digital health funding

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
A bot by any other name. It appears that Pillo Health won’t be the only one selling its friendly home health assistant and countertop pill dispenser. Thanks to a strategic investment by Stanley Ventures, Stanley Black & Decker will be offering a slightly modified version of the device under the name of “Pria by Black+Decker Home Care Companion.” According to a representative of Stanley Black...
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 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...
By Dave Muoio January 14, 2019
Healthcare medical device cybersecurity company Cynerio announced last week that it has completed a $7 million round of investment funding. Participants in the round include Accelmed, RDC, MTIP and other unnamed global venture capitalists. What they do The Ramat Gan, Israel-based company develops a cybersecurity platform designed specifically for healthcare providers. The software scans a...
By Laura Lovett January 8, 2019
It’s no secret investors are actively pouring money into the digital health arena. This was particularly true in 2018, which saw a 42 percent increase from 2017’s digital health investments, with the industry raking in around $8.1 billion, according to a recently released RockHealth funding report. Over all, digital health investments have been steadily on the rise since 2011 (expect for 2016...
By Laura Lovett January 7, 2019
This morning free health monitoring company EarlySense announced a $39 million funding round. Hospital bed manufacturer Hill-Rom and Wells Fargo & Company led the round with participation from BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital.  This funding news comes just a month after the announcement that EarlySense’s free monitor will now be...

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