Aaron Patzer, the Mint.com founder who sold his company to Intuit for $170 million, is venturing into the healthcare space with Vital, a new company that launched out of stealth today with $5.2 million in funding and four hospital clients set to be announced in the coming weeks.
This is actually Patzer’s second healthcare company, in a way — he sold Fountain, a company focused on delivering...
San Francisco-based Ooda Health, a new startup focused on decreasing waste and inefficiency in the area of healthcare administration, has raised $40.5 million in a Series A round that’s notable in a couple of ways: for one, the company’s veteran founders, including Castlight Health founder Dr. Giovanni Colella, chose to work exclusively with VCs with at least one woman partner. For another, the...
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...
Lumity, a San Mateo-based employee benefits software company, has raised $19 million in a new round led by DFJ. Social+Capital Partnership and True Ventures, both previous investors, also contributed to the round, which brings Lumity’s total funding to $33 million. (The company raised $14 million in 2015).
“Set against the backdrop of rising healthcare costs, an opaque healthcare system,...
Boston-based Wellframe, makers of mobile patient engagement and care management software, has raised $15 million in Series B funding led by F-Prime Capital. Existing investors DFJ also contributed, and the new capital brings the company’s total funding to date to $25 million.
Wellframe teams up with health plans and providers to offer a suite of customizable care plans that are designed to keep...
Some of the biggest challenges for digital health companies today are engagement, navigating the many stakeholders in healthcare, and the approaching but gradual advent of AI and automation, according to a panel of investors who spoke last week at Partners Connected Health Symposium in Boston, Massachusetts. The panel was moderated by Lee Shapiro, a managing partner at 7wire Ventures.
Emily...
Boston-based patient engagement and care management company Wellframe raised $8.5 million in a funding round led by Draper Fisher Jurvetson (DFJ), with additional investment from Formation 8, Waterline Ventures and Queensbridge Venture Partners. This brings the company's total funding to date to $10 million.
Existing investors include athenahealth CEO Jonathan Bush; Tim Draper, founder and...
San Mateo-based medical communications platform and physician referral engine Doximity raised $54 million in a round co-led by DFJ and T. Rowe Price Associates. Morgan Stanley Investment Management as well as returning investors Emergence Capital Partners, Morgenthaler Ventures, and InterWest Partners also participated in the round. This brings the company's total funding to $81 million.
CEO Jeff...
