This morning Xealth, a startup that aims to help doctors prescribe digital health apps, closed a $24 million Series B funding round.
This comes more than two years after the Providence St. Joseph Health spinoff closed an $11 million Series A funding round. As of today, the company boasts of $52.6 million in funding.
Advocate Aurora Enterprises led the round with participation from Banner Health...
This morning Wefight, a French digital health company focused on guiding patients with chronic conditions and cancer through their care, scored $11.7 million (€10 million). Digital Health Ventures, Impact Partners, the Business Angels of the BADGE network, MELIES Business Angels, Investir&+, and Angels Santé participated in this round of funding.
This comes roughly two years after the...
Rune Labs, a San Francisco-based brain data startup, closed a $22.8 million Series A funding round led by Eclipse Ventures.
Additional investors in the round include DigiTx Partners and Moment Ventures. As a part of its investment, Eclipse Ventures Partner Justin Butler will join Rune Labs’ board of directors.
WHAT IT DOES
Founded in 2018 to accelerate the development of medicines for...
Digital health and fitness company WHOOP has boosted its valuation to $3.6 billion after securing $200 million in a Series F funding round led by SoftBank Vision Fund 2. Additional investors include IVP, Cavu Ventures, Thursday Ventures, GP Bullhound, Accomplice, NextView Ventures and Animal Capital.
Today’s funding announcement comes less than a year after WHOOP earned unicorn status following...
BrainQ, an Israeli stroke therapy technology company, closed a funding round worth $40 million. Hanaco Ventures led the raise in addition to Dexcel Pharma, Peregrine Ventures and the company’s existing investors.
These funds bring BrainQ’s total amount raised to over $50 million, according to the announcement.
WHAT IT DOES
BrainQ’s technology uses AI to deliver electromagnetic field therapy to...
When it comes to femtech, digital health has options for women concerned about fertility, pregnancy and period tracking. But there just aren’t a lot of choices for older women who need help with menopause or senior care, said Reenita Das, global client leader healthcare and life sciences at Frost & Sullivan.
“We need to be really thinking about the needs and challenges of senior women, women...
On Friday morning clinical data management company Smile CDR announced a $20 million Series A funding round. The new infusion of cash was led by 30 North Group and UPMC Enterprises.
WHAT THEY DO
The Toronto-based company is focused on helping to close medical information gaps with a data and integration platform. Clinicians are able to use the company’s suite to securely store and transfer...
Cayaba Care, a new maternal healthcare startup, launched today with $3.2 million in seed funding.
The financing round was led by Flare Capital and had participation from Digitalis Ventures, Kapor Capital, SteelSky Ventures and additional angel investors.
WHAT IT DOES
Cayaba Care was created to address the maternal health crisis that’s occurring worldwide, but especially in the U.S.
In 2018, there...
Host Jonah Comstock and MobiHealthNews Managing Editor Laura Lovett welcome Heather Mack – former MobiHealthNews Associate Editor, and now the head of content and editorial and Greylock Partners – to look back at another serious funding quarter for digital health and identify some of the trends that drove investment.
This episode is brought to you by OnTrak.
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SonderMind, a Denver-based digital behavioral health company, completed a $150 million Series C funding round, bringing its total amount raised to date to $183 million.
New investors Drive Capital and Premji Invest co-led the round, with additional participation from General Catalyst, Partners Group, Smash Ventures, Kickstart Fund, F-Prime Capital, Founders Circle Capital, Zoma Foundation and FCA...
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