A new health IT startup focused on patient safety and real-time medication surveillance through advanced machine learning, MedAware, announced today that they have secured Series A funding. As a provider of algorithm-rich solutions for the detection and elimination of prescription errors, MedAware raised $8 million in Series A funding with participating investors including BD (Becton, Dickinson and Company), Gefen Capital, OurCrowd and Yingcheng City Fubon Technology Co. In
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Phil Lands $10M to Expand End-to-End Prescription Delivery Service App
Phil, a San Francisco, CA-based end-to-end prescription management and delivery service connecting patients with local pharmacies has raised $10 million in funding led by Crosslink Capital. The round also includes participation from Eniac Ventures, Softtech VC, Forerunner Ventures, SV Angel, Silicon Valley Bank, and Transmedia Capital.Founded in 2015, Phil connects users with community-based pharmacies to eliminate the frustration that can be associated with the prescription refill process
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Lyra Health, Welkin Health Partner to Develop Personalized Care for Behavioral Health Needs
Lyra Health, a digital health company transforming access to behavioral health in the workplace, has partnered with digital health startup Welkin Health to develop an end-to-end solution that will strengthen Lyra's work providing timely and personalized care for employers, and their employees in need of behavioral health services.Welkin’s configurable case management platform consolidates email, text, and phone communications between patient and care provider, creating a comprehensive overview
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Happify Health Raises $9M To Expand Evidence-based Emotional Health Platform for Employers & Health Plans
Happify Health, a New York City-based provider of evidence-based emotional health software solutions for employers and health plans has raised $9 million in funding led by TT Capital Partners (“TTCP”) with participation from existing investors. The company plans to use the funding to increase infrastructure support and expand its digital platform that provides clinically tested, highly personalized behavior change interventions for use across the emotional health continuum. Founded in 2012,
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Google Acquires Mobile Health Monitoring Startup Senosis Health
Google has acquired Senosis Health, a Seattle, WA-based mobile health monitoring startup that develops apps to measure, diagnose, and manage diseases, GeekWire first reports. Co-founded by Prof. Shwetak Patel at the University of Washington’s (UbiComp) research lab, Senosis Health mobile apps collects health metrics to diagnose pulmonary function, hemoglobin counts and other critical health information.Together with four other clinicians, researchers and tech transfer experts, the company’s
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Health Invest Finland Raises $1.5M for Smart Wearable Device for Elder Care
Health Invest Finland Oy, a digital health firm has raised $1.5 million in funding led by Finnish funds Kuus Invest Oü, Viavan Oy, and European business angel investors. The company plans to utilize the funding to accelerate the deployment of it’s My+Care™ (MyPlusCare) cloud-based health and wellbeing service solution targeted for the elderly care market globally.According to the United Nations Department of Economic and Social Affairs, the number of elder persons (aged 65 years or over) is
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Welltory Raises $1M to Expand Stress Management App
Welltory, a New York based digital health startup working on a stress & energy management app, has raised $1 million in seed funding from business angels. The company plans to utilize the funding from the seed round to launch the next version of their app.Founded in 2014 by co-founders Alexander Lyskovsky, Jane Smorodnikova and Pavel Pravdin, Welltory’s stress and energy management app let users see how lifestyle changes - morning meditation, working from home, or a diet change - affect
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Newtopia Secures Patent for Hyper-Personalized Disease Prevention Platform
Newtopia, a precision health company focused on building highly personalized disease prevention programs has been awarded a patent for its novel and hyper-personalized disease prevention platform. Newtopia partners with insurers, employers and brands to offer disease prevention and management programs to risk-assessed individuals that deliver proven sustainable outcomes, quantifiable cost savings and a substantive ROI. Newtopia’s patent, U.S. Patent 9,554,754, is a system, method and computer
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Buoy Health Lands $6.7M to Expand AI-Powered Symptom Checker to Providers, Payers
Buoy Health, a Boston, MA-based digital health startup has raised $6.7M in Series A funding led by F-Prime Capital Partners and an undisclosed strategic investor. The round also included participation from FundRx, Jack Connors, and other angel investors.Formed out of the Harvard Innovation Laboratory in 2014, Buoy Health’s artificial intelligence-powered online symptom and cure checker leverages an intelligent algorithm backed by medical data to diagnose patients. Designed to resemble an
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Groove Health Lands $1.5M to Improve Medication Adherence Using Predictive Analytics
Groove Health, a Chicago, IL-based digital health startup has raised $1.6 million to help expand its data-driven medication adherence platform for health insurance companies, hospital systems, and self-insured employers. Investors of the seed round were not disclosed.Founded in 2016, Groove Health partners with healthcare enterprises to provide value-added analytical insights and targeted outreach programs that increase medication adherence rates in chronically-ill populations. The company’s
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