What You Should Know:
- Healthie, a New York City-based infrastructure platform for digital health companies raises $16M in an oversubscribed Series A round led by Velvet Sea Ventures with participation from Greymatter Capital, Watershed, Builders VC and a customer syndicate.
- Over 60 angels with deep healthcare and tech experience also participated in the financing, including Roushan Zenooz, Executive Chairman of Primary Health, B12 CEO Nitesh Banta, Rafid Fadul, former CMO at Wheel
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venture capital
Ordr Secures $40M for Real-Time Connected Device Security Platform
What You Should Know:
- Ordr, a company making the complex problem of securing every connected device — from traditional IT devices to newer and more vulnerable IoT, IoMT or OT — simple, today announced it has raised an additional $40M. The funding round was co-led by Battery Ventures and Ten Eleven Ventures, with participation from new investor Northgate Capital and continuing investors Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, and Mayo Clinic.
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Solv CEO Diversifies Cap Table, Adds 75 Female Investors as Part of $45M Series C
What You Should Know:
- Today, Heather Fernandez, CEO and co-founder of healthcare on-demand app Solv Health shared her diversity plans for bringing on more women and first-time investors to the Cap Table as part of the company’s $45M Series C round. As a Filipino-Iranian woman, Heather knows “people like me” don’t get funded - or hired or invited to the table. Women are also more likely to be healthcare decision-makers for their families.
- Heather created a Special Purpose
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AWS Launches New Healthcare Accelerator Focused on Health Equity
What You Should Know:
- Amazon Web Services (AWS) today announced the launch of the next AWS Healthcare Accelerator—this year with a new focus on health equity. The Accelerator is open to startups with US operations and applications open today.
- This is part of AWS’s efforts to help organizations use the power of the cloud to help tackle the health equity gap – other efforts include the $40 million AWS Health Equity Initiative, which AWS also provided an
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Intermountain Partners with VC Firm General Catalyst on Innovation
What You Should Know:
- Intermountain Healthcare announced a strategic partnership with digital health venture capital firm General Catalyst that will involve jointly exploring opportunities to accelerate the shift to value-based care through digital and other solutions.
- As part of the collaboration, Intermountain and General Catalyst will leverage the Health Assurance Network, which is a group of tech innovation companies within General Catalyst’s investment portfolio that are dedicated
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Health Tech VC Firm Flare Capital Partners Closes $350M Fund
What You Should Know:
- Flare Capital Partners, a Boston-based healthcare technology venture capital firm closes its third fund with $350M, which follows up on its prior two funds raised in July 2019 and the inaugural fund raised in April 2015, respectively.
- The most recent fund, establishes Flare Capital Partners as one of the largest, independent, early-stage venture capital firms dedicated to healthcare technology.
“When we started the firm in 2014, over $4.5 billion was invested
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AmerisourceBergen Launches $150M Corporate Venture Fund
What You Should Know:
- AmerisourceBergen, a global healthcare solutions company, announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally.
- AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its customers.
AB Health Ventures Investment Thesis
AB Health
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Echo Health Ventures Expands Investment Model to Nashville
What You Should Know:
- Echo Health Ventures, a healthcare strategic venture capital and growth equity investment firm, today announced it is establishing a local presence in Tennessee led by Echo Health Advisors Principal Hayley Hovious, who joined the company in March following seven years as president of the Nashville Health Care Council.
- Echo Health Ventures CEO Rob Coppedge expects the new location to drive innovation by developing connections between its portfolio companies, Echo
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Reema Health Secures $8M for Personalized, Community-Based Health Platform
What You Should Know:
- Reema Health, a Minneapolis, MN-based community-based health technology platform raises $8M in seed funding led by MaC Venture Capital and DNA Capital. Combined with a previous $1.25 million pre-seed round and earlier preliminary investments, Reema’s has raised over $10 million to date.
- Reema uses technology to power human relationships with the goal of improving health outcomes for people who are hardest to reach. Reema’s breakthrough health
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration
Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity
Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France
Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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