In 2021, we saw a broad market acceptance of innovative care delivery approaches that brought healthcare into the home. This shift, largely driven by the ongoing COVID-19 pandemic, showed all of us as consumers how we could access care at home – in a manner similar to the way we work or shop at home.
The surge in telehealth use and the implementation of Hospital at Home programs proved successful...
As technology increases in the healthcare arena more and more venture firms are turning their attention to digital health.
Healthcare focused venture firm 7wireVentures has recently closed on a $100 million fund and formed a coalition with eight major healthcare organizations including several large health systems and insurers. The 7wire Connected Consumer Health Fund has invested in 12 digital...
Digital chronic disease management company Livongo has raised $105 million in new Series E funding, mostly from existing investors. The company also announced a partnership with nonprofit health insurance company Cambia Health Solutions. General Catalyst and Swedish investment company Kinnevik led the round, with additional participation from existing investors DFJ, Kleiner Perkins Caufield...
nOCD, a new app that helps users manage their obsessive compulsive disorder (OCD) just landed $1 million in seed funding from 7wire Ventures. The Chicago-based startup aims to help people living with OCD by providing cognitive behavioral therapy through the platform. The free app also connects people to support groups and others who also are living with OCD.
Users can access educational material...
Pediatric healthcare platform CareDox recently landed $16 million in Series B funding. The round was co-led by AI Life Sciences Investments LLC and 7wire Ventures with additional investments from Digitalis, Prolog Ventures, StartUp Health, and Wanxiang Healthcare Investments.
“CareDox’s mission is to enable the right care at the right time, for every child, and it is a pretty ambitious mission...
San Francisco-based ConsejoSano, which makes a health services navigation platform for Spanish speakers in America, has raised $4.9 million in Series A funding in a round led by 7wire Ventures. Tufts Health Ventures, TOTAL Impact Capital, Wanxiang Healthcare Investments, Acumen, Oxeon Partners and Impact Engine also contributed, bringing the company’s total funding to date at $7.2 million.
The...
Chicago-based Zest Health, which has developed an app that helps people view and understand their health benefits, raised $6 million from 7wire Ventures, Lightbank, Zaffre Investments, Martin Ventures, Dallas Venture Partners, and LSAN/Azimuth Ventures.
Payors or self-funded employers can offer this tool to their members and employees via Zest Health's iOS and Android apps. App users are able to...
Vancouver-based Ayogo has raised $2.5 million from Merck Global Health Innovation Fund (GHI), Excel Venture Management, and 7Wire Ventures for it's patient engagement offering, an app called Empower.
The app, designed for providers and pharma companies, helps patients with chronic conditions stick to their care plans. Patients can use the app to set their own goals, track their health and...
Medication adherence app company MediSafe raised $6 million in a round led by Pitango Venture Capital with participation from 7wire Ventures as well as existing investors lool Ventures, TriVentures, and Eyal Gura.
This brings the company's total funding to at least $7 million to date. The company also received $2.36 million in prize money from Seven Ventures (7VPD) last month.
The funding will be...
There’s no question that funding for digital health companies is high -- a recent report from Accenture predicted funding for digital health startups will reach $6.5 billion by the end of 2017, up from $3.5 billion in 2014. But that doesn’t mean it’s smooth sailing for digital health investors or the companies seeking funding. At a Tuesday session at Health 2.0 in Santa Clara, California, a panel...