Investors

By Laura Lovett January 16, 2019
This morning healthcare data platform Innovaccer announced that it has raised an additional $10 million in funding, boosting its Series B funding round up to $35 million.  The additional funding was led by Microsoft’s venture fund M12, with participation from Westbridge Capital and Lightspeed. In May the company announced the first $25 million of its Series B funding, which was led by Westbridge...
By Dave Muoio January 16, 2019
Netanya, Israel-based device maker and telehealth provider Tyto Care brought in $9 million in additional strategic funding from Sanford Health, Itochu and Shenzhen Capital Group. The new backing extends a nearly $25 million Series C round led by Ping An Global Voyager Fund that was announced last year, and brings the round’s total to $33.5 million. What they do Tyto Care offers a remote...
By Dave Muoio January 16, 2019
Ciitizen, a tech startup focused building easy-to-share digital health records, has raised $17 million in Series A funding. The round was led by Andreessen Horowitz, with additional participation from Verily and Section 32. With these investments, Andreessen Horowitz’s Bio fund General Manager Vijay Pande will be joining Ciitizen’s board of directors, while Section 32's Michael Pellini and Verily...
By Laura Lovett January 14, 2019
Last week virtual behavioral care company Forefront Telecare closed its Series A funding round for an undisclosed sum. The round was led by Spring Lake Equity Partners with participation from Ziegler Link Age Fund.  In the same announcement the Novato, California-based telehealth company named Rob Rebak as its next CEO. Before joining the Forefront team he was the CEO of fellow behavioral...
By Dave Muoio January 14, 2019
Online fitness membership platform ClassPass announced last week that it will be acquiring GuavaPass, a similar competing service active in Asia and the Middle East. The deal is set to close before the end of the month. Although the specific terms were not disclosed in the original announcement, a company spokesperson told Fortune that the purchase ran ClassPass $4.2 million. Along with assuming...
By Laura Lovett January 14, 2019
Chicago-based remote virtual care company First Stop Health announced Friday a $6.5 million funding round led by Morningstar founder and CEO Joe Mansueto as well as Rich Gallun, cofounder and CEO of bswift. First Stop Health’s cofounders Patrick Spain and Dr. Mark Friedman also contributed to the latest funding round.  What they do First Stop Health is a virtual care provider that targets the...
By Dave Muoio January 14, 2019
Healthcare medical device cybersecurity company Cynerio announced last week that it has completed a $7 million round of investment funding. Participants in the round include Accelmed, RDC, MTIP and other unnamed global venture capitalists. What they do The Ramat Gan, Israel-based company develops a cybersecurity platform designed specifically for healthcare providers. The software scans a...
By Laura Lovett January 9, 2019
Look out Silicon Valley and the Big Apple—new cities are starting to gain steam in the digital health funding game. A recently released end of year report from StartUp Health shows that while San Francisco, New York and Boston are still leading the pack in digital health funding amounts and deals, the industry is beginning to see more action emerging in cities like Beijing, Nashville and...
By Jonah Comstock January 8, 2019
Chicago-based SonarMD, which uses digital technologies to help payers improve the health of certain high-volatility patient groups, has raised $10 million in Series A funding. The raise is a joint investment between BCBS Venture Partners and Arboretum Ventures. What they do “What SonarMD does is we are providing care management services for what we call high beta chronic conditions,” CEO Devin...
By Laura Lovett January 8, 2019
It’s no secret investors are actively pouring money into the digital health arena. This was particularly true in 2018, which saw a 42 percent increase from 2017’s digital health investments, with the industry raking in around $8.1 billion, according to a recently released RockHealth funding report. Over all, digital health investments have been steadily on the rise since 2011 (expect for 2016...

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