Investor

Person on a tablet holding a prescription bottle in their hand while sitting next to a window
By  Jessica Hagen 02:41 pm August 1, 2023
FeelBetter, a machine learning-enabled medication-management platform focused on polypharmacy, announced it secured $5.9 million in funding led by Firstime Ventures and Shoni Health Ventures.  Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures also participated in the round.  The latest round brings the company's total raise to $8 million. WHAT IT DOES FeelBetter...
A person using the Halodoc mobile app
By  Adam Ang 12:36 am July 31, 2023
Indonesian health tech company Halodoc has raised $100 million in a Series D funding round led by Astra Digital, a subsidiary of diversified conglomerate Astra International. The round was also joined by Openspace and Novo Holdings. Established in 2016, Halodoc provides online integrated health services, which include telemedicine, medicine ordering, lab test and doctor appointment booking, third...
Two surgeons looking down at a camera with scrubs on while holding surgical tools
By  Jessica Hagen 03:42 pm July 28, 2023
AI-enabled surgical technology company Proprio announced it secured $43 million in Series B funding from new and existing investors, including Bird B. WHAT IT DOES The Seattle-based company offers an FDA-cleared surgical navigation platform dubbed Paradigm, which utilizes light field technology and artificial intelligence to generate 3D visualization of surgery, allowing for intraoperative scans...
Person sitting while looking at a tablet with two other people standing up looking at a graph on a screen
By  Jessica Hagen 06:25 pm July 27, 2023
Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline. The New York-based company's net loss was substantially lower in the second quarter at $4.7 million than its $23 million loss in Q2...
Two healthcare providers standing in front and evaluating brain imaging scans
By  Jessica Hagen 04:30 pm July 26, 2023
Octave Bioscience, a company focused on delivering precision medicine for neurodegenerative diseases like multiple sclerosis, announced it closed a $30 million extension to its Series B round. Hikma Pharmaceuticals' venture capital arm, Hikma Ventures, participated in the round alongside Novartis (dRx Capital) and Intermountain Ventures. Existing investors Echo Health Ventures, Deerfield...
Two people sitting on a couch with a child sitting on one's lap while talking to a healthcare provider on a computer
By  Jessica Hagen 12:34 pm July 26, 2023
Teladoc Health stock rose Tuesday after the virtual care company reported a 10% increase in revenue year-over-year to $652.4 million from $592.4 million in the prior year. For Teladoc Health's Integrated Care segment, revenue increased 5% year-over-year to $360.1 million, and for BetterHelp it increased 18% to $292.4 million in Q2 2023. Revenue in the U.S. rose 8% to $561.8 million, while...
Person looking at images projected onto a wall with a city in the background
By  Jessica Hagen 05:08 pm July 25, 2023
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May. The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
Healthcare provider in scrubs standing in front of an imaging screen
By  Jessica Hagen 12:15 pm July 25, 2023
GE HealthCare, which officially spun off early this year, announced it is raising its full-year guidance range amid increased demand and ease of supply chain woes.  The company reported $418 million in net income in the second quarter compared with $485 million in the prior-year period and revenue of $4.8 billion, a growth of 7% year-over-year and a 9% organic revenue growth.   The health tech...
Person in a red shirt sitting next to someone in a hospital gown lying in a bed
By  Jessica Hagen 05:22 pm July 20, 2023
Family First, which provides employers and health plans with a technology platform to support caregivers' mental health and wellbeing, secured $11 million in Series A funding. RPM Ventures and Eos Venture Partners led the round, with participation from Stephen Fromm and Wormhole Capital.   "Family First has a holistic, expert approach to solving caregiving problems," Jonathan Kalman, founding...
Healthcare provider looking at a tablet while sitting next to a window
By  Jessica Hagen 01:22 pm July 20, 2023
Maternity-care management platform Dorsata filed a lawsuit in Suffolk County, Massachusetts, Civil Court yesterday against healthcare technology company athenahealth and nationwide women's health company Unified Women's Healthcare, alleging 11 counts against the providers, including theft of trade secrets, unjust enrichment, breach of contract and tortious interference with current customers. ...