StartUp Health Insights: Quantgene Lands Funding and Partnership Deal | Week of Feb 24, 2021
In addition to StartUp Health portfolio company Quantgene, other raises this week focused on telehealth, lower back pain, workers’ comp, cancer, autoimmune diseases, and more.
We saw nearly $325M in health innovation funding reported this week, led by Mainstay Medical, a Dublin, Ireland-based medical device company focused on lower back pain. The $108M round was co-led by Ally Bridge Group and Sofinnova Partners, with participation from KCK Group, Fountain Healthcare Partners, and a global medical device company. <source>
Other recent deals included:
Eden Health, a New York, NY-based concierge healthcare provider that combines telehealth, in-person primary care, behavioral health, and insurance navigation, raised $60M led by Insight Partners, with participation from Amigos Health, Aspect Ventures, Company Ventures, Flare Capital, Flexcap Ventures, Max Ventures, and PJC. <source>
Transparent Health Marketplace, a Wayne, PA-based workers’ compensation healthcare services platform, raised $27.6M from undisclosed investors. <source>
Nanit, a New York, NY-based developer of an AI-powered baby monitor, raised $25M led by GV. <source>
MEDFAR Clinical Solutions, a Montreal, QC-based Electronic Medical Record (EMR) provider, raised $25M led by Walter Capital Partners. <source>
Carevive Systems, a Miami, FL-based health tech company focused on understanding and improving the cancer patient experience, raised $18M led by Philips Health Technology Ventures, with participation from Debiopharm Innovation Fund, OurCrowd’s digital health fund, Qure Ventures, HLM Venture Partners, LRVHealth, Cerner, and founder Madelyn Trupkin Herzfeld. <source>
January AI, a Menlo Park, CA-based software platform that offers personalized suggestions for blood sugar control, raised $8.8M led by Felicis Ventures, with participation from HAND Capital and Marc Benioff. <source>
MyMee, a New York, NY-based digital care program focused on autoimmune diseases, raised $8.7M from undisclosed investors. <source>
PatientBond, a Salt Lake City, UT-based patient engagement SAAS provider, raised $8.2M from undisclosed investors. <source>
Felix Health, a Toronto, ON-based direct-to-consumer digital healthcare platform, raised C$10M ($7.9M) led by Whitecap Venture Partners, with participation from Mantella Venture Partners, BrandProject, and H Ventures. <source>
StartUp Health portfolio company Quantgene, a Santa Monica, CA-based genomic test developer, raised an additional $6M led by Vikor Scientific, bringing their total funding to $20M. <source>
Ozette, a Seattle, WA-based company using AI to understanding the immune system, raised $6M led by Madrona Venture Group, with participation from the Allen Institute for Artificial Intelligence (AI2) and Vulcan Capital. <source>
Apollo Neuro, a Pittsburgh, PA-based developer of a wearable that improves the body’s resilience to stress, raised $5.9M from undisclosed investors. <source>
Hint Health, a San Francisco, CA-based practice management automation platform, raised $5.1M from undisclosed investors. <source>
Talkiatry, a New York, NY-based technology-driven provider of accessible in-network psychiatric care, raised $5M led by Sikwoo Capital Partners, with participation from Relevance Ventures and Richard Park, MD. <source>
Botco.ai, a Phoenix, AZ-based HIPAA-compliant conversational marketing solution, raised $2.2M led by Stout Street Capital, with participation from Sterling Road, PHX Ventures, and Arizona Tech Investors. <source>
Rx Redefined, an Oakland, CA-based platform that allows physicians to directly manage the distribution of medical supplies to their patients, raised $2M led by Silverton Partners, with participation from Saturn Five. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Get all our free quarterly reports, including our 2020 Year-End Insights Report.
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