StartUp Health Insights: Cecelia Health Raises $13 Million Series B | Week of Aug 19, 2020

This week’s innovative health funding features StartUp Health portfolio company Cecelia Health, plus startups working on drug development, clinical trials, telemedicine, cancer solutions, and more.

StartUp Health
StartUp Health

--

David Weingard, CEO & Founder of Cecelia Health, is on a mission to transform the lives of people living with diabetes and other chronic conditions.

We saw over $322M in health innovation funding this week, led by Mission Bio, a San Francisco, CA-based tech platform used in the development of oncology drugs. The $70M Series C was led by Novo Growth, with participation from Soleus Capital, and existing backers Mayfield, Cota, and Agilent. <source>

Other recent deals included:

THREAD, a Tustin, CA-based technology and service provider that enables decentralized clinical research, raised $50M from Water Street Healthcare Partners and JLL Partners. <source>

Thirty Madison, a New York, NY-based telehealth startup that offers online health portals for treatment of hair loss, migraines, and acid reflux, raised $47M led by Polaris Partners, with participation from Johnson & Johnson, Maveron, and Northzone. <source>

Reify Health, a Boston, MA-based provider of cloud-based solutions for clinical trials, raised $30M led by Battery Ventures <source>

Eden Health, a New York, NY-based telemedicine company, raised $25M led by Flare Capital Partners, with participation from Greycroft, Aspect Ventures, and other investors. <source>

Carrot Fertility, a San Francisco, CA-based fertility benefits provider for employers, raises $24M led by U.S. Venture Partners, with participation by F-Prime Capital, CRV, Precursor Ventures, Maven Ventures, and Uncork Capital. <source>

mPulse Mobile, an Encino, CA-based developer of conversational AI for healthcare, raised $16M led by Optum Ventures, with participation from HLM Venture Partners, OCA Ventures, SJF Ventures, Echo Health Ventures, and Rincon Ventures. <source>

StartUp Health portfolio company Cecelia Health, a New York, NY-based company that transforms the lives of individuals living with chronic conditions, raised $13M co-led by Rittenhouse Ventures and Endo Investors, with participation from Boston Millennia Partners, SustainVC, G100 Capital, and others. <source>

Bodyport, a San Francisco, CA-based developer of a scale intended to detect early signs of cardiovascular disease, raised $11.2M led by Boehringer Ingelheim Venture Fund (BIVF), with participation from Playground Global and Initialized Capital. <source>

VoiceItt, a Tel Aviv, Israel-based speech recognition software for people with speech and motor disabilities, raised $10M led by a group of investors, including Viking Maccabee Ventures, Microsoft’s M12, AMIT Technion, Cahn Capital Corp, Connecticut Innovations, and AARP, with participation from Quake Capital, SLJ Family Office, Dreamit Ventures, and The Disability Opportunity Fund. <source>

Labster, a Copenhagen, Denmark-based startup that helps individuals engage in STEM lab scenarios using virtual reality, raised $9M led by GGV Capital Group, with participation from Balderton, Owl Ventures, and Northzone. <source>

Liki24, a Kiev, Ukraine-based e-commerce platform for medicine delivery, raised $5M led by Horizon Capital, with participation from Genesis Investments and TA Ventures. <source>

CancerIQ, a Chicago, IL-based startup developing cancer-focused precision health technology, raised $4.8M led by HealthX Ventures. <source>

MobileODT, a Tel Aviv, Israel-based developer of cervical cancer screening technology, raised $4M led by OrbiMed Israel Partners, with participation from Tristel, Tara Health and Laerdal. <source>

Allergy Amulet, a Madison, WI-based company helping people with food allergies, raised $3.3M led by TitletownTech, with participation from Great North Labs, Colle Capital, Great Oaks VC, DeepWork Capital, Dipalo Ventures, and Bulldog Innovation Group. <source>

Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Get all our free quarterly reports.

--

--

StartUp Health is investing in a global army of Health Transformers to improve the health and wellbeing of everyone in the world.