Technology-enabled diabetes management company Livongo Health has raised $52.5 million in new funding in a round co-led by General Catalyst, an existing investor, and international investment company Kinnevik. Other investors included Microsoft Ventures, American Investment Holdings, and EDBI, a Singapore-based fund whose portfolio includes WellTok, GoBalto, and Sotera Wireless. All previous...
San Francisco-based PatientBank, which makes an online medical record storage and retrieval platform, has raised $2.2 million in seed funding led by General Catalyst and Khosla Ventures. SV Angel, Spectrum 28 and Data Collective also contributed to the round.
PatientBank a graduate of Y Combinator, was created to help people gather and share medical records online. Users can order from any doctor...
Some of the biggest challenges for digital health companies today are engagement, navigating the many stakeholders in healthcare, and the approaching but gradual advent of AI and automation, according to a panel of investors who spoke last week at Partners Connected Health Symposium in Boston, Massachusetts. The panel was moderated by Lee Shapiro, a managing partner at 7wire Ventures.
Emily...
Late last month we wrote, based on a report from Fortune, that tech saavy up-and-coming health insurer Oscar was raising at least $150 million in a round led by Fidelity. That round is now confirmed, according to Forbes, and it's for more than initially reported: a total of $400 million. The deal reportedly values Oscar at $2.7 billion, just a bit shy of the $3 billion valuation Fortune predicted...
Lexington, Massachusetts-based Imprivata confidentially filed a draft statement with the Securities and Exchange Commission (SEC) for an initial public offering this week. The draft filing marks the second confidential filing for a digital health company in the past few days -- healthcare costs transparency company Castlight Health filed for an IPO at a reported valuation of upwards of $2 billion...
DrChrono, one of the few electronic health records (EHR) vendors to offer an EHR built from the ground up for the Apple iPad, has raised $675,000 in seed funding, according to a report in TechCrunch. The investors include General Catalyst, Charles River Ventures, 500 Startups, Gmail creator and FriendFeed cofounder Paul Buchheit, Google’s Principal Engineer Matt Cutts, and the Start Fund....