Finance

Pregnant person sitting in a chair looking at a tablet
By  Jessica Hagen 12:49 pm October 6, 2023
Maternity-focused digital health company Diana Health secured $34 million in Series B funding led by Norwest Ventures Partners, bringing its total raise to $46 million.  Existing investors LRVHealth and .406 Ventures participated in the round, as did AlleyCorp.  WHAT IT DOES The New York-based company partners with hospitals and health systems to offer tech-enabled OB-GYN and women's health...
Healthcare provider sitting at a desk while looking at a tablet
By  Jessica Hagen 04:32 pm October 3, 2023
India-based Doceree, a programmatic marketing platform for pharmaceutical and life sciences companies to reach healthcare professionals, announced it scored $35 million in Series B funding led by Creaegis. Existing investors F-Prime Capital and Eight Roads Ventures also participated in the round. The company, founded in 2019, will use the funds to expand its workforce, speed up product...
A person standing up, holding paperwork watching something while two other people are sitting and one other person has their back turned
By  Jessica Hagen 01:40 pm September 27, 2023
Virgin Pulse, a mobile-first employee wellness and engagement company, announced its intent to merge with HealthComp, a benefits and analytics platform, to create a technology and data-enabled healthcare service for employers.  The reported $3 billion deal, first reported in the Wall Street Journal, will form a combined entity that utilizes technology and an AI-enabled data platform to deliver...
A healthcare provider with scrubs on sitting next to an oncology patient wearing a head scarf
By  Jessica Hagen 11:33 am September 26, 2023
Cancer detection technology startup Adela announced it secured $48 million in funding, bringing its total raise to $108 million.   Labcorp joined the round as a new investor alongside existing investors OrbiMed, Decheng Capital, F-Prime Capital, Deerfield Management and RA Capital Management.  Adela also named Lisa Alderson as its interim CEO. Alderson has served on the company's board of...
Diligent Robotics cofounders Andrea Thomaz and Vivian Chu with the Moxi robot
By  Jessica Hagen 05:34 pm September 22, 2023
Diligent Robotics, maker of the autonomous clinical support robot Moxi, announced it scored $25 million in new funding.  Canaan led the round, with participation from existing investors DNX Ventures, True Ventures and Next Coast Ventures, and new investor Northwestern Medicine Innovation.  Rich Boyle, general partner at Canaan, will join Diligent Robotics' board of directors.  WHAT THEY DO...
Healthcare providers standing next to each other while wearing blue scrubs and looking at a tablet
By  Jessica Hagen 01:00 pm September 21, 2023
California-based real-world data platform Atropos Health announced it completed a strategic financing round with participation from Sumitomo Corporation Venture Group's Presidio Ventures, Samsung Next, Audere Capital, Gaingels and other investors.  WHAT IT DOES Atropos Health offers AI innovations, evidence generation, analytics augmentation and data evaluation to help physicians access real-...
Healthcare provider in scrubs sitting on a couch in a living room with two people
By  Jessica Hagen 09:33 am September 20, 2023
Inbound Health, a value-based care enablement platform for health systems and plans to provide at-home acute and post-acute care, announced the close of a $30 million Series B funding round led by HealthQuest Capital.  Existing investors McKesson Ventures and Flare Capital Partners participated in the round.  The Minnesota-based company will use the funds to expand into new markets and further...
Healthcare worker standing beside a pregnant person lying in bed while both are touching the pregnant person's stomach
By  Jessica Hagen 09:04 am September 19, 2023
GE HealthCare has secured a grant of more than $44 million from the Bill and Melinda Gates Foundation to design AI-enabled applications and tools to help less experienced health professionals in low- and middle-income countries perform ultrasound scans that address fetal and maternal health and respiratory diseases. Caption Health, founded in 2013 and acquired by GE HealthCare earlier this year,...
Healthcare provider talking to a patient while showing them a tablet
By  Jessica Hagen 02:01 pm September 18, 2023
Cardiology care platform CardioOne, a company built through Redesign Health, announced it is partnering with healthcare providers Cardiac Associates of New Jersey, Twin Hearts in Florida and Corrieius Cardiology in Pennsylvania, as well as subscription-based cardiology resources company MedAxiom.  Texas-based CardioOne is a cardiology-focused care delivery enablement platform that offers...
Healthcare provider sitting on a couch with a patient in their home checking their vitals.
By  Jessica Hagen 12:30 pm September 12, 2023
Shareholders of healthcare-at-home specialist Amedisys voted in favor of the roughly $3.3 billion pending acquisition by Optum, a subsidiary of UnitedHealth Group, according to a Securities and Exchange Commission filing. The shareholders approved the adoption of the merger agreement, as well as compensation to the company's executive officers in connection with the merger. Still, the deal...