Brightside Health

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By  Trevor Dermody 05:11 pm March 28, 2024
Telemental health company Brightside Health announced it raised $33 million dollars in Series C funding powered by healthcare-focused venture capital firm S32.  Kennedy Lewis, Time BioVentures, and 23andMe founder Anne Wojcicki participated in the round. Existing investors ACME, Mousse Partners and TriVentures also contributed. The company confirmed the $33 million raise in an email to...
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By  Jessica Hagen 01:21 pm December 7, 2022
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, announced that president and CEO Dr. Todd Fruchterman is stepping down. He also will leave his position on the board of directors.  Jonathan Rothberg, founder and chairman of the board, will step in as interim CEO, and Fruchterman will assist Butterfly's leadership with the transition until the end of the year.  "On...
A woman presents to investors
By  Emily Olsen 02:35 pm March 29, 2022
Pediatric behavioral health company Brightline raised a whopping $105 million, pushing its valuation to $705 million, according to reporting by Bloomberg.  The round was led by KKR & Co., with participation from existing investors, including GV, Optum Ventures, Oak HC/FT Partners Threshold Ventures and Blue Cross Blue Shield of Massachusetts. CEO Naomi Allen told Bloomberg it would use the...