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

Benchling Acquires Overwatch Research to Accelerate Breakthroughs for Biopharma Companies

by Jasmine Pennic 02/24/2022 Leave a Comment

Benchling Acquires Overwatch Research to Accelerate Breakthroughs for Biopharma Companies

What You Should Know: - Today, R&D Cloud pioneer Benchling announced it has acquired Overwatch Research to accelerate in vivo research. - The acquisition will create the industry’s first comprehensive, cloud-native in vivo solution – a critical component of drug discovery and development – drastically accelerating the time it takes biopharma companies to bring products to market.  Digital Transforming R&D In vivo studies are a critical component of drug discovery and
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Omada Health Raises $192M to Expand Digital Therapeutics for Chronic Disease

by Fred Pennic 02/24/2022 Leave a Comment

Omada Becomes First NCQA-Accredited Virtual Provider

What You Should Know: - Omada Health, a chronic care integrated healthcare provider, today announced its $192M in Series E funding round led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others. - Omada Health will utilize the funding to accelerate hiring at all levels to meet growing customer demands, a technological roadmap for care and coaching personalization to
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Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology

by Fred Pennic 02/24/2022 Leave a Comment

Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology

What You Should Know: - Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M. - The Story Health platform empowers specialists through intelligent embedded clinical software
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EarliTec Diagnostics Raises $19.5M to Advance Autism Diagnosis and Treatment in Children

by Jasmine Pennic 02/18/2022 Leave a Comment

EarliTec Diagnostics Raises $19.5M to Advance Autism Diagnosis and Treatment in Children

What You Should Know: - EarliTec Dx, a digital health company developing novel diagnostic and therapeutic products for children with Autism Spectrum Disorder (ASD) and early childhood vulnerabilities, today announced a $19.5 million financing led by Bernie Marcus, with participation from the Georgia Research Alliance (GRA). - This round of financing will be used to support filing with the U.S. Food and Drug Administration (FDA) for 510K clearance, as well as commercialization of the
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NourishedRx Raises $6M to Accelerate Intelligent Food-for-Health Platform

by Jasmine Pennic 02/16/2022 Leave a Comment

NourishedRx Raises $6M to Accelerate Intelligent Food-for-Health Platform

What You Should Know: - NourishedRx, a digital health company raises $6M in seed funding led by S2G Ventures with additional investors Route 66 Ventures, Connecticut Innovations, Primetime Partners, and other individual investors. - The company will utilize the funding to expand its high-tech, a high-touch platform to provide personalized, culturally relevant food solutions to health plan members nationwide. Personalized Nutrition Founded in 2019, with the support of the Mailman
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Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment

by Fred Pennic 02/16/2022 Leave a Comment

Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment

What You Should Know: Equip, a provider of virtual, evidence-based eating disorder treatment in the U.S., today announced a $58M Series B funding round, bringing the company’s total funding to $75M. The Series B round was led by The Chernin Group (TCG), an early investor in Headspace and was joined by Tiger Global and General Catalyst, as well as existing investors F-Prime Capital, Optum Ventures, and .406 Ventures. Katie Couric Media invested alongside American soccer champion Alex Morgan
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FitOn Acquires Peerfit, Raises $40M to Expand Reach

by Fred Pennic 02/15/2022 Leave a Comment

FitOn Acquires Peerfit, Raises $40M to Expand Reach

What You Should Know: - FitOn, the No. 1 fitness app and digital fitness platform, announced today it has raised $40M in new funding and is expanding its reach in healthcare and wellness through the acquisition of Peerfit, a corporate wellness leader. - Peerfit’s founder, Ed Buckley, will stay on in his current role as CEO to continue leading the tremendous growth of the Peerfit business. Redefine wellness at work Peerfit is a longtime leader in the corporate wellness space,
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Ro Raises $150M, Launches New Digital Clinic for Skincare

by Fred Pennic 02/15/2022 Leave a Comment

Ro Raises $150M, Launches New Digital Clinic for Skincare

What You Should Know: - Ro raises $150M in new funding led by ShawSpring Partners, with participation from General Catalyst, FirstMark Capital, TQ Ventures, SignalFire, BoxGroup, The Chernin Group, Initialized Capital, Altimeter Capital, Baupost Group, and Seven Seven Six. - Ro also announced today the launch of Ro Derm -- a digital clinic for skincare and the latest Ro-branded offering following the launch of Ro Mind, a digital clinic for mental health, and Ro Pharmacy, a cash-pay online
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LifeSpeak To Acquire Wellbeats for up to $92.5M

by Fred Pennic 02/14/2022 Leave a Comment

LifeSpeak To Acquire Wellbeats for up to $92.5M

What You Should Know: - LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. As the leader in mental health and total wellbeing for employers, this acquisition enables LifeSpeak to meet the rapidly growing demand for a comprehensive, single-vendor solution that addresses both mental and physical health support needs. - Wellbeats, a Minnesota-based market-leading provider of an on-demand,
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Variantyx Secures $41.5M for Genetic Testing and Personalized Medicine

by Fred Pennic 02/14/2022 Leave a Comment

Variantyx Secures $41.5M for Genetic Testing and Personalized Medicine

What You Should Know: - Variantyx, a technology-driven precision medicine company providing advanced genomic testing for the rare genetic disorders, reproductive health, and precision oncology markets, today announced they have secured $41.5M in C-2 funding led by New Era Capital Partners and includes Peregrine Ventures, Robert Bosch Venture Capital, 20/20 HealthCare Partners, and Pitango HealthTech. - Founded in 2014, the Variantyx proprietary whole genome sequencing and analysis
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