Prescription digital therapeutics (PDTx) developer MedRhythms has added $25 million in Series B financing to its pot. Morningside Ventures and Advantage Capital co-led the raise, with participation from existing investor Werth Family Investment Associates as well.
The funding brings MedRhythms total amount raised to $34 million since its inception.
WHAT THEY DO
MedRhythms' PDTx combines sensors,...
London-based femtech company Elvie raised $80 million in a Series C funding round led by BGF. Additional funds came from accounts managed by BlackRock Private Equity Partners, Hiro Capital, and Westerly Winds, and from existing investors Octopus Ventures and IPGL.
In addition to their participation in the round, investors Daina Spedding from BGF and Persefoni Noulika from BlackRock will join the...
Multimodal healthcare provider Carbon Health has closed a massive $350 million investment round led by Blackstone’s Horizon platform. The new capital brings Carbon Health’s valuation to $3.3 billion, Forbes reports.
Additional participation came from Atreides, Homebrew, Hudson Bay Capital, Intersect Capital, Fifth Wall, Lux Capital, Silver Lake Waterman, Dragoneer Investment Group and Brookfield...
Quit Genius, a digital treatment platform for addiction, closed a $64 million Series B funding round. The round was co-led by Kinnevik and Atomico, with additional participation from Octopus Ventures, Triple Point Ventures and Startup Health.
This, in addition to the company's Series A round from last year, brings its total amount raised to $77.5 million.
WHAT THEY DO
Quit Genius offers treatment...
Truveta, a provider-led startup creating a comprehensive platform of de-identified patient data, has raised $95 million in Series A funding.
The company's health systems, including its three latest members Baylor Scott and White Health, MedStar Health and Texas Health Resources, contributed to the funding round. With the new additions, Truveta's members provide 15% of all patient care in the U.S...
Mytonomy, a video-based patient engagement company, closed a $25 million Series B funding round led by Level Equity. Additional investors including Philips and Carilion Clinic also participated in the raise.
WHAT THEY DO
The company’s customer relationship management platform uses short-form video content and digital communications to engage with patients across the care continuum.
The platform...
After last quarter’s record-breaking amount of funding, Rock Health called digital health "all grown up." Yet if the first half of 2021’s investments indicate anything, it’s that the market is still very much accelerating.
Halfway through the year, digital health has received $14.7 billion in funding – already more than 2020’s full-year amount of $14.6 billion – across 372 U.S. investment rounds...
This morning digital musculoskeletal care-focused startup SWORD Health announced an $85 million Series C funding round. General Catalyst led the round with participation from BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformative Capital and Green Innovations.
This comes roughly six months after the company closed its $25 million Series B round, which it said would go...
Healthcare automation company Olive announced today the closing of a $400 million investment round led by Vista Equity Partners. The new capital boosts Olive’s valuation to $4 billion, the company said.
The Base10 Advancement Initiative also participated in the funding round, which helped create the Olive Scholarship, a series of financial aid awards for America's Historically Black Colleges and...
Healthcare software company Tendo Systems has closed a $50 million Series B funding round led by Lux Capital. General Capital, which led the company’s Series A round, also participated.
Since its founding less than a year ago, Tendo has raised a total of $69 million and is now valued at $550 million, according to the announcement.
Tendo’s yet-to-be-released digital engagement platform and...
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