Investor

Alodokter mobile app
By  Adam Ang 08:12 pm July 6, 2023
Indonesian digital health company Alodokter has acquired the pregnancy app Diary Bunda from Japanese conglomerate Marubeni Corp. for an undisclosed sum. Meanwhile, Marubeni also pledged an investment to Alodokter's parent company, Singapore-based Ranelagh, which also operates the doctor platform Alomedika.  WHY IT MATTERS Launched in 2020, Diary Bunda provides personalised medical information and...
Lynne Chou O'Keefe, founder and managing partner of Define Ventures
By  Jessica Hagen 10:53 am June 30, 2023
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...
Person sitting in a wheelchair with a healthcare provider in scrubs standing over them
By  Jessica Hagen 01:52 pm June 29, 2023
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...
Surgeons in scrubs looking down at a patient in the operating room
By  Jessica Hagen 12:35 pm June 29, 2023
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...
Person sitting on their couch speaking to a healthcare professional on a tablet
By  Jessica Hagen 01:16 pm June 16, 2023
Hybrid value-based behavioral healthcare provider, Octave, announced it had scored $52 million in Series C funding, bringing its total raise to $86 million.  Cigna Ventures, Novo Holdings and Avidity Partners led the round, with participation from existing investors Greycroft Partners, Health Velocity Capital, Obvious Ventures, Company Ventures and Felicis Ventures.  WHAT IT DOES Octave offers in...
InstantScripts mobile app Photo courtesy of InstantScripts
By  Adam Ang 11:41 pm June 13, 2023
Australian Pharmaceutical Industries, a wholly-owned subsidiary of ASX-listed conglomerate Wesfarmers, is buying local telehealth business InstantScripts for A$135 million ($91 million).  Founded in 2018, the online health clinic offers a range of digital services, including telehealth consultations, online prescriptions, medical certificates, blood test requests, health management plans and...
Dr. Daniel Kraft, founder and chair of Digital.Health and NextMed Health and general partner at Continuum Health Ventures
By  Jessica Hagen 01:54 pm June 12, 2023
As a long-time innovator and Stanford and Harvard-trained physician and scientist, Dr. Daniel Kraft has seen how technological advancements impact patient care and has spoken extensively on the intersection of healthcare and technology.   Kraft, who is also founder and chair of Digital.Health and NextMed Health, and also general partner at Continuum Health Ventures, sat down with MobiHealthNews...
A pregnant person sitting in a chair while looking at a tablet
By  Jessica Hagen 02:06 pm June 9, 2023
Pomelo Care, a virtual maternity care platform, scored $33 million in seed and Series A funding led by Andreessen Horowitz.  The New York-based company partners with employers, health plans and providers to offer virtual fertility, pregnancy and newborn care from preconception through a baby's first year. Its offerings include nutrition counseling, educational content, primary and women's care,...
Healthware, Digital Therapeutics Alliance report's cover page
By  Jessica Hagen 12:38 pm June 9, 2023
Italy-based healthcare agency, consultancy and digital health group, Healthware, and the Digital Therapeutics Alliance, a nonprofit organization based in Virginia that provides thought leadership and education to advance digital therapeutic adoption, today announced the release of a report outlining policy pathways for digital health adoption in Europe. Alberta Spreafico, managing director of...
Healthcare provider sitting on a desk holding a tablet while smiling
By  Jessica Hagen 11:35 am June 8, 2023
Boston-based Laudio, a healthcare management platform, announced that it has raised $13 million in Series B funding, bringing its total raise to $25 million. Define Ventures led the round, with participation from InHealth Ventures, .406 Ventures, TeleTracking Technologies and MemorialCare Innovation Fund. A.G Breitenstein, venture partner at Define Ventures, is joining Laudio’s board of directors...