Investors

By Bernie Monegain December 20, 2017
Aledade, a healthcare technology company launched in 2014 by former National Coordinator for Health IT Farzad Mostashari, MD, has filed a Form D with the Securities and Exchange Commission. Aledade reported that it has raised $23 million. The total private financing amount was $28 million, according to the document filed with the SEC. Bethesda, Maryland-based Aledade works with the Medicare...
By Laura Lovett December 20, 2017
Correction: A previous version of this article misstated that ACE was the name of the mobile app. ACE is the name of PharMedQuest's customer relationship management platform and not the mobile app.  Healthcare management company PharMedQuest announced last week that it has made a strategic investment in helparound, an Israeli company which makes an app that supports and connects patients with...
By Dave Muoio December 19, 2017
London-based Fiit announced that it has secured $3.2 million (£2.4 million) in funding for its app-based fitness coaching service with an accompanying wearable tracker. The round was led by London-based Connect Ventures, with participation from JamJar, Rooks Nest Ventures, and Westminster Capital. “Traditional gyms and studios have limitations for most people because they haven’t successfully...
By Dave Muoio December 18, 2017
Milpitas, California-based diabetes management device maker Bigfoot Biomedical has raised $37 million in Series B funding in a round co-led by funds from Janus Henderson Investors and Quadrant Capital Advisors. Additional participants included Cormorant Asset Management, Senvest Capital Inc., Senvest Management LLC, Visionnaire Ventures, JDRF T1D Fund, and T1D Exchange. Bigfoot previously...
By Dave Muoio December 18, 2017
San Francisco-based Stitch Health announced the completion of a Series A funding round for its care coordination platform. The amount of the investment was undisclosed, but was led by Benchmark and its general partner Bill Gurley with participation from the Y Combinator. Stitch is another player looking to remove paper and pagers from the healthcare setting. According to the company, its cross-...
By Jonah Comstock December 15, 2017
Both the fourth quarter and the whole year started strong for digital health acquisitions but finished weak. The quarter started out with six acquisitions in October, but didn’t see another until December. The year saw 12 and 14 acquisitions each in the first two quarters, respectively, which dropped to nine in the third and nine more in the fourth. As is our tradition, we’ve rounded up the 44...
By Dave Muoio December 13, 2017
Oakland, California-based Elemeno Health, which makes a virtual coaching software for healthcare teams, announced that it has concluded a $1.3 million round of seed funding. The financing was led by Launchpad Digital Health, which hosts Elemeno in its San Francisco accelerator. Other participants included Silicon Valley-based tech accelerator Y Combinator, and regulatory tech venture investor...
By Dave Muoio December 13, 2017
Fort Washington, Pennsylvania-based ActiveProtective, which makes a wearable airbag deployment belt for seniors at risk of a fall, has received more than $4.7 million in Series A funding, the company confirmed after a MedCity News article spread the word this morning. The round was led by Generator Ventures, with additional participation from the company's prior investors. “ActiveProtective was...
By Laura Lovett December 11, 2017
Saudi Arabia-based internet health application technology company Sihatech just announced that it has landed $1.33 million (5 million Saudi Arabia Riyals) in its latest funding round. The funding was led by Saudi Aramco Entrepreneurship Ventures, with Waseel Application Service Provider also participating.  “It is one of the first portals in the region that markets the full patient journey from...
By Dave Muoio December 11, 2017
Increasing adoption of technology, the rise of remote care, and a growing number of smart living services available to the mass market are among the several ongoing trends transforming aging care, according to a newly released report from HealthXL and AARP. These developments and others provide players inside and out of healthcare a clear opportunity to improve the convenience and clinical...