Investors

By Laura Lovett July 24, 2018
Canadian digital employee health benefits company League has just landed a whopping $47.5 million ($62 million Canadian dollars) in a Series B funding round led by Telus Ventures with participation from Wittington Ventures, Omers, Infinite Potential Group, RBC Ventures, Real Ventures, and BDC Ventures.  League pitches itself as a platform that makes benefits easier to navigate and is “consumer...
By Dave Muoio July 19, 2018
Earnings reports shared by neurostimulation and digital medicine company NeuroMetrix during a Q2 investors’ call showed a slight drop in total revenue as the company is preparing to place its marketing weight behind the launch of its updated wearable pain relief product, Quell. However, the company remained profitable during the quarter thanks to sales of its other product, DPNCheck. Dr. Shai N....
By Jonah Comstock July 18, 2018
Venture capitalists invested a total of $2.4 billion in digital health in the second quarter of 2018, according to a new report from Mercom Capital Group. Mercom tracked 196 deals, an increase in deal count but decrease in funding from the first quarter's $2.5 billion across 187 deals. Comparing the year over year, the funding is a slight growth from $2.3 billion and 194 deals in Q2 2017. Funding...
By Dave Muoio July 18, 2018
Healthcare AI company Viz.ai announced today that it has raised $21 million in Series A funding. The investment was led by Kleiner Perkins, with additional participation from GV (formerly Google Ventures). Viz.ai’s primary product is Contact, the first FDA-cleared clinical decision support (CDS) tool that analyzes CT results and highlights cases that may have experienced a stroke for review by a...
By Laura Lovett July 18, 2018
Israel is continuing to carve out its space as a digital health hub in the Middle East. Today the Israeli government announced a $33 million grant aimed at furthering the country's foothold in digital health, specifically in biotech and medicine, according to Reuters. Medtronic, GE Healthcare, and Change Healthcare were named the three recipients of the funding; each company will get a different...
By Dave Muoio July 17, 2018
CyberMDX, a connected medical device and clinical network security firm, announced today that it has closed $10 million in Series A funding. The financing round was led by Pitango Venture Capital, with additional backing from OurCrowd Qure. The company’s MDefend software product is deployed to a provider’s network, CyberMDX CEO Amir Magner told Babyforyou.net.ua. The tool is non-intrusive, and doesn...
By Dave Muoio July 17, 2018
Personalized health information company K Health has launched a free primary care app. Called K, the app’s AI references a history of diagnoses and treatments to deliver users an insight about how their condition would likely be treated, and can also connect users (in the New York City area) to a network of primary care providers. Accompanying the launch was also the announcement of $12.5 million...
By Laura Lovett July 17, 2018
This morning, senior care online marketplace Kindly Care announced that it has brought in $5.4 million in a Series A financing round led by Javelin Venture Partners. The company plans to use the money to expand the product offerings and support national expansion.  The service offers an alternative to going through a traditional home agency. Instead, customers can use the platform to search for...
By Dave Muoio July 13, 2018
Key Benefit Administrators (KBA), an Illinois-based administrator of self-funded employee welfare benefit plans for enterprises, has brought a lawsuit against Teladoc alleging a breach in obligations, pecuniary loss, defamation, and tortious interference all stemming from $450,000 in overcharges. In a statement to Babyforyou.net.ua, Teladoc said that it was “optimistic” that this dispute could be...
By Laura Lovett July 12, 2018
This morning, Doctolib announced that it acquired fellow online medical appointment booking and management company MonDocteur.  “Our missions have been the same since day one: making our healthcare system more human, efficient, and connected and building a company of several thousand people sharing the same humanist values,” Stanislas Niox-Chateau, Doctolib cofounder and CEO, said in a statement...