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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

by Fred Pennic 08/05/2020 Leave a Comment

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

by Jasmine Pennic 08/03/2020 Leave a Comment

DarioHealth Launches Digital Diabetes Program on Walmart.com

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

by Fred Pennic 07/31/2020 Leave a Comment

Lemonaid Health Closes oversubscribed $33M Series B to expand telehealth services

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

by Jasmine Pennic 07/21/2020 Leave a Comment

Sprout Launches with $10M for 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

by Fred Pennic 07/21/2020 Leave a Comment

Roundtrip digital 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

by Fred Pennic 07/16/2020 Leave a Comment

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

by Fred Pennic 07/16/2020 Leave a Comment

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

by Fred Pennic 07/16/2020 Leave a Comment

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

by Fred Pennic 07/15/2020 Leave a Comment

GE HealthCare to Acquire Caption Health

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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GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement

by Fred Pennic 07/15/2020 Leave a Comment

Cleveland Clinic, GYANT Partner to Drive Post-Discharge Engagement

What You Should Know: - GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement. - The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth. - Current customers include Intermountain Healthcare, OSF Healthcare, Adventist Health, Health First, Integris, etc. GYANT, a San Francisco, CA-based care navigation
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