Investors

By Dave Muoio January 30, 2019
Clover Health, an insurtech startup targeting the Medicare Advantage market, will close a new round of funding within the next couple of weeks led by Greenoaks Capital, Clover CEO Vivek Garipalli announced in a Medium post yesterday. TechCrunch reports that the upcoming round will be valued at $500 million, although a representative of the company who confirmed the funding to Babyforyou.net.ua said...
By Jonah Comstock January 30, 2019
Chronic condition management startup Livongo has acquired MyStrength, a Denver-based digital behavioral health company. The company did not disclose the acquisition price, but Livongo CEO Glen Tullman told Babyforyou.net.ua the figure is in the tens of millions. “This entry into behavioral was to complete what we call the whole person platform, and to be able to go to someone and say ‘Whatever...
By Laura Lovett January 29, 2019
Hims — an online mail-order men’s health company that uses remote consultation to prescribe cosmetic and sexual health products — has landed $100 million in new funding, according to the publication Recode, which first published the scoop this morning. Following the investment, the company will be valued at $1 billion.  This news comes shortly after the San Francisco-based company launched Hers,...
By Dave Muoio January 29, 2019
Tel Aviv, Israel-based medical device security platform Medigate has closed a $15 million Series A fundraising round. The investment was led by US Venture Partners, with additional participation from return backers YL Ventures and Blumberg Capital. “With regulators appropriately taking a hard look at medical device security and the sheer growth in the number of devices being added to already...
By Laura Lovett January 28, 2019
This morning BioTelemetry, a remote and wireless company with a specialization in health information, announced that it is acquiring startup Geneva Healthcare, maker of remote monitoring for implantable cardiac devices, for $45 million in upfront cash with additional performance-based earn-out considerations of no less than $20 million.  The plan is for the two companies to merge together under...
By Dave Muoio January 28, 2019
To complement its catalogue of connected hearing aids, New York City-based Lively has launched a telehealth service that will allow users to complete an online hearing assessment, conduct a virtual video consultation with an audiologist and have their device remotely tuned. According to Lively’s website, device owners in need of an appointment can now request a virtual consultation and receive a...
By Dave Muoio January 28, 2019
Old Saybrook, Connecticut-based Fertility Focus, maker of the OvuSense connected fertility tracking platform, has raised $2.7 million in a Series A round led by Foresight Group and Coutts Investment Club. Further, the company announced a global partnership with Cambridge, UK-based digital sensor company Sensiia, which it said in a statement will lead to the development of “additional sensor...
By Dave Muoio January 23, 2019
While recent news of international product launches and recent M&As might suggest a cutthroat market, new data released this week by Research2Guidance suggest that there is still plenty of room in the digital respiratory health sector for both existing and new market players. According to “The Global Digital Respiratory Solutions Market 2009-2023” report, roughly 210 million asthma and COPD...
By Laura Lovett January 21, 2019
This morning app-enabled behavior change platform Aduro landed $22 million from Boston-based private equity firm Abry Partners. The startup plans to collaborate with the firm to accelerate growth.  What they do Aduro is a wellness platform that teams up with employers and other organizations to motivate members to stay active and healthy. The platform was designed to let users zero in on their...
By Laura Lovett January 21, 2019
Digital physical therapy company Kaia Health, which has offices in Munich and London, has landed $10 million in a Series A funding round led by Balderton Capital.  What they do Kaia employs AI and machine learning to create home-based, clinically-validated exercise plans for users. While the Kaia has developed products to address everything from exercise and wellness to treating COPD symptoms,...