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
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
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
Read More
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
Read More
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
Read More
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
Read More
Dreamit Health Appoints Adam Dakin As Managing Director of Health
Digital health startup accelerator and venture fund Dreamit Health has appointed Adam Dakin as the new Managing Director of Health. In his new role as Managing Director, Dakin will focus on the development and acceleration of cutting-edge early stage digital health medical startups from around the world.Prior to joining Dreamit, Adam served as CEO of PhotoSonix Medical, a company he co-founded that is developing a consumer device for acne. Previously, he served as the CEO of Bioconnect Systems
Read More
Fruit Street Health Lands $3M to Expand Telehealth Platform for Lifestyle & Obesity Medicine
Fruit Street Health, a NYC-based provider of HIPAA-Compliant telehealth software for lifestyle and obesity medicine has raised $3M in funding led by Dr. Jeremy Tucker, a senior emergency medicine physician who sits on the board of directors of Fruit Street, with participation from other physician investors. The latest round brings the total number of physicians who have invested in the company to over 200.Founded in 2014, Fruit Street provides telehealth software to healthcare providers allowing
Read More
Circulation Raises $10.5M to Expand On-Demand Medical Transportation
Circulation, a Boston, MA-based on-demand provider of non-emergency healthcare transportation has raised $10.5 million in Series A funding co-led by Flare Capital Partners and The Providence Service Corporation. The round also includes participation from Boston Children’s Hospital, Echo Health Ventures (a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions), Intermountain Healthcare Innovation Fund (a strategic investment vehicle of Intermountain Healthcare, managed by
Read More
PhysIQ Raises $8M to Expand Personalized Physiology Analytics for Patient Insights
PhysIQ, a provider developing solutions that leverage artificial intelligence (AI) to empower digital health for ambulatory patient monitoring and clinical trial support has raised $8 million in Series B funding led by 4490 Ventures. The round also includes participation from Global Health Sciences (GHS) Fund through Quark Venture Inc. and GF Securities, along with existing investor LionBird and others. The company plans to utilize the latest round of funding to support of the commercial launch
Read More
Internet Brands to Acquire WebMD for $2.8B: 5 Things to Know
Internet Brands, a KKR portfolio company has agreed to acquire WebMD Health Corp. for approximately $2.8 billion in cash. The WebMD Health Network includes WebMD.com, Medscape.com, MedicineNet.com, eMedicineHealth.com, RxList.com, OnHealth.com, Medscape Education (Medscape.org) and other WebMD owned sites and apps.Here are five things to know about the deal:1. As part of the acquisition, Internet Brands will pay $66.50 per WebMD share to be paid in cash upon completion of the
Read More
