Redesign Health, a company that builds, launches and finds funding for other healthcare startups, has closed a $175 million investment for a new fund focused on igniting the creation of healthcare companies.
Declaration Partners, Euclidean Capital and True North Advisors participated in the round.
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Redesign has launched more than 60 health tech companies since its founding in 2018,...
TailorMed, a platform that allows healthcare providers to manage their finances, check health plans and estimate out-of-pocket costs for uninsured patients, announced a $40 million financing round, combining equity and debt, led by Windham Capital Partners.
Samsung Next, BrightEdge, Citi Impact Fund and the investment arms of OSF Healthcare, Ballad Ventures, Inception Health, UnityPoint Health...
Venture capital firm General Catalyst announced it closed $8 billion in new capital, including $6 billion for its latest fund, Fund XII, and $2 billion in separately managed accounts.
The $8 billion will be used to boost the firm's investments across various sectors, including defense and intelligence, climate and energy, AI, industrials, and healthcare and fintech.
The company will distribute...
Viome Life Sciences announced a $25 million internal Series D and the appointment of its new chief operating officer, Kal Raman.
Khosla Ventures, Marc Benioff, Bold Capital WRG Ventures and others participated in the round.
Raman joins Viome as COO after previously holding the position of senior vice president of non-media business, marketing and retail technology at Amazon and chief digital...
Ben Robbins, general partner at GV (Google Ventures), sat down with MobiHealthNews to discuss how the multibillion-dollar venture firm invests in digital health companies, AI's place in healthcare and how government fits into the sector.
MobiHealthNews: How do you decide which companies to invest in? You have a background in psychiatry. Does that influence what captures your attention in a...
The perspective on seeking investment varies company by company. Still, a common theme exists that it is necessary to ensure knowledge of the market and the actual value of one's technology and that the company's cash runway does not disappear before more funding is secured.
Brigham Hyde, CEO of Atropos Health, discussed with MobiHealthNews the crucial internal and external factors companies must...
Pharma companies are seeing the value of digital health, and are creating departments focused on developing, scaling and investing in platforms that use technology to enhance life sciences R&D, better assist providers and engage with patients.
Sonny Shergill, vice president of commercial digital health at AstraZeneca, sat down with MobiHealthNews to discuss the evolution of its strategy...
Matt Cybulsky, practice leader for healthcare AI, value-based care and product innovation at LBMC, has studied and analyzed the digital health market for years and advised companies on scaling and profitability as funding landscapes have shifted.
Cybulsky sat down with MobiHealthNews to discuss strategies for digital health investment and AI's role in improving both business profitability and...
If the momentum of investment continues, this year could surpass year-end totals seen in 2019 and 2023 ($8.2B and $10.7B, respectively), two years that can serve as comparable periods outside the pandemic, according to Rock Health's H1 2024 digital health funding report released this week.
Digital health startups in the U.S. raised $5.7 billion across 266 deals in the first half of 2024.
Seed,...
Healthcare data and analytics and tech-enabled services will be the sectors most impacted by generative AI, according to a survey by investment firm GSR Ventures.
The survey, which included responses from more than 40 healthcare technology venture capitalists, found that over 71% believe ChatGAPT/GenAI changes their investment strategy "somewhat" or "a little." In contrast, 12% say it affects...
