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

Glooko Acquires German Medical AI Company xbird – M&A

by Fred Pennic 01/31/2022 Leave a Comment

Glooko Acquires German Medical AI Company xbird – M&A

What You Should Know: - Glooko, a provider of remote patient monitoring and digital health solutions for diabetes and other chronic conditions, today announced it has acquired xbird, a German-based health AI company developing JITAI ( Just In Time Adaptive Intervention) technologies to support patients and their providers in predicting behavior and managing diabetes. - The addition of xbird expands Glooko’s advanced analytics capabilities and tools, further broadening Glooko’s platform
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Vynca Secures $30M to Expand Integrated Palliative Care Platform

by Fred Pennic 01/31/2022 Leave a Comment

Vynca Secures $30M to Expand Integrated Palliative Care Platform

What You Should Know: - Vynca, a technology provider addressing the needs of those battling serious illnesses, has raised $30 million in growth capital led by Questa Capital with participation from existing investors including Generator Ventures, First Trust Capital Partners, 4100 Group and OCA Ventures.  - Vynca will use the capital to grow its clinical services organization and expand its technology suite to meet the needs of value-based care programs, in addition to
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Alto Pharmacy Raises $200M to Expand Full-Service Pharmacy Delivery

by Jasmine Pennic 01/27/2022 Leave a Comment

Alto Pharmacy Raises $200M to Expand Full-Service Pharmacy Delivery

What You Should Know: - Alto Pharmacy (“Alto”), the leader in America’s rapidly expanding digital pharmacy market, raised approximately $200 million in an oversubscribed series E financing round led by returning investor Softbank Vision Fund. Free hand-delivery to your door Despite the pandemic, the retail pharmacy industry has been one of the slowest to use technology to improve the customer experience. Founded in 2015, Alto is a full-service pharmacy powered by a team of experts
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Talkiatry Lands $37M to Expand In-Network Psychiatric Care

by Fred Pennic 01/27/2022 Leave a Comment

Talkiatry Lands $37M to Expand In-Network Psychiatric Care

What You Should Know: – Talkiatry, a leading provider of in-network psychiatric care raised an additional $17M from Left Lane Capital, which totals their current funding to $37M in Series A funding. The completion of this round will support Talkiatry in responsibly scaling mental health services across the United States with national insurance contracts. - The company also appointed Samson Walla as its Vice President of Operations. Walla joins Talkiatry from Uber, where he served as
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Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform

by Fred Pennic 01/26/2022 Leave a Comment

Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform

What You Should Know: - Today, Honeywell announced it has made a strategic investment in RapidSOS, an NYC-based emergency response data platform, to further modernize and digitize the public safety communications process. - In addition to the strategic investment, Honeywell Connected Life Safety System (CLSS) will integrate with the RapidSOS emergency response data platform to provide faster, more accurate communications
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Swiftarc Ventures Launches $75M Telemedicine Venture Fund

by Fred Pennic 01/25/2022 Leave a Comment

Swiftarc Ventures Launches $75M Telehealth Venture Fund

What You Should Know: - Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund. - The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.  Investment Thesis In the past, the three-pillared U.S. healthcare system (Patients,
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Casana Raises $30M for Effortless Home Health Monitoring

by Fred Pennic 01/21/2022 Leave a Comment

Casana Raises $14 Million for In-home Heart Health Monitoring Device

What You Should Know: - Casana, a healthcare technology firm that is reinventing in-home health monitoring announced it has raised $30M in Series B funding, bringing the total capital raised to $46 million led by Morningside with participation from Matrix Partners, as well as Series A investors General Catalyst and Outsiders Fund. - The Series B funding will allow Casana to accelerate FDA submission of the Heart Seat with the goal to obtain FDA approval and bring this important new device
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Wheel Raises $150M to Expand White-Labeled Virtual Care Services

by Fred Pennic 01/19/2022 Leave a Comment

Wheel Integrates with GoodRx for Real-Time Medication Pricing & Discounts

What You Should Know: - Wheel, an Austin, TX-based provider of white-labeled virtual care services and support announced a $150M series C funding round, co-led by Lightspeed Venture Partners and Tiger Global, bringing its total funding to $216 million to date. The round also included participation from new investors Coatue and Salesforce Ventures along with existing investors CRV, Tusk Venture Partners and Silverton Partners.  Everything companies and clinicians need to deliver
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Topography Health Launches out of Stealth with $27.5M to Empower Community Physicians to Run Clinical Drug Trials

by Fred Pennic 01/19/2022 Leave a Comment

a16z + Bain backed Topography Health Launches out of Stealth with $27.5M

What You Should Know: - Topography Health, a clinical trials startup focused on community physicians, today launched out of stealth with $27.5M in funding from Andreessen Horowitz and Bain Capital Ventures.  - Co-founded by former Gerson Lehrman Group CEO Alexander Saint-Amand, Topography is making it possible for your family doctor to offer clinical drug trials as part of their practice. Not just for potentially terminal illnesses, but also for moderate chronic illnesses, where the
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Digital Mental Health Clinic Mantra Health Secures $22M to Support University Students

by Jasmine Pennic 01/19/2022 Leave a Comment

Digital Mental Health Clinic Mantra Health Secures $22M to Support University Students

What You Should Know: - Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City Light Capital.  - The company plans to use the investment proceeds to
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