Concerto HealthAI, the maker of a clinical insight generation platform that employs real-world data in its analyses, has closed $150 million in aggregate Series B financing. Declaration Partners headed the investments, which also featured Maverick Ventures, AllianceBernstein PCI and SymphonyAI Group.
Concerto boasts 90% year-over-year revenue growth for its business, and paired the funding...
Switzerland-based Type 2 diabetes treatment provider Oviva announced it has raised $21 million (€18.8 million) in Series B funding.
The round was led by Swiss healthtech investor MTIP, joined by Earlybird as new investors. Existing investors AlbionVC, F-Prime Capital, Eight Roads Ventures and Partech all participated.
It brings the total amount raised by Oviva to date to $34 million (€30.5...
Digital health funding is on the decline, according to yet another funding report, this time from Mercom Capital Group. According to the company’s latest report, in 2019 digital health funding came in at $8.9 billion with 615 deals — a drop from the $9.5 billion and 698 deals recorded in 2018.
“After three consecutive years of growth, venture deals, and dollars for digital health companies...
Embodied Labs, a young company using virtual reality to provide immersive training for caregivers, has raised $3.2 million in seed funding, the company announced yesterday at the Health 2.0 VentureConnect event on the sidelines of the JP Morgan healthcare conference in San Francisco.
“The round is very exciting because we triangulated experts in healthcare and aging care with [experts in]...
Type 2 diabetes management company Virta announced a whopping $93 million Series C financing round late last week. The latest round was led by Caffeinated Capital with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC.
This announcement brings the company’s total funding pot to around $166 million, coming roughly a year-and-a-half after its Series B round,...
DrChrono — the maker of a mobile-friendly EHR, billing and practice management platform, has raised $20 million in a newly announced growth capital round headed by ORIX Growth Capital.
WHAT THEY DO
DrChrono was one of the first companies to offer an EHR that ran on mobile devices like smartphones and tablets natively, and in particular worked closely with Apple and others to ensure that its...
Singapore-based on-demand home caregiving services platform Homage announced that it has raised an undisclosed amount of Series B funding. The double-digit round was led by EV Growth, with new investors Alternate Ventures and KDV Capital also joining the round and participated by existing investor HealthXCapital.
EV Growth, a Singapore headquartered venture capital firm, is a joint venture...
2019 closed out the decade with $7.4 billion in digital health deals and a spike of six health tech IPOs, according to Rock Health’s latest funding report.
Over the last decade the amount of yearly funding in digital health deals has generally been on the rise; however, 2019 saw a slight decrease in funding from 2018 ($8.2 billion). This wasn't surprising to Rock Health, which predicted this...
Online fitness membership platform ClassPass announced this morning the close of a hefty $285 million Series E investment round that, according to a spokesperson, propels the New York-based company’s valuation past the $1 billion mark.
The new raise was led by L Catterton and Apax Digital, while prior backer Temasek also made an appearance. As a result of their participation, L Catterton’s Marc...
Oncology management platform OncoLens landed $2.5 million in a Pre-Series A round led by Atlanta Technology Angels and the Robbins Fund yesterday.
This news comes less than a year after the Atlanta-based startup announced a $1.35, which was also led by Atlanta Technology Angles, as well as BIP Capital.
WHAT THEY DO
The startup has designed a platform that connects the care teams of patients...
