What You Should Know:
- Sprinter Health, a company specializing in delivering in-home clinical services secures $55M in Series B funding led by General Catalyst, with significant participation from Andreessen Horowitz (a16z) Bio + Health, and other existing investors including the Regents of the University of California, Google Ventures, and Accel.
- This latest investment brings Sprinter Health's total funding to over $125M since its founding in 2021. Sprinter Health's mission
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Akido Labs Secures $60M to Expand AI-Powered ScopeAI and Tackle Physician Shortage
What You Should Know:
- Akido Labs, Inc. (“Akido”), an AI and care delivery company dedicated to reimagining healthcare raises $60M in Series B funding led by Oak HC/FT, with participation from Greco, SNR, and existing investors including Y Combinator, Future Communities Capital, Jeff Dean (Chief Scientist, Google DeepMind & Google Research), and the Comprehensive Blood & Cancer Center.
- The investment will be channeled towards expanding the reach and capabilities of Akido’s
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SpotitEarly Enters U.S. Market with $20.3M for AI & Canine-Powered Cancer Test
What You Should Know:
- SpotitEarly, a biotech company pioneering a non-invasive approach to early cancer detection, has officially launched its U.S. operations following a $20.3 million funding round.
- The company aims to revolutionize cancer screening through its breath-based diagnostic platform, which integrates advanced AI with canine scent detection to identify cancer-associated volatile organic compounds (VOCs) with 94% accuracy, as demonstrated in a 1,400-participant trial
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Cohere Health Secures $90M to Expand AI-Powered Platform Transforming Health Plan Clinical Decision-Making
What You Should Know:
- Cohere Health®, a leader in clinical intelligence solutions tailored for health plans and risk-bearing providers raises $90M in a Series C funding round led by Temasek, with continued strong support from existing investors including Deerfield Management, Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. This latest round brings Cohere Health's total funding to an impressive $200M.
- The infusion of new capital is earmarked to
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PhaseV Closes $50M to Advance AI Clinical Development
What You Should Know:
- PhaseV, a company at the forefront of applying artificial intelligence (AI) and machine learning (ML) to clinical development raies $50M in Series A funding round co-led by Accel and Insight Partners, with participation from existing investors Viola Ventures, EXOR, and LionBird. This round brings PhaseV's total funding to date to $65M.
- The new capital is earmarked to fuel PhaseV’s mission to support pharmaceutical companies, biotech firms, and contract
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Complement 1 Secures $16M for Clinically Validated Cancer Lifestyle Modification Platform
What You Should Know:
- Complement 1, a health technology startup pioneering personalized lifestyle medicine for cancer care, has announced a $16 million oversubscribed seed funding round led by Owl Ventures and Blume Ventures.
- Emerging from stealth, the company is launching the first tech-enabled, clinically validated lifestyle modification platform for cancer patients and high-risk individuals. The platform delivers daily, personalized guidance through one-on-one support from
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Celery Secures $6.25M Automate Financial Controls with AI
What You Should Know:
- Celery, a financial operations platform leveraging artificial intelligence to automate internal controls secures $6.25M in seed funding led by Team8 Capital, with participation from Verissimo Ventures, Centre Street Partners, 97212 Ventures, and several strategic angel investors. This latest round brings Celery's total funding to $9M.
- The company was co-founded by Brot, a former startup CEO; Noam Slomianko, a serial entrepreneur and cybersecurity expert; and
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Olio Secures $11M to Scale Care Coordination Platform
What You Should Know:
- Olio, a software platform dedicated to streamlining care coordination raises $11M in Series B funding round led by Fulcrum Equity Partners, with significant participation from Mutual Capital Partners (MCP), a growth equity firm specializing in scaling innovative healthcare and B2B software companies.
- This new capital infusion is earmarked to expand Olio's product offerings and accelerate its go-to-market initiatives, thereby deepening its impact on
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UPMC Enterprises, Redesign Health Launch Glimmer Health to Transform Chronic Pain Management in Primary Care
What You Should Know:
- Glimmer Health, a new company designed to empower primary care physicians with effective and comprehensive chronic pain management solutions, was officially unveiled today by UPMC Enterprises and Redesign Health. This marks the second innovative healthcare company funded and launched through the partnership between the venture capital arm of UPMC and the New York-based company creator.
- Glimmer Health aims to address the significant burden of chronic pain,
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Mentaily Secures $3M for AI-Powered Mental Health Assessment Tool, LIV
What You Should Know:
- Mentaily, a company developing AI-powered tools for mental health assessment, triage, and the diagnosis of mental disorders secures $3M seed funding round led by a US-based family office and Israeli family offices, with significant participation from impact funds The Rashi Foundation and Sheatufim, alongside prominent digital health angel investors.
- Founded in 2024, Mentaily is focused on addressing complex mental health needs, particularly those emerging in
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