What You Should Know:
- Envoy Medical Corporation (NASDAQ: COCH), a pioneer in fully implanted hearing solutions, announced today the closing of a $10M, five-year loan agreement with existing investor Glen Taylor.
- This unsecured loan will support Envoy Medical's continued development of its innovative hearing technologies, including:
- The Acclaim® cochlear implant: A fully implanted device designed for individuals with severe hearing loss. This investigational
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Salvo Health Secures $5 Million to Expand Wraparound GI Care Model
What You Should Know:
- Salvo Health, a company dedicated to improving chronic gut health management raises $5M in seed funding led by City Light Capital and Human Ventures, with participation from Salvo's original Seed investors (Threshold Ventures, Torch Capital, and Felicis Ventures) and angel investors like Anmol Madan (founder of Ginger Health). Additionally, Rachel Parlier (City Light Capital) and Emily Melton (Threshold Ventures) will join Salvo's Board of Directors, bringing extensive
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Redi Health Secures $14M to Transform Patient Support Programs
What You Should Know:
- Redi Health, an innovator in digital health solutions, announced today the successful closing of a $14 million Series B funding round.
- The Series B round, led by Blue Heron Capital, with participation from North Coast Ventures and existing investors, empowers Redi Health to accelerate growth and further establish itself as a leader in the digital health space.
Addressing Challenges in Patient Support Programs
Traditional Patient Support Programs (PSPs)
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FamilyWell Secures $4.3M to Combat Maternal Mental Health Crisis
What You Should Know:
- FamilyWell Health, a company dedicated to improving maternal mental health, announced today they have secured $4.3 million in seed funding led by .406 Ventures, with participation from GreyMatter Capital and Mother Ventures.
- The funding will fuel FamilyWell's national expansion, tackling the crucial issue of maternal mental health. An alarming statistic reveals that 1 in 5 women in the United States experience postpartum depression, yet access to treatment remains
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b.well Connected Health Secures $40M to Revolutionize Fragmented Healthcare Landscape
What You Should Know:
- b.well Connected Health, a leading platform provider for connected healthcare ecosystems raises $40M in Series C funding led by Leavitt Equity Partners.
- b.well’s FHIR-based platform empowers healthcare organizations to create a unified experience for consumers, allowing them to manage their health information, receive valuable insights, and access care services conveniently.
Expansion Plans
This Series C funding round further fuels b.well's mission to
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Alamar Biosciences Raises $128M to Accelerate Proteomics Platform
What You Should Know:
- Alamar Biosciences, a leader in precision proteomics for early disease detection raises $100M in Series C round, with an additional $28M expected within the next 30 days. This brings their total funding to nearly $250M.
- The Series C funding round was led by led by Sands Capital, with participation from new and existing investors, including both financial and strategic partners. Ian Ratcliffe, Executive Managing Partner at Sands Capital, has joined Alamar's Board
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Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System
What You Should Know:
- Abridge, the leading force in generative AI for clinical documentation, announced today a staggering $150 million Series C funding round led by Lightspeed Venture Partners. The funding also includes participation from new and existing investors like Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and
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Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage
What You Should Know:
- Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M.
- This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions.
Optimizing Care Delivery and Reducing
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Reprieve Cardiovascular Nabs $42M to Expand Intelligent Fluid Management for Heart Failure
What You Should Know:
- Reprieve Cardiovascular, a pioneer in personalized fluid management for acute decompensated heart failure (ADHF) emerges from stealth launching with $42M in Series A financing round.
- The Series A round was co-led by Lightstone Ventures and Sante Ventures with participation from Deerfield Management, Genesis Capital, and Arboretum Ventures, will fuel the company's clinical development programs and accelerate its mission to improve patient outcomes and reduce
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System
What You Should Know:
- Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors.
- The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians.
Addressing Crisis-Level Clinician Burnout
With provider burnout at
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