Investors

By Laura Lovett March 27, 2019
Yesterday OncoLens, maker of a cancer care management platform, revealed that it snagged $1.35 million in seed funding. The round was led by BIP Capital and Atlanta Technology Angels (ATA).  The company also announced that Bill Midgette, board member of ATA, and Sarath Degala, VP at BIP Capital, will be joining OncoLens’ board.  WHAT THEY DO The Atlanta-based company focuses on giving cancer care...
By Dave Muoio March 27, 2019
Xealth, a startup that helps doctors to prescribe digital health apps, announced this morning that it has closed an $11 million in Series A funding round. Backers new to the startup include McKesson Ventures, Novartis, Philips and ResMed, with prior investors Threshold Ventures, Providence Ventures, UPMC and Medical College of Wisconsin Health Network affiliate Froedtert returning as well. WHAT...
By Dave Muoio March 26, 2019
A recent report is projecting that the global telemedicine market will expand from its current $38.3 billion valuation to $130.5 billion by 2025. According to the study by Global Market Insights, this 19.2 percent compound annual growth rate (CAGR) will be largely fueled by worldwide telecommunication network developments, market opportunities in rural areas or those without easy access to...
By Dave Muoio March 25, 2019
Nashville, Tennessee-based Change Healthcare, a health IT company currently owned by a joint venture of McKesson, Blackstone and Hellman & Friedman, has filed to raise $100 million in an upcoming IPO. The company has hired Barclays, Goldman Sachs and JP Morgan as its underwriters, and plans to list its shares on the Nasdaq stock exchange. In the filing, Change Healthcare wrote that it will...
By Dave Muoio March 21, 2019
Unite Us, a care coordination software maker that looks to connect social services with healthcare, has raised $35 million in a Series B round led by Oak HC/FT, according to a press release. With this, the company has raised a total of $45.3 million in funding. Newcomers Town Hall Ventures and Define Ventures also joined the round, as did returning backers Scout Ventures, Luminate and New York...
Vixiar's system
By Jonah Comstock March 20, 2019
Vixiar, a Johns Hopkins spinout marketing a tablet-based point of care system for assessing cardiac filling pressure, has raised $1.5 million in Series A funding. This brings the company’s total funding to $3 million. New investors Emerald Development Managers and MMG Opportunities contributed to the round, along with existing investor The Maryland Technology Development Corporation (TEDCO),...
By Jonah Comstock March 20, 2019
French appointment booking and telemedicine service Doctolib has raised another €150 million ($170.3 million), bringing its total funding to around €235 million ($271 million) and its valuation to more than €1 billion. General Atlantic, a global growth equity fund, led the round. Existing investors Eurazeo, Bpifrance, Kernel and Accel also contributed, along with unnamed German healthcare...
By Dave Muoio March 20, 2019
Peerfit, a Tampa Bay area company that makes a digital platform for fitness benefits, has kicked off its Series C funding round with an $18 million raise from Virgo Investment Group, according to a release. The new investment brings the company’s total backing to more than $40 million. With this, Virgo’s managing director, Pooja Goel, will also be joining Peerfit as its first female board member...
By Laura Lovett March 15, 2019
When it comes to digital health, investors get a bird’s eye view and play a major role in steering the direction of the industry’s future. That is why many are stressing the importance of a diverse viewpoint for investors in an industry focused on bringing digital tools to the masses.  Traditionally this has been a challenge for the venture space, where women only account for 12.2 percent of...
By Dave Muoio March 14, 2019
Clinical trial data analysis company TriNetX has raised $40 million in a Series D funding round led by Merck Global Health Innovation Fund. Also participating in the round were new investors Mitsui & Co. and Itochu Technology Ventures, and returning backers MPM Capital, F2 Ventures and Deerfield Management. Announced yesterday, the new investments bring TriNetX’s total funding to $102 million...