AI-enabled, family-powered autism therapy company Forta announced it closed a $55 million Series A funding round led by Insight Partners.
Alumni Ventures and Exor Ventures also participated in the round, as well as the founders of Forward, Flexport, Curative, 23&Me, Prelude Fertility, Warby Parker, Harry's and Allbirds.
WHAT IT DOES
Forta combines AI and LLMs with a 50-hour training course...
Venture capital firm General Catalyst announced its recently formed business venture Health Assurance Transformation Corporation (HATCo) intends to purchase Ohio-based Summa Health, a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
Summa Health, founded in 1989, is an integrated delivery system that has been operating for over 130 years. It was formed...
Editor's note: Since the release of this article, General Catalyst has announced its intent to purchase Ohio-based healthcare system Summa Health.
Digital health stakeholders need to renew their focus on getting back to the basics, such as improving care access, outcomes, cost and workforce retention, says Holly Maloney, managing director at General Catalyst.
Maloney joined MobiHealthNews to...
Harbor Health, a Texas-based primary care clinic group that offers virtual and in-person care, announced it scored $95.5 million in funding, led by General Catalyst, with participation from Alta Partners and 8VC.
The investment brings the company's total raise to more than $128 million.
The funds will be used to grow its services and expand its specialty care offerings, including designing...
Connecticut-based suicide prevention telehealth platform Vita Health has secured $22.5 million in Series A funding.
LFE Capital, CVS Health Ventures, Athyrium Capital Management, Flare Capital Partners, Connecticut Innovations, CU Healthcare Innovation Fund and HopeLab participated in the round.
WHAT IT DOES
Vita Health connects telehealth providers with youth and adults contemplating suicide....
Boston-based virtual reality platform XRHealth announced it secured $6 million in funding, led by Asabys Partners, with participation from NOVA Prime Fund and the company's current investors.
WHAT IT DOES
XRHealth's platform allows patients with stress and anxiety, chronic pain, fibromyalgia, and neurological conditions to connect with a provider via telehealth and receive recommended therapies...
VMocion, a technology company focused on allowing users to "feel" the motion they see in extended reality (XR) experiences, announced it secured $3 million in seed funding.
AZ Crown and Mayo Clinic participated in the round.
Eric Crown of Insight Enterprises will join the company's board of directors.
WHAT IT DOES
VMocion's 3V technologies provide users with a sense of physical motion while in...
Tech-enabled Medicare Advantage company Devoted Health announced it scored $175 million in Series E funding at the end of 2023.
Venture capital companies Fearless Ventures, Highbury Holdings, Stardust Equity, GIC, Maverick Ventures and The Space Between led the round.
Andreessen Horowitz, Emerson Collective, Socium Ventures, The Private Shares Fund, and affiliated funds, General Catalyst, F-Prime...
Boston-based Heranova Lifesciences, a women's healthcare company focusing on reproductive health, pregnancy and menopause, announced its launch with $13.5 million in seed and seed+ funding.
Emerging Technology Partners, Pivotal bioVenture Partners China, Sinovation Ventures and Triwise Capital participated in the round.
WHAT IT DOES
The company, which also has a presence in China, offers...
Note: Andreessen Horowitz says views expressed by its employees are their own and should not be taken as investment advice. More details at https://a16z.com/disclosures/.
As 2023 comes to a close, Jay Rughani, investment partner at Andreessen Horowitz, joined MobiHealthNews to discuss his takeaways from the year, noteworthy events, recommendations for regulators forming rules around AI in...
