Investors

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,...
By Jonah Comstock January 18, 2019
Last week, Babyforyou.net.ua attended JP Morgan Week for the first time. While we took a pass on the eponymous conference, we talked digital health at the bevy of conferences, meetings, and cocktail parties that have sprung up around the investment bank’s annual life sciences event. The distributed nature of JP Morgan makes it hard to pull out one overarching themes, but a few trends and topics of...
By Dave Muoio January 18, 2019
San Francisco-based Limelight Health, a developer of digital tools for enterprises managing employee benefits plans, has raised $33.5 million in an oversubscribed Series C round. Principal Life led the fundraising, which also included participation from AXA Venture Partners, MassMutual Ventures, Aflac Ventures, Transamerica Ventures, Wells Fargo Strategic Capital, LaunchPad Digital Health and...
By Laura Lovett January 16, 2019
This morning healthcare data platform Innovaccer announced that it has raised an additional $10 million in funding, boosting its Series B funding round up to $35 million.  The additional funding was led by Microsoft’s venture fund M12, with participation from Westbridge Capital and Lightspeed. In May the company announced the first $25 million of its Series B funding, which was led by Westbridge...
By Dave Muoio January 16, 2019
Netanya, Israel-based device maker and telehealth provider Tyto Care brought in $9 million in additional strategic funding from Sanford Health, Itochu and Shenzhen Capital Group. The new backing extends a nearly $25 million Series C round led by Ping An Global Voyager Fund that was announced last year, and brings the round’s total to $33.5 million. What they do Tyto Care offers a remote...
By Dave Muoio January 16, 2019
Ciitizen, a tech startup focused building easy-to-share digital health records, has raised $17 million in Series A funding. The round was led by Andreessen Horowitz, with additional participation from Verily and Section 32. With these investments, Andreessen Horowitz’s Bio fund General Manager Vijay Pande will be joining Ciitizen’s board of directors, while Section 32's Michael Pellini and Verily...
By Laura Lovett January 14, 2019
Last week virtual behavioral care company Forefront Telecare closed its Series A funding round for an undisclosed sum. The round was led by Spring Lake Equity Partners with participation from Ziegler Link Age Fund.  In the same announcement the Novato, California-based telehealth company named Rob Rebak as its next CEO. Before joining the Forefront team he was the CEO of fellow behavioral...
By Dave Muoio January 14, 2019
<p>Online fitness membership platform ClassPass announced last week that it will be acquiring GuavaPass, a similar competing service active in Asia and the Middle East.&nbsp;</p> <p>The deal is set to close before the end of the month. Although the specific terms were not disclosed in the original&nbsp;announcement, a company spokesperson&nbsp;<a href="http...
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...

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