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

Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform

by Fred Pennic 05/12/2021 Leave a Comment

Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform

What You Should Know: - Jasper Health launched today as the first end-to-end care experience that navigates, connects, and provides actionable insights throughout the cancer journey for individuals with cancer, their caregivers, and providers. - Jasper combines an easy-to-navigate user interface with leading oncology support to help guide Jasper Members and caregivers through the myriad of challenges that arise post-diagnosis. United by a team of digital health experts, specialized
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DrFirst Raises $50M in Follow-On Equity Investment, Totals $135M

by Fred Pennic 05/12/2021 Leave a Comment

DrFirst Secures $50 Million Follow-on Equity Investment from Sixth Street to cap off $135M total in 2020-21

What You Should Know: - DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today the closing of a $50 million equity investment from Sixth Street Growth, a leading global investment firm. Following Sixth Street’s previous $35 million investment and another $50 million from Goldman Sachs Growth, both in 2020, DrFirst’s investment total over the past year is now $135 million. - The company’s solution is used by nearly 300,000 healthcare
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UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

by Jasmine Pennic 05/11/2021 Leave a Comment

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

What You Should Know: - UltraSight, an Israeli based digital health company focused on transforming cardiac sonography through the power of machine learning, announced today that it has closed a $13 million Series B funding round. - Cardiac sonography is a skill that takes years to develop.  It requires daily practice to achieve a high level of proficiency, resulting in a shortage of highly specialized professionals. UltraSight offers clinicians, with no prior sonography training, the
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Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

by Fred Pennic 05/11/2021 Leave a Comment

Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

- Memora Health, a San Francisco, CA-based virtual care delivery platform led by 24-year-old Manav Sevak announced a $10.5M round of funding led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman's Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated. - Manav was inspired to start the company as a pre-med student following doctors
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Florence Raises $80M to Expand Connectivity Platform for Clinical Trials

by Jasmine Pennic 05/06/2021 Leave a Comment

What You Should Know: - Florence, a site connectivity platform in clinical trials, today announced the close of a $80 million Series C funding round led by Insight Partners, a global venture capital and private equity firm focused on investing in ScaleUp software companies. Existing investors Fulcrum Equity Partners, Bee Partners, and Flashpoint also joined this round. - Based in Atlanta, GA, Florence is a global leader in remote connectivity and electronic document workflow management for
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Cellares Secures $82M to Automate Cell Therapy Manufacturing

by Fred Pennic 05/06/2021 Leave a Comment

Cellares Secures $82M to Automate Cell Therapy Manufacturing


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Vida Health Raises $110M to Expand Personalized Virtual Care Platform for Mental & Physical Health

by Fred Pennic 05/05/2021 Leave a Comment

What You Should Know:      - Vida Health, a personalized virtual care platform for physical and behavioral health, today announced it has raised $110M led by General Atlantic and global insurance giants Centene, and AXA Venture Partners. Returning investors include Ally Bridge Group, Yahoo founder Jerry Yang’s AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, and Workday Ventures. - Centene’s investment in Vida
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Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment

by Jasmine Pennic 05/05/2021 Leave a Comment

What You Should Know: - Groups Recover Together (Groups), a national leader in value-based care for opioid addiction treatment, today announced it has raised $60 million in Series C financing. Oak HC/FT led the round, joining existing investors Bessemer Venture Partners, Transformation Capital, RRE Ventures, Optum Ventures and Kaiser Permanente Ventures. - The latest financing will support the expansion of Groups’ treatment model from locations in 12 states to at least 17 states by the end
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Collective Health Raises $280M for Employer Health Benefits Platform

by Fred Pennic 05/04/2021 Leave a Comment

Collective Health Lands $250M to Simplify Employer-Sponsored Health Insurance

What You Should Know: - Collective Health, a San Francisco, CA-based provider of an employer-sponsored health insurance platform announced $280 million of funding in a Series F round led by Health Care Service Corporation (HCSC) along with existing investors DFJ Growth, Founders Fund, G Squared, Maverick Ventures, NEA, PFM Health Sciences, SoftBank Vision Fund 1, Sun Life, and others. - Founded in 2013 by Ali Diab and Rajaie Batniji, Collective Health’s integrated solution allows
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Bone Health Nabs $2.5M for Vibration Belt to Treat Osteopenia & Prevent Osteoporosis

by Jasmine Pennic 05/03/2021 Leave a Comment

Bone Health Nabs $2.5M for Vibration Belt to Treat Osteopenia & Prevent Osteoporosis

What You Should Know: - Bone Health Technologies, a San Francisco-based provider of technologies for improving bone health, announces today the close of its $2.5 million funding round and the appointment of three board members: Karen Drexler, MBA, Nancy Lynch, MD, MBA and Sam Goldberger, MD, MBA.  - 1 in 2 women and 1 in 4 men over 50 will suffer an osteoporosis related fracture. To address this rising issue, the company has created OsteoBoost, the first vibration belt specifically
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