Investors

health 2.0 conference investor panel

(L to R) Emma Cartmell, Ruchita Sinha, Risa Stack, and Wende Hutton take an audience question at Health 2.0's Fall Conference.

By Jonah Comstock September 20, 2018
A high amount of VC investing is often seen as an indicator of the health of the digital health space. But while investors agree there’s a lot of opportunity in the space, some investors think there may be a little too much money. “There’s a lot more money,” Risa Stack, general manager for new business creation at GE Ventures, said in a panel discussion at Health 2.0's Fall Conference in Santa...
By Jonah Comstock September 20, 2018
San Francisco-based Ooda Health, a new startup focused on decreasing waste and inefficiency in the area of healthcare administration, has raised $40.5 million in a Series A round that’s notable in a couple of ways: for one, the company’s veteran founders, including Castlight Health founder Dr. Giovanni Colella, chose to work exclusively with VCs with at least one woman founder. For another, the...
By Laura Lovett September 20, 2018
Looking to commercialize its virtual reality mental health treatment, Oxford VR has announced that it raked in $4.11 (£3.2 million) in funding. Investors included Oxford Sciences Innovation, University of Oxford, Force Over Mass, RT Capital, and GT Healthcare Capital Partners.  "Our focus is on developing clinically validated, cost-effective, user-centred treatments for clinical conditions with...
By Laura Lovett September 19, 2018
Healthcare innovation is sprouting up all over the globe. From Israel to China, investment dollars are pouring into digital health — in fact, many emerging markets are now leading the way in healthcare technology.  “Innovation happens at the edges and all around us,” Eugene Borukovich, global head of digital health incubation and innovation at Bayer, said at the Health 2.0 Conference in Santa...
By Jonah Comstock September 18, 2018
Correction: Updated to include financial details. A previous version of this story included an inaccurate estimate. Nearly two years to the day after its launch was announced at a Boston conference, app-enabled healthcare transportation company Circulation has entered into an agreement to be acquired by Logisticare, the nation’s largest non-emergency medical transportation (NEMT) broker, for $44...
By Laura Lovett September 14, 2018
This morning maker of heart failure management and remote monitoring devices Endotronix scored $45 million in a Series D financing round led by LSP, with participation from Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments, and an unnamed corporate investor. “We are thrilled with the world-...
By Leontina Postelnicu September 14, 2018
Babylon has announced that it is investing $100 million (75 million pounds) to double its London team of scientists and engineers, expand its capabilities, and apply artificial intelligence to assist with management of chronic diseases. Babylon CEO and founder Dr. Ali Parsa said the investment was a "strategic catalyst in helping to support and foster the necessary R&D ecosystem for Britain...
By Laura Lovett September 13, 2018
This morning Wellth, maker of a mobile platform designed to improve treatment adherence through behavioral economics, announced that it scored $5.1 million in Series A funding. The round was led by Boehringer Ingelheim’s Venture Fund and NFP’s Venture Fund, with participation from Leonard Schaeffer, CD-Venture, the Partnership Fund for New York City, and Yabeo.  “We are looking forward to working...
By Jonah Comstock September 11, 2018
InfoBionic, a Lowell, Massachusetts-based remote patient monitoring company, has raised $50 million in a new round of funding. Eagle Investments, Excel Venture Management, Safeguard Scientifics, Zaffre Investments (a subsidiary of Blue Cross Blue Shield of Massachusetts), and Blue Cross and Blue Shield of Kansas all contributed to the round. This round brings the company's total funding up to at...
business men shaking hands
By Dave Muoio September 11, 2018
Medopad, an app-based patient data collection and analysis platform headquarted in the UK, has acquired Silicon Valley health AI startup Sherbit in an effort to expand its reach into the US, according to an announcement released this morning. The terms of the deal were not disclosed. “Sherbit and Medopad have the same vision to help people be healthier and live longer,” Alex Senemar, CEO of...
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