What You Should Know:
2023 started off with the hallmarks of a rebound year. While Q4 2022 signaled the tail end of the digital health funding cycle, January and February funding numbers began to suggest that sector investment was slowly but surely inching back upwards. Inflation was easing ever so slightly. Investors were rediscovering their confidence and launching new projects, signaling optimism in the sector, according to a new Rock Health report. However, recent news—the collapse of
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Carbon Health
Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups
What You Should Know:
- Wavemaker Three-Sixty Health (Wavemaker 360), the nation’s leading venture fund focused on early-stage (primarily seed) healthcare disruptors and innovators, recently announced its Fund II news, closing at $64M, surpassing its first fund nearly four times over.
- The goal for Fund II is to invest into 40-50 early-stage companies, with several investments already made into some of the most compelling healthcare start-ups in the areas of health-tech, digital health,
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Hims & Hers & Carbon Health Partner to Expand Care Options for California Customers
What You Should Know:
- Hims & Hers & Carbon Health partnership adds the seventh U.S. state to the Hims & Hers provider network, which enables seamless care for a wide range of conditions.
- Collaboration advances Hims & Hers efforts to transform healthcare by adding another high-quality provider to its growing network of provider relationships.
Hims & Hers Health, the multi-specialty telehealth platform focused on providing modern personalized health and wellness
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Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health
What You Should Know:
- Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed.
- The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s
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Eden Health Earns NCQA Patient Centered Medical Home Recognition
- Eden Health earns National Committee for Quality Assurance’s (NCQA) Patient-Centered Medical Home (PCMH) recognition.- PCHM recognition underscores Eden Health’s trailblazing role as a tech-enabled primary care delivery model.- PCMH is widely regarded as the highest quality recognition that exists for primary care.Eden Health, which delivers primary care in the workplace, near the workplace and virtually, announced it has earned the National Committee for Quality Assurance’s (NCQA) Patient
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Carbon Health Raises $6.5M to Launch Its Mobile Connected Healthcare Network
After quietly testing its mobile healthcare network, San Francisco-based Carbon Health has raised $6.5 million in funding to launch its mobile-based connected healthcare network. The funding round was led by BuildersVC with participation from Javelin Venture Partners, Two Sigma Ventures and Bullpen Capital among others and prominent angel investors including Aaron Patzer, Elad Gil and Russ Fradin.The company plans to utilize the funding to accelerate the development of its platform and rolling
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