What You Should Know:
- Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners. With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date.
- This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Hello Heart Raises $70M to Expand Heart Health Solutions
What You Should Know:
- Hello Heart, the only digital therapeutics company focused exclusively on heart disease, announced a $70M Series D funding round led by Stripes to support its rapid growth in the employer market
- The funding round will specifically support the increase in employer market demand for Hello Heart’s technology as a focus on heart health sharpens. The company has experienced massive growth in the employer market, doubling the number of clients in the last three
Read More
Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine
What You Should Know:
- Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura.
- The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
Read More
Kelonia Therapeutics Emerges with $50M to Deliver Precision Targeted Genetic Medicines
What You Should Know:
- Kelonia Therapeutics, a Boston-based biotech company focused on vivo gene delivery, launched with a $50 million in Series A funding to expand the benefit and reach of genetic medicines.
- Despite life-changing responses, existing gene therapies are highly complex, costly, and limited by complicated treatment paradigms, tractable therapeutic applications, and dose-limiting toxicities. By enabling precisely targeted, highly efficient, manufacturable “off-the-shelf” in
Read More
Health Tech VC Firm Flare Capital Partners Closes $350M Fund
What You Should Know:
- Flare Capital Partners, a Boston-based healthcare technology venture capital firm closes its third fund with $350M, which follows up on its prior two funds raised in July 2019 and the inaugural fund raised in April 2015, respectively.
- The most recent fund, establishes Flare Capital Partners as one of the largest, independent, early-stage venture capital firms dedicated to healthcare technology.
“When we started the firm in 2014, over $4.5 billion was invested
Read More
Inspire Medical Systems Invests in AI Startup EnsoData
What You Should Know:
- Inspire Medical Systems has announced its investment in EnsoData, an artificial intelligence (AI) healthcare company helping clinicians uncover disease while patients sleep.
- EnsoData’s technology helps address some of the most intractable problems in healthcare: access and affordability for patients and clinician burnout. By letting doctors and other clinicians use powerful AI to automatically analyze and diagnose diseases while a patient sleeps, EnsoData
Read More
NotiSphere Raises $3.6M to Scale Medical Recall Platform
What You Should Know:
- NotiSphere, a healthcare technology startup focused on transforming the medical recall alert process by directly connecting suppliers to recall coordinators at healthcare organizations, today announced a $3.6 million Series Seed round led by Royal Street Ventures, with participation from Okapi Ventures, Stage Venture Partners, Revolution's Rise of the Rest Seed Fund, Coelius Capital, Supernode Ventures and Cedars Sinai Health Ventures. This latest financing brings
Read More
Femtech Startup Ruth Health Secures $2.4M to Transform Telehealth Approach to Pregnancy Care
What You Should Know:
- Femtech startup Ruth Health providing progressive telehealth and comprehensive care platform built for women by women announced it has raised $2.4M seed funding round led by Giant Ventures, with participation from Citylight VC, Cleo Capital Scout Fund, Crista Galli Ventures, Duro VC, Emmeline Ventures, Gaingels, Global Founders Capital, Pentas Ventures, SOMA Capital, Techstars, Torch Capital, YCombinator, and various strategic angels. This brings Ruth Health’s
Read More
Biofourmis Secures $300M to Expand Virtual Care Offerings
What You Should Know:
- Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round,
- Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman.
Transforming Patient Health Through Personalized, Predictive Care
Founded in
Read More
Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs
What You Should Know:
- Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives.
- Waltz Health plans to
Read More
