Andreesen Horowitz

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By  Trevor Dermody 11:07 am March 21, 2024
Safety-focused large language model company Hippocratic AI announced the closing of an oversubscribed $53 million Series A funding round, bringing its total raise to $120 million. The funding brings the valuation of the company to $500 million. The round was co-led by General Catalyst and Premji Invest, with participation from Memorial Hermann Health System and SV Angel.  Additional investors...
By  Laura Lovett 04:50 pm March 20, 2020
The novel coronavirus represents a global pandemic the likes of which haven't been seen for roughly a century, and has put enormous pressures on the healthcare system and the economy alike.   To date the World Health Organization reports 209,839 confirmed cases and 8,778 deaths due to the virus. Healthcare providers and government agencies have scrambled to find ways to treat and stop the spread...
By  Laura Lovett 03:01 pm February 28, 2020
Yesterday morning healthcare data platform Ribbon Health announced that it closed a $10.25 million Series A funding round. Veteran digital health investor Andreessen Horowitz (a16z) led the round, and Y Combinator and BoxGroup also participated.  A number of individual health tech CEOs also contributed to this round, including Flatiron Health CEO Nat Tuner, Clover Health CEO Vivek Garipalli and...
By  Laura Lovett 03:43 pm February 24, 2020
Last week tech-enabled health assessment company Q Bio emerged out of stealth mode and announced a $40 million in Series B funding. Andreessen Horowitz led the round with participation from Vinod Khosla of Khosla Ventures.  Following their investments, Andreessen Horowitz’s Vijay Pande and Khosla will be joining the board.  WHAT THEY DO  The company conducts a full workup of patients based on...
By  Heather Mack 12:56 pm June 14, 2017
San Francisco-based Omada Health has raised $50 million in new funding, led by commercial partner Cigna. Civilization Ventures and Sanofi Genzyme BioVentures also contributed to the round. Omada last raised money in September 2015, when it took in $48 million. This latest round brings the company’s total funding to $127.5 million. Along with the funding, Cigna will also expand its collaboration...
By  Heather Mack 01:29 pm December 6, 2016
Boston-based PatientPing, which makes a care coordination platform that alerts healthcare providers whenever a patient receives care elsewhere, has raised $31.6 million in Series B funding in a round led by Andreesen Horowitz and Leerink Transformation Partners. Previously, the company raised $9.6 million, and this lastest round brings the PatientPing's total funding to $41.2 million.  The...
By  Heather Mack 05:50 pm August 10, 2016
On-demand digital health concierge Accolade Health, which provides its services for employers, health plans and health systems, raised more than $70 million in new Series E funding in a round led by Andreesen Horowitz with participation from other investors including Madrona Venture Group. Accolade will use the capital to expand its technology platform, R&D and sales and marketing initiatives...