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

Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

by Jasmine Pennic 11/11/2021 Leave a Comment

Rad AI Raises $4M to Automate Repetitive Tasks for Radiologists Through Machine Learning

What You Should Know: - Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). - Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure

by Fred Pennic 11/09/2021 Leave a Comment

Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure

What You Should Know: - Color, a San Francisco, CA-based health technology company committed to advancing public health, announced a $100 million Series E financing round at a valuation of $4.6 billion led by Kindred Ventures and by certain funds and accounts advised by T. Rowe Price Associates, Inc. with participation by existing investors General Catalyst, Viking Global Investors, and Emerson Collective. - Color makes population-scale healthcare programs accessible, convenient, and
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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

by Fred Pennic 11/09/2021 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. - Sirona Medical Inc. is addressing the needs of today’s radiology
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Beacon Biosignals Secures $27M to Scale EEG Neurobiomarker Discovery Platform

by Fred Pennic 11/08/2021 Leave a Comment

Beacon Biosignals Secures $27M to Scale EEG Neurobiomarker Discovery Platform

What You Should Know: - Beacon Biosignals, a neurotechnology company applying artificial intelligence to EEG (electroencephalography) to unlock precision medicine for any condition affecting the brain, has announced an oversubscribed $27M Series A financing led by General Catalyst and with participation from Casdin Capital. This capital brings Beacon Biosignals' total funding to date to $30M. - Founded in 2019 by MD/PhDs and engineers from Harvard and MIT, Beacon's launch was propelled by
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Techstars Launches Future of Longevity Accelerator 2021 Class

by Jasmine Pennic 11/08/2021 Leave a Comment

Techstars Future of Longevity Accelerator Launches 2021 Class

What You Should Know: - Techstars, today announce the 2021 class of the Techstars Future of Longevity Accelerator, run in partnership with Pivotal Ventures, an investment and incubation company created by Melinda French Gates to advance social progress in the United States. - The 13-week program focuses on innovative solutions to address the unmet needs of older adults and their caregivers. Program themes include aging in place, caregiver support, care coordination, financial wellness,
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Aver Raises $58M Led by Cox Enterprises, Rebrands as Enlace Health

by Fred Pennic 11/05/2021 Leave a Comment

Aver Raises $58M Led by Cox Enterprises, Rebrands as Enlace Health

What You Should Know: - Aver, Inc., an end-to-end solution that solves the infrastructure challenges driving today’s unsustainable healthcare system announced a $58M investment led by Cox Enterprises and with participation from other existing investors to accelerate the scale and deployment of its new Enlace Health brand. The capital will be used to accelerate growth and represents the first of many financial and strategic moves planned that begin the seismic shift needed to improve
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Senior Companion Platform Papa Raises $150M at $1.4B Valuation

by Fred Pennic 11/04/2021 Leave a Comment

Senior Companion Platform Startup Papa Raises $150M at $1.4B Valuation

What You Should Know: - Senior companion and support platform Papa, today announced a $150M in Series D funding to extend the reach and scale of Papa’s innovative solution.  With a valuation of $1.4B, this funding round, led by SoftBank Vision Fund 2 and with participation from TCG, Tiger Global Management, Canaan, Initialized Capital and Seven Seven Six, brings Papa’s total funding to $240 million. - Since its 2017
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Raydiant Oximetry Nabs $5M for Fetal Oximeter that Monitors Babies’ Oxygenation During Childbirth

by Jasmine Pennic 11/04/2021 Leave a Comment

Raydiant Oximetry Nabs $5M for Fetal Oximeter that Monitors Babies’ Oxygenation During Childbirth

What You Should Know: - Fogarty Innovation, a nonprofit educational incubator for medical technology companies, announced today that its graduate, Raydiant Oximetry, Inc., has raised an oversubscribed round of $5M Series A2 financing led by Avestria Ventures, which invests in early-stage women’s health companies, and syndicated by KOFA Healthcare, V-Capital, Band of Angels, FemHealth Ventures, RHIA Ventures, SteelSky Ventures and Tri-Valley Ventures. - Raydiant Oximetry is a
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Notable Secures $100M to Expand Intelligent Automation in Healthcare

by Fred Pennic 11/03/2021 Leave a Comment

Notable Secures $100M to Expand Intelligent Automation in Healthcare

What You Should Know: - Notable, a San Mateo, CA-based leader in healthcare intelligent automation, today announced it has raised $100M in Series B funding led by ICONIQ Growth, including participation by Greylock, F-Prime Capital, and Oak HC/FT to accelerate growth and innovation within the healthcare industry.  - The company plans to use the new round of funding to pioneer a novel intelligent automation approach for healthcare with the mission of reducing administrative burden
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Femtech Company illumigyn Raises $33M for Remote Gynecological Platform

by Fred Pennic 11/03/2021 Leave a Comment

Femtech Company illumigyn Raises $33M for Remote Gynecological Platform

What You Should Know: -  Femtech company illumigyn, the world’s first remote gynecological imaging platform, today announced that it has raised $33M from Yozma Group Korea and Ubicom Holdings Japan. - . The first FDA-cleared remote gynecological platform, the Gynescope™, digitally documents the cervix, vagina, and external genitalia. High-quality resolution and superior magnification enhance details beyond the capabilities of traditional cervix exams, enabling more accurate pap
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