Carefeed, a provider of cloud-based and HIPAA-compliant digital communication solutions, closed a $3 million financing round led by Reformation Partners with participation from existing investors Allos Ventures and M25.
The investment accelerates Carefeed’s expansion of its SaaS platform to skilled nursing and senior living communities, as well as other patient care settings across the United...
Health technology investment is a standout in fundraising so far this year, raking in $23.8 billion across 556 completed deals through the third quarter, according to Deloitte’s Road to Next report.
“Accelerated by the COVID-19 pandemic, dealmaking at the expansion stage rose to new heights in 2020 and 2021 to date,” wrote report authors Heather Gates and Peter Micca.
“Building off key technical...
Pakistani online pharmacy Dawaai has announced that it raised $8.5 million in a recent investing round led by US-based 500 Startups and participated by local venture capital firm Sarmayacar. Kingsway Capital, Crimson Seed Capital and Mentors Fund also took part in the round.
WHY IT MATTERS
Launched in 2014, Dawaai is touted to be Pakistan's largest pharmaceutical marketplace that offers authentic...
Waterdrop, a Chinese insurance technology firm, started trading at the New York Stock Exchange last week under the ticker WDH. In its initial public offering, the Tencent-backed firm raised $360 million, pricing shares at $12 apiece.
WHY IT MATTERS
Waterdrop was launched in 2016 through software developer Zongqing Xiangqian. It currently runs an insurance marketplace and a medical crowdfunding...
South Korean medical AI company made its debut on KOSDAQ, a trading board of Korea Exchange, for an IPO of 37.8 billion won ($33.6 million) by issuing 1.8 million shares.
WHY IT MATTERS
The company had accumulated an operating deficit of 7 billion won ($6.2 million) by the third quarter of 2020, and the funds will be a much needed injection of cash. Vuno plans to invest in research and...
In today's episode of HIMSSCast, guest host Laura Lovett, managing editor of MobiHealthNews, checks in with Maria Velissaris, founding partner at Steel Sky Ventures and Colette Courtion, founder and CEO of Joylux about some of the challenges facing the burgeoning women's health and reproductive health, or femtech, industry. In particular, they chat about advertising double standards, funding...
San Francisco-based accelerator Launchpad Digital Health has added six new companies to its 12-month program.
Companies accepted into the accelerator program receive three things: up to $500,000 in capital; a full, one year-long program co-located with the Launchpad Digital Health founders and other startups in the space; and weekly ongoing engagement with the accelerator’s network of founders,...
The first presentation at MobiHealthNews Presents: Everywhere Healthcare event last week was a spirited talk given by Mohr Davidow Venture General Partner Michael Goldberg. Goldberg led MDV's investment in wireless health company Corventis and is actively seeking out other wireless health startups with a clinical focus. (Re-read our interview with Goldberg from last year for more on his team's...
