What You Should Know: - Teladoc Health recently added an at-home A1C testing program to its chronic care solution, making it easier for members to manage their diabetes while also bridging health equity gaps in chronic condition care. - Livongo by Teladoc Health members will have the option to receive at-home A1C tests provided by LetsGetChecked, a leading healthcare solutions company that enables providers to administer diagnostics and
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LetsGetChecked Launches Virtual Consultation Offering with Healthcare Providers
What You Should Know: - LetsGetChecked, a leading healthcare solutions company, announced today the launch of Virtual Consultation services through its secure clinical messaging platform in the company’s proprietary app. - The new offering furthers the company’s ongoing commitment to pioneer a full lifecycle of personalized healthcare including diagnostic testing, virtual care, e-prescription, and treatment plans, all from the comfort of home. Expanding 360-Degree Care Offering with
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HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies
What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
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Transformation Capital Launches $500M Digital Health Fund
What You Should Know: - Transformation Capital
Partners, L.P. (“Transformation Capital”) announced the launches of it’s
$500M growth equity fund, Transformation Capital Fund II, L.P. - The new fund will focus on investing between $10 to $30M in
commercial-stage digital health companies and technology-enabled service
businesses that are improving the healthcare system. - Led by Todd Cozzens, Dr. Jared Kesselheim and Mike Dixon, Transformation
Capital manages over $800 million across the
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LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing
LetsGetChecked, a leading direct-to-consumer at-home health testing and insights
company, today announced the closing of $71 million in its Series C round of
financing co-led by Illumina Ventures and HLM Venture Partners. The round also
includes new investors Deerfield, CommonFund Capital, and Angeles Investments
and existing investors Transformation Capital, Optum Ventures, and Qiming
Venture Partners USA. Nick Naclerio, Founding Partner at Illumina Ventures and
Steven Tolle, Partner at HLM
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Analysis: Why Digital Health Investors are Falling in Love with Femtech
Women’s health technology, known as Femtech, is one of the fastest-growing and well-funded categories of digital health. Femtech generally encompasses a range of digital health software and tech-enabled service providers that cater to the specific biological needs of women. These needs span from general health and wellness to reproductive health, including fertility, pregnancy, and nursing care. Today, reproductive health is the focal point of femtech, thanks in part to the
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare
- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry. - The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. - A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Platform
LetsGetChecked, an NYC-based direct-to-consumer at-home health testing platform increasing access to laboratory and self-testing, today announced it has raised 30 million in Series B round led by LTP with participation from existing investors Optum Ventures and Qiming Venture Partners USA. At Home Testing, For A Healthier You Founded in 2014, LetsGetChecked is a medical technology platform linking customers to regulated laboratory testing to better manage and control their health. The
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LetsGetChecked Raises $12M to Expand At Home Health Testing Platform
LetsGetChecked, a Dublin, Ireland-based medical health testing platform that allows customers to access regulated laboratory testing and self-test from the comfort of home, announced it has raised $12 million in Series A funding to fuel US expansion. Led by Optum Ventures, the independent venture fund of health services leader Optum, and Qiming Venture Partners, a leading Chinese venture capital firm, the funding will be used to scale the company, fuel development of the technology platform
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