Investing

By  Dean Koh 03:58 am February 27, 2020
Mumbai-based healthcare AI startup Qure.ai announced that has raised $16 million in funding led by Sequoia India and was supported by MassMutual Ventures Southeast Asia. The fresh funds will be used for geographical expansion, product portfolio expansion and to support regulatory clearances. Qure.ai was founded in 2016 by co-founders Prashant Warier (who is also CEO) and Pooja Rao (who is also R...
By  Dave Muoio 04:29 pm February 26, 2020
Tempo (formerly Pivot), a startup that’s building a consumer workout device that tracks movements via sensor, has opened up sales for its first product, which it will begin shipping in the summer. Called the Tempo Studio, the product takes the form of an in-home cabinet housing a 42-inch screen and a 3D vision camera that scans the user 30 times per second. Along with dumbbells, free weights, a...
By  Sophie Porter 04:12 am February 26, 2020
Technology-powered home care provider Cera Care has announced today the launch of its SmartCare technology in the UK after securing a $70 million financing boost. Cera, who specialise in digitally-enabled care services for the elderly, believe the rollout of their new technology and analytics platform could “potentially [save] the NHS millions”. WHAT IT'S FOR SmartCare utilises machine learning...
By  Laura Lovett 03:43 pm February 24, 2020
Last week tech-enabled health assessment company Q Bio emerged out of stealth mode and announced a $40 million in Series B funding. Andreessen Horowitz led the round with participation from Vinod Khosla of Khosla Ventures.  Following their investments, Andreessen Horowitz’s Vijay Pande and Khosla will be joining the board.  WHAT THEY DO  The company conducts a full workup of patients based on...
By  Dave Muoio 11:29 am February 24, 2020
Healthcare benefits assistance platform HealthJoy has brought in a $30 million Series C funding round, according to a TechCrunch interview being promoted by the startup. Health Velocity Capital led the round, which also included returning backers US Venture Partners, Chicago Ventures and Epic Ventures, among other individual investors. WHAT THEY DO Founded in 2014, HealthJoy expanded its business...
By  Dean Koh 10:33 pm February 23, 2020
Brisbane, Australia-based public company ResApp, which creates smartphone apps for the diagnosis and management of respiratory diseases, announced last week that it has received firm commitments from institutional and sophisticated investors to raise $5 million. The funds raised will be used to accelerate European commercialization and for general working capital. The placement received strong...
By  Laura Lovett 11:33 am February 21, 2020
Yesterday morning telemedicine company Cloudbreak Health announced that it scored $10 million in investments from Columbia Partners Private Capital.  WHAT THEY DO Cloudbreak Health combines telehealth and integrated language services aimed at helping patients with limited English proficiency or who are hard of hearing. The platform looks to provide patients with speciality care such as psychiatry...
By  Laura Lovett 02:51 pm February 20, 2020
This morning workforce management system IntelyCare raked in $45 million in its Series B funding round. The total funding number was made up of equity and debt financing. Endeavour Vision led the round with participation from Kaiser Permanente Ventures and Generator Ventures.  WHAT THEY DO  The company focuses on matching nurses and certified nursing assistants with acute healthcare facilities...
By  Leontina Postelnicu 06:11 am February 20, 2020
Okadoc, maker of a doctor booking platform, has raised $10 million from the Abu Dhabi Investment Office, Ithmar Capital Partners and other institutional and private investors, the startup announced earlier this month. WHAT THEY DO Okadoc previously secured $2.3 million in a seed funding round in 2018, the year it was founded. Its platform, which is free for patients, can be used to book and...
By  Laura Lovett 01:33 pm February 19, 2020
This morning, female-focused digital clinic Maven announced a $45 million raise in a Series C round of funding. The round was led by Icon Ventures with participation from Sequoia, Oak HC/FT, Spring Mountain Capital, Female Founders Fund and Harmony Partners. It also included individual investors made up of Hollywood A-listers and tech entrepreneurs including Reese Witherspoon, Natalie Portman, ...