Investors

By Laura Lovett January 14, 2019
Chicago-based remote virtual care company First Stop Health announced Friday a $6.5 million funding round led by Morningstar founder and CEO Joe Mansueto as well as Rich Gallun, cofounder and CEO of bswift. First Stop Health’s cofounders Patrick Spain and Dr. Mark Friedman also contributed to the latest funding round.  What they do First Stop Health is a virtual care provider that targets the...
By Dave Muoio January 14, 2019
Healthcare medical device cybersecurity company Cynerio announced last week that it has completed a $7 million round of investment funding. Participants in the round include Accelmed, RDC, MTIP and other unnamed global venture capitalists. What they do The Ramat Gan, Israel-based company develops a cybersecurity platform designed specifically for healthcare providers. The software scans a...
By Laura Lovett January 9, 2019
Look out Silicon Valley and the Big Apple — new cities are starting to gain steam in the digital health funding game. A recently released end of year report from StartUp Health shows that while San Francisco, New York and Boston are still leading the pack in digital health funding amounts and deals, the industry is beginning to see more action emerging in cities like Beijing, Nashville and...
By Jonah Comstock January 8, 2019
Chicago-based SonarMD, which uses digital technologies to help payers improve the health of certain high-volatility patient groups, has raised $10 million in Series A funding. The raise is a joint investment between BCBS Venture Partners and Arboretum Ventures. What they do “What SonarMD does is we are providing care management services for what we call high beta chronic conditions,” CEO Devin...
By Laura Lovett January 8, 2019
It’s no secret investors are actively pouring money into the digital health arena. This was particularly true in 2018, which saw a 42 percent increase from 2017’s digital health investments, with the industry raking in around $8.1 billion, according to a recently released Rock Health funding report. Over all, digital health investments have been steadily on the rise since 2011 (expect for 2016...
By Laura Lovett January 7, 2019
This morning free health monitoring company EarlySense announced a $39 million funding round. Hospital bed manufacturer Hill-Rom and Wells Fargo & Company led the round with participation from BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital.  This funding news comes just a month after the announcement that EarlySense’s free monitor will now be...
By Laura Lovett January 7, 2019
On Friday Boston-based Pear Therapeutics announced a whopping $64 million Series C funding. The latest financing was led by Temasek, with participation from Novartis, 5AM Ventures, Arboretum Ventures, Jazz Venture Partners, The Bridge Builders Collaborative and EDBI.  This announcement comes just one year after the digital therapeutic maker landed $50 million in Series B funding.  What they do...
By Dave Muoio January 7, 2019
Virtual obstetrics care management platform Babyscripts has raised an additional $6 million in a strategic funding round led by Royal Philips, with participation from StartUp Health and NueCura Partners. Of note, Philips’ investment comes with a minority stake and plans to package Babyscripts’ provider and patient platform alongside the international health tech company’s other obstetrics-focused...
By Laura Lovett January 7, 2019
Medical messaging company Medici announced late Friday that it will be acquiring Chiron Health, an Austin-based telehealth company. This comes on the heels of Medici’s last acquisition of health communication platform DocookMD in November.  "These two acquisitions are really such great fits, both being doctor-driven organizations with several features that perfectly complement and fine-tune the...
By Laura Lovett January 4, 2019
This morning Alphabet life science subsidiary Verily announced a staggering $1 billion in new venture funding led by Silver Lake, with participation from Ontario Teacher’s Pension Plan and other global investment management firms. As part of the deal, Silver Lake Managing Partner and Director Egon Durban will be nominated to the company’s operating board, as will Ruth Porat, chief financial...