funding Coverage - MedCity News https://medcitynews.com/tag/funding/ Healthcare technology news, life science current events Fri, 14 Jun 2024 18:06:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 228111745 Better Health Raises $14M To Reach More Patients with Chronic Conditions https://medcitynews.com/2024/06/funding-chronic-conditions/ https://medcitynews.com/2024/06/funding-chronic-conditions/#respond Fri, 14 Jun 2024 18:06:02 +0000 https://medcitynews.com/?p=127268

Better Health’s $14 million in funding included investments from Healthworx, the University of Miami Health System and Mosaic General Partnership.

The post Better Health Raises $14M To Reach More Patients with Chronic Conditions appeared first on MedCity News.

]]>
https://medcitynews.com/2024/06/funding-chronic-conditions/feed/ 0 127268
Navigating the Tricky Climate of Health Tech Funding https://medcitynews.com/2024/06/navigating-the-tricky-climate-of-health-tech-funding/ https://medcitynews.com/2024/06/navigating-the-tricky-climate-of-health-tech-funding/#respond Tue, 11 Jun 2024 13:23:00 +0000 https://medcitynews.com/?p=126812

Getting would-be investors—and the right kind of investors—to notice and care about your company requires a robust strategy.

The post Navigating the Tricky Climate of Health Tech Funding appeared first on MedCity News.

]]>
https://medcitynews.com/2024/06/navigating-the-tricky-climate-of-health-tech-funding/feed/ 0 126812
5 Funding Announcements Made By Payer/Employer Companies In May https://medcitynews.com/2024/06/5-funding-announcements-made-by-payer-employer-companies-in-may/ https://medcitynews.com/2024/06/5-funding-announcements-made-by-payer-employer-companies-in-may/#respond Mon, 03 Jun 2024 21:22:22 +0000 https://medcitynews.com/?p=126917

Here is a list of some of the biggest funding rounds in the payer/employer space that were announced in May.

The post 5 Funding Announcements Made By Payer/Employer Companies In May appeared first on MedCity News.

]]>
https://medcitynews.com/2024/06/5-funding-announcements-made-by-payer-employer-companies-in-may/feed/ 0 126917
Boulder Care Secures $35M To Advance Virtual Addiction Care https://medcitynews.com/2024/05/virtual-addiction-funding/ https://medcitynews.com/2024/05/virtual-addiction-funding/#respond Mon, 27 May 2024 13:30:00 +0000 https://medcitynews.com/?p=126637

Boulder Care’s Series C funding round was led by Advance Venture Partners and included participation from Stripes, First Round Capital, Qiming Venture Partners and Laerdal Million Lives Fund. In total, Boulder Care has raised about $85 million.

The post Boulder Care Secures $35M To Advance Virtual Addiction Care appeared first on MedCity News.

]]>
https://medcitynews.com/2024/05/virtual-addiction-funding/feed/ 0 126637
Glen Tullman Has ‘No Interest’ In Selling Transcarent, But IPO Is a Possibility https://medcitynews.com/2024/05/glen-tullman-has-no-interest-in-selling-transcarent-but-ipo-is-a-possibility/ https://medcitynews.com/2024/05/glen-tullman-has-no-interest-in-selling-transcarent-but-ipo-is-a-possibility/#respond Wed, 08 May 2024 20:18:15 +0000 https://medcitynews.com/?p=126089

Transcarent recently announced that it raised $126 million in Series D funding led by General Catalyst and 7wireVentures. When asked what his exit strategy is, CEO Glen Tullman said he does not want to sell Transcarent, but sees an initial public offering as an option.

The post Glen Tullman Has ‘No Interest’ In Selling Transcarent, But IPO Is a Possibility appeared first on MedCity News.

]]>
https://medcitynews.com/2024/05/glen-tullman-has-no-interest-in-selling-transcarent-but-ipo-is-a-possibility/feed/ 0 126089
Grow Therapy Secures $88M To Expand Mental Health Services https://medcitynews.com/2024/04/grow-therapy-secures-88m-to-expand-mental-health-services/ https://medcitynews.com/2024/04/grow-therapy-secures-88m-to-expand-mental-health-services/#respond Thu, 11 Apr 2024 19:22:36 +0000 https://medcitynews.com/?p=124971

Grow Therapy’s $88 million Series C funding round was led by Sequoia Capital. The financing will help the company invest in its team, improve its product and expand its footprint.

The post Grow Therapy Secures $88M To Expand Mental Health Services appeared first on MedCity News.

]]>
https://medcitynews.com/2024/04/grow-therapy-secures-88m-to-expand-mental-health-services/feed/ 0 124971
4 Funding Announcements Made By Payer/Employer Health Tech Startups in March https://medcitynews.com/2024/03/funding-health-tech-payer-employer/ Sun, 31 Mar 2024 13:30:34 +0000 https://medcitynews.com/?p=669042

Here is a list of some of the biggest funding rounds in the payer/employer space that were announced this month.

The post 4 Funding Announcements Made By Payer/Employer Health Tech Startups in March appeared first on MedCity News.

]]>
87663
Knownwell Secures $20M for Weight-Inclusive Primary Care https://medcitynews.com/2023/12/obesity-primary-metabolic-care-funding-adolescents/ Thu, 21 Dec 2023 19:30:18 +0000 https://medcitynews.com/?p=659613

Knownwell’s $20 million Series A funding round was led by A16Z and included participation from Flare Capital Partners. The company also launched an adolescent metabolic health program.

The post Knownwell Secures $20M for Weight-Inclusive Primary Care appeared first on MedCity News.

]]>
10335
Pair Team Secures $9M To Improve Health Access for Medicaid Patients https://medcitynews.com/2023/10/medicaid-startup-funding-health-equity/ Wed, 25 Oct 2023 17:58:54 +0000 https://medcitynews.com/?p=653208

Pair Team’s $9 million Series A funding round was led by Next Ventures and included participation from PTX Capital, Create Health Ventures, OCA Ventures, CHCF Innovation Fund, Kapor Capital and other investors. In total, Pair Team has raised about $20 million.

The post Pair Team Secures $9M To Improve Health Access for Medicaid Patients appeared first on MedCity News.

]]>
44874
Obesity Care Startup Launches With $3M in Funding https://medcitynews.com/2023/10/obesity-startup-funding-launch/ Tue, 17 Oct 2023 23:29:24 +0000 https://medcitynews.com/?p=652194

Ilant Health launched out of stealth Tuesday. The company serves employers and payers and helps identify patients in need of obesity treatment and matches them to the care best for them.

The post Obesity Care Startup Launches With $3M in Funding appeared first on MedCity News.

]]>
44763
Midi Health Snags $25M Led by Google Ventures https://medcitynews.com/2023/09/menopause-perimenopause-funding-telemedicine-google/ Fri, 29 Sep 2023 18:25:01 +0000 https://medcitynews.com/?p=650256

Midi Health’s Series A funding round was led by Google Ventures. In total, Midi Health has raised $40 million, including from Felicis, Semper Virens, Icon, 25M and Operator Collective. The company offers virtual care for those going through perimenopause or menopause.

The post Midi Health Snags $25M Led by Google Ventures appeared first on MedCity News.

]]>
44535
Evvy Secures $14M for Vaginal Healthcare Platform https://medcitynews.com/2023/09/funding-vaginal-healthcare-microbiome-testing/ Wed, 27 Sep 2023 20:19:34 +0000 https://medcitynews.com/?p=650007

Evvy’s $14 million funding round was led by Left Lane Capital and included participation from General Catalyst, LabCorp Venture Fund, RH Capital, Ingeborg Investments, G9 Ventures, Virtue and Amboy Street Ventures. In total, Evvy has raised $19 million. 

The post Evvy Secures $14M for Vaginal Healthcare Platform appeared first on MedCity News.

]]>
44508
Digital Health Funding Steadied in Q1 After a Year of Decline https://medcitynews.com/2023/05/digital-health-funding-venture-capital/ Tue, 30 May 2023 20:15:07 +0000 https://medcitynews.com/?p=636337

Global funding for digital health companies finally stabilized in Q1 of this year. The sector raised $3.4 billion — this marks the first time the digital health world didn’t experience a quarter-over-quarter funding decline since Q4 of 2021. By holding steady, digital health startups defied the dwindling fundraising totals seen across the broader venture capital landscape, where funding dropped by 13% quarter-over-quarter.

The post Digital Health Funding Steadied in Q1 After a Year of Decline appeared first on MedCity News.

]]>
42633
MedArrive Rakes In $8M for Home Care Platform https://medcitynews.com/2023/04/medarrive-rakes-in-8m-for-home-care-platform/ Tue, 11 Apr 2023 22:34:36 +0000 https://medcitynews.com/?p=630819

MedArrive’s new $8 million funding was led by Cobalt Ventures, a subsidiary of Blue Cross and Blue Shield of Kansas City. With the funding, the company will grow its team, as well as improve on its product and technology, said Dan Trigub, CEO and co-founder of MedArrive.

The post MedArrive Rakes In $8M for Home Care Platform appeared first on MedCity News.

]]>
41847
Kindbody Secures $100M To Expand Fertility Services Into New Markets https://medcitynews.com/2023/03/kindbody-secures-100m-to-expand-fertility-services-into-new-markets/ Wed, 08 Mar 2023 22:26:24 +0000 https://medcitynews.com/?p=626796

Kindbody’s $100 million funding, announced last week, was led by Perceptive Advisors. It brings the company’s total equity and debt funding to more than $290 million and its valuation to $1.8 billion. It will use the money to add 10 new locations.

The post Kindbody Secures $100M To Expand Fertility Services Into New Markets appeared first on MedCity News.

]]>
41331
Tuned Secures $3.5M To Grow Hearing Care Platform for Employers https://medcitynews.com/2023/02/tuned-secures-3-5m-to-grow-hearing-care-platform-for-employers/ Mon, 13 Feb 2023 23:35:06 +0000 https://medcitynews.com/?p=624103

The funding round was led by Distributed Ventures and included participation from Idealab NY and Elements Health Ventures. Tuned plans to use the funding to contract with more employers and third party administrators, said Danny Aronson, co-founder and CEO of the startup.

The post Tuned Secures $3.5M To Grow Hearing Care Platform for Employers appeared first on MedCity News.

]]>
40977
NY Innovation Report Shows Funding Plummet for Women’s Health; Biotech Startups Gain Interest https://medcitynews.com/2023/02/ny-innovation-report-shows-funding-plummet-for-womens-health-biotech-startups-gain-interest/ Thu, 02 Feb 2023 21:55:33 +0000 https://medcitynews.com/?p=622762

New York healthcare startups received $3.9 billion of funding in 2022, compared to $9 billion in 2021, according to a new DHNY report. Biotech startups represented 22% of total funding in 2022, a stark difference from women’s health only representing 2%.

The post NY Innovation Report Shows Funding Plummet for Women’s Health; Biotech Startups Gain Interest appeared first on MedCity News.

]]>
40797
Digital Health Insurance Provider Angle Health Pulls in $58M https://medcitynews.com/2023/01/digital-health-insurance-provider-angle-health-pulls-in-58m/ Thu, 26 Jan 2023 20:15:05 +0000 https://medcitynews.com/?p=622033

The $58 million funding round was led by Portage and included participation from PruVen Capital, Wing Venture Capital and others. With the funding, Angle Health plans to expand into additional markets and grow its membership.

The post Digital Health Insurance Provider Angle Health Pulls in $58M appeared first on MedCity News.

]]>
40695
Former VA Secretary Teams up With Daughter to Launch Chronic Pain Care Startup https://medcitynews.com/2022/12/former-va-secretary-teams-up-with-daughter-to-launch-chronic-pain-care-startup/ Thu, 15 Dec 2022 21:21:08 +0000 https://medcitynews.com/?p=617503

Override provides chronic pain patients with a care team that includes a pain physician, a physical therapist, a psychologist and a coach. The company has received $3.5 million in seed funding and has acquired Take Courage Coaching.

The post Former VA Secretary Teams up With Daughter to Launch Chronic Pain Care Startup appeared first on MedCity News.

]]>
84913
Viome Life Sciences snags $67M to expand DTC pipeline of at-home tests and wellness products https://medcitynews.com/2022/10/viome-life-sciences-snags-67m-to-expand-dtc-pipeline-of-at-home-tests-and-wellness-products/ Tue, 18 Oct 2022 21:58:52 +0000 https://medcitynews.com/?p=609421

The funding was led by Bold Capital Group. Other investors of the company include Khosla Ventures, WestRiver Group and Glico. In total, Viome has raised more than $150 million.

The post Viome Life Sciences snags $67M to expand DTC pipeline of at-home tests and wellness products appeared first on MedCity News.

]]>
84563
Nimbus Therapeutics secures $125M in financing for clinical programs https://medcitynews.com/2022/09/nimbus-therapeutics-secures-125m-in-financing-for-clinical-programs/ Tue, 13 Sep 2022 21:55:58 +0000 https://medcitynews.com/?p=604135

This funding round was led by Bain Capital Life Sciences and SV Health Investors. They join existing investors, including Bill Gates and Access Biotechnology. The money will be used to support several clinical trials.

The post Nimbus Therapeutics secures $125M in financing for clinical programs appeared first on MedCity News.

]]>
84353
Flagship Pioneering’s Senda Bio secures $123M for new ‘programmable medicines’ https://medcitynews.com/2022/08/flagship-pioneerings-senda-bio-secures-123m-for-new-programmable-medicines/ Tue, 16 Aug 2022 23:20:43 +0000 https://medcitynews.com/?p=600184

Biotech startup Senda Biosciences is developing technology that yields a new type of medicine with two programming components: one directs the therapy to go to a particular destination in the body while the second tells the therapy what to do once it gets there. With the Series C financing, Senda aims to reach the clinic in 2024.

The post Flagship Pioneering’s Senda Bio secures $123M for new ‘programmable medicines’ appeared first on MedCity News.

]]>
84197
The time is right: Another shot to end cancer as we know it https://medcitynews.com/2022/05/the-time-is-right-another-shot-to-end-cancer-as-we-know-it/ Sun, 15 May 2022 16:00:36 +0000 https://medcitynews.com/?p=579954

Government-funded initiatives such as the Cancer Moonshot support not only the primary science that often serves as a foundation for medical advances, but also ensure that patients with rare cancers are not overlooked.

The post The time is right: Another shot to end cancer as we know it appeared first on MedCity News.

]]>
83469
CEO of cardiology startup declares that its tech could potentially cure heart failure https://medcitynews.com/2022/04/ceryx-medical-ceo-said-its-technology-could-potentially-cure-heart-failure-gets-funding-for-first-human-trials/ Fri, 29 Apr 2022 17:02:56 +0000 https://medcitynews.com/?p=585198

Ceryx’s device, Cysoni, is designed to pace the heart in rhythm with a person’s respiration, so that the heart rate and breathing are synced. This is typically the case for a healthy person, but for someone with heart failure, that link becomes severed, CEO Stuart Plant said.

The post CEO of cardiology startup declares that its tech could potentially cure heart failure appeared first on MedCity News.

]]>
83645
Startup Ansa Bio lands $68M to go long with enzymes approach to DNA synthesis https://medcitynews.com/2022/04/startup-ansa-bio-lands-68m-to-go-long-with-enzymes-approach-to-dna-synthesis/ Tue, 12 Apr 2022 00:32:13 +0000 https://medcitynews.com/?p=582108

The DNA currently used in genetic medicines research is synthesized by chemical methods. Ansa Biotechnologies employs faster and less expensive enzymes-based technology, and the startup has raised capital to scale up operations as it prepares to launch its service.

The post Startup Ansa Bio lands $68M to go long with enzymes approach to DNA synthesis appeared first on MedCity News.

]]>
83541
Princeton spinout ArrePath gets $20M to combine AI, imaging in antibiotics R&D https://medcitynews.com/2022/03/princeton-spinout-arrepath-gets-20m-to-combine-ai-imaging-in-antibiotics-rd/ Fri, 04 Mar 2022 21:42:08 +0000 https://medcitynews.com/?p=575121

Anti-infective drug discovery startup ArrePath has launched with $20 million in seed funding to advance the development of molecules that use a dual mechanism to kill bacteria. The Princeton University spinout says its approach could overcome the drug resistance bacteria are developing to currently available products.

The post Princeton spinout ArrePath gets $20M to combine AI, imaging in antibiotics R&D appeared first on MedCity News.

]]>
83335
New unicorn on the block: Somatus hauls in $325M+ to grow its value-based kidney care model https://medcitynews.com/2022/02/new-unicorn-on-the-block-somatus-hauls-in-325m-to-grow-its-value-based-kidney-care-model/ Wed, 23 Feb 2022 20:48:12 +0000 https://medcitynews.com/?p=573040

The funding round was led by Wellington Management. The company sees its approach as a break from the industry’s “disproportionate” focus on dialysis, which is used to treat people with kidney failure.

The post New unicorn on the block: Somatus hauls in $325M+ to grow its value-based kidney care model appeared first on MedCity News.

]]>
83281
HerMD raises $10M to expand women’s sexual health, menopause services https://medcitynews.com/2022/02/hermd-raises-10m-to-expand-womens-sexual-health-menopause-services/ Fri, 18 Feb 2022 18:17:38 +0000 https://medcitynews.com/?p=572233

The company currently operates two centers, one in Cincinnati and the other in Crescent Springs, Kentucky. The Series A funding round led by JAZZ Venture Partners will allow the company to open new locations as well as offering virtual care.

The post HerMD raises $10M to expand women’s sexual health, menopause services appeared first on MedCity News.

]]>
83255
Memora Health brings in $40M to grow its platform, expand partnerships https://medcitynews.com/2022/02/memora-health-brings-in-40m-to-grow-its-platform-expand-partnerships/ Tue, 15 Feb 2022 14:00:52 +0000 https://medcitynews.com/?p=571372

Transformation Capital led the funding round with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp. The new financing enables Memora to meet commercial demand , drive new partnerships and further improve the care delivery experience, said CEO Manav Sevak.

The post Memora Health brings in $40M to grow its platform, expand partnerships appeared first on MedCity News.

]]>
83233
Ada Health pulls in another $30M to expand in the U.S., internationally https://medcitynews.com/2022/02/ada-health-pulls-in-another-30m-to-expand-in-the-u-s-internationally/ Thu, 10 Feb 2022 18:52:54 +0000 https://medcitynews.com/?p=570728

Ada Health closed its Series B round after a $30 million extension round. International investors Farallon Capital, Red River West and Bertelsmann Investments provided the additional funds. This follows an initial Series B raise of $90 million last May, which was led by Bayer’s investment arm.

The post Ada Health pulls in another $30M to expand in the U.S., internationally appeared first on MedCity News.

]]>
83214