Investor

Person looking at images projected onto a wall with a city in the background
By  Jessica Hagen 05:08 pm July 25, 2023
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May. The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
Healthcare provider in scrubs standing in front of an imaging screen
By  Jessica Hagen 12:15 pm July 25, 2023
GE HealthCare, which officially spun off early this year, announced it is raising its full-year guidance range amid increased demand and ease of supply chain woes.  The company reported $418 million in net income in the second quarter compared with $485 million in the prior-year period and revenue of $4.8 billion, a growth of 7% year-over-year and a 9% organic revenue growth.   The health tech...
Person in a red shirt sitting next to someone in a hospital gown lying in a bed
By  Jessica Hagen 05:22 pm July 20, 2023
Family First, which provides employers and health plans with a technology platform to support caregivers' mental health and wellbeing, secured $11 million in Series A funding. RPM Ventures and Eos Venture Partners led the round, with participation from Stephen Fromm and Wormhole Capital.   "Family First has a holistic, expert approach to solving caregiving problems," Jonathan Kalman, founding...
Healthcare provider looking at a tablet while sitting next to a window
By  Jessica Hagen 01:22 pm July 20, 2023
Maternity-care management platform Dorsata filed a lawsuit in Suffolk County, Massachusetts, Civil Court yesterday against healthcare technology company athenahealth and nationwide women's health company Unified Women's Healthcare, alleging 11 counts against the providers, including theft of trade secrets, unjust enrichment, breach of contract and tortious interference with current customers. ...
Healthcare stakeholder sitting at a desk looking at a computer with a headset on
By  Jessica Hagen 12:14 pm July 19, 2023
Healthcare-navigation platform Amino Health has received $42 million in credit financing from Oxford Finance as part of its $80 million raise in May.  WHAT IT DOES The California-based company connects its members with physical and mental healthcare providers and benefits programs, and allows its members to book appointments and keep track of their favorite providers. It also distributes cost and...
Two people in a laboratory looking at a tablet with beakers behind them
By  Jessica Hagen 12:30 pm July 13, 2023
Causaly, a tech company using AI to interpret large datasets and literature, announced it closed a $60 million Series B round led by ICONIQ Growth. Marathon Venture Capital, Index Ventures, Pentech Ventures, EBRD and Visionaries Club also participated in the round, as did former chairman and CEO of Johnson & Johnson Alex Gorsky and CEO and cofounder of Datadog Olivier Pomel.  WHAT IT DOES...
Person sitting in a chair looking out a window with a healthcare provider next to them with their hands on the person's shoulders
By  Jessica Hagen 04:54 pm July 12, 2023
AI-powered senior-focused digital health company CarePredict announced it scored $29 million in Series A-3 investment co-led by Aspire Healthtech Partners and SV Health Investors' Medtech Convergence Fund. Existing investors Las Olas Venture Capital and Secocha Ventures participated in the round, as did individual investors.   WHAT IT DOES CarePredict offers an AI-enabled platform for senior care...
Person inserting a contact lens into their eye
By  Jessica Hagen 11:34 am July 11, 2023
Ophthalmology technology company Smartlens announced it closed a $6.1 million Series A equity financing round led by Ambit Health Ventures.  Stanford University, Sophia Innovation Capital, Graphene Ventures, Plaisance Capital Management, Boutique Venture Partners, Wilson Sonsini Investments and 3E Bioventures also participated in the round. WHAT IT DOES Smartlens offers miLens, an electronics-...
Person looking at digital images on a wall
By  Jessica Hagen 04:01 pm July 10, 2023
U.K.-based immersive technology company FourPlus announced it garnered funding from the U,K.'s national innovation agency, dubbed Innovate UK, to create a mixed reality training platform for pharma companies and the healthcare sector.  FourPlus' immersive technology, including its virtual reality experiences, is used within the life sciences sector for workforce management, 3D asset visualization...
Healthcare provider looking at a tablet while sitting next to a window
By  Jessica Hagen 11:56 am July 10, 2023
A federal judge dismissed a securities class-action lawsuit filed against virtual care company Teladoc Health pertaining to its $18.5 billion merger with chronic care company Livongo.  The complaint, originally filed by shareholder Jeremy Schneider in 2022 on behalf of parties that purchased Teladoc shares between Feb. 2021 and July 2022, alleged the virtual care company's representatives misled...