digital health funding

clinical automation
By  Laura Lovett 02:30 pm November 15, 2021
Healthcare call automation company Infinitus Systems announced a $30 million Series B funding round. GV led the round with participation from Kleiner Perkins, Coatue Management and others. This latest round of funding brings the company’s total raise to roughly $51.4 million.  As part of the funding news, the company announced that Dr. Krishna Yeshwant, a managing partner at GV, and Aaron Weiner...
DrugStoc
By  Laura Lovett 11:59 am November 15, 2021
The West African digital health market is heating up with two new companies in the region announcing Series A fundings.  This morning DrugStoc, a Nigeria-based startup focused on the medical supply chain, scored $4.4 million in a funding round led by Africa HealthCare Master Fund with participation from Vested World and German Development Bank.  The company created a digital platform that helps...
piggy bank
By  Laura Lovett 02:43 pm November 10, 2021
Radiology-focused startup Sirona Medical has scored $40 million in Series B funding. GreatPoint Venture led the round with participation from Rose Park Advisors, Avidity Partners, 8VC and Global Founder Capital.  This funding round comes just months after the company announced a $22.5 million Series A. Today the company’s total funding is roughly $62.5 million.  WHAT IT DOES The company created a...
Behavioral health
By  Laura Lovett 02:25 pm November 8, 2021
Valera Health announced a $15 million funding round last week for its telehealth platform focused on patients with acute mental health conditions.  The latest infusion of cash was led by Windham Venture Partners with participation from Aquiline Technology Growth, MultiCare Health System, Divergent Investments, Watershed, GreyMatter Capital and Gaingels. This new funding round brings the New York-...
piggy bank
By  Laura Lovett 11:26 am November 3, 2021
This morning voice-powered doctor’s assistant Notable announced a whopping $100 million Series B funding round. ICONIQ Growth led the round with participation from Greylock, F-Prime Capital and Oak HC/FT.  This news comes nearly three years after the company announced its $13.5 million Series A round to help further develop its wearable AI assistant.  WHAT IT DOES The San Mateo, Calif.-based...
Stethoscope, money and a calculator
By  Mallory Hackett 11:28 am October 13, 2021
Digital chronic condition management company Lark Health has closed a Series D funding round worth $100 million. Deerfield Management Company led the raise, with participation from PFM Health Sciences and returning investors Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital and Marvell Technology cofounder Weili Dai. With the money from its Series D round, Lark’s total...
Older man using a tablet
By  Mallory Hackett 11:56 am October 11, 2021
Tech-enabled Medicare Advantage company Devoted Health closed a hefty $1.15 billion Series D funding round led by Uprising and SoftBank Vision Fund 2. Returning investors GIC, Andreessen Horowitz, Premji Invest, Maverick, Frist Cressey Ventures and NextView Ventures as well as new backers ICONIQ Growth, General Catalyst, the Base10 Advancement Initiative and Emerson Collective also chipped into...
Stethoscope on a colorful financial report
By  Mallory Hackett 12:33 pm October 7, 2021
Now that the third quarter of 2021 has ended and the venture reports are coming in, one thing is certain: Investors are continuing to bet big on healthcare innovation. In fact, investors have poured more into healthcare this year – $97.1 billion – than any other industry, according to CB Insights’ State of Venture Q3’21 Report. It has collected 22% of the total amount raised so far in 2021. For...
Stethoscope, money and a calculator.
By  Mallory Hackett 12:19 pm September 30, 2021
Activ Surgical, a Boston-based digital surgery startup, announced a $45 million Series B funding round today. Cota Capital led the round along with new investors BAM Funds, Magnetar Capital, Mint Ventures, Castor Ventures, Dream One Vision and NVIDIA. Investors from the company’s previous raises also chipped in, including DNS Capital, Tao Capital Partners, LRVHealth, Rising Tide VC, GreatPoint...
An older woman using a tablet
By  Emily Olsen 12:03 pm September 30, 2021
Digital health startups in the U.S. serving women and other people with female biology raised $1.3 billion through August 2021, nearly doubling 2020’s full-year total of $774 million, according to a new report by Rock Health.  Rock Health is calling this market segment women+ health, describing tools that relate to cisgender women’s health needs as well as the needs of transgender and nonbinary...