Women’s health technology, known as Femtech, is one of the fastest-growing and well-funded categories of digital health. Femtech generally encompasses a range of digital health software and tech-enabled service providers that cater to the specific biological needs of women. These needs span from general health and wellness to reproductive health, including fertility, pregnancy, and nursing care.
Today, reproductive health is the focal point of femtech, thanks in part to the
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
OnShift, Inc. Acquires Talent Acquisition Software Provider Avesta Systems
- Healthcare human capital platform OnShift, Inc. acquires Avesta Systems, Inc., a talent acquisition software provider that streamline recruiting and hiring processes.
- The acquisition reinforces OnShift’s strategy to offer healthcare providers a modern, purpose-built software suite that redefines the employee experience.
In the continued expansion of OnShift’s next-generation
human capital management platform, the company today announced it has acquired
Avesta Systems, Inc., a
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Capital Rx Wins Top Award at Accenture HealthTech Innovation Challenge
- Capital Rx has been named first-place Innovation Champion and Carrot Health as second-place Top Innovator of the Accenture HealthTech Innovation Challenge.
- Capital Rx’s clearinghouse model connects pharmacies and employers to establish a marketplace for drug pricing to reduce costs and create a better experience for both plan sponsors and patients.
Capital Rx has been
named Innovation Champion of the Accenture
HealthTech Innovation Challenge, which recognizes innovative approaches
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Lumos Diagnostics Raises $15M to Expand Point of Care Diagnostic Solutions Internationally
- Lumos Diagnostics raises $15M in Series A funding to support the international expansion of its point of care diagnostic solutions.
- Lumos provides assay development and manufacturing services for customized POC tests as well as directly develops, manufactures and will commercialize a suite of proprietary Lumos-branded POC tests that focus on the systemic host immune response.
Lumos Diagnostics, a Sarasota, FL-based health IT company, today announced it has raised $15M in Series A
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Verana Health Acquires PYAA Analytics; Raises $100M to Expand Real World Data Insights
- Verana Health, a health tech company (in the real-world evidence and clinical trials space) is announcing a $100M funding round today — led by GV (with participation by Bain, Define, Brook Byers and others).
- Additionally, they acquired Knoxville-based PYAA analytics, a company spun out of Oak Ridge National Laboratory to leverage the PYAA team’s capabilities to integrate imaging, genomic, and claims data sources into the existing data platform and link these data with the EHR data
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Hinge Health Raises $90M to Expand Digital Musculoskeletal Care Solution
- Backed by Bessemer Ventures, Hinge Health raises $90M in a Series C financing round for its digital musculoskeletal care solution.
- The company plans to use the funding to expand across the MSK care continuum, accelerate employer and health plan market growth, and advance surgery prediction and member support.
Hinge Health, a San Francisco, CA-based digital musculoskeletal (MSK) solution, today announced a $90 million round of Series C funding led by Bessemer Venture Partners, with
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Star Trek-Inspired Bed for X-Ray Medical Imaging Raises $26M
- Israeli digital health startup Nanox raises $26M to support the commercialization and deployment of its Star Trek-inspired medical bed for end-to-end X-ray medical imaging service. - The Nanox System is composed of the Nanox.Arc, a novel digital X-ray device and the Nanox.Cloud, a companion cloud-based software that will be designed to provide an end-to-end medical imaging service. NANO-X IMAGING LTD. (“Nanox” or the “Company”), an Neve Ilan, Israel-based innovative medical imaging technology
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Health Scholars Nabs $17M to Expand Clinical Virtual Reality Training Platform
- Health Scholars, a Westminister, CO-based virtual reality healthcare training platform raises $17M in Series B funding. - Funding will be utilized for the expansion of clinical training simulations and virtual simulation technologies.Health Scholars, known for their VR simulations and cloud-based training platform utilized for management, delivery, and analysis of clinical training, is excited to announce the successful completion of a $17M round of fundraising with investments from Arboretum
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CLEW Lands $20M to Expand AI-Powered Critical Care Platform in the US Market
- CLEW closes a $20M Series B round of funding to scale US operations and commercialize CLEW’s critical care platform. - CLEW is a real-time AI analytics platform designed to help providers make better informed clinical decisions by predicting life-threatening complications across various medical care settings.CLEW, a digital health startup announced that it has successfully concluded its Series B funding, bringing the total capital raised to over $20 million. The round was led by Pitango
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Concerto HealthAI Raises $150M to Expand RWD Solutions for Precision Oncology
- Concerto HealthAI, a provider of real-world evidence (RWE) services for precision oncology raises $150M in Series B funding led by Declaration Partners. - Series B funding will power next-generation clinical research, accelerate breakthrough therapies, and improve patient outcomes. Concerto HealthAI, a Boston, MA-based provider of Real-World Data (RWD) and enterprise AI technology solutions for Precision Oncology raised $150 million in aggregate Series B financing. The round of financing was
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