Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reached $2B in funding across 156 deals in Q3 2019, according to market research firm Mercom Capital Group. The 9M & Q3 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals global venture capital reached $7.2B over 474 deals in the first nine months of 2019 compared to $8B in 556 deals in 9M 2018. In Q3 2019, Digital Health companies raised $2B in 156
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases
- UK startup Healx lands $56M, led by Atomico to build an AI-driven clinical-stage portfolio for rare diseases, including treatments for fragile X syndrome, the leading genetic cause of autism.
- Healx’s Rare Treatment Accelerator program is a new initiative launched in close partnership with patient communities to identify clinic-ready treatments for rare diseases within 24 months.
Healx, a Cambridge, England-based AI-powered and patient-inspired technology company specializing in
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Intermountain Ventures Invest in Omada Health to Expand Relationship
- Intermountain Ventures, the strategic investment arm of Intermountain Healthcare has invested in digital care leader Omada Health. - The announcement expands the relationship with Intermountain Healthcare that began five years ago in 2016 and comes off the heels of Omada’s recent $73M funding round. - The Omada Program became a covered benefit for Intermountain employees and their adult dependents in 2019.Today, Omada Health announced a milestone investment from Intermountain Ventures, the
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Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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BrainCheck Nabs $8M for Cognitive Health Tracking for Seniors and Families
- BrainCheck closes $8M in Series A funding round to empowers physicians with a better way to assess cognitive impairment & dementia. - Comprehensive cognitive health solution transforms assessment and treatment of patients with cognitive impairment, including the 10% of seniors with dementia, and enables physicians to deliver personalized treatment plans. - BrainCheck will utilize the new funds to grow its footprint among physician groups and continue to expand into enterprise healthcare
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BiomeSense Nabs $2M to Expand Daily Gut Microbiome Tracking Platform
- BiomeSense raises $2M in seed funding to expand its biosensor and analytics platform for daily gut microbiome tracking. - The company is working on completing its prototype biosensor and data modeling platform in preparation for the first clinical trials, scheduled for 2020.- The trials will investigate cancer progression, immunotherapy response, surgical recovery and athletic performance.BiomeSense, a Chicago, IL-based microbiome startup developing a novel biosensor and analytics platform for
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Mon Ami Lands $3.4M to Tackle Social Isolation in Aging with Companions
- Mon Ami raises $3.4M in seed funding led by Freestyle Ventures and Cowboy Ventures to tackle social isolation in aging.
- By pairing older adults with college students for social visits, Mon Ami's marketplace focuses on life enrichment, not just life extension and fills a much-needed gap in the home care service industry.
Mon Ami, a Palo Alto, CA-based digital health company tackling social isolation in aging, today announced the closing of its $3.4M seed financing led by Freestyle
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AI-Powered ED Platform Vital Inks Pilot with Emory Healthcare Innovation Hub
- Vital launches pilot program with Emory Healthcare Innovation Hub for its AI-powered emergency department platform.
- Vital will deploy it’s ED platform in the emergency departments of Emory University Hospital, Emory Johns Creek Hospital, Emory University Hospital Midtown, and Emory Saint Joseph’s Hospital.
- The pilot program marks the first partnership out of the Emory Healthcare Innovation Hub.
Vital, an Atlanta, GA-based AI-powered software increasing productivity and
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare
- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry.
- The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients.
- A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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Q3 2019 Digital Health Funding Levels Off At $1.3B, Rock Health Reports
- New Rock Health report finds digital health funding reaches $1.3B in Q3 2019 for a total of $5.5B year to date. - Large digital health funding round are driving the overall funding trend in digital health with the average deal size at $20.9M, in line with 2018’s $21.7M average deal size. - Rock Health projects the number of digital health deals in 2019 will be 5-10% lower than in 2018.Digital health funding reached a total of $1.3B in Q3 2019 for a total of $5.5B year to date, leveling off
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