Investing

By  Dave Muoio 11:31 am March 19, 2020
Rivet Health, a revenue cycle management and healthcare pricing transparency platform, has raised $8.25 million in Series A funding. Menlo Ventures headed the round, which also included prior investors Lux Capital and Pelion Venture Partners. WHAT THEY DO Rivet's technology platform helps providers give their patients a pricing estimate prior to their services, as well as the option to pay...
By  Laura Lovett 01:47 pm March 18, 2020
Femtech company Bloomer raised $3 million in seed-round funding for its bra-like ECG tech. The latest round was led by Material Impact with participation from One Brave Idea and several angel investors. WHAT THEY DO The MIT-spinoff is putting electrocardiogram sensors and machine learning algorithms into the fabric of a bra. The tech is able to track a woman’s health data over time. In addition...
By  Dave Muoio 01:35 pm March 18, 2020
New York-based Vault Health, a men's health service combining at-home and telehealth visits, launched last week on the back of a $30 million funding round. Tiger Global Management headed the raise, which also saw investments from Redesign Health and Declaration Capital. So far the practice is active in New York, Florida, Tennessee and Texas. However, the startup has since posted a notification on...
By  Dave Muoio 01:10 pm March 17, 2020
Oura, maker of a health-monitoring smart ring for consumers, has raised $28 million in a new Series B funding round, CEO Harpreet Singh Rai announced today in a medium.com post. Forerunner Ventures, Square and Google's Gradient Ventures participated in the raise. The first two groups will be rewarded with spots on Oura's board of directors, while Gradient Ventures Founder and Managing Partner...
By  Laura Lovett 04:18 pm March 16, 2020
Last week b.well Connected Health, a patient-facing health management platform, landed $16 million in Series A investments, led by UnityPoint Health Ventures, with participation from ThedaCare and Well Ventures. This investment comes with multiple new board seats, with UnityPoint Health Venture’s Austin Duke and ThedaCare’s Dr. Imran Andrabi both joining the board. WHAT THEY DO b.well aims to...
By  Dave Muoio 01:21 pm March 16, 2020
Element Science, a San Francisco startup developing a wearable personal defibrillator, brought in $145.6 million in Series C funding earlier this month. Led by Deerfield Healthcare and Qiming Venture Partners USA, the raise also included new backers Cormorant Asset Management and Invus Opportunities, as well as prior supporters Third Rock Ventures and Google Ventures. WHAT THEY DO Headed by CEO,...
By  Dave Muoio 02:09 pm March 12, 2020
New York City-based RubiconMD, maker of a digital-expert consultation platform, has snagged $18 million in Series C funding. Deerfield Management Company led the new investments, which included the support of prior backers Optum Ventures, HLM Venture Partners, Waterline Ventures and Heritage Provider Network. With this, RubiconMD said that its total fundraise now exceeds $40 million. WHAT THEY DO...
By  Laura Lovett 12:10 pm March 12, 2020
This morning, digital cardiology platform Heartbeat Health scored $8.2 million in Series A funding. Boston-based venture firm .406 Ventures and Optum Ventures led the round with participation from Kindred Ventures, Lerer Hippeau, Designer Fund and Max Ventures.  WHAT THEY DO  The company is focused on using digital tools to aggregate heart data and provide care management to patients.  “I started...
By  Dave Muoio 01:44 pm March 11, 2020
Lyra Health, maker of a digital benefits platform focused on behavioral health, announced today that it is adding $75 million in Series C funding to the roughly $100 million it had raised previously. The new investments were headed by IVP, with additional support coming from new backer Meritech Capital Partners and prior investors Casdin Capital, Crown Venture Fund, Glynn Capital, Greylock...
By  Laura Lovett 03:47 pm March 10, 2020
This morning EEG-focused startup Zeto announced that it scored $7.3 million in Series A funding. The new infusion of cash was led by Seraph Group with participation from Aphelion Capital, SV Tech Ventures, and Shangbay Capital.  WHAT THEY DO  The Santa Clara-based startup created a wireless headset, which uses dry electrodes, and a proprietary software. Cleared by the FDA, the headset, called the...