Analyst Notes – Health

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – CONSUMER HEALTH -TECH

Bright Health, an internet-first health insurance provider, has raised $80M Series A round, led by Bessemer Venture Partners, NEA, and Flare Capital Partners. Link
Rythm, a wearable device for enhancing cognitive performance, has raised $4M in a round led by Laurent Alexandre and Xavier Niel. Link
HealthJoy, a telemedicine, medical concierge service and health plans provider, has raised $3M in a round led by GoHealth and other angel investors. Link
Dario, a cloud-based mobile diabetes management platform, has launched the device in the US, Dario secured its FDA 510(k) clearance in December. Link
Honor, a home care focused digital health startup has landed a partnership with the American Cancer Society to license it’s proprietary care guidance. Link
Nestle to use Medisafe app to track adherence to nutritional drink. Link
Independence Blue Cross to offer members MDLive also reimburses remote visits with their own PCPs. Link

SOME INTERESTING STARTUPS FOUND

Thrive (2015, San Diego, $500k) – A baby bottle that will track how much milk a baby drinks from birth to between 60 and 90 days and send data to a companion app. Evaluates, measures, tracks, and records the feeding performance of the baby. The report is sent on a connected mobile app.
SafeMeds (2015, Hyderabad) – Platform for authenticating the medicines purchased at the pharmacy. The medicines purchased in the pharmacy are authenticated and notified to the customer.

LEADER BOARD – CONSUMER HEALTH -TECH

DOCTORS
Telemedicine
TelaDoc (2002, Dallas, IPO) – Telemedicine provider offering web and mobile based video consultations. IPO June 2015.
AmericanWell (2006, Boston, $123M) – Telehealth platform that connects users with doctors over the video feed. Backed by Inventures Alliance Management Company.

Homecare
Pager (2014, NYC, $24M) – Mobile app for on-demand doctor house call. Backed by NEA, Summation Health Ventures, Goodwater Capital, Montage Ventures, Lux capital.
Heal (2014, LA, $10M) – Mobile app for on-demand home visits for a family doctor. Backed by Slow Ventures, Pritzker Group, March CP.

Appointment booking
Guahao (2010, Hangzhou, $536M) – Online platform for appointment booking with doctors and ahealthcare information portal. Backed by Tencent, GS, HillHouse Capital, Fosun, CBD Capital, Morningside Ventures, Qiming Venture Partners, and Henderson Shandong Tiyanye Co.
ZocDoc (2007, NYC, $225M) – An online platform which helps users to find a nearby healthpractitioner and instantly book an appointment online. Also provides scheduling software to providers. Backed by Atomico, Founders Fund, Baillie Gifford, GS, Khosla Ventures, DST Global Solutions, SV Angel.

DIAGNOSTICS
DxLabs
Theranos (2003, Palo Alto, $492M) – Blood testing solution which claims to provide fast and high-quality tests at 1/1,000 sample size of the typical blood draw, directly marketed to consumers. Backed by ATA Ventures, DFJ, and Continental Ventures.

Dx Kits
Ancestry (1983, Provo, IPO, Acq.) – Website offering family history information, historical records, and other genealogical information. Enables users to create their family tree and helps them discover, preserve and share their family history.
23andMe (2006, SF, $232M) – A human genome research company enabling customers to study their ancestry, genealogy, and inherited traits. Backed by Google Ventures, MPM Capital, NEA, JJDC and Mohr Davidow Ventures.

Marketplace
MD Save (2012, Brentwood, $15.5M) – Online marketplace providing discovery and appointment booking facility for healthcare services. Backed by MTS Health Investors.
WellnessFX (2010, SF, $6M) – An online platform which allows users to search for diagnostic tests, book appointments and do transactions online. Users provide samples offline and get reports online. Also provides training to monitor personal health. Backed by Javelin Ventures, Floodgate, Voyager Capital, and HealthTech Capital.

HEALTH INSURANCE
Internet-first Insurance providers
Oscar Health (2012, New York City, $727.5M) – An internet first health insurance provider that uses digital healthcare solutions to keep its members healthy. Backed by Thrive Capital, Founders Fund, General Catalyst, Khosla Venters, Red Swan, BoxGroup, Goldman Sachs, Wellington, Google Capital, Lakestar, and Fidelity International.

Aggregator
GoHealth Insurance (2001, Chicago, $50M) – Online price comparison and shopping portal forhealth insurance. Backed by NEP.
Gravie (2013, Minneapolis, $26M) – Online health insurance marketplace for consumers to choose and buy insurance, pay for it and manage all healthcare expenses at one place. Backed by Aberdare ventures, Split Rock Partners, and Firstmark Capital.

PHARMACY
7LK (2011, Guangzhou, $148M) – Online retailer of non-prescription drugs and healthsupplements such as pharmaceuticals, medical devices, and medical products. Backed by Grandyangtze, TusPark Ventures, and Govtor.
Yiyao (2010, Guangzhou, $72M) – Online drug store that sells over-the-counter medications, traditional Chinese remedies, and a variety of other health products.
PillPack (2013, Cambridge, $63M) – Mobile app-enabled telepharmacy service which periodically sends the required medications to the user. Backed by Accel Partners, Sherpa Ventures, CRV, Menlo VC, Atlas Ventures, Slow ventures, Highline VP, QueensBridge VP, Founder Collective, IDEO, and Techstarts.

CAREGIVERS
Marketplace
Care.com (2006, Waltham, IPO) – Online marketplace connecting families requiring babysitters and nannies (for children, senior adults or disabled), pet care, housekeeping with caregivers.
HomeHero (2013, Santa Monica, $23M) – Web-based marketplace, which helps families find, hire and manage in-home care for seniors. Backed by Tencent, Social Capital, Graham Holdings, and Science.

Own-Fleet
HomeTeam (2013, Manhattan, $43.5M) – An online platform which allows people expert caregiver matching and a care team to promote healthy & active days. Backed by Kaiser Permanente Ventures, Oak HC/FT, Lux Capital, AI Ventures, and Recruit Strategic Partners.
Honor (2014, SF, $20M) – The web and mobile-based platform that allows users to find and book caregiver for elderly people. Backed by Andreessen Horowitz, RockHealth, Homebrew, True Ventures, and Kapor Capital.

MEDICAL TOURISM FACILITATOR
Medigo (2013, Berlin, $12M) – An online marketplace that facilitates searching, booking and arranging medical travel. Backed by Atlantic Labs, and Accel.

CLINICAL TRIAL ENROLLMENT
CureForward (2014, Cambridge, $19M) – Online clinical trial enrollment platform and DNA mapping from partnered labs. Backed by Apple Tree Partners.
TrialReach (2009, Richmond, $17M) – Search engine for clinical trials which helps patients to explore, understand and access clinical trials. Backed by Octopus Ventures, Amadeus Capital, and Smedvig Capital.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Consumer HealthTech feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

Pieces Tech, a population health technology company offering a platform to identify and prevent adverse events, raised a $21.6M Series A funding round led by Pacific Advantage Capital and Jump Capital. Link
Arterys, a medical imaging company that offers a machine learning based diagnostic software, added an additional $5M in a round led by Emergent Medical Partners to bring Series A raise to $12M. Link
NarrativeDx, a company offering a cloud-based patient experience management platform using Natural Language Processing, raised $1.1M from Dreamit Health and Live Oak Venture Partners. Link
StartUp Health, a health entrepreneurship development company, announces that Healthcare Analytics is the highest funded sector under Digital Health for Q1 2016. Link

SOME INTERESTING STARTUPS FOUND

Able Health (2015, SF) – Offers a cloud-based pay-for-performance and risk adjustment platform that uses analytics to improve quality and automate reports.
HealthReveal (2015, NYC) – Offers a cloud-based solution that uses advanced analytics and bio-monitoring to detect and preempt the advance of chronic diseases.

LEADER BOARD – HEALTHCARE ANALYTICS

Suite Solutions
Inovalon (1998, Bowie, IPO) – Cloud-based analytics platform for clinical, financial and quality insights. Went public in 2015.
Evolent Health (2011, Arlington, IPO) – An integrated platform for population health, financial and operational analytics. Went public in 2015.
Flatiron Health (2012, NYC, $314M) – Cloud-based Cancer care platform for clinical, financial and operational intelligence. Backed by Google Ventures, Roche, First Round Capital, Social Capital, SV Angels and more.
Health Catalyst (2008, Salt Lake City, $237M) – A suite of health analytics and data management solutions to help identify care gaps and support process improvement. Backed by Sequoia Capital, Norwest Venture Partners, Sands Capital Ventures, Sorenson Capital and more.

Clinical Analytics
Privia Health (2007, Arlington, $419M) – Cloud-based platform offering population healthmanagement and value-based care solutions. Backed by Goldman Sachs and Health Enterprise Partners.
Imaging Advantage (2007, Santa Monica, $295M) – Cloud-based clinical decision support tool for radiologists. Backed by Goldman Sachs, Brightwood Capital Advisors and CRG.
Heart Flow (2007, Redwood City, $163M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Lumeris (2001, Maryland Heights, $141M) – Population health management solutions forhealthcare organizations to facilitate transition to a value-based care model. Subsidiary of Essence Group Holdings Corporation. Backed by BlueCross BlueShield Venture Partners, Camden Partners, Kleiner Perkins Caufield & Byers and Sandbox industries.

Financial Analytics
MediGain (2002, Plano, $40M) – Analytics tools for revenue cycle management, billing and reimbursement. Backed by Prudential Capital Partners.
Truveris (2009, NYC, $27M) – SaaS-based platform for prescription claims analytics and pharmacy data validation. Backed by New Leaf Venture Partners,Tribeca Venture Partners, First Round, New Atlantic Ventures and more.
Aver (2010, Columbus, $24M) – Analytics platform for bundled payment solutions. Backed by GE Ventures, Cardinal Health, Heritage Group, Drive Capital and more.
Recondo (2006, Greenwood Village, $20M) – Cloud-based tool for electronic claims management and revenue cycle forecasting. Backed by Bregal Sagemount.

Operational Analytics
eVariant (2008, Farmington, $68.5M) – CRM analytics platform for digital marketing and patient engagement. Backed by Goldman Sachs, Lightspeed Venture Partners, Health Enterprise Partners, Dignity Health and Salesforce Ventures.
Kyruus (2010, Boston, $56M) – Referral management solutions using analytics and data mining. Backed by Venrock, Mckesson Ventures, New Leaf Venture Partners, Highland Capital Partners and more.
Aptus Health (2008, Massachusetts, $17M, Acq.) – Digital marketing for healthcare and life science companies. Backed by Merck Global Health Innovation. Acquired by Merck in 2013.
Health Market Science (1999, King of Prussia, $16M, Acq.) – Big data analytics to helphealthcare organizations reduce operational costs and maximize market opportunities. Acquired by LexisNexis in 2015. Backed by Edison Partners and Cross Atlantic Capital Partners.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Healthcare Analytics feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – FITNESS AND WELLNESS

eGym, a connected gym equipment company raised $45M in Series-C funding round led by HPE Growth Capital with participation from existing investor Highland Europe. Link
LifeBeam, a headgear manufacturer to monitor health, fitness and physiological data, raised $16M in Series-A funding round led by Squarepeg Capital. Link
Rhythm, a headband for sleep tracking, raised $4M funding from Laurent Alexandre and Xavier Niel. Link
Naked Labs unveiled its fitness-focused body scanning mirror, called Naked 3D fitness tracker which is available for preorder at just under $500. Link
Adidas, Interactive Health Technologies launched heart rate tracking watch for kids’ gym classes. Link
Fitbit sells 1 million of each of Fitbit Blaze and Fitbit Alta, in their first month. Link
Fossil launched Q-Motion, a sleep and activity tracking wristwear for $95. Link

SOME INTERESTING STARTUPS FOUND

Shape Scale (2015, Mountain View) – Smart scale generating body shape in 3D to track body stats like muscle gain, fat loss etc. Shape Scale has an online dashboard and mobile app through which users have full overview on their body stats.

LEADER BOARD – FITNESS AND WELLNESS

Personal Fitness Management- Wearables
Fitbit (2007, SF, IPO) – Wireless wearable fitness tracker to track a person’s daily activities. Went public in 2015.
Jawbone (1999, SF, $623M) – Fitness wristband with algorithm for tracking daily activities. Backed by KPCB, Andreessen Horowitz, Khosla Ventures, Sequoia Capital and more.
Misfit (2011, Redwood City, $63M, Acq.) – Develops wearable products to track daily activities. Backed by GGV Capital, Founders Fund, Khosla Ventures and more. Acquired by Fossil in 2015.

Personal Fitness Management- Devices
Peloton Cycle (2012, NYC, $119M) – Cloud-based live streaming of instructional cycling exercise content with social elements. Backed by Tiger Global, True Ventures and Grace Beauty Capital.

Personal Fitness Management- Apps
MapMyFitness (2007, Austin, $24M, Acq.) – App-based tracking of workouts like running, cycling, walking etc. Backed by Austin Ventures and Milestone Venture Partners. Acquired by UnderArmour in 2013.
MyFitnessPal (2005, SF, $18M, Acq.) – Mobile app to track calorie intake & exercises. Backed by KPCB and Accel. Acquired by UnderArmour in 2015.

Coaching- Fitness Centres
ClassPass (2013, NYC, $84M) – Monthly membership for fitness classes across multiple gyms and studios. Backed by General Catalysts Partners and Google Ventures.
Quancheng Relian (2014, Beijing, $17M) – Mobile app for booking gyms and fitness centers with subscription passes. Backed by Matrix Partners and Legend Capital China.

Coaching- Coaches
Fitmob (2013, SF, $15M, Acq.) – Online marketplace for finding and booking workouts with trainers. Backed by Arena Ventures, Mayfield Fund, Marc Bell Ventures and more. Acquired by Classpass in 2015.
CoachUp (2011, Boston, $9M) – Online marketplace that connects athletes with private coaches. Backed by General Catalyst Partners, Point Judith Capital and Breakaway Innovation Group.

Coaching- Online Training
SportQ (2010, Shanghai, $10M) – App-based platform for fitness enthusiasts to consult professional coaches online. Backed by SIG China and SmallVille Capital.
B (2013, SF, $4M, Acq.) – Mobile app for personalised weightloss and nutrition coaching. Backed by Floodgate, Google Ventures, Greylock Partners and more.

Personal Wellness
SleepNumber (1987, Minneapolis, IPO) – Sleep monitoring through hidden sensors inside the bed. Went public in 1998.
Lumosity (2005, SF, $67.5M) – Web & Mobile games for brain training. Backed by First Mark Capital, Menlo Ventures, Norwest Venture Partners and more.

Social
Strava (2009, SF, $35M) – Online social network for users to compare and compete with each other. Backed by Sequoia Capital, Madrone Capital Partners and Sigma Partners.
JoyRun (2014, Guangzhou, $18M) – Social networking app for jogging. Backed by The Arena Capital, Innovation Works and more.

Tools for Coaches
Netpulse (2009, SF, $39M) – Saas platform for fitness clubs. Backed by Nokia Growth Partners, Javelin Venture Partners, Draper Frontier and more.

Information Portals
HealthiNation (2005, NYC, $12M) – Provider of health & wellness content through videos. Backed by Intel Capital.

Tech Enablers
Azumio (2011, Palo Alto, $3.4M) – Developer of mobile applications for healthcare. Backed by Founders Fund, Accel and Felicis Ventures.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Fitness and Wellness feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

Acutus Medical, developing technologies for the electrophysiology market, raises $75M in a Series C round led by Deerfield Management, Xeraya Capital and Advent Life Sciences. Link
ImpediMed, a developer of bioimpedance spectroscopy technologies, raises $75M in an unattributed round. Link
Proteus Digital Health, a developer of medical adherence monitoring system, raises $50M in an unattributed round. Link
Quanterix, developing platform technology for single molecule analysis, raises $46M in a Series D round led by ARCH Overage Fund, Cormorant Asset Management and Trinitas Capital. Link
RefleXion Medical, developing biology-guided radiotherapy system for cancer treatment, raises $46M in a Series B round led by KCK Group. Link
Livongo Health, a developer of cloud connected glucose meter, raises $44.5M in a Series C round led by Merck Global Health Innovation Fund and Cowen Private Investments. Link
G-Therapeutics, a developer implantable neurostimulation system (INS), raises €26M in a Series B round led by Gimv, Wellington Partners, LSP and Inkef Capital. Link
Gauss Surgical, a developer of blood loss monitoring platform, raises $12.6M in a Series B round led by Providence Ventures. Link
iSTAR Medical, a developer of ophthalmic implants from biomaterials, raises €10M in a Series B round led by Capricorn Venture Partners and Walloon Region Investment Fund. Link
Fire1, a stealth mode spinout from medical device incubator The Foundry, raises $7.5M in a Series B round led by Medtronic. Link
Touch Bionics, a developer of upper limb prosthetic solutions, was acquired by Össur, for $39 M on a debt and cash free basis. Link
Transcatheter Technologies, a developer of implantable devices for heart valve repair and replacement, was acquired by Venus Medtech for an undisclosed amount. Link

SOME INTERESTING STARTUPS FOUND

MedicSen (2015, Madrid) – Developing an artificial pancreas system.

LEADER BOARD – MEDICAL DEVICES

THERAPEUTICS
Cardiovascular
TriVascular (1998, Santa Rosa, IPO) – Medical devices for endovascular aortic repair. Went public in 2014.
JenaValve (2006, Munich, $144M) – Transcatheter stents and delivery systems for transapical and transfemoral delivery. Backed by Atlas Venture, Edmond de Rothschild, NeoMed, Sunstone Capital, Gimv, Legend Capital, Omega Funds and Valiance.

Ophthalmology
TearScience (2005, Morrisville, $131M) – Diagnosis and Treatment of Evaporative Dry Eye. Backed by Spray Venture Partners, Essex Woodlands Health Ventures, eneralcatalyst.com, HealthCare Royalty Partners, Investor Growth Capital, DeNovo Ventures and Quaker BioVentures.
Avedro (2007, Waltham, $130M) – Corneal cross-linking technology. Backed by Interwest, OrbiMed Advisors, Prism Venture Management, DeNovo Ventures, Flagship Ventures, Aperture Venture Partners, SCP Vitalife Partners, Borealis Ventures, Abingworth, Third Point, and Prism Venture.

DIAGNOSTICS
Platform Technologies
Butterfly Network (2011, Guilford, $100M) – Medical imaging devices using a combination of deep learning and an ultrasonicdevice. Backed by Aeris Capital.
NinePoint Medical (2008, Bedford, $98M) – Optical coherence tomography based imaging system to perform volumetric laser endomicroscopy. Backed by Third Rock Ventures and Prospect Venture Partners.

Oncology
Impedimed (1999, Carlsbad, $88M) – Bioimpedance Spectroscopy technologies. Backed by Versant Venture Management, Starfish Ventures.
Veran Medical (2005, St.Louis, $66M) – Soft tissue navigation for diagnosis of lung cancer. Backed by Prolog Ventures, Versant Ventures, River Cities Capital Funds, Advantage Capital Partners, Rex Health Ventures, 3G Capital Partners and Vectis.

Infectious Disease
Accelerate Diagnostics (2004, Tucson, IPO) – In vitro diagnostics to provide solutions for the antibiotic resistant infections. Went public in 2013.
Atlas Genetics (2005, Bristol, $76M) – Platform for point-of-care testing for STDs to test for Hospital Acquired Infections. Backed by Novartis, Life Sciences Partners, BB Biotech Ventures, J&J Development Corporation, Consort Medical, YFM Private Equity, Rusnano MedInvest and Novartis Venture Fund.

MONITORING
Diabetes
Senseonics (1996, Germantown, $124M) – Implantable system for continuous glucose monitoring. Backed by NEA, HealthCare Ventures, Rho Capital Partners, Anthem Capital Management, Delphi Ventures and Greenspring Associates.
Intuity Medical (2002, SF, $120M) – Integrated all-in-one blood glucose monitoring system. Backed by Accuitive MedicalVentures, Emergent Medical Partners, Investor Growth Capital, U.S. Venture Partners, Venrock and Versant Ventures.

Cardiovascular
CardioMEMS (2001, Atlanta, $153M, Acq.) – Wireless sensor-based implants for cardiac monitoring. Acquired by St. Jude Medical in 2014.
iRhythm Technologies (2006, San Francisco, $96M) – Cardiac rhythm monitoring devices. Backed by Mohr Davidow Ventures, Synergy Life Science Partner, Novo A/S, Norwest Venture Partners, California HealthCare Foundation, Stanford University, Kaiser Permanente Ventures, New Leaf Venture Partners.

Vital Signs
Sotera Wireless (2004, San Diego, $68M) – In hospital patient monitoring device. Backed by Sanderling Ventures, Qualcomm Ventures, Intel Capital, EDB Investments, Safeguard, Delphi Ventures, Cerner Capital, West Health and Sanderling.
MC10 (2008, Cambridge, $61M) – Miniaturized embedded sensors for monitoring vital signs. Backed by North Bridge Venture Partners, BEV Capital, Osage University Partners, Terawatt Ventures, Medtronic, Braemar Energy Ventures, Aberdare Ventures and Windham Venture Partners.

PLATFORM TECHNOLOGIES
Mannkind Corporation (1991, LA, IPO) – Biopharma company focusing on the discovery, development, and commercialization of therapeutic products for diseases such as diabetes and cancer. Went public in 2004.
Intarcia Therapeutics (1997, Boston, $831M) – Osmotic pump for subcutaneous drug delivery. Backed by New Leaf Venture Partners, Venrock, New Enterprise Associates, RA Capital Management, Farallon Capital Management, Foresite Capital, Fred Alger Management, Quilvest Ventures, Alta Partners, GGV Capital, New Leaf Ventures, Quilvest and Omega Funds.

MEDICATION MANAGEMENT
Proteus Digital Health (2001, Redwood City, $404M) – Medical adherence monitoring system. Backed by Silicon Valley Bank, Oxford Finance Corporation, Asset Management Ventures, Oracle Corporation and Novartis.

CLINICAL EQUIPMENT
TransMedics (1998, Andover, $200M) – Organ transplantation technology. Backed by Excel VM, Tudor Funds, Flagship Ventures, Kleiner Perkins, Foundation Capital, Sherbrooke Partners LLC, Alta Partners, VantagePoint Capital Partners, i Group plc.
Inogen (2001, Goleta, $52M) – Portable Oxygen Concentrator for Oxygen Therapy. Backed by Versant Venture Management, Novo A/S, Avalon Ventures, Arboretum Ventures, Novo, Accuitive Medical Ventures.

SUPPORT SYSTEMS
Ekso Bionics (2005, Richmond, IPO) – Bionic exoskeleton for people with paralysis. Went public in 2014.
BionX Medical (2007, Bedford, $75M) – Prosthetic device to aid movement of lower-limb amputees. Backed by Sigma Partners, General Catalyst, WFD Ventures and Gilde Healthcare.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Medical Devices feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE IT

Proteus Digital Health, an IoT-based medication adherence platform raised a funding of $50M in series H. Link
Livongo Health, a Cloud-connected glucose meter to manage diabetes raised a funding of $44.5M in series C with investments from Merck Global Health Innovation Fund, Cowen Private Investments, Sapphire Ventures, Wanxiang America Corp. and Zaffre Investments. Link
Quartet Health, an integrated Population Health Management platform for behavioral and medical health solutions raised a funding of $40M in series B with investments from F-Prime Capital Partners, Oak HC/FT Partners, and Polaris Partners. Link
Wly Cloud, a cloud-based medical imaging storage, and telemedicine service raised a funding of $34.5M in series A backed by Alibaba. Link
OnShift, a suite of products for hiring, scheduling and workforce analysis drives raised funding of $18M in series D with investments from Health Velocity Capital, Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, HLM Venture Partners, North Coast Venture Fund, and West Capital Advisors. Link
Augmedix which uses Google Glass technology to help reduce the time the physicians spend on documentation raised $17 million in strategic investments from Sutter Health, Dignity Health, Catholic Health Initiatives, TriHealth Inc, Redmile, Emergence Capital and DCM Ventures. Link
CrossChx, a secure patient registration solutions for healthcare providers raised funding of $15M in series C with investments from Silicon Valley Bank, Khosla Ventures, Drive Capital, NCT Ventures and Moonshots Capital. Link
Practice Unite, a customized mobile communication for improving workflow efficiency merged with Uniphy a healthcare communication platform. Link
Doctor.com, a reputation management firm for hospitals & healthcare providers acquired Referbright, a digital marketing company for hospitals. Link
Allscripts, a company providing a suite of healthcare software acquired Netsmart Technologies, a company providing a suite of software for behavioral health clinics. Link
Light Beam, an end to end provider of Population Health Management Software acquired Browsersoft a Health Information Exchange solution. Link
RealyHealth, a Care Coordination and Health Information Exchange software provider won a $139M contract with Department of Justice, USA. Link
Epic, a company which provides a suite of healthcare solutions won a suit of $940M in damages in ints trade secrets lawsuit against TCS. Link
Fire1, a stealth mode spinout from medical device incubator The Foundry, raises $7.5M in a Series B round led by Medtronic. Link
Touch Bionics, a developer of upper limb prosthetic solutions, was acquired by Össur, for $39 M on a debt and cash free basis. Link
Transcatheter Technologies, a developer of implantable devices for heart valve repair and replacement, was acquired by Venus Medtech for an undisclosed amount. Link

SOME INTERESTING STARTUPS FOUND

Able Health (2015, SF) – Offers a cloud-based pay-for-performance and risk adjustment platform that uses analytics to improve quality and automate reports.
BeingHappy (2015, SF) – Offers an app for measuring and tracking happiness.
Simplifeye (2015, California) – Offers a SaaS product that helps doctors to be more efficient using wearables like the Apple Watch and providing the right information at the right time.
Prescient Healthcare (2015, Virginia) – A healthcare analytics company that creates predictive models with alerts and triggers which can be used in an acute care hospital to improve patient outcome.

LEADER BOARD – HEALTHCARE IT

VALUE BASED CARE
Evolent Health (2011, Virginia, IPO) – Provides healthcare technologies and services that improve clinical, operational and business outcomes. The company’s services include providing customers with a population. Went public in 2015.
Privia Health (2007, Virginia, $419M) – Builds and enables physician groups and clinically integrated provider networks using technology, team-based care, and wellness programs to help doctors to manage the health of their populations. Backed by Goldman Sachs, Pamplona Funds, Cardinal Partners, Brighton Health, Health Enterprise Partners and Morgan Noble.
Alignment Healthcare (2011, New Jersey, $125M) – Provides a framework for population health transformation by combining an advanced clinical model, IT and enablement platform, risk experience, and capital. Backed by General Atlantic.

Population Health Management
Proteus Digital Health (2001, California, $404M) – Digital medicine platform includes unique measurement tools like sensor enabled pills, a biometric sensor patch worn on the body that receives data from sensors and sends it to the cloud, from where it can be analyzed using a smartphone app by doctors and caregivers. Backed by Novartis, Medtronic, Oracle, KP Ventures.
Lumeris (2001, Maryland Heights, $141M) – Population health management solutions for healthcare organizations to facilitate the transition to a value-based care model. Subsidiary of Essence Group Holdings Corporation. Backed by BlueCross BlueShield Venture Partners, Camden Partners, Kleiner Perkins Caufield & Byers and Sandbox industries.Patient Engagement
Welltok (2009, Denver, $151.5M) – It provides a health optimization platform, CaféWell, is a collection of resources and programs that drive consumer engagement through a novel combination of social, gaming and personalized activities. Backed by Qualcomm Ventures, EMCAP partners, Interwest Partners, Bessemar Venture Capital.
Accolade (2007, Pennsylvania, $112M) – Provides consumer healthcare engagement and influence solution for large self-insured employers and payer organizations. Backed by Mckesson, Carrick Capital Partners, Com Cast Ventures.Care Coordination
Grand Rounds (2011, SF, $106M) – Is technology company which provides healthcare concierge service to the patient. Backed by Greylock partners, Venrock and Harrison Metal.
Remedy Partners (2006, SF, $95M) – Enables healthcare providers in developing and operating patient-centric episodic payment programs. Backed by Bain Capital ventures.Remote Monitoring
LifeWatch (1993, New Jersey, IPO) – It is a maker of a medical device to be are worn on the chest to record heart’s rhythm. The data is continuously collected and analyzed in a dedicated mobile device. Went public in 2006.
iRhythm Tech (2006, SF, $95M) – Its product the Zio Patch is a wearable patch designed to gather beat-to-beat heart data for diagnosis of cardiac arrhythmias. Backed by California Healthcare Foundation, Kaiser Permanente Ventures, Mohr Davidow Ventures, New Leaf Venture Partners, Northwest Venture Partners, and Synergy Life Science Partners.
AirStrip technologies (2003, San Antonio, $65M) – Platform allows clinicians to securely access patient monitoring data such as continuous heart tracings and other waveforms – along with parameters such as BP, temperature, etc from EMRs, bedside monitors, and devices on their laptops and mobiles. Backed by Sequoia Capital, Welltrust Fund,and Qualcomm Ventures.

PROVIDER
Suite Solutions
Epic (1979, Madison) – Develops, implements and supports IT software solutions for healthcare providers.
Cerner (1979, Kansas City, IPO) – End-to-end healthcare information technology solutions and services for the healthcare provider to optimize clinical, financial and operational outcomes.Went public in 1986.EHR Platform
Flatiron (2012, NYC, 314M) – Offers cloud-based EHR platform, Analytics, Billing solutions for oncology practices. Backed by Roche, Google Ventures, First Round, SV Angel and LabCorp.
Practice Fusion (2005, SF, $155M) – Provides a free, web-based Electronic Health Record (EHR) platform to physicians. Backed by Qualcomm, Longitude Capital, Artis Ventures, SV Angels, Band Angels, Orbimed and KPCB.

Practice Management
Guahao (2010, Hangzhou, $536M) – Offers a platform to consumers and doctors, to book and manage appointments. Offers a practice management solutions to healthcare providers. Backed by Tencent, Fosun, Morningside Ventures, Qiming Ventures and Shandong Tyan Home Co.
Practo (2008, Bangalore, $125M) – Offers a web-based platform to patients and doctors. The SaaS-based practice management solution for physicians is called Practo Ray. Backed by Matrix Partners, Sequoia Capital, Tencent, Google Capital and InnoVen Capital.

Home care Management
Homecare Homebase (2001, Dallas, $57M) – Cloud-based tech enabler for Hospice & HomeCare organizations. Backed by SV Life Sciences.
Kinnser Software (2003, Austin, $40M) – Offers web-based software solution for point of care, billing and administration services to home health agencies. Backed by Insight Partners and Georgian Partners.

Clinical Operations Management
Imaging Advantage (2007, Santa Monica, $295M) – Offers RadAdvisor, a cloud-based decision support platform for radiologists that helps in diagnostic decision support. Backed by Goldman Sachs, Brightwood Capital Advisors, and CRG.
HeartFlow (2007, Redwood City, $163M) – Provides cardiovascular diagnostic support using CT scans and high-performance computing to provide physicians with data about blood flow within the coronary arteries. Backed by Capricorn Investment Group and US Venture Partners.

Administrative Solutions
Evariant (2008, Farmington, $69M) – Provides platform for digital marketing solutions. Backed by Lightspeed Venture Partners, Health Enterprise Partners, Enterprise Partners Venture Capital and Goldman Sachs.
hc1.com (2011, Indianapolis, $35M ) – Cloud-based CRM solution. Backed by SCM Specialty Finance Opportunities Fund.

Professional Networks
Doximity (2011, San Mateo, $82M) – Mobile/web networking platform for physicians, medical professionals. Backed by Interwest Partners, Emergence Capital, T. Rowe Price, DFJ Venture, Morgan Stanley and Morgenthaler Private Equity.
Sermo (2000, New York City, $60M) – Social network for physicians. Backed by Kennet Partners and Deerfield Capital Management

HORIZONTAL
McKesson (1833, SF, IPO) – Provides solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. Went public in 1994.
Imprivata (2002, Tennesse, IPO) – Provides secure access and collaboration solutions for enterprises. It strengthens user authentication, streamlines application access and simplifies compliance reporting across multiple computing environments. Went public in 2014.
Health Catalyst (2000, Utah, $237M) – Provides multiple analytical products, services, and applications like population health management, patient injury prevention, operational efficiency, performance monitoring and financial management for healthcare organizations. Backed by Sequoia Capital, Kp Ventures, Epic Venture Capital, Sorenson Capital.

EMPLOYER
Benefits Administration
Castlighthealth (2008, SF, IPO) – Offers healthcare information on providers and pricing for enterprises. Went public in 2014. Went public in 2015.
Collective Health (2013, San Mateo, $119M) – Self-insurance SaaS platform for employers to sponsor their employees. Backed by Google Ventures, Rock Health, Redpoint Ventures, Maverick Capital, New Enterprise Associates, Founders Fund and RRE Ventures.

Employee Fitness & Wellness
Virginpulse (2004, Framingham, $92M) – Provides hub of tools that foster employee engagement and wellness.Backed by Insight Venture Partners and Virgin Group.
Jiff (2009, Palo Alto, $50M ) – Digital health apps platform for employers providing healthcare plans for their employees.Backed by Rosemark Smart Capital, Venrock partners, Aeris Capital, Aberdare Ventures and GE Ventures.

Healthcare Delivery
Imaginehealth (2006, Midvale, $41M) – Provider of customize fleet of Healthcare providers to employers. Backed by HLM Venture Partners and Trident Capital.
Healthiestyou (2010, Scottsdale, $30M) – Teleconsultation service provider for employees. Backed by Frontier Capital

PAYER
Connecture (1997, Brookfield, IPO) – Web-based health plan distribution platform for healthcare payers. Went public in 2014.
NexgenRx (2003, Toronto, IPO) – Web-based claims adjudication and benefits administration for processing prescription drugs, and dental office claims. Went public in 2006.
ikaSystems (1999, Southborough, $152.5M, Acq.) – Software suite for health plans that includes claims submission and authorization, member and provider portals, electronic billing and claims adjudication solutions. Backed by Essex Woodlands Health Ventures. Acquired by Blue Cross Blue Shields in 2015.
HealthEdge (2004, Burlington, $47M) – Suite of software products for the healthcare payer market that includes claims and benefits administration, care management, business intelligence and portal solutions. Backed by Psilos.

PHARMACY
Express Scripts (1986, Missouri, IPO) – Offers SaaS platform of pharmacy benefit management solutions for health plans, providers, and patients. Went public in 1992.
CatamaranRx (1981, Illinois, Acq) – Provides pharmacy benefit management solutions and connect pharmacists, doctors and caregivers with prescription data to improve health outcomes.
Talyst (2012, Washington, $56M) – Pharmacy Management solutions to pharmacies. Backed by OVP Ventures, Align Investments, Ignition Partners.
MedAvail (2012, Ontario, $37M) – It is a healthcare technology company commercializing a self-service kiosk solution, the MedAvail MedCenter, automating the dispensing of prescription drugs and Over-The-Counter medications. Backed by Walgreens, Redmile Group, Adage Capital.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit Healthcare IT feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – DIAGNOSTICS

STAT-Diagnostica raises $28.5M Series C round to launch new point-of-care testing system. Link
Novacyte raises $8.7M to complete acquisition of UK-based PrimerDesign. Link
Avisa Pharma raises a small debt round for its rapid point-of-care TB test. Link
Israeli Biop Medical raises $2.25M Series A for its point-of-care screening device for cervical cancer. Link
Nucleix wins € 50K EU grant for development of epigenetic cancer diagnostics. Link
Qiagen acquires Danish molecular diagnostics company Exiqon for $103.5M. Link
Immunodiagnostic company Avioq acquired by Shandong Oriental Ocean Sci-Tech for $65M. Link
Illumina launches $100M venture fund focused on genomic approaches to improving human health. Link
NantOmics earns CLIA certification and CAP accreditation. Link

SOME INTERESTING STARTUPS FOUND

One Codex (2014, SF, $120K) – Microbial genomics reference platform for clinical diagnostics, with added NGS services. Backed by Y-combinator.
Karius Dx (2014, Menlo Park, Undisclosed) – Stealth startup that appears to have developed a method to detect the presence of cell-free pathogenic DNA in a blood sample. Backed by undisclosed investors.
Breath Diagnostics (2014, Prospect) – Breath-based diagnostics for early detection of cancer.

LEADER BOARD – DIAGNOSTICS

Oncology
Foundation Medicine (2010, Cambridge, $139M, Acq.) – Develops clinical assays for comprehensive genetic profiling for solid tumors and hematological malignancies to tailor personalized treatment regimens for patients. Backed by Google Ventures, KPCB, Third Rock Ventures; Roche owns a majority stake.
Biocartis (2007, Lausanne, IPO) – Develops in vitro molecular diagnostic platforms for multiplexed detection of bio-analytes in tissue samples. Backed by Debiopharm, J&J Development Corporation, Philips, The Wellcome Trust. Went public in 2015.
NantHealth (2007, Culver City, $890M) – Combines molecular medicine and bioinformatics with technology services to enable personalized therapies for cancer and other diseases. Part of billionaire Patrick Soon-Shiong’s NantWorks system. Backed by the Kuwait government, Blackberry, Celgene, AllScripts.
Adaptive Biotechnologies (2008, Seattle, $410M) – Develops high-throughput immunosequencing technologies, first application being for diagnosis of minimal residual disease in blood cancers. Backed by Viking Global, Illumina, Celgene, Lab Corp, Rock Spring Capital.
Guardant Health (2012, Redwood City, $190M) – Develops biopsy-free cancer detection and treatments using digital sequencing technology. Backed by Sequoia, Khosla Ventures, Orbimed, Lightspeed Venture Partners.

Cardiovascular Disease
Acutus Medical (2011, San Diego, $157M) – Develops medical imaging technologies for the electrophysiological market; first product gives an ultrasound-based reconstruction of the heart to diagnose arrhythmias. Backed by Advent Life Sciences, Orbimed, GE Ventures, Xeraya, Deerfield Capital.

Immune Disease
Exagen Diagnostics (2002, Vista, $76M) – Rheumatology specialty company that focuses on the diagnosis and prognosis of autoimmune connective tissue diseases. Backed by Epic venture capital, vSpring Capital, Sun Mountain Capital.

Infectious disease
Oxford Immunotec (2002, Abingdon, IPO) – Proprietary T-SPOT platform that measures immune cell responses at a single cell level to detect infectious diseases such as tuberculosis and CMV even at low pathogen loads. Backed by Dow, Clarus Ventures, New Leaf Venture Partners, Spark Ventures. Went public in 2013.
Accelerate Dx (2004, Tuscon, IPO) – In vitro diagnostics for the diagnosis of drug resistant microbes and hospital acquired infections. Went public in 2013.
Atlas Genetics (2005, Bristol UK, $76M) – Develops the microfluidic-based multiplex point-of-caresystem io™ to detect bacterial STDs and hospital acquired infections. Backed by J&J Development Corporation, Novartis, BB Biotech, Consort Medical, Life Science Venture Partners.

Reproductive Health
Natera (2004, Redwood City, IPO) – Specializes in pre-implantation genetic testing, conception testing and non-invasive prenatal diagnostics. Backed by Claremont Creek Ventures, Sequoia, Orbimed Advisors, Sofinnova Ventures, Lightspeed Venture Partners. Went public in 2015.
Good Start Genetics (2008, Boston, $32M) – Develops genetic tests that screen prospective parents for carrier status for hereditary diseases. Backed by SV Life Science Associates, Safeguard Scientific, Orbimed.

CNS
Avid Radiopharmaceuticals (2005, Philadelphia, $70M, Acq.) – Specializes in molecular imaging agents for diagnosis of chronic diseases. Backed by Bioadvance, RK Ventures, Lilly Ventures, Safeguard Scientific, Pfizer. Acquired by Eli Lilly in 2010 for $800M.

Platform
SuperSonic Imagine (2005, Aix-en-Provence, IPO) – Develops ultrasound imaging platforms, with applications in women health, vascular, hepatology, gastroenterology and general imaging. Backed by NBGI Private Equity, Rothschild, Auriga Partners, Omnes Capital, Alto Invest. Went public in 2014.
Singulex (2003, Alamedia, $87M) – Specializes in single molecule counting technology and biomarker research for diagnostics. Backed by GE Capital, Advantage Capital, Prolog Ventures, Orbimed, Jafco.
Personalis (2011, Menlo Park, $75M) – Use proprietary databases, human reference sequences, and sophisticated algorithms to analyze genome scale information for clinical diagnostics. Backed by Mohr Davidow Ventures, Lightspeed Venture Partners, Abingworth.

Suite
23andMe (2006, Mountain View, $232M) – Provides direct-to-consumer service of gene indexing w.r.t. ancestry, genealogy, and inherited traits. Backed by J&J Development Corporation, NEA, Google Ventures, Illumina, Fidelity Investments, Mohr Davidow, MPM Capital.
Assurex Health (2006, Mason, $92M) – Develops pharmacogenomics platforms for neuropsychiatric disorders. Backed by Mayo Clinic, Claremont Creek, Allos Ventures, Sequoia, GE Capital, jVen Capital.
Pathway Genomics (2008, San Diego, $70M) – Develops genetic tests for cancer risk and drug responses. Backed by KCP Capital, Edelson Tech, Founders Fund, IBM.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Diagnostics and Biotech feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

Intarcia Therapeutics, a developer of osmotic pump for subcutaneous drug delivery, raises $75M in a debt financing round. Link
OrthoAccel Technologies, developing devices for speeding up orthodontic treatments, raises $12M in a Series C round led by S3 Ventures, HealthpointCapital and Piper Jaffray Merchant Banking. Link
Lumicell Diagnostics, developing intraoperative imaging system to detect cancer margins, raises $6.77M in an unattributed round. Link
Providence Medical Technology, a developer of instruments and implants for cervical spine surgery, raises $2.85M in an unattributed round. Link
Vital Vio, a developer of LED lighting solutions for disinfection, raises $2.25M in an unattributed round led by Eastern NY Angels and SOSV. Link
Clear Guide Medical, a developer of image guidance systems for ultrasound-based interventions, raises $1.5M in a Series A round led by Wildermuth Advisory. Link
Spinal Simplicity, developing minimally invasive spinal technologies, raises an Undisclosed amount in a PE round led by Nueterra Capital. Link
Cayenne Medical, a developer of soft tissue reconstruction solutions for the knee, shoulder, and extremities, was acquired by Zimmer Biomet Holdings for an undisclosed amount. Link
NeuWave Medical, a developer of soft-tissue microwave ablation system, was acquired by Johnson & Johnson’s subsidiary Ethicon for an undisclosed amount. Link
Boston Scientific gets FDA approval for pacemakers designed to safely undergo MR scans. Link

SOME INTERESTING STARTUPS FOUND

Innovein (2015, SF) – Developing a prosthetic valve for the veins.

LEADER BOARD – MEDICAL DEVICES

Orthopedics
ConforMIS (2004, Bedford, IPO) – Personalized, partial knee resurfacing implants to treat knee osteoarthritis. Went public in 2015.
Small Bone Innovations (2009, Morrisville, $171M) – Suite of orthopedic products for small bones and joints. Backed by Trevi Health Ventures, Goldman Sachs, Malaysian Life Sciences Capital Fund, NGN Capital, Viscogliosi Brothers, Axiom Ventures, Khazanah Nasional Berhad, 3i Group.

Surgery
Auris Surgical Robots (2009, San Carlos, $184M) – Robotic microsurgical systems for ophthalmic surgery. Backed by NaviMed Capital, Lux Capital, Mithril Capital Management and Highland Capital Partners.
Medrobotics (2011, Raynham, $140M) – Robotic surgical devices for minimally invasive surgery. Backed by Hercules Technology Growth Capital and Pittsburgh Life Sciences Greenhouse.

Cardiovascular
CardioMEMS (2001, Atlanta, $153M, Acq.) – Wireless sensor-based implants for cardiac monitoring. Acquired by St. Jude Medical in 2014.
iRhythm Technologies (2006, SF, $95M) – Cardiac rhythm monitoring devices. Backed by Mohr Davidow Ventures, Synergy Life Science Partner, Novo A/S, Norwest Venture Partners, California HealthCare Foundation, Stanford University, Kaiser Permanente Ventures, New Leaf Venture Partners.

PLATFORM TECHNOLOGIES
Mannkind Corporation (1991, LA, IPO) – Biopharma company focusing on the discovery, development, and commercialization of therapeutic products for diseases such as diabetes and cancer. Went public in 2004.
Intarcia Therapeutics (1997, Boston, $886M) – Osmotic pump for subcutaneous drug delivery. Backed by New Leaf Venture Partners, Venrock, New Enterprise Associates, RA Capital Management, Farallon Capital Management, Foresite Capital, Fred Alger Management, Quilvest Ventures, Alta Partners, GGV Capital, New Leaf Ventures, Quilvest and Omega Funds.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Medical Devices feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

Proteus Digital Health, an IoT-based medication adherence platform raised a funding of $50M in series H. Link
HealthVerity, a provider of patient intelligence tools for discovering insights from patient data, has secured $7.1M in Series A financing led by Flare Capital Partners and Greycroft Partners. Link
Healthcare Interactive, an employee health management platform, has raised additional funding of $3.4M in a round led by Maryland Venture Fund to bring its Series A funding total to $11.8M. Link
Innovu, a provider of employer decision support platform for designing employee health benefit plans,has raised $3M. Link
WiserTogether, a provider of consumer engagement and treatment decision support tools, raised $2.48M according to SEC filings. Link
BioBeats, an employee engagement platform that uses machine learning and data from wearables to design coaching programmes, has raised $2.28M in a round led by White Cloud Capital. Link
Evariant, a provider of healthcare focused CRM platform, raised additional funding from Mckesson Ventures and Salesforce Ventures, as part of its Series C financing round. Link
Jvion, a provider of machine learning enabled analytics solution for predicting patient illnesses, has announced the completion of a growth round of funding led by Eastside Partners. Link

SOME INTERESTING STARTUPS FOUND

DiaScan (2015, Suwanee) – Offers a machine learning based platform to analyze CT scans for lung cancer.
EnsoData (2015, Madison) – Offers a decision support platform for sleep clinics that uses machine learning algorithms to identify respiratory and neural patterns relevant to sleep apnea.

LEADER BOARD – HEALTHCARE ANALYTICS

Clinical Analytics
Privia Health (2007, Arlington, $404M) – Cloud-based platform offering population healthmanagement and value-based care solutions. Backed by Goldman Sachs and Health Enterprise Partners.
Imaging Advantage (2007, Santa Monica, $295M) – Cloud-based clinical decision support tool for radiologists. Backed by Goldman Sachs, Brightwood Capital Advisors and CRG.
Heart Flow (2007, Redwood City, $163M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Welltok (2009, Denver, $151.5M) – PaaS based analytics platform for health optimization and population health management. Backed by Qualcomm Ventures, EMCAP partners, Interwest Partners, Bessemar Venture Capital.

Financial Analytics
MediGain (2002, Plano, $40M) – Analytics tools for revenue cycle management, billing and reimbursement. Backed by Prudential Capital Partners.
Truveris (2009, NYC, $27M) – SaaS-based platform for prescription claims analytics and pharmacy data validation. Backed by New Leaf Venture Partners,Tribeca Venture Partners, First Round, New Atlantic Ventures and more.
LaunchPoint (2008, Rolling Meadows, $26M) – Cloud-based healthcare analytics platform for payment integrity solutions. Backed by Carrick Capital Partners.
Apixio (2009, San Mateo, $23M) – Cognitive computing platform for risk adjustment coding. Backed by Bain Capital Ventures.
Recondo (2006, Greenwood Village, $20M) – Cloud-based tool for electronic claims management and revenue cycle forecasting. Backed by Bregal Sagemount.

Operational Analytics
eVariant (2008, Farmington, $68.5M) – CRM analytics platform for digital marketing and patient engagement. Backed by Goldman Sachs, Lightspeed Venture Partners, Health Enterprise Partners, Dignity Health and Salesforce Ventures.
Kyruus (2010, Boston, $56M) – Referral management solutions using analytics and data mining. Backed by Venrock, Mckesson Ventures, New Leaf Venture Partners, Highland Capital Partners and more.
OnShift (2008, Cleveland, $30M) – SaaS based staff scheduling software that predicts and prevents overtime and under-staffing. Backed by Health Velocity Capital, HLM Venture Partners, Draper Triangle, West Capital Advisors and more.
Binary Fountain (2003, Mclean, $22M) – Cloud-based platform for analyzing patient feedback from social media, surveys and online sites. Backed by HLM Venture Partners, Pioneer Venture Partners and Providence Health & Services.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Healthcare Analytics feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – CONSUMER HEALTH -TECH

Livongo Health, a cloud-connected glucose meter, and an online coaching program to manage diabetes, has raised $44.5M in Series C round, led by Merck Global Health Innovation Fund, Cowen Private Investments, Sapphire Ventures, Zaffre Investments, and Wanxiang America Corporation. Link
Livongo Health has also raised a strategic investment worth of $5M from Humana to support the company’s growth. Link
1mg, O2O delivering prescription and OTC and marketplace for booking diagnostic test, has raised $16M in a round led by Maverick Capital Ventures, with participation from Sequoia India and Omidyar Network. Link
Naya Health, a smart breast pump that tracks mother’s milk production pattern and parenting app, has raised $4 million in seed funding from Tandem Capital, S-Cubed Capital, NewGen Partners, Astia Angels, and Stanford’s StartX. Link
DocsApp, a medical consultation app, raised $1.2m in seed round led by Rebright Partners, and angel investors Anand Rajaraman and Venky Harinarayan. Link
Parasail Health, an online lending platform for patients to finance the cost of their deductibles and other out-of-pocket medical expenses, closed a seed funding round of undisclosed amount. Link
Heritage Group has closed its second innovation fund with 15 healthcare organizations as limited partners. Link
Zocdoc, an online appointment booking portal with doctors for patients, is connecting its online scheduling platform with Epic via API. Link
Health Tap, a tech-enabled Q&A and video consultation platform for patients and doctors, creates chat bot for Facebook’s Messenger app. Link
Amino, an appointment booking service that uses claims data to help consumers choose a doctor, has got access to Medicare claims data and has been certified by the Centers for Medicare and Medicaid Services to create new healthcare quality measures focused on the healthcare consumer experience. Link
Beam Technologies, a connected toothbrush company, has launched SmartPremiums, its dental insurance plan, in California. Link
Akili Interactive Labs will soon launch a clinical trial to evaluate the efficacy of its video game intervention for children with ADHD. Link
The market for mobile personal emergency response systems (PERS), will grow at a CAGR of 40% and will reach 3.4 million by 2021, according to a report from Berg Insight. Link

SOME INTERESTING STARTUPS FOUND

Room2Care (2014, Miami Beach) – An online platform which connects people who want to provide elderly caregiver service in their own home with care-seekers. Provides elders shared housing and nursing home care services.

LEADER BOARD – CONSUMER HEALTH -TECH

PERSONAL HEALTH MANAGEMENT

PATIENT EDUCATION
Information Portal
WebMD (1996, NYC, IPO) – Online platform providing health-related information to consumers and healthcare professionals. Went public in 2005.
Healthline Networks (2005, SF, $154M) – Health information portal. Also started providing appointment booking service through the platform by acquiring YourDoctor. Backed by Summit Partners, Trinity Capital Investment, Investor Growth Capital, Reed Elsevier Ventures, Vintage Point Capital Partners, Kaiser Permanente Ventures and U.S. News.

Community
DYX (2000, Beijing, $82M) – Online social media platform for people providing pharmaceuticals and healthcare information. Backed by Tencent, Shunwei, DCM.
Sharecare (2010, Atlanta, $39M) – A social platform that allows people to ask, learn and act upon questions of health and wellness to the experts. Backed by NEV, Wellington, Tomorrow Ventures, Galen Partners, Heritage Group, andTrinity Health.

PERSONALIZED ADVICE
Your.MD (2013, London, $7M) – Mobile app which uses AI and Machine Learning technology to give personalized feedback to individuals as they speak or type their query. Backed by Smedvig.
PicWell (2012, Philadelphia, $7M) – Online predictive recommendation engine that enables consumers to select their health plan. Backed by MassMutual Ventures.

MONITORING
Dayima (2012, Beijing, $66M) – App for period tracking and women’s health. It predicts period cycles based on past patterns, offering health tips on avoiding cramps and premenstrual syndromes, and links to an online forum where users can exchange their experiences on parenting, beauty, etc. Backed by By-Health, Haitong, BAI, Ce Yun Ventures, Sequoia, and ZhenFund.
TelCare (2008, Bethesda, $64M) – Provides a wireless blood glucose meter with two-way messaging, that transmits to a care management server, along with a suite of iPhone and Android apps. Backed by Qualcomm Ventures and Sequoia.

DIY DIAGNOSTIC SOLUTIONS
Scanadu (2011, Mountain View, $47.5M) – Makes medical devices for measuring body vitals. Backed by AME Cloud Ventures, Relay Ventures, Three leaf Ventures, Tencent, CBC Capitals, Fosun, IGlobe Partners, Vegastech Fund, Mindful Investors, Redmile Group and Broe.
Kinsa (2012, NYC, $12M) – Smart thermometer. Backed by KPCB, FirstMark Capital, and Founder Collective.

THERAPEUTIC SOLUTIONS
HeadSpace (2010, LA, $39.5M) – Provider of online guided meditation resources, accessible to users through the company’s website and via a mobile app. Backed by Advancit capital, Allen investments, Breyer Capital, Broadway Video, Deerfield, WME entertainment.
Chrono Therapeutics (2004, Waltham, $32M) – Device with programmable passive transdermal drug delivery for smoking cessation. Backed by National Cancer Institute, RockHealth, Canaan Partners, 5AM Ventures, Fountain Healthcare Partners, Mayo Clinic, and GE Ventures.

MEDICATION ADHERENCE
Mango Health (2012, SF, $8M) – Mobile app that helps consumers comply with their medication through games. Backed by KPCB, Bullpen capital, First Round Capital, Floodgate, RockHealth, and Baseline Ventures.
MediSafe (2012, Boston, $7M) – App for medication adherence. Backed by Qualcomm Ventures, SevenVentures, Lool Ventures, Pitango Venture Capital, 7wire Ventures, and TriVentures.

PERSONAL HEALTH RECORDS
CareSync (2011, Wesley Chapel, $22M) – The web and mobile application which allows patients to collect their electronic health records from different health care providers. Backed by Merck GHI, Greycroft, HMC, Tullis Health Investors, Clearwell group, and CDH Solutions.
CareZone (2010, San Francisco, $13M) – Personal health information log book. Backed by NEA, and Catamount Ventures.

HEALTHCARE DELIVERY

Appointment booking
Guahao (2010, Hangzhou, $536M) – Online platform for appointment booking with doctors and a healthcare information portal. Backed by Tencent, GS, HillHouse Capital, Fosun, CBD Capital, Morningside Ventures, Qiming Venture Partners, and Henderson Shandong Tiyanye Co.
ZocDoc (2007, NYC, $225M) – An online platform which helps users to find a nearby health practitioner and instantly book an appointment online. Also provides scheduling software to providers. Backed by Atomico, Founders Fund, Baillie Gifford, GS, Khosla Ventures, DST Global Solutions, SV Angel.

DIAGNOSTICS

DxLabs
Theranos (2003, Palo Alto, $492M) – Blood testing solution which claims to provide fast and high-quality tests at 1/1,000 sample size of the typical blood draw, directly marketed to consumers. Backed by ATA Ventures, DFJ, and Continental Ventures.

HEALTH INSURANCE

Internet-first Insurance providers
Oscar Health (2012, New York City, $727.5M) – An internet first health insurance provider that uses digital healthcare solutions to keep its members healthy. Backed by Thrive Capital, Founders Fund, General Catalyst, Khosla Venters, Red Swan, BoxGroup, Goldman Sachs, Wellington, Google Capital, Lakestar, and Fidelity International.

Aggregator
GoHealth Insurance (2001, Chicago, $50M) – Online price comparison and shopping portal for health insurance. Backed by NEP.
Gravie (2013, Minneapolis, $26M) – Online health insurance marketplace for consumers to choose and buy insurance, pay for it and manage all healthcare expenses at one place. Backed by Aberdare ventures, Split Rock Partners, and Firstmark Capital.

PHARMACY
7LK (2011, Guangzhou, $148M) – Online retailer of non-prescription drugs and health supplements such as pharmaceuticals, medical devices, and medical products. Backed by Grandyangtze, TusPark Ventures, and Govtor.
Yiyao (2010, Guangzhou, $72M) – Online drug store that sells over-the-counter medications, traditional Chinese remedies, and a variety of other health products.
PillPack (2013, Cambridge, $63M) – Mobile app-enabled telepharmacy service which periodically sends the required medications to the user. Backed by Accel Partners, Sherpa Ventures, CRV, Menlo VC, Atlas Ventures, Slow ventures, Highline VP, QueensBridge VP, Founder Collective, IDEO, and Techstarts.

CAREGIVERS

Marketplace
Care.com (2006, Waltham, IPO) – Online marketplace connecting families requiring babysitters and nannies (for children, senior adults or disabled), pet care, housekeeping with caregivers.
HomeHero (2013, Santa Monica, $23M) – Web-based marketplace, which helps families find, hire and manage in-home care for seniors. Backed by Tencent, Social Capital, Graham Holdings, and Science.

MEDICAL TOURISM FACILITATOR
Medigo (2013, Berlin, $12M) – An online marketplace that facilitates searching, booking and arranging medical travel. Backed by Atlantic Labs, and Accel.

CLINICAL TRIAL ENROLLMENT
CureForward (2014, Cambridge, $19M) – Online clinical trial enrollment platform and DNA mapping from partnered labs. Backed by Apple Tree Partners.
TrialReach (2009, Richmond, $16M) – Search engine for clinical trials which helps patients to explore, understand and access clinical trials. Backed by Octopus Ventures, Amadeus Capital, and Smedvig Capital

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Consumer HealthTech feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – DIAGNOSTICS

Singulex, specialist in molecular diagnostics platforms, nabs $50M from Grifols to expand product offerings. Link
Strata Oncology, which aims to sequence patient tumors and match them with clinical trials,raises $12M Series A from Arboretum Ventures and Baird Capital; signs ThermoFisher as sequencing partner . Link
Pillar Biosciences, an oncology diagnostics firm that uses next generation sequencing, raises $18M from ORI Capital. Link
Taiwanese ACT Genomics raises $12.5M Series B to expand genomics diagnostic test offerings in Asia. Link
Myriad acquires Sividon Diagnostics, a predictive breast cancer Dx startup, for $39.1M upfront, with an additional $16.8M in milestone payments. Link
Sinocare acquires US-based PTS Diagnostics for $290M. Link
Siemens acquires Neo New Oncology, a German liquid biopsy startup. Link
Foundation Medicine sues Guardant Health over liquid biopsy patents. . Link
NIH funds Mayo Clinic Biobank with $142M as a part of the PMI, to conduct chemical and genetic testing on 100 million individuals. Link

SOME INTERESTING STARTUPS FOUND

Beamline Diagnostics (2015, London, $240K) – Point-of-care pre-screening technology for tumor biopsies using attenuated total reflection Fourier transform infrared (ATR-FTIR). Backed by Deepbridge Capital.

LEADER BOARD – DIAGNOSTICS

Reproductive Health
Natera (2004, Redwood City, IPO) – Specializes in pre-implantation genetic testing, conception testing and non-invasive prenatal diagnostics. Backed by Claremont Creek Ventures, Sequoia, Orbimed Advisors, Sofinnova Ventures, Lightspeed Venture Partners. Went public in 2015.
Sera Prognostics (2008, Salt Lake City, $50M) – Develops a proteomics tests for assessing risk of pre-term birth in expectant mothers. Backed by Domain Associates, Catalyst Health Ventures, Interwest and Upstart Capital.

CNS
Avid Radiopharmaceuticals (2005, Philadelphia, Acq.) – Specializes in molecular imaging agents for diagnosis of chronic diseases. Backed by Bioadvance, RK Ventures, Lilly Ventures, Safeguard Scientific, Pfizer. Acquired by Eli Lilly in 2010 for $800M.

Suite
23andMe (2006, Mountain View, $232M) – Provides direct-to-consumer service of gene indexing w.r.t. ancestry, genealogy, and inherited traits. Backed by J&J Development Corporation, NEA, Google Ventures, Illumina, Fidelity Investments, Mohr Davidow, MPM Capital.
SomaLogic (1999, Boulder, $169M) – Develops proteomics tools with applications in clinical diagnostics and life science research. Backed by Novartis, Gates Foundation, Visium Healthcare.
Assurex Health (2006, Mason, $92M) – Develops pharmacogenomics platforms for neuropsychiatric disorders. Backed by Mayo Clinic, Claremont Creek, Allos Ventures, Sequoia, GE Capital, jVen Capital.
Pathway Genomics (2008, San Diego, $70M) – Develops genetic tests for cancer risk and drug responses. Backed by KCP Capital, Edelson Tech, Founders Fund, IBM.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Diagnostics and Biotech feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

TransMedics, a developer of organ transplantation technology, raises $51.2M in a Series F round led by Fayerweather Fund, Pharmstandard International S.A. represented by InBio Ventures, Ervington Investments, BioStar Ventures, Abrams Capital, Lung Biotechnology PBC, Flagship Ventures and KPCB. Link
Autonomic Technologies, develops neurostimulation system for severe headaches, raises $48.2M in a Series D round led by Edmond de Rothschild Investment Prtner. Link
Mitralign, a developer of cardiac valve repair device, raises $39.8M in a Series E round. Link
Sonendo, develops dental surgery equipment for root canal therapy, raises $33.27M in a Series E round. Link
OptiScan Biomedical, developing glucose monitoring systems for ICUs/CCUs, raises $29.47M in a Series C round. Link
EarlySense, developing contact free patient monitoring solution, raises $25M in a Series G round led by Bank Hapoalim. Link
Aleva Neuro, develops implantable Deep Brain Stimulation systems that enables therapies for neurological diseases, raises an $18M in a Series C round led by Greatbatch. Link
Titan Medical, develops a surgeon-controlled robotic surgical system for MIS, raises $16M in a PE round led by Shanghai Jugu Equity Investment Fund. Link
Flowonix, develops implantable drug delivery pump, raises $10.5M in a Series F round led by Shanghai Jugu Equity Investment Fund. Link
Biovotion AG, develops wearable vital sign monitoring, raises $10.39M in a Series A round led by Swiss Re. Link
Aqueduct Neurosciences, develops implantable shunt to treat hydrocephalus, raises an $6.78M in a Series A round. Link

SOME INTERESTING STARTUPS FOUND

Open Bionics (2014, Bristol) – 3D prints low cost robotic prosthetic hand.

LEADER BOARD – MEDICAL DEVICES

Ophthalmology
TearScience (2005, Morrisville, $151M) – Diagnosis and Treatment of Evaporative Dry Eye. Backed by Spray Venture Partners, Essex Woodlands Health Ventures, eneralcatalyst.com, HealthCare Royalty Partners, Investor Growth Capital, DeNovo Ventures and Quaker BioVentures.
Avedro (2007, Waltham, $130M) – Corneal cross-linking technology. Backed by Interwest, OrbiMed Advisors, Prism Venture Management, DeNovo Ventures, Flagship Ventures, Aperture Venture Partners, SCP Vitalife Partners, Borealis Ventures, Abingworth, Third Point, and Prism Venture.

Oncology
Impedimed (1999, Carlsbad, $106M) – Bioimpedance Spectroscopy technologies. Backed by Versant Venture Management, Starfish Ventures.
Veran Medical (2005, St.Louis, $66M) – Soft tissue navigation for diagnosis of lung cancer. Backed by Prolog Ventures, Versant Ventures, River Cities Capital Funds, Advantage Capital Partners, Rex Health Ventures, 3G Capital Partners and Vectis.

Infectious Disease

Accelerate Diagnostics (2004, Tucson, IPO) – In vitro diagnostics to provide solutions for the antibiotic resistant infections. Went public in 2013.

Curetis (2007, Holzgerlingen, $85M) – Molecular diagnostics POC device for infectious diseases. Backed by Forbion, KfW Bankengruppe, HBM Partners, BioMedPartners, CD-Venture GmbH, Roche, Qiagen, Life Sciences Partners, Aeris Capital.

MONITORING

Diabetes

OptiScan Biomedical (1994, Hayward, $156M) – Glucose monitoring systems for ICUs/CCUs. Backed by yet2Ventures, Mitsui, Medven, Lightstone Ventures, Oakwood Medical, Ascension Ventures, NGN Capital, Signet Healthcare Partners, Mitsui, Hercules Technology Growth Capital, Prism Venture, EGS Healthcare Capital Partners, Morgenthaler.

Senseonics (1996, Germantown, $124M) – Implantable system for continuous glucose monitoring. Backed by NEA, HealthCare Ventures, Rho Capital Partners, Anthem Capital Management, Delphi Ventures and Greenspring Associates.

Cardiovascular

CardioMEMS (2001, Atlanta, $153M, Acq.) – Wireless sensor-based implants for cardiac monitoring. Acquired by St. Jude Medical in 2014.
iRhythm Technologies (2006, SF, $95M) – Cardiac rhythm monitoring devices. Backed by Mohr Davidow Ventures, Synergy Life Science Partner, Novo A/S, Norwest Venture Partners, California HealthCare Foundation, Stanford University, Kaiser Permanente Ventures, New Leaf Venture Partners and New Leaf Ventures.Vital Signs
EarlySense (2004, Ramat Gan, $85M) – Contact free patient monitoring solution. Backed by Noaber, Bridge Investment Fund, Samsung Venture Investment Corporation, Docor, ProSeed, Pitango VC, Israel, Mitsui & Co, JK&B Capital, Bank Hapoalim, Welch Allyn, Challenge.
Sotera Wireless (2004, San Diego, $68M) – In hospital patient monitoring device. Backed by Sanderling Ventures, Qualcomm Ventures, Intel Capital, EDB Investments, Safeguard, Delphi Ventures, Cerner Capital, West Health and Sanderling.PLATFORM TECHNOLOGIES
Mannkind Corporation (1991, LA, IPO) – Biopharma company focusing on the discovery, development, and commercialization of therapeutic products for diseases such as diabetes and cancer. Went public in 2004.
Intarcia Therapeutics (1997, Boston, $886M) – Osmotic pump for subcutaneous drug delivery. Backed by New Leaf Venture Partners, Venrock, New Enterprise Associates, RA Capital Management, Farallon Capital Management, Foresite Capital, Fred Alger Management, Quilvest Ventures, Alta Partners, GGV Capital, New Leaf Ventures, Quilvest and Omega Funds.

CLINICAL EQUIPMENT
TransMedics (1998, Andover, $252M) – Organ transplantation technology. Backed by Tudor Funds, Abrams Capital, Flagship Ventures, Kleiner Perkins, Foundation Capital, Sagamore, Hercules Technology Growth Capital, Alta Partners, Sherbrooke Capital, VantagePoint Capital Partners and i Group plc.
Caesarea Medical Electronics (1993, Caesarea, $100M) – Infusion and syringe pump systems and accessories. Backed by CareFusion.

MEDICATION MANAGEMENT
Proteus Digital Health (2001, Redwood City, $404M) – Medical adherence monitoring system. Backed by Asset Management Ventures, Medtronic, Carlyle, Fletcher Spaght, ON Semiconductor, SJM Telephony Svcs, Spring Ridge Ventures, ITOCHU International Inc., Adams Street Partners, Novartis, Oxford Finance Corporation, Essex Woodlands Health Ventures, Silicon Valley Bank, Oracle Corporation, Otsuka America Pharmaceutical and Kaiser Permanente Ventures.

For latest updates, visit the Medical Devices feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

Apixio, a cognitive computing platform for risk adjustment, has raised $19.3M in Series D funding led by SSM Partners. Link
PatientPop, a marketing platform for healthcare providers, has raised an additional funding of $10.5M in a round led by Toba Capital to bring its Series A funding total to $20.5M. Link
Zebra Medical Vision, a provider of deep learning based analytics engine for medical imaging diagnosis, has raised $12M in Series A funding led by Intermountain Healthcare. Link
Lumiata, an Artificial Intelligence powered predictive analytics company for population health management, has closed $10M in Series B funding led by White Cloud Capital. Link
Evidation Health, a company that helps analyze the efficacy of healthcare technologies, has raised $11.6M in Series A financing from B Capital Group. Link
Podimetrics, a cloud-based platform for predicting foot ulcers in Diabetic patients, has raised $5.8M. Link
Sprigbuk, a cloud-based population health platform for employers, has raised $3.75M in a Series A funding round led by Lewis & Clark Ventures. Link
Valify Health, a SaaS-based analytics and benchmarking tool for Purchased Services, has raised $2M in Series A funding led by Frist Cressey Ventures and Step 5 Capital. Link
EagleDream Health, a provider of analytics platform for population health management and value-based reimbursement, has raised $1M in Series A investment. Link
GNS Healthcare, a machine learning based population health analytics company, has announced an investment from Horizon Healthcare Services. Link

SOME INTERESTING STARTUPS FOUND

Scribe.ai (2016, Seattle) – Offers an artificial intelligence based platform for automating documentation at the point of care.
SurgeonCheck (2016, Bethlehem, $1.1M) – Offers a SaaS-based analytics platform that rates surgeons based on procedural practices, patient outcomes, costs and peer-reviewed clinical research.

LEADER BOARD – HEALTHCARE ANALYTICS

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Healthcare Analytics feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – CONSUMER HEALTH -TECH

Nima, formerly known as 6SensorLabs, the designer and manufacturer of smartphone-enabled allergen testing IoT, has raised $9.2M in a round led by Foundry Group with participation from Upfront Ventures, SoftTech VC, SK Ventures, Lemnos Labs, and Matt Rogers, the founder of Nest. Link
Clover Health, an internet-first direct-to-individual insurance tech company, has raised a round worth of $160M from Greenoaks Capital with participation from existing backers Sequoia Capital and First Round Capital. Link
Ping An Good Doctor, an Online-to-offline (O2O) healthcare servicing platform, has raised $500M in a round led by investors, including international private equity funds, Chinese state-owned enterprises on the Fortune 500 list, finance corporations as well as internet companies. Link
Sensifree, a developer of contact-free, electromagnetic sensors for continuous monitoring of body vitals, has raised $5M in a round led by TransLink Capital, UMC Capital, and an undisclosed strategic investor. Link
EarlySense, the developer of contactless bedside body vitals monitor, has raised $25 million in new funding in a round led by Bank Hapoalim, Pitango Venture Capital, JK&B Capital, and other previous investors. Link
Medella Health, the developer of contact lenses for continuous and non-invasive monitoring of glucose levels, has raised $1.4M in a round led by 1517 Fund, Fifty Years Fund, Garage Capital, BDC Capital and others. Link
DocPlanner, an online doctor appointment booking startup, has raised $20M in a round led by Target Global, ENERN Investments, and the European Bank for Reconstruction and Development (EBRD). Also merged with Spain’s Doctoralia. Link
RetraceHealth, a home, and video doctor visit provider, has raised $6.5M in a round led by Lemhi Ventures. Link
OrbiMed, a global investment firm focused on the healthcare sector, closed its second Israel-focused venture capital fund, at approximately $307M. Link
Canary Health, a startup that uses digital health tools to help populations prevent and manage chronic diseases, has acquired stress management app company bLife for an undisclosed amount. Link
European Commission has published first draft guidelines for assessing the validity and reliability of data that is collected and processed by health and wellbeing apps. Link
Sensoria, a textile sensor company, has launched a new app, called Sensoria Walk, which helps users track their activity during rehabilitation after a stroke or post-surgery. Link
Patanjali, an Indian FMCG company, is planning to enter in digital health startup space after FMCG space. Link
Practice Fusion alums developing iBeat, wearable personal emergency response system (PERS) device. Link
Samsung announced the spinning off of one of the device concepts it showed off at CES this year, Welt – a smart belt. Link
Roche Diagnostics has launched a Bluetooth-connected device for testing blood coagulation. Link

SOME INTERESTING STARTUPS FOUND

Channel(H) (2015, SF) – Channel(H) is a personalized healthcare interface platform that helps patients to manage their health records at one place and provides healthcare service providers with patient revenue management solutions. It collects individual personal health information from multiple data sources and links those events to micro-services. Each micro-services is a transaction, and with their point of sale system, they earn a commission or wholesale spread on each completed transaction. A subscription-based service for clients.

LEADER BOARD – CONSUMER HEALTH -TECH

PERSONAL HEALTH MANAGEMENT

MONITORING
Dayima (2012, Beijing, $66M) – App for period tracking and women’s health. It predicts period cycles based on past patterns, offering health tips on avoiding cramps and premenstrual syndromes, and links to an online forum where users can exchange their experiences on parenting, beauty, etc. Backed by By-Health, Haitong, BAI, Ce Yun Ventures, Sequoia, and ZhenFund.
TelCare (2008, Bethesda, $63.5M) – Provides a wireless blood glucose meter with two-way messaging, that transmits to a care management server, along with a suite of iPhone and Android apps. Backed by Qualcomm Ventures and Sequoia.

DIY DIAGNOSTIC SOLUTIONS
Scanadu (2011, Mountain View, $47.5M) – Makes medical devices for measuring body vitals. Backed by AME Cloud Ventures, Relay Ventures, Three leaf Ventures, Tencent, CBC Capitals, Fosun, IGlobe Partners, Vegastech Fund, Mindful Investors, Redmile Group and Broe.
Kinsa (2012, NYC, $11.5M) – Smart thermometer. Backed by KPCB, FirstMark Capital, and Founder Collective.

THERAPEUTIC SOLUTIONS
HeadSpace (2010, LA, $39M) – Provider of online guided meditation resources, accessible to users through the company’s website and via a mobile app. Backed by Advancit capital, Allen investments, Breyer Capital, Broadway Video, Deerfield, WME entertainment.
Chrono Therapeutics (2004, Waltham, $32M) – Device with programmable passive transdermal drug delivery for smoking cessation. Backed by National Cancer Institute, RockHealth, Canaan Partners, 5AM Ventures, Fountain Healthcare Partners, Mayo Clinic, and GE Ventures.

HEALTHCARE DELIVERY

Appointment booking
Guahao (2010, Hangzhou, $536M) – Online platform for appointment booking with doctors and a healthcare information portal. Backed by Tencent, GS, HillHouse Capital, Fosun, CBD Capital, Morningside Ventures, Qiming Venture Partners, and Henderson Shandong Tiyanye Co.
ZocDoc (2007, NYC, $225M) – An online platform which helps users to find a nearby health practitioner and instantly book an appointment online. Also provides scheduling software to providers. Backed by Atomico, Founders Fund, Baillie Gifford, GS, Khosla Ventures, DST Global Solutions, SV Angel.

DIAGNOSTICS

HEALTH INSURANCE

Aggregator
GoHealth Insurance (2001, Chicago, $50M) – Online price comparison and shopping portal for health insurance. Backed by NEP.
Gravie (2013, Minneapolis, $26M) – Online health insurance marketplace for consumers to choose and buy insurance, pay for it and manage all healthcare expenses at one place. Backed by Aberdare ventures, Split Rock Partners, and Firstmark Capital.

PHARMACY
7LK (2011, Guangzhou, $148M) – Online retailer of non-prescription drugs and health supplements such as pharmaceuticals, medical devices, and medical products. Backed by Grandyangtze, TusPark Ventures, and Govtor.
Yiyao (2010, Guangzhou, $72M) – Online drug store that sells over-the-counter medications, traditional Chinese remedies, and a variety of other health products.
PillPack (2013, Cambridge, $63M) – Mobile app-enabled telepharmacy service which periodically sends the required medications to the user. Backed by Accel Partners, Sherpa Ventures, CRV, Menlo VC, Atlas Ventures, Slow ventures, Highline VP, QueensBridge VP, Founder Collective, IDEO, and Techstarts.

CAREGIVERS

MEDICAL TOURISM FACILITATOR
Medigo (2013, Berlin, $12M) – An online marketplace that facilitates searching, booking and arranging medical travel. Backed by Atlantic Labs, and Accel.

CLINICAL TRIAL ENROLLMENT
CureForward (2014, Cambridge, $19M) – Online clinical trial enrollment platform and DNA mapping from partnered labs. Backed by Apple Tree Partners.
TrialReach (2009, Richmond, $16M) – Search engine for clinical trials which helps patients to explore, understand and access clinical trials. Backed by Octopus Ventures, Amadeus Capital, and Smedvig Capital

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Consumer HealthTech feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE IT

HeartFlow, cardiovascular diagnostics company raised a funding of $100M in Series D. Link
Livongo Health, a cloud-connected glucose meter to manage diabetes raised a funding of $49.5M in Series C in two tranches with investments from Merck Global Health Innovation Fund, Cowen Private Investments, Sapphire Ventures, Wanxiang America Corp. and Zaffre Investments. Link
Early Sense, a contact-free patient monitoring solution raised a funding of $25M in Series G with investments led by Israel’s largest bank, Bank Hapoalim, with participation from Pitango Venture Capital, JK&B Capital and other previous investors. Link
Centauri Health Solutions, technology Platform providing data management designed specifically for risk adjustment and quality-based revenue programs raised a funding of $50M in a PE round by Silver Smith Capital. Link
Eligible, API for insurance verification raised a funding of $25.2M in Angel Funding. Link
League, digital health platform that connects people to trusted health and wellness providers raised a funding of $25M in Series A led by Omers Ventures, with participation from Infinite Potential Technologies; Real Ventures; and BDC IT Venture Fund as well as strategic investors RBC, owner of Citi National; John Hancock’s parent company, Manulife Financial; and Power Financial Corporation. Link
Simplee, an enterprise cloud platform (SimpleePay) that enables healthcare payments raised a funding of $20M in Series C from existing investors 83North and Heritage Group, and new investor American Express Ventures. Link
Apixio, a software solution that enables healthcare organizations and their health plan affiliates to optimize reimbursement revenue for their Medicare advantage members raised a funding of $19.3M in Series D led by SSM Partners with participation from First Analysis and Bain Capital Ventures. Link
Jiff Enterprises, a digital health apps platform for self-funded employers raised funding of $17.7M in the second tranche of Series C. Link
Envera Health, a care coordination platform and a call center staffed by Envera nurses, decision support tools, as well as analytics and reporting raised funding of $14M in Series B led by Harbert Venture Partners and Noro-Moseley Partners with participation from New Richmond Ventures. Link
Zebra Medical Vision, uses machine learning algorithms on imaging data to provide patient health insights raised funding of $12M in Series B led by Utah-based healthcare provider Intermountain Healthcare and Dolby Family Ventures, Israeli crowdfunding business OurCrowd, Salesforce CEO Marc Benioff and Khosla Ventures. Link
Evidation, pulls medical, behavioral and contextual data and leverages those to arrive at a quantifiable result of the value of digital health technologies raised funding of $11.6M in Series B by B Capital Group. Link
Procured Health, hospital supply chain applications, has closed $10M in Series B funding led by Heritage Group with participation from Health Insight Capital. Link
PatientPop, offers an end-to-end marketing platform for healthcare providers to acquire, engage and retain patients raised funding of $10.5M in Series A, an extension to Series A round for a total of $20.5M in Series A funding led by venture firm Toba Capital, Athenahealth and Silicon Valley Bank. Link
Lumiata, an Artificial Intelligence powered predictive analytics company for population health management, has closed $10M in Series B funding led by White Cloud Capital. Link
Procured Health, hospital supply chain applications, has closed $10M in Series B funding led by Heritage Group with participation from Health Insight Capital. Link
NantHealth providing an integrated, evidence-based, personalized approach to the delivery of care and the development of next generation healthcare solutions.files for a $92 million IPO. Link
Navicure Receives Private Equity Investment from Bain Capital Private Equity. Link
Mindoula Health a provider of virtual and in-person support to individuals and families facing behavioral health challenges acquires Care at Hand, a StartUp Health Company which has a mobile care management platform. Link
MedAssets-Precyse a provider of revenue cycle technology and services acquires Equation a provider of cloud-based clinical and financial analytics to healthcare organizations. Link

SOME INTERESTING STARTUPS FOUND

Medifies (2016, SF) – Offers real-time communication system for interactions between healthcare professionals, patients, and attendants.
affirmhealth (2016, Tennessee) – Provides workflow integration and automation software to help health providers comply with controlled substance monitoring programs of regulatory bodies.
CareCDS (2016, Detroit) – Clinical decision support software for healthcare providers.
Halisi Tech (2016, Madrid) – Blockchain technology in the pharma supply chain by providing a tool to authenticate the origin of pharmaceuticals.

LEADER BOARD – HEALTHCARE IT

VALUE BASED CARE
Evolent Health (2011, Virginia, IPO) – Provides healthcare technologies and services that improve clinical, operational and business outcomes. The company’s services include providing customers with a population. Went public in 2015.
Privia Health (2007, Virginia, $419M) – Builds and enables physician groups and clinically integrated provider networks using technology, team-based care, and wellness programs to help doctors to manage the health of their populations. Backed by Goldman Sachs, Pamplona Funds, Cardinal Partners, Brighton Health, Health Enterprise Partners and Morgan Noble.
Lumeris (2001, Maryland Heights, $211M) – Provider of population health management solutions to health systems, payers and providers. Backed by BlueCross BlueShield Venture Partners, Camden Partners, Kleiner Perkins Caufield & Byers and Sandbox industries.

Population Health Management
MedHOK (2009, Tampa, $77M) – Provides a SaaS-based platform that uses predictive analytics to allow payers to identify and target member health risks, trigger workflow interventions, and improve the quality of care. Backed by Spectrum Equity and Bain Capital Ventures.
Humedica (2008, Boston, $63M, Acq) – Provides analytics solutions for healthcare providers to create a longitudinal view of individual patients and patient populations by gathering, normalizing, and analyzing data from EHRs, practice management, claims data. Backed by NorthBridge and Bain Capital Ventures.

Patient Engagement
Welltok (2009, Denver, $151.5M) – It provides a health optimization platform, CaféWell, is a collection of resources and programs that drive consumer engagement through a novel combination of social, gaming and personalized activities. Backed by Qualcomm Ventures, EMCAP partners, Interwest Partners, Bessemar Venture Capital.
Accolade (2007, Pennsylvania, $112M) – Provides consumer healthcare engagement and influence solution for large self-insured employers and payer organizations. Backed by Mckesson, Carrick Capital Partners, Com Cast Ventures.

Care Coordination
Grand Rounds (2011, SF, $106M) – Is technology company which provides healthcare concierge service to the patient. Backed by Greylock partners, Venrock and Harrison Metal.
Remedy Partners (2006, SF, $95M) – Enables healthcare providers in developing and operating patient-centric episodic payment programs. Backed by Bain Capital ventures.
LifeWatch (1993, New Jersey, IPO) – It is a maker of a medical device to be are worn on the chest to record heart’s rhythm. The data is continuously collected and analyzed in a dedicated mobile device. Went public in 2006.
iRhythm Tech (2006, SF, $95M) – Its product the Zio Patch is a wearable patch designed to gather beat-to-beat heart data for diagnosis of cardiac arrhythmias. Backed by California Healthcare Foundation, Kaiser Permanente Ventures, Mohr Davidow Ventures, New Leaf Venture Partners, Northwest Venture Partners, and Synergy Life Science Partners.
AirStrip technologies (2003, San Antonio, $65M) – Platform allows clinicians to securely access patient monitoring data such as continuous heart tracings and other waveforms – along with parameters such as BP, temperature, etc from EMRs, bedside monitors, and devices on their laptops and mobiles. Backed by Sequoia Capital, Welltrust Fund,and Qualcomm Ventures.PROVIDER
Suite Solutions
Epic (1979, Madison) – Develops, implements and supports IT software solutions for healthcare providers.
Cerner (1979, Kansas City, IPO) – End-to-end healthcare information technology solutions and services for the healthcare provider to optimize clinical, financial and operational outcomes.Went public in 1986.EHR Platform
Flatiron (2012, NYC, 314M) – Offers cloud-based EHR platform, Analytics, Billing solutions for oncology practices. Backed by Roche, Google Ventures, First Round, SV Angel and LabCorp.
Practice Fusion (2005, SF, $155M) – Provides a free, web-based Electronic Health Record (EHR) platform to physicians. Backed by Qualcomm, Longitude Capital, Artis Ventures, SV Angels, Band Angels, Orbimed and KPCB.Practice Management
Guahao (2010, Hangzhou, $536M) – Offers a platform to consumers and doctors, to book and manage appointments. Offers a practice management solutions to healthcare providers. Backed by Tencent, Fosun, Morningside Ventures, Qiming Ventures and Shandong Tyan Home Co.
Practo (2008, Bangalore, $125M) – Offers a web-based platform to patients and doctors. The SaaS-based practice management solution for physicians is called Practo Ray. Backed by Matrix Partners, Sequoia Capital, Tencent, Google Capital and InnoVen Capital.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit Healthcare IT feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – TELEMEDICINE

Ping An Good Doctor, an online platform to consult doctors remotely, completed a $500M Series A round of financing. Link
Talkspace, an NYC-based provider of an online therapy platform, raised $15M in Series B funding led by Norwest Venture Partners. Link
RetraceHealth, a concierge care provider using nurse practitioners, was funded $7M in Series A round of funding. Link
Vios Medical, a remote patient monitoring system, raised $3.98M in Series A round of funding. Link
WeCounsel Solutions, a Chattanooga-based telemedicine software company, closed a Series A equity funding of $3.5M. Link
Avizia, a real-time video collaboration platform, raised $3.1M in Series B round of funding. Link
ReGroup Therapy, an on-demand provider of virtual mental health teams to health entities, raised over $1.8M in a seed round. Link
Fruit Street Health, a telehealth software solutions provider, raised $1.4M in crowdfunding from 120 physicians. Link
PurpleHealth, an on-demand health platform, raised $100k from Katabole Technology Venture. Link
iCliniq, an online doctor consultation platform, raised an undisclosed amount in an angel round from an Erode-based laparoscopic surgeon MadhanKumar Madathupalayam. Link
Visit, Delhi-based on-demand healthcare service provider raised an undisclosed amount in seed funding from tech company MapmyIndia. Link
Connecture, a technology company that builds online health insurance marketplaces, acquired ConnectedHealth, a platform that makes it easier for consumers and employees to shop for personalized health insurance online. Link

SOME INTERESTING STARTUPS FOUND

MyCampusDoc (2015, Dallas) – Provides college students with a discount card to assist them with their medical needs including teleconsultation.

LEADER BOARD – TELEMEDICINE

Tele-Consultation
Teladoc (2002, Dallas, IPO) – Telemedicine provider offering web and mobile based video consultation. Backed by Cardinal Partners, HLM Venture Partners, Trident Capital, New Capital Partners, Jafco Ventures, Kleiner Perkins Caufield & Byers, Greenspring Associates, BNY Mellon, Questmark Partners, FLAG Capital Management. Went public in June 2015.
American Well (2006, Boston, $123M) – Telehealth platform that connects users with doctors. Backed by Inventure Partners.
Specialists On Call (2004, Reston, $112M) – Telemedicine services for Tele-Neurology, Tele-Psychiatry and Tele-Intensivist. Backed by Warburg Pincus.
Doctor On Demand (2012, SF, $87M) – Telemedicine services based on a pay-per-use model. Backed by Venrock, Shasta Ventures, Qualcomm Ventures.
MDLIVE (2009, Sunrise, $74M) – Online and on-demand telemedicine services. Backed by Bedford Funding, Heritage Group, Sutter Health, Kanye Capital.

Tele-Monitoring
iRhythm Technologies (2006, SF, $95M) Remote cardiac rhythm monitoring device. Backed by Mohr Davidow Ventures.
AirStrip (2003, San Antonio, $65M) Mobility solutions for providers to access patient data remotely. Backed by Wellcome Trust, Sequoia Capital, West Health Institute, Qualcomm Ventures.
Watermark Medical (2008, Boca Raton, $45M) Home sleep testing solutions to determine presence and severity of obstructive sleep apnea. Merged with SleepMed. Backed by Ballast Point Ventures.
MD Revolution (2011, San Diego, $34M) Platform for healthcare providers to predict and prevent chronic disease via behaviour change. Backed by Jump Capital.
Healthsense (2001, Mendota, $33M) Remote monitoring, emergency calls and wellness management solutions. Backed by Radius Ventures, Merck & Co., Mansa Capital, Merck Global Health Innovation Fund.

Tele-Rehabilitation
Pursuant Health (2007, Atlanta, $29M) Interactive healthcare platforms and kiosks. Backed by WellPoint, Novartis, Dell, Coinstar.

Tech Enablers
InTouch Health (2002, Santa Barbara, $34M) Proprietary communications and mobile robotic platform. Backed by Acacia VP, iRobot, Beringea.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates visit Telemedicine feeds

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – DIAGNOSTICS

Omicia, developer of clinical genome interpretation software, raises $23M Series B, from UPMC, Roche, LDV Partners, along with returning investors. Link
Liquid biopsy company Freenome closes a $5.5M Series A round, led by Andreessen Horowitz. Link
Owlstone Medical, which develops breath-based screening tests for cancer, closes a $7M round of financing. Link
NeuroVision Imaging, developer of diagnostics solutions for Alzheimer’s disease, raises $5M in Series B financing. Link
Perthera, a precision diagnostics company for cancer, closes a $8.7M Series A round. Link
Spirometrix, which develops point-of-care breathalyzers, raises $17.4M Series C. Link
Philips acquires digital pathology company PathXL for an undisclosed amount. Link
Foundation Medicine and AstraZeneca sign a deal to develop companion diagnostics for ovarian cancer. Link
UPenn to lead consortium with $10.8M in NIH grant funding to study genetic basis of Alzheimer’s. Link
France jumps on the precision medicine bandwagon; announce a $670M initiative to support genomics and personalized medicine. Link

SOME INTERESTING STARTUPS FOUND

NanoTech Galaxy (2015, NYC) – Uses deep learning algorithms in a Google-type search to enable data mining of insights from medical radiology images.

PreDxion Bio (2016, Ann Arbor, Undisclosed) – Diagnostics for immune profiling using fingerprick blood samples. Spun-out from University of Michigan.

LEADER BOARD – DIAGNOSTICS

Oncology
Foundation Medicine (2010, Cambridge, $89.5M, Acq.) – Develops clinical assays for comprehensive genetic profiling for solid tumors and hematological malignancies to tailor personalized treatment regimens for patients. Backed by Google Ventures, KPCB, Third Rock Ventures; Roche owns a majority stake.
Biocartis (2007, Lausanne, IPO) – Develops in vitro molecular diagnostic platforms for multiplexed detection of bio-analytes in tissue samples. Backed by Debiopharm, J&J Development Corporation, Philips, The Wellcome Trust. Went public in 2015.
NantHealth (2007, Culver City, IPO) – Combines molecular medicine and bioinformatics with technology services to enable personalized therapies for cancer and other diseases. Part of billionaire Patrick Soon-Shiong’s NantWorks system. Backed by the Kuwait government, Blackberry, Celgene, AllScripts.
Adaptive Biotechnologies (2008, Seattle, $404M) – Develops high-throughput immunosequencing technologies, first application being fordiagnosis of minimal residual disease in blood cancers. Backed by Viking Global, Illumina, Celgene, Lab Corp, Rock Spring Capital.
Guardant Health (2012, Redwood City, $190M) – Develops biopsy-free cancer detection and treatments using digital sequencing technology. Backed by Sequoia, Khosla Ventures, Orbimed, Lightspeed Venture Partners.

Cardiovascular Disease
Acutus Medical (2011, San Diego, $157M) – Develops medical imaging technologies for the electrophysiological market; first product gives an ultrasound-based reconstruction of the heart to diagnose arrhythmias. Backed by Advent Life Sciences, Orbimed, GE Ventures, Xeraya, Deerfield Capital.

Infectious disease
Oxford Immunotec (2002, Abingdon, IPO) – Proprietary T-SPOT platform that measures immune cell responses at a single cell level to detect infectious diseases such as tuberculosis and CMV even at low pathogen loads. Backed by Dow, Clarus Ventures, New Leaf Venture Partners, Spark Ventures. Went public in 2013.
Atlas Genetics (2005, Bristol UK, $76M) – Develops the microfluidic-based multiplex point-of-care system io™ to detect bacterial STDs and hospital acquired infections. Backed by J&J Development Corporation, Novartis, BB Biotech, Consort Medical, Life Science Venture Partners.

Reproductive Health
Natera (2004, Redwood City, IPO) – Specializes in pre-implantation genetic testing, conception testing and non-invasive prenatal diagnostics. Backed by Claremont Creek Ventures, Sequoia, Orbimed Advisors, Sofinnova Ventures, Lightspeed Venture Partners. Went public in 2015.
Sera Prognostics (2008, Salt Lake City, $50M) – Develops a proteomics tests for assessing risk of pre-term birth in expectant mothers. Backed by Domain Associates, Catalyst Health Ventures, Interwest and Upstart Capital.

CNS
Avid Radiopharmaceuticals (2005, Philadelphia, $70M, Acq.) – Specializes in molecular imaging agents for diagnosis of chronic diseases. Backed by Bioadvance, RK Ventures, Lilly Ventures, Safeguard Scientific, Pfizer. Acquired by Eli Lilly in 2010 for $800M.

Platform
SuperSonic Imagine (2005, Aix-en-Provence, IPO) – Develops ultrasound imaging platforms, with applications in women health, vascular, hepatology, gastroenterology and general imaging. Backed by NBGI Private Equity, Rothschild, Auriga Partners, Omnes Capital, Alto Invest. Went public in 2014.
Singulex (2003, Alamedia, $87M) – Specializes in single molecule counting technology and biomarker research for diagnostics. Backed by GE Capital, Advantage Capital, Prolog Ventures, Orbimed, Jafco.
Personalis (2011, Menlo Park, $75M) – Use proprietary databases, human reference sequences, and sophisticated algorithms to analyze genome scale information for clinical diagnostics. Backed by Mohr Davidow Ventures, Lightspeed Venture Partners, Abingworth.

Suite
23andMe (2006, Mountain View, $232M) – Provides direct-to-consumer service of gene indexing w.r.t. ancestry, genealogy, and inherited traits. Backed by J&J Development Corporation, NEA, Google Ventures, Illumina, Fidelity Investments, Mohr Davidow, MPM Capital.
SomaLogic (1999, Boulder, $169M) – Develops proteomics tools with applications in clinical diagnostics and life science research. Backed by Novartis, Gates Foundation, Visium Healthcare.
Assurex Health (2006, Mason, $92M) – Develops pharmacogenomics platforms for neuropsychiatric disorders. Backed by Mayo Clinic, Claremont Creek, Allos Ventures, Sequoia, GE Capital, jVen Capital.
Pathway Genomics (2008, San Diego, $70M) – Develops genetic tests for cancer risk and drug responses. Backed by KCP Capital, Edelson Tech, Founders Fund, IBM.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates visit Diagnostics (by Disease) and Diagnostics (by Technology) feeds.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

Spirometrix, a developer of breath analysis devices for applications in disease diagnosis and management of asthma, raises $17.4M in a Series C round led by Shanghai Fosun Pharmaceutical. Link
NightBalance, develops obstructive sleep apnea technology, raises €12.5M in a Series B round led by Inkef Capital and Gilde Healthcare Partners. Link
Monteris, a developer of MRI-guided neurosurgical ablation tools, raises $10M in a Debt round led by Oxford Finance. Link
NeuSpera Medical, develops miniaturized neurostimulation devices, raises an $8M in a Series A round. Link
Nico Corporation, develops neurosurgery medical devices, raises $8M in a Debt round led by Square 1 Bank. Link
Simavita, develops Urinary incontinence assessment tool, raises $7.3M in a Series B round. Link
CryoTherapeutics, a developer of a proprietary cryotherapy system, raises €5.2M in a Series B round led by Creathor Venture. Link
NeuroVision Imaging, a developer of digital imaging and diagnostic solutions for Alzheimer’s disease, raises $5M in a Series B round led by Wildcat Capital Management. Link
Sofie Biosciences, develops molecular imaging instruments, raises $3.7M in a series B round. Link
Arkis BioSciences, develops surgical instrumentation for shunt surgeries, raises $3.4M in a Series A round led by Innova Memphis. Link
HeartWare, develops miniaturized ventricular assist devices, was acquired by Medtronic for $1.1B. Link

SOME INTERESTING STARTUPS FOUND

HydrUStent (2014, Braga) – Develops biodegradable, anti-bacterial urological stent.

LEADER BOARD – MEDICAL DEVICES

THERAPEUTICS

Cardiovascular
TriVascular (1998, Santa Rosa, IPO) – Medical devices for endovascular aortic repair. Went public in 2014.
CVRx (2001, Minneapolis, $297M) – Implantable technology for hypertension and heart failure. Backed by DaVita Healthcare Partners, Piper Jaffray, Ysios Capital, JJDC, InterWest Partners, Silicon Valley Bank, SightLine Partners, NEA, Kearny Venture Partners, Frazier Healthcare Partners, ABS Ventures.

Orthopedics

ConforMIS (2004, Bedford, IPO) – Personalized, partial knee resurfacing implants to treat knee osteoarthritis. Went public in 2015.
Small Bone Innovations (2009, Morrisville, $171M) – Suite of orthopedic products for small bones and joints. Backed by Trevi Health Ventures, Goldman Sachs, Malaysian Life Sciences Capital Fund, NGN Capital, Viscogliosi Brothers, Axiom Ventures, Khazanah Nasional Berhad, 3i Group.

Surgery
Auris Surgical Robots (2009, San Carlos, $184M) – Robotic microsurgical systems for ophthalmic surgery. Backed by NaviMed Capital, Lux Capital, Mithril Capital Management and Highland Capital Partners.
Medrobotics (2011, Raynham, $140M) – Robotic surgical devices for minimally invasive surgery. Backed by Hercules Technology Growth Capital and Pittsburgh Life Sciences Greenhouse.Ophthalmology
TearScience (2005, Morrisville, $151M) – Diagnosis and Treatment of Evaporative Dry Eye. Backed by Spray Venture Partners, Essex Woodlands Health Ventures, eneralcatalyst.com, HealthCare Royalty Partners, Investor Growth Capital, DeNovo Ventures and Quaker BioVentures.
Avedro (2007, Waltham, $130M) – Corneal cross-linking technology. Backed by Interwest, OrbiMed Advisors, Prism Venture Management, DeNovo Ventures, Flagship Ventures, Aperture Venture Partners, SCP Vitalife Partners, Borealis Ventures, Abingworth, Third Point, and Prism Venture.DIAGNOSTICSPlatform Technologies
Neusoft Medical System (1998, Shenyang, $410M) – Medical imaging device and software developer. Backed by China Everbright Group AG, Goldman Sachs, Hony Capital.
Butterfly Network (2011, Guilford, $100M) – Medical imaging devices using a combination of deep learning and an ultrasonic device. Backed by Aeris Capital.Oncology
Impedimed (1999, Carlsbad, $106M) – Bioimpedance Spectroscopy technologies. Backed by Versant Venture Management, Starfish Ventures.
Veran Medical (2005, St.Louis, $83M) – Soft tissue navigation for diagnosis of lung cancer. Backed by Prolog Ventures, Versant Ventures, River Cities Capital Funds, Advantage Capital Partners, Rex Health Ventures, 3G Capital Partners and Vectis.Infectious Disease
Accelerate Diagnostics (2004, Tucson, IPO) – In vitro diagnostics to provide solutions for the antibiotic resistant infections. Went public in 2013.
Curetis (2007, Holzgerlingen, $85M) – Molecular diagnostics POC device for infectious diseases. Backed by Forbion, KfW Bankengruppe, HBM Partners, BioMedPartners, CD-Venture GmbH, Roche, Qiagen, Life Sciences Partners, Aeris Capital.MONITORING

Diabetes
OptiScan Biomedical (1994, Hayward, $156M) – Glucose monitoring systems for ICUs/CCUs. Backed by yet2Ventures, Mitsui, Medven, Lightstone Ventures, Oakwood Medical, Ascension Ventures, NGN Capital, Signet Healthcare Partners, Mitsui, Hercules Technology Growth Capital, Prism Venture, EGS Healthcare Capital Partners, Morgenthaler.
Senseonics (1996, Germantown, $124M) – Implantable system for continuous glucose monitoring. Backed by NEA, HealthCare Ventures, Rho Capital Partners, Anthem Capital Management, Delphi Ventures and Greenspring Associates.

Cardiovascular
CardioMEMS (2001, Atlanta, $153M, Acq.) – Wireless sensor-based implants for cardiac monitoring. Acquired by St. Jude Medical in 2014.
iRhythm Technologies (2006, SF, $95M) – Cardiac rhythm monitoring devices. Backed by Mohr Davidow Ventures, Synergy Life Science Partner, Novo A/S, Norwest Venture Partners, California HealthCare Foundation, Stanford University, Kaiser Permanente Ventures, New Leaf Venture Partners and New Leaf Ventures.

Vital Signs
EarlySense (2004, Ramat Gan, $85M) – Contact free patient monitoring solution. Backed by Noaber, Bridge Investment Fund, Samsung Venture Investment Corporation, Docor, ProSeed, Pitango VC, Israel, Mitsui & Co, JK&B Capital, Bank Hapoalim, Welch Allyn, Challenge.
Sotera Wireless (2004, San Diego, $68M) – In hospital patient monitoring device. Backed by Sanderling Ventures, Qualcomm Ventures, Intel Capital, EDB Investments, Safeguard, Delphi Ventures, Cerner Capital, West Health and Sanderling.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Medical Devices feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

Procured Health, a provider of technology and data-driven solutions for clinical spend management, secured $10M in Series B funding. Link
Navicure, a provider of cloud-based claims management and patient payment solutions for physician practices and hospitals, secured Private Equity Investment from Bain Capital Private Equity. Link
LeanTaaS, a provider of tools for resource utilization and patient time optimization, raised $9M funding. Link
NeuroVision, the developer of AI based digital imaging and diagnostic solutions for Alzheimer’s disease, raised $5M in Series B financing. Link
iHealth, which helps healthcare providers transition to value-based care and to other new payment models, secured funding from Fulcrum Equity Partners. Link
Vibrent, a precision medicine platform for personalized engagement received Grant from National Institutes of Health. Link
Care at Hand, a predictive insights platform for population health management was acquired by Mindoula Health Link
Valence Health, a provider of value-based care solutions for hospitals, health systems, and physicians is to be acquired by Evolent Health for approximately $145M. Link
HealthQx, a provider of Value-based Payment analytic software solutions for health plans and health systems is acquired by McKesson Health Solutions. Link

SOME INTERESTING STARTUPS FOUND

Algosurg (2016, Mumbai) – Provides generation of 3D bone model using 2D X-ray images for surgeries through advanced computational methods.
1healthy.world (2016, Washington D.C, Undisclosed) – Offers AI-powered chatbots for patient scheduling and copay collection to provider groups, IPAs and health systems.

LEADER BOARD – HEALTHCARE ANALYTICS

Clinical Analytics
Proteus Digital Health (2001, Redwood City, $404M) – Medication adherence platform using sensor-enabled pills, biometric sensor patch and data analytics. Backed by Novartis, Medtronic, Oracle, KP Ventures.
Imaging Advantage (2007, Santa Monica, $295M) – Cloud-based clinical decision support tool for radiologists. Backed by Goldman Sachs, Brightwood Capital Advisors and CRG.
Heart Flow (2007, Redwood City, $163M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Welltok (2009, Denver, $151.5M) – PaaS based analytics platform for health optimization and population health management. Backed by Qualcomm Ventures, EMCAP partners, Interwest Partners, Bessemar Venture Capital.

Financial Analytics
MediGain (2002, Plano, $46M) – Analytics tools for revenue cycle management, billing and reimbursement. Backed by Prudential Capital Partners.
Apixio (2009, San Mateo, $42M) – Cognitive computing platform for risk adjustment coding. Backed by SSM Partners, First Analysis and Bain Capital Ventures.
Truveris (2009, NYC, $27M) – SaaS-based platform for prescription claims analytics and pharmacy data validation. Backed by New Leaf Venture Partners,Tribeca Venture Partners, First Round, New Atlantic Ventures and more.
LaunchPoint (2008, Rolling Meadows, $26M) – Cloud-based healthcare analytics platform for payment integrity solutions. Backed by Carrick Capital Partners.

Operational Analytics
eVariant (2008, Farmington, $68.5M) – CRM analytics platform for digital marketing and patient engagement. Backed by Goldman Sachs, Lightspeed Venture Partners, Health Enterprise Partners, Dignity Health and Salesforce Ventures.
Kyruus (2010, Boston, $56M) – Referral management solutions using analytics and data mining. Backed by Venrock, Mckesson Ventures, New Leaf Venture Partners, Highland Capital Partners and more.
OnShift (2008, Cleveland, $30M) – SaaS based staff scheduling software that predicts and prevents overtime and under-staffing. Backed by Health Velocity Capital, HLM Venture Partners, Draper Triangle, West Capital Advisors and more.
PatientPop (2014, Santa Monica, $24M) – End-to-end marketing platform that uses analytics for performance measurement. Backed by Toba Capital, Athena Health and Silicon Valley Bank.
Binary Fountain (2003, Mclean, $22M) – Cloud-based platform for analyzing patient feedback from social media, surveys and online sites. Backed by HLM Venture Partners, Pioneer Venture Partners and Providence Health & Services.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the Healthcare Analytics feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

Codoon, a developer of both hardware and software of smart fitness-tracking wearables, raised $50M in a Series C funding round led by Focus Media and FountainVest Partners. Link
Netpulse, provider of mobile apps and technology solutions for health clubs, raised $13M in a Series E funding round led by August Capital with participation from Javelin Venture Partners, Nokia Growth Partners and DFJ Frontier. Link
Lifesum, an app providing diet & exercise tracking and tips to achieve fitness goals, raised $10M in a Series B funding round led by Nokia Growth Partners (NGP) with participation from Draper Esprit, Bauer Media Group and SparkLabs Global Ventures. Link
Zenrez, a platform offering last-minute booking service at fitness studios raised $2M in a Series A funding round led by ARTIS Ventures, Summit Action Fund and Precursor Ventures. Link
Peerfit, a company which helps users to attend fitness studios connected with it through one single pass, raised $1.16M in Seed funding. Link
Book Your Game (BYG), a mobile-first marketplace to discover and book fitness centers, raised an Angel round of funding from Sanjay Verma and Amit Khanna via Lets Venture. Link
Oyofit, a mobile app to book fitness classes, got acquired by Gympik for an Undisclosed amount. Link

SOME INTERESTING STARTUPS FOUND

WodCash (2016, Scottsdale) – Wodcash is an online fitness competition platform. Users can choose from the list of challenges available on the platform. After choosing and paying a fixed amount towards the challenge, users submit video which must include close up shots of the equipment being used during the workout to validate the legitimacy of the submission. Generally, the enrollment amount is $2 and the prize money is $50.

LEADER BOARD – HEALTHCARE ANALYTICS

Physical Health – Monitoring – Devices
Peloton Cycle (2012, NYC, $119M) – Cloud-based live streaming of instructional cycling exercise content with social elements. Backed by Tiger Global, True Ventures and Grace Beauty Capital.

Physical Health – Monitoring – Apps
MapMyFitness (2007, Austin, $24M, Acq.) – App-based tracking of workouts like running, cycling, walking etc. Backed by Austin Ventures and Milestone Venture Partners. Acquired by UnderArmour in 2013.
MyFitnessPal (2005, SF, $18M, Acq.) – Mobile app to track calorie intake & exercises. Backed by KPCB and Accel. Acquired by UnderArmour in 2015.

Physical Health – Delivery Channel – Offline – Fitness Centres
ClassPass (2013, NYC, $84M) – Monthly membership for fitness classes across multiple gyms and studios. Backed by General Catalysts Partners and Google Ventures.
Quancheng Relian (2014, Beijing, $17M) – Mobile app for booking gyms and fitness centers with subscription passes. Backed by Matrix Partners and Legend Capital China.

Physical Health – Delivery Channel – Offline – Coaches
Fitmob (2013, SF, $15M, Acq.) – Online marketplace for finding and booking workouts with trainers. Backed by Arena Ventures, Mayfield Fund, Marc Bell Ventures and more. Acquired by Classpass in 2015.
CoachUp (2011, Boston, $9M) – Online marketplace that connects athletes with private coaches. Backed by General Catalyst Partners, Point Judith Capital and Breakaway Innovation Group.

Physical Health – Delivery Channel – Online
Grokker (2012, San Jose, $15.5M) – Online marketplace offering video classes with the content in fitness. Backed by Khosla Ventures, Correlation Ventures, First Round Capital and Interwest Partners.
SportQ (2012, Shanghai, $10M) – App-based platform for fitness enthusiasts to consult professional coaches online. Backed by SIG China and SmallVille Capital.

Physical Health – Social Platform
Strava (2009, SF, $35M) – Online social network for users to compare and compete with each other. Backed by Sequoia Capital, Madrone Capital Partners and Sigma Partners.
JoyRun (2014, Guangzhou, $18M) – Social networking app for jogging. Backed by The Arena Capital, Innovation Works and more.

Physical Health – Tools for Fitness Centers
Netpulse (2009, SF, $52M) – Saas platform for fitness clubs. Backed by Nokia Growth Partners, Javelin Venture Partners, Draper Frontier and more.

Physical Health – Information Portal
HealthiNation (2005, NYC, $12M) – Provider of health & wellness content through videos. Backed by Intel Capital.

Physical Health – App Studio
Azumio (2011, Palo Alto, $3.4M) – Developer of mobile applications for healthcare. Backed by Founders Fund, Accel and Felicis Ventures.

Mental Health
SleepNumber (1987, Minneapolis, IPO) – Sleep monitoring through hidden sensors inside the bed. Went public in 1998.
Headspace (2010, LA, $39M) – Guided meditation sessions and mindfulness training through app/web. Backed by The Chernin Group, Advancit Capital, Allen & Company and more.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit Fitness and Wellness feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – DIAGNOSTICS

LabCorp acquires NIPT pioneer Sequenom for $371M. Link
Computational genomics company Phosphorus closes $12M Series A round, led by First Mark Capital. Link
Oral cancer testing company Vigilant Biosciences raises $10.5M Series B. Link
Liquid biopsy startup CellMax Life raises $9M Series A-1 from Artiman Ventures. Link
Liquid biopsy startup Biodesix completes follow on Series F financing of $7M. Link
Molecular diagnostics company Abingdon Health raises a £3M funding round. Link
Melbourne startup CNSDose, which develops personalized medicine solutions for antidepressants, raises $1M in seed funding. Link
Finnish molecular diagnostics company Mobidiag gets €15M load from the European Investment Bank. Link
Trovagene collaborates with USC to develop urine-based liquid biopsy test. Link

SOME INTERESTING STARTUPS FOUND

VisExcell (2015, Ardmore) – Uses artificial intelligence to analyze mammogram images for breast cancer risk assessment.
Morai Biodesign (2016, Barcelona) – RNA based ‘plug-and-play’ biodevices for non-invasive biomarker diagnostics.

LEADER BOARD – DIAGNOSTICS
Oncology
Foundation Medicine (2010, Cambridge, $89.5M, Acq.) – Develops clinical assays for comprehensive genetic profiling for solid tumors and hematological malignancies to tailor personalized treatment regimens for patients. Backed by Google Ventures, KPCB, Third Rock Ventures; Roche owns a majority stake.
Biocartis (2007, Lausanne, IPO) – Develops in vitro molecular diagnostic platforms for multiplexed detection of bio-analytes in tissue samples. Backed by Debiopharm, J&J Development Corporation, Philips, The Wellcome Trust. Went public in 2015.
NantHealth (2007, Culver City, IPO) – Combines molecular medicine and bioinformatics with technology services to enable personalized therapies for cancer and other diseases. Part of billionaire Patrick Soon-Shiong’s NantWorks system. Backed by the Kuwait government, Blackberry, Celgene, AllScripts.
Adaptive Biotechnologies (2008, Seattle, $404M) – Develops high-throughput immunosequencing technologies, first application being fordiagnosis of minimal residual disease in blood cancers. Backed by Viking Global, Illumina, Celgene, Lab Corp, Rock Spring Capital.
Guardant Health (2012, Redwood City, $190M) – Develops biopsy-free cancer detection and treatments using digital sequencing technology. Backed by Sequoia, Khosla Ventures, Orbimed, Lightspeed Venture Partners.

Immune Disease
Exagen Diagnostics (2002, Vista, $74M) – Rheumatology specialty company that focuses on the diagnosis and prognosis of autoimmune connective tissue diseases. Backed by Epic venture capital, vSpring Capital, Sun Mountain Capital.

Reproductive Health
Natera (2004, Redwood City, IPO) – Specializes in pre-implantation genetic testing, conception testing and noninvasive prenatal diagnostics. Backed by Claremont Creek Ventures, Sequoia, Orbimed Advisors, Sofinnova Ventures, Lightspeed Venture Partners. Went public in 2015.
Sera Prognostics (2008, Salt Lake City, $50M) – Develops a proteomics tests for assessing risk of pre-term birth in expectant mothers. Backed by Domain Associates, Catalyst Health Ventures, Interwest and Upstart Capital.

Platform
SuperSonic Imagine (2005, Aix-en-Provence, IPO) – Develops ultrasound imaging platforms, with applications in women health, vascular, hepatology, gastroenterology and general imaging. Backed by NBGI Private Equity, Rothschild, Auriga Partners, Omnes Capital, Alto Invest. Went public in 2014.
Singulex (2003, Alamedia, $141M) – Specializes in single molecule counting technology and biomarker research for diagnostics. Backed by GE Capital, Advantage Capital, Prolog Ventures, Orbimed, Jafco.
Personalis (2011, Menlo Park, $75M) – Use proprietary databases, human reference sequences, and sophisticated algorithms to analyze genome scale information for clinical diagnostics. Backed by Mohr Davidow Ventures, Lightspeed Venture Partners, Abingworth.

Suite
23andMe (2006, Mountain View, $232M) – Provides direct-to-consumer service of gene indexing w.r.t. ancestry, genealogy, and inherited traits. Backed by J&J Development Corporation, NEA, Google Ventures, Illumina, Fidelity Investments, Mohr Davidow, MPM Capital.
SomaLogic (1999, Boulder, $169M) – Develops proteomics tools with applications in clinical diagnostics and life science research. Backed by Novartis, Gates Foundation, Visium Healthcare.
Assurex Health (2006, Mason, $92M) – Develops pharmacogenomics platforms for neuropsychiatric disorders. Backed by Mayo Clinic, Claremont Creek, Allos Ventures, Sequoia, GE Capital, jVen Capital.
Pathway Genomics (2008, San Diego, $70M) – Develops genetic tests for cancer risk and drug responses. Backed by KCP Capital, Edelson Tech, Founders Fund, IBM.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates visit Diagnostics (by Disease) and Diagnostics (by Technology) feeds.

Tracxn – Healthcare Newsletter # 22 – Consumer HealthTech

Tracxn – Healthcare Newsletter # 23 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 24 – Fitness & Wellness

Tracxn – Healthcare Newsletter # 25 – Medical Devices

Tracxn – Healthcare Newsletter # 26 – Healthcare IT

Tracxn – Healthcare Newsletter # 27 – Diagnostics

Tracxn – Healthcare Newsletter # 28 – Medical Devices

Tracxn – Healthcare Newsletter # 29 – Health Analytics

Tracxn – Healthcare Newsletter # 30 – Consumer HealthTech

Tracxn – Healthcare Newsletter # 31 – Diagnostics

Tracxn – Healthcare Newsletter # 32 – Medical Devices

Tracxn – Healthcare Newsletter # 33 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 34 – Consumer HealthTech

Tracxn – Healthcare Newsletter # 35 – Healthcare IT

Tracxn Healthcare Newsletter # 36 – Telemedicine

Tracxn Healthcare Newsletter # 37 – Diagnostics

Tracxn Healthcare Newsletter # 38 – Medical Devices

Tracxn – Healthcare Newsletter # 39 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 40 – Fitness & Wellness

Tracxn Healthcare Newsletter # 41 – Diagnostics