This morning Mendel, a startup that uses artificial intelligence to help structure medical information, scored $18 million in Series A funding. DCM led the round with participation from Olive Tree, Zola Global Investors, Millennium Technology Value Partners, Launch Capital, SOSV, Bootstrap Labs and independent investors.
This deal comes roughly four years after the company announced its first $2...
Employee benefits navigation platform Nayya has raised $37 million in a Series B funding round co-led by SVB Capital and ICONIQ Growth.
Additional investors include Bow Capital, Felicis Ventures, Social Leverage SemperVirens, Guardian Strategic Ventures, Unum Business Ventures and CNO Financial Group.
With this raise, in addition to Nayya’s Series A round from earlier this year, the company has...
Akili Interactive, the maker of the FDA De Novo-authorized digital therapeutic EndeavorRx, has scored $110 million in Series D funding. The company also raked in an additional $50 million in debt financing, bringing the total financing round to $160 million.
Neuberger Berman Funds led the equity raise with participation from Polaris Partners, Mirae Assets, Shionogi & Co., New Leaf Venture...
Health management and weight loss app Noom landed a whopping $540 million in Series F funding. Silver Lake led the round with participation from Oak HC/FT, Temasek, Novo Holdings, Sequoia Capital, RRE and Samsung Ventures.
Noom's last funding round raked in $58 million in 2019 in order to help grow the business.
WHAT IT DOES
Historically, Noom has been focused on helping users lose weight and...
AcuityMD, the creator of a data platform for medical device companies, closed a $7 million funding round led by Benchmark, with participation from Ajax Health.
Benchmark General Partner Eric Vishria is joining AcuityMD’s board of directors as part of its investment.
The company launched in 2020 with the mission of breaking down data silos for medical device developers. The AcuityMD platform...
Wheel, an Austin, Texas-based telehealth staffing and services vendor, today shared that it raised $50 million in a Series B funding round led by Lightspeed Ventures.
Existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan took part in the round, along with new investor Future Shape.
As the lead investor, Lightspeed Senior Advisor Dr. Ling Wong will join Wheel’s board of...
PathAI, a Boston-based artificial intelligence pathology company, has closed a Series C funding round worth $165 million.
The round was co-led by D1 Capital Partners and Kaiser Permanente, with additional participation from General Atlantic, Tiger Global Management, 8VC, Adage, Biospring Partners, General Catalyst, KdT Ventures, Polaris Partners, Refactor Capital, and strategic partners Bristol-...
Cue Health, a rapid diagnostics startup with a connected testing device platform, has closed a massive $235 million private financing round.
Investments were made by new backers Perceptive Advisors, MSD Capital and Koch Strategic Platforms, as well as by existing investors including Johnson & Johnson Innovation, Decheng Capital, CAVU Ventures, ACME Capital, and others.
This latest cash...
This morning, British digital company Unmind scored $47 million in Series B funding for its workplace mental health platform. EQT led the round, with participation from Sapphire Ventures, Project A, Felix Capital and True.
In 2019 the company began making the funding rounds with a €3.4 million raise from private investors. In 2020, the company closed its $10 million Series A round led by Project...
Even digital health investors are surprised by the uptick in digital health since the start of the pandemic. According to a survey conducted by Catalyst @ Health 2.0, 100% of investors reported that the use of digital health tools increased beyond expectations.
Sixty-five percent of digital health companies surveyed said the usage of their products or service increased since the start of...
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