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SafetyWing, a Norwegian health insurtech startup for remote and gig economy workers, has raised $8 million in a Series A round led by Swedish VC Creandum with participation from byFounder and Rocketship.
UnitedHealth Group has agreed to buy Change Healthcare, which is 20% owned by Blackstone Group, and provides billing and payment process services to more than 2,000 payers and 1 million providers, for $7.84 billion in an all-cash deal and the assumption of the Change Healthcare’s $5bn in debt. – Reuters (Vishwadha Chander)
DXY, the China-based digital healthcare technology company, completed a USD $500 million financing led by Trustbridge Partners, and followed by Tencent Investment and GL Ventures. – PR Newswire
HealNow, an Atlanta-based creator of an onboarding and payments platform for online and traditional retail pharmacies, has closed a $1.3 million round of funding from SoftBank Opportunity Fund and Alabama Futures Fund. – TechCrunch (Jordan Crook)
Homethrive, a Chicago, IL-based healthtech company, raised $18m in Series A funding. The round was led by 7wireVentures and Pitango HealthTech. - FinSMEs
eVisit a Phoenix-based startup that offers telehealth systems for hosptials, raised $14 million in Series A funding led by TVC Capital.
Noyo, a San Francisco-based API platform for health insurance data exchange, secured $12.5m in a Series A funding round from Costanoa Ventures and Spark Capital, with support from return backers such as Homebrew, Fika Ventures, Precursor Ventures, Core Innovation Capital, Garuda Ventures and Webb Investment Network
Sana Benefits, an Austin Texas-based provider of group health benefits for employers, netted $20.8m in a Series A raise from Gigafund, Trust Ventures and mark vc, TechCrunch reported.
Sift Healthcare, a Milwaukee-based startup focused on using AI to overhaul healthcare payments, raised $2.8m in funding that included participation from Rock River Capital Partners and Winnebago Seed Fund, an existing investor.
Heal, a Los Angeles-based health startup which offers house calls and video appointments with doctors for primary care, telepsychology services in California, as well as digital monitoring services, snagged $100m in its Series D round from health insurer Humana, giving the company a post-money valuation of at least $300m, Crunchbase News reported.
Edifecs, a Bellevue, Washington-based healthcare technology company helping providers, insurers, pharmacy benefit management companies and other trading partners trim waste, reduce costs and increase revenues, will receive a significant growth investment from TA Associates and Francisco Partners. The transaction is expected to close in Q3
ema4, a Stamford, Connecticut-based health intelligence company, raised an oversubscribed Series C financing of $121m led by funds managed by BlackRock, leaving the company with a post-money valuation of over $1bn. Additional new investors include Deerfield Management Company and Moore Strategic Ventures, with existing investors including Blackstone, Section 32, Oak HC/FT, Decheng, and the Connecticut Innovation Fund also participating. Sema4 was spun out of the Mount Sinai Health System in June 2017.
The Helper Bees, an Austin, Texas-based startup working with insurance companies to reduce claims costs through data-driven home care services, raised $6m in a Series A round led by Silverton Partners, with participation from insurtech companies including The Zebra and Spot as well as Austin Impact Capital, Techstars, and angel investors.
BestDoctor, a Moscow-based startup that provides group telehealth insurance to employers, nabbed $4.5 million in venture funding led by AddVenture and Target Global.
Angle Health, the San Francisco-based tech-driven health insurance carrier, has closed $4m in a Series Seed funding round led by Blumberg Capital with participation from Y Combinator, Correlation Ventures, TSVC, Liquid 2 Ventures and several smaller funds and angels.
optimize.health, the Seattle-based digital healthcare platform that powers provider reimbursements for remote patient care, raised a $3.5m seed extension round led by Bonfire Ventures.
Aclaimant, a Chicago-based startup that has developed a workflow software platform designed to improve workplace safety, raised a $10m Series A round, led by the Mercury Fund.
InformAI, a Houston-based startup using AI to improve medical diagnoses, raised $1.8m in seed funding led by DEFTA Partners
AirVet, a Los Angeles-based telehealth veterinary startup, snagged $14m in Series A funding led by Canvas Ventures.
Big Health, a San Francisco-based cognitive behavioral therapy healthtech startup, netted $39m in Series B financing led by Gilde Healthcare who was joined by co-lead Morningside Ventures, as well as Samsung NEXT and existing investors Kaiser Permanente Ventures and Octopus Ventures.
DocASAP, a Herndon, Virginia-based patient access and engagement platform for health systems, health plans and physician groups, secured an undisclosed amount of funding led by Optum Ventures.
Peppy, the UK-headquartered specialist healthcare benefits firm, bagged a seed round of GBP 1.7m with Outward VC leading and joined by Form Ventures, Hambro Perks, Seedcamp and undisclosed angels
Kyruus, a Boston-based provider of scheduling and search technology for health IT systems, raised $30m in new funding from Francisco Partners.
Bravrr, a Colorado-based provider of a wearable digital wellness device to combat stress and pain, raised an undisclosed amount of funding from backers including SOSV and Greater Colorado Venture Fund.
Ambler, a France-based inter-hospital patient transfers platform provider, netted €6M from investors including Bpifrance, Idinvest Partners, Partech and Kima Ventures.
EnsoData, a Madison, Wisconsin-based startup using AI to analyze the human body to diagnose health conditions, closed on $9m in a Series A round co-led by Zetta Venture Partners and Venture Investors with participation from SleepScore Ventures, Dreamit Ventures, Necessary Ventures, and some existing backers.
Cue Health, a San Diego-based startup developing portable technology for diagnosing COVID-19, raised $100m in Series C funding.
PatientPing, a Boston-based Care collaboration and e-notifications platform, netted $60m in Series C funding co-led by Andreessen Horowitz, F-Prime Capital, GV (formerly Google Ventures), and Transformation Capital and other existing investors. Total funding now stands over $100 million.
Routinify, a Denver, Colorado-based remote healthcare firm focused on aging adults, received a $1.5m equity investment from Resolute Capital Partners.
PlushCare, a San Francisco-based digital healthcare technology startup, raised $23m in Series B funding led by Transformation Capital.
Overjet, a Cambridge, Massachusetts-based AI startup helping dentists and insurance companies understand dental scans, raised $7.85m in a seed round led by Crosslink Capital with E14 Fund.