Investors

By Laura Lovett May 9, 2018
This morning Murj, developer of a digital data collection platform for implantable cardiac devices, announced that it raked in $8.5 million in a series B financing led by Longitude Capital, with participation from True Ventures and other existing investors.  The Santa Cruz, California-based startup focuses on helping doctors streamline care for patients with implantable cardiac devices. The...
By Dave Muoio May 9, 2018
WeDoctor, an online healthcare services company serving the Chinese market and backed by Tencent Holdings, has raised $500 million from investors in a private share sale that places its value at $5.5 billion, according to reporting from Financial Times, Reuters, and others. The round was led by medical insurance company AIA Group and NWS Holdings, with additional participation from other unnamed...
By Dave Muoio May 9, 2018
This morning, Boston-based Akili Interactive Labs announced the closure of a $55 million Series C funding round. The investment was led by Temasek, with participation from Baillie Gifford, Amgen Ventures, M Ventures, JAZZ Venture Partners, Canepa Advanced Healthcare Fund, and Brooklands Capital Strategies. According to the company, this new funding will be used to support development, regulatory...
By Dave Muoio May 8, 2018
iRhythm Technologies, maker of the Zio XT and Zio AT adhesive heart monitors, announced first quarter financials boasting higher revenue and an improved gross margin during an earnings call for investors earlier this week. These promising numbers were paired with a net loss nearly double what was reported last year during the same quarter, although these were waved off by executives as the result...
By Dave Muoio May 8, 2018
San Francisco-based appointment booking app Solv Health announced today that it has closed a $16.8 million Series B round of funding. The round was led by Greylock Partners, with participation from Benchmark and Aspect Ventures. In the same announcement, the company also unveiled its new Solv Pay feature, which looks to make remuneration quicker and more convenient for users. “When you give...
By Dave Muoio May 7, 2018
Digital behavioral health company Lyra Health announced today that it has secured a $45 million Series B round of funding. Participants in the round included new investors Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital, as well as returning funders Greylock Partners, Venrock, and Providence Ventures. According to a statement, the new funding will be put toward developing...
By Dave Muoio May 7, 2018
Encino, California-based healthcare messaging service mPulse Mobile has raised $11 million in a Series B funding round led by SJF Ventures, mPulse Mobile announced today at HLTH: The Future of Healthcare Conference. Other participants included previous investors HLM Venture Partners, EchoHealth Ventures, OCA Ventures, and Bonfire Ventures. Included in the announcement was news that the company is...
By Dave Muoio May 4, 2018
EHR vendor Allscripts has made an agreement to purchase patient communication app maker Health Grid for $60 million in cash, with an additional $50 million in earnout payments based on Health Grid achieving certain revenue targets over the next three years, according to a recently registered SEC filing. The merger of the two companies is expected to close sometime during Q2 2018. “The growing...
By Dave Muoio May 3, 2018
Amidst big gains in total revenue, memberships, and user engagement, Q1 2018 earnings reported by Teladoc show that the telemedicine company is still a long way from turning a profit. But while this quarter’s reported net loss of $23.9 million is a noticeable increase over the $15.7 million of the same time last year, CEO Jason Gorevic said during an investor call that the company is still on...
By Jonah Comstock May 2, 2018
CEO Ron Gutman is out at HealthTap, a digital health company that over the years has dabbled in doctor reviews, telemedicine, health app curation, chatbots, employee wellness, and more.  Recode broke the news of Gutman's dramatic departure after the board took the drastic measure of converting their preferred shares in the company into common shares in order to break a months-long deadlock with...

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