AI, Accessibility, and At-Home Care Drive Investment | StartUp Health Insights: Week of Jul 23, 2024
This week's health innovation funding highlights advancements in AI-powered solutions, improving patient access to care, expanding at-home healthcare options, enhancing patient engagement and privacy, and more.
This week’s reported health innovation funding included:
CytoReason, a Tel Aviv, Israel-based developer of computational disease models for predictive insights, raised $80M from OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific. <source>
Truvian Health, a San Diego, CA-based provider of a blood testing platform, raised $74M led by Wittington Ventures and Great Point Ventures, with participation from DNS Capital, Medical Excellence Capital, Tao Capital, TYH Capital, and 7wireVentures. <source>
Brenig Therapeutics, a Dover, DE-based neurology-focused drug development company utilizing an AI/ML-based discovery platform, raised $65M led by NEA, with participation from OrbiMed, Torrey Pines Investments. and BioGeneration Ventures. <source>
Loyal, an Atlanta, GA-based healthcare technology company focused on digital patient engagement, raised $33.5M from Concord Health Partners and multiple strategic investors. <source>
Freshpaint, a San Francisco, CA-based provider of a healthcare privacy platform, raised $30M led by Threshold, with participation from SignalFire, Intel Capital, Y Combinator, and Zero Prime. <source>
Q Bio, a San Carlos, CA-based startup developing their own full-body scanner, raised $27M from Khosla Ventures, Andreessen Horowitz, Founders Fund, and TELUS. <source>
Thoughtful AI, an Austin, TX-based developer of AI-powered revenue cycle automation, raised $20M led by Drive Capital, with participation from TriplePoint Capital. <source>
Vitable Health, a Philadelphia, PA-based startup that aims to make healthcare more affordable for hourly employees at small businesses, raised a $16M led by Cherryrock Capital, with participation from Newark Venture Partners, Citi Impact Fund, First Round Capital, Commerce Ventures, and Y Combinator. <source>
After.com, a Provo, UT-based online platform that helps families navigate end-of-life services, raised $10M led by HIPstr. <source>
Eden, a Mexico City, Mexico-based startup that uses LLMs to help radiologists process vast amounts of medical data, raised $10M led by Sierra Ventures, with participation from Kaszek, Alt Capital, Y Combinator, and Khosla Ventures. <source>
Juno, a San Diego, CA-based company that provides child disability insurance, raised $8.5M led by Spero Ventures, with participation from Floating Point, Newark Ventures, and WVV Capital. <source>
Kins, a Boston, MA-based digital-first hybrid care physical therapy practice, raised $7M from Healthworx, Redesign Health, W Health Ventures, and Asahi Kasei Ventures. <source>
Endless Health, an Austin, TX-based end-to-end at-home testing and preventive medicine company, raised $4.5M led by Next Coast Ventures and Asset Management Ventures, with participation from Antler Elevate. <source>
Briefly Bio, a London, UK-based biotech startup that has developed AI software that makes lab work more reproducible, raised $1.2M led by Compound VC, with participation from NP Hard, Tiny VC, and angel investors. <source>
Trait, a Berlin, Germany-based provider of a fitness training app, raised €1M ($1.1M) from HTGF, better ventures, and others. <source>
REMSpace, a San Francisco, CA-based neurotechnology company specializing in lucid dreaming studies, raised $1M from undisclosed 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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