Alto Pharmacy raises $50 million as it...

The company will use the funding to expand its services to markets beyond California

by Steven Loeb - December 05, 2018
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Aspen RxHealth raises $9M to connect patients and pharmacists via mobile app

by Steven Loeb, December 13, 2018

The company will soon begin its beta testing period

Healthtech is a vast space, with myriad different offshoots that are ready to be disrupted. One of the biggest targets seems to be pharma, which has both large companies, such as Walgreens and Amazon, as well as startups like Alto Pharmacy, trying to tackle it. There are a lot of different entities with the goal of making pharma simpler and easier ...

Genomic technology company Mission Bio raises $30M

by Steven Loeb, December 13, 2018

The company will use the funding to expand its technology into CRISPR research

One of the most exciting prospects for healthtech is precision health, which encompasses the move toward tailored and personalized medicine vs a one-size-fits-all approach, but with the emphasis or inclusion of disease prevention and detection vs treatments. For precision health to work it requires a lot of new data, which will then by used to personalize treatment to that particular patient. Mission Bio is ...

Online car retailer Vroom raises $146M, adds AutoNation as investor

by Steven Loeb, December 11, 2018

The company has now raised $440 million and will likely be going public in the next few years

The IPO market is heating up right now, with some of the biggest companies in tech announcing within days of each other their plans to go public in 2019: Uber, Lyft and Slack. That will no doubt spur other tech companies, even those that haven't raised $1 billion in funding, to also take the plunge. One of those is likely ...

Walgreens partners with FedEx for its next-day prescription delivery service

by Steven Loeb, December 6, 2018

The company is competing against the likes of Amazon, which bought PillPack for $1B this summer

There seems to be a race right now in the pharma space to offer the fastest on-demand delivery option. And the competition is heating up. Not only do you have startups raising funding, such as Alto, which just this week raised a $50 million funding round, and Capsule, which also raised $50 million over the summer, but you also have ...

Alphabet's DeepMind unveils AlphaFold, an AI program creating 3D protein models

by Steven Loeb, December 4, 2018

AlphaFold recently won the the Critical Assessment of Structure Prediction contest

Health has long been a key component of Google's business, whether that be trying out a smart contact lens to measure glucose levels in the wearer’s tears to the founding of Calico in 2013 with the aim of taking on the aging process. The company has no shortage of health initiatives it has tried out over the years. Now DeepMind, a ...

Designer fashion for good, Olivela boutique in Aspen to open doors in December

by Anna Vodopyanova, December 3, 2018

The platform donates 20 percent of its sales to funds for girls' education, against child marriage

A clothing retailer that combines luxury fashion and doing good, Olivela, is opening its second brick-and-mortar boutique early this month in its mission to make education accessible to girls in underdeveloped regions of the world. What launched as an online shopping platform, which gave 20 percent of each purchase to funds helping girls go to school in developing nations, is ...

As the InsurTech space heats up, Bright Health raises $200 million

by Steven Loeb, November 30, 2018

The company has a unique business model where it only works with one health system in a given area

In just the first half of 2018, global investment in the InsurTech space reached over 85 percent of the total invested in all of 2017, with companies raising big funding rounds. That includes Medicare Advantage provider Devoted Health, which raised $300 million in October, and Oscar Health, which raised $375 million from Alphabet in August. If the pace keeps up for ...

Amazon takes a big leap in healthcare: using patient data for diagnosis

by Steven Loeb, November 29, 2018

Called Comprehend Medical, Amazon will use machine learning to extract data from EHRs

The promise of big data in healthcare has been that technologies, such as artificial intelligence and machine learning, would make it easier for a doctor to diagnose a patient and personalize care to ultimately improve outcomes. Not that the technology would supplant the doctor, necessarily, but that it would look at a patient's medical records or their test results and ...

When life gives you lemons, put them on your turkey

by Bambi Francisco Roizen, November 21, 2018

It's Thanksgiving, time to be thankful and see life as a glass half full

It’s Thanksgiving! Time to give thanks. There’s much to be grateful for, even though the global economy has softened; Apple, Netflix and Google have entered into massive correction mode and for those in California, where I live, the worst fire in the state’s history has ravaged towns, and taken lives. But there’s always, always something to be thankful for. My ...

I'm thankful that some of the luster has come off of tech

by Steven Loeb, November 21, 2018

Now that the problems have been exposed, maybe we can finally fix them

Every year, around this time, I like to share something that happened in tech that has made me thankful. It's usually a piece of technology that has improved our lives or a positive trend in the industry. This year, it's different. Something has changed in the last 12 months or so; there's been a definite shift in how people look ...

Mish Guru lets brands and businesses take full control over their Instagram Stories

by Josiah Motley, November 15, 2018

It's like Sprinklr, but for Instagram Stories

I'm not sure when it happened, but social media has changed. Like, a lot. No longer are Facebook ads or sponsored Twitter posts enough, now, if you're a brand (new or established) you have to start telling stories. Stories, of course, referring to social media aspect of platforms like Snapchat and Instagram. As a quick refresher, these Stories have quickly ...

Direct-to-consumer cancer screening platform Ezra comes out of stealth with $4M

by Steven Loeb, November 15, 2018

Ezra looks to change cancer screening with MRI scans and artificial intelligence

Cancer screenings are so important to the lives of so many people, but the effectiveness of those tests is alarmingly low. With lung cancer screenings, for example, 56 percent of tests have false positives, meaning that those patients are exposed to more testing and radiation as a result. Ezra is a new company that is looking to put an end ...

Cigna partners with Annum Health to help combat alcohol-related disease

by Steven Loeb, November 14, 2018

Cigna is the first health service company to pilot Annum’s digital addiction treatment program

Alcoholism is a still a big problem, one that affects millions of people in the United States alone. According to the National Institute on Alcohol Abuse and Alcoholism (NIAAA), over 15 million adults had Alcohol Use Disorder in 2015, and an estimated 88,000 people die from alcohol-related causes annually, behind only tobacco and poor diet and physical inactivity as a preventable cause of ...

WalkMe extends its Series F round to go deeper into the Asia Pacific market

by Steven Loeb, November 13, 2018

The funding came from EDBI, the venture capital arm of the Singapore Economic Development Board

When digital adoption platform WalkMe raised $40 million in September, the company said it would be using the funding, in large part, to expand its platform globally, specifically to go deeper into the Asia Pacific region. Now the company is doubling down on that plan, extending its round with a strategic investment from a leading venture capital firm in the region. ...

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