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The top deals in the healthcare wearables space in 2016

So far this year, there have been 82 deals in the space, raising $557.96M

Financial trends and news by Steven Loeb
November 4, 2016 | Comments
Short URL: http://vator.tv/n/4810

Healthcare is a really, really big space, one that sees a lot of funding and deals. So far this year, the healthcare space has now raised $13.1 billion, according to data provided to VatorNews by PitchBook, which has been spread across in 1,287 deals.

Of course, it's not monolithic. There are a number of subcategories in the space, focused on different aspects of helping people, including wellness companies, which are focused on healthy lifestyles, to fintech companies, focused on helping people tale responsibility for the cost of their healthcare.

One of those spaces is wearables. There are many devices out there right now for people to buy, which will give them data on how healthy they are overall, while others are designed to monitor specific conditions, like diabetes and heart health.

So far this year, there have been 82 deals in the healthcare wearables space, raising a total of $557.96 million, according to PitchBook's data.

These are the top 15 deals of the year in the space so far:

15. Carrot Sense

Carrot Sense is a developer of a digital health and wearable technology to help people quit smoking. The company provides a mobile-sensor technology which help smokers to quit smoking. It offers a mobile breath sensor, personalized mobile and web dashboard and expert recommended strategies.

The company raised $7.35 million Series A2 round from undisclosed investors, which valued the company at $46.9 million.

14. Halo Neuroscience

Founded in 2013, Halo Neuroscience is a developer of neurotechnologies for enhancing brain performance. The company is the developer of a device that uses pulses of energy to stimulate brain neurons, potentially leading to effects such as accelerated learning or improved body movement control. The company's product is designed for use by professional athletes and stroke rehabilitation.

The company raised a $9 million Series A round in February, bringing its total raised to $10.65 million and valuing it at $24.52 million.

Investors included Andreessen Horowitz, Gary Vaynerchuk (Gary Vaynerchuk), Jazz Venture Partners, Lux Capital, Marc Andreessen (Marc Andreessen), SoftTech VC, Xfund.

13. Valencell

Founded in 2006, Valencell is a developer and manufacturer of biometric sensors for electronics. The company offers an audio headset and wearable biometric data sensor technology that integrates a fitness sensor into music earbuds, headsets and headphones for monitoring physical performance, fitness and health status.

The company raised an $11.04 million Series D round in March, bringing its total raised to $24.5 million.

Investors included GII Tech (Pankaj Gupta), TDF Ventures (James Pastoriza), WSJ Joshua Fund.

12. Moov

Founded in 2014, Moov is a provider of wearable fitness tracker. The company provides a fitness tracking device which synchronizes with the smartphones and provides real-time feedback and coaching instructions.

The company raised a $12 million Series B round in October, bringing its total funding to $15 million and valuing it at $79.3 million.

The money came from Mangrove Capital Partners.

11. Affectiva

Founded in 2009, Affectiva is developer of emotion-recognition software. The company offers a platform that uses face and emotion algorithms to deliver discrete and continuous emotion metrics, measured from a single face or multiple faces simultaneously, in a video or still image. The company's platform is able to leverage massive amounts of related emotion data and other face-related metrics that fuel norms and predictive analytics. Its emotion analytics also are cross-culturally validated, confirming that while key facial expressions are universal, their magnitude varies by region.

The company raised $14 million in a Series D round of funding, bringing its total raised $33.72 million, and valuing it at $77.72 million.

Investors included Bandai Namco Entertainment, CAC Holdings, Fenox Venture Capital (Anis Uzzaman), Sega Sammy Holdings.

10. LifeBEAM

Founded in 2010, LifeBEAM is a developer of wearable bio-sensing instruments. The company develops wearable products for measuring human physiology and providing actionable insights for astronauts and pilots during extreme flight and space travel.

The company raised $16 million in a Series A round of funding in March, bringing its total to $18.7 million.

Investors included Atomic14 Ventures, Cerca Partners, Square Peg Capital (Philippe Schwartz), TriVentures, Wellborn Ventures.

9. Cala Health

Founded in 2013, Cala Health is a developer of novel therapies based on neuroscience discoveries. The company is designing a new wearable medical device for patients who suffer hand and wrist tremors.

The company raised $18 million in Series B funding in February, valuing it at $38.73 million.

Investors included Action Potential Venture Capital, dRx Capital (Carolyne Zimmermann), GV, Johnson & Johnson Innovation, Lightstone Ventures (Mark Deem), Lux Capital.

8. Parsable

Founded in 2013, Parsable is a provider of a mobile collaboration and workflow platform for industrial teams. The company provides a wearable technology platform to improve day-to-day operations for industrial firms, doctors and engineers.

The company raised $20 million in a Series B round of funding in June, bringing its total to $27.87 million and valuing it at $76.66 million.

Investors included Airbus Group Ventures, Saudi Aramco Energy Ventures (MJ Maloof), Schlumberger Technology Investments (Iain Cooper).

7. uSens

Founded in 2013, uSens is a provider of three dimension interactive system. The company offers 3D gesture recognition on mobile platforms that combines virtual and augmented reality.

The company raised $20 million in a Series A round of funding in June, bringing its total funding to $26.7 million.

Investors included ARM Innovation Ecosystem Accelerator, Chord Capital, Fortune Venture Capital, Great Capital, iResearch Consulting Group, Kinzon Capital (Donghui Pan), Maison Capital (Wenli Cui), Morningside Group, Shenzhen Oriental Fortune Capital.

6. Propeller Health

Founded in 2007, Propeller Health is a provider of mobile health service for asthma and chronic obstructive pulmonary disease. The company uses a combination of smartphone applications and snap-on inhaler sensors that track when and how often patients use their inhaled medications.

The company raised a $21.5 million Series C round of funding in October, bringing its total raised to $47.96 million, and valuing it at $67.37 million.

Investors included 3M New Ventures, Hikma Ventures (Lana Ghanem), Safeguard Scientifics (Gary Kurtzman), Social Capital (Ted Maidenberg), SR One (Rajeev Dadoo).

5. Vital Connect

Founded in 2011, Vital Connect is a provider of wearable biosensor technology for wireless hospital and remote patient monitoring. The company takes from the disciplines of bio-engineering, data analytics, chip design and mobile and cloud software, to create technology that supports decision-making processes to optimize health and economic outcomes.

The company raised $22.1 million in a Series B round of funding in June, bringing its total raised to $28.74 million and valuing it at $172.1 million.

Investors were undisclosed.

4. Doppler Labs 

Founded in 2013, Doppler Labs is a developer of a lively active listening system and headphones. The company makes wireless earplugs using attenuation to deliver optimal hearing protection while preserving sound fidelity.

The company raised a $24 million Series B round of funding in July, bringing its total funding to $50.5 million.

Investors included Anton Levy (Anton Levy), Daniel Gilbert (Daniel Gilbert), David Geffen, Henry Kravis (Henry Kravis), The Chernin Group (Peter Chernin).

3. Chrono Therapeutics

Founded in 2004, Chrono Therapeutics is a developer of a digital smoking-cessation system. The company offers a wearable device that offers programmable, transdermal nicotine replacement therapy (NRT) in combination with real-time behavioral support. Its drug-delivery platform sends reminders when users are not using it, and also rewards users who wean themselves off nicotine.

The company raised $47.6 million in a Series B round of funding in September, bringing its total to $79.7 million.

Investors included 5AM Ventures (James Young), Asahi Kasei, Canaan Partners (Wende Hutton), Cota Capital, Emergent Medical Partners, Endeavour Vision, Fountain Healthcare Partners (Aidan King), GE Ventures (Leslie Bottorff), Hikma Ventures, Kaiser Permanente Ventures (Elizabeth Rockett), Mayo Clinic Ventures, Mission Bay Capital, Xeraya Capital Labuan.

2. Proteus Digital Health

Founded in 2001, Proteus is a creator of a digital feedback system to monitor health and reinforce healthy habits. The company has developed an ingestible sensor and body patch, which monitors when medications are taken and the body's physiologic response to the medication.

The company raised a $50 million Series H round of funding in February, bringing its total raised to $390.68 million and valuing it at $1.5 billion.

Investors were undisclosed.

1. Jawbone

Founded in 1997, Jawbone is a developer and designer of biometric wearable devices. The company designs hardware and software products powered by data science and its products includes fitness trackers, speakers and audio devices.

The company raised a $165 million Series F round of funding in January, bringing its total raised to $983.8 million, vauling the company at $1.5 billion.

Investors included Kuwait Investment Authority, Sameer Samat (Sameer Samat), Sequoia Capital (Roelof Botha), SevenVentures, Spring Capital Partners.

(Image source: artemia.com)

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