Fitness-focused startup Gympass announced a $220 million funding round led by Softbank, General Atlantic, Moore Strategic Ventures, Kaszek and Valor Capital Group.
This new infusion of cash lifts the company's valuation to a whopping $2.2 billion. Gympass officially became a unicorn in 2019 when it scored $300 million in strategic funding.
WHAT IT DOES
Founded in 2012, Gympass works with...
Quanta, a medtech company for dialysis care, has scored a whopping $245 million in its oversubscribed and upsized Series D funding round.
Glenview Capital and Novo Holdings co-led the round. Other participating investors include BlackRock, Eldridge, Sands Capital, Millennium, Monashee Investment Management, Puhua Capital, Segulah Medical and Ancora, Orlando Health, Wellington Partners, btov,...
Ride Health, a non-emergency medical transportation (NEMT) coordination platform, has raised $10 million in a funding round led by Topmark Partners.
The round included an equity investment from Excelerate Health Ventures and debt financing from Bridge Bank. Existing investors Activate Venture Partners and Newark Venture Partners also participated in the raise.
This funding round follows the...
Family planning platform for employees Stork Club has added $30 million in new funding through a Series A round.
The round was led by General Catalyst and included participation from existing investors Bowery Capital and Slow Ventures, as well as angel investors Jack Altman, founder of Lattice, Zach Sims, founder of Codecademy, Oleg Rogynskyy, founder of People.ai, and Kevin Mahaffey, founder of...
Pediatric behavioral health platform Brightline has raised $72 million in a Series B funding round led by GV.
New investors Optum Ventures, 7wireVentures, Gaingels and Debra Lee, the chairman and CEO emeritus of BET Networks, participated in the round.
Returning investors include Oak HC/FT, Threshold Ventures, Blue Shield of California, Blue Cross Blue Shield of Massachusetts, SemperVirens VC,...
Mail-order reproductive health company The Pill Club has added on to its 2019 Series B funding raise with an additional $41.9 million in investments.
The extension was led by Base 10, with additional participation from ACME, GV, Shasta Ventures, VMG, Uber’s Dara Khosrowshahi, Honey’s George Ruan and iGlobe.
WHAT THEY DO
The Pill Club allows users to order birth control online and have it sent...
Lyra Health, a behavioral health benefits platform for employers, shared today it has closed a $200 million financing round led by Coatue. Sands Capital and the company’s existing investors also participated in the raise.
This raise brings Lyra’s total funding to date to $680 million and values the company at $4.2 billion, according to a company spokesperson.
WHAT IT DOES
Offered as a health...
Indian health and fitness company Curefit has entered into a partnership with Tata Digital Limited, a subsidiary of Tata Sons, for a private investment of $75 million.
As part of the deal, CureFit founder and CEO Mukesh Bansal will join Tata Digital as president. Bansal will continue his duties with CureFit while embarking on his new leadership position.
With this investment, CureFit has raised...
At-home diagnostic testing startup LetsGetChecked has completed a Series D funding round worth $150 million.
Casdin Capital led the investments with additional participation from CommonFund Capital, Illumina Ventures, Optum Ventures, Transformation Capital, HLM Venture Partners, Qiming Venture Partners USA and professional golfer Rory Mcllroy through Symphony Ventures.
Following past funding...
Chronic kidney disease and end-stage renal disease management company Monogram Health has closed a $160 million Series B funding round led by TPG Capital.
Existing investors Frist Cressey Ventures, Norwest Venture Partners and Humana Inc. also participated in the raise.
Along with their investment, TPG Capital co-managing partner Todd Sisitsky is joining Monogram’s board of directors.
WHAT IT...
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