A federal judge dismissed a securities class-action lawsuit filed against virtual care company Teladoc Health pertaining to its $18.5 billion merger with chronic care company Livongo.
The complaint, originally filed by shareholder Jeremy Schneider in 2022 on behalf of parties that purchased Teladoc shares between Feb. 2021 and July 2022, alleged the virtual care company's representatives misled...
Define Ventures, a venture firm whose portfolio consists of well-known early-stage startups in Silicon Valley, received $460 million in Fund III and Opportunities Funds and is looking to expand its investments in digital health.
The firm invested in Folx, which offers virtual healthcare services for the LGBTQ+ community, hybrid women's healthcare provider Tia, digital care management platform...
Boston-based Author Health, a hybrid care platform for Medicare Advantage members with serious mental illness and substance use disorders, launched with $115 million in financing.
General Atlantic led the round with participation from Flare Capital Partners.
WHAT IT DOES
Author Health provides virtual and in-person psychiatric care for Medicare Advantage recipients with a mental illness or...
Augmedics, an augmented reality surgical-navigation platform, has scored $82.5 million in Series D financing led by CPMG.
Evidity Health Capital joins the round as a syndicate partner. Current investors Revival Healthcare Capital, H.I.G. Capital, Almeda Ventures and others participated in the round.
WHAT IT DOES
Augmedics xvision Spine System, which received FDA clearance in 2019, utilizes...
AvoMD, an AI-enabled platform that allows clinicians and hospitals to create apps for use at the point of care, announced it closed $5 million in a seed funding round led by AlleyCorp.
Epsilon Health, MedMountain Ventures and Las Olas also participated in the round alongside Dr. Kavita Patel, venture partner at New Enterprise Associates and senior policy advisor at Stanford University, and...
Health technology company Aledade announced it scored a whopping $260 million in Series F funding.
Lightspeed Venture Partners led the round, with participation from Venrock, Avidity Partners, OMERS Growth Equity and Fidelity Management & Research Company.
According to Bloomberg, the latest funding round brings the company's valuation to $3.5 billion, aiding the company in achieving unicorn...
Senior-focused digital health platform DUOS announced it secured $10 million in funding, bringing its total raise to over $33 million.
Primetime Partners, SJF Ventures and CEOc's Aging Innovation Fund managed by Castellan Group led the round.
WHAT IT DOES
DUOS initially offered a direct-to-consumer platform that pairs older adults with a manager, called a Duo, who can set up rides, arrange food...
Seattle-based Outbound AI, a company offering AI-powered virtual agents that perform administrative tasks, announced it scored $16 million in seed funding.
Madrona Venture Group and SpringRock Ventures co-led the round, with participation from Ascend, Pack Ventures, Epic Ventures, Tacoma Venture Fund, Locke Capital and KCRise Fund.
WHAT IT DOES
Outbound AI is a conversational AI tool for...
Caraway, a virtual care startup focused on providing mental, physical and reproductive healthcare for Generation Z, has secured $16.75 million in Series A funding led by Maveron and GV.
Existing investors 7wireVentures and Hopelab Ventures also participated in the round alongside Wellington Access Ventures, Ingeborg Investments and The Venture Collective.
OMERS Ventures was a seed stage investor...
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