What You Should Know
The Funding: Salvo Health has raised an $8.5M Series A led by ManchesterStory, City Light Capital, and Threshold Ventures, following a breakout year where revenue grew by 800%.The Model: Unlike direct-to-consumer telehealth apps that compete with local doctors, Salvo has signed 16% of all independent U.S. gastroenterologists to its platform, acting as a "wraparound" support layer for existing clinics.The Impact: The hybrid model—combining AI with human dietitians and
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Alaffia Health Raises $55M to Fix Claims Waste with “Agentic AI”
What You Should Know
The Funding: Alaffia Health has raised a $55M Series B led by Transformation Capital, bringing its total funding to over $73M.The Tech: The company uses "Agentic AI"—autonomous software paired with human clinicians—to forensically audit medical claims against patient records, targeting the estimated $570 billion in annual administrative waste.The ROI: Unlike "black box" automated solutions, Alaffia’s transparent model has already saved health plans over $100M, delivering
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The “Agentic” Erasure of Admin Work: Synthpop Raises $15M to Automate Healthcare’s Back Office
What You Should Know
The Funding: Synthpop has raised a $15M Series A led by Ansa Capital, bringing its total funding to $23M. Strategic investors include former Humana CEO Bruce Broussard.The Tech: The company is building an "agentic" automation platform that combines document intelligence, voice agents, and payer-aware reasoning to handle complex tasks like prior authorizations and claims follow-ups.The ROI: Early customers report that workflows which historically took 40 minutes are now
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Indigo Raises $50M to Automate Medical Malpractice Insurance
What You Should Know
The News: Indigo, an AI-driven medical professional liability platform, has raised $50M in an oversubscribed Series B financing led by Rubicon Founders, with participation from Town Hall Ventures and Optum Ventures.The Tech: The company uses a proprietary AI platform called "Lux" to automate the complex underwriting process for medical malpractice. By the end of 2025, the platform was automatically underwriting 20% of all submissions.The Scale: Founded in 2023, Indigo has
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Prenosis Secures $40M to Build the Precision Medicine Network for Critical Care
What You Should Know
The News: Prenosis has secured a combined $40M in new capital—split evenly between a $20M Series A led by PACE Healthcare Capital and a $20M federal contract from BARDA.The Tech: The funding supports the commercial rollout of Sepsis ImmunoScore® (the first FDA-authorized AI diagnostic for sepsis) and the development of a "comprehensive precision medicine platform" for conditions like pneumonia and ARDS.The Trial: The BARDA contract funds a massive randomized controlled
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Biology: Cellares Raises $257M to Industrialize Cell Therapy
What You Should Know
The News: Cellares has raised $257M in Series D financing, bringing its total capital to $612 million. The round was co-led by BlackRock and Eclipse.The Tech: Cellares is building the world's first IDMO (Integrated Development and Manufacturing Organization). Its Cell Shuttle™ and Cell Q™ platforms fully automate the manufacturing and quality control of cell therapies, replacing "artisanal" manual processes.The Scale: The company claims its automated "Smart Factories" can
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NJEDA Bets $12.5M on Medtech and Maternal Health Startups in New Jersey
What You Should Know
The Investment: The New Jersey Economic Development Authority (NJEDA) has approved a $12.55M commitment to launch two new Strategic Innovation Centers (SICs) focused on medical technology and maternal health.The Hubs: The initiative creates NJ AIM in Camden/Mullica Hill for general medtech and New Baby New Jersey in Trenton for maternal and infant health solutions.The Engine: Both programs will be managed by global accelerator giant Plug and Play, aiming to graduate two
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4DMedical Secures $100M+ to Scale U.S. Respiratory Imaging Rollout
What You Should Know:
- 4DMedical, the leader in software-based respiratory imaging technology, today announced US$100+ million (AU$150 million) in new institutional placement.
- The investment will primarily be leveraged to accelerate U.S. adoption of its class-leading "CT:VQ™" product and significantly boost research and development—bolstering 4D's technology lead in software-based lung imaging. Backed by new institutional funding, 4DMedical is advancing its respiratory imaging
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AnswersNow Secures $40M to Disrupt Broken Autism Support Systems
What You Should Know:
- AnswersNow, the leader in virtual Applied Behavioral Analysis (ABA) therapy, today announced that it has raised $40 million in Series B funding led by HealthQuest Capital, with participation from existing investors Left Lane Capital, Owl Ventures, and others.
- AnswersNow delivers clinically proven outcomes in one-sixth the hours of traditional therapy, creating substantial cost savings for payors while delivering superior results for families.
AnswersNow Scales
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How Crossroads Health Ventures’ $21M Fund Accelerates Indiana Life Sciences
What You Should Know
The News: Crossroads Health Ventures (CHV) has launched a new early-stage venture fund with over $21M in capital to support Indiana-based life sciences startups.The Backers: The fund represents a rare collaboration between the state (IEDC), academia (Indiana University), and three global industry leaders: Eli Lilly (human health), Elanco (animal health), and Corteva (plant health).The Strategy: CHV aims to bridge the early-stage funding gap for companies operating
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