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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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
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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Vera Whole Health Lands $50M from JP Morgan’s Morgan Health
What You Should Know:
- Today, Morgan Health, JPMorgan Chase’s business focused on improving employee healthcare, today announced a $50M investment in Vera Whole Health, a CD&R portfolio company that is leading the critical shift to value-based employer-provided healthcare across the United States.
- Vera is the only care model with the capability to deliver whole system health to a diverse patient population from a single care center. The Vera model is uniquely designed to help people
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Rad AI Startup Sirona Medical Emerges from Stealth with $22.5M, Partnerships
What You Should Know:
- Sirona Medical, a San Francisco, CA-based company founded on a deep understanding of both the practice and business of radiology, today announced partnerships with radiology practices across the country to develop and bring to market its novel radiology operating system (RadOS).
- Sirona's collaboration with five leading national practices including California Advanced Imaging Medical Associates (CAIMA), Hackensack Radiology Group, Triad Radiology Group, among
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ARTIS Ventures Announces 2021 Class of Healthcare and Life Sciences Fellows
What You Should Know:
- ARTIS Ventures (“AV”), a venture firm focused on pioneering investments in biotech, health, and life sciences, today announced the candidates chosen for the AV Fellows program. The year-long program includes a diverse group of nine fellows from across the world, chosen from more than 150 applicants currently enrolled in a Ph.D. or MD program (or postdoc/residency) with technical expertise ranging from computational biology, synthetic biology, microbiome engineering,
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Exo Raises $220M to Commercialize Handheld, Point-of-Care Ultrasound Device
What You Should Know:
- Exo (pronounced “echo”), a pioneering health information and devices company, announced it has raised $220M in Series C investment round led by RA Capital Management and joined by BlackRock, Sands Capital, Avidity Partners and Pura Vida Investments.
- The funding will fund the commercialization of its patented handheld medical device and its intuitive point-of-care ultrasound workflow solution, Exo Works. This brings Exo’s total funding to more than $320M.
Exo
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Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments
What You Should Know:
- Nina Capital, a health tech venture capital (VC) firm, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE, with an investment goal of EUR 40 ($47.4M).
- Nina Capital was founded in 2019 with its inaugural fund, Nina Capital Fund I FCRE, which reached its maximum size of EUR 18 million (USD 21.3 million). In less than two years, Nina Capital has created an international portfolio of 23 companies in the
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SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform
What You Should Know:
- SonderMind Inc., a Denver, CO-based provider in improving mental health clinical outcomes and making behavioral health more accessible to all Americans, today announced it has raised $150M in Series C financing co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart, and F-Prime Capital.
- For mental health providers, SonderMind enables clinicians to
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