Investing

By  Dave Muoio 11:37 am January 28, 2020
Wheel, an Austin, Texas-based vendor of telehealth services and staffing formerly known as Enzyme Health, has launched today alongside the news of a $13.9 million in Series A raise. CRV led the round, which also included Tusk Venture Partners and Silverton Partners. WHAT THEY DO Founded in 2018, Wheel’s strategy is comprised of two major avenues: telehealth staffing opportunities for...
By  Dave Muoio 12:04 pm January 23, 2020
Nanox, the maker of a so-called “digital X-ray device” and an accompanying software platform, has raised $26 million in a new round of funding, bringing its total to roughly $55 million. The company highlighted the participation of its newest strategic investor Foxconn, as well as the support of previous backers such as Fujifilm and SK Telecom. WHAT THEY DO The Israeli company is developing a two...
By  Dave Muoio 03:28 pm January 22, 2020
DoctorLogic, a digital marketing software platform designed for healthcare providers, has closed a $7 million round of Series A funding. The raise was headlined by Unbundled Capital. WHAT THEY DO Founded in 2015, the Texan startup’s platform includes a range of tools designed to increase website traffic, business awareness and patient acquisition for healthcare customers. Its repertoire includes...
By  Laura Lovett 02:47 pm January 21, 2020
This morning HelpAround, a digital platform that helps patients navigate health service options, announced that it scored $6 million in funding. IQVIA led the round with participation from Windham Ventures and other existing investors.  The company has noted that the announcement marks the initial closing of this founding round, and that the final close is expected to take place later in Q1 of...
By  Dave Muoio 02:43 pm January 21, 2020
Gentem, a San Francisco tech startup looking to streamline reimbursement for smaller practices, has raised $3.7 million in seed funding. Susa Ventures headed the raise, which also saw support from Village Global, Vulcan Capital, Hustle Fund, 500 Fintech, Social Starts, Great Oaks VC and other unnamed backers. WHAT THEY DO In an effort to reduce the stress of payments for those working in small-...
By  Laura Lovett 03:11 pm January 20, 2020
Virtual reality-enabled clinical training company Health Scholars has raked in $17 million in Series B funding. This new cash raise comes from investors including Arboretum Ventures, Venture Investors, Capital Midwest Fund, OSF HealthCare and other family office seed funders.  WHAT THEY DO The company uses VR to simulate a variety of clinical situations including operation, resuscitation and...
By  Dave Muoio 11:50 am January 20, 2020
Editor's note: A previous version of this story incorrectly placed the raise at $5.1 million. We apologize for this error. Digital gastrointestinal health company Vivante Health has pulled in another $5.8 million, largely from Lifeforce Capital and Big Pi Ventures. NFP Ventures, FCA Venture Partners and Longmont Capital also took part in the Series A1 round. WHAT THEY DO Vivante’s GIThrive is a...
By  Tammy Lovell 09:23 am January 17, 2020
British startup Touch Surgery has borrowed $70 million to fund its training technology for doctors, according to the Telegraph. The newspaper reported that Touch Surgery arranged the loan in October last year, after having previously raised $19.5 million from the Silicon Valley venture capital fund 8VC. WHAT THEY DO  The company, which was founded by former surgeons Dr Jean Nehme and Dr Andre...
By  Dave Muoio 11:31 am January 16, 2020
Bigfoot Biomedical, a diabetes startup looking to automate insulin delivery via a connected insulin pen, has kicked off its Series C round with an initial tranche of $45 million. The raise is headed once again by Abbott, with prior backers Quadrant Capital Advisors, Senvest Capital, Janus Henderson and Cormorant Asset Management pitching in once again. Alongside the news of its raise, Bigfoot...
By  Laura Lovett 11:14 am January 16, 2020
Yesterday morning mental health-focused startup Modern Health announced that it scored $31 in Series B funding. Veteran digital health investors Founders Fund and John Doerr led the round, with participation from Kleiner Perkins and Afore Capital.  The company said this latest infusion of cash brings its total capital raise to $42 million.  WHAT THEY DO  The San Francisco-based startup works with...