Boston-based healthcare and life sciences venture capital and growth equity firm SV Life Sciences has changed its name to SV Health Investors and has closed its sixth flagship fund target of $400 million. SV Health Investors' venture partner program focuses on leveraging experienced healthcare entrepreneur to serve as hands-on advisors and directors for portfolio companies. This approach contributes to SV's appeal to both potential investors and entrepreneurs. The new multi-sector focus fund
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Digital Health Funding | Venture Capital | News, Analysis, Insights - HIT Consultant
Rock Health: Digital Health Funding Tops Over $1B in Q1 2017
Digital health funding reached over $1B across a total of 71 digital health deals in Q1 2017(49% above Q1 2015 and 23% below Q1 2016), according to Rock Health, a full-service venture fund dedicated to digital health. In a blog post, Rock Health reveals that despite any regulatory uncertainty around the repeal of the Affordable Care Act (ACA), it’s been business as usual for digital health funding. Providers and health plans are delaying expenditures based on this uncertainty, yet founders
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The New Walking Dead: Why 98% of Health Tech Startups Are Zombies
Health investor and entrepreneur Dave Chase says 98 percent of health tech startups are zombies right now—but the Quadruple aim could help some rise from the ashes to begin anew.Billions in venture capital (VC) funding may have poured into digital health over the last few years (more than $4.5 billion in 2015 alone), but it looks like many startups may have bitten off more than they can chew, and as a result, imminently face biting the dust before reaching profitability. At least, that’s the
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Endotronix Nabs $12M to Expand Wireless Pulmonary Artery Sensor
Endotronix, Inc., a digital health medtech company providing innovative solutions for patients with advanced heart failure, today announced that it has entered into a $12 million term loan agreement with Silicon Valley Bank (SVB). The financing comes after a successful $32 million Series C round last July that included BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, OSF Ventures, existing investors, and a corporate strategic investor. The startup plans
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Rock Health: Digital Health Funding Tops $4.3B in 2016, Down 8% from 2015
Digital health funding reached $4.2B in 2016, down 8% from 2015, representing a compound annual growth (CAGR) from 2011-2016 of 30%, according to the 2016 Year End Funding Report report from digital health venture firm Rock Health. 2016 The annual report reveals 2016 was a strong year for digital health, but it also served as a reality check for founders and investors due to the election and uncertainty around the future of the ACA.In comparison to StartUp Health's digital health funding
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Digital Health Funding 101: 3 Insights to Overcome the Series A Crunch
Catalyze co-founders Travis Good and Mohan Balachandran share their company’s success in obtaining Series B funding and the insights that helped them get there.Although investment dollars continue to pour into healthcare IT at a breakneck pace globally, many startups could end up enduring some serious whiplash. Obtaining seed funding is one thing, but reaching the next round is another. Investors are becoming less impressed by innovations and more discerning with their dollars. Thus, the
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Science 37 Raises $31M to Expand Virtual Clinical Trail Model
Science 37, Inc., a LosAngeles-based mobile technology and clinical trial startup that focuses on the development of networked patient-centric models for clinical research has raised $31 million in Series B funding led by Redmile Group. The Series B round also includes participation from Series A lead investors Lux Capital and dRx Capital, as well as a strategic investment from Sanofi Genzyme BioVentures. As part of the strategic investment, Sanofi’s international clinical trial development
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Healthcare IT VC Funding Tops $1.25B in Q3 2016: 10 Trends to Know
Healthcare IT VC funding topped $1.25 billion in 177 deals in Q3 2016 compared to $1.6 billion in 140 deals in Q2 2016, according to the latest report from Mercom Capital Group. The report, Q3 2016 Healthcare IT / Digital Health Funding and M&A Report reveals that overall funding is on pace to eclipse 2015’s total and the trend from last quarter continued as there was again increased funding activity in Healthcare IT outside of the United States, especially in China. Here are ten key trends
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Digital Health VC Funding: Where Do We Go From Here?
Editor's Note: Michael Greeley is the General Partner and Co-founder at Flare Capital Partners an early stage healthcare technology venture capital firm. Some of his existing and prior board seats include Explorys, HealthVerity, Iora Health, Predilytics, Taris, T2 Biosystems and Welltok. In addition Michael serves on several industry association boards including the Industry Advisory Board for the Cleveland Clinic and Boston Children’s Hospital, as well as the Executive Committee of the National
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Iggbo Nabs $13M to Scale On-Demand Blood Draw Service
Iggbo, a digital health startup focused on bringing personalized medicine to more people through on-demand blood draws and medical testing has raised $13M in Series A funding led by Heritage Group. Founded by Dr. Shaiv Kapadia, Nuno Valentine, and Mark Van Roekel, Iggbo is currently operating in over 120 cities with a workforce of over 8,000 blood draw professionals. The company plans to utilize the funding to offer on-demand blood collection services to diagnostic laboratories, health systems,
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