StartUp Health Insights: PreventScripts Secures Seed Round | Week of Oct 31, 2023
PreventScripts closed a $1.5M funding round to arm physicians with new tools to combat the epidemic of metabolic disease in middle America.
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PreventScripts, a Paducah, KY-based StartUp Health company that is an innovator in preventive health digital tools for physicians and patients, raised $1.5M led by Keyhorse Capital and iSelect Fund, with significant participation from a select cohort of angel investors. <source>
Other health innovation funding reported this week included:
Abridge, a Pittsburgh, PA-based company that uses generative AI for clinical documentation, raised $30M led by Spark Capital, with participation from Bessemer Venture Partners, CVS Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, SCAN Group, UC Investments, and the American College of Cardiology. <source>
Neuros Medical, an Aliso Viejo, CA-based bioelectric technology company focused on alleviating chronic post-amputation pain and restoring quality of life, raised $25M led by Trinity Capital. <source>
Sage, a New York, NY-based elder care hardware and software provider, raised $15M led by Maveron, with participation from Goldcrest Capital, Animo Ventures, and Distributed Ventures. <source>
Rymedi, a Greenville, SC-based healthcare data exchange platform with advanced blockchain security, raised $9M co-led by RW3 Ventures and White Star Capital, with participation from Blockchange Ventures, Avalanche’s Blizzard Fund, and angel investors. <source>
Heidi Health, a Melbourne, Australia-based startup using AI to turn consultation transcripts into documentation, raised A$10M ($6.4M) led by Blackbird Ventures, with participation from Hostplus, Vesta, Wormhole Capital, Archangel Ventures, Possible Ventures, and Daniel Ventures. <source>
Neteera, a Jerusalem, Israel-based contactless patient monitoring startup, raised $6.7M led by Aescuvest, with participation from Foxconn Technology Co. <source>
RadiantGraph, a San Francisco, CA-based company that uses machine learning and AI to drive consumer engagement for health plans, raised $5M led by True Ventures, with participation from XYZ Ventures and Remus Capital. <source>
LighthouseAI, a Los Angeles, CA-based startup that specializes in compliance solutions for the pharmaceutical supply chain, raised $4.6M led by Healthy Ventures and BluePointe Ventures, with participation from Eileses Capital, Bertelsmann Next, The Legal Tech Fund, and angel investors. <source>
Raydiax, a Magdeburg, Germany based startup developing an image assistance system based on the principles of computed tomography for use in minimally invasive cancer treatments, raised €3.5M ($3.7M) led by HTGF and bmp Ventures, in addition to a grant from the German Federal Ministry for Economic Affairs and Climate Action (BMWK). <source>
Kento Health, a Montreal, QC-based cardiac rehabilitation and health technology company, raised $3M co-led by Boreal Ventures and N49P, with participation from Broom Ventures and Graphite Ventures. <source>
ImmunONE, a Hatfield, UK-based developer of a 3D human lung model to replace animal testing, raised £2M ($2.4M) led by MEIF Proof of Concept & Early Stage Fund and Pioneer Group. <source>
Midas Healthcare Solutions, a Cleveland, OH-based developer of technology-driven solutions to promote the safe use, storage, return, and disposal of controlled substances and other dangerous medications in hospitals and other healthcare institutions, raised $2M from MCPC Healthcare Investment. <source>
Likeminded, a Berlin, Germany-based provider of a B2B digital mental health solution, raised €1.5M ($1.6M) from IBB Ventures and N & V Capital. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.
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