Apr 12,2016

Livongo pulls down $45m Series C for digital diabetes program

Livongo Health said today that it raised nearly $45 million in a Series C round it plans to use to grow the footprint of its digital diabetes management program. Livongo said the $44.5 million round included new investors Merck‘s (NYSE:MRK) Global Health Innovation Fund, Cowen Private Investments, Sapphire Ventures, Blue Cross Blue Shield of Massachusetts’ investment arm Zaffre Investments and Wanxiang America Corp. Existing backers General Catalyst, Kleiner Perkins Caufield & Byers, DFJ and 7wire Ventures also participated, the Mountain View, Calif.-based company said. Livongo said it plans to use the cash to expand the diabetes program and to move into other chronic health markets.

FUNDING SERIES C
View Analyst & Ambassador Comments
Go to original news
Apr 25,2016

RecoveryOne raises $1.4 million

The document is a Form D filing submitted to the U.S. Securities and Exchange Commission (SEC) by RecoveryOne, a healthcare technology company that provides digital health solutions for addiction recovery. The purpose of the filing is to disclose that RecoveryOne has raised $1,375,000 in equity financing. The funds will be used to support the company's growth and expansion efforts.

FUNDING FUNDING ROUND
View Analyst & Ambassador Comments
Go to original news
Jul 14,2016

Maine Technology Institute provides nearly $1.5M to 26 Maine companies

The Maine Technology Institute in October awarded $1.45 million in loans and grants to 26 Maine technology companies. MedRhythms Inc. has received a $248,700 loan, which it matched with $313,400 from other sources. The healthcare company, whose CEO lives in Cape Elizabeth, is creating a product that uses music to improve physical therapy and rehabilitation results. Specifically, the MTI loan will allow MedRhythms to build an end-to-end platform, a saleable gait training product, and help it prepare demonstrations for its next generation of products.

FUNDING DEBT FINANCE
View Analyst & Ambassador Comments
Go to original news
Jul 20,2016

Akili Adds Amgen Ventures and M Ventures* to Series B Financing, Increasing Round to $42.4 Million

Akili Interactive Labs, Inc. ("Akili"), a digital medicine company developing novel, non-pharmacological therapeutics and diagnostics for cognitive disorders, today announced an $11.9 million expansion of its recent Series B financing. *Merck Ventures BV, Amsterdam, The Netherlands, a subsidiary of Merck KGaA, Darmstadt, Germany (known as M Ventures in the United States and Canada), and Amgen Ventures, the venture arm of Amgen, joined existing investors to bring the total Series B proceeds to $42.4 million. Akili will use the funds to support and expand clinical development of its clinical-stage products into new areas, with an expanded focus on neurodegeneration, and to build out its commercial infrastructure as Akili nears the market with its late-stage products.

FUNDING SERIES B
View Analyst & Ambassador Comments
Go to original news
Jul 27,2016

Big Health Raises $12M to Bring Evidence-Based Digital Medicine to Millions

Digital health company Big Health today announces a new round of $12 million led by Octopus Ventures with Kaiser Permanente Ventures, returning investor Index Ventures, as well as Sean Duffy (CEO, Omada Health) and JamJar Investments, the UK-based investment fund of the innocent drinks founders. They join existing investors Esther Dyson and Peter Read.

FUNDING SERIES B
View Analyst & Ambassador Comments
Go to original news
Aug 10,2016

This Singaporean startup wants to save you by predicting medical crises before they arise

Biofourmis, a data analytics startup based in Singapore, has recently secured US$1 million in angel funding led by SpesNet and Eden Strategy. Founded in 2015, the startup has been actively working with the healthcare sector to offer predictive, precise and meaningful insights into one’s health.

FUNDING SEED ROUND
View Analyst & Ambassador Comments
Go to original news
Aug 15,2016

Mental health app maker Happify raises $5M to build out employee wellness business

New York-based Happify, which makes a mental health assessment platform available via an app or website, has raised $5 million in a new round of funding that will allow the startup to expand its staff and focus on creating partnerships with health plans and large employers with a new arm of the company, Happify Health.

FUNDING FUNDING ROUND
View Analyst & Ambassador Comments
Go to original news
Sep 20,2016

Theranica raises seed round for Nerivio Migra wearable migraine device

Newly-formed med device company Theranica Bio-Electronics said today it closed a seed financing round led by Dr. Shimon Eckhouse and joined by a group of angel investors. The company did not release the amount raised in the round. Israel-based Theranica is developing the Nerivio Migra, a disposable neuromodulation patch designed to treat migraine headaches

FUNDING SEED ROUND
View Analyst & Ambassador Comments
Go to original news
Oct 14,2016

Ovuline rebrands as Ovia Health, raises $10M to expand benefits business

Ovuline, which makes a suite of women's and family health apps, has raised $10 million in new funding and is renaming the company "Ovia Health". Ovia was already the brand name attached to its suite of apps. Martin Ventures and Zaffre Investments, the investment arm of Blue Cross Blue Shield of Massachusetts, led the round. All of the company's previous investors returned for the round, including Lightbank Ventures, LionBird Ltd, and Bullet Time Venture. The company has been expanding its enterprise operations, with payer customers including Blue Cross Blue Shield of Massachusetts, Optum, General Electric, and Activision.

FUNDING FUNDING ROUND
View Analyst & Ambassador Comments
Go to original news
Dec 07,2016

Vida Health raises $18M for health and wellness coaching app

San Francisco-based digital health coaching startup Vida Health has raised $18 million in Series B funding in a round led by Canvas Ventures. Nokia Growth Partners and existing investor Aspect Ventures also contributed to the round, which brings the company’s total funding to a little under $28 million.

FUNDING SERIES B
View Analyst & Ambassador Comments
Go to original news
Subscribe to FUNDING