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Biotechnology Health Care Medical Device mHealth North America

Gramercy Extremity Orthopedics Raises $9.83 Million in Series A to Transform Orthopedics Operating Industry

– Gramercy Extremity Orthopedics raised $9.83m in Series A financing.
– The funding will be used to scale up technology infrastructure and continued product expansion with specific focus on the United States extremity market.
– The GEO CART® is an industry-first, computerized, mobile implant and instrumentation inventory system enabled with RFID technology.
– No bigger than the average medical cart, the GEO CART® system can hold over 1,000+ items tailored to the usage of a specific facility.
– The GEO CART® proprietary point-of-sale system reduces delays in surgery, decreases sterility risks to the patient, eliminates handwritten billing mistakes, automatically generates the Implant Usage Form, removes the cost to clean and sterilize instrumentation, and reduces facility operating expenses.

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Biotechnology Health Care Medical Device mHealth North America

Gramercy Extremity Orthopedics (GEO) Raises $9.83M in Series A Funding

– Gramercy Extremity Orthopedics (GEO) from Richardson, TX develops Orthopedic Medical Implants.
– The company raised $9.83M in Series A funding.
– The round was led by undisclosed investors.
– The new investment will be used to scale up technology infrastructure and continue product expansion with specific focus on the United States extremity market.

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Health Care mHealth Mobile Apps North America Wellness

Pager Secures $70M in Funding

– Pager is a virtual care navigation and collaboration platform.
– Company raised $70m in Series C funding.
–  The Series-C round was led by Susquehanna Private Equity Investments, an affiliate of Susquehanna International Group LLLP (SIG), and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey’s largest health insurer. Debt financing was provided by Silicon Valley Bank.
– The company intends to use the funds to scale capacity to meet record pipeline demand, accelerate innovation of the platform, and support the geographic expansion to new markets in the United States, Latin America and worldwide.

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Health Care Information Technology mHealth North America SaaS

eVisit Closes $45 Million in Series B Funding Round Led by Goldman Sachs Asset Management

– eVisit is the leading Virtual Care platform for large healthcare providers, raised a $45 million Series B financing.
– The round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders.
– eVisit will invest the capital to drive growth by building out its Virtual Care platform and scaling up its sales and marketing efforts.

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Health Care mHealth Mobile Apps North America Software

Babyscripts Raises $12M in First Round of Series B Funding

– Babyscripts, a Washington, DC-based virtual care platform for managing obstetrics, raised $12m in the first close of its Series B funding.
– The round was led by MemorialCare Innovation Fund, a strategic healthcare investment company, with participation from Philips and the CU Healthcare Innovation Fund, as well as Banner Health, WellSpan Health, University Hospitals, and the Froedtert & the Medical College of Wisconsin health network.
– The new investment will be used to roll out its Babyscripts Virtual Maternity Care solution to providers across the US.

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Health Care mHealth North America

Antidote Health Raises $12M in Seed Funding

– Antidote Health from NYC provides telehealth services to make healthcare accessible to all Americans.
– Series A $12m round was led by iAngels, Well-Tech Ventures and Flint Capital along with other angel investors.
– The new investment will be used to expand nationwide and accelerate marketing initiatives to further educate potential users of their healthcare options.

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Health Care mHealth North America Wellness

Opya Raises $15.4M in Series A Funding

– Opya from San Mateo is a developer of early intervention solutions for autism.
– Company raised $15.4m in Series A funding.
– The round was led by new investors Panoramic Ventures, SB Opportunity Fund, Disability Opportunity Fund, and Raven One Ventures, as well as prior investors Divergent Investments and Altitude Ventures.
– The company intends to use the funds to scale its clinical care, add leadership talent, and accelerate its product innovation.

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Health Care Medical mHealth North America Personal Health Wellness

Humanity launches ‘slow your aging’ app in the UK and raises $2.5M more from health investors

– Humanity, a startup that claims to slow down aging, raised $2.5m in seed funding.
– The round was joined by 65 health-tech and consumer-tech investors.
– The company plans to launch its app in the U.S./worldwide in the first week of September.

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Health Care mHealth Personal Health Wellness Western Europe

Health and wellness apps maker Palta raises $100M Series B led by VNV Global

– Health and wellness apps startup Palta has raised $100m in Series B funding.
– The round was led by Per Brilioth at VNV Global, with the participation of Target Global and other existing and new investors.
– The cash will be used to generate more products, such as its existing products Flo.Health, Simple Fasting, Zing Fitness Coach and others.

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Health Care mHealth North America Therapeutics Wellness

SonderMind Raises $150M in Series C Funding

– SonderMind Inc. from Denver, CO develops behavioral health technology to improve mental health clinical outcomes.
– Company closed $150m Series C financing.
– The round was co-led by new investors Drive Capital and Premji Invest with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart Fund, F-Prime Capital, Founders Circle Capital, Zoma Foundation and FCA Venture Partners.
– The new investment will be used to accelerate the company’s expansion into all 50 states.

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Health Care mHealth Personal Health Therapeutics Wellness Western Europe

Employee mental health platform Oliva raises $2.2M pre-seed round led by Moonfire Ventures

– Oliva, a mental health startup, raised $2.2m in pre-seed funding.
– The round was led by Moonfire Ventures, the new seed-stage VC firm from Atomico co-founder Mattias Ljungman.
– Other investors include tech executives from Amazon, Booking.com, DogBuddy, Typeform, Hotjar, TravelPerk and more.

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Electronic Health Record (EHR) Health Care Medical mHealth Mobile Apps North America

Carbon Health Secures $350 Million to Expand Omnichannel Primary Care Nationwide

– Carbon Health, a leading omnichannel healthcare provider, announced that it has raised $350m.
– The investment enables Carbon Health to further accelerate its expansion to become the largest primary care provider in the U.S. and fulfill its mission to make high-quality healthcare accessible to everyone.
– The round was led by Blackstone’s Horizon platform with participation from Atreides, Homebrew, Hudson Bay Capital, Intersect Capital, Fifth Wall, Lux Capital, Silver Lake Waterman, and funds and accounts managed by BlackRock.

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Employee Benefits Health Care Medical mHealth North America Wellness

Quit Genius Raises $64M in Series B Funding

– Quit Genius, a NYC-based digital clinic for treating multiple addictions, raised $64M in Series B funding round.
– The round was co-led by Kinnevik and Atomico, with participation from Series A investors Octopus Ventures, Triple Point Ventures and Startup Health.
– The company will use the funds to fuel expansion of its platform in the U.S..

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Apps Fitness Health Care mHealth South Asia

Fitness app HealthifyMe to expand worldwide after raising $75M Series C from LeapFrog and Khosla Ventures

– HealthifyMe, a fitness app, raised $75m in Series C funding.
– The round was led by LeapFrog and Khosla Ventures, and joined by Unilever Ventures, Elm and Healthquad.
– The company plans to grow its user base in India, Southeast Asia and North America.

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Electronic Health Record (EHR) Health Care Medical mHealth North America

DrChrono Raises $12M in Funding

– DrChrono from Sunnyvale CA provides a platform and services for modern medical practices.
– The company raised $12m in funding.
– The round was led by ORIX Growth Capital.
– The company intends to use the funds to expand the telehealth offerings on the DrChrono platform, grow operations and enhance across the other key product areas including EHR, practice management, medical billing and its core partner API.

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Developer APIs Fitness Health Care mHealth Mobile North Africa and the Middle East Software

BreezoMeter Closes $30 Million Series C to Bring Street-Level Environmental Intelligence to Consumers Through Cars, IoT Devices and Other Connected Experiences

– BreezoMeter closed its $30m Series C funding round.
– The round was led by Fortissimo Capital, an Israeli private equity investment group with $1.6 under management, together with Entrée Capital, which has backed BreezoMeter since its founding.
– Existing investors JumpSpeed Ventures, Launchpad Digital Health, AxessVentures and Eurazeo also participated in the round.
– BreezoMeter is entering the advanced stages of developing its new monitoring, forecasting and alert systems for environmental hazards, such as air pollution, pollen and fires.
– The funding will additionally fuel the development of products that transform real-time environmental data into actionable insights, so that individuals can make informed decisions about when to go outside, how to best protect themselves, which travel routes to take, and even where to live.

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Health Care Health Diagnostics Medical mHealth North America

LetsGetChecked Announces $150 Million Series D Fundraise to Grow Comprehensive Virtual Care Capabilities

– LetsGetChecked announced the completion of a $150m Series D round of financing.
– The funding was led by Casdin Capital with continued participation from CommonFund Capital, Illumina Ventures, Optum Ventures, Transformation Capital, HLM Venture Partners, Qiming Venture Partners USA, and professional golfer Rory Mcllroy through Symphony Ventures, an investment partnership.
– This latest financing brings the total capital raised by LetsGetChecked to more than $260m.
– LetsGetChecked will use the new capital to launch care pathways, a 360-degree customer care journey that will provide remote care for patients with ailments and chronic conditions.
– Care pathways is enabled by LetsGetChecked’s core offerings, including telehealth services, pharmacy capabilities, and at-home diagnostics.

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Fitness Health Care Medical mHealth North America Wellness

Hello Heart Completes $45M Series C

– Hello Heart, a heart health digital therapeutics solution, has completed a $45m Series C led by IVP.
– Hello Heart’s existing investors, including Khosla Ventures, BlueRun Ventures, Maven Ventures, and Resolute Ventures also participated in the round.
– Hello Heart’s mission is to empower people to manage and improve their heart health using digital technology.

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Information Technology Medical Device mHealth North America

AcuityMD Raises $7 Million Led by Benchmark to Close Medical Device Industry Information Gap

– AcuityMD, a platform for commercializing and improving medical devices with data, announced the close of a $7m financing round led by Benchmark with participation from Ajax Health.
– The company will use the funding to accelerate hiring with a goal to double the team by the end of the year, and continue to invest in product development.

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Artificial Intelligence Fitness Health Care Medical Device mHealth South Asia

Wysa Closes $5.5M Series A Funding

– Wysa is a Boston MA-based company that provides an AI-powered mental health platform.
– The company raised $5.5M in Series A funding.
– The round was led by W Health Ventures with participation from Google Assistant Investment, pi Ventures and Kae Capital.
– The new funding will be used to expand the company’s business reach, as well as scale up its sales team and therapist network.

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Clinical Trials Diabetes Health Care Information Technology Medical mHealth Mobile North America Software

emocha Closes $6.2M Series A Funding Round Led by Claritas Health Ventures

– emocha Health, a digital health company which radically improves medication adherence amongst patients with chronic and infectious diseases, today announced the closing of a $6.2 million Series A funding round.
– The financing was led by Claritas Health Ventures and includes participation from Healthworx, the innovation and investment arm of CareFirst BlueCross BlueShield, Kapor Capital, and PTX Capital.
– emocha is the first company to comprehensively digitize the CDC-endorsed practice of Directly Observed Therapy — the gold standard for medication adherence, using a combination of two-way asynchronous video technology and human engagement powered by artificial intelligence.
– emocha is tackling one of the biggest unsolved challenges in healthcare – medication non-adherence, which results in $300 billion a year in preventable hospitalizations.

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Health Care Health Diagnostics Hospital mHealth North America Psychology

Eleanor Health Announces $20M Series B

– Eleanor Health, an outpatient addiction and mental health provider, has closed an oversubscribed $20M Series B financing.
– The company received participation from all existing investors including Town Hall Ventures, Echo Health Ventures, and Mosaic Health Solutions, as well as new participation from Warburg Pincus.

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B2B Employee Benefits Enterprise Software Health Care mHealth Training Western Europe

Unmind Closes $47M in Series B Funding

– Unmind is a London, UK and NYC-based workplace mental health platform.
– Company raised $47m in Series B funding.
– The round was led by EQT Ventures with participation from Sapphire Ventures, as well as existing investors Project A, Felix Capital, and True Ventures.
– The new investment will be used to accelerate the company’s international growth, continue to develop content, features, and integrations, and increase headcount to 200 people by the end of 2021.

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Consumer Health Care Medical mHealth Mobile Apps Western Europe

Kry Secures Over US$300m Investment to Accelerate European Expansion Plans

– Digital healthcare company Kry announced a funding round of over US$300m (€262m) to fuel its European expansion plans.
– The Series D funding round was led by CPP Investments (CPPIB) and Fidelity Management & Research LLC with participation from existing investors, including the Ontario Teachers’ Pension Plan (Ontario Teachers’), Index Ventures, Accel, Creandum and Project A.
Kry will use the investment to scale its platform, building on both its operations as a healthcare provider and its innovative software offerings as well as further geographic expansion. This will bring the benefits of its technology to millions more patients across Europe.

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Health Care mHealth North America Wellness

Sesame Raises an Additional $24M to Build the Future of Direct Pay Healthcare

– Sesame has raised an additional $24m in funding, including new investments from Giant Ventures, Industry Ventures and Coefficient Capital.
– The latest funding brings Sesame’s total capital raised to just under $50m since its founding in 2019.
– Sesame will use the new funding to strengthen its dynamic, full-scope marketplace and expand its nationwide telehealth offerings and in-person care.
– This latest funding follows Sesame’s successful expansion into national telehealth coverage to complement its comprehensive in-person offerings.
– With over 1,000 providers treating patients across all 50 states, Sesame’s business has grown 25x in the past year.
– Sesame is launching prescription medication delivery this month, giving cash-pay patients convenient access to affordable medication.

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Asia Consumer Electronics Health Care Medical Device mHealth

Olive Union Raises $20M to Expand into Digital Hearing Therapeutics

– Olive Union is making smarter hearing health a reality for everyone.
– Olive Union closed a $7M Series B.
– The round was led by Beyond Next Ventures, Bonds Investment Groups and Japan Policy Finance Corporation.
– Olive plans to expand beyond its existing hearing aids product line into new digital therapeutics for tinnitus and overall hearing health, and begin laying the foundation for its next generation of smart hearing technology.
– Olive is the company making smarter hearing health a reality for everyone.
– Olive’s existing technology and future digital therapies are affordable, easy-to-use solutions for the majority of those with some degree of hearing loss.
– Olive plans to expand beyond its existing hearing aids product line into new digital therapeutics for tinnitus and overall hearing health, and begin laying the foundation for its next generation of smart hearing technology.

Health Care Hospital mHealth Mobile Devices North America

CirrusMD Raises $20M in Series C Funding

– CirrusMD from Denver, CO provides on-demand virtual care services.
– The company raised $20m in Series C funding.
– The round was led by Blue Venture Fund, with participation from 7wireVentures, Drive Capital and the Colorado Impact Fund.
– The new investment will be used to continue to expand solution capabilities, enhance user and provider experiences, increase scalability, and drive innovation to support employer and health plan customers.

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Health Care mHealth North America Wellness

Ginger Announces $100 Million Series E Financing from Blackstone to Bring Value-Based Mental Healthcare to Millions of Employees and Health Plan Members

– Ginger, the on-demand mental health company, announced a $100m Series E financing round led by funds managed by Blackstone Growth.
– The round was led by Blackstone Growth and includes existing investors from Kaiser Permanente Ventures, Cigna Ventures, Bessemer Venture Partners, Advance Ventures Partners, Khosla Ventures, Health Velocity Capital, City Light Capital, and WP Global Partners.
– This latest round of investment will bring the company’s total funding to over $220m on the heels of approximately 3x revenue growth over the past year.
– Over 10m people have access to Ginger in over 40 countries around the world through the company’s partnerships with innovative employers, health plans, and strategic partners.

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Artificial Intelligence Elder Care Health Care Medical mHealth North America

Harmonize Health Announces $10 Million Series A to Help Medical Groups Better Serve High Risk Patients

– Harmonize Health announced a $10m Series A investment led by Launchpad Digital Health with participation from Stanford University, Gaingels and existing investors Trinity Ventures and Liquid 2 Ventures.
– The investment will be used to expand its reach with organizations aiming to improve patient outcomes among elderly, high-risk patient populations.
– The company is pioneering a software plus services solution that connects the patient with their provider for effective remote monitoring and care delivery.
– Leading healthcare organizations, including Intermountain Healthcare and Choice Physicians Network, use Harmonize to evaluate patient situations remotely and deliver high-value interventions before a patient goes to the ER.
– Harmonize has led to a 30% reduction in emergency room visits and hospital admissions for patients.

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Diabetes Health Care mHealth Mobile Apps North America Software

Glooko Raises $30M Series D Financing

– Glooko, a leading provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, has raised a $30m Series D round of funding.
– The financing was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic.
– Proceeds will be used to accelerate organic growth and strategic initiatives across the company’s broad and growing product line of advanced digital health solutions.

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Artificial Intelligence Big Data Diabetes Health Care Medical Device mHealth North America Predictive Analytics

Bigfoot Biomedical® Secures up to $57 Million in Combined Debt and Equity Financing from Madryn Asset Management

– Bigfoot Biomedical announced a $57m Series C financing round.
– The round was led by Madryn Asset Management LP, an alternative asset management firm focused on investments in innovative health care companies.
– The proceeds of the investment will be used by Bigfoot to support commercialization of its innovative Bigfoot Unity™ Diabetes Management Program.
– The Bigfoot Unity Program will leverage first-of-its-kind technologies to simplify and connect key aspects of insulin management to enable personalized, proactive and remote patient care.
– Currently, Bigfoot Biomedical is anticipating FDA clearance of its Bigfoot Unity System, a centerpiece of the Bigfoot Unity Program featuring smart pen caps that provide insulin dose decision support and enable patients to follow their doctor’s instructions in a convenient, simple way.

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Enterprise Software Health Care Information Technology mHealth North America Software

Health Recovery Solutions, Remote Patient Monitoring and Telehealth Leader, Completes Series C with LLR Partners

– Health Recovery Solutions (HRS) announced the completion of its Series C funding led by LLR Partners.
– HRS’ previous investor, Edison Partners, also participated in the round.
– The capital will support investments in infrastructure, product development, sales and marketing, as well as liquidity for other early investors in HRS.
– HRS supplies healthcare providers and payers with an advanced remote monitoring and telehealth solution aimed at improving patient engagement to reduce hospital readmission and improve clinical outcomes.
– The Company’s disease-specific telehealth solutions are customized with educational videos, care plans and medication reminders, while also integrated with Bluetooth devices for advanced clinical monitoring.
– Today, HRS partners with over 220 leading medical centers spanning 50 states, servicing nearly 235,000 patients across 90 disease conditions.

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Apps Consumer Health Care Health Diagnostics Medical Device mHealth North America

TytoCare Raises Additional $50M in Extended Series D Funding

– TytoCare is a NYC-based healthcare industry’s modular device and telehealth platform for AI-powered, on-demand remote medical examinations.
– The company raised $50M in a Series D extension round.
– The extension round was led by Insight Partners with participation from new growth investors Tiger Global Management and Qumra Capital and existing investors Qualcomm Ventures LLC, Olive Tree Ventures, and Shenzhen Capital Group Company.

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Dental Insurance Loyalty Programs mHealth North America

Beam raises $80 million for AI-driven dental coverage that rewards good hygiene

– Beam Dental, a Columbus, Ohio-based dental benefits provider, today announced it has raised $80 million in an oversubscribed series E round led by Mercato Partners.
– Beam says the funds will be put toward expanding its offering to new markets, product R&D, and onboarding employee benefits brokerages.
– Alex Curry, Alex Frommeyer, and Dan Dykes founded Beam in 2012 to make dental care more affordable.
– Using AI, Beam rewards policyholders who brush and floss more with cheaper rates, reflecting the fact that preventative care reduces the likelihood of expensive dental work and emergency visits down the line.

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Big Data Electronic Health Record (EHR) Health Care mHealth North America

Health Gorilla raises $15 million to build secure APIs for medical records

– Health Gorilla has raised $15m in a series B round co-led by IA Capital and Nationwide.
– The company plans to use the funds to accelerate its expansion into new business verticals, including insurance, life sciences, and government organizations, and to introduce new APIs for medical record access, payer-to-payer data sharing, and data quality assessments.
– In October 2019, the U.S. 21st Century Cures Act came into force. Signed into law in December 2016, the legislation was intended to drive innovation by requiring that patients be provided access to their information.
– But opening up electronic health records doesn’t make the data within them standardized. Some experts estimate that as many as half of records are mismatched when data is transferred between health care systems.

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Biotechnology mHealth North America Software Therapeutics

Pear Therapeutics Announces Second Closing of Series D Financing

– Pear Therapeutics, Inc. announced the second closing of its Series D financing.
– The second closing included a leading national Integrated Delivery Network (IDN) as a new strategic investor.
– The national IDN is investing $20 million, bringing the total Series D investment to $100 million.
– Pear is using its Series D financing to accelerate reimbursement coverage for its three FDA-authorized products, creating the first market access pathway in the PDT industry.
– PDTs are a new therapeutic class that uses software to directly treat disease through a patient’s mobile device when and where they need it most.
– Pear’s goal is to increase access to PDTs by adding them to standard formularies.

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Fitness Health Care mHealth North America Therapeutics Wellness

Pattern Health Secures $1.5 Million in New Funding to Further Develop Platform, Integrations, and Growth Efforts

– Pattern Health has received $1.5m in new funding from investors Cofounders Capital and The Launch Place.
– The new capital will be invested in platform and product development, expanded integrations and interoperability, and in sales and marketing efforts designed to meet the increasing demand for digital health programs and support growth.
– The company anticipates making several new hires this year in various positions across the company.
– This funding comes at an important time as more and more academic medical centers, research organizations, and commercial healthcare companies are relying on Pattern Health’s solutions to research and develop new and novel digital health programs.
– Pattern Health’s no-code platform enables researchers and clinicians to create and deploy condition-specific digital health programs quickly and economically, collect data more rapidly, generate evidence, and when appropriate, translate programs into real-world, highly scalable solutions.

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Health Care Medical mHealth Mobile Apps North America

Zocdoc Announces $150 Million in Growth Financing from Francisco Partners

– Zocdoc announced $150m in growth financing from Francisco Partners.
– This follows a momentous year for the company, characterized by a successful transition to a profitable variable revenue model which has led to accelerating growth.
– Zocdoc grew revenue by more than 35% year-over-year before the pandemic, and had year-over-year growth in 2020 despite COVID-19’s disruption.
– The company will use the capital to further propel its rapid growth, deepening its investments in sales and marketing, and expanding the products available through its platform.
– Zocdoc has long been the leader in online scheduling for in-person doctors’ appointments. However, as the pandemic dramatically accelerated the adoption of telehealth, Zocdoc rapidly adapted its marketplace.

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