What You Should Know:
The UnitedHealthcare Accelerator program, announced its fifth cohort of 10 digital health startups to participate in its four-month collaborative mentorship-driven program.Selected startups will receive guidance from UnitedHealthcare and Optum executive, fundraising support, and $50k in capital. 90% of this year’s companies were founded by women and / or people of color.
Here is a look at UnitedHealthcare Accelerator’s 2023 program class:
Advocatia |
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Robotics + Heart Valve Startup, Capstan Medical Raises $31.4M
What You Should Know:
Today, Santa Cruz-based Capstan Medical, a developer of minimally invasive technology to address heart valve disease, announced $31.4M Series B investment round led by Eclipse.The Series B round included participation from Intuitive Ventures and Puma Venture Capital, a new firm founded by Amit Hazan, a veteran Wall Street medical technology analyst, and Dr. Vipul Patel, a renowned robotic surgeon who has performed more robotic procedures than any other
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CareQuest Innovation Partners + MATTER Launches 2nd Cohort of Startups for SMILE Health
What You Should Know:
- CareQuest Innovation Partners, an organization that propels solutions that transform oral health, and MATTER, the premier healthcare incubator and innovation hub, announced five startups selected to participate in the second year of SMILE Health.
- Launched last year, SMILE Health is a program for identifying the solutions that make oral health more accessible, equitable, and integrated with overall health. Out of the 100 applications from early-stage startups
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Steve Jobs’ Son Launches $200M Fund to Fight Against Cancer
What You Should Know:
Reed Jobs - the son of Steve Jobs today announced the launch of his new venture capital (VC) investment fund, Yosemite, spun out from Emerson Collective Health with an oversubscribed $200M+ first close.Yosemite aims to meaningfully accelerate the technology, treatments, and standard of care that have the power to improve the health and lives of cancer patients.Composed of the Emerson Health team, Yosemite’s unique model provides no-strings-attached
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Femtech: HerMD Raises $18M to Transform Women’s Healthcare
What You Should Know:
HerMD, a Cincinnatti, OH-based female-founded physician-led women’s health provider committed to revolutionizing women’s healthcare secures $18M in an oversubscribed Series A-1 round led by existing investor JAZZ, with participation from B-Flexion and Amboy Street Ventures. This new investment brings HerMD’s total funding to nearly $30M.Founded by Chief Medical Officer Dr. Somi Javaid in 2015, HerMD has been revolutionizing the future of women’s healthcare through
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RapidAI Secures $75M for AI-Driven Stroke Care Solutions
What You Should Know:
- RapidAI, a San Mateo, CA-based digital health company developing artificial intelligence (AI) and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases, today announced $75 million in Series C funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data and technology markets.
- The funding aims to drive platform
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Mindful Meditation App Headspace Closes $105M Debt Facility
What You Should Know:
Headspace, a digital healthcare company focused on mental health announced it has closed $105M in senior debt facility from Oxford Finance, a specialty finance firm providing senior debt to healthcare and life sciences companies worldwide.Proceeds from the financing will be used to further support the expansion of Headspace's innovative mental health platform. Additionally, the investment will enable Headspace to be opportunistic in investing in areas where it sees
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K4Connect Raises $8.9M to Expand Tech Accessibility for Senior Living
What You Should Know:
K4Connect, a Raleigh, NC-based mission-centered healthtech company and provider of enterprise operations tech for the senior living communities raises $8.9M in funding co-led by Bryce Catalyst and AXA Venture Partners, with continued support from existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund.This latest round brings the company’s total funding raised to $39M and will be used to drive further adoption in
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PE Firm Invests in Pyx Health
What You Should Know:
Pyx Health, a tech-enabled services company that provides health plans and their members an innovative, scalable solution that uniquely reduces loneliness and social isolation, today announced a majority growth investment fromTT Capital Partners (TTCP).The company’s innovative app-based technology, paired with timely human interventions, improves patient and member outcomes in vulnerable populations, reduces financial burdens on the health care system, and promotes
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SiPhox Health Secures $27M for Lab-Grade Home Health Testing with Silicon Photonics
What You Should Know:
- Today, SiPhox Health, a Burlington, MA-based company building the next generation of lab-grade home health testing with silicon photonics raises $27M in funding, including a $10M Seed led by Khosla Ventures and Y Combinator, and a $17M Series A led by Intel Capital.
- The SiPhox Home and Health testing systems offer innovative and efficient blood collection solutions for consumers, healthcare systems, pharmaceutical companies, and research teams focusing on
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