Value-based behavioral health company Forge Health announced an $11 million growth investment led by HC9 Ventures.
WHAT IT DOES
The company is an outpatient provider for mental health conditions and substance abuse treatment that provides care for patients through digital health and in-person clinics.
Currently operating in six states, the company uses multidisciplinary clinical teams and...
This morning Fitbit landed FDA clearance for its long-awaited photoplethysmography atrial fibrillation (AFib) detection algorithm. The algorithm will be part of Fitbit's new Irregular Heart Rhythm Notification feature, which was designed to alert users of potential AFib.
The technology is able to run passively on Fitbit wearables and assess heart rhythm when a person is sleeping or not moving....
This morning, value-based care startup Vytalize Health announced a $50 million Series B funding round. The latest infusion of capital was led by Enhanced Healthcare Partners with participation from Kittyhawk Ventures, Kawn Ventures, NorthCoast Ventures and other existing investors.
This new funding round brings the company's total raise to roughly $70 million.
WHAT IT DOES
Founded in 2014,...
Two health-focused venture funds made their debut this week, supported with millions of dollars to invest in healthcare startups. Earlier this week, pre-scale digital health investor LionBird announced an $85 million fund.
Just a day before, healthcare company AmerisourceBergen unveiled a new $150 venture fund focused on emerging healthcare startups dubbed AB Health Ventures.
Israel-based...
Canadian startup PocketHealth raised $16 million in Series A funding round for its medical image sharing platform. The new round, which was led by Questa Capital with participation from Radical Ventures, brings the company's total raise to $22.5 million.
WHAT IT DOES
The Toronto-based startup is focused on helping patients manage their medical imaging records. Patients that get scans done at a...
Artificial intelligence-backed health-tech startup Viz.ai announced a $100 million Series D funding round that brings its total valuation to $1.2 billion. Tiger Global and Insight Partners led the round, with participation from Scale Ventures, Kleiner Perkins, Threshold, GV, Sozo Ventures, CRV and Susa.
This news comes roughly a year after the company closed its $71 million Series C round. As of...
Virtual reality therapy could be a key to helping patients with psychosis reduce agoraphobic avoidance and distress, according to a recent study published in the Lancet.
In the study VR therapy was used to immerse patients into a variety of social scenarios with a virtual coach to help guide them.
Authors of the study found that patients who had VR therapy and usual care had significant...
Addiction recovery platform Quit Genius is diving into the payer space thanks to a new partnership with B2B insurance company Evry Health. As part of the deal, Evry Health's Dallas-based members will have access to Quit Genius' digital services, which include treatment for tobacco, alcohol and opioid addiction.
This move is part of Quit Genius' larger strategy to expand into the payer market.
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Behavioral health startup Eleos Health announced a $20 million Series A funding round for its AI-backed voice technology that gathers insights into a patient's mental wellbeing. This new funding round comes less than a year after the Boston and Tel Aviv-based startup announced a $6 million seed round, and brings the total raise to $28 million.
F-Prime Capital and Eight Roads Ventures led the...
Clarify Health, maker of a clinical-analytics platform, announced a $150 million Series D funding round led by SoftBank Vision Fund 2. BlackRock, Memorial Hermann Health System, Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital and Sigmas Group also participated in this funding round.
This news comes just a year after the company raised $115 million in Series C funding. This...
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