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

Lightship Raises $40M to Bring Decentralized Clinical Trials at Scale

by Jasmine Pennic 10/07/2021 Leave a Comment

Lightship Raises $40M to Bring Decentralized Clinical Trials at Scale

What You Should Know: - Lightship, a virtual-first provider of clinical trials, today announced that it has raised $40M to create access to clinical research for all patients and improving diversity among patient groups taking part in clinical trials around the world led by Define Ventures and Brook Byers, with participation from Khosla Ventures, McKesson Ventures and Marc Benioff’s TIME Ventures. This round of investment follows $20M of funding that Lightship announced in February 2020 to
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Tokyo Startup Bisu Raises $3.2M for ‘Lab-On-A-Chip’ Urine and Saliva Analyzer

by Fred Pennic 10/07/2021 Leave a Comment

Tokyo Startup Bisu Raises $3.2M for 'Lab-On-A-Chip' Urine and Saliva Analyzer

What You Should Know: - Bisu, Inc., a  Tokyo-based digital health startup that helps people improve their health and wellness through lab-grade testing at home, today announced ­$3.2M in seed funding led by Korean biotech investor QUAD, with participation from ASI­CS Ventures Corporation, 15th Rock Ventures, Pacifico Investments, and SOSV. - The funding will enable Bisu to bring to market Bisu Body Coach, a portable "home health lab" for
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Pivotal Analytics Nabs $10.2M for Healthcare Data Analytics Platform

by Jasmine Pennic 10/07/2021 Leave a Comment

Pivotal Analytics $10.2M for Healthcare Data Analytics Platform

What You Should Know: - Pivotal Analytics, a provider of strategic healthcare analytics solution Pivotal, announced it has raised $10.2M in a Series A funding round. This investment was led by one of the largest owner-operators of medical office buildings in the United States, with participation from three existing investors. - Pivotal, the company's flagship business intelligence platform, is a strategic healthcare analytics solution that empowers healthcare
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Twin Health Secures $140M to Expand Whole Body Digital Twin Precision Health Service

by Fred Pennic 10/06/2021 Leave a Comment

Twin Health Secures $140M to Expand Whole Body Digital Twin Precision Health Service

What You Should Know:  - Twin Health, Mountain View, CA-based makers of the Whole Body Digital Twin™ precision health service, today announced $140 million in Series C funding as it scales its service in the U.S. and globally from investors ICONIQ Growth, Sequoia Capital India, Perceptive Advisors, Corner Ventures, LTS Investments, Helena and Sofina.  - Powered by artificial intelligence, the Whole Body Digital Twin™ is a dynamic representation of each individual’s unique
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Elevate Emerges Out of Stealth with $15M to Modernize Consumer-Directed Benefits Platform

by Fred Pennic 10/04/2021 Leave a Comment

Elevate Emerges Out of Stealth with $15M to Modernize Consumer Directed Benefits Delivery

What You Should Know: - Elevate, a Denver, CO-based next-generation consumer-directed benefits platform, today announced that it has raised $12 million in Series A funding, co-led by Greycroft and Norwest Venture Partners, with participation from existing investors Bowery Capital. The fresh round of capital coincides with Elevate’s formal public launch after a year in stealth mode, as it looks to reimagine how employers and employees access, manage and experience consumer-directed benefits.
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Genetika+ Raises $10M for Personalized Medicine for Psychiatry Solution

by Fred Pennic 09/30/2021 Leave a Comment

Genetika+ Raises $10M for Personalized Medicine for Psychiatry Solution

What You Should Know:  - Genetika+, a female-founded startup focused on developing personalized medicine for psychiatry conditions, that the company has closed a $10 million Series A round led by GreyBird Ventures with participation from Meron Capital, Jumpspeed Ventures, Sapir Venture Partners, Howard Morgan Chairman of B Capital Group and Michael Zeisser of FMZ Ventures and former Chairman, Investments at Alibaba Group. - Founded in 2018 by Talia Cohen-Solal, Ph.D., and Daphna
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axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution

by Jasmine Pennic 09/30/2021 Leave a Comment

axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution

- Wayspring, formerly axialHealthcare, announced today its new name and a $75M investment from Valtruis, Centene Corporation, CareSource, HLM Venture Partners, and existing investors Highmark Ventures, .406 Ventures, the Blue Venture Fund, and Oak HC/FT.  Wayspring will use the capital to scale its value-based care solution, a full-risk medical home model for substance use disorder (SUD).  - Using data analytics to drive high-touch, high-impact outreach to the most at-risk
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AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

by Fred Pennic 09/30/2021 Leave a Comment

AlleyCorp Launches $100M Healthcare Venture Fund for NYC Early-Stage Digital Health Startups

What You Should Know: - AlleyCorp, a NYC firm dedicated to founding, funding, and building transformative companies across industries today announced the launch of the AlleyCorp Healthcare Fund, an $100M early-stage venture capital healthcare fund and incubator. The physician-led healthcare fund builds on AlleyCorp’s momentum in digital health and responds to the growing need and opportunity, made all the more urgent by the pandemic, to enable higher-quality, lower-cost healthcare for
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Vital Raises $15M to Expand AI-Powered Emergency Department Platform

by Fred Pennic 09/29/2021 Leave a Comment

Vital Raises $15M to Expand AI-Powered Emergency Department Platform

What You Should Know: - Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold Ventures. Vital’s new ERAdvisor application gives patients and their caregivers in the ED real-time,
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TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

by Jasmine Pennic 09/29/2021 Leave a Comment

TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

What You Should Know: – TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced it has raised an additional $5M of funding, increasing the overall investment to $25 million. The new strategic investors, American Cancer Society’s impact investment fund, BrightEdge, OSF Healthcare’s corporate investment arm, OSF Ventures, and Citi via their Citi Impact Fund, seek to reduce medical costs through TailorMed’s platform across all treatments and
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