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

Wysa Secures $20M for AI-Powered Mental Health Chatbot

by Jasmine Pennic 07/14/2022 Leave a Comment

Wysa Secures $20M for AI-Powered Mental Health Chatbot

What You Should Know:  - Wysa, a Boston, MA-based AI digital platform for mental health, today announces it has secured $20M in financing led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others. - Funds will enable access to clinically evidenced digital therapeutics (DTx) in the US, UK, India and other global
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Northwell Invests $10M in Brightline for Virtual Pediatric Behavioral Healthcare

by Syed Hamza Sohail 07/13/2022 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, the category leader in virtual behavioral healthcare for children, adolescents, and families, announced a $10M investment by Northwell Health, New York's largest healthcare provider, bringing its total Series C funding to $115M. - This strategic investment and partnership will create greater access to innovative pediatric mental health services across the New York Metro area at a critical time for families. The Only National One-Stop-Shop
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Particle Health Raises $25M to Scale Health Data Exchange API Platform

by Fred Pennic 07/12/2022 Leave a Comment

Particle Health Raises $25M to Scale Health Data Exchange API Platform

What You Should Know: - Particle Health, a New York-based API platform for advanced healthcare data exchange, , today announced its Series B financing of $25 million led by Canvas Ventures with participation from Menlo Ventures, Story Ventures, and Pruven Capital. The financing brings the organization’s total capital raised to $39.3M. - From a healthcare infrastructure perspective, the company is leading the industry in applying the next-generation FHIR data format to make interoperability
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Moving Analytics Nabs $20M for Virtual & Remote Cardiac Rehab Program

by Fred Pennic 07/11/2022 Leave a Comment

What You Should Know: - Moving Analytics, an Irvine, CA-based telehealth provider of cardiovascular prevention programs raises $20M in Series A funding led by Wellington Access Ventures and Seae Ventures with participation from Philips Ventures, SteelSky Ventures, Aphelion Capital (American Heart Association's official VC fund), Nueterra Capital, and Citi Ventures. This round brings the company's total funding to $30M. - Moving Analytics plans to use the new funds to
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Tebra Raises $72M to Help Independent Practices Thrive

by Syed Hamza Sohail 07/11/2022 Leave a Comment

Tebra Raises $72M to Help Independent Practices Thrive

What You Should Know: - Tebra, the digital backbone for independent healthcare practices, announced that it has closed more than $72M in funding at a valuation greater than $1B. - This capital infusion will accelerate Tebra’s merger plans including expanding market share, developing and launching the combined product line and advancing the new branding for the company. Tebra supports over 100,000 providers who are delivering care to more than 90 million patients in the U.S. Digital
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RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

by Syed Hamza Sohail 07/08/2022 Leave a Comment

RefleXion Medical Raises $125M for Biology-Guided Radiotherapy

What You Should Know: - RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT) for all stages of cancer, today announced the closing of a $125M debt facility, of which $55M is available immediately to repay the company’s existing $50M of debt. - The remaining $70M of the new facility will be made available upon reaching certain regulatory and commercial milestones. The funds will support the continued commercialization of the RefleXion X1
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Regard Raises $15.3M for AI Co-Pilot to Diagnose Medical Conditions

by Fred Pennic 06/30/2022 Leave a Comment

Regard Raises $15.3M for AI Co-Pilot to Diagnose Medical Conditions

What You Should Know: - Regard (formerly known as HealthTensor), a L.A.-based software company developing an artificial intelligence (AI) co-pilot for physicians to help diagnose medical conditions, announced its $15.3 million in Series A funding led by Calibrate Ventures and Foundry Group, with participation from additional investors. - The funding will be used to help grow the Regard team to support more clients, reduce integration time and expedite reach to new physicians and hospitals,
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Merck Digital Sciences Studio Launches to Support Biomedical Startups

by Fred Pennic 06/29/2022 Leave a Comment

Merck Digital Sciences Studio Launches to Support Biomedical Startups

What You Should Know: - Merck, today announced the launch of the Merck Digital Sciences Studio (MDSS) to enable the generation of innovative technologies for drug discovery and development. - MDSS will support early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing and opportunities to pilot their technologies in collaboration with discovery and clinical scientists at Merck. MDSS Accelerator Program Focus The MDSS is a collaboration between
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Nomad Health Raises $105M to Expand Marketplace Beyond Travel Nurses

by Fred Pennic 06/27/2022 Leave a Comment

Nomad Health Raises $105M to Expand Marketplace Beyond Travel Nurses

What You Should Know: - Nomad Health, a leading digital marketplace for temporary healthcare jobs, today announced the closing of a $105M financing co-led by Adams Street Partners and Icon Ventures. New equity investor HealthQuest Capital committed the largest sum and was joined by existing investors Polaris Partners, .406 Ventures, AlleyCorp, and RRE Ventures, and new debt providers J.P. Morgan and Trinity Capital. This brings Nomad’s total funding to over $200M since its founding in
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AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

by Fred Pennic 06/23/2022 Leave a Comment

AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

- Amazon Web Services (AWS) and MATTER, the premier healthcare incubator and innovation hub, announced the launched of a new incubation program called AWS Expand. - The program supports startups entering the US market from Europe, the Middle East, and Africa (EMEA) by providing expert guidance, mentorship, client connections, an extensive network within the healthcare industry, and more. AWS Expand’s First Cohort of 30 EMA Healthcare Startups The dual-track program will prepare Europe,
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