San Francisco-based Augmedix, which has developed a Google Glass clinical documentation offering for physicians raised $3.2 million last week in a round led by DCM and Emergence Capital Partners. Other investors included Great Oaks Venture Capital, Rock Health's LPs (Kleiner Perkins, Mohr Davidow Ventures, and Aberdare), and various angels. Emergence had previously invested in Doximity and...
Steven Krein, co-founder of StartUp Health
SecondMarket, a secondary market investment advisory company, is partnering with incubator StartUp Health this month to make small accredited investors more aware of the opportunities in the digital health space, and to give make a chance to fund some of StartUp's inductees.
StartUp Health co-founder Steven Krein described StartUp Health as "an...
Cambridge, Massachusetts-based EyeNetra, which is developing what it calls the most affordable mobile eye diagnostic tool ever developed, recently raised $1 million of a hoped for $1.2 million round of funding. The company's peripheral device and software enables anyone to take their own eye test, get a prescription for glasses, and connect to eye-care providers right from their mobile phone. The...
Khosla Ventures, the investment firm headed up by noted venture capitalist and Sun Microsystems co-founder Vinod Khosla, is increasingly making investments in mobile health startups. Khosla Ventures has made three investments in mobile health companies in as many months. In April we noted that Khosla had contributed to Misfit Wearables' $7.6 million second round of funding and just this morning...
Wearable body monitor company BodyMedia has raised another $9.3 million in its most recent round of funding, which we reported on in late March, to make for a $12 million funding round. Newcomer Comcast Ventures led the round, which also included previous investors Draper Fisher Jurvetson ePlanet, Draper Triangle Ventures, Ascension Health Ventures and InCube Ventures. The company plans to use...
Last week clinical communications services provider PerfectServe announce that it had raised $10.9 million in its third round of funding. PJC Capital, the PE arm of Piper Jaffray led the round, which also included participation from new investors National Healthcare Services and CHV Capital. Return backers River Cities Capital Funds, Village Ventures, and Spring Mill Venture Partners also...
Skip Fleshman, a Managing Partner at Asset Management Ventures, shared a few tips for those mobile health startups looking to become more that just "one-trick pony" developers of successful apps. In order to capitalize on their real potential and become a long-term, viable business, Fleshman has a few lessons learned to share based on his firm's investments in a number of health startups,...
Keas, the health gaming platform for corporate wellness programs co-founded by the original Google Health chief Adam Bosworth, has raised $6.5 million in its second round of funding. Atlas Ventures and Ignition Partners led the deal.
Keas describes its offering as a mix of a corporate wellness program, morale program, social network, addictive social game, and more. The company says it has...
Raising venture capital for a startup mHealth company is a difficult but not-impossible task, according to a panel of investors and industry watchers who discussed the subject at this week's mHealth Summit.
The "Raising Capital" panel focused on tips from investors intended for young companies that are seeking funding. The panel, which included Howard Burde (Howard Burde Health Law), Beth Cohen (...
"Most [acquisitions] in healthcare get done between $100 million and $200 million," Radius Ventures Partner Dan Lubin told attendees at the mHealth Summit during a panel session this past week. "Most deals are under $100 million -- that is the exit... I think we can build companies, make them really attractive, and sell them to strategics for $100 million. I think that's a four to [six year] time...
