Diagnostics and Home Health Lead This Week's Health Innovation Funding | StartUp Health Insights: Week of Sep 17, 2024
Investors are backing innovative solutions for molecular diagnostics, home-based care, AI-powered medical imaging, and revenue cycle automation. This week's health innovation funding also includes digital-first vision care, automated insurance verification, and clinical trial management.
This week’s reported health innovation funding included:
Inflammatix, a Sunnyvale, CA-based molecular diagnostics company, raised $57M led by Khosla Ventures and Think.Health, with participation from Northpond Ventures, D1 Capital Partners, Iberis Capital, Vesalius BioCapital, OSF Healthcare, RAW Ventures, and others. <source>
Habitat Health, a San Francisco, CA-based startup that provides care support to older adults at home, raised $50M from Town Hall Ventures, New Enterprise Associates, and Kaiser Permanente. <source>
SpectraWAVE, a Bedford, MA-based medical imaging company focused on improving the treatment and outcomes for patients with coronary artery disease (CAD), raised $50M led by Johnson & Johnson Innovation - JJDC, Inc., with participation from by S3 Ventures, Lumira Ventures, SV Health Investors, Deerfield Management, NovaVenture, Heartwork Capital, and undisclosed parties. <source>
XP Health, a San Carlos, CA-based company providing a digital-first vision care platform, raised $33.2M led by QED Investors, with participation from Canvas Ventures, American Family Ventures, HC9 Ventures, Valor Capital Group, and Manchester Story. <source>
Candid Health, a San Francisco, CA-based revenue cycle automation platform for healthcare providers, raised $29M led by 8VC, with participation from First Round Capital, BoxGroup, and Y Combinator. <source>
Pieces Technologies, a Dallas, TX-based clinical generative AI solution that supports inpatient care teams, raised $25M from Children's Health, Concord Health Partners, OSF HealthCare, and Rittenhouse Ventures. <source>
Nirvana, a New York, NY-based health tech company that brings transparency to eligibility and insurance verification with ML/AI, raised $24.2M led by Northzone, with participation from Inspired Capital, Eniac Ventures, and Surface Ventures. <source>
PathPresenter, a Montville, NJ-based image sharing platform for pathology, raised $7.5M led by AVANT BIO, with participation from Barco NV and Modi Ventures. <source>
Korio, a Doylestown, PA-based randomization and trial supply management (RTSM) technology company, raised $6.8M led by BIP Ventures, with participation from Excelerate Health Ventures, Boston Millennia Partners, and other investors. <source>
eClinical Solutions, a Boston, MA-based provider of digital clinical software and services, raised an undisclosed amount from GI Partners. <source>
PharmaForceIQ, a Boston, MA- and Orlando, FL-based provider of AI-driven, precision omnichannel orchestration and measurement solutions for pharmaceutical and life science companies, raised an undisclosed amount from Eir Partners. <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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