Financial

The New York City-based company makes a service for schools and parents who are able to access students' data on mobile devices and from the web.

The two-year-old company has developed a service for hospitals to help patients better understand their post-acute care options.

The company will use the capital to expand resources, increase the breadth of its network capabilities and implement the next phases of its go-to-market strategy.

The company is working with well known coaches and athletes to recruit users to the platform; it also provides a white-label service called Powered by Pear.

The company's existing investors include Bessemer Venture Partners, Emergence Capital, InterWest Partners, New Enterprise Associates and Qualcomm Ventures.

The company has recently launched its next-gen workforce well-being platform that enables enterprise clients to build habits that matter.

The Boston-based company offers two apps, Ovia Fertility and Ovia Pregnancy, which have been downloaded by more than 2 million people.

The device works with a companion app to track the amount of insulin injected and time of use; it also features a dose calculator and missed dose alarms.

Rosemark Capital led the round with participation from GE Ventures, and existing investors Venrock Associates, Aberdare Partners and Aeris Capital.

The company will use the proceeds to support future growth to include new offerings, and a planned market entry and expansion into the U.S.