Home 10 of the latest digital health funding deals

10 of the latest digital health funding deals

Date Company Amount Round Category
Mar 21, 2020 Sight Sciences $30M Series E Ophthalmology
Lead investor(s): D1 Capital Partners
Sight Sciences — a growth-stage medical device company transforming the two fastest growing segments in ophthalmology and optometry, glaucoma and dry eye disease — will use the funds for continued clinical and operational development and to support commercial expansion for Sight Sciences' OMNI and TearCare products. read more
Date Company Amount Round Category
Mar 21, 2020 Diligent Robotics $10M Series A Robotics
Lead investor(s): DNX Ventures
Also participating: True Ventures, Ubiquity Ventures, Next Coast Ventures, Grit Ventures, E14 Fund, Promus Ventures
The company has developed a robot, called Moxi, which comes equipped with a flexible arm, gripper hand and full mobility so it can hunt down lightweight medical resources, navigate a clinic's hallways and drop them off for the nurse... With the world facing a critical shortage of medical care professionals, Moxi could help healthcare centers use their staffs as efficiently as possible. And because robots can't be infected by COVID-19, they're one less potential carrier interacting with vulnerable populations. read more
Date Company Amount Round Category
Mar 19, 2020 Yizhun Intelligent $14M Series B Imaging
Lead investor(s): Wondfo Bio-industry Fund
Established at the end of 2017, Yizhun Intelligent is a company focusing on artificial intelligence to assist medical imaging diagnosis. The team has been studying the application of machine learning in the medical imaging direction since 2014. Currently, it has launched the intelligent detection system for lung nodules, mammography targets and multiple diseases of the lungs. It also partnered with IBM Watson to create an AI medical imaging research platform "Darwin Intelligent Scientific Research Platform", and its products have been applied in more than 400 hospitals nationwide. This round of funding will be used for product development, to expand Yizhun's existing AI product line, and realize the coverage of AI detection systems from single organs to single-site diseases. read more
Date Company Amount Round Category
Mar 19, 2020 Field Intelligence $3.6M Series A Supply chain finance platform
Lead investor(s): Blue Haven Initiative
Also participating: Imperial Venture Fund, Accion Venture Lab, others
Field Intelligence has been a pioneer in pharmaceutical supply chain solutions in Africa. Its Shelf Life "Pay-As-You-Sell" subscription service for pharmaceutical products has grown rapidly since first debuting in Nigeria in mid 2017. The new investment will fund Shelf Life's expansion throughout Nigeria and Kenya, as well as the development of additional services for Shelf Life clients and their patients. read more
Date Company Amount Round Category
Mar 19, 2020 Quit Genius $11M Series A Addiction recovery
Lead investor(s): Octopus Ventures
Also participating: Y Combinator, Startup Health, Triple Point Ventures
Cognitive behavioral therapy is seen as one of the more effective treatments for breaking addiction, helping patients focus on their thoughts, feelings and behaviors and understanding how one affects the others. The Quit Genius app helps users recognize when a negative thought or feeling pops up, and replace those triggering thoughts and emotions with more positive, healthier thoughts. This is done through various types of content, such as audio sessions, animated videos and interactive exercises. read more
Date Company Amount Round Category
Mar 17, 2020 Tempus $100M Series G Cancer care
Investors: Baillie Gifford, Franklin Templeton, New Enterprise Associates, Novo Holding, T. Rowe Price
Tempus says it has built an operating system to deliver personalized cancer care. It's built out an interactive analytical and machine-learning platform so patients can benefit "from the treatment of others who came before." The company will use the new capital to expand into other disease areas, including diabetes, depression and cardiology. read more
Date Company Amount Round Category
Mar 17, 2020 Vida Diagnostics $11M Series C Imaging
Lead investor(s): Analysis Corporation
Also participating: Blue Heron Capital, UnityPoint Health Ventures, Next Level Ventures, Chartline Capital Partners, Rural Vitality Fund, Rittenhouse Ventures, Iowa First Capital Fund, the Angels' Forum
The funds will be used to accelerate the commercialization and expansion of the company's product portfolio, which she says could address market deficits in the early assessment, monitoring, and treatment of lung disease. read more
Date Company Amount Round Category
Mar 17, 2020 Bloomer Tech $3M Seed Smart bra
Lead investor(s): Material Impact
Also participating: One Brave Idea, several angels, including co-founder of John Abele
Bloomer Tech is developing an electrocardiogram device that looks, and feels, like an everyday bra, though it also has fabric sensors and machine learning algorithms that provides heart health data to both users and doctors. The wearable collects data via sensors on things like heart rate, respiratory rate and heart rate variability. The data is transferred via Bluetooth to an app, which the company can then use to generate a report for the doctors so that they can better understand what's happening throughout the treatment process of a patient. read more
Date Company Amount Round Category
Mar 17, 2020 ?URA $28M Series B Wearables
Investors: Google's Gradient Ventures, Jack Dorsey's Square, Forerunner Ventures
Founded out of Oulu, Finland in 2013, the Oura ring monitors the user's pulse, movement, and temperature to deliver a "holistic picture" of their health. And unlike many other health trackers on the market, the device is not worn on a person's wrist — instead sliding firmly onto their finger. The company has sold 150,000 rings to date and now claims 100 employees globally. read more
Date Company Amount Round Category
Mar 13, 2020 Heartbeat Health $8.2M Series A Cardiovascular care
Lead investor(s): .406 Ventures, Optum Ventures
Also participating: Kindred Ventures, Lerer Hippeau, Designer Fund, Max Ventures
Heartbeat Health delivers a virtual cardiovascular care management solution supported by a network of leading providers. By combining health risk assessment data with a cardiology-focused telehealth platform, Heartbeat Health connects patients to appropriate diagnostics and clinicians, and tracks ongoing care. This results in a tailored treatment and care plan for patients across various stages of cardiovascular disease. The company serves primary care providers, long-term care facilities and employers across the United States and currently manages the care experience for over 10,000 patients. The Series A funding will be used to support product research and development and national expansion of Heartbeat Health's digital heart health platform. read more

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