Sword Health Secures $130M, Introduces AI Care Specialist
With its financing round of $130 million, Sword Health is now valued at $3 billion. The company also unveiled Phoenix, an AI care specialist that guides users through sessions.
Watershed Health Raises $14M For Its Care Coordination Platform
Watershed Health closed a $13.6 million funding round this week. The New Orleans-based company seeks to improve care coordination by connecting providers of all types across the healthcare system.
At ViVE 2024, Panelists Share Prior Authorization Progress and Frustration in Payer Insights Program
At the Payer Insights sessions on Day 1 of ViVE 2024, a panel on prior authorization offered compelling insights from speakers who shared the positive developments in this area after years of mounting frustration. Speakers also shared challenges as they work with providers to figure out how policy developments and technology will work in practice.
Biolinq Snags $58M for ‘Smallest Biosensor in the World’
Biolinq raked in $58 million in capital this week. The company is developing a wearable patch that uses electrochemical sensors to measure a person’s glucose levels from the intradermal space just beneath the surface of their skin.
March Fundraising Roundup: 7 Provider Tech Startups That Closed Rounds This Month
Here is a list of some of the most notable funding round announcements that took place this March in the provider technology space.
Blackbird Health Secures $17M To Expand Youth Mental Health Model
Blackbird Health's $17 million Series A funding round was led by Define Ventures and included participation from Frist Cressey Ventures and GreyMatter. In total, the startup has raised nearly $23 million.
Headlight Secures $18M in Funding To Improve Access to Mental Health Support
Headlight's funding round was led by Matrix and EPIC Ventures. The company also hired new leadership, including CEO Geoff Swindle, who was formerly chief business officer at PillPack and Amazon Pharmacy.
When Investment Rhymes with Canada
Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.
Forta Health Rakes In $55M to Empower Family Caregivers
Forta Health raised $55 million in Series A funding on Wednesday. The startup offers a platform to help family caregivers quickly access care to manage their loved ones' chronic conditions. Its first area of focus is autism spectrum disorder (ASD).
Twin Health Snags $50M to Help Employers, Health Plans Treat Metabolic Disease
Twin Health raked in $50 million in Series D financing. The startup seeks to help patients improve their metabolic health and reduce the need for medications through the “digital twin” technology it sells to employers and health plans.
Sunnyside Secures $11.5M To Help People Build Healthier Drinking Habits
Sunnyside, which offers an app to help consumers moderate their drinking, has raised $11.5 million in Series A funding. The round was led by Motley Fool Ventures and will be partially used for product development.
Covera Health Acquires CoRead, Secures up to $50M To Improve Radiology
Covera Health has finalized its acquisition of CoRead, the companies announced last week but did not disclose the terms of the deal. Covera also announced that it raised up to $50 million in additional Series C funding led by Insight Partners.
Unlocking Transparency in PBM Pricing
The TSX Venture Exchange has a strong history of helping early-stage health and life sciences companies raise patient capital for research and development.
Allara Snags $10M to Scale Its Platform for Women’s Chronic Hormonal Conditions
Allara raised $10 million in a Series A funding round led by GV. The startup offers membership-based virtual services to treat women's chronic hormonal conditions, such as PCOS and endometriosis. CEO Rachel Blank — former executive at Ro and investor at General Catalyst — founded the company partly due to the difficulty she experienced arriving at her own PCOS diagnosis.
Main Street Health Rakes In $315M to Scale Value-Based Care in Rural America
Main Street Health announced the close of a $315 funding round at HLTH — some of the investors included UnitedHealthcare, Humana, Elevance, Centene and CVS. The startup, which scales value-based care in rural areas for both Medicare Advantage and original Medicare patients, also announced that it is expanding to 26 states.
Headway Raises $125M, Reaches Unicorn Status
Headway closed a $125 million Series C funding round. The round brings the New York-based startup’s valuation to $1 billion, reaching unicorn status. The company connects patients to in-network therapists and helps mental health providers avoid the massive administrative burden associated with taking insurance.
Medicare Startup Prioritizing ‘Movement As Medicine’ Snags $17M
Bold, a Los Angeles-based company offering a healthy aging platform for older adults, closed a $17 million Series A funding round. The startup seeks to improve the health of Medicare Advantage beneficiaries through personalized exercise programs designed to prevent falls, decrease musculoskeletal pain and boost physical activity levels.
Integral Snags $7M In Seed Funding for Its Healthcare Data Privacy Platform
Integral raked in $6.9 million in seed funding in this week. The San Francisco-based startup is developing technology that seeks to speed up the process of exchanging sensitive health data while still maintaining robust privacy protection.