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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions

by Jasmine Pennic 06/25/2024 Leave a Comment

INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions

What You Should Know:  - INVI MindHealth, a leading mental health technology company raises $1.5M in Series Seed funding round. This investment will fuel advancements in their mobile application, focusing on user experience and integrating expert content on various mental health topics and solutions.  - Additionally, funds will be allocated to developing "Overwatch," a robust dashboard tool designed to empower team leaders in monitoring and supporting their members'
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Zing Coach Raises $10M to Expand AI-Powered Fitness Coach

by Fred Pennic 06/21/2024 Leave a Comment

Zing Coach Raises $10M to Expand AI-Powered Fitness Coach

What You Should Know:  -  Zing Coach, a health-tech leader backed by Palta, has secured $10M in Series A funding led by Zubr Capital and Triple Point Capital.  - The secured funding will empower Zing Coach to expand its development team and bolster marketing efforts to reach new international markets. Additionally, the company will further refine its AI Coach technology.  - Currently, in beta testing, the AI Coach will be available to all Zing Coach users this fall.
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Modern Medical Supplier Better Health Secures $14M for Peer-to-Peer Support Model

by Syed Hamza Sohail 06/13/2024 Leave a Comment

Modern Medical Supplier Better Health Secures $14M for Peer-to-Peer Support Model

What You Should Know: -              Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership. -              This
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Foresite Capital Closes $900M Fund Targeting Precision Medicine & Innovation

by Fred Pennic 06/12/2024 Leave a Comment

Foresite Capital Secures $900M Fund Targeting Precision Medicine & Innovation

What You Should Know:  - Foresite Capital, a San Francisco, CA-based healthcare and life sciences investment firm, announced today the successful closing of its sixth fund with a significant $900M in capital commitments. This new fund fuels Foresite's mission to invest in groundbreaking technologies across the healthcare spectrum. - Fund VI attracted a diverse group of limited partners, including university endowments, charitable foundations, medical institutions, pension funds,
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AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

by Syed Hamza Sohail 06/12/2024 Leave a Comment

AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

What You Should Know: -              Alida Biosciences (AlidaBio), an innovator in epigenomic research tools, proudly announces the successful completion of a $7.5 million Series A funding round. This funding, led by Genoa Ventures with participation from FusionX Ventures and Vertical Venture Partners, is complemented by two ongoing SBIR grants totaling $4 million from The National Human Genome Research Institute
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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

by Fred Pennic 06/12/2024 Leave a Comment

DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

What You Should Know:  - DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources.  - These new partners join DexCare's impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham. Industry Backing Fuels Growth This strategic investment, led by ICONIQ Growth
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Omniscient Secures Series C Funding to Expand AI-Powered Brain Mapping

by Fred Pennic 06/11/2024 Leave a Comment

Omniscient Closes Series C Funding to Expand AI-Powered Brain Mapping

What You Should Know:  - Omniscient (o8t®), a Sydney, Australia-based global leader in applying AI to unlock the secrets of the human brain, announced today the successful conclusion of its Series C funding round. This round brings the company's total capital raised to US$60M , marking a significant milestone in its growth trajectory. - The funding round highlights the confidence of prominent Australian investors, including Will Vicars and Gina Rinehart, in Omniscient's vision and
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Canary Speech Secures $13M for AI-Powered Vocal Biomarkers

by Fred Pennic 06/11/2024 Leave a Comment

Canary Speech Secures $13M for AI-Powered Vocal Biomarkers

What You Should Know:  - Canary Speech, Inc. (Canary), a pioneer in AI-powered voice biomarker technology, announced today it has closed a $13M Series A funding round.  - The round was led by Cortes Capital, LLC (Love’s Private Equity), with participation from Sorenson Communications, LLC., SMK (Japan), and Hackensack Meridian Health. Canary's Cutting-Edge Technology Canary Speech leverages vocal analysis to identify early signs of mental health and neurological conditions.
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Anterior Secures $20M to Streamline Healthcare Administration with GenAI

by Fred Pennic 06/10/2024 Leave a Comment

Anterior Secures $20M to Streamline Healthcare Administration with GenAI

What You Should Know:  - Anterior, a healthcare administration platform built by clinicians raises $20M in Series A funding round.  - Led by New Enterprise Associates (NEA), the round included participation from Sequoia Capital, Blue Lion Global, and Neo. Formerly known as Co:Helm, Anterior recently rebranded to reflect its focus on moving healthcare administration forward. Unburdening Clinicians with AI Anterior's mission is to free doctors and nurses from the
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Sware Secures $6M to Help Life Sciences Eliminate Validation Debt

by Syed Hamza Sohail 06/06/2024 Leave a Comment

Sware Secures $6M to Help Life Sciences Eliminate Validation Debt

What You Should Know - Sware has secured $6 million in Series B funding to enhance its software validation solution for life sciences companies. - The new funding will support research and development, AI-driven capabilities, and expansion of Sware's sales team to address validation debt. Insights into Sware's Growth and Innovation Sware, a leading provider of comprehensive software validation solutions for the life sciences industry, has announced a successful raise of $6 million in
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