Trevor Dermody

Person wearing nursing scrubs sitting at desktop
By  Trevor Dermody 02:52 pm April 30, 2024
New York City-based startup Trovo Health, which offers an AI-powered platform backed by a multidisciplinary clinical team that assists providers with complex tasks, announced its launch with $15 million in seed funding. Oak HC/FT led the round. Cofounder and managing partner at Oak HC/FT, Andrew Adams, will join Trovo's board of directors. The company will use the funds to build its technology...
Person talking with provider on laptop
By  Trevor Dermody 12:43 pm April 30, 2024
Teletherapy company Talkspace announced the launch of Behavioral Health Consortium, an offering allowing clinicians to refer insured members with high-acuity needs to in-network specialty-care providers for alcoholism, substance use and eating disorder treatments.  The network includes virtual opioid use treatment company Bicycle Health, outpatient mental health support company Charlie Health and...
Person talking with nurse on laptop
By  Trevor Dermody 03:46 pm April 29, 2024
Virtual care company Teladoc reported $646.1 million in revenue in the first quarter of 2024, a 3% increase from $629.2 million in Q1 2023. Its revenue from Teladoc Health Integrated Care increased to $377.1 million in Q1 2024, an 8% increase year-over-year, and BetterHelp revenue decreased 4% to $269 million.  The company posted an adjusted EBITDA of $63.1 million, a 20% year-over-year increase...
A person holds an infant
By  Trevor Dermody 05:00 pm April 26, 2024
Pediatric telehealth startup Summer Health announced the close of a $11.65 million Series A raise led by 7wireVentures and Lux Capital. Pivotal Ventures, a Melinda French Gates fund, participated in the raise, alongside existing investors Sequoia Capital, Box Group and Chelsea Clinton’s Metrodora Ventures.  Alyssa Jaffee, partner at 7wireVentures, Alfred Lin of Sequoia Capital, Deena Shakir of...
Person looking at open laptop
By  Trevor Dermody 03:40 pm April 26, 2024
Telemedicine company Thirty Madison has partnered with behavioral telehealth company Talkspace to bring mental health offerings to Thirty Mason’s Nurx and Cove users and allow Talkspace users to access migraine treatment and women's healthcare. Talkspace will now serve as the therapy partner for Nurx, which specializes in comprehensive care for women’s dermatology, reproductive health and sexual...
Blood test lab illustration
By  Trevor Dermody 02:45 pm April 25, 2024
Israel-based Scopio Labs announced the FDA granted De Novo clearance for its Full-Field Bone Marrow Aspirate (FF-BMA) software that provides AI-enabled decision support tools for bone marrow analysis.  The FF-BMA application allows for bone marrow aspirate analysis. It combines full-field imaging and an AI-powered decision support system that allows hematopathologists to analyze bone marrow...
A HaptX Glove
By  Trevor Dermody 08:55 am April 25, 2024
Old Dominion University, Washington-based HaptX and Georgia Institute of Technology won a grant to further virtual reality development for the visually impaired using glove-based streaming of braille characters and digital images.  The project will explore how visually impaired people experience virtual environments by using HaptX gloves to interact with streaming digital images and objects....
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...
Smartphone in person's hand
By  Trevor Dermody 12:02 pm April 24, 2024
Food and nutrition tracking app MyFitnessPal announced a new set of tools and content to support members taking GLP-1 medications by helping them maintain proper nutrition and consistency while experiencing weight loss.  MyFitnessPal is a food and nutrition app that allows members to reach their health goals through better food choices. It also provides users with health and fitness information,...
person in hospital bed holds hand of person in white lab coat
By  Trevor Dermody 01:25 pm April 23, 2024
GE HealthCare has partnered with radiation therapy company Elekta to develop new software to improve clinicians experience and enable greater precision treatment.  Elekta will use GE HealthCare’s MIM Software imaging management platform, which GE HealthCare acquired earlier this month. MIM’s auto contouring and treatment management platform will allow Elekta to develop radiation oncology...