General Catalyst

By  Laura Lovett 01:20 pm December 9, 2020
Adaptive virtual care company Story Health launched this week with $4 million in seed funding from veteran health tech investors General Catalyst and Define Ventures.  Focused on simplifying specialist care, the new platform is headed by a team of Verily alumni, including its CEO Tom Stanis, Verily’s cofounder, and Chief Product Officer Nikhil Roy.  WHAT IT DOES  The technology was designed to...
By  Laura Lovett 11:54 am October 9, 2020
When it comes to taking bets on what’s next in healthcare, investors are often the ones calling the shots. Hemant Taneja, managing director of General Catalyst, has sat in the driver’s seat on some of the biggest digital health deals. His firm has invested in a number of digital health companies, from behavioral health company Mindstrong to fitness startup Tempo. But perhaps Taneja’s is best...
By  Laura Lovett 03:05 pm July 30, 2020
This week digital home fitness system Tempo announced a $60 million Series B funding round. Northwest Venture Partners and General Catalyst led the round with participation from DCM, Bling Capital, SignalFire, Founders Fund and Y Combinator.  As part of the deal, Northwest Capital’s Edward Yip and General Catalyst’s Holly Maloney were added to the board of directors.  This news comes just months...
By  Laura Lovett 04:20 pm June 26, 2020
Health insurtech company Oscar Health scored a whopping $225 million in Series C funding from Google’s parent company Alphabet, General Catalyst, Khosla Ventures, Lakestar, Thrive Capital and Baillie Gifford.  This comes roughly two years after the company announced a $165 million funding round led by Brian Singerman and Founders Fund.  WHAT THEY DO  The company offers direct-to-consumer health...
By  Laura Lovett 01:31 pm May 15, 2020
Earlier this week digital substance-abuse-recovery platform Ophelia landed $2.7 million in seed funding, according to Forbes reports. The latest round was led by General Catalyst, Refactor Capital and Y Combinator.  WHAT THEY DO  Ophelia focuses on helping folks with an opioid use disorder quit. Patients first are required to go to an in-person visit with a physician in order to get a...
By  Laura Lovett 04:39 pm April 7, 2020
On Monday morning, behavior health company SonderMind scored $27 million in its Series B funding round. General Catalyst led the round with participation from F-Prime Capital, Kickstart Seed Fund, Diōko Ventures and Jonathan Bush.  WHAT THEY DO  The Denver, Colorado-based company helps link up patients and therapists based on specific needs and geographic location. The tool checks to make sure...
By  Dave Muoio 03:01 pm March 31, 2020
Olive, an artificial intelligence company tackling healthcare administration tasks, has closed $51 million in a funding round led by General Catalyst. Also participating in the raise were the company's existing backers Drive Capital, Oak HC/FT, Ascension Ventures and other unnamed investors. WHAT THEY DO Olive's "AI Workforce" is designed to automate a selection of tedious, high-volume...
By  Jonah Comstock 08:09 am April 11, 2018
Digital chronic disease management company Livongo has raised $105 million in new Series E funding, mostly from existing investors. The company also announced a partnership with nonprofit health insurance company Cambia Health Solutions. General Catalyst and Swedish investment company Kinnevik led the round, with additional participation from existing investors DFJ, Kleiner Perkins Caufield...
By  Jonah Comstock 01:12 pm November 2, 2017
Roman, an online men's health platform initially focused on erectile dysfunction, launched this week with $3.1 million in funding. General Catalyst led the round, with participation from Initialized Capital, Box Group, and Slow Ventures. The company also announced a number of angel investors including Casper CEO Philip Krim, Bark CEO Matt Meeker, WayUp CEO Liz Wessel, Code Academy CEO Zach Sims,...
By  Heather Mack 03:51 pm June 19, 2017
New York-based ClassPass, a virtual fitness membership network, has raised $70 million in Series C funding in a round led by Temasek. Existing investors Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also contributed to the funding, which ClassPass will use to expand operations and develop new products. ClassPass, which was founded in 2013, uses an app to connect users to fitness...