What You Should Know:
- Cedars-Sinai Accelerator, today announced its eighth accelerator class of ten new digital health startups.
- From digital health mental health services to wearable devices to manage chronic asthma, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program.
Cedars-Sinai Accelerator Overview
During the three-month term, company representatives collaborate with
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Medication Intelligence Startup Arine Raises $29M
What You Should Know:
- Arine, a San Francisco-based next-generation medication intelligence company raises $29M in a Series B round funding composed of equity and debt financing led by 111° West Capital, with participation from new investors MBX Capital and New Leaf Ventures, and continued support from Katalyst Ventures.
- Founded in 2017, Arine helps health plans substantially decrease the cost of care and improve patient outcomes by reducing
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CareHarmony Secures $15M for AI-Powered Care Coordination
What You Should Know:
- CareHarmony, an AI-powered care coordination solutions provider, today announced it has closed a $15 million Series A funding round led by Maverick Ventures, with participation from Nashville Capital Network.
- The financing comes as CareHarmony continues to experience exponential growth, serving several of the nation’s leading hospitals and health systems through its care platform.
Developing Proprietary Technology To Meet Increased Demand
Founded in 2015,
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KeyCare Raises $24M for Epic-Integrated Virtual Care Platform
What You Should Know:
- KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the closing of $24 million in series A funding.
- The funding was backed by 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures.
Expanding Horizons in Healthcare Using Virtual Care Platforms
KeyCare offers health systems the ability to easily augment their care teams, optimize capacity, and widen their digital front doors by partnering with a nationwide network of
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Naborforce Raises $9M to Connect Older Adults to On-Demand Support & Engagement
What You Should Know:
- Naborforce, a high-growth elder tech company that connects older adults to a network of trusted "Nabors" for on-demand support and social engagement, announced the closing of a $9 million Series A financing round led by Translink Capital.
- Translink Capital, a global venture capital firm headquartered in Silicon Valley, is joined by existing investors Claritas Capital The Artemis Fund, and TechStars. Naborforce will use the financing to further invest in its
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FundamentalVR Raises $20M for VR Surgical Simulation Platform
What You Should Know:
- FundamentalVR has raised an additional $20M to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery.
- The funding was led by EQT Life Sciences investing from the LSP Health Economics Fund 2 and joined by prior investors Downing Ventures. The new investments follow a Series A round in October 2019 and bring the
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Abridge Secures $12.5M to Power AI-Powered Medical Conversations
What You Should Know:
- Abridge, the leader in medical conversation artificial intelligence (AI), today announced an oversubscribed $12.5M Series A-1 led by Wittington Ventures.
- The round also had participation from all existing investors including Union Square Ventures, Bessemer Venture Partners, Pillar Venture Capital, and UPMC Enterprises, and new investors including Turing Award winner Yoshua Bengio, and Whistler Capital.
Automated Solutions to Combat Physician
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Femtech Startup Nanopath Raises $10M to Develop POC Diagnostics for Women’s Health
What You Should Know:
- Nanopath, a molecular diagnostics company enabling high-quality molecular testing in minutes raises $10M in Series A funding, co-led by co-led by Norwest Venture Partners and Medtech Convergence Fund, to develop a point-of-care diagnostics platform for women’s health screenings.
- The company plans to use the latest round of funding to support development and commercialization of Nanopath's biosensing platform that aims to transform how women's pelvic and
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Intel Invests $20M in Biofourmis’ Virtual Care Offerings
What You Should Know:
- Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M.
- The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor
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Evidence Partners Raises $20M for Automated, Evidence-Based Research
What You Should Know:
- Evidence Partners has announced a growth financing round, their first ever, for $20M, led by Thomvest Ventures.
- With their new AI product DistillerSR, Evidence Partners are changing the way Literature Reviews are conducted, making them efficient, accurate, and less labour-intensive.
AI-Driven Literature Review Software
DistillerSR is a web-based platform that allows researchers to collaborate concurrently on the same projects from anywhere, without
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