General Catalyst

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By  Jessica Hagen 02:04 pm November 15, 2022
Virtual women and family health provider Maven Clinic announced it raised $90 million in a Series E funding round, bringing the virtual clinic's funding total to $300 million.  General Catalyst led the round with participation from La Famiglia, CVS Health Ventures, and Intermountain Ventures. Existing investors also participated, including Oak HC/FT, Dragoneer Investment Group, Sequoia, Lux...
Providers using a computer in a hospital.
By  Emily Olsen 12:01 pm November 15, 2022
Venture capital firm General Catalyst announced a slew of new health system partners on Tuesday, bringing its total number of collaborators in the U.S. to 14. The 10 new partners include Banner Health, Cincinnati Children's Hospital Medical Center, Hackensack Meridian Health, Health First, MetroHealth, OhioHealth, the Medical University of South Carolina (MUSC), UC Davis Health, UC Irvine Health...
Plume Health welcome screen on smartphone
By  Laura Lovett 01:19 pm February 8, 2021
Colorado-based digital health startup Plume landed $14 million in Series A funding for its virtual platform designed to help members of the transgender community find health services. Craft Ventures led the round with participation from General Catalyst, Slow Ventures and Town Hall Ventures. This comes roughly a year after the company launched its product to the public with a focus on gender-...
Color's COVID-19 testing kit
By  Laura Lovett 11:28 am January 5, 2021
This week population health and genomics company Color became digital health’s latest unicorn after scoring $167 million in Series D funding. General Catalyst led the round with participation from funds and accounts advised by T. Rowe Price Associates and Viking Global Investors. The company now boasts of $278 million in financing with a valuation of $1.5 billion. WHAT IT DOES Color created a...
By  Laura Lovett 01:20 pm December 9, 2020
Adaptive virtual care company Story Health launched this week with $4 million in seed funding from veteran health tech investors General Catalyst and Define Ventures.  Focused on simplifying specialist care, the new platform is headed by a team of Verily alumni, including its CEO Tom Stanis, Verily’s cofounder, and Chief Product Officer Nikhil Roy.  WHAT IT DOES  The technology was designed to...
By  Laura Lovett 11:54 am October 9, 2020
When it comes to taking bets on what’s next in healthcare, investors are often the ones calling the shots. Hemant Taneja, managing director of General Catalyst, has sat in the driver’s seat on some of the biggest digital health deals. His firm has invested in a number of digital health companies, from behavioral health company Mindstrong to fitness startup Tempo. But perhaps Taneja’s is best...
By  Laura Lovett 03:05 pm July 30, 2020
This week digital home fitness system Tempo announced a $60 million Series B funding round. Northwest Venture Partners and General Catalyst led the round with participation from DCM, Bling Capital, SignalFire, Founders Fund and Y Combinator.  As part of the deal, Northwest Capital’s Edward Yip and General Catalyst’s Holly Maloney were added to the board of directors.  This news comes just months...
By  Laura Lovett 04:20 pm June 26, 2020
Health insurtech company Oscar Health scored a whopping $225 million in Series C funding from Google’s parent company Alphabet, General Catalyst, Khosla Ventures, Lakestar, Thrive Capital and Baillie Gifford.  This comes roughly two years after the company announced a $165 million funding round led by Brian Singerman and Founders Fund.  WHAT THEY DO  The company offers direct-to-consumer health...
By  Laura Lovett 01:31 pm May 15, 2020
Earlier this week digital substance-abuse-recovery platform Ophelia landed $2.7 million in seed funding, according to Forbes reports. The latest round was led by General Catalyst, Refactor Capital and Y Combinator.  WHAT THEY DO  Ophelia focuses on helping folks with an opioid use disorder quit. Patients first are required to go to an in-person visit with a physician in order to get a...
By  Laura Lovett 04:39 pm April 7, 2020
On Monday morning, behavior health company SonderMind scored $27 million in its Series B funding round. General Catalyst led the round with participation from F-Prime Capital, Kickstart Seed Fund, Diōko Ventures and Jonathan Bush.  WHAT THEY DO  The Denver, Colorado-based company helps link up patients and therapists based on specific needs and geographic location. The tool checks to make sure...