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

BillionToOne Raises $125M to Expand Genetic Testing Platform

by Jasmine Pennic 03/30/2022 Leave a Comment

BillionToOne Raises $125M to Expand Genetic Testing Platform

What You Should Know: - BillionToOne, a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all raises $125M in Series C funding co-led by Adams Street Partners and existing investor Hummingbird Ventures with significant participation from Baillie Gifford, Neotribe Ventures, Norwest Venture Partners, Civilization Ventures, Fifty Years VC, Pacific 8 Ventures, Time BioVentures, and Libertus Capital, among others. - This
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VivoSense Raises $25M for Wearable Sensor Biomarkers to Advance Clinical Trials

by Fred Pennic 03/30/2022 Leave a Comment

VivoSense Raises $25M for Wearable Sensor Biomarkers to Advance Clinical Trials

What You Should Know: - VivoSense, an agile end-to-end scientific solutions company developing novel digital endpoints from wearable sensor data raises $25 Million in Series A funding. - The financing will accelerate the development of novel digital biomarkers and improve digital clinical outcome assessments. VivoSense will also use this financing to expand and refine its informatics platform for data analysis from wearable and connected technologies to deliver validated digital
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LetsGetChecked Acquires Veritas Genetics To Leverage Whole Genome Sequencing

by Fred Pennic 03/29/2022 Leave a Comment

LetsGetChecked Acquires Veritas Genetics To Leverage Whole Genome Sequencing

What You Should Know: - Healthcare solutions company LetsGetChecked, today announced the acquisition of genomics pioneer Veritas Genetics and Veritas Intercontinental. - Through these acquisitions, LetsGetChecked will leverage the power of whole-genome sequencing to launch a full lifecycle of personalized healthcare, delivering the most comprehensive health testing and care solution on the market. LetsGetChecked, a leading healthcare solutions company acquires Veritas Genetics Inc.
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ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

by Fred Pennic 03/29/2022 Leave a Comment

ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

What You Should Know: - ConcertAI, LLC (ConcertAI), the leader in enterprise AI and real-world data (RWD) solutions for life sciences and healthcare, announced the close of its $150M in Series C led by Sixth Street at a $1.9B valuation. - From its startup just five years ago, ConcertAI has emerged as one of the fastest-growing companies providing high-value software-as-a-service (SaaS) and data solutions to life sciences and biopharma companies, leading healthcare providers, contract
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Brightside Health Raises $50M for Personalized Anxiety & Depression Care

by Jasmine Pennic 03/29/2022 Leave a Comment

Brightside Health Raises $50M for Personalized Anxiety & Depression Care

What You Should Know: - Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date. - The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.  Brightside Health, a telemedicine platform that offers fast access to
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Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

by Jasmine Pennic 03/28/2022 Leave a Comment

Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

What You Should Know: - Altibbi, the Middle East’s largest AI-based digital health platform raises $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. The Series B round marks the largest single financing round for a regional Digital Health company. - Raising more than $50M in funds since its founding in 2011, Altibbi’s diverse shareholder base also includes high-profile investors Endeavor Catalyst,
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UK Startup Oliva Raises $6.3M for Workplace Mental Health Platform

by Digital Health Venture Capital 03/24/2022 Leave a Comment

UK Startup Oliva Raises $6.3M for Workplace Mental Health Platform

What You Should Know: - Oliva, a London-based workplace mental health platform announced it has raised $6.3M (£4.84M) in seed funding led by Stride VC, a seed-stage VC firm based in London, along with additional investment provided by Moonfire. - The seed raise marks the largest seed funding for a mental health startup in Europe. Help with Life’s Problems, Work-Related or Not In the UK, poor mental health costs employers
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Podimetrics Secures $45M for SmartMat to Prevent Diabetic Amputations in High-Risk Patients

by Fred Pennic 03/24/2022 Leave a Comment

Independence Blue Cross Taps Podimetrics to Prevent Diabetic Amputations Via RPM

What You Should Know: - Podimetrics raises $45M to help at-risk providers and health plans prevent diabetic amputations in high-risk patients. - With this latest round of funding, Podimetrics plans to focus on hiring to build out their product development and research teams, while also expanding the breadth of services delivered by their nurse support team. Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs)
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Antidote Health Secures $22M to Expand Telehealth Platform for Primary Care, Mental Health, Hypertension Care

by Fred Pennic 03/23/2022 Leave a Comment

Antidote Health Secures $22M to Expand Telehealth Platform for Primary Care, Mental Health, Hypertension Care

What You Should Know: - Antidote Health, an NYC-based telehealth provider announced it has raised $22M in Series A funding led by third-time investor iAngels, Group 11, and Flint Capital. - The company will use the funds to support R&D activity, which includes advanced AI screening and clinical decision support system capabilities. Quality healthcare doesn’t need to be expensive Founded in 2020, Antidote Health democratizes access, delivering care for the whole family for a
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TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform

by Fred Pennic 03/21/2022 Leave a Comment

TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform

What You Should Know: - TimeDoc Health, a Chicago-based provider of virtual care management activation, today announced it has closed a $48.5M Series B round led by Aldrich Capital Partners. - Founded in 2015, TimeDoc Health partners with PCPs and healthcare organizations to automate record-keeping for clinician/patient interactions (in-person and virtual), sending the reports to CMS for reimbursement.  - During the pandemic, the company has been instrumental in helping providers
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