Investors

By Laura Lovett September 14, 2018
This morning maker of heart failure management and remote monitoring devices Endotronix scored $45 million in a Series D financing round led by LSP, with participation from Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments, and an unnamed corporate investor. “We are thrilled with the world-...
By Leontina Postelnicu September 14, 2018
Babylon has announced that it is investing $100 million (75 million pounds) to double its London team of scientists and engineers, expand its capabilities, and apply artificial intelligence to assist with management of chronic diseases. Babylon CEO and founder Dr. Ali Parsa said the investment was a "strategic catalyst in helping to support and foster the necessary R&D ecosystem for Britain...
By Laura Lovett September 13, 2018
This morning Wellth, maker of a mobile platform designed to improve treatment adherence through behavioral economics, announced that it scored $5.1 million in Series A funding. The round was led by Boehringer Ingelheim’s Venture Fund and NFP’s Venture Fund, with participation from Leonard Schaeffer, CD-Venture, the Partnership Fund for New York City, and Yabeo.  “We are looking forward to working...
By Jonah Comstock September 11, 2018
InfoBionic, a Lowell, Massachusetts-based remote patient monitoring company, has raised $50 million in a new round of funding. Eagle Investments, Excel Venture Management, Safeguard Scientifics, Zaffre Investments (a subsidiary of Blue Cross Blue Shield of Massachusetts), and Blue Cross and Blue Shield of Kansas all contributed to the round. This round brings the company's total funding up to at...
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By Dave Muoio September 11, 2018
Medopad, an app-based patient data collection and analysis platform headquarted in the UK, has acquired Silicon Valley health AI startup Sherbit in an effort to expand its reach into the US, according to an announcement released this morning. The terms of the deal were not disclosed. “Sherbit and Medopad have the same vision to help people be healthier and live longer,” Alex Senemar, CEO of...
By Dave Muoio September 10, 2018
Philadelphia-based mental health technology company NeuroFlow has raised $1.2 million, and anticipates a total subscription of $1.5 million by the conclusion of its ongoing fundraising, the company announced today. The investment was led by NJ JumpStart, with additional participation from Independence Blue Cross, Chestnut Street Ventures, and Ben Franklin Technology Partners. “With product demand...
By Dave Muoio September 10, 2018
AI-enabled healthcare insights company Clarify Health Solutions announced this morning that it has closed a $57 million Series B financing round led by global investment firm KKR. According to the announcement, this new funding will primarily support growth at Clarify, which so far has worked with more than 125 systems, payers, and pharmaceuticals to deploy its software at more than 5,000...
By Laura Lovett September 6, 2018
This morning voice-powered healthcare company Notable announced that it scored $13.5 million in Series A funding in a round led by F-Prime Capital Partners and Oak HC/FT with participation from Greylock Partners and Maverick Ventures. This latest funding brings the company’s total financing to $19.3 million, according to Crunchbase.  This news comes just months after Notable launched its latest...
By Dave Muoio September 6, 2018
Diabetes is a costly chronic condition, and according to the International Diabetes Federation affects at least 425 million people worldwide. As such, it’s little surprise that an increasing number of digital health companies have spotted an opportunity to help patients manage and control their disease. In fact, that opportunity led the total revenue digital diabetes market to triple in 2017 to $...
By Dave Muoio September 6, 2018
Mirror, a New York City-based fitness platform company, today announced the launch of its in-home virtual workout product for consumers. The device streams workout videos and music on demand through its large LCD panel, which also serves as a full-length mirror when not in use. In addition to the launch, Mirror also announced the closure of $25 million in funding from Spark Capital. This news...
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