Cambia Health Solutions and Mosaic Health Solutions have combined their respective investment groups into one new investor called Echo Health Ventures. Under the leadership of CEO Rob Coppedge, who has led Cambia’s investment division for the past six years, the new company will manage both companies’ existing portfolios as well as pursue new stage-agnostic investments in healthcare innovation.
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Durham, North Carolina-based TouchCare raised $4 million in a round led by strategic investor Mosaic Health Solutions, a subsidiary of Blue Cross and Blue Shield of North Carolina, for its video visits app. Mosaic has previously invested in cellular-enabled glucose meter and diabetes management company Telcare and next-gen PHR company LifeNexus.
“We believe the personal connection between...
LifeNexus, a San Francisco-based startup looking to replace the traditional insurance card with either a smartcard or a mobile app, raised an additional $12.6 million in July, the company told MobiHealthNews. An SEC filing also appeared this week for an additional $1.5 million, which the filing indicates was part of a round begun in July.
UPDATE: According to LifeNexus, "the 1.5M SEC filing...
Bethesda, Maryland-based cellular-enabled blood glucose meter company Telcare has raised $32.5 million led by Norwest Venture Partners with participation from Mosaic Health Solutions and existing backers The Qualcomm Life Fund and Sequoia Capital. The latest round of funding takes Telcare's total disclosed funding to north of $60 million.
Telcare offers a diabetes management package that includes...
