digital health funding

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 Dave Muoio September 10, 2018
Philadelphia-based mental health technology company NeuroFlow has raised $1.2 million, and anticipates a total subscription of $1.5 million by the conclusion of its ongoing fundraising, the company announced today. The investment was led by NJ JumpStart, with additional participation from Independence Blue Cross, Chestnut Street Ventures, and Ben Franklin Technology Partners. “With product demand...
By Dave Muoio September 10, 2018
AI-enabled healthcare insights company Clarify Health Solutions announced this morning that it has closed a $57 million Series B financing round led by global investment firm KKR. According to the announcement, this new funding will primarily support growth at Clarify, which so far has worked with more than 125 systems, payers, and pharmaceuticals to deploy its software at more than 5,000...
By Laura Lovett September 6, 2018
This morning voice-powered healthcare company Notable announced that it scored $13.5 million in Series A funding in a round led by F-Prime Capital Partners and Oak HC/FT with participation from Greylock Partners and Maverick Ventures. This latest funding brings the company’s total financing to $19.3 million, according to Crunchbase.  This news comes just months after Notable launched its latest...
By Dave Muoio September 6, 2018
Mirror, a New York City-based fitness platform company, today announced the launch of its in-home virtual workout product for consumers. The device streams workout videos and music on demand through its large LCD panel, which also serves as a full-length mirror when not in use. In addition to the launch, Mirror also announced the closure of $25 million in funding from Spark Capital. This news...
By Babyforyou.net.ua September 5, 2018
The end of an error. The Wall Street Journal reports that Theranos, the once-promising blood testing startup now plagued by scandals and lawsuits, will soon be shutting its doors for good. In a letter to shareholders obtained by the Journal, CEO and General Counsel David Taylor wrote that the company’s attempts to negotiate a sale transaction did not bear fruit, and that the company is in default...
By Laura Lovett September 5, 2018
This morning digital diabetes coaching platform Fit4D landed another $4 million in funding. The round was led by SJF Ventures, C&B Capital, Esther Dyson, and North Haven Capital, with participation from Blue Cross and Blue Shield of Nebraska and StarUP Health.  The New York City-based startup plans to use the money to continue clinical validation and development of its product.   “We have...
By Dave Muoio September 4, 2018
Peerfit, a Tampa Bay area company that makes a digital platform for fitness benefits, announced this morning that it has closed an additional $8 million in funding, bringing the company’s total backing to more than $23 million. The round was led by returning investors Ark Applications and PAR. "What this round represents for us is bringing in highly leveraged partners and resources to continue...
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