What You Should Know:
- Health tech startup Ultrahuman has raised $17.5 million in Series B funding as it sets out to re-invent fitness-tech via its glucose tracking wearable that helps people improve their diet and exercise. The series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures, and Utsav Somani’s iSeed fund.
- Founded in 2020 by Mohit Kumar and Vatsal Singhal who were
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Virtual Health Clinic for Women & Families Maven Reaches $1B Valuation
What You Should Know:
- Maven, a New York City-based virtual health clinic for women and families announced it has raised $110M in Series D funding co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors Sequoia, Oak HC/FT, and Icon Ventures. Maven also welcomed Oprah Winfrey as an investor in its Series D round.
- This brings Maven’s total funding to more than $200M at a valuation north of $1B-- making them the only unicorn in women’s and
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Unite Us Acquires Health Analytics Platform Carrot Health
What You Should Know:
- Unite Us, a New York City-based company connecting health and social care services, today announced the acquisition of Carrot Health, an action-oriented health analytics company focused on removing barriers to health and optimizing care. Financial details of the acquisition were not disclosed.
- The combination of predictive analytics powerhouse Carrot Health and Unite Us’ end-to-end social determinants of health products will further deepen
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Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease
What You Should Know:
- Today, Ultromics, an Oxford, England-based health-tech startup announced it has raised $33M in Series B funding led by Blue Ventures, the investing arm of Blue Cross Blue Shield, and also includes investment from Optum Ventures, GV, and Oxford Sciences.
- Born at the University of Oxford and built-in partnership with the U.K.’s NHS, Ultromics has developed the first fully automated solution for echocardiography and analysis of global longitudinal strain (GLS).
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M&A: Labcorp Acquires Ovia Health to Expand Women’s Health Capabilities
What You Should Know:
- Labcorp has announced the acquisition of femtech startup Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy, and parenting. Financial details of the acquisition were not disclosed.
- The acquisition extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences, and fosters better dialogue between
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Reify Health Secures $220M to Go Beyond Decentralized Clinical Trials
What You Should Know:
- Reify Health, a Boston-based company paving the way to faster, predictable, and more accessible clinical trials, today announced it has raised $220M in a Series C funding round led by Coatue Management, joined by ICONIQ Growth and Adams Street Partners, as well as existing investors Sierra Ventures and Battery Ventures. This latest funding brings the company’s valuation to $2.2B.
- Reify Health has built a new foundation for how clinical trials are run through its
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Elektra Health Raises $3.75M for Evidence-Based Menopause Care
What You Should Know:
- Elektra Health, a new women’s health tech company on a mission to smash the menopause taboo, is announcing $3.75M in seed funding co-led by Alexis Ohanian’s Seven Seven Six and Flare Capital Partners, with participation from City Light Capital, January Ventures, Human Ventures, The Fund, Community Fund, and notable angels including Hannah & Guy Raz, Claire Diaz-Ortiz, Jenny Fielding, and others.
- With a mission to smash the menopause taboo, Elektra is the first
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Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform
What You Should Know:
Cadence, a New York City-based health IT company empowering care outside the four walls of the hospital announced its official launch with $41 million in funding and a foundational partnership with national healthcare company, LifePoint Health. The funding was led by General Catalyst and Thrive Capital.
- Cadence has built a breakthrough remote care management platform that will deliver better care to people managing chronic conditions at scale.
- As part of the
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Smile CDR Raises $20M to Expand FHIR-Driven Data Liberation Platform for Interoperability
What You Should Know:
- Smile CDR Inc. (Smile CDR), a Toronto-based health data storage and integration company, announced it has raised $20 million in Series A funding led by 30 North Group, a Seattle-based family office, and UPMC Enterprises.
- Founded in 2016, Smile CDR offers a suite of services that allow health systems, payers and hospitals to meet U.S. health information interoperability standards rapidly and securely. Smile CDR's data and integration platform includes a complete
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Cricket Health Secures $83.5M to Expand Value-Based Kidney Care Model to Health Plans
What You Should Know:
- Cricket Health, a San Francisco, CA-based provider of value-based kidney care with a clinically-proven approach to managing chronic kidney disease (CKD) and end-stage kidney disease (ESKD), today announced it has raised $83.5 million in Series B funding round led by Valtruis with a strategic investment from Blue Shield of California. The round also includes existing investors Oak HC/FT and Cigna Ventures, as well as K2 HealthVentures.
- This new funding will help
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