Finance

People standing in a room looking at a wall of post-its
By  Jessica Hagen 02:17 pm March 10, 2025
Digital chronic condition management company DarioHealth reported full-year 2024 revenue of $27 million, a 32.9% increase from $20.4 million in 2023, attributed to a consolidation of Twill's revenue and increased revenue from its commercial channels. The New York-based company acquired Twill in early 2024.  The company's full-year B2B2C, employers and health plans recurring revenues increased 300...
Healthcare provider on a computer talking to someone
By  Jessica Hagen 12:44 pm February 28, 2025
New York-based virtual care company Teladoc Health reported its 2024 full-year revenue and Q4 2024 financial results, noting a 1% decrease year-over-year in 2024 revenue at $2.569 billion, compared to $2.6 billion in 2023.  The company reported a 3% decrease in Q4 2024 revenue at $640 million from Q4 2023 revenue of $660.5 million.  Teladoc's net loss was $1 billion in 2024, compared to $220...
Healthcare professionals reviewing data on a computer
By  Anthony Vecchione 10:34 am February 25, 2025
PAVmed, a medical technology company focused on devices, diagnostics and digital health, and its subsidiary, cancer care platform Veris Health, completed a $2.37 million private placement financing. Accredited investors acquired PAVmed securities priced at-the-market and shares of Veris common stock indicating a pre-money Veris valuation of almost $35 million.  The financing augments a recently...
A doctor reviewing a patient's file on a digital tablet
By  Adam Ang 06:05 am February 24, 2025
Auckland-based health IT company Medtech Global has been acquired by software acquirer Banyan Software from the United States. Founded in 1989, Medtech claims to develop the first practice management system in New Zealand. It also offers a payment solution and a digital health application integration platform.  WHY IT MATTERS Medtech was first sold during the thick of the pandemic in 2020 to...
Person wearing a virtual reality headset
By  Jessica Hagen 11:56 am February 18, 2025
Boston-based therapeutic extended reality platform XRHealth has acquired virtual reality digital therapeutics company RealizedCare, which combines digital therapeutics with wraparound virtual services to supply value-based chronic care management.  XRHealth offers medical extended reality (XR) experiences focused on the physical and cognitive space, including immersive environments designed to...
Executives consulting
By  Anthony Vecchione 09:49 am February 18, 2025
AI-enabled risk adjustment platform Keebler Health has raised $6 million in seed funding. Freestyle Capital, MBX Capital, New Stack Ventures, Underdog Labs, Everywhere VC, Ludlow Ventures, Primordial, the Tweener Fund, the Hustle Fund, Deb Liu and Bong Koh participated in the round.  The latest funding brings Keebler Health’s total raise to $7.8 million. WHAT IT DOES  Keebler Health's platform...
Physician using a tablet
By  Anthony Vecchione 01:25 pm February 17, 2025
Abridge, a generative AI platform for clinical conversations, announced it raised a $250 million Series D investment. The round was co-led by Elad Gil and IVP, with participation from Bessemer Venture Partners, California Health Care Foundation, CapitalG, CVS Health Ventures, K. Ventures, Lightspeed Venture Partners, NVentures (NVIDIA’s venture capital arm), Redpoint Ventures, Spark Capital and...
Person addressing business meeting
By  Anthony Vecchione 03:43 pm February 14, 2025
Exero Medical, a company focused on early detection of post-operative complications using tissue healing data, has secured up to $12.7 million in funding to complete its FDA trial and launch its breakthrough-designated xBar system in the United States.  The round includes $10 million in upfront funding and additional milestone-based warrants, as well as $2.7 million in non-dilutive grants. The...
Person interacting with a healthcare professional via a telehealth visit
By  Anthony Vecchione 02:26 pm February 14, 2025
Kyruus Health, a care access platform, is partnering with Abundant Health Acquisition (aha!), a health experience company, to integrate Kyruus Health's care access platform with aha"s "low-code/no-code" platform directly within a health system's digital experience platform.  The two companies aim to deliver data-driven patient access that includes a data foundation for seamless patient access. ...
Two executives conferring
By  Anthony Vecchione 02:23 pm February 13, 2025
Candid Health, a revenue cycle management platform for healthcare providers, announced it raised $52.5 million in Series C funding. The round was led by Oak HC/FT with participation from existing investors. The latest funding round brings the company's total amount raised to $99.5 million. WHAT IT DOES  Candid Health aims to simplify medical billing by giving providers the ability to focus on...