Investing

Group of three people on left, two people shaking hands in middle, three people standing behind office chairs on right
By  Trevor Dermody 01:48 pm April 24, 2024
Alaffia Health, which creates genAI solutions for health insurance claims, secured $10 million in Series A funding, bringing its total raise to $17.6 million.  FirstMark Capital led the funding round with participation from GingerBread Capital and existing investors Aperture Venture Capital, Anthemis, 1984 Ventures, Tau Ventures and Remarkable Ventures.  Amish Jani, founder and partner of...
Three healthcare providers standing in the hallway of a clinical building looking at a tablet together
By  Jessica Hagen 12:44 pm April 22, 2024
Lumeris, a value-based care strategy, technology and operations company, announced it secured $100 million in an equity capital raise led by Deerfield Management.  Endeavor Health joined as a new investor, and BlueCross BlueShield Venture Partners, Sandbox Industries, Kleiner Perkins and JDLinx participated in the round. WHAT IT DOES The Missouri-based company strategizes with health systems and...
Healthcare provider standing up and talking to a patient who is also standing
By  Jessica Hagen 02:03 pm April 16, 2024
Kontakt.io, an analytics company focusing on the inpatient healthcare journey, announced it secured $47.5 million in a Series C funding round led by Growth Equity at Goldman Sachs Asset Management (Goldman Sachs).  Christian Resch, partner at Goldman Sachs, will join the company's board of directors.  WHAT IT DOES Kontakt.io uses AI and real-time Internet of Things (IoT) to garner insights into...
Person sitting on their couch holding a cup of coffee while speaking to a virtual healthcare provider on their computer
By  Jessica Hagen 11:03 am April 16, 2024
Two Chairs, a California-based hybrid behavioral health company, announced it had closed a $72 million Series C equity and debt-financing round. Amplo Financing led the round, with Fifth Down Capital and other investors participating. Bridge Bank provided the debt financing.  The round brings the company's total raise to $103 million.  WHAT IT DOES Two Chairs matches patients with the correct...
Three people with arms raised celebrating around computer monitor
By  Trevor Dermody 03:51 pm April 15, 2024
Phoenix-based Dot Compliance, which provides an AI-powered quality management system for compliance, announced it closed $17.5 million in Series B extension funding, bringing its total funding to $50 million. The funding round was led by existing investors IGP Capital and Vertex Ventures with additional investment from TPY Capital.  WHAT IT DOES Dot Compliance AI solutions provide a vendor-...
Two people seated, wearing masks
By  Trevor Dermody 03:44 pm April 12, 2024
Provider-focused digital mental health company Grow Therapy announced it has closed $88 million in Series C funding.  Sequoia Capital led the round, with additional investment from Growth Equity at Goldman Sachs Alternatives and PLUS Capital. Several artists and athletes also contributed to the round, including Dak Prescott, Anna Kendrick, Joe Burrow, Lily Collins and Jrue Holiday.  Additionally...
medical providers and business people sit around table
By  Trevor Dermody 04:08 pm April 8, 2024
Boston-based telehealth company Amwell Health announced it received notice from the New York Stock Exchange (NYSE) that it has fallen out of compliance with NYSE’s minimum stock price requirement.  The listing criteria requires a company’s stock price to be over $1 for 30 consecutive days. Amwell was trading at $0.74 per share at the time this article was published. The company's stock last...
Four people standing in front of a large window with two of them shaking hands
By  Jessica Hagen 05:10 pm April 4, 2024
California-based Biolinq, a health technology company developing precision multi-analyte wearable biosensors for metabolic health, announced it scored $58 million in financing. Alpha Wave Ventures led the round, with participation from Niterra’s corporate venture capital fund, which is jointly operated with Pegasus Tech Ventures.  Existing investors, including AXA IM Alts, Senvest Management,...
AITRICS Vital Care software
By  Adam Ang 07:02 pm April 3, 2024
Medical AI startup AITRICS has recently raised 27.1 billion won ($20.1 million) in a Series B funding round. The funding event drew the participation of both existing and new investors, including Premier Partners, BNH Investment, BSK Investment, Bonum Investment, DS Investment & Securities, Ulmers Investment, HB Investment, Shinyoung Securities, and HRZ.  This adds to the 3.5 billion ($2.6...
Person standing with arms crossed
By  Trevor Dermody 05:11 pm March 28, 2024
Telemental health company Brightside Health announced it raised $33 million dollars in Series C funding powered by healthcare-focused venture capital firm S32.  Kennedy Lewis, Time BioVentures, and 23andMe founder Anne Wojcicki participated in the round. Existing investors ACME, Mousse Partners and TriVentures also contributed. The company confirmed the $33 million raise in an email to...