What You Should Know:
- Hint Health, a direct primary care (DPC) provider raises $45M led by Banneker Partners and Frist Cressey Ventures.
- The investment will support the growth of Hint’s operating system technology for core customers and an expansion of its national DPC network, Hint Connect. Hint Health will also use the investment to increase services that support innovative virtual-first care models and near-site / on-site clinics that directly contract with
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Ordr Secures $40M for Real-Time Connected Device Security Platform
What You Should Know:
- Ordr, a company making the complex problem of securing every connected device — from traditional IT devices to newer and more vulnerable IoT, IoMT or OT — simple, today announced it has raised an additional $40M. The funding round was co-led by Battery Ventures and Ten Eleven Ventures, with participation from new investor Northgate Capital and continuing investors Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, and Mayo Clinic.
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Solv CEO Diversifies Cap Table, Adds 75 Female Investors as Part of $45M Series C
What You Should Know:
- Today, Heather Fernandez, CEO and co-founder of healthcare on-demand app Solv Health shared her diversity plans for bringing on more women and first-time investors to the Cap Table as part of the company’s $45M Series C round. As a Filipino-Iranian woman, Heather knows “people like me” don’t get funded - or hired or invited to the table. Women are also more likely to be healthcare decision-makers for their families.
- Heather created a Special Purpose
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Genetics Startup Pleno Launches Out of Stealth with $15M
What You Should Know:
- Pleno, a multi-omics startup, is emerging out of stealth with a $15M Pre-Series A financing and Greg Lucier as Chairman of the Board of Directors. Founded by Pieter van Rooyen, a well-known biotech engineer who built and sold his last company, Edico Genome, to Illumina for $100M. Edico's Dragen technology has become a staple in genetics research.
- Pleno's Hypercoding technology has the potential to revolutionize biological target detection for
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KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform
What You Should Know:
KAID Health,makers of anartificial intelligence-enabled clinical analysis and provider engagement platform,today announced its $4.25M in Series A funding bringing their total capital raised to $6.45M.
- The funding will fuel growth of the provider/payer platform that integrates with the electronic medical records (EMR) to identify high-value tactical care and coding interventions. The company will also expand its Boston, MA office and will hire new team
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Homethrive Raises $20M for Next-Gen Caregiving Platform
What You Should Know:
- Homethrive, a tech-enabled healthcare service company that’s disrupting and revolutionizing how employers, insurers, and affinity groups support unpaid family caregivers and their loved ones raises an additional $20M in Series B funding led by Human Capital. The round also included participation from Allianz and existing investors 7wireVentures and Pitango HealthTech.
- The funding round fuel Homethrive’s aggressive expansion with self-insured employers and
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Greater Good Health Raises $10M for NP-Centered Primary Care Model
What You Should Know:
- Greater Good Health, the company redefining value-based care through the first primary care model centered around nurse practitioners (NPs) raises $10 million funding round led by LRVHealth, with participation from Martin Ventures, Health Velocity Capital and more.
- Committed to providing NPs with the tools they need to be successful, Greater Good Health offers access to a network of peers, training and development content and personal wellness experiences. The
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HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies
What You Should Know:
- HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M .
- The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry.
Providing Growth Capital to Companies Transforming Healthcare
Founded in 2013 by Garheng Kong, a physician, scientist, and
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Character Biosciences Raises $18M to Expand Precision Medicine Platform for Diseases of Aging
What You Should Know:
- Character Biosciences (“Character”), a precision medicine platform for diseases of aging raises $18M in a new funding round led by Innovation Endeavors, alongside leading life sciences investors Section 32 and Catalio Capital Management. Formerly known as Clover Therapeutics, the company’s data-driven approach integrates genomics, deep phenotyping and machine learning for target and biomarker discovery.
- The company will use the funding to advance the frontiers of
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Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform
What You Should Know:
- Turquoise Health, an end-to-end healthcare pricing platform, today announced a $20M Series A investment led by existing investor Andreessen Horowitz (a16z), with participation from Bessemer, Box Group, and new investor Tiger Global.
- Turquoise Health will use the funding to continue making transparent pricing ubiquitous for all healthcare stakeholders: payers, providers, and patients.
Direct Contracting Platform
In anticipation of July payer rates
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