Investors

Spring Health digital wellness platform connects employees to mental healthcare resources

A screensnap of the digital wellness platform from Spring Health.

By Dave Muoio July 12, 2018
Spring Health, a digital wellness platform that connects employees to mental healthcare resources, has scooped up $6 million in seed funding, bringing the company’s total amount raised to $8 million. The round was led by Rethink Impact with additional participation from Work-Bench, BBG Ventures, and The Partnership Fund for New York City, as well as returning investors RRE Ventures and William K...
By Laura Lovett July 11, 2018
Alphabet subsidiary Verily is teaming up with well-known sleep company ResMed to form a new venture that will focus on developing sleep apnea treatments and connected health products.  The latest venture will look at the health and financial impacts of sleep apnea. The companies plan on developing new software that will have advanced analytics and machine learning capabilities, Dr. Carlos Nunez,...
Nurx gets funding for telemedicine birth control plan
By Jonah Comstock July 11, 2018
Online and mobile platform Nurx, which uses telemedicine to connect rural patients to contraceptives, has raised $36 million in a Series B funding round led by Kleiner Perkins Caufield & Byers, with participation from Union Square Ventures, Y Combinator, and Lowercase Capital. Babyforyou.net.ua alum Heather Mack broke the news for the Wall Street Journal. In addition to the funding, the San...
Predictive health analytics company Lumiata announces new CEO Dilawar Syed

Dilawar Syed is Lumiata's new CEO.

By Dave Muoio July 11, 2018
Silicon Valley-based predictive health analytics company Lumiata has raised $11 million in a funding round led by Khosla Ventures and BlueCross BlueShield Venture Partners. The round also included participation from Sandbox Industries, Intel Capital, and other unnamed investors. The new backing will primarily be used to accelerate deployment of the company’s health analytics offering, according...
Carepoynt incentive-based health rewards platform model
By Laura Lovett July 11, 2018
Newport Beach, California-based startup Carepoynt, an incentive based health and wellness platform, has just closed a $2 million seed funding round. “Our success in building upon the base of local and national Carepoynt Community of members, partners, providers, payers, and employers so far this year, coupled with the completion of our seed round of funding, sets the stage for us to accelerate...
By Laura Lovett July 10, 2018
Chicago-based health kiosk company higi has just landed $21.3 million in a Series C funding round led by Flare Capital Partners and 7wireVentures.  “Simply stated, higi is making healthcare easier for people. higi is creating unprecedented access in people’s neighborhoods, giving consumers a trusted health narrative and connecting people to the full scope of the retail store and local healthcare...
By Dave Muoio July 10, 2018
San Francisco-based predictive health company Potrero Medical has closed $26.6 million in an oversubscribed Series C round, according to a statement from the company. The investment was led by GT Healthcare Capital Partners and Sonder Capital. Potrero’s business is focused on employing smart sensors and data analytics to identify conditions in their early stages. Its primary product is the...
Fitbit, Immersion settle lawsuit
By Dave Muoio July 9, 2018
After filing a suit in the U.S. District Court for the Northern District of California roughly a year ago, San Jose-based Immersion has settled its beef with Fitbit, the former announced in a statement. The terms of the settlement and license agreement reached by the two companies were not disclosed in the announcement.   Immersion took issue with the haptic feedback technology featured in...
By Laura Lovett July 9, 2018
In late June, patient data company SensorRX announced that it was set to acquire digital health company Welltodo, maker of the Migraine Coach app, for an undisclosed sum.  Before the acquisition both companies had platforms that focus on helping people who live with migraines. As a result of the deal the companies are expected to integrate the two platforms immediately.  "This is a win for...
By Babyforyou.net.ua July 5, 2018
The money continues to roll in the digital health space this quarter. During the months of April, May, and June, Babyforyou.net.ua reported on roughly 70 funding announcements totalling upwards of $2 billion. Artificial intelligence and telehealth remain popular choices for funders to invest in.    Another trend is big rounds for international companies. In fact this quarter Chinese healthcare...