Investing

person presenting on stage
By  Trevor Dermody 10:45 am March 14, 2024
ORLANDO – Pawan Kohli, strategic advisor at Redesign Health, spoke at HIMSS24 Venture Connect on experiencing failure and the lessons startups can learn to ensure they thrive in an ever changing digital health market.  Global digital health funding was cut substantially in 2023 compared with 2022, while deals dropped to the lowest level since 2016. Additionally, there were just three mega-rounds...
Juan Santos, SVP of brand experience and innovation at the Tavistock Group and innovator in Orlando's planned community Lake Nona
By  Jessica Hagen 12:06 pm March 13, 2024
ORLANDO – Juan Santos, SVP of brand experience and innovation at the Tavistock Group and innovator in Orlando's planned community Lake Nona, kicked off the Venture Connect Program at HIMSS24. "If you read about Lake Nona, it has been called Medical City by the media," Santos said. "The reason for this is that at the core of Lake Nona, at the base of who we are, we have a very solid healthcare...
Investors and their business partners coming to a deal
By  Adam Ang 08:36 pm March 12, 2024
The health technology segment in India, which comprises about 10,000 startups, is projected to triple in value by 2028 as investors shift their focus towards businesses that can withstand economic disruptions. A new report by global management consultant Bain & Company, in collaboration with Indian healthcare-focused venture fund HealthQuad, delved into the local healthcare innovation market...
A person in a wheelchair holding a child
By  Adam Ang 02:34 am March 12, 2024
Melbourne-based startup Kismet has received $8.2 million in seed funding from a round led by tech investors Prosus Ventures and Airtree Ventures.  WHAT IT DOES Founded in 2023, Kismet has built a community engagement ecosystem that digitally connects care receivers, caregivers, health insurance, and healthcare providers in the in-home, disabled and aged segments worldwide.  Its web and mobile-...
Provider gives options to patient while looking at a tablet or notepad
By  Trevor Dermody 04:15 pm March 6, 2024
BrainCheck, a digital health company specializing in cognitive assessments, announced it secured $15 million in funding.  The investment was led by seed-stage investor Next Coast Ventures, venture capital firm S3 Ventures and UPMC Enterprises. Additionally, the company announced an expansion of its board of directors, with Nicholas Shapiro, vice president of UPMC Enterprises, joining the...
Healthcare team sitting around a table with laptops on it while talking to another healthcare provider on a TV screen
By  Jessica Hagen 11:05 am March 6, 2024
Chamber Cardio, a population health platform helping cardiology teams shift to value-based care, has secured $8 million in a seed funding round led by General Catalyst.    Existing investor AlleyCorp participated in the round, as did Company Ventures, American Family Ventures and CityLight. "As we started to contract with providers throughout the country, we saw they are ready for value-based...
Numerous employees sitting at desks in a room with large windows
By  Jessica Hagen 01:04 pm March 4, 2024
Healthee, a healthcare benefits navigation platform, announced it secured $32 million in a Series A funding round.  Fin Capital, Glilot Capital Partners, and Group11 co-led the round with participation from TriNet, a publicly traded company providing companies with HR-related offerings, including payroll, benefits, compliance and risk-management solutions.  Lior Litwak, managing partner and head...
Healthcare provider in the clinical setting sitting at a desk and looking at a tablet
By  Jessica Hagen 02:36 pm February 29, 2024
Healthcare data exchange startup Moxe Health raised $25 million in growth capital from Trinity Capital. WHAT IT DOES The company offers payers and providers tools for sharing patient health record information. Moxe's convergence product allows payers to input their insights into the EHR for providers. For providers specifically, the company offers its digital release of information product, which...
Person sitting in front of a computer while talking to a virtual healthcare provider
By  Jessica Hagen 10:47 am February 29, 2024
Digital gastrointestinal care startup Salvo Health announced it has closed a $5 million Seed Prime round led by City Light Capital and Human Ventures. The company's existing investors also participated in the round, including Torch Capital, Threshold Ventures and Felicis Ventures. Angel investors Anmol Madan, founder of Ginger Health and Teladoc's former chief data scientist also contributed. ...
Person sitting in a chair holding a tablet while smiling and wearing glasses
By  Jessica Hagen 01:18 pm February 28, 2024
Ohio-based Redi Health, a tech-enabled health management platform for patients and healthcare providers, announced it closed a $14 million Series B funding round led by Blue Heron Capital.  North Coast Ventures participated in the round alongside existing investors Mutual Capital Partners, Rev1 Ventures, M25 and Refinery Ventures. WHAT IT DOES Redi Health offers a patient-facing mobile app and...