What You Should Know:
- Ginger announces $50 Million in Series D funding to expand
access to its on-demand mental healthcare system led by Advance Venture
Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing
investors.
- Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans.
Ginger, a San Francisco, CA-based provider of
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Sight Diagnostics Nabs $71M to Expand FDA-Cleared Finger-Prick Blood Analyzer
What You Should Know:
- Sight Diagnostics, the company behind the first
FDA-approved fingerstick Complete Blood Count analyzer, announced it has raised
$71 million in Series D funding from leading strategic investors including Koch
Industries, OurCrowd, and others.
- The Series D round – which more than doubles the
company’s total funding to date – will support the expansion of Sight’s
commercial operations globally, with a specific focus on the US and UK, and
advance its R&D into the
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Digital Therapeutics Company DarioHealth Raises $28M to Expand Market Share
What You Should Know:
DarioHealth raises $28M in institutional financing
intended to finance growth of their digital therapeutics B2B market share with
employers, health insurance plans, and healthcare providers.
The company sold 2,969,266 shares of common stock and, to
certain investors in lieu thereof, pre-funded warrants to purchase 824,689
shares of common stock at an exercise price of $0.0001 per share.
DarioHealth Corp.
(Nasdaq: DRIO), a pioneer in the global digital therapeutics
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Lemonaid Health Raises $33M to Expand On-Demand Consumer Telehealth Platform
What You Should Know:
- Lemonaid Health, a direct to consumer telehealth company raises $33M in Series B funding to expand the company’s medical team and number of services being offered to patients.
- To date, the company has treated more than a million patients
online for a variety of medical conditions ranging from erectile dysfunction to sinus infections
to depression and anxiety for roughly $25/visit (less than a typical co-pay).
Lemonaid Health,
a convenient, affordable,
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Sprout Launches with $10M to Power Tech-Enabled In-Home Autism Care
What You Should Know:
- Sprout, a tech-enabled platform pioneering the future
of autism care, launches today with $10M in funding to solve the broken,
outdated, and costly process families face when seeking care for children.
- Sprout offers free autism assessments, matches children with world-class therapists for in-home individualized treatment plans unique to their needs, and equips parents with a software-enabled experience to manage their child’s care, while also sharing a
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Roundtrip Nabs $4M to Scale Non-Emergency Medical Transportation Marketplace
What You Should Know:
- Digital transportation marketplace startup Roundtrip
raises $4M led by Motley Fool ventures, bringing its total funding to $10.5M.
- The company plans to use the funding to geographically scale and specialize its sales, implementation, and account management model, expand its health plan portfolio and technology integration capabilities.
Roundtrip,
a Philadelphia, PA-based digital transportation marketplace for better health
outcomes, announced the completion
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Cohere Health Launches with $10M to Increase Transparency Across Care Journey
What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery
What You Should Know:
- Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability.
- ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories
What You Should Know:
- Same day
pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand
into new U.S. territories and accelerate its technology roadmap, transforming
the way consumers get their prescriptions.
-
NowRx’s competitive
advantage is its proprietary pharmacy management system, which leverages AI and
robotics to fill and deliver prescriptions in record time, including
interfacing with insurance, checking for drug
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Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology
What You Should Know:
- Caption Health raises $53 million series B round to
fuel commercialization and expansion of its FDA-approved AI ultrasound
technology. This is on the heels of its receiving FDA clearance, designated as
a breakthrough technology to fight against COVID-19.
- As ultrasounds, especially cardiac ultrasounds, have
become increasingly important during a time of COVID when resources are
stretched, using AI to help more healthcare professionals take high-quality
images is
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