CVS Health turning drugstores into super-clinics; BetterUp raises another round for $5B valuationRead more...
UnitedHealthcare makes Apple Fitness available at no cost; Devoted lands $1.2 billion!
More healthtech companies are going public, but are they measuring up? A number of 2021 healthtech companies are trading below their IPO price, with reduced market caps. Read more
UnitedHealthcare is the largest single health carrier in the United States, with about 70 million members. UnitedHealthcare is making Apple Fitness+ available to millions of members at no cost. Read more
Apple's latest iOS goes further with its Health app.A lesser-known update to the Apple iOS system could offer health companies and consumers a significant change to how they share health-related data. Read more on Yahoo news.
Devoted Health: Devoted Health is a Waltham, Ma.-based health insurer focused on Medicare Advantage plans. Devoted Health is raising up to $1.2 billion in Series D funding at around an $11.5 billion pre-money valuation, per a Delaware stock authorization filing found by Axios. Read more
Opentrons Labworks: Opentrons Labworks is a Brooklyn, N.Y.-based robotics company focused on helping life scientists automate many of their experiments and processes. Opentrons Labworks is raising $200 million led by SoftBank. Read more
Hexagon Bio: Hexagon Bio is a Menlo Park, Ca.-based biotech company that's trying to design cancer and infectious disease drugs based on insights mined from the DNA in millions of species of fungi. Hexagon Bio has raised $61 million in funding led by Nextech, with participation from SoftBank, Casdin Capital and earlier investors The Column Group, 8VC and Two Sigma Ventures. Read more
NOCD: NOCD is a Chicago-based startup that offers online therapy for obsessive-compulsive disorder. NOCD has raised $33 million in Series B funding. F-Prime Capital led the round, joined by Eight Roads Ventures, Kaiser Permanente Ventures, 7wireVentures, Health Enterprise Partners, and Chicago Ventures. Read more
Meru Health: Meru Health is a San Mateo, Ca.-based digital clinic for mental health. Meru Health has raised $30 million in Series B funding led by Industry Ventures. Other participants in the round included Bold Capital Partners, Freestyle VC, FMZ Ventures and Leksell Social Ventures. Read more
GeneEdit: GeneEdit is a South San Francisco-based gene therapy delivery startup. GeneEdit has raised $26 million in Series A funding from Eli Lilly, KTB Network, Company K Partners, Korea Investment Partners, DCVC Bio, Sequoia Capital, and half a dozen other investors. Read more
Alpha Medical: Alpha Medical is a Palo Alto, Ca.-based telemedicine company focused on women’s healthcare. Alpha Medical has raised $24 million in Series B funding, including from: SpringRock Ventures, former Ancestry.com CEO Margo Georgiadis, Outcomes Collective Growth Capital, FMZ Ventures, Samsung Next, Chamaeleon, AV8 Ventures and GSR Ventures. Read more
Xealth: Xealth is a Seattle-based digital health prescribing platform that says it enables clinicians to integrate and monitor the digital health of patients. Xealth has raised $24 million in Series B funding led by Advocate Aurora Enterprises. Read more
Pager: Pager is a New York-based virtual care company. Pager raised $50 million in Series C funding. Susquehanna Private Equity Investments led the round, joined by Horizon Healthcare Services. The company separately secured a $20 million debt facility from Silicon Valley Bank. Read more
Pearl Health: Pearl Health is a New York-based primary health tech company that is promising physicians a more predictable revenue stream. Pearl Health has raised $18 million in Series A funding. Andreessen Horowitz led the round, joined by investors including AlleyCorp and AlleyCorp founder Kevin Ryan. Read more
Grow Therapy: Grow Therapy is a New York-based startup that helps therapists launch private practices covered by insurance, Grow Therapy has raised $15 million in Series A funding led by SignalFire. Read more
Fauna Bio: Fauna Bio is a Emeryville, Ca.-based company that aims to identify and develop new drugs for neurologic, metabolic, fibrotic, and cardiovascular disorders using genetic, epigenetic, and proteomic data from animals. Fauna Bio has raised $9 million in seed funding. LifeForce Capital led the round; it was joined by True Ventures, Boom Capital, Pacific 8 Ventures, BioMed Ventures, Vibe Capital, and Arcadia Science. Read more
Veracity: Veracity is a New-York based personal care and wellness platform using hormone testing. Veracity has raised $5 million seed funding led by Global Founders Capital, with participation from L Catterton, Meridian Street Capital, Great Oaks, FAB Ventures, and Silas Capital, as well as industry executives and founders, including Away cofounder Steph Korey. Read more
UnifiHealth: UnifiHealth is a Columbus, Oh.-based health plan for small businesses. UnifiHealth has raised $5.4 million in seed funding. Anthemis led the round, joined by Echelon Capital, Flare Capital, Digitalis Ventures and Great Oaks VC. Read more
9am.health: 9am.health is a San Diego, Ca.-based virtual diabetes clinic. 9am.health has raised $3.7 million in seed funding from Founders Fund, Define Ventures, Speedinvest and iSeed Ventures. Read more
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