California-based Carrum Health, a digital marketplace allowing employers to purchase bundled healthcare services, has received $45 million in Series B funding led by OMERS Growth Equity.
Revelation Partners participated in the round, alongside existing investors Tiger Global, Wildcat Venture Partners, SpringRock Ventures and Cross Creek.
Teresa Lee, OMERS Growth Equity's managing director, will...
There is a diverse group of founders throughout the digital health sector. Yet, unequal access to investment exists within these groups, and many entrepreneurs may need help navigating hurdles in the healthcare and venture landscape.
Julien Pham, founder and managing partner at Third Culture Capital, sat down with MobiHealthNews to discuss why his firm prioritizes early-stage investments in...
Lifeforce, a personalized healthcare platform based on a telehealth model, completed a $12 million Series A funding round co-led by M13 and Peterson Ventures.
Ridgeline Ventures, Rosecliff Ventures and Seaside Ventures also participated in the round.
WHAT IT DOES
The company, cofounded by motivational speaker Tony Robbins and backed by professional tennis player Serena Williams, offers its...
Singapore-headquartered telehealth company ORA has raised $10 million in a Series A funding round – touted to be the largest telehealth funding in Southeast Asia to date – led by TNB Aura and Antler. The round was also participated by Gobi Partners, Kairous Capital, and GMA Ventures.
WHAT IT DOES
ORA runs a vertically-integrated telehealth platform that delivers over 250,000 consultations since...
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, launched with $50 million in seed funding.
The funding round was co-led by General Catalyst and Andreessen Horowitz.
WHAT THEY DO
Hippocratic AI is building a large language model for healthcare, initially concentrating on non-diagnostic, patient-facing applications. The company is focusing on...
Amino Health, a healthcare navigation platform, announced it received $80 million in equity and debt financing led by Transformation Capital, alongside Oxford Finance.
Transformation Capital joins existing investors WTI, Red Swan Ventures, North Woodmere Capital and Commerce Ventures.
Mike Dixon, managing partner at Transformation Capital, will join Amino's board of directors.
WHAT IT DOES...
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, saw its stock price drop after reporting first-quarter revenue of $15.5 million, flat from its total revenue of $15.6 million in Q1 2022, alongside a net loss of $33.5 million.
Still, this year, the Mass.-based company's first quarter net loss was less than its reported $44.5 million loss in the first quarter of...
Ubie ties up with Google's Health Connect (Beta)
Japanese health tech startup Ubie is one of the six launch partners of Google for Health Connect (Beta) in Japan.
Health Connect (Beta) is an Android platform that allows the easy sharing of data between health and fitness apps. It also enables easy management of health data.
This latest partnership connects Ubie AI Symptom Checker, which allows...
Babylon's stock price fell sharply after it announced plans to take the multinational digital health firm private, less than two years after the company debuted on the New York Stock Exchange.
Babylon also entered into an agreement with AlbaCore Capital LLP for a secured term loan facility for up to $34.5 million to support the company's plans to delist.
In the first quarter, Babylon reported...
Aegis Ventures and Northwell Holdings, the investment arm of the New York-based health system, on Tuesday launched Optain, a company that aims to use AI-backed retinal imaging to catch early signs of disease. The partners also provided an initial seed investment of $12 million.
Though the startup is new to the U.S. market, Aegis and Northwell said the tech can be traced back to Australian...
![[Left-Right] Logos of Ubie and Google's Health Connect (Beta)](https://www.mobihealthnews.com/sites/default/files/styles/230x130/public/image_5027668_30153812.jpeg?itok=RNTmXAGt)
_43.jpg?itok=dizYnOMK "Businesspeople shaking hands.")
