Lyra Health, a Burlingame, CA-based digital health startup has raised $45 million in Series B funding to expand access to effective mental healthcare for companies and their employees. The round included participation from new investors Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital with existing investors including Greylock Partners, Venrock, and Providence Ventures. The company plans to use the latest round of founding to develop technology that improves treatment outcomes
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
mPulse Mobile Lands $11M, Launches Activation Intelligence Solution to Drive Behavior Change
mPulse Mobile, a provider of mobile solutions to drive healthy behavior change has raised $11 million in Series B funding led by SJF Ventures including existing investors HLM Venture Partners, EchoHealth Ventures, OCA Ventures, and Bonfire Ventures. That latest round brings the company’s total funding to date to over $25 million. In addition to the Series B funding, the company announced the launch of its Activation Intelligence product, which delivers on the promise of personalized health
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98point6 Launches AI Driven, On-Demand Primary Care Service in 10 States
After three years of R&D and a year of beta, 98point6 has announced the launch of its on-demand primary care service to deliver personalized consultation, diagnosis and treatment to patients across the country. The on-demand primary care platform combines innovative AI technology with board-certified physicians to deliver affordable and high-quality care right to a patient's smartphone. On-Demand Primary Care with Digital Platform Primary care is a necessity for all, serving as the front
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Allscripts to Acquire Mobile Patient Engagement Platform HealthGrid for $60M
Allscripts has signed a definitive agreement to acquire HealthGrid Holding Company, a mobile enterprise patient engagement platform business for $60 million. Once the The acquisition will expand the Allscripts FollowMyHealthplatform portfolio, the company’s patient engagement solution focused on connecting patients with providers. The added functionality will enable providers to reach 100% of their patient populations without requiring patients to sign up for a portal. Instead, the new
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7wireVentures Launch $100M Connected Consumer Health Fund with Coalition of Healthcare Organizations
7wireVentures is an early stage healthcare venture firm based in Chicago has closed a $100 million fund and formed a coalition with eight healthcare provider and plans dedicated to investing in companies that use technology to help consumers get and stay healthy. The coalition of leading healthcare service organizations include Allina Health, Arkansas BlueCross BlueShield, Bon Secours Health System, Cigna, Horizon Blue Cross Blue Shield of New Jersey, Memorial Hermann Health System, Rush
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HHS Launches KidneyX to Drive Innovation in Kidney Disease Treatment
The U.S. Department of Health and Human Services (HHS) is teaming up with American Society of Nephrology to launch the Kidney Innovation Accelerator (KidneyX), a a public-private partnership to accelerate innovation in the prevention, diagnosis, and treatment of kidney diseases. KidneyX will engage a community of researchers, innovators, and investors to enable and accelerate the commercialization of therapies to benefit people with and at risk for kidney diseases through a series of prize
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iBeat Closes Additional $5.5M to Bring Wearable Heart Monitoring Smartwatch to Market
iBeat, makers of the heart monitoring smartwatch wearable that perpetually monitors and detects cardiac arrest, heart attack, and atrial fibrillation has closed another $5.5 million in seed funding, bringing to the total funding round to $10 million. The second tranche of funding includes new investors Kairos, 8VC, City Light Capital, Plug and Play Ventures, ChinaRock Capital Management, as well as angel investors Tony Robbins, Josh Kazam, Shlomo Ben-Haim, Dr. Fred St. Goar, and Dr. Uma
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EXL Acquires Payment Integrity Company SCIO Health Analytics for $240M
EXL, an operations management and analytics company has signed an agreement to acquire SCIO Health Analytics, a West Hartford Connecticut-based leading healthcare analytics solution and services company for $240 million, excluding adjustments for cash, debt, and working capital. SCIO has been focused on using next-generation analytics to help payers, providers, and life sciences organizations make the transition to value-based care, improve revenue, reduce financial loss, uncover fraud, waste,
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SwipeSense Acquires Mobile App iScrub Lite for Recording Hand Hygiene Observations
SwipeSense, a Chicago-based healthcare technology company, today announced the acquisition of iScrub Lite, the leading mobile app for hand hygiene observation. Originally conceived and developed by the Computational Epidemiology Research Group at the University of Iowa, iScrub Lite was launched to simplify the time-consuming and error-prone process of recording hand hygiene observations and sharing the results with health care professionals. In fact, the CDC has recommended iScrub Lite as a part
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Catchwind Innovations Partners with VantEdge Ventures to Foster Medical Innovation
Catchwind Innovations, a Minneapolis-based healthcare innovation company, and VantEdge Ventures, a Chicago-based innovation firm and venture fund, have announced a strategic partnership to foster medical innovation. Catchwind Innovations accelerates and provides visibility to the development path for healthcare technology and medical device startups from concept to commercialization. Its proprietary system and revolutionary approach connects entrepreneurs at any stage to the expertise, resources
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