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

Precision Medicine Startup Prenosis Raises $20M for Acute Care Solutions, Starting with Sepsis

by Jasmine Pennic 03/10/2022 Leave a Comment

Precision Medicine Startup Prenosis Raises $20M for Acute Care Solutions, Starting with Sepsis

What You Should Know: - Prenosis, Inc., a precision medicine company, announced a venture investment from PACE Healthcare Capital, an early-stage investment firm committed to improving health outcomes. This investment brings total funding in the company to over $20 million, including partnerships with Foxconn, Roche Diagnostics, the Defense Threat Reduction Agency, and others.   - Precision medicine company will use the funding to
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Rural Health Startup Homeward Emerges with $20M to Support Rural Communities

by Fred Pennic 03/10/2022 Leave a Comment

Rural Health Startup Homeward Emerges with $20M to Support Rural Communities

What You Should Know - Homeward, a new company focused on improving access to high-quality, affordable primary and specialty care in rural communities launches with an initial $20M investment. - The organization is rearchitecting care for rural Americans who have a 23% higher mortality rate than those in urban communities. Homeward – a San Francisco, CA-based mobile, in-person, and telehealth hybrid care model (with specialty and primary care providers) for people
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MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform

by Fred Pennic 03/09/2022 Leave a Comment

MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform

What You Should Know: - MediView XR, Inc., raises $9.9M in SAFE financing syndicated by Inside View Investments, LLC, a private investment firm.  MediView has raised approximately $14.4MM in total funding to date. - Investment will support key technology development, commercialization and regulatory submissions. MediView XR Inc., a Cleveland-based medtech company that leverages augmented reality, remote connectivity and spatial computing data to create revolutionary surgical
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Health Gorilla Raises $50M to Expand FHIR-Native Health Interoperability Platform

by Jasmine Pennic 03/07/2022 Leave a Comment

Health Gorilla Raises $50M to Expand FHIR-Native Health Interoperability Platform

What You Should Know: - Health Gorilla raises $50 million in Series C funding to securely enable the exchange of actionable and aggregated clinical data. - The new investment will accelerate Health Gorilla's mission to connect everyone, everywhere, with actionable health data. Health Gorilla, a Sunnyvale, CA-based health interoperability platform, today announced it has raised $50M in Series C funding led by SignalFire with participation from Epsilon Health Investors, IA Capital, and
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Foresite Capital Raises $173M Fund for Foresite Labs Incubated Companies

by Jasmine Pennic 03/07/2022 Leave a Comment

Foresite Capital Raises $173M Fund for Foresite Labs Incubated Companies

What You Should Know: - Foresite Capital is announcing their latest, oversubscribed $173M fund, which will be used to support Foresite Labs’ incubated life science companies. - Foresite Labs was created in October 2019 to found, build, and scale life sciences companies at the intersection of healthcare and data science. One of Foresite Capital’s core beliefs is that by combining machine learning, big data, and genomics, life sciences companies can accelerate commercialization from decades
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Flume Health Secures $30M for Health Plan Administration Platform

by Fred Pennic 03/04/2022 Leave a Comment

Flume Health Secures $30M for Health Plan Administration Platform

What You Should Know: - Flume Health, an NYC-based Health-Plan-as-a-Service platform announced today a $30M round of Series A funding led by Optum Ventures with participation from Cigna Ventures is participating, bringing its total raise to date at $40M. - Flume gives all U.S. health insurers the option to build personalized healthcare plans–what Stripe or Plaid did for digital banking is what Flume is doing for digital health.  Launch Next Generation Health Plans in
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Black Female Co-founders CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention

by Jasmine Pennic 03/03/2022 Leave a Comment

CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention

What You Should Know: - CancerIQ, a Chicago-based platform powering early cancer detection and prevention across broad patient populations, announced today it closed a $14M Series B financing round. - The Series B round was co-led by Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures with participation from McKesson Ventures, OSF Ventures (the investment arm of OSF HealthCare, a current CancerIQ customer), and HealthX Ventures. Inequality in
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Lynx Launches with $17.5M for API-Connected Healthcare Payments

by Fred Pennic 03/03/2022 Leave a Comment

Lynx Launches with $17.5M for API-Connected Healthcare Payments

What You Should Know: - Lynx, a Boston-based API-connected healthcare payments, banking, and e-commerce platform announced today that it has emerged from stealth with $17.5M in equity financing led by Obvious Ventures and .406 Ventures with participation from Frist Cressey Ventures. Other investors include Winter Street Ventures (an investment subsidiary of Commonwealth Care Alliance), Shields Capital, and Huntington Avenue Ventures. - Lynx’s goal is to introduce modern fintech to
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XRHealth Secures $10M to Expand Virtual Reality Treatment in the Metaverse

by Fred Pennic 02/28/2022 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - XRHealth, the gateway to the healthcare metaverse,  announced today that they raised $10M in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on StartEngine.com and existing investors. - XRHealth’s platform is FDA and CE registered and provides an immersive experience for users, transporting them to a virtual world for comprehensive
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Selux Diagnostics Raises $50M for Next-Generation Phenotyping Platform

by Jasmine Pennic 02/28/2022 Leave a Comment

Selux Diagnostics Raises $50M for Next-Generation Phenotyping Platform

What You Should Know: - Selux Diagnostics, Inc., a personalized diagnostics company to combat superbug infections and fight antibiotic resistance raises $50M in Series C financing led by RA Capital Management, with participation from Sands Capital, Schooner Capital and Northpond Ventures. - The funding will support the U.S. commercial launch of its Next-Generation Phenotyping (NGP) rapid Antimicrobial Susceptibility Testing (AST) platform.   Precision diagnostics for
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