Handl Health Secures Oversubscribed $2.5M Seed Round | StartUp Health Insights: Week of Apr 30, 2024
Handl Health – a member of the StartUp Health community – is a first-to-market AI platform built to help benefits consultants design and deliver affordable health benefits.
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Handl Health, a Los Angeles, CA-based StartUp Health company revolutionizing employer-sponsored healthcare through data-driven health plan design and management, raised $2.5M. The oversubscribed seed round was led by Mucker Capital and Everywhere VC, with participation from Tau Ventures, Riverfront Ventures, DHVP (Digital Health Venture Partners), Boutique Venture Partners, Plug and Play Ventures, and Techstars. <source>
Other health innovation funding reported this week included:
Blackrock Neurotech, a Salt Lake City, UT-based brain-computer-interface (BCI) technology company, raised $200M from Tether. <source>
Midi Health, a Menlo Park, CA-based virtual healthcare platform for women in midlife, raised $60M led by Emerson Collective, with participation from GV (Google Ventures), Memorial Hermann, SemperVirens, Felicis, Icon Ventures, Black Angel Group, Gingerbread Capital, Able Partners, G9, and Operator Collective. <source>
Variantyx, a Framingham, MA-based company that specializes in molecular diagnostics, raised $36M from Peregrine Ventures, Pitango HealthTech, New Era Capital Partners, and Bosch Ventures. <source>
neurocare, a Munich, Germany-based personalized mental healthcare company, raised €16M ($17.1M) from TVM Capital Healthcare. <source>
Trovo Health, a New York NY-based startup that provides an AI-powered platform helping health providers extend their capabilities, raised $15M led by Oak HC/FT. <source>
Alaffia Health, a New York, NY-based health plan claim operations software and tech company, raised $10M led by FirstMark Capital, with participation from GingerBread Capital, Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures, and Tau Ventures. <source>
Owlstone Medical, a Cambridge, UK-based company developing breath-based diagnostics, raised $6.5M from the Bill & Melinda Gates Foundation. <source>
Nebu-Flow, a Glasgow, Scotland, UK-based provider of a nebulizer platform, raised $5.9M led by SCVC, with participation from Scottish Enterprise, Foresight WAE Technology, SIS Ventures, Ascension, and Conduit EIS Impact Fund. <source>
neuroClues, a French-Belgian medtech startup building high-speed eye-tracking technology that incorporates AI-driven analysis, raised €5M ($5.3M) led by White Fund and the European Commission’s EIC Accelerator program, with participation from Invest.BW and angel investors. <source>
FlashAid, a Mumbai, India-based health insurtech startup, raised $2.5M led by Piper Serica Angel Fund and SOSV, with participation from Z21 Ventures Fund and ZNLGrowth Fund. <source>
Klineo, a Paris, France-based AI platform that connects doctors and patients directly with relevant clinical trials, raised €2M ($2.1M) from the BPI and angel investors. <source>
Prescriby, an Icelandic-Canadian treatment management platform for addictive medication, raised €2M ($2.1M) led by Crowberry Capital. <source>
Arab Therapy, an Amman, Jordan-based healthtech startup providing an online mental health platform for the MENA region, raised $1M led by Flat6Labs and Vision Health Pioneers. <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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