Investing

By  Dave Muoio 11:45 am January 7, 2020
Stockholm, Sweden-based telemedicine platform KRY (known as LIVI outside of the Nordics) has announced a €140 million ($155 million) Series C funding round led by Ontario Teachers’ Pension Plan’s Teachers’ Innovation Platform. Existing investors Index Ventures, Creandum and Accel also participated. WHAT THEY DO KRY is Sweden’s first digital medicine platform, being founded in 2014 and launched in...
By  Dave Muoio 07:00 am January 7, 2020
Non-emergency medical transportation (NEMT) coordination platform Ride Health has closed a $6.2 million seed funding round, it announced this morning. Activate Venture Partners headed the raise, with additional participation from New York Ventures, Newark Venture Partners, BioAdvance and Startup Health. WHAT THEY DO Ride Health offers a real-time, web and mobile NEMT platform for health plan and...
By  Laura Lovett 12:06 pm January 6, 2020
After months of rumors, the tech-enabled primary care provider One Medical has filed for an IPO. The company has tapped JP Morgan and Morgan Stanley to act as the lead bookrunning managers for the proposed offering.  While the stock price is not yet set, the company's SEC filing revealed that it is looking to raise around $100 million in the offering. The company plans to list itself on the...
By  Dave Muoio 08:57 am January 6, 2020
Repisodic, maker of a software platform that streamlines hospital discharge decision-making, has raised $1.75 million in a seed funding round led by American Enterprise Group. WHAT THEY DO Repisodic patient-facing, HIPAA-compliant tool looks to simplify discharge from care. Rather than having case managers or social workers present patients with packets or pamphlets, the software runs users...
By  MobiHealthNews 09:30 am December 31, 2019
*/ In the final quarter of 2019, MobiHealthNews tracked 55 digital health funding deals totaling just over $1.7 billion. The three-month period was headlined by Bright Health’s $635 million Series D round and a $200 million raise from iFit, allowing it to edge out last year’s Q4 of 52 deals at $1.18 billion.  This is a slightly different story than what we see when taking the full year into...
By  Laura Lovett 03:19 pm December 30, 2019
In late December Clinician Nexus, a startup focused on connecting students in healthcare fields with clinical rotations, picked up $1.5 million in a seed funding round. The round was led by Hyde Park Venture Partners with participation from Great North Labs, Sofia Fund and Cedars-Sinai. This new funding brings the company’s total investment number to $2.3 million.  WHAT THEY DO  The Minneapolis-...
By  Laura Lovett 03:04 pm December 19, 2019
Emilio Health, a tech-minded pediatric behavioral health startup, announced a $5 million seed round yesterday. The new cash infusion was led by Oak HC/FT.  As part of the investment deal, Annie Lamont, Oak HC/FT’s cofounder and managing partner, will be joining Emilio Health’s board of directors.  WHAT THEY DO  Emilio is taking a hybrid approach to behavioral health. Its services will include...
By  Laura Lovett 01:43 pm December 18, 2019
This morning the AI-enabled diagnostic and treatment platform Paige, formerly called Paige.AI, announced a $45 million Series B funding round. The latest raise was led by Healthcare Venture Partners with participation from Breyer Capital, Kenan Turnacioglu and other funders.  Today the company has $70 million in investments. This latest round comes roughly two years after the company closed a $25...
By  Laura Lovett 01:41 pm December 17, 2019
This morning Kindbody, a tech-enabled women’s health startup, announced a $4.5 million investment from GV, bringing the company’s total funding amount to $32 million.  This comes half a year after the New York-based company announced its $15 million Series A round let by RRE Ventures and Perceptive Advisors.  WHAT THEY DO This female-led startup uses a hybrid approach to care. It combines face-to...
By  Dave Muoio 12:09 pm December 17, 2019
Bright Health’s funding rounds keep getting bigger and bigger, with the health insurance startup announcing today the close a $635 million Series D. Led by New Enterprise Associates (NEA) with additional support from Bessemer Venture Partners, Cross Creek Advisors, Declaration Partners, Flare Capital Partners, Greenspring Associates, Meritech Capital, Redpoint Ventures and Town Hall Ventures,...