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

Swift Medical Secures $8M to Power AI-Driven Wound Care

by Fred Pennic 01/29/2024 Leave a Comment

Swift Medical Secures $8M to Power AI-Driven Wound Care

What You Should Know: - Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group. - The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence. The Future of Wound Care Swift Medical boasts a proven track record, serving as the
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression

by Fred Pennic 01/26/2024 Leave a Comment

Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression

What You Should Know: - Motif Neurotech, a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures, the investment saw participation from prominent players like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures. - Motif Neurotech's innovative approach represents a potential paradigm shift in mental health treatment.
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Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test

by Fred Pennic 01/26/2024 Leave a Comment

Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test

What You Should Know: - Circular Genomics, a pioneer in unlocking the secrets of circular RNA (circRNA) for precision psychiatry and neurology, has secured $8.3 million in a Series A funding round. Led by Mountain Group Partners, this vital investment brings on board new partner UNM Rainforest Innovations and bolsters support from existing investors like Cottonwood Technology Fund and Tramway Venture Partners. - The new funding will empower Circular Genomics to build and scale commercial
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Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care

by Fred Pennic 01/25/2024 Leave a Comment

Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care

What You Should Know: - Isaac Health, a rising leader in digital brain health, has successfully closed an oversubscribed $5.7 million Seed funding round led by Meridian Street Capital and B Capital, bringing together prominent players like Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels. - This crucial funding round empowers Isaac Health to accelerate their mission by expanding their innovative brain health provider platform. advancing technology for improved
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Health2047-Backed HEAL Security Emerges from Stealth with $4.6M

by Fred Pennic 01/25/2024 Leave a Comment

Health2047-Backed HEAL Security Emerges from Stealth with $4.6M

What You Should Know: - Health2047, the American Medical Association's venture studio dedicated to healthcare innovation, announced its investment in and launch from stealth of HEAL Security, a cognitive cybersecurity platform built specifically for the healthcare industry. - Health2047's investment in HEAL Security underscores the urgent need for robust and specialized cybersecurity solutions within the healthcare industry. Their platform equips health systems with the necessary tools to
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Being Health Unveils $5.4M-Backed Modern Mental Health Practice in Lower Manhattan

by Syed Hamza Sohail 01/25/2024 Leave a Comment

Being Health Unveils $5.4M-Backed Modern Mental Health Practice in Lower Manhattan

What You Should Know: Being Health, a psychiatrist-founded modern mental health practice, launches today to bring the best of psychiatry, psychotherapy, novel treatments (such as ketamine infusion therapy), functional medicine and wellness services (such as acupuncture and nutrition) all under one roof for a seamless patient experience in New York City.Being Health has raised $5.4 million to date in funding from 18 Park and HDS Capital.  Personalising Access to Mental Health
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Turquoise Health Secures $30M to Expand Healthcare Pricing Transparency Platform

by Fred Pennic 01/23/2024 Leave a Comment

Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform

What You Should Know: - Turquoise Health, a platform empowering healthcare transparency through data and analytics, today announced a $30M Series B investment led by Adams Street Partners, with participation from Yosemite and existing investors Andreessen Horowitz and BoxGroup. - The new funding will enable the company to onboard new customers and expand its healthcare pricing transparency platform, Tackling the Transparency Challenge Healthcare pricing remains a labyrinth, often
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Sano Genetics Secures $11.4M to Turbocharge Precision Medicine Research

by Jasmine Pennic 01/22/2024 Leave a Comment

Sano Genetics Secures $11.4M to Turbocharge Precision Medicine Research

What You Should Know: - Sano Genetics, a software company that is revolutionizing precision medicine research, has secured $11.4M in new funding. - This latest investment, led by Plural with participation from existing investors MMC Ventures, Episode 1, and Seedcamp, brings the company's total funding to $22M. Revolutionizing Precision Medicine Research Founded by a trio of visionary minds - Patrick Short (CEO), Charlotte Guzzo (COO), and William Jones (CTO) - Sano Genetics is
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Forta Secures $55M for AI-Driven ABA Therapy Expansion and LLM Research

by Syed Hamza Sohail 01/17/2024 Leave a Comment

Forta Secures $55M for AI-Driven ABA Therapy Expansion and LLM Research

What You Should Know: Forta, an AI healthcare company improving access to dependable quality care, today announced it has raised $55 million in Series A financing led by global software investor Insight Partners.Leading technology and healthcare investors participated in the round, including Exor Ventures and Alumni Ventures, as well as founders of 23&Me, Curative, Forward, Flexport, Warby Parker, Prelude Fertility, Harry’s and Allbirds. With this new funding, Forta will expand
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HCAP Partners Invests in Apprio, Boosting Healthcare Access and Efficiency with Automated Solutions

by Fred Pennic 01/17/2024 Leave a Comment

HCAP Partners Invests in Apprio, Boosting Healthcare Access and Efficiency with Automated Solutions

What You Should Know: - HCAP Partners, a California-based private equity firm and leading impact investor, today announced its investment in Apprio, a provider of specialized healthcare technology solutions and services focused on automation. - While terms of the investment remain undisclosed, the partnership highlights HCAP's commitment to fostering innovation in healthcare and supporting diverse-owned businesses. Addressing Critical Challenges in a Changing Healthcare
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