Oura Health, the health tech company behind Oura Ring, has completed a Series C funding round totaling $100 million.
The round was led by the Chernin Group and Elysian Park, the investment arm of the L.A. Dodgers, and included new investors Temasek, JAZZ Venture Partners and Eisai. Returning backers Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and...
Vida Health, a virtual chronic condition care platform, announced today it has raised $110 million in its Series D funding round led by General Atlantic, Centene and AXA Venture Partners.
Additional support was provided by Ardea Partners, Ally Bridge Group, AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital and Workday Ventures.
WHAT IT DOES
Vida Health’s digital...
Digital pharmacy Capsule has completed another massive funding round, this time worth $300 million, according to Bloomberg.
The added investments value the New York-based startup at more than $1 billion, Capsule CEO Eric Kinariwala said in an interview. This, plus Capsule’s past raises, brings its total funding to date to $570 million.
The funds will go towards market expansion and technology...
Glytec, an insulin management software company, has received $21 million in funding from Silicon Valley Bank, Savitr Capital and other private investors.
The company collected $9 million in debt financing from SVB and $12 million in equity investments led by Savitr positions, according to its announcement.
WHAT IT DOES
Glytec’s eGlycemic Management System is centered on its FDA-cleared...
Host Jonah Comstock, MobiHealthNews Managing Editor Laura Lovett and MobiHealthNews Associate Mallory Hackett welcome StartUp Health President Unity Stoakes to discuss Q1 2021 digital health funding. With more than $7 billion raised according to MobiHealthNews' tracker and more than $8 billion according to StartUp's, we can all agree it was an impressive quarter. But how do those numbers compare...
Remote care management platform Current Health has closed a $43 million Series B financing round. Northpond Ventures led the round, along with LRVHealth, OSF HealthCare, Section 32, Elements Health Ventures and existing investors.
In addition to the financing, Current Health is adding Andrea Jackson, Director at Northpond Ventures, and Tripp Peake, General Partner at LRVHealth, to its board of...
Digital diabetes management company Virta Health scored $133 million in a Series E funding round led by Tiger Global.
This financing comes on the heels of Virta’s $65 million Series D in December, which propelled it into becoming a unicorn company. With the latest cash infusion, Virta says it has doubled its valuation to $2 billion.
WHAT IT DOES
Virta claims it can reverse Type 2 diabetes with...
Less than a year after its launch, Cohere Health, maker of a care-collaboration platform, announced a $36 million Series B funding round.
Polaris Partners led this latest funding round with participation from new investors Longitude Capital and Deerfield Management. Existing investors Flare Capital Partners and Define Ventures also contributed.
Since its founding, the company has continued to...
At-home digital fitness studio Tempo has raised $220 million in its recently closed Series C funding round. SoftBank Vision Fund 2 led the round with additional participation from new investor Steadfast Capital Ventures and returning investors DCM, General Catalyst, Norwest Venture Partners, and Bling Capital.
Tempo plans to use the money to continue enhancing its artificial intelligence and 3D...
This morning, Vericred, a digital data company focused on the insurance and benefits space, announced a $23 million Series B funding round. Aquiline Technology Growth led the round with participation from Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, Riverside Acceleration Capital, FCA Venture Partners and First Health Capital Partners.
The company, which was founded in...
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