This morning Papa, a startup connecting seniors to college and nursing students to stave off isolation, landed $10 million in Series A funding. The round was led by Canaan with participation from Pivotal Ventures, Initialized Capital, Y Combinator and Sound Ventures.
This comes a year after the company announced a $2.4 million seed funding round, which was led by Initialized Capital.
WHAT THEY...
A high amount of VC investing is often seen as an indicator of the health of the digital health space. But while investors agree there’s a lot of opportunity in the space, some investors think there may be a little too much money.
“There’s a lot more money,” Risa Stack, general manager for new business creation at GE Ventures, said in a panel discussion at Health 2.0's Fall Conference in Santa...
Truveris, a healthcare technology company focused cloud-based data analytics solutions for the $450 billion prescription benefits industry, today announced that the company has secured $25 million in a new round of funding to accelerate its growth strategies.
The Series D round was led by McKesson Ventures, and included Canaan Partners, New Leaf Venture Partners, Tribeca Venture Partners, and...
Diabetes data management company Glooko has raised $35 million in new funding. The company already had strategic investments from Samsung and Medtronic; in this new round the Mayo Clinic and insulin pump maker Insulet join those ranks. Toronto-based Georgian Partners led the round, with participation from existing investors Canaan Partners and Social Capital, in addition to the aforementioned...
Pharma-related digital health news picked up this week. Boehringer Ingelheim has teamed up with Sutter Health to research COPD interventions; BioDelivery Science created an app to help users deal with prediction opioid addictions; and Canaan Partners' Julie Papanek talked to the Wall Street Journal about pharma's emerging role in digital health.
Boehringer Ingelheim Pharmaceuticals, the...
Diabetes management platform Glooko has raised $16.5 million in a round led by Canaan Partners. The round also included a strategic investment from Medtronic as well as funding from additional investors The Social+Capital Partnership and Samsung.
Glooko began by making a cord that connected various glucometers to a user's smartphone. Over time, the company has moved from a connector chord to a...
Chrono Therapeutics, a Hayward, California-based company working on a new wearable for smoking cessation and drug delivery, has received an investment from seed fund Rock Health. According to MedCity News, Rock Health has contributed $100,000. This brings the company's total funding to about $32.1 million.
Chrono disclosed its most recent round in June 2014. It included contributions from Canaan...
Chrono Therapeutics, a Hayward, California-based company working on a new wearable for smoking cessation and drug delivery, has raised $32 million in its first round of funding. The round was led by Canaan Partners and 5 am Ventures. Additional contributors included Fountain Healthcare Partners, and two strategic investors: GE Ventures and the Mayo Clinic.
The company's flagship product SmartStop...
Raleigh, North Carolina-based Axial Exchange, a mobile app developer, raised just under $5 million from undisclosed investors, according to an SEC filing. Axial Exchange is backed by a syndicate of venture capital firms, led by Canaan Partners.
The company recently announced a series of enhancements to its mobile patient engagement app which include prioritizing elements related to day-to-day...
