Investors

By Jeff Lagasse August 30, 2017
PriorAuthNow, a platform for connecting the healthcare landscape using prior authorization automation, has closed a $3.6 million investment funding round led by NCT Ventures, with participation from Detroit Venture Partners.   The company will use the extra money to advance its mission, which is essentially to disrupt the prior authorization industry, valued at about $31 billion. PriorAuthNow...
By Dan Gebremedhin and Kara Werner August 25, 2017
About the Authors: @DanGebremedhin is a Principal at Flare Capital Partners, an early stage Health Technology and Services focused VC Firm. He is a practicing physician at the Massachusetts General Hospital, previously served as a Medical Director at the Harvard Pilgrim Health Plan, and spent five years as an entrepreneur in the Health IT Industry.  @KaraLWerner is a current member of the 2017...
By Jonah Comstock August 23, 2017
Lumity, a San Mateo-based employee benefits software company, has raised $19 million in a new round led by DFJ. Social+Capital Partnership and True Ventures, both previous investors, also contributed to the round, which brings Lumity’s total funding to $33 million. (The company raised $14 million in 2015). “Set against the backdrop of rising healthcare costs, an opaque healthcare system,...
By Jonah Comstock August 17, 2017
Austin, Texas-based LVL Technologies (formerly known as BSX Athletics) has raised $6.75 million in a self-described Series A round led by the Samsung Catalyst Fund. Maxim Integrated Products also contributed along with other industry investors. This is actually the company's second Series A round; according to a now-deleted blog post on the company's website, it already raised a $2.5 million...
By Jeff Lagasse August 16, 2017
Artemis Health, which offers a benefit optimization data platform for employers, just received $16 million in Series B funding, led by an investment from F-Prime Capital, the venture capital funds of FMR LLC, the parent company of Fidelity Investments. There was also participation in the round from Maverick Ventures and Kickstart Seed Fund, both previous investors. This is the second major round...
By Jonah Comstock August 16, 2017
Raannana, Israel-based MedAware, which leverages machine learning algorithms to find and eliminate dangerous prescription errors, has raised $8 million. BD (Becton, Dickinson and Company), Gefen Capital, OurCrowd and Yingcheng City Fubon Technology Company all participated in the Series A round. In addition to the $8 million in venture funds, MedAware has picked up $4 million in grants from...
By Jonah Comstock August 16, 2017
Phil, a San Francisco-based prescription refill and delivery service, has raised $10 million in a round led by Crosslink Capital. Eniac Ventures, Softtech VC, Forerunner Ventures, SV Angel, Silicon Valley Bank, and Transmedia Capital also contributed to the round. The startup partners with local pharmacies to provide a technology-powered service that delivers customers' prescriptions directly to...
By Jeff Lagasse August 14, 2017
AI-driven women’s health platform Flo has raised $5 million in a Series A funding round, led by Flint Capital, which, along with Haxus Fund, tossed in $1 million in seed round funding in December 2016.   Other investors in the Series A round include Natalia Vodianova, a supermodel and social activist who also joined the company’s board of directors, as well as a handful of angel investors.  ...
By Jeff Lagasse August 14, 2017
Chicago-based HealthJoy, an artificial intelligence-driven platform for employee benefits engagement and cost containment, has netted $3 million in a Series A round of financing.   Chicago Ventures led the round, with participation from Social Capital, Sidekick Fund and HealthJoy’s seed-round lead, Go-Health. Also included in the round were Angel investments from leaders in technology and health...
By Jonah Comstock August 10, 2017
[email protected], a startup accelerator/contest backed by the city of Boston, the commonwealth of Massachusetts, and the Massachusetts Competitive Partnership, opened applications for its second class this week. While there are some changes stemming from lessons learned, the organization is mostly considering the more experimental elements of the program a success and continuing them into year...