Investors

By Dave Muoio February 5, 2019
New York City-based Aetion, which makes an analytics platform to assess real-world evidence from a range of sources, has raised $27 million in a funding round supported by new backers Sanofi, UCB, McKesson Ventures and Horizon Health Services, according to a release. Prior investors including NEA, Flare Capital and Lakestar also participated. An add-on to prior funding from last year, today’s...
By Laura Lovett February 1, 2019
  Yesterday morning addiction-focused telemedicine company Workit Health announced a new Series A funding round led by Blue Cross Blue Shield Venture Partners for an undisclosed amount. Other funders include Endeavor Catalyst, Montage Ventures, Lux Capital, Wakestream Ventures, Invest Detroit and RRE Ventures.  This marks the second funding round for the Californian startup. Originally founded in...
By Dave Muoio January 31, 2019
A literature analysis of research published by healthcare unicorns has found that many high-profile startups, digital health included, have few or no peer-reviewed papers. The review, which sought published research data from 18 current and 29 exited healthcare unicorns, specifically highlighted the risk of “stealth research” among these startups in light of the recent and highly publicized fraud...
By Dave Muoio January 31, 2019
New York City-based Annum Health, a digital health startup focused on using digital health tools to curb alcohol abuse, is shutting down its operations today, according to a notice published on the company’s website. “Over the last two years, Annum created and brought to market a more effective solution to engage and treat the many millions of people who struggle with heavy drinking,” reads the...
By Dave Muoio January 31, 2019
This morning Sentinel Healthcare, a Seattle-based remote monitoring platform for patients with hypertension or other chronic diseases in need of management, announced that it has raised $2 million in new funding. The round was led by PSL Ventures. What they do Sentinel provides a wearable blood pressure cuffs and patient smartphone app that transmit data to the company’s wider service. This data...
By Dave Muoio January 30, 2019
Clover Health, an insurtech startup targeting the Medicare Advantage market, will close a new round of funding within the next couple of weeks led by Greenoaks Capital, Clover CEO Vivek Garipalli announced in a Medium post yesterday. TechCrunch reports that the upcoming round will be valued at $500 million, although a representative of the company who confirmed the funding to Babyforyou.net.ua said...
By Jonah Comstock January 30, 2019
Chronic condition management startup Livongo has acquired MyStrength, a Denver-based digital behavioral health company. The company did not disclose the acquisition price, but Livongo CEO Glen Tullman told Babyforyou.net.ua the figure is in the tens of millions. “This entry into behavioral was to complete what we call the whole person platform, and to be able to go to someone and say ‘Whatever...
By Laura Lovett January 29, 2019
Hims — an online mail-order men’s health company that uses remote consultation to prescribe cosmetic and sexual health products — has landed $100 million in new funding, according to the publication Recode, which first published the scoop this morning. Following the investment, the company will be valued at $1 billion.  This news comes shortly after the San Francisco-based company launched Hers,...
By Dave Muoio January 29, 2019
Tel Aviv, Israel-based medical device security platform Medigate has closed a $15 million Series A fundraising round. The investment was led by US Venture Partners, with additional participation from return backers YL Ventures and Blumberg Capital. “With regulators appropriately taking a hard look at medical device security and the sheer growth in the number of devices being added to already...
By Laura Lovett January 28, 2019
This morning BioTelemetry, a remote and wireless company with a specialization in health information, announced that it is acquiring startup Geneva Healthcare, maker of remote monitoring for implantable cardiac devices, for $45 million in upfront cash with additional performance-based earn-out considerations of no less than $20 million.  The plan is for the two companies to merge together under...

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