$200M+ Fuels Health Innovation from Accessible Dementia Care to AI-Powered Wound Care | StartUp Health Insights: Week of Jan 30, 2024
This week’s funding rounds went to diverse healthcare innovations tackling mental health, primary care, pharmacy benefits, clinical trials, women’s health, Medicare navigation, and more.
This week’s reported health innovation funding included:
SmithRx, a San Francisco, CA-based pharmacy benefits management company, raised $60M led by Venrock. <source>
Accompany Health, a Bethesda, MD-based primary, behavioral, and social care provider for low-income patients with complex needs, raised $56M from Venrock, ARCH Venture Partners, IVP, Granite Capital Management, and Evidenced. <source>
Amigo Tech, a Brazilian provider of healthcare clinic software, raised $30M led by Riverwood Capital. <source>
Spark Advisors, a New York, NY-based Medicare navigation startup, raised $25M led by Viewpoint, with participation from American Family Ventures and Primary Venture Partners. <source>
Ansel Health, a New York, NY-based insurance technology company providing a new type of supplemental health insurance plan, raised $20M led by Portage, with participation from Two Sigma Ventures, Brewer Lane Ventures, SixThirty Ventures, Plug and Play Ventures, Digitalis Ventures, Symphony AI, Operator Partners, Morgan Creek Capital Management, and others. <source>
Motif Neurotech, a Houston, TX-based developer of minimally-invasive neuromodulation therapeutics for mental health, raised $18.75M led by Arboretum Ventures, with participation from KdT Ventures, Satori Neuro, Dolby Family Ventures, re.Mind Capital, Divergent Capital, TMC Innovation, PsyMed Ventures, Empath Ventures, Capital Factory, and Max Hodak. <source>
AiCure, a New York, NY-based AI and advanced data analytics company focused on clinical trials, raised $16M — $12M in loan refinancing and an additional $4M+ from existing investors. <source>
Vital Interaction, an Austin, TX-based health tech startup that specializes in patient reactivation and retention, raised $15M led by Next Coast Ventures, with participation from Michael Dearing and Walter Kortschak. <source>
Swift Medical, a Toronto, ON, Canada-based digital health technology company that specializes in digital wound care via AI and technology, raised $8M led by BDC Capital’s Women in Technology Venture Fund and funds managed by Virgo Investment Group. <source>
Isaac Health, a New York, NY-based digital health company focused on brain health and dementia, raised $5.7M led by Meridian Street Capital and B Capital, with participation from Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels. <source>
Being Health, a New York, NY-based modern mental health practice, raised $5.4M from 18 Park and HDS Capital. <source>
HEAL Security, a Menlo Park, CA-based cognitive cybersecurity intelligence platform custom-designed for the healthcare sector, raised $4.6M led by Health2047. <source>
Mesh Bio, Singapore-based health tech startup building digital twin technologies across Hong Kong and Southeast Asia, raised $3.5M led by East Ventures, with participation from Elev8, Seed Capitals, and other existing shareholders. <source>
Aster, a San Francisco, CA-based startup that develops technology that enables women’s health providers to manage, grow, and scale their practices, raised $2.4M led by Cake Ventures and Cornerstone VC, with participation from Zeal Capital Partners, Octopus Ventures, Sterling Road, Blueprint, Everywhere Ventures, and individual investors. <source>
Coral Care, a digital health platform dedicated to enhancing access to pediatric developmental specialty care, raised $1.3M from Reach Capital, Greymatter Capital, Purpose Built Ventures, Hustle Fund, and angel investors. <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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