Investors

By Jonah Comstock May 21, 2019
Boston Children’s spinout Mightier, which makes biofeedback games to help children improve their emotional resilience, has raised $6.6 million in Series A funding, bringing the company’s total funding to $10.1 million. Foxkiser led the round, with additional contributions from new investors Asset Management Ventures and FundRx, and existing investors including Founder Collective, Slow Ventures...
By Dave Muoio May 21, 2019
Cala Health, a wearable neuromodulation therapy startup focused on chronic diseases, has closed a $50 million Series C financing round. Novartis, Baird Capital, LifeSci Venture Partners, TriVentures and other unnamed backers participated, as did returning investors JJDC, Lux Capital, Lightstone Ventures, Action Potential Venture Capital, dRx Capital and GV. WHAT THEY DO Stanford University...
By Laura Lovett May 21, 2019
This morning, artificial-intelligence-enabled monitoring and decision support platform Biofourmis announced a $35 million Series B raise. The round was led by Sequoia India and MassMutual Ventures with participation from EDBI, Jianke and existing investors Openspace Ventures, Aviva Ventures and SGInnovate.  The funding announcement coincided with the news that the Singaporean company will be...
By Laura Lovett May 16, 2019
Prescription refill and delivery platform Phil announced a $25 million Series B fundraise yesterday. The new round was led by GreatPoint Ventures with participation from Tarsadia Investments, Crosslink Capital and Uncork Capital.  WHAT THEY DO The platform pitches itself as a way to automate physician, payer pharmacy workflows while helping patients schedule refills. On the consumer-facing side,...
By Dave Muoio May 15, 2019
Hydrow, maker of a connected rowing exercise product for consumers, has added an additional $7 million to a $20 million Series A round led by L Catterton announced back in February. The add-on funding came from Rx3 Ventures, Wheelhouse, The Raptor Group and The Yard Ventures. In addition, the digital fitness company said in its announcement that has begun shipping its product to 1,000 Indiegogo...
By Dave Muoio May 15, 2019
Solera Health, a digital marketplace for benefit and chronic disease management programs, has raised $42 million in a Series C round led by Health Care Service Corporation subsidy HCSC Ventures. Prior backers BlueCross BlueShield Venture Partners/Sandbox Advantage Fund, Adams Street Partners and SJF Ventures participated as well. WHAT THEY DO Solera’s platform hosts a broad selection of digital...

A Jawbone activity tracker device.

By Dave Muoio May 14, 2019
Wearable activity tracker maker Jawbone may have met its demise in 2017, but even then CEO Hossain Rahman was laying the groundwork for a pivot into the health services business. It now appears that investors are once again willing to back Rahman digital health ambitions, as a new SEC filing reveals that Jawbone Health — the new company founded from the ashes of Jawbone — has raised $65.4 million...
By Dean Koh May 14, 2019
Theranica, an Israel-based biomedical technology company focused on developing advanced electroceuticals for migraine and other prevalent diseases, announced that Omron Ventures has joined its $35M series B funding round, which was announced earlier this March. The investment sum by Omron Ventures has not been disclosed.  Omron Ventures, the venture capital arm of Japan-based Omron Corporation...
By Dave Muoio May 13, 2019
Somerville, Massachusetts-based Podimetrics, maker of a connected device for diabetic foot ulcer detection, has raised $13.4 million in Series B funding. Rock Health, Norwich Ventures and Scientific Health Development each participated in the round. WHAT THEY DO Podimetrics’ platform consists of a cellular-connected SmartMat for use in the home, and a corresponding clinician-facing dashboard....
By Jonah Comstock May 13, 2019
Durham, North Carolina-based RelayOne has raised $500,000 in seed funding from Cofounders Capital, a tech-focused venture fund located in Cary, North Carolina. WHAT THEY DO Founded by two frustrated medical device sales reps, RelayOne is focused on solving communication issues in the operating room. The crux of the problem is that surgeries can often take a longer or shorter time than expected,...
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