StartUp Health Insights: Medical AI, Rare Diseases, and Telehealth Raise Funds | Week of Aug 25, 2021
This week’s funding was led by a clinical AI provider, plus raises for health tech dedicated to rare diseases, AI-enabled cardiovascular imaging, analytics, digital pathology, acute care telehealth, and more.
Our team tracked more than $370M in health innovation funding reported this week, led by InferVision, a Philadelphia, PA-based medical AI provider specializing in the clinical application of AI and deep learning technologies. InferVision raised $140M in total from Series D1 and D2 financing, with the Series D2 led by Goldman Sachs Asset Management. <source>
Other recent deals included:
AllStripes, a San Francisco, CA-based health tech company dedicated to unlocking treatments for people affected by rare diseases, raised $50M led by Lux Capital, with participation from JAZZ Venture Partners, Spark Capital, Medidata Solutions, McKesson Ventures, Maveron, and angel investors including Arif Nathoo and Leila Zegna. <source>
Ultromics, an Oxford, UK-based AI-enabled cardiovascular imaging solutions provider, raised $33M led by Blue Venture Fund, with participation from Optum Ventures, GV, and Oxford Sciences Innovation. <source>
Covera Health, a New York, NY-based healthcare quality analytics company, raised $25M led by Insight Partners, with participation from Equity Group Investment. <source>
Techcyte, a digital clinical pathology platform with offices in Orem, UT, and Luxembourg, raised $21M from Zoetis, ARUP Laboratories, and others. <source>
Equum Medical, a New York, NY-based provider of acute care telehealth and teleICU solutions, raised $20M from Heritage Group. <source>
Centaur Diagnostics (Centaur Labs), a Boston, MA-based startup that offers customizable medical data annotations created by medical experts at scale, raised $15.9M. <source>
Opya, a San Mateo, CA-based autism intervention startup, raised $15.4M Series from SoftBank’s Opportunity Fund, Panoramic Ventures, Disability Opportunity Fund, Raven One Ventures, Divergent Investments, and Altitude Ventures. <source>
Antidote Health, a New York, NY-based telehealth provider building an AI-driven virtual HMO, raised $12M led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors. <source>
Circles, a Tel Aviv, Israel-based emotional support platform, raised $8M led by NFX and Flint Capital, with participation from Sir Ronald Cohen, Jeff Swartz, and others. <source>
Soda Health, a Bentonville, AR-based startup aiming to better personalize supplemental benefits with an individual’s health status and outcomes, raised $6M co-led by Lightspeed Venture Partners and Define Ventures, with participation from Qiming Venture Partners USA. <source>
bttn., a Seattle, WA-based B2B e-commerce platform for medical supply procurement, raised $5M led by FUSE. <source>
MindRhythm, a San Francisco, CA-based medical tech company focused on preventing neurological injury in stroke, raised $5M from Pierre and David Lamond, Corey Goodman, PhD, DCVC, Aestus Capital, Perseverance Capital Management, Blue Fog Capital, Franklin Berger, and Kyle York. <source>
MiSalud, a personalized digital health and wellness platform for the underserved US Hispanic community, raised $5M led by Pivotal Ventures and Magnify Ventures, with participation from Ulu Ventures, Lowercase Capital, Rise Capital, Entravision, and angel investors Alex Bitoun, Sumit Agarwal, Belsasar Lepe, and Isaac Saldana. <source>
Cardiomatics, a Poland-based health tech startup that developed an AI tool for ECG analysis, raised $3.2M led by Kaya, with participation from Nina Capital, Nova Capital, and Innovation Nest. <source>
MiResource, a Woodside, CA-based digital marketplace that empowers health systems to connect their patients to the right mental health care, raised$3M from Draper Associates, Blue Cross and Blue Shield of Kansas, Royal Street Ventures, One Mind, What If Ventures, and GarageCap. <source>
Dieta Health, a San Francisco, CA-based startup that is using AI to personalize digestive health, raised $1.2M led by Heron Rock Fund, with participation from Techstars Ventures, Cedars-Sinai, and Verissimo Ventures. <source>
DocSpace, a Houston, TX-based digital health commerce platform that helps clinicians establish tech-enabled private practices, raised $1.2M led by Slauson & Co, with participation from Precursor Ventures, Acrew Capital’s Scout Fund, SputnikATX Ventures, and angel investors Nathan and Sonia Baschez, Nikhil Krishnan, and Eliana Murillo. <source>
Health In Her HUE, a New York, NY-based digital health platform to help Black women and women of color easily access culturally-sensitive healthcare providers, health content, and community, raised $1M from Seae Ventures, The Genius Guild Greenhouse Fund, Unseen Capital, Female Founders Alliance, and angel syndicates Pipeline Angels, BLXVC, and Bedua Partners. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Get all our free quarterly reports and sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.
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