Investor

Healthcare provider wearing a white shirt and looking at a tablet
By  Jessica Hagen 01:42 pm June 1, 2023
Transcarent, a digital platform focused on the self-insured employer market, and ViewFi, a tech-enabled virtual orthopedic and rehabilitation platform, are partnering to deliver virtual orthopedic and musculoskeletal care to patients through Transcarent's Consult Solution. ViewFi, cofounded by U.S. tennis champion Andy Roddick, offers virtual care, one-on-one exams and at-home appointments...
Doctor looking at a dialysis machine while in a care clinic or hospital
By  Jessica Hagen 10:41 am June 1, 2023
Kidney care company Strive Health scored a whopping $166 million in Series C funding led by NEA alongside strategic investor CVS Health Ventures.  Existing investors CapitalG (Alphabet), Town Hall Ventures, Redpoint, Echo Health Ventures and Ascension Ventures also participated in the round. WHAT IT DOES The Denver-based company offers a value-based care platform that integrates chronic kidney...
Two healthcare providers in scrubs standing side-by-side looking at a tablet
By  Jessica Hagen 11:49 am May 31, 2023
Hyro, maker of a GPT-enabled conversational AI provider for healthcare, announced it raised $20 million in Series B funding led by Macquarie Capital, bringing the company's total funding to $35 million.  Liberty Mutual Strategic Ventures and Black Opal Ventures, alongside existing and new investors, also participated in the round.  Dan Philips, executive director at Macquarie Capital, will join...
Person in a red shirt sitting at a desk in front of a computer with two people standing beside him looking at the computer
By  Jessica Hagen 02:07 pm May 30, 2023
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...
Julien Pham, founder and managing partner at Third Culture Capital
By  Jessica Hagen 11:22 am May 30, 2023
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...
Dr. Jay Bhatt, practicing geriatrician and managing director of the Center for Health Solutions and Health Equity Institute at Deloitte
By  Jessica Hagen 02:12 pm May 26, 2023
The COVID-19 pandemic highlighted disparities in healthcare throughout the U.S. over the past several years. Now, with the rise of AI, experts are warning developers to remain cautious while implementing models to ensure those inequities are not exacerbated.  Dr. Jay Bhatt, practicing geriatrician and managing director of the Center for Health Solutions and Health Equity Institute at Deloitte,...
Two people standing in front of a screen looking at a graph and one person sitting down looking at a tablet
By  Jessica Hagen 01:00 pm May 23, 2023
Bright Health has finalized a 1-to-80 reverse stock split to raise its share price above the threshold required to remain on the New York Stock Exchange.  The reverse split raised the company's share price to $13.57 at NYSE's opening on Monday, up from $0.21 at the close on Friday.  On the New York Stock Exchange, a company risks being delisted if its shares don't reach $1 and hold that value for...
Healthcare provider with a patient showing them a Lifeforce document
By  Jessica Hagen 11:18 am May 23, 2023
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...
Person on a tablet wearing a yellow scarf and white shirt
By  Jessica Hagen 08:09 pm May 19, 2023
Editor's note: This story has been updated with additional information on Pear's financial state. The assets of prescription digital therapeutics maker Pear Therapeutics have been broken up and sold at auction for $6.05 million after the company filed for bankruptcy in April. According to the court filing, Pear's assets were split between four bidders: Digital therapeutics company Click...
ORA's range of telehealth brands
By  Adam Ang 03:23 am May 19, 2023
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...