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

Photon Raises $9M to Expand Access to Text-Based Prescriptions

by Fred Pennic 08/16/2024 Leave a Comment

Photon Raises $9M to Expand Access to Text-Based Prescriptions

What You Should Know:  - Photon Health, a digital health startup focused on reimagining the prescription experience raises $9M in Series A funding round led by Notation and Flare Capital. The round also saw participation from existing investors and a group of notable angel investors. - Photon has developed a platform that simplifies the prescription process for both patients and providers.  Patient Friendly Pharmacy Experdience By digitizing prescriptions and providing
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HistoSonics Secures $102M to Advance Non-Invasive Liver Tumor Treatment

by Fred Pennic 08/15/2024 Leave a Comment

HistoSonics Raises $102M for Liver Tumor Treatment

What You Should Know:  - HistoSonics, a medical technology company specializing in histotripsy, a non-invasive treatment for liver tumors raises $102M in Series D financing round.  - Led by Alpha Wave Ventures, with participation from new investors Amzak Health and HealthQuest Capital, and existing investors including Johnson & Johnson Innovation – JJDC, Inc., Venture Investors, Lumira Ventures, Yonjin Venture, and the State of Wisconsin Investment Board, the funding will
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Levels Raises $10M to Expand Metabolic Health Platform

by Syed Hamza Sohail 08/14/2024 Leave a Comment

Levels Raises $10M to Expand Metabolic Health Platform

What You Should Know: -Levels, a software company that shows you how food affects your health, today announced a $10 million Series A Extension to bring its mission of solving the metabolic health crisis to an even wider audience. - The round included $3 million in crowdfunding from more than 2,000 investors, as well as investments from Long Journey, a16z, and others. Levels: Advancing Metabolic Health Through Data-Driven Insights More than 128 million Americans are affected by
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Create Health Ventures Launches $21M Fund to Invest in Digital Health Startups

by Fred Pennic 08/12/2024 Leave a Comment

Create Health Ventures Launches $21M Fund to Invest in Digital Health Startups

What You Should Know:  - Create Health Ventures, a venture capital firm dedicated to early-stage digital health startups, announced the closing of its $21M inaugural fund.  - The VC firm will invest in B2B solutions that address critical challenges within the healthcare industry, including improving patient engagement, enhancing care delivery, and optimizing clinical trials. Founding Team Founded by healthcare industry veterans Cartmell and Amit Aysola, Create Health Ventures brings
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Guidehealth Secures $14M for AI-Powered Value-Based Care

by Fred Pennic 08/07/2024 Leave a Comment

Guidehealth Secures $14M for AI-Powered Value-Based Care

What You Should Know:  - Guidehealth, an AI-powered healthcare services provider raises $14M in seed funding led by Memorial Hermann Health System, with participation from healthcare entrepreneur Sidd Pagadipati and other industry leaders. - The funding will accelerate Guidehealth’s mission to improve health outcomes and increase access to care through value-based care (VBC) models. The company’s AI-driven platform and clinical support services help health systems and clinically
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Spring Health Raises $100M for Mental Health Platform, Reaching $3.3B Valuation

by Jasmine Pennic 08/02/2024 Leave a Comment

Spring Health Raises $100M for Mental Health Platform, Reaching $3.3B Valuation

What You Should Know:  - Spring Health, a mental healthcare platform raises $100M in Series E funding round, bringing its valuation to $3.3B. The round was led by Generation Investment Management, with participation from existing investors Kinnevik, William K Warren Foundation, RRE, and Northzone. - The new funding will enable Spring Health to expand its reach, enhance its technology platform, and deepen its commitment to delivering exceptional mental healthcare. The company plans to
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Outpace Bio Secures $144M for AI-Powered Cell Therapy Platform

by Fred Pennic 08/01/2024 Leave a Comment

Outpace Bio Secures $144M for AI-Powered Cell Therapy Platform

What You Should Know:  - Outpace Bio, a pioneering cell therapy company raises $144M in oversubscribed Series B financing round led by RA Capital Management with participation from both new and existing investors, including Qatar Investment Authority, Surveyor Capital, Sheatree Capital, Black Opal Ventures, Alexandria Venture Investments, and several others. Outpace has now raised a total of approximately $200M to date. - Jake Simson, Partner at RA Capital Management, will join
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ZOE Secures $15M to Expand US Market and Fight Ultra-Processed Food

by Jasmine Pennic 07/31/2024 Leave a Comment

ZOE Secures $15M to Expand US Market and Fight Ultra-Processed Food

What You Should Know:  - ZOE, a science and nutrition company raises $15M from Coefficient Capital to fuel its expansion in the US market.  - The funding will support ZOE’s mission to empower individuals to improve their health through personalized nutrition. Addressing the Ultra-Processed Food Crisis ZOE’s science-backed approach challenges the conventional wisdom around nutrition, emphasizing the detrimental impact of ultra-processed foods on long-term health. The
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CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

by Fred Pennic 07/26/2024 Leave a Comment

CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

What You Should Know:  - CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions raises $48M in strategic growth investment led by Integrity Growth Partners (IGP). The funding will fuel the company’s expansion and enhance its platform to meet the growing demand for remote care solutions. Addressing the Rise of Chronic Disease The increasing prevalence of chronic conditions such as obesity, hypertension, and diabetes has placed a significant
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UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

by Fred Pennic 07/26/2024 Leave a Comment

UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

What You Should Know:  - Medicom, a health tech company specializing in enterprise imaging interoperability, announced the successful completion of an oversubscribed strategic financing round. The funding round saw significant participation from healthcare industry leaders, including UPMC Enterprises and Tampa General Hospital Ventures along with expanded participation from existing investors Cone Health Ventures, Oval Park Capital and Grayhawk Capital, as well as local Triangle venture
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