What You Should Know:
- Variantyx, a Boston-based provider of high complexity hereditary disease testing, today announced that they secured $20M in funding for their Whole Genome Sequencing (WGS)-based testing methodology, an advanced genetic testing method currently used to diagnose rare inherited and neurological disorders. The series C funding round was led by GHS Fund (Quark Venture LP and GF Securities) and includes new investor, IBM Ventures and current investors, Pitango
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
100Plus Raises $25M for Remote Patient Monitoring Platform
What You Should Know:
- 100Plus, a Remote Patient Monitoring (RPM) platform for doctors and their patients, announced series seed investments totaling $25M, led by Henry Kravis, George Roberts, and other super angel investors.
- 100Plus is an RPM solution that helps physicians remotely monitor patients and provides data that informs clinical decisions throughout their course of care, which can lead to better outcomes and cost avoidance. 100Plus is the only RPM product to utilize
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bene : studio Launches HealthTech Product Accelerator Starting April 1st
What You Should Know:
- bene : studio, a San Francisco, CA-based global digital product consultancy, announced its non-equity, online HealthTech Product Accelerator, starting on April 1st. The accelerator will focus exclusively on the enhancement of the participating companies' design and technology.
- This accelerator is tailored to advanced Health Tech startups with $1M+ yearly revenue or overall funding, with programs including, but not limited to, Telehealth, IoMT devices, Biotech, and
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Reperio Health Raises $6M to Expand At-Home Wellness Kits to Employer Market
What You Should Know:
- Portland, Oregon-based Reperio Health announced it has raised $6M in seed funding co-led by Caduceus Capital Partners in Nashville, Tenn., and Rogue Venture Partnersin Portland, Ore., with additional investment from Liquid 2 Ventures and G Ventures, both out of the San Francisco Bay Area.
- Reperio’s patent-pending at-home health assessment brings a broad range of screenings right to peoples’ doors.
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Exscientia Secures $100M To Expand AI Drug Discovery Platform
What You Should Know:
- Exscientia, leading AI drug discovery company, today announced that it completed its $100 million Series C financing round, with a further $30 million investment from Blackrock.
- This new capital, which will be used to support Exscientia's platform development and proprietary pipeline, follows Exscientia’s demonstrated high growth, having announced earlier this year that the first ever precision engineered drug designed using AI had entered Phase I human clinical
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CorVista Health Nabs $65M for Non-Invasive Cardiac Diagnostic Platform
What You Should Know:
- CorVista Health, a Toronto-based digital health company dedicated to improving cardiovascular disease diagnosis, announced it has closed a $65 million Series C financing, bringing the total funding to nearly $100 million.
- This significant capital provides a runway for ongoing research, development and commercialization efforts for CorVista® System, the company’s non-invasive, point-of-care solution that allows physicians to rapidly test for heart disease.
- The
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Canadian Online Pharmacy PocketPills Nabs $30M to Fuel Same Day Delivery Nationwide
What You Should Know:
-PocketPills, Canada’s largest and fastest-growing online pharmacy, announced it has raised $30M in Series B funding, led by TELUS Ventures. The investment will be used to broaden PocketPills’ product offering and further accelerate its national expansion, with facilities opening in Quebec and Alberta that will help achieve its goal of nationwide same-day delivery.
- PocketPills is a technology-first online pharmacy, and its research and development team of 30
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DispatchHealth Reaches $1.7B Valuation, Raises $200M for In-Home Care Model
What You Should Know:
- DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion.
- DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
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Cipher Skin Lands $5M for Mesh Network of Sensors to Capture Movement
What You Should Know:
- Denver-based data startup, Cipher Skin, today announced its $5 million Series A, led by the Boyett Group with participation from Draper Capital, Tribe Capital and TKC Capital to grow its product line and expand into new markets.
- Founded in 2017, Cipher Skin’s first-of-its-kind, patented, sensor technology, Cipher Mesh, wraps around patients’ body parts—allowing doctors, PTs, and human performance professionals to collect detailed data of the body in motion
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Health Gorilla Nabs $15M to Expand FHIR-based APIs for Digital Health
What You Should Know:
- Health Gorilla raises $15M to scale its FHIR-based API solutions for digital health and expand into new markets.
- Health Gorilla will introduce new APIs to enable consumer access to medical records, payer-to-payer data sharing, and data quality assessments.
Health Gorilla, a Sunnyvale, CA-based provider of healthcare APIs, today announced it has raised $15 million in Series B financing co-led by IA Capital and Nationwide, with participation
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