows H1’s valuation of $773M to stay constant,
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Nava Benefits Nabs $40M to Bring F500 Healthcare Benefits Downstream

by Fred Pennic 06/08/2022 Leave a Comment

Nava Benefits Nabs $40M to Bring F500 Healthcare Benefits Downstream


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Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

by Fred Pennic 06/07/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment raises $50M in Series B funding led by InterAlpen Partners, bringing the company’s total funds raised to $83 million. Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures, and City Light Capital. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle Health provides confidential, convenient and
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