Challenging the status quo is never easy. Neither is being the underdog. Startups face both of these challenges when trying to break into existing industries dominated by well-established players.
Differences in the size, speed, processes, and culture of a company make it challenging for all startups to compete, regardless of the industry. For newcomers or smaller startups in their respective industries, this competition may seem daunting and the road to funding difficult, but this
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Olive Launches In-House Venture Studio for Digital Health Startups
Olive Launches In-House Venture Studio for Digital Health Startups
What You Should Know:
- Olive, the $4B healthcare automation company, today announced Olive Ventures, a new in-house venture studio that works hand-in-hand with early-stage entrepreneurs to create digital health companies through Olive’s platform.
- Olive Ventures offers visionaries a secure, compliant tech environment (i.e. Olive’s tech stack) that’s designed to rapidly validate, deploy, distribute and
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Rezilient Health Raises $2.5M to Open Virtual Primary Care CloudClinics
What You Should Know:
- Rezilient Health, a St. Louis-based, concierge primary care practice that uses connected digital devices and an advanced video platform to bring doctors remotely to its CloudClinics today announced it has closed its oversubscribed $2.5M seed funding. The seed funding was led by Unseen Capital, with participation from Techstars, Headwater VC, The Council, and The Living Fund.
- Founded in 2016 by Danish Nagada, MD and Jeff Gamble, Ph.D., Rezilient Health bridges
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Antidote Health Raises $12M to Build First Virtual HMO in the U.S.
What You Should Know:
- AntidoteHealth, a New York City-based telehealth provider making quality healthcare accessible to all Americans, today announced it has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The seed round was led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors.
- Antidote is an HMO, which means it cuts out the middleman, connecting simply patients to doctors. By offering a more
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Accenture Invests in Virtual Diagnostic Testing Platform ixlayer
What You Should Know:
- Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed.
- Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, payors and governments with the cloud-based IT infrastructure to scale products and
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K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy
What You Should Know:
- KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed.
- Trusst has built a proprietary, simulated way for users to have virtual conversations with national experts on topics ranging from shyness to trauma. The
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AllStripes Secures $50M to Advance Global Rare Disease Research Platform
- AllStripes, a San Francisco-based healthcare technology company dedicated to unlocking treatments for people affected by rare diseases, today announced it has raised $50 million in Series B funding led by Lux Capital, a current investor, joined by JAZZ Venture Partners, Spark Capital, Medidata Solutions, McKesson Ventures, and Maveron. The round also included participation from angel investors including Arif Nathoo, CEO of Komodo Health, and Leila Zegna, Director
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Equum Medical Raises $20M to Expand Acute Care Telehealth Solutions
What You Should Know:
- Equum Medical, a New York City-based provider of acute care telehealth and teleICU solutions, today announced that it raised $20 million in growth equity from Heritage Group.
- Equum Medical brings together an experienced team of clinicians with advanced, data-driven change management methodologies to provide a variety of acute care telehealth services, hospitals and health systems are able to access scarce clinical resources when and where they need them. The
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MindRhythm Raises $5M for Stroke Triage Medical Device in EMS Settings
What You Should Know:
- MindRhythm, a medical technology company focused on preventing neurological injury in stroke, today announced it has raised $5 Million in an oversubscribed round of seed funding. Principal investors include Pierre and David Lamond; Corey Goodman, PhD, Managing Partner of venBio and Board Chairman for MindRhythm; DCVC; Aestus Capital; Perseverance Capital Management; Blue Fog Capital; Franklin Berger, Managing Director at FMB Research and Kyle York, CEO and managing
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UPMC Launches Drug Discovery Company Novasenta to Develop Targeted Immunotherapy Drugs for Cancer
What You Should Know:
- UPMC today announced the launch of Novasenta, a drug discovery and development company seeking novel and effective treatments for cancer. Co-founded in late 2018 by Robert Ferris, M.D., Ph.D., Dario Vignali, Ph.D., and Greg Delgoffe, Ph.D., all of the UPMC Hillman Cancer Center and Pitt, Novasenta is currently focused on T-cell targets and rapidly advancing programs with the goal of launching its first clinical trial by the end of 2023.
- Based on years
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