Analyst Notes – Health

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – CONSUMER HEALTHTECH

Meet You, a Chinese female social network and a menstrual management app, raised $151M from existing investors including Matrix Partners China, K2VC, and Cathay Capital Private Equity. Link
Chrono Therapeutics, a developer of digital drug therapy platform for smoking cessation, raised $48M in Series B financing led by Kaiser Permanente Ventures and included investments by Endeavour Vision, Xeraya Capital Labuan Ltd, Asahi Kasei and others. Link
Color Genomics, a provider of genetic information services for hereditary cancers, raised $45M in funding led by General Catalyst with participation from Bono, singer-songwriter, and philanthropist, and existing investors. Link
PillPack, a prescription medication delivery service, raised $31M from new investors including Astral Capital in addition to existing investors including Accomplice, Accel Partners, Charles River Ventures, and Sherpa Capital. Link
Curology, a direct-to-consumer prescription skincare company, raised $15M Series B financing led by Advance Vixeid Partners, with participation from prior investors Sherpa Capital and Forerunner Ventures. Link
Sanofi, a pharmaceutical company and Verily, a division of Alphabet announced plans for $500M investment in diabetes management joint venture Onduo. Link
Apple has acquired Gliimpse, a patient-facing health data aggregator. Link
Sharecare has acquired VR patient education company BioLucid. Link
Baidu launched medical chatbot for doctors and patients. Link
Silicon Valley Bank survey finds big data, AI will have the greatest impact on the healthcare industry. Link

SOME INTERESTING STARTUPS FOUND

Porcelane (2016, San Francisco) – At home dental treatments provider including root canals, crowns, fillings among others. The company has developed a proprietary dental suite which allows the company to put all the facilities of a traditional dental office into a mobile clinic.
Hyperion (2016, Santiago) – Uses AI, wearable device data and user behavioral inputs to deliver refined, custom-made supplements to the user.
Nutra (2016, Los Angeles) – Custom diet and supplement recommendations based on genetic data.

LEADER BOARD – CONSUMER HEALTH TECH

PERSONAL HEALTH MANAGEMENT

ONLINE INFORMATION SEARCH
Medical Content Providers
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.

Social Platforms
PatientsLikeMe (2004, Cambridge, $25M) – Online community for people with medical conditions. Backed by Omidyar Network, CommerceNet and Invus.
Sharecare (2010, Atlanta, $220M) – A social platform that allows people to ask, learn and act upon questions of health and wellness to the experts. Backed by NEV, Welllington, 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.

MONITORING
Meet You (2013, Xiamen, $200M) – Social network for women and a menstruation period tracking app. Backed by SIG China, The Cathay Funds and Matrix Partners China.
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, $65M) – 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
ResApp Health (2014, Perth, $10M, Acq.) – Smartphone-based respiratory diseases diagnosis tools.

THERAPEUTIC SOLUTIONS
Chrono Therapeutics (2004, Waltham, $80M) – 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.
HealthPrize (2009, Norwalk, $7M) – Medication adherence platform based on a reward system. Backed by Mansa Capital.

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, SF, $13M) – Personal health information log book. Backed by NEA, and Catamount Ventures.

HEALTHCARE DELIVERY
DOCTORS
Telemedicine
Chunyu Yisheng (2011, Beijing, $244M) – Telemedicine platform for remote doctor consultation. Backed by BlueRun Ventures, CICC, ICH Group
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, $34M) – 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
We Doctor Group (formerly Guahao) (2010, Hangzhou, $520M) – 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, $224M) – 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
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, Mountain View, $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, $18M) – Online marketplace providing discovery and appointment booking facility for healthcare services. Backed by MTS Health Investors.

HEALTH INSURANCE
Internet-first Insurance providers
Oscar Health (2012, NYC, $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, $27M) – 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, $149M) – 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, $94M) – Mobile app-enabled 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
Caregiver Discovery Platforms
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.
Honor (2014, SF, $62M) – 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, Thrive Capital, 8VC, Syno Capital, and Kapor Capital.
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.

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, $23M) – Online clinical trial enrollment platform and DNA mapping from partnered labs. Backed by Apple Tree Partners.
TrialReach (2008, Richmond, $18M) – 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

Welltok, a platform which provides personalized incentive based Patient engagement services for Population health managers, received $33.7M Series E funding from 14 national and international venture and equity firms and $13M debt facility from Silicon Valley Bank. Link
MD Revolution, a provider of a SaaS-based predictive analytics platform for patient engagement and outcomes improvement, raised $9.7M in Equity Offering. Link
Evidation Health, a provider of data analytics platform to evaluate digital health technologies, closed a $15M Series B funding round led by B Capital Group. Link
Innovu, a provider of cloud-based solutions that uses analytics to help employers, received $1M debt financing. Link
RxREVU, a provider of prescription decision support tool for healthcare providers received $3M funding from Summation Health Ventures & NueCura Partners. Link
HealthMyne, a provider of clinical imaging analytics platform for oncology clinicians and radiologists, received $4.5M Series A round of funding led by Venture Investors and 4490 Ventures. Link
Clarify Health, a provider of a Population Health Management platform to stratify patients based on clinical and non-clinical characteristics and create care plans, received $4.93M Series A financing. Link
iDAvatars, an avatar based patient engagement platform that uses Artificial Intelligence and Natural Language Processing techniques, raised $1.29M funding. Link
Pinscriptive, a provider of an analytics platform that recommends specialty drugs that produce the most effective health outcomes for patients, received $1.8M Seed funding. Link
Axial Healthcare, a cloud-based platform that provides evidence-based clinical support for interventions, patient engagement, risk stratification for narcotic prescribing received $16.5M Series B round of funding led by Oak HC/FT venture growth equity fund. Link
Snap40, a provider of a pre-emptive patient health monitoring solutions using wearables, raised €2M Seed funding. Link
Ray IoT, a provider of wearable and wall mounted monitoring device for monitoring epilepsy and SIDS received $100K Seed funding. Link
KenSci, a provider of a machine learning based predictive analytics platform for risk prediction to healthcare providers, received an undisclosed amount of Seed funding from Microsoft Accelerator. Link
1MData, a provider of a medical information management system and doctor assistant platform, received undisclosed Series A financing. Link

SOME INTERESTING STARTUPS FOUND

MEDAI (2016, Shanghai) – Provides first line AI support system to help medical practitioners to make a diagnosis.
Artificog (2016, Eindhoven) – Offers a SmartKit which is a readily usable smart device specifically designed to diagnose illnesses using AI.

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
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, $227M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Welltok (2009, Denver, $185M) – 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 IT

InstaMed, a provider of payment network solution for healthcare organizations received $50M Series E investment from Carrick Capital Partners. Link
Sharecare, a provider of an online community platform that allows people to discuss various health and wellness topics, received a strategic investment from Swiss Re bringing the company’s total funding to $220M. Link
Welltok, a platform which provides personalized incentive based Patient engagement services for Population health managers, received $33.7M Series E funding from 14 national and international venture and equity firms and $13M debt facility from Silicon Valley Bank. Link
Maestro Health, an employee health and benefits service provider received $59M funding. Link
Seniorlink, a provider of a coaching and collaboration platform for caregivers, raised $7.5M in funding.Link
MD Revolution, a provider of a SaaS-based predictive analytics platform for patient engagement and outcomes improvement, raised $9.7M in Equity Offering. Link
Catalyze, a provider of HIPAA Compliant(health grade) BaaS for healthcare apps, raised $6.5M in a Series B funding round led by Lewis & Clark Ventures, with participation of existing investors, Arthur Ventures, Baird Venture Partners and Chicago Ventures. Link
Core Solutions, a provider of suite solutions of behavioral health EHR, RCM and patient engagement to health and human services industry, raised $3.43M funding. Link
Evidation Health, a provider of data analytics platform to evaluate digital health technologies, closed a $15M Series B funding round led by B Capital Group. Link
Innovu, a provider of cloud-based solutions that uses analytics to help employers, received $1M debt financing. Link
RxREVU, a provider of prescription decision support tool for healthcare providers received $3M funding from Summation Health Ventures & NueCura Partners. Link
HealthMyne, a provider of clinical imaging analytics platform for oncology clinicians and radiologists, received $4.5M Series A round of funding led by Venture Investors and 4490 Ventures. Link
Clarify Health, a provider of a Population Health Management platform to stratify patients based on clinical and non-clinical characteristics and create care plans, received $4.93M Series A financing. Link
ShiftWizard, a provider of SaaS-based workforce management software for healthcare professionals, closed $3M Series A round of funding from Rolling Hills Ventures and Resolute Venture Partners. Link
hCue, a mobile and web-based healthcare service discovery and PHM platform, raised $2M funding. Link
Contessa Health, a provider of care coordination solutions for home-based recovery & bundled payments, received $7M funding. Link
Moxe Health, an EHR integration platform for healthcare providers, raises $5.5M Series A financing in a round led by Safeguard Scientifics. Link
TreVia Digital Health, a cloud-based telemedicine to manage diabetes and for preventative eye health care, received $2.93M debt financing. Link
P.A.S.T, Prescription Advisory Systems & Technology, a software provider for doctors to help treat pain & reduce abuse of controlled substances, received $1.78M fiunancing. Link
iDAvatars, an avatar based patient engagement platform that uses Artificial Intelligence and Natural Language Processing techniques, raised $1.29M funding. Link
Pinscriptive, a provider of an analytics platform that recommends specialty drugs that produce the most effective health outcomes for patients, received $1.8M Seed funding. Link
Axial Healthcare, a cloud-based platform that provides evidence-based clinical support for interventions, patient engagement, risk stratification for narcotic prescribing received $16.5M Series B round of funding led by Oak HC/FT venture growth equity fund. Link
Snap40, a provider of a pre-emptive patient health monitoring solutions using wearables, raised €2M Seed funding. Link
Photon Medical Communications, a medical communication platform for healthcare providers, received $1.29M funding. Link
Docsynk, a provider of RCM and practice management solutions, received $1M Seed Funding from Naya Ventures. Link
Seamless Medical, a provider of registration and patient engagement solutions for healthcare providers, received $4.56M funding. Link
ATH Medical, a provider of medical devices tracking systems for healthcare organizations, received $1.12M funding. Link
Jiseki Health, which connects the healthcare providers with community health care coordinators, received $1.2M funding. Link
Valence Health, a provider of clinical integration and health plan services, was acquired by Evolent Health for $219.4M. Link
Predixion Software, a provider of predictive intelligence solutions, was acquired by Greenwave Systems. Link
RxAnte, a provider of predictive analytics to improve the quality of prescription medication use, has received a strategic investment from UPMC. Link
Convey Health, a provider of healthcare technology and business process outsourcing solutions, was acquired by New Mountain. Link
Pianta, a home healthcare provider marketplace with practice management solution, was acquired by GO-JEK. Link
vCareConnect, a care coordination platform that provides a solution to improve patient engagement and improve care manager productivity, was acquired by Gary Comer (GCI) and owners of Safety Net Connect (SNC). Link
Emmi Solutions, a provider of technology-based solutions to deliver patient engagement and marketing solutions, was acquired for $170M by Wolters Kluwer. Link
Lekhisoft, an enterprise softwares provider for healthcare industry, was acquired by Eli Global for $500K. Link

SOME INTERESTING STARTUPS FOUND

BrainSpec (2015, Boston) – Offers a web-based software platform designed to make MR spectrometry technology accessible to clinicians and researchers.
Symbiosis (2016, Boston) – Uses AI to assist health care providers writing more comprehensible medical notes.
iBeat (2016, San Francisco) – Smartwatch monitoring heart rate continuously and providing emergency response alerts.

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
Accolade (2007, Pennsylvania, $163.5M) – Provides consumer healthcare engagement and influence solution for large self-insured employers and payer organizations. Backed by Mckesson, Carrick Capital Partners, Com Cast Ventures.
MindMaze (2012, Lausanne, $118.5M) – Develops interfaces for neuro-rehabilitation, game training, and 3D imaging, using VR/AR and neurophysiological recording technologies.

Medication Adherence
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.

Care Coordination
Remedy Partners (2006, SF, $95M) – Enables healthcare providers in developing and operating patient-centric episodic payment programs. Backed by Bain Capital ventures.
PatientSafe Solutions (2002, San Diego, $88.5M) – Provides smart point-of-care mobile solutions and innovating technologies enabling accountable care for healthcare organizations. Its flagship product, the PatientTouch System, delivers measurable safety and quality improvement by making care team workflows streamlined.

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.
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.
EarlySense (2004, Tel Aviv, $85M) – Developed a sensor that is placed under the mattress and monitors body vitals as well as bed entries and exits, patient motion, and quality of sleep eliminating the need for regularly manually checking the patients in constant care. Backed by Pitango Capital Ventures and JKB Capital.
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.

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
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
Kareo (2004, Irvine, $137M) – Provides a SaaS-based practice management system to healthcare providers. Backed by Escalate Capital, OpenView, SVB Financial Group, Montreux Equity Partners, Silver Lake, Greenspring Associates, Western Technology Investment, Stripes Group.

Practice Management
We Doctor Group (2010, Hangzhou, $521M) – We Doctor Group, earlier Guahao 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, $227M) – 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
Livescribe (2007, Oakland, $156M, Acq) – Provides smart CPOE solution platform for healthcare providers. Backed by Qualcomm, Greenhouse Capital Partners, Scale Venture Partners, Double Bottom Line Investors, Lionhart, TransLink Capital, Keating Capital, Presidio Ventures, Crosslink Capital, DBL Partners, Aeris Capital, VantagePoint Capital Partners. Acquired by Anoto in Nov 2015.
Awarepoint (2002, San Diego, $88M) – Offers Location-as-a-Service for healthcare organizations to facilitate asset management and tracking. Backed by KPCB, Cardinal Partners, SVB Financial Group, Venrock, Heritage Group, Icon Ventures Jafco Ventures, Avalon Ventures, Avalon Ventures, Top Tier Capital Partners, New Leaf Ventures.
Phreesia (2005, NYC, $76M) – Provides a patient check-in platform for healthcare providers. Backed by BlueCross BlueShield Venture Partners, Escalate Capital, Ascension Ventures, Ascension Ventures, LLR Partners, Polaris Partners, Sandbox Industries, Long River Ventures, HLM Venture Partners, VantagePoint Capital Partners.
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.

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.
MedSolutions (2002, Tennesse, IPO) – Provides Intelligent Cost Management, that encompasses utilization management, capturing savings, reducing treatment costs, and supporting diagnostic accuracy.
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
Welltok (2009, Denver, $151M) – Platform which provides personalized incentive based patient engagement services for Population health managers. Backed by Bessemer Venture Partners, Emergence Capital Partners, InterWest Partners, New Enterprise Associates (NEA), Qualcomm Ventures, Miramar Digital Ventures, Okapi Venture Capital, Georgian Partners, EDBI and Flare Capital Partners.
Virginpulse (2004, Framingham, $92M) – Provides hub of tools that foster employee engagement and wellness.Backed by Insight Venture Partners and Virgin Group.

Healthcare Delivery
Imaginehealth (2006, Midvale, $36M) – 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, $58M) – 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.
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, $65M) – Pharmacy Management solutions to pharmacies. Backed by OVP Ventures, Align Investments, Ignition Partners
MedAvail (2012,Ontario, $36M) – Offers a self-service kiosk solution called the MedAvail MedCenter, automating the dispensing of prescription drugs and Over-The-Counter medications. Backed by Walgreens, Redmile Group, Adage Capital.
Millennium Pharmacy Systems (2003, Oakbrook, $62M) – Offers Just-In-Time dispensing with e-prescription, administration, documentation, and reporting. Backed by Essex Woodlands, Boulder Ventures, ATEL Capital Group, CHL Medical Partners, Ascension Ventures, and HealthInvest Equity 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 Healthcare IT feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – DIAGNOSTICS

Veritas Genetics, which offers personal genomics services for under $1000, closes $30M Series B round. Link
LPixel, artificial intelligence-based image analysis tools developer, raises US$7 million in Series A round. Link
QuantuMDx, focused on developing a handheld molecular laboratory, raises £2.0 Million in series A round. Link
STAT-Diagnostica, developer of the DiagCore integrated diagnostic system, closes an extension of Series C round with Siemens Ventures as a new investor. Link
Helix, Illumina’s personal genomics spin-out, receives funding from KPCB; also announces partnerships with National Geographic and Mount Sinai. Link; and with Invitae Link
uBiome announces Series B investment by 8VC; launches clinical microbiomics screening test SmartGut as well. Link
PierianDx acquires Tute Genomics, which develops cloud-based solution for genome guided medicine. Link
IBM Watson enters into a partnership with German hospital system Rhön -Klinikum AG for a pilot project on rare disease diagnosis. Link
Roche receives approval for Ventana’s PDL1 companion diagnostic assay for Tecentriq. Link
NantHealth’s Cancer GPS Test scores reimbursement from Horizon Blue Cross Blue Shield. Link
The Blood Profiling Atlas project announced under the Cancer Moonshot Project; aims to develop common standards for liquid biopsies. Link

SOME INTERESTING STARTUPS FOUND

Molecular Stethoscope (2015, San Diego) Develops diagnostic tests for circulating cell-free RNA. Co-founded by Eric Topol, director of Scripps Translational Science Institute.

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.

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.
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
Assurex Health (2006, Mason, $92M, Acq.) – Develops pharmacogenomics platforms for neuropsychiatric disorders. Backed by Mayo Clinic, Claremont Creek, Allos Ventures, Sequoia, GE Capital, jVen Capital.
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.
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 – LIFE SCIENCE – SOFTWARE

IDbyDNA, a precision medicine company offering DNA search engine to identify pathogens for infectious disease identification has raised $9 million in Series A financing round lead by ARTIS Ventures, with additional investments from ARUP Laboratories and other private investors. Link
Science 37, a technology-enabled clinical research company which offers mobile applications that allow patients to participate in trials and expand clinical trial access has raised $31 million Series B financing led by Redmile Group, with further funding from Series A lead investors Lux Capital and dRx Capital, as well as a strategic investment from Sanofi Genzyme BioVentures. Link
Benchling, a biotech company which offers IT software solutions for life sciences research and collaboration has raised $7 million in growth funding round led by Thrice Capital and was joined by Andreessen Horowitz and a number of angel investors, including Y Combinator partner Geoff Ralston, Sequoia partner Matt Huang and CXO of Tencent David Wallerstein. Link
4G Clinical, a clinical trials software company focused on simplifying and accelerating drug development process has raised $5 million in Series A1 financing led by Schooner Capital. Link
Lab7 Systems, a provider of workflow management solutions for life sciences has raised $3 million in Series A funding round for platform growth and commercial expansion. Link
Complion, a developer and provider of software solutions for clinical trial regulatory documentation has raised $2.9 million in Series A funding by JumpStart from its NEXT fund. Link
Cyclica, an in silico drug discovery company that offers a predictive analytics platform for drug discovery has raised $2.4 million in Series A1 financing round led by GreenSky through the GreenSky Accelerator Fund I, LP, with additional investment from China Canada Angel Alliance, and the family of Mr. Anthony Griffiths. Link
Ranomics which is building a database of rare genetic variants using wet lab experimental pipeline to map all genetic variants and catalogs the functionality of each variant using data modelling and statistical analysis has raised $1.2 million in Seed funding. Link
Immortagen which develops AI-based NGS solutions for cancer diagnostics has raised an undisclosed amount in Series A equity financing round. It previously received funding from the Iowa Economic Development Authority and the University of Iowa GAP Commercialization Fund. Link
GQ Life Sciences (formerly GenomeQuest), a life science information and search company has been acquired by Aptean, a provider of enterprise software solutions. Link
PierianDx, a company operating in field of clinical genomic analysis, interpretation and reporting, has acquired Tute Genomics, a genomics software company offering solutions for precision and genome guided medicine. Link
Instem, a provider of IT solutions for healthcare market has acquired Notocord which provides software solutions for data acquisition and analysis in preclinical studies and is a recognized leader in cardiovascular, respiratory, electrophysiology and nervous system research areas. The acquisition is a part of Instem’s mission to consolidate and harmonize key application areas that are helping customers streamline their research and development processes. Link

SOME INTERESTING STARTUPS FOUND

Block Pharma (2016, Paris) – Company offering solutions to counter fakes in pharmaceutical supply chain using blockchain and cryptographic techniques.
Drug Dosing Predictions (2016, Lyon) – Offers online tool that uses an in-vivo static mechanistic model to predict the pharmacokinetic interactions mediated by P450 cytochromes with substrates and inhibitors/inducers, and evaluate the impact of polymorphism and cirrhosis data monitoring and source data verification for clinical trials.
Pharmaceutical Artificial Intelligence (2016, Bethesda) – It is developing a multi-modal input drug discovery engine using deep learning algorithms.

LEADER BOARD – LIFE SCIENCE – SOFTWARE

Leader Board – Life Sciences – Software
Bioinformatics
Metabolon (2000, Durham, $77.42M) provides platforms and informatics systems for biomarker discoveries and diagnostic tests and also offers metabolomics research services. Backed by Aurora Funds, Sevin Rosen Funds, Camden Partners Holdings, Essex Woodlands, HHVC, Sumitomo Corp, Syngenta, Alexandria Real Estate Equities, ATEL Capital Group, Fletcher Spaght, The Trelys Funds, Fulcrum Financial Group, and Crossroads Capital.
Simulations Plus (1996, Lancaster, Public) develops absorption, distribution, metabolism, excretion, and toxicity (ADMET) modeling & simulation software for cheminformatics and drug discovery and provides consulting services.
Inpharmatica (1998, Saffron Walden, $75M, Acq) offers predictive informatics solutions and services for medicinal chemistry and ADME to help improve the speed and productivity of drug discovery. It is also involved in research of drugs and biomarkers. Backed by Vertex Ventures, Advent Venture Partners, Gimv, Gilde, 3i Group, Abingworth, Unibio, and REV. Acquired by Galapagos in Dec 2006.
Schrodinger (1990, New York, $52M) develops software solutions for computational chemistry, research and drug discovery. Backed by Cascade Investment.

Imaging Solutions
Aperio Technologies (1999, California, $47.6M, Acq) offers digital pathology solutions including image management, sharing and analysis solutions. Backed by BlackRock, Advanced Technology Ventures, HLM Venture Partners, and Galen Partners. Acquired by Leica Microsystems in Aug 2012.
Parexel (1983, Massachusetts, Public) is a clinical research organization which offers clinical trial management solutions and services. Backed by Capvis.
inviCRO (2008, Boston, $45.8M) provides advanced data analysis services and software in the field of preclinical imaging research.
Media Technologies (2002, Valbonne, $53.66M, Public) offers medical imaging software and services for oncology clinical trials, cancer screening, and clinical practice. Backed by NEA, Draper Fisher Jurvetson, Auriga Partners, Abingworth, Omega Funds, Idinvest Partners, National Technology Enterprises Company, Kuwait Life Sciences Company (KLSC), and AGF Private Equity.

Clinical Trial Solutions
Medidata (1999, New York, $66.18 M, Public) provides cloud based solutions for clinical trial management and analytics. Backed by Insight Venture Partners, Milestone Venture Partners, Stonehenge Growth Equity, Silicon Alley Venture Partners, The Lambda Funds, State Street, and Alpha Venture Partners and went public in June, 2009.
Parexel (1983, Massachusetts, Public) is a clinical research organization which offers clinical trial management solutions and services. Backed by Capvis.
Datatrak International (1991, Cleveland, Public) offers clinical enterprise solutions which include tools for electronic data capture, trial design, trial supply management and project management.
Comprehend (2010, Palo Alto, $30.8M) provides clinical data reporting and visualization tools for clinical trials. Backed by Y Combinator, Lightspeed Venture Partners, Sequoia Capital, SV Angel, Menlo Ventures, Crosslink Capital, Quotidian Ventures, Ulu Ventures, Life Sciences Angel Network, and Easton Capital.

GRC Solutions
Metric Stream (1999, Palo Alto, $123M) provides solutions for quality management, regulatory compliance, risk management, and corporate governance. Backed by Goldman Sachs, KPCB, Integral Capital Partners, Gold Hill Capital, Sageview Capital, Saints Capital, Kaiser Permanente Ventures, Blade Ventures, Montage Capital, and The Camelot Group.
Virtify (2004, Lexington, $23.5M) provides enterprise content and compliance management solutions for the life sciences industry. Backed by Tudor Growth Equity, Blue Cloud Ventures, and Spring Lake Equity Partners.
Qumas (1994, Cork, $10M, Acq) provides Compliance and Quality Management Software for Life Sciences including solutions for document management, process management and submission management. Backed by General Catalyst Partners, Fidelity Ventures, Delta Partners, ACT Venture Capital, Fidelity Growth Partners Europe, Kernel Capital, and Eight Roads Ventures. Acquired by Accelrys in Dec, 2013.

Workflow Automation Solutions
Emerald Therapeutics (2010, San Francisco, $34M) has developed Emerald Cloud Laboratory that scientists can remotely access via the internet and can perform experiments using automated robotics. Backed by Founders Fund, Western Technology Investment, and Schooner Capital.
Quartzy (2009, Palo Alto, $28.8M) offers web-based platform for lab management and supports collaboration, inventory and order management. It also hosts catalogs from vendors for lab consumables. Backed by Y Combinator, Lerer Hippeau Ventures, SV Angel, Khosla Ventures, Washington U., Silicon Badia, Reinmkr Satsang, A Capital, Life Science Angels, Science House, Accelerator Tech, Lerer Hippeau Ventures, and Eminence Capital.

Market Intelligence
IMS Health (1954, Danbury, Public) offers a suite of market intelligence products and services which are aimed at improving productivity and healthcare delivery of healthcare organizations.
Zephyr Health (2011, San Francisco, $33.5 M) offers Zephyr Illuminate, an Insights-as-a-Service platform designed to help companies improve product life cycle performance with customer and market insights and can be used for collaboration, targeting and segmentation, and planning. Backed by KPCB, Jafco Ventures, and Icon Ventures.

Sales and Marketing
Veeva Systems (2007, San Francisco, $ 4 M, Public) offers Content Management, Customer Relationship Management, Customer Master data management and related software and services to the life sciences industry. Backed by Lead Edge Capital, and Emergence Capital. Went public in October 2013.
Aktana (2008, San Francisco, $25 M) offers sales force solutions and customer relationship management solutions for life sciences industry. Backed by Safeguard Scientifics, and Starfish Ventures.

Operations Management and Supply Chain
Tracelink (2009, Woburn, $25.5 M) offers an online platform for global distribution, visibility and traceability of pharmaceuticals to limit the sale of counterfeit drugs. Backed by FirstMark Capital, Volition Capital, and F-Prime Capital Partners.
Bluechiip (2003, Scoresby, Public) provides wireless tracking solutions for bio samples and other products. Went public in Oct, 2010 via a reverse takeover by Sofcom Limited.

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 Life Sciences – Software feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

St. Jude Medical received FDA approval for its Infinity DBS and directional leads to treat Parkinson’s disease and essential tremor. Link
Ra Medical received CE Mark approval for both its Dabra artherectomy catheter system and its Pharos excimer laser designed to treat skin diseases. Link
Medrobotics received CE Mark approval for its Flex robot-assisted surgery device, expanding its indication to include colorectal procedures. Link
Teleflex received FDA 510(k) clearance for its Arrow Midline with Chlorag+ard technology. Link
Medtronic received FDA approval for MRI compatibility for their full suite of cardiac rhythm and heart failure device. Link
Spineology received FDA 510(k) clearance for its Rampart Duo interbody fusion system. Link
Propeller Health received an FDA clearance for the use of its digital respiratory disease management system with GlaxoSmithKline’s dry powder inhaler, Ellipt. Link
Neural Analytics received FDA clearance for its fully portable ultrasound system for the diagnosis of brain disorders. Link
TytoCare received FDA 510(k) clearance for its digital stethoscope. Link
St. Jude Medical received FDA 510(k) clearance for its PressureWire X guidewire fractional flow reserve measurement system. Link
CollPlant, Israel-based maker of regenerative tissue, files for $25M IPO. Link
Terumo has agreed to buy a part of the vascular business from Abbott and St. Jude Medical (the subject of a pending acquisition by Abbott) for about $1.12B. Link
Relievant Medsystems, a developer of Intracept intraosseous nerve ablation system, raised $36M in a funding round led by NEA. Link
Enable Injections, a developer of wearable large volume injectors, raised $30M in a Series A round led by ORI Healthcare Fund. Link

SOME INTERESTING STARTUPS FOUND

NG:Safe (2016, Cambridge) – A bedside diagnostic test that ensures correct placement of nasogastric feeding tubes.
Instent (2014, Palaiseau) – A smart guidewire with sensors that provide precise information on clot composition.

LEADER BOARD – MEDICAL DEVICES

Cardiovascular
TriVascular (1998, Santa Rosa, IPO) – Medical devices for endovascular aortic repair. Backed by NEA, Pinnacle Ventures, Greenspring Associates, Kaiser Permanente Ventures, ABS Ventures, MPM Capital, Delphi Ventures, Kearny Venture Partners, De Novo Ventures, Deerfield Capital Management, Helix Ventures, Deerfield, Permal, Pinnacle Ventures, and Rock Springs Capital. Went public in 2014.
Cardiovascular Systems (1989, Saint Paul, IPO) – Devices treating peripheral and coronary vascular disease. Backed by Silicon Valley Bank, Mitsui Global Investment, TPG, Healthcare Ventures, Lumira Capital, and Partners for Growth. Went public in 2006.

Orthopedics
ConforMIS (2004, Bedford, IPO) – Personalized, partial knee resurfacing implants to treat knee osteoarthritis. Backed by Aeris Capital, and Centurion. Went public in 2015.
Amedica (1996, Salt Lake City, IPO) – Spinal implants based on silicon nitride ceramic technology platform. Backed by Morningside Ventures, Zions Bank, Oxford Finance, venBio Partners, Hillhouse Capital, Epidarex Capital, and AJU IB Investment U.S. Went public in 2014.

Ophthalmology
Glaukos (2001, Laguna Hills, IPO) – Developed Micro-Invasive Glaucoma Surgery implant to treat glaucoma. Backed by Orbimed, Meritech Capital, InterWest Partners, Frazier Healthcare Partners, Versant Ventures, Novo A/S, Domain Associates, Fjord Ventures, and Montreux Equity Partners. Went public in 2015.
Ocular Therapeutix (2006, Bedford, IPO) – Develops Ophthalmic therapeutic products by using hydrogel technology. Backed by Polaris Partners, Ascension Ventures, Versant Ventures, SV Life Sciences, Baxter, Pinnacle Ventures, and Ascension Ventures. Went public in 2014.

Diabetes Mellitus
Senseonics (1996, Germantown, IPO) – Implantable system for continuous glucose monitoring. Backed by NEA, Rho Capital Partners, Greenspring Associates, Rho Ventures, Anthem Capital Management, Abingworth, Delphi Ventures, Healthcare Ventures, and Anthem Capital. Went public in 2016.
Tandem Diabetes (2008, San Diego, IPO) – Device for continuous glucose monitoring and manual insulin delivery. Backed by TPG, HLM Venture Partners, Domain Associates, Delphi Ventures, and Kearny Venture Partners. Went public in 2013.

Oncology
ViewRay (2004, Oakwood, IPO) – MRI-guided radiation therapy technology for cancer. Backed by Fidelity Investments, Orbimed, Siemens, ITOCHU Technology Ventures, Fidelity Growth Partners Europe, HTGC, Fidelity Biosciences, Kearny Venture Partners, Aisling Capital, Montrose Capital Partners, Xeraya Capital, CRG, and F-Prime Capital Partners. Went public in 2015.
GeneNews (1998, Markham, IPO) – Blood-based molecular diagnostics. Went public in 2001.

Neurology
Nexstim (2000, Helsinki, IPO) – Noninvasive brain stimulation for rehabilitating stroke patients. Backed by Capricorn Venture Partners, Suomen Teollisuussijoitus, Life Sciences Partners, Lundbeckfond Ventures, Healthcap, Finnish Industry Investment, Lundbeckfonden, and Healthcap. Went public in 2014.
Vycor Medical (2005, Boca Raton, IPO) – Minimally-invasive surgical devices & therapies for neurological disease. Went public in 2009.

Women’s Health
Bovie Medical (1970, Clearwater, IPO) – Manufactures electro surgical products for gynaecologic applications. Backed by Great Point Partners. Went public in 2000.
Viveve Medical (2005, Sunnyvale, IPO) – RF therapy for vaginal laxity. Bridge Bank, 5AM Ventures, GBS Venture Partners, Wexford Capital, Square 1 Bank, RTW Investments, and Stone Pine Capital LLC. Went public in 2016.

Pulmonology
Inogen (2001, Goleta, IPO) – Portable Oxygen Concentrator for Oxygen Therapy. Backed by Western Technology Investment, Avalon Ventures, Versant Ventures, Novo A/S, Arboretum Ventures, and Accuitive Medical Ventures. Went public in 2014.
Aerogen (2000, Galway, IPO) – Develops Aerosol drug delivery devices. Backed by J.P. Morgan, US Venture Partners, InterWest Partners, Western Technology Investment, Invesco, Wheatley Partners, Viridian Investment Partners, Western Development Commission, and Healthcap. Went public in 2000.

Gastroenterology
EndoChoice (2008, Alpharetta, IPO) – Device for gastrointestinal conditions. Backed by Sequoia Capital, Silicon Valley Bank, Accelmed, Council Capital, MidCap Financial, Deerfield, River Cities Capital Funds, Agate Medical investments, Rock Springs Capital, and Envest Private Equity. Went public in 2015.
Mauna Kea Tech (2000, Paris, IPO) – Endomicroscopy devices for Gastrointestinal and Respiratory tracts. Backed by Seventure Partners, Psilos, and Finadvance. Went public in 2011.

Dental & Maxillo-facial
Align Technology (1997, San Jose, IPO) – Develops Invisalign clear aligners and other dental products. Backed by KPCB, Questmark Partners, ABS Ventures, Oak Hill Capital Partners, The Carlyle Group, and Tekla Capital Management. Went public in 2001.
Biolase (1987, Irvine, IPO) – Develops Dental lasers and scanning devices. Backed by Oracle Investment Management. Went public in 2003.

ENT
Entellus Medical (2006, Plymouth, IPO) – Suite of products for treating chronic sinusitis. Backed by Greenspring Associates, Split Rock Partners, Essex Woodlands, SV Life Sciences, Covidien and Oxford Finance. Went public in 2015.
Intersect ENT (2003, Menlo Park, IPO) – Develops drug releasing implant for sinusitis. Backed by Norwest Venture Partners, KPCB, and US Venture Partners. Went public in 2014.

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

Expression Health provides business intelligence analytics for healthcare organizations and providers, raised $315K in seed funding. Link
12Sigma, an AI based deep-dimensional tool for medical diagnosis, received $1.5M seed funding from Iterative capitals and Monternet Holdings. Link
LPixel develops image analysis tools using artificial intelligence, closed a $7M Series A funding round. Link
Huiyihuiying, a provider of artificial intelligence based medical image management and consultation platform, received an undisclosed amount of funding in the Series A round. Link
Evolent Health, a public company offering clinical and operational technology solutions to healthcare organizations received $11M post-IPO financing. Link
Recondo Tech, connects providers, payers, and patients using cloud computing solutions throughout the healthcare revenue cycle received $16M funding from Lemhi Ventures. Link
Health Data Intelligence, a provider cloud-based analytics, and population health management platform was acquired by TrendShift, a SaaS-based Decision Analytics, and Risk Assessment company. Link
Stanson Health, a clinical Decision Support at the Point of Care, received $9.2M Series B funding. Link

SOME INTERESTING STARTUPS FOUND

Array Advisors (2016, Pennsylvania) – Offers a SaaS platform that helps in taking strategic decisions using empirical data from both public and proprietary sources
CareCDS (2016, Michigan) – Offers a Cloud-based pain management CDS system for healthcare providers.

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 – HEALTHCARE IT

Newtopia, a provider of a SaaS platform for employers and insurers, providing personalized coaching for preventive care, to at-risk individuals received $10M Series A investment from Bloom Burton & Co. Link
Brainomix, a provider of a Medical imaging software to automatically interpret brain CT scans, received an investment of $1.83M in a seed funding round led by Chimera Partners and Parkwalk Advisors. Link
12Sigma, an AI based deep-dimensional tool for medical diagnosis, received $1.5M seed funding from Iterative capitals and Monternet Holdings. Link
TrakCel, a suite of integrated technologies to orchestrate the cell therapy supply chain received an undisclosed amount of funding in the Series A round from Telegraph Hill Partners. Link
surgiQ, a health tech multi-modal platform managing waiting lists, raised US$235k in seed funding led by Wolsey Ventures with participation from Widening, Aitek and Angels For Innovation. Link
NexHealth, a provider of a SaaS-based appointment booking platform, raised $1.5M in seed funding from iSeed Ventures and DeNA Ventures. Link
Healcloud, a cloud-based EHR platform which includes appointment management and patient portal modules raised $1.1M led by Wallis Asset Management’s Venturio Fund. Link
Health Data Intelligence, a provider cloud based analytics and population health management platform was acquired by TrendShift, a SaaS-based Decision Analytics and Risk Assessment company. Link
Propeller Health, a Mobile platform and sensor for respiratory health management, closed a $21.5M Series C funding round from 3M Ventures, S.R. One, Limited and Hikma Ventures, and existing investors Safeguard Scientifics and Social Capital. Link
Careport Health, a Care Coordination platform targeting post-acute care was acquired by AllScripts. Link
Smartlink Mobile Systems, a Mobile application for patient-doctor communication and e-commerce transactions received $2.5M funding in the second tranche of their seed funding to take the total funding to $5.3M. Link
Wellthy, an online platform to guide families and patients with long term health conditions, received $2M seed funding with investments from Hearst, Sweet Capital, Athenahealth founder Jonathan Bush, HBS Angels and Aspiration Growth Ventures. Link
Carevive, a provider personalized cancer care plans received $7.2M Series B fudning from Boston-based HLM Venture Partners and Long River Ventures. Link
Hixme, a technology leader in the new era of worker-owned benefits, closed $14.1 Million Series B Funding, led by Propel Venture Partners, BBVA’s Outside Venture Fund. Link
eMindful, a Mind-body wellness live interactive online classrooms, raised $6.85M Series B funding led by LFE Capital, with participation from existing investors One Earth Capital and the Bridge Builders Collaborative, as well as new investors New Ground Ventures and Fairground Capital. Link
RespondWell, a a telerehabilitation platform was acquired by Zimmer Biomet Holdings. Link
HealthMEDX,Suite of software solutions including home care, long-term care, and rehab software solutions was acquired by Netsmart Technolgies. Link
Cricket Health, an early stage healthcare technology company based focused on Chronic Kidney Disease, received $2.5M in seed fudning led by First Round Capital, BoxGroup, Seven Peaks Ventures, Nexus Venture Partners, and NFX Guild. Link
Evolent Health, a public company offering clinical and operational technology solutions to healthcare organizations received $11M post IPO financing. Link
MedMinder Systems, Smart pill box for monitoring medication adherence, raised $1.35M seed funding from Trinnovate Ventures. Link
CoheroHealth, a respiratory care platform that enables adults and kids with respiratory illness to actively engage in their own care, received $9M Series A round funding from Three Leaf Ventures, Zaffre Investments, GIS Strategic Ventures,Heitkamp & Thumann Group and P5 Health Ventures.Link
PeerWell, a mobile app designed to provide assistance to users in getting ready for joint replacement surgery received $2.1M Seed funding led by XSeed Capital. Link
Catapult Health, provides worksite preventive checkup services, raised $10M in Series B round of funding from UCHealth. Link
Anzu Medical, a Patient record exchange & collaboration platform for healthcare providers, received $425K funding. Link
Doctible, a web portal which offers healthcare discovery based on quality, price and location received $2M Seed Funding led by Bootstrap Incubation with participation from Tech Coast Angels and former employees from Apple, Facebook, and Google. Link
Practice Fusion, a provider a free, web-based Electronic Health Record (EHR) system to physicians received an undisclosed funding from ORIX Growth Capital. Link
CareCloud, a provider of revenue management and health IT platform raised $31.5M in Series C round of funding from The PNC Financial Services Group, Inc., First Data Corporation, and Blue Cloud Ventures. Link
Sonitor Technologies, a provider of high-definition location and tracking through an Ultrasound and Wi-Fi based real-time locating system (RTLS) technology raised $8M in Series B round of funding. Link
Ortho Kinematics, a spine diagnostics company which provides spine motion analysis and diagnostic services raised $6.5M in debt financing. Link
Stasis Labs, a provider of a vital signs monitor by each patient bed and an Android tablet for each doctor raised $5M in seed funding led by RTP-HC, the healthcare-focused investment arm of RTP Ventures, with participation from Wonder Ventures, Techstars Ventures, and others. Link
CarePredict, a predictive Analytics platform with wearable sensors for senior citizens raised $2.48M in seed funding. Link
analyticsMD, a provider of workflow optimization and resource utilization tools for healthcare providers raised $13M in Series A round of funding from Norwest Venture Partners and Mayfiel. Link

SOME INTERESTING STARTUPS FOUND

Symptomedic (2016, California) – Improves proper diagnosis by taking patient’s symptoms and turns them into a visual timeline which helps doctors provide more accurate diagnosis.
Infervision (2016, Beijing) – Uses image recognition algorithm to provides physicians with the right diagnosis
DynamiCare Health (2016, Massachusetts) – Offers chronic disease management using patient-generated behavioral data and evidence-based technologies.

LEADER BOARD – HEALTHCARE IT

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 – FITNESS AND WELLNESS

Zwift, a maker of immersive indoor cycling software, raised $27M in a Series A funding round led by private equity firm Novator Partners. Link
Hotbody, a fitness community and an app to remotely consult professional coaches, raised $15M in a Series B funding round led by Haodao Capital. Link
Mio Global, maker of wrist-based heart rate technology, raised $15M in Series B funding led by Hydra Ventures. Link
Moov, a wearable fitness tracking device, raised $12M in Series B funding round led by Mangrove Capital. Link
GuavaPass, a Singapore-based fitness class platform, raised $5M in Series A funding led by Vickers Venture Partners. Link
Kinematix, a Portugal-based wearable device for runners, closed a $2.2M funding round from Portugal Ventures. Link
Wearable technology startup, Actofit Wearables, raised $750k in a pre-Series A round of funding led by Next Orbit Ventures Fund and angel investor Nilesh Jain. Link
Peerfit, a Tampa-based personalised wellness platform, received $400k in funding from Florida Funders. Link
Mumbai-based fitness and wearable band maker, GOQii, secured an undisclosed amount of funding from Ratan Tata. Link
UAE-based investment firm, Gulf Capital, acquired a controlling stake in Sporter.com, an online retailer of sports and nutrition supplements. Link

SOME INTERESTING STARTUPS FOUND

Coyotta (2015, Tel Aviv, Undisclosed) – A smart playground platform that develops interactive audio-visual fitness devices which detects contact and motion.

LEADER BOARD – FITNESS AND WELLNESS

Physical Health – Monitoring – Wearables
Fitbit (2007, SF, IPO) – Wireless wearable fitness tracker to track a person’s daily activities. Went public in 2015.
Jawbone (1999, SF, $1B) – 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.

Physical Health – Monitoring – Non-Wearables
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 – Fitness Tracking 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 – Aggregators – Fitness Centres
ClassPass (2011, 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 – Aggregators – 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 – Remote Coaching Solutions
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, $14M) – 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.

Physical Health – Commerce
Lighter Living (2004, Cambridge, $3.1M) – Prdoucts & Information to manage body changes. Backed by Flybridge.

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 – TELEMEDICINE

Fruit Street Telehealth Raises $3M and Expands Oversubscribed Series A to $4M of Equity Financing. Link
Indofash, an ethnic marketplace, has raised Rs 1 crore ($145k) in angel funding from Shekhar Sahu and Nitesh Pant, co-founders of telemedicine company HealthcareMagic. Link
Third Eye Health, a telemedicine startup that has focused on applying its platform to telestroke and other use cases, has raised just over $1 million, according to a Form D filing. Link
Encounter Telehealth, an Omaha, Nebraska-based telepsychiatry startup that wants to improve access to psychological services for underserved communities, is raising roughly $1 million, according to a Form D filing on the U.S. Securities Exchange Commission’s website. Link
Propeller Health, a mobile platform and sensor for respiratory health management, raised $21.5M in Series C round of funding from new investors 3M Ventures, S.R. One, Limited and Hikma Ventures, and existing investors Safeguard Scientifics and Social Capital. Link
PlushCare, the direct-to-consumer telehealth company, raises $8M in Series A financing led by GGV Capital. Link
Avizia, a telehealth solution provider, raises additional $6M to Close $17M Series A funding round led by HealthQuest Capital. Link
Smartlink Mobile Systems, a mobile application for patient-doctor communication and e-commerce transactions, raises $2.5M in Seed funding round. Link
Virtudent, a teledentistry solution, raised $2M in Seed round of funding led by Sparta Group, the investment office of Desh Deshpande. Link
Third Eye Health, a telemedicine startup that has focused on applying its platform to telestroke and other use cases, has raised over $1 million. Link
Satchel Health, a company that offers telehealth and remote monitoring solutions for post-acute care providers, raised $1M in Angel round of funding led by NueCura Partners. Link

SOME INTERESTING STARTUPS FOUND

HealSpace (2015, Hyderabad) – HealSpace is developing healthcare AI companion which checks the symptom of patients and let them speak to the right doctor. The company will be adding features like patient health record storage, medical insights for doctors for their clinical decision making in the future.

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 July 2015.
Ping An Good Doctor (2014, Shenzhen, $500M) – Online platform to consult doctors remotely.
Chunyu Yisheng (2011, Beijing, $244M) – App that lets users remotely consult with physicians. Backed by Blue Run Ventures, China International Capital Corporation Limited (CICC), Rushan Investment Management and Pavilion Capital.
Specialists On Call (2004, Reston, $182M) – Telemedicine services for Tele-Neurology, Tele-Psychiatry and Tele-Intensivist. Backed by Warburg Pincus.
American Well (2006, Boston, $123M) – Telehealth platform that connects users with doctors. Backed by Inventure Partners.
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, $106M) Remote cardiac rhythm monitoring device. Backed by Mohr Davidow Ventures.
Watermark Medical (2008, Boca Raton, $53M) 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, $43M) Platform for healthcare providers to predict and prevent chronic disease via behavior change. Backed by Jump Capital.
Glooko (2010, Palo Alto, $36M) Diabetes management solution for patients, health systems, and payer groups. Merged with Diasend. Backed by Social Capital, Samsung Ventures, Cannan Partners and Medtronic.
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, $64M) 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 feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – DIAGNOSTICS

Genalyte raises $36M round from Khosla Ventures for its fingerprick-based lab-on-a-chip instrument. Link
Complete Genomics spin-out Genos Research closes $6M Series A round from NantOmics. Link
Cardiac imaging startup Genetesis raises $1.2M in seed funding. Link
Microbiome diagnostic startup Genetic analysis receives equity investment and signs a partnership with Bio-rad. Link
Illumina spin-out Grail Bio plans to raise $1.7B round to fund a large scale clinical trial in the UK that will involve 500,000 people. Link
Bain Capital launches its first dedicated life science fund. Link
Abbott receives CE mark for its iSTAT Alinity, a handheld blood testing platform. Link
Genomics startup N-of-One partners with Philips; to focus on clinical analysis, annotation and interpretation of cancer cases. Link
Good Start Genomics launches its saliva-based genomics test for cystic fibrosis and spinal muscular atrophy on Amazon. Link
Intel and the Broad Institute enter into a $25M partnership to create and share tools and infrastructure that support the integration and processing of genomic data. Link

SOME INTERESTING STARTUPS FOUND

Hide and Seq (2016, Ramat Gan) Develops predictive assays to predict personalized therapies for cancer. Has an ongoing collaboration with AbbVie.

LEADER BOARD – DIAGNOSTICS

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

Medtronic received FDA approval for the Claria MRI Quad Cardiac Resynchronization Therapy Defibrillator SureScan device for patients with heart failure. Link
Invendo Medical received CE mark for its single-use colonoscope. Link
NeuroMetrix received CE Mark approval for its Quell wearable pain relief device. Link
Creavo Medical received CE mark approval for its battery-powered, portable scanner to assess heart problems in patients with chest pain. Link
Medtronic received FDA 510(k) clearance for an expanded indication for its Solitaire stent retriever, to be used as an initial treatment for acute ischemic stroke. Link
Xenocor received CE Mark approval for its single-use Xeonoscope laparoscopic systems. Link
Xtant Medical received expanded FDA clearance for its Irix-C cervical cage, now cleared for use with autografts or allografts. Link
Spectranetics received CE Mark approval for a smaller size of its Stellarex drug-coated balloon. Link
LimFlow received CE Mark approval for its percutaneous LimFlow system designed for venous arterialization of the lower limbs. Link
Kyocera Medical received FDA 510(k) clearance for its Initia total hip implant system. Link
BrightWater Medical received FDA 510(k) clearance for its ConvertX nephroureteral stent system designed for treating ureteral obstructions. Link
Teleflex to acquire Vascular Solutions, a developer of devices for minimally invasive coronary and peripheral vascular procedures, for $1B. Link
Edwards Lifesciences to acquire Valtech Cardio for up to $690M, of which $340M is in stock and cash upfront and up to $350M in milestones. Link
Shockwave Medical, a developer of cardiovascular balloon dilation catheters, raised a $45M Series C round of funding led by Sectoral Asset Management. Link

SOME INTERESTING STARTUPS FOUND

Active Needle (2016, Abingdon) – An ultrasound-guided needle interventional procedure.
Spinal Singularity (2015, Clements) – A semi-permanent, fully internal, smart catheter system for neurogenic bladder.

LEADER BOARD – MEDICAL DEVICES

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

Carepredict a predictive Analytics platform with wearable sensors for senior citizens raised $2.4M in funding. Link
analyticsMD helps hospital managers to make data-driven decisions that impact operational efficiency and patient experience, raised $13M in series A from Norwest Venture Partners, Mayfield Y Combinator and the Stanford-StartX Fund. Link
GNS Healthcare, a provider of analytical solutions that improves population health, received $4M in Series C. Link
AIdoc and AI-based single screen system to streamline medical imaging closed a $3.5M funding in Series A . Link
Volpara Solutions which offers, a suite of quantitative breast imaging tools that can be used by radiologists closed a $5.14M in discounted funding round. Link
Noona Healthcare, a mobile service that gives cancer clinic a real-time holistic view of their patients’ wellbeing, received $1.6M in seed funding from The Noaber Foundation and Capricorn ICT Arkiv. Link
Lexigram, a startup that applies on-demand natural language processing to health data in the cloud, has closed on its first venture capital, a $2 million seed round from Storm Ventures. Link
Clarify Health, provides a Population Health Management platform to stratify patients based on clinical and non-clinical characteristics and create care plans received $6M funding. Link
THB is a clinical research and data analytics company using healthcare data to provide personalized care to patients received an undisclosed amount of funding. Link
Emanate Wireless offers analytics solutions for asset management and monitoring of assets, received $1.5M funding. Link
OncoStats is a cloud-based healthcare platform that combines a statistical engine with an oncology EMR to provide actionable insights received a funding of $106K. Link

SOME INTERESTING STARTUPS FOUND

Firefly Health (2016, SFO) – A primary care company which applies a data-driven and technology based approach for care delivery
Healthinfomap (2016, Charlotte) – Offers a comprehensive cloud-based solution to create a 360-degree view of the cost of care per patient.

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, $227M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Welltok (2009, Denver, $185M) – 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) – A 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) – An 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) – A 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 Healthcare Analytics feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – CONSUMER HEALTHTECH

Heal, an app-based physician house call service, has raised $27M is Series A and $15M in Series B over a period of two months. Investors include Thomas Tull of Tull Investment Group, Breyer Capital, HashtagOne, Slow Ventures, and Fidelity Management and Research Company. Link
Habit, a data-driven personalized nutrition service, has raised $32M in an investment from Campbell’s Soup. Link
uBiome, developer of a direct-to-consumer microbial genomic testing kit, has closed a $22M Series B funding round, led by 8VC with additional funding from Slow Ventures, Stanford’s StartX Fund and various angel investors. Link
Propeller Health, a developer of digital solution for respiratory medicine, has raised $21.5M in Series C round led by 3M Ventures, SR One, Hikma Ventures, Safeguard Scientifics, and Social Capital. Link
Clue, the developer of an app that tracks a woman’s menstrual cycle through machine learning, has raised $20M in Series B funding in a round led by Nokia Growth Partners, Union Square Ventures, Mosaic Ventures, and others. Link
Vida Health, a digital health coaching startup, has raised $18M in Series B funding in a round led by Canvas Ventures, Nokia Growth Partners, and Aspect Ventures. Link
Everyday Health, an online health information portal, has been acquired by j2 Global’s Ziff Davis, a digital media company in the technology, gaming and lifestyle categories, for $10.50 per share in cash, representing an approximate enterprise value of $465M. Link
RespondWell, a digital health company focused on gamified home-based physical therapy tools, has been acquired by Zimmer Biomet Holdings, a musculoskeletal healthcare-focused medical device company, for an undisclosed amount. Link
Third Rock Ventures closes $616M healthcare fund. Link
The FDA has entered into the federal register a new draft guidance pertaining to “software as a medical device” (SaMD). Link

SOME INTERESTING STARTUPS FOUND

Biostrap (2016, Mountain View) – A wearable device consisting of a wristband and a shoe clip which work in sync and using Machine Learning to track activity and heart rate

nevisQ (2016, Aachen) – Intelligent spatial analysis for the identification of objects, persons, and movements, in particular for fall prevention and fall detection for the elderly people.

Kang Health (2016, Ra’anana) – AI-based platform using user-generated data to answer medical questions about disease symptoms.

LEADER BOARD – CONSUMER HEALTH TECH

PERSONAL HEALTH MANAGEMENT
ONLINE INFORMATION SEARCH
Medical Content Providers
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.

Social Platforms
PatientsLikeMe (2004, Cambridge, $25M) – Online community for people with medical conditions. Backed by Omidyar Network, CommerceNet and Invus.

PERSONALIZED HEALTHCARE
Sharecare (2010, Atlanta, $220M) – Online platform for personalized health recommendations including expert resources, guidance, and programs based on the proprietary RealAge test results and other personal health data shared by the user. Backed by TomorrowVentures, Heritage Group, Claritas Capital, Arsenal Venture Partners, Hearst Communications, Galen Partners, Wellington Management, Swiss Re, New Evolution Ventures.
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.

MONITORING
Meet You (2013, Xiamen, $200M) – Social network for women and a menstruation period tracking app. Backed by SIG China, The Cathay Funds and Matrix Partners China.
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, $65M, Acq.) – 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.

DIY DIAGNOSTIC SOLUTIONS
ResApp Health (2014, Perth, $10M, Acq.) – Smartphone-based respiratory diseases diagnosis tools.

Homecare
Heal (2014, LA, $52M) – Mobile app for on-demand home visits for a family doctor. Backed by Slow Ventures, Pritzker Group, March CP.
Pager (2014, NYC, $34M) – Mobile app for on-demand doctor house call. Backed by NEA, Summation Health Ventures, Goodwater Capital, Montage Ventures, Lux capital.

DIAGNOSTICS
Dx Kits
23andMe (2006, Mountain View, $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
WellnessFX (2010, SF, $6M, Acq.) – Online marketplace for preventive health diagnostic packages.

PHARMACY
7LK (2011, Guangzhou, $149M) – 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, Boston, $94M) – Mobile app-enabled 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.

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, $23M) – Online clinical trial enrollment platform and DNA mapping from partnered labs. Backed by Apple Tree Partners.
Antidote (2008, London, $18M) – 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

Evolent Health, a public company offering clinical and operational technology solutions to healthcare organizations received $11M post-IPO financing. Link
MedMinder Systems, Smart pill box for monitoring medication adherence, raised $1.35M seed funding from Trinnovate Ventures. Link
CoheroHealth, a respiratory care platform that enables adults and kids with respiratory illness to actively engage in their own care, received $9M Series A round funding from Three Leaf Ventures, Zaffre Investments, GIS Strategic Ventures, Heitkamp & Thumann Group, and P5 Health Ventures. Link
PeerWell, a mobile app designed to help users in getting ready for joint replacement surgery received $2.1M Seed funding led by XSeed Capital. Link
Catapult Health, provides worksite preventive check-up services, raised $10M in Series B round of funding from UCHealth. Link
Doctible, a web portal which offers healthcare discovery based on quality, price and the location received $2M Seed Funding led by Bootstrap Incubation with participation from Tech Coast Angels and former employees from Apple, Facebook, and Google. Link
Practice Fusion, a provider of a free, a web-based EHR system to physicians received an undisclosed funding from ORIX Growth Capital. Link
CareCloud, a provider of revenue management and health IT platform raised $31.5M in a Series C round of funding from The PNC Financial Services Group, Inc., First Data Corporation, and Blue Cloud Ventures. Link
Sonitor Technologies, a provider of high-definition location and tracking through Ultrasound and Wi-Fi based real-time locating system (RTLS) technology raised $8M in Series B round of funding. Link
Ortho Kinematics, a spine diagnostics company which provides spine motion analysis and diagnostic services raised $6.5M in debt financing.Link
Stasis Labs, a provider of a vital signs monitor by each patient bed and an Android tablet for each doctor raised $5M in a seed funding round led by RTP-HC, the healthcare-focused investment arm of RTP Ventures, with participation from Wonder Ventures, Techstars Ventures, and others.Link
CarePredict, a predictive Analytics platform with wearable sensors for senior citizens raised $2.48M in seed funding.Link
analyticsMD, a provider of workflow optimization and resource utilization tools for healthcare providers raised $13M in Series A round of funding from Norwest Venture Partners and Mayfield. Link
BookMD, a platform which helps users in searching for medical procedures in the various healthcare facilities raised $11M in Series A round of funding. Link
Cogito Corporation, a provider of real-time emotional intelligence solutions, raised $15 million in Series B funding from OpenView,Romulus Capital and Salesforce Ventures. Link
AIdoc, a provider of a platform for radiologists that streamlines medical imaging by creating a single-screen system raised $3.5M in the Series A from Magma and e.merge funds. Link
MedAware Systems, a provider of actionable information based on evidence-based medical treatments and outcomes raised $2M in Series A. Link
Volpara Solutions, a provider of a suite of quantitative breast imaging tools that can be used by radiologists raised $5.14M in a Post-IPO round of funding. Link
Noona, a provider of mobile service that give cancer clinics a real-time holistic view of their patients’ wellbeing raised $1.6M in a seed funding from The Noaber Foundation and Capricorn ICT Arkiv.. Link
Vedeng, a B2B e-Commerce portal for medical equipment raised $9.39M in Series A round of funding from Ofcapital and Puhua Capital. Link
Orb Health, provides a portal to connect physicians with labs and patients raised $3.2M in Series A led by Mt Vernon Investments and with participation from Green Park & Golf and several returning seed investors. Link
OrthoSensor, provider of intelligent orthopedic devices and data services that provide quantitative feedback to surgeons and hospitals to assess their patients raised $1.81M in continuation of Series C which started in 2015. Link
Sidqam, a provider of a cloud-based electronic medical record management tool raised $1.2M in seed funding led by SQue Capital, a Mumbai-based investment firm. Grace Capital Ventures and Soham Vencaps. Link
Clarify Health Solutions, a provider of a Population Health Management platform to stratify patients based on clinical and non-clinical characteristics and create care plans raised $6M in seed funding. Link
PatientPing, a provider of a Care coordination network for providers raised $31.6M in a Series round of funding from Andreessen Horowitz and Leerink Transformation Partners. Link
Augmedix a smart glass-based physician productivity platform raised $23M in a Series B round of funding new investors McKesson Ventures and OrbiMed and existing investors Redmile Group, Emergence Capital and DCM Ventures. Link
Emanate Wireless, offers analytics solutions for asset management and monitoring of assets raised $1.5M in angel funding. Link
Vida provides expert, personalized, on-demand health coaching and programs from a network of health care providers and leading medical institutions raised $18M in a Series B round led by Canvas Ventures with participation from Nokia Growth Partners (NGP) and returning investor Aspect Ventures. In conjunction with the funding, Canvas Ventures’ Partner Rebecca Lynn will join Vida’s Board of Directors. Link
Cota, a cancer outcome and data tracking company that uses a patented digital classification system to assess patient results on specific treatment protocols raised $18M in an equity growth round from Boston Millenia Partner. Link
Telcare,a wireless blood glucose meter with two-way messaging was acquired by BioTelemetry for upfront consideration of $7.0 million in cash with the potential for additional performance-based earnouts of up to $5.0 million in cash. Link
iMDsoft, provides clinical information systems for critical, perioperative, and acute care environments was acquired by Harris Computer Corporation. Link

SOME INTERESTING STARTUPS FOUND

SpringCare (2016, Connecticut) – Offers a quick digital test which helps clinicians to the match the patient with a correct anti depressant.
BioVirtua (2016, SFO) – A telemedical solution leveraging Augmented Reality and Real-time analytics technologies to produce a seamless, remote, and easily deployable diagnosis tool.
LungDirect (2016, Colorado) – Offers end-to-end software suite that facilitates lung cancer screening data submission and optimizes patient care.

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.
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.

Care Coordination
Remedy Partners (2006, San Franciso, $95M) – Enables healthcare providers in developing and operating patient-centric episodic payment programs. Backed by Bain Capital ventures.
PatientSafe Solutions (2002, San Diego, $88.5M) – Provides smart point-of-care mobile solutions and innovating technologies enabling accountable care for healthcare organizations. Its flagship product, the PatientTouch System, delivers measurable safety and quality improvement by making care team workflows streamlined.

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.
iRhythm Tech (2006, San Franciso, $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.
EarlySense (2004, Tel Aviv, $85M) – Developed a sensor that is placed under the mattress and monitors body vitals as well as bed entries and exits, patient motion, and quality of sleep eliminating the need for regularly manually checking the patients in constant care. Backed by Pitango Capital Ventures and JKB Capital.
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
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.
Kareo (2004, Irvine, $137M) – Provides a SaaS-based practice management system to healthcareproviders. Backed by Escalate Capital, OpenView, SVB Financial Group, Montreux Equity Partners, Silver Lake, Greenspring Associates, Western Technology Investment, Stripes Group.

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, $227M) – 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
Livescribe (2007, Oakland, $156M, Acq) – Provides smart CPOE solution platform for healthcare providers. Backed by Qualcomm, Greenhouse Capital Partners, Scale Venture Partners, Double Bottom Line Investors, Lionhart, TransLink Capital, Keating Capital, Presidio Ventures, Crosslink Capital, DBL Partners, Aeris Capital, VantagePoint Capital Partners. Acquired by Anoto in Nov 2015.
Awarepoint (2002, San Diego, $88M) – Offers Location-as-a-Service for healthcare organizations to facilitate asset management and tracking. Backed by KPCB, Cardinal Partners, SVB Financial Group, Venrock, Heritage Group, Icon Ventures, Jafco Ventures, Avalon Ventures, Avalon Ventures, Top Tier Capital Partners, New Leaf Ventures.
Phreesia (2005, NYC, $76M) – Provides a patient check-in platform for healthcare providers. Backed by BlueCross BlueShield Venture Partners, Escalate Capital, Ascension Ventures, Ascension Ventures, LLR Partners, Polaris Partners, Sandbox Industries, Long River Ventures, HLM Venture Partners, VantagePoint Capital Partners.
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.

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, San Francisco, IPO) – Provides solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services.
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.
MedSolutions (2002, Tennesse, IPO) – Provides Intelligent Cost Management, that encompasses utilization management, capturing savings, reducing treatment costs, and supporting diagnostic accuracy.
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.

Healthcare Delivery
Imaginehealth (2006, Midvale, $36M) – 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, $58M) – 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.
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, $65M) – Pharmacy Management solutions to pharmacies. Backed by OVP Ventures, Align Investments, Ignition Partners.
MedAvail (2012,Ontario, $36M) – Offers a self-service kiosk solution called the MedAvail MedCenter, automating the dispensing of prescription drugs and Over-The-Counter medications. Backed by Walgreens, Redmile Group, Adage Capital.
Millennium Pharmacy Systems (2003, Oakbrook, $62M) – Offers Just-In-Time dispensing with e-prescription, administration, documentation, and reporting. Backed by Essex Woodlands, Boulder Ventures, ATEL Capital Group, CHL Medical Partners, Ascension Ventures, and HealthInvest Equity 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 Healthcare IT feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE IT

Agilent acquires Belgian molecular diagnostics player Multiplicom for $70.6M in cash.Link
Menarini Silicon Biosystems acquires Cellsearch CTC System, used for the detection of circulating tumor cells, from Janssen Diagnostics. Link
Foundation Medicine’s FoundationFocus™ CDxBRCA receives FDA approval as the first NGS-based CDx assay for ovarian cancer drug Rubraca. Link
Roche to exit $75M diagnostics development deal with Pacific Biosciences. Link
Grifols acquires Hologic’s blood screening business unit for $1.85B. Link
Siemens to pump $300M into MA lab diagnostics plant. Link
NIH sets up $170M consortium to investigate molecular effects of exercise and other physical activity. Link
Genome Canada, along with other public and private Canadian players, commit $97M to furthur genomic research. Link
ClearLight Diagnostics receives $3.5M in Series B funding to develop technology platform based on its Clarity lipid-clearing technique. Link
Metabolon raises additional $15M in funding from Essex Woodlands to develop personalized medicine products using its metabolomics platform. Link

SOME INTERESTING STARTUPS FOUND

Cambridge Cancer Genomics (2016, Cambridge (UK)) – Developing microarray-based technology for the rapid detection of circulating cell-free DNA in a patients blood.

LEADER BOARD – HEALTHCARE IT

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, $72M) – 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.

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.

Sera Prognostics (2008, Salt Lake City, $55M) – 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.

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.

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.

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 – LIFE SCIENCE – SOFTWARE

TraceLink, provider of Track and Trace platform for global distribution, visibility, and traceability of pharmaceuticals has raised $51.5 million in Series C financing round led by Goldman Sachs Growth Equity (GS Growth), with participation from FirstMark Capital, Volition Capital, and F-Prime Capital in November 2016. Link
Recursion Pharmaceuticals, a drug discovery and service company developing and using artificial intelligence platform for novel drug screening and drug repurposing has raised an additional $2.15 million in Series A round from Felicis Ventures and individual investors in November 2016. The company raised $12.9 million in September 2016 in initial Series A round led by Lux Capital, with participation from Obvious Ventures, Epic Ventures, Data Collective, AME Cloud Ventures, Wild Basin Investments, and angel investors. The additional funding has brought the total to $15.05 million for Series A round. The funds will be used for development of ‘Platform 2.0’ – artificial intelligence based platform for drug discovery research. Link
Transcriptic, a cloud-based remote robotic bio-lab company has raised $13.4 million in a Series A-1 funding round led by Data Collective, along with funding from Digital Science, WuXi AppTec, AME Cloud Ventures and other existing investors in November 2016. Link
UgenTec, provider of machine learning and artificial intelligence based PCR analysis software has raised $2.41 million in venture capital funding in November 2016. The company has also got a credit facility of BNP Paribas Fortis. Link
Owkin, a company developing machine learning and predictive analytics based solutions for healthcare, drug discovery and precision medicine has raised $2.1 million in Seed funding from Jean-Paul Clozel, Brent Hoberman, Jorg Mohaupt and Nicole Junkermann in November 2016. Link
Metabolon, provider of analytical methods, software and services for biomarker and drug discovery using metabolomics has raised additional $15 million from Essex Woodland in December 2016 in a Series F funding round. The company had already raised $15 million from Essex Woodland in August 2016. Link
MedNet Solutions, a company offering electronic data capture (EDC) and clinical study management solutions has raised $16.5 million growth investment in a round led by Arrowroot Capital, and joined by Cohesive Capital Partners and other investors in December 2016. Link
Cure Forward, a company offering online clinical trial enrollment platform which helps people find most relevant clinical trials based on DNA mapping has raised an additional $3.99 million in December 2016. The company also raised $4.33 million in September 2016. Link

SOME INTERESTING STARTUPS FOUND

Owkin (2016, Paris) – Company developing machine learning and predictive analytics based solutions for healthcare, drug discovery, and precision medicine.
Revive Med technologies (2016, Cambridge) – Offers bioinformatics platform for drug discovery and re-purposing with a focus on metabolomics.
Beacon Cure (2016, Tel Aviv) – Platform using proprietary algorithms to generate instant data from its evolving databases and from the internet using artificial intelligence.

LEADER BOARD – LIFE SCIENCE – SOFTWARE

Bioinformatics
Metabolon (2000, Durham, $92.42M) provides platforms and informatics systems for biomarker discoveries and diagnostic tests and also offers metabolomics research services. Backed Aurora Funds, Sevin Rosen Funds, Camden Partners Holdings, Essex Woodlands, HHVC, Sumitomo Corp, Syngenta, Alexandria Real Estate Equities, ATEL Capital Group, Fletcher Spaght, The Trelys Funds, Fulcrum Financial Group, Crossroads Capital.
Pacific Biosciences (2004, Menlo Park, Public) has developed a Single Molecule Real Time (SMRT) sequencing platform that utilizes the company’s two proprietary technologies – Zero-Mode Waveguides (ZMW) and phospholinked nucleotides for single-molecule sequencing.Backed by Morgan Stanley, Mohr Davidow Ventures, KPCB, DAG Ventures, Maverick Capital, AllianceBernstein, Sutter Hill Ventures, Alloy Ventures, Deerfield Capital Management, Deerfield, and Gen-Probe.
Simulations Plus (1996, Lancaster, Public) develops absorption, distribution, metabolism, excretion, and toxicity (ADMET) modeling & simulation software for cheminformatics and drug discovery and provides consulting services.
Benevolent AI (2013, London, $87.7M) is an Artificial Intelligence company focussed on pharmaceutical R&D and drug discovery. The company has organised itself into two wholly owned, integrated and complementary subsidiaries: ‘BenevolentBio’ (formerly Stratified Medical) – will continue to focus on applying BenevolentAI’s technology in human health and the exploration of further bioscience applications such as veterinary medicine, and ‘BenevolentTech’ – will continue to refine and develop the AI engine that is driving the discoveries in bioscience and in future will look to replicate this success across wider applications and industries.
Inpharmatica (1998, Saffron Walden, $75M, Acq) offers predictive informatics solutions and services for medicinal chemistry and ADME to help improve the speed and productivity of drug discovery. It is also involved in research of drugs and biomarkers. Backed by Vertex Ventures, Advent Venture Partners, Gimv, Gilde, 3i Group, Abingworth, Unibio, and REV. Acquired by Galapagos in Dec 2006.
Schrodinger (1990, New York, $52M) develops software solutions for computational chemistry, research and drug discovery. Backed by Cascade Investment.

Imaging Solutions
Aperio Technologies (1999, California, $47.6M, Acq) offers digital pathology solutions including image management, sharing, and analysis solutions. Backed by BlackRock, Advanced Technology Ventures, HLM Venture Partners, and Galen Partners. Acquired by Leica Microsystems in Aug 2012.
inviCRO (2008, Boston, $45.8M) provides advanced data analysis services and software in the field of preclinical imaging research.
Median Technologies (2002, Valbonne, $53.66M, Public) offers medical imaging software and services for oncology clinical trials, cancer screening, and clinical practice. Backed by NEA, Draper Fisher Jurvetson, Auriga Partners, Abingworth, Omega Funds, Idinvest Partners, National Technology Enterprises Company, Kuwait Life Sciences Company (KLSC), and AGF Private Equity.

Clinical Trial Solutions
Medidata (1999, New York, $66.18 M, Public) provides cloud-based solutions for clinical trial management and analytics. Backed by Insight Venture Partners, Milestone Venture Partners, Stonehenge Growth Equity, Silicon Alley Venture Partners, The Lambda Funds, State Street, and Alpha Venture Partners and went public in June 2009.
Parexel (1983, Massachusetts, Public) is a clinical research organization which offers clinical trial management solutions and services. Backed by Capvis.
Datatrak International (1991, Cleveland, Public) offers clinical enterprise solutions which include tools for electronic data capture, trial design, trial supply management and project management.
Comprehend (2010, Palo Alto, $30.8M) provides clinical data reporting and visualization tools for clinical trials. Backed by Y Combinator, Lightspeed Venture Partners, Sequoia Capital, SV Angel, Menlo Ventures, Crosslink Capital, Quotidian Ventures, Ulu Ventures, Life Sciences Angel Network, and Easton Capital.
Go Balto (2008, San Fransisco, $38.1M) provides cloud-based electronic solutions for clinical trial design, data capture analysis. Backed by Qualcomm, Aberdare Ventures, Mitsui Global Investment, EDBI, West Health, and Dolby Family Ventures.

GRC Solutions
Metric Stream (1999, Palo Alto, $150M) provides solutions for quality management, regulatory compliance, risk management, and corporate governance. Backed by Goldman Sachs, KPCB, Integral Capital Partners, Gold Hill Capital, Sageview Capital, Saints Capital, Kaiser Permanente Ventures, Blade Ventures, Montage Capital, and The Camelot Group.
Virtify (2004, Lexington, $23.5M) provides enterprise content and compliance management solutions for the life sciences industry. Backed by Tudor Growth Equity, Blue Cloud Ventures, and Spring Lake Equity Partners.
Qumas (1994, Cork, $10M, Acq) provides Compliance and Quality Management Software for Life Sciences including solutions for document management, process management, and submission management. Backed by General Catalyst Partners, Fidelity Ventures, Delta Partners, ACT Venture Capital, Fidelity Growth Partners Europe, Kernel Capital, and Eight Roads Ventures. Acquired by Accelrys in December 2013.

Automation Solutions
Emerald Therapeutics (2010, San Francisco, $34M) has developed Emerald Cloud Laboratory that scientists can remotely access via the internet and can perform experiments using automated robotics. Backed by Founders Fund, Western Technology Investment, and Schooner Capital.
Quartzy (2009, Palo Alto, $28.8M) offers a web-based platform for lab management and supports collaboration, inventory and order management. It also hosts catalogs from vendors for lab consumables. Backed by Y Combinator, Lerer Hippeau Ventures, SV Angel, Khosla Ventures, Washington U., Silicon Badia, Reinmkr Satsang, A Capital, Life Science Angels, Science House, Accelerator Tech, Lerer Hippeau Ventures, and Eminence Capital.

Market Intelligence
IMS Health (1954, Danbury, Merged) offers a suite of market intelligence products and services which are aimed at improving productivity and healthcare delivery of healthcare organizations.
CitiusTech (2005, Princeton, $112 M) offers Business Intelligence and healthcare analytics platform. Backed by General Atlantic.
SHYFT Analytics (2005, Waltham, $39M), formerly Trinity Pharma Solutions, provides cloud-based analytics and data management platform for customer engagement and revenue analytics. Backed by Milestone Venture Partners, Health Enterprise Partners, Medidata, and McKesson Ventures.
Zephyr Health (2011, San Francisco, $33.5 M) offers Zephyr Illuminate, an Insights-as-a-Service platform designed to help companies improve product life cycle performance with customer and market insights and can be used for collaboration, targeting and segmentation, and planning. Backed by KPCB, Jafco Ventures, and Icon Ventures.

Operations Management and Supply Chain
Tracelink (2009, Woburn, $77 M) offers an online platform for global distribution, visibility and traceability of pharmaceuticals to limit the sale of counterfeit drugs. Backed by FirstMark Capital, Goldman Sachs, Volition Capital, and F-Prime Capital Partners.
Bluechiip (2003, Scoresby, Public) provides wireless tracking solutions for bio samples and other products. Went public in Oct, 2010 via a reverse takeover by Sofcom Limited.

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 Life Sciences – Software feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

Animas (J&J division) received FDA approval and Health Canada license for its OneTouch Vibe Plus Insulin Pump, which is integrated with Dexcom G5 Mobile Continuous Glucose Monitor. Link
Intarcia Therapeutics received $206M from the Bill & Melinda Gates Foundation for their technology targeting HIV. Link
Femasys, a developer of POC devices for women’s health, raised $40M in a Series C round, to use for a pivotal trial of its FemBloc permanent female contraception device. Link
Optos (a subsidiary of Nikon) and Verily(Google unit) collaborated to develop technologies for machine learning-enabled retinal imaging, to diagnose diabetic complications. Link
Alcon’s received FDA Approval for its AcrySof IQ ReStor intraocular lens. Link
AirXpanders received de novo FDA clearance for its AeroForm breast tissue expander. Link
Avinger received FDA clearance for its Lumivascular imaging console, enabling vessel measurement via a touchscreen system. Link
Varian Medical agreed to put up $267M to acquire the medical imaging business of PerkinElmer Inc. Link
SMC acquired a UK auto-injector developer, Oval Medical Technologies. Link
FDA cleared integration of J&J and Welldoc tech for real-time diabetes management. Link
Gordian Surgical received FDA clearance for its TroClose 1200 trocar, designed to enable access to the abdomen during laparoscopic surgery. Link
Lumendi received FDA 510(k) clearance for its DiLumen endoscopic device, designed to stabilize a colonoscope to aid in incision-free endolumenal therapeutic procedures. Link
St. Jude Medical received CE Mark approval for full-body MRI scans of patients implanted with its Proclaim Elite spinal cord stimulation device. Link
Sahajanand Medical Technologies, a developer of minimally invasive coronary stent systems, raised $25 in a funding round led by Samara Capital. Link

SOME INTERESTING STARTUPS FOUND

IntuiTap Medical (2016, Houston) – A handheld device that enables accurate spinal needle placement for lumbar punctures.
ContinUse Biometrics (2015, Tel Aviv) – Contactless biometric sensor for the continuous monitoring of biomedical parameters.

LEADER BOARD – MEDICAL DEVICES

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

SurgeonCheck offers a SaaS-based analytics platform that rates surgeons based on actual procedural practices, patient outcomes, and costs compared against the latest peer-reviewed clinical research raised $2.54M in Series A funding Link
Cota, a cancer outcome, and data tracking company that uses a patented digital classification system to assess patient results on specific treatment protocols raised $18M in an equity growth round from Boston Millenia Partner.
Medable, an app and analytics platform that enables a single developer to build a full-stack HIPAA compliant app with in-app real-time analytics capabilities raised $3.64M in Series A round of funding. Link
Zipari a SaaS-based insurance-specific consumer experience platform featuring real-time insights into consumer behavior raised $7M in Series A from Vertical Venture Partners. Link
OrthoSensor developer of intelligent orthopedic devices and data services that provide quantitative feedback to surgeons and hospitals to assess their patients raised $2.35 in funding. Link
Healthsense which offers WiFi based Personal Emergency Response Systems, remote safety and wellness monitoring was acquired by GreatCall a connected health company creating devices for active aging. Link
Enlightiks a provider of data, analytics platform to convert data into actionable insights and finding its applications in healthcare, consumer insights & retail industries was acquired by Practo Technologies. Link
Arcadia offers an analytics platform that integrates data from EHR platforms and uses that data to drive improvements in patient care quality, practice efficiency, and financial performance has raised $30 million from a number of investors, including GE, Blue Cross Blue Shield of Massachusetts and Merck subsidiaries. Link
RxREVU offers to help patients and payers save money on their prescriptions by providing a clinical support tool that identifies the most effective medication at the best possible cost received $8.55M Series A funding. Link
Senscio Systems offers an artificial intelligence based inference engine received $1.84M Series A funding. Link
Predicata provides an analytics platform that offers cost savings and quality improvement opportunities was acquired by Triose. Link

SOME INTERESTING STARTUPS FOUND

Medint (2016, Tel Aviv) – A platform to find actionable data needed for providers to take medical decisions.
Gleam (2016, NYC) – Offers an HIPAA compliant web platform that enables therapists to provide more targeted and efficient therapy

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.
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.

EHR Platforms
Flatiron Health (2010, 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.
Modernizing Medicine (2010, Boca Raton, $98M) – Provides Electronic Medical Assistant (EMA), is a cloud-based, specialty-specific electronic medical record (EMR) system. Backed by IBM, Summit Partners, Silicon Valley Bank, Pentland, Sands Capital, Sands Capital Ventures

Population Health Management
Welltok (2009, Denver, $185M) – PaaS based analytics platform for health optimization and population health management. Backed by Qualcomm Ventures, EMCAP partners, Interwest Partners, Bessemar Venture Capital.
MedHOK (2009, Denver, $185M, Acq) – Provides a SaaS-based platform that uses predictive analytics to allow payers to identify and target member health risks, trigger workflow interventions. Acquired by

Hearst Communications.

Clinical Analytics
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, $227M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Butterfly Network (2011, Guilard, $100M) – Developing a device that combines deep learning and an ultrasound imaging technology. Backed by aeris Capital and Stanford University.

Financial Analytics
Remedy Partners (2011, Faifield, $96M) – Provides a tech-enabled episode based care. Backed by Bain Capital Ventures, TomorrowVentures, Bain Capital, Spring Lake Equity Partners.
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) – A 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.

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.
Impact Rx (2000, Mount Laurel, $28M, Acq) – Platform which tracks and evaluates the impact of pharmaceutical promotions on the prescribing behavior of the physicians. Backed by Western Technology Investment, Mediphase Venture Partners, 3i Group.
PatientPop (2014, Santa Monica, $24M) – An end-to-end marketing platform that uses analytics for performance measurement. Backed by Toba Capital, Athena Health, and Silicon Valley Bank.

Health Engagement
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.
Early Sense (2004, Israel, $85M) – Has developed a sensor that is placed under the mattress and monitors body vitals as well as bed entries and exits. Backed by Pitango Venture Capital, The Challenge Fund-Etgar, JK&B Capital, ProSeed Venture Capital Fund, Docor International, Bank Hapoalim, Bridge Investment Fund, Noaber Services, Mitsui, Impact First Investments, Partners500, Welch Allyn, Samsung Venture Investment.
WellTok (2005, Baltimore, $65M) – A Mobile Prescription Therapy that enables patients to self-manage their diabetes through real-time motivational, behavioral and educational coaching. Backed by Asset Management Ventures, Windham Venture Partners, Merck, JJDC, Excel Venture Management, Adage Capital Management, Samsung Venture Investment, JNJ Innovation, TCP Venture 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 Analytics feed.

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE IT

Valant EHR providers of a SaaS EMR/EHR system to psychiatrists and Behavioural Health professionals raised $7.5M in funding. Link
Zipari,a SaaS-based insurance-specific consumer experience platform featuring real-time insights into consumer behavior raised $7M in Series A from Vertical Venture Partners. Link
Solera Network, a SaaS-based population health management platform for chronic disease management, raised $5M in Series A. Link
Dedalus Group, an Italian healthcare IT software and solutions company providing clinical management and interoperability solutions for healthcare organizations raised a €72m bond from asset management firm Tikehau IM. Link
Virtual Health Partners, an on demand HIPAA compliant healthcare platform focusing on ancillary care treatment such as nutrition, fitness, and behavior modification received 1.622M Seed Funding. Link
LifeDojo a corporate wellness solution which offers clinically proven 12-week behavior change programs received $4.38M Series A funding. Link
RxREVU offers to help patients and payers save money on their prescriptions by providing a clinical support tool that identifies the most effective medication at the best possible cost received $8.55M Series A funding. Link
OrthoSensor developer of intelligent orthopedic devices and data services that provide quantitative feedback to surgeons and hospitals to assess their patients raised $2.35 in funding. Link
Diagnotes offers a mobile and web-based communication platform that gives medical groups the tools to improve communication among providers, patients and staff raised $1M in Series B funding.Link
HealthWatch is a developer of textile technology to produce smart-digital garments with sensors measuring body vitals continuously raised $20M in Series A fundng from Yiling Pharmaceuticals.Link
SurgeonCheck offers a SaaS-based analytics platform that rates surgeons based on actual procedural practices, patient outcomes, and costs compared against the latest peer-reviewed clinical research raised $2.54M in Series A funding. Link
Medable,an app and analytics platform that enables a single developer to build a full-stack HIPAA compliant app with in-app real-time analytics capabilities raised $3.64M in Series A round of funding. Link
AristaMD is a digital health company focused on improving the specialty referral process, raised an undisclosed amount. Link
Payspan is a provider of healthcare reimbursement and payment automation raised an undisclosed amount in the Series E from Primus capital. Link
Arcadia offers an analytics platform that integrates data from EHR platforms and uses that data to drive improvements in patient care quality, practice efficiency, and financial performance has raised $30 million from a number of investors, including GE, Blue Cross Blue Shield of Massachusetts and Merck subsidiaries. Link
Avalon Health Solutions, a portfolio company of Francisco Partners offers laboratory benefits management platform for physicians, patients, and payers raised an undisclosed amount from Mosaic Health Solutions (Mosaic), BlueCross BlueShield of South Carolina, and Francisco Partners Link
PeraHealth, formerly known as Rothman Healthcare provides clinical decision support solutions based on the Rothman Index (RI):an algorithm that calculates Universal Patient Score based on 50+ measures raised $14 million in funding from Mainsail Partners. Link
Connected health develops a product “Lifetime” which is a secure connection between doctor and patient over the phone raised $1.06M in seed funding. Link
Endotronix develops miniaturized, wireless and implantable pressure sensors raised $12 Million in Debt Financing from Silicon Valley Bank. Link
Aledade partners with independent, primary-care physicians to form and manage ACOs raised another $20 million in Series B1 led by Biomatics Capital Partners, a venture firm co-founded by Boris Nikolic, former chief scientific and technology adviser to Bill Gates, with participation from GV, formerly Google Ventures and the venture capital arm of Alphabet Inc. Link
Senscio Systems offers an artificial intelligence based inference engine received $1.84M Series A funding. Link
Dental360 is a dental clinic management software raised $15M in a Series A funding. Link
Practo, a Practice management software for doctors and a platform for consumers to search for doctors raised $55M in Sries D funding led by Tencent. Link
everyLIFE Technologies creators of a PASS system to help care workers manage their visits raised $4.2M in funding from Robin Batchelor, former managing director of BlackRock and chairman of EveryLIFE Technologies. Link
Doctor.com, an online marketing and reputation management for Healthcare Providers, appointment booking service for patients and enterprise solutions raised $5M in Series A round of funding. Link
TPG acquired Lenexa, Kansas-based Mediware Information Systems Inc, a provider of software for healthcare and human services providers. Link
Healthsense which offers WiFi based Personal Emergency Response Systems, remote safety and wellness monitoring was acquired by GreatCall a connected health company creating devices for active aging. Link
Enlightiks a provider of data analytics platform to convert data into actionable insights and finding its applications in healthcare, consumer insights & retail industries was acquired by Practo Technologies. Link
Predicata provides an analytics platform that offers cost savings and quality improvement opportunities was acquired by Triose. Link
Jiff is HIPAA-compliant private healthcare social network and digital health apps platform targeted towards employers providing healthcare plans for their employees was acquired by Castlight Health a company that made a name for itself with making price transparency in healthcare easier to manage for self-insured employers. Link

SOME INTERESTING STARTUPS FOUND

Medcrypt (2016, SFO) – Provides Cyber security software for connected medical devices.
Bainbridge Health (2016, Philadelphia) – Provides a clinical intelligence & data analytics platform to monitor patient safety and reduce medication errors.
AffirmHealth (2016, Nashville) – Provides workflow integration and automation software to help health providers comply with controlled substance monitoring programs of regulatory bodies.

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.
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.

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.
iRhythm Tech (2006, San Franciso, $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.
EarlySense (2004, Tel Aviv, $85M) – Developed a sensor that is placed under the mattress and monitors body vitals as well as bed entries and exits, patient motion, and quality of sleep eliminating the need for regularly manually checking the patients in constant care. Backed by Pitango Capital Ventures and JKB Capital.
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.

EHR Platform
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.
Kareo (2004, Irvine, $137M) – Provides a SaaS-based practice management system to healthcareproviders. Backed by Escalate Capital, OpenView, SVB Financial Group, Montreux Equity Partners, Silver Lake, Greenspring Associates, Western Technology Investment, Stripes Group.

Administrative Solutions
Livescribe (2007, Oakland, $156M, Acq) – Provides smart CPOE solution platform for healthcare providers. Backed by Qualcomm, Greenhouse Capital Partners, Scale Venture Partners, Double Bottom Line Investors, Lionhart, TransLink Capital, Keating Capital, Presidio Ventures, Crosslink Capital, DBL Partners, Aeris Capital, VantagePoint Capital Partners. Acquired by Anoto in Nov 2015.
Awarepoint (2002, San Diego, $88M) – Offers Location-as-a-Service for healthcare organizations to facilitate asset management and tracking. Backed by KPCB, Cardinal Partners, SVB Financial Group, Venrock, Heritage Group, Icon Ventures, Jafco Ventures, Avalon Ventures, Avalon Ventures, Top Tier Capital Partners, New Leaf Ventures.
Phreesia (2005, NYC, $76M) – Provides a patient check-in platform for healthcare providers. Backed by BlueCross BlueShield Venture Partners, Escalate Capital, Ascension Ventures, Ascension Ventures, LLR Partners, Polaris Partners, Sandbox Industries, Long River Ventures, HLM Venture Partners, VantagePoint Capital Partners.
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.

PHARMACY
Express Scripts (1986,Missouri, IPO) – Offers SaaS platform of pharmacy benefit management solutions for health plans, providers, and patients.
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, $65M) – Pharmacy Management solutions to pharmacies. Backed by OVP Ventures, Align Investments, Ignition Partners.
MedAvail (2012,Ontario, $36M) – Offers a self-service kiosk solution called the MedAvail MedCenter, automating the dispensing of prescription drugs and Over-The-Counter medications. Backed by Walgreens, Redmile Group, Adage Capital.
Millennium Pharmacy Systems (2003, Oakbrook, $62M) – Offers Just-In-Time dispensing with e-prescription, administration, documentation, and reporting. Backed by Essex Woodlands, Boulder Ventures, ATEL Capital Group, CHL Medical Partners, Ascension Ventures, and HealthInvest Equity 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 Healthcare IT feed.

Tracxn – Healthcare Newsletter # 58 – Consumer HealthTech

Tracxn – Healthcare Newsletter # 59 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 60 – Healthcare IT

Tracxn – Healthcare Newsletter # 61 – Diagnostics

Tracxn – Healthcare Newsletter # 62 – Life Sciences- Software

Tracxn Healthcare Newsletter # 63 – Medical Devices

Tracxn – Healthcare Newsletter # 64 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 65 – Healthcare IT

Tracxn – Healthcare Newsletter # 66 – Fitness & Wellness

Tracxn Healthcare Newsletter # 67 – Telemedicine

Tracxn – Healthcare Newsletter # 68 – Diagnostics

Tracxn Healthcare Newsletter # 69 – Medical Devices

Tracxn – Healthcare Newsletter # 70 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 71 – Consumer HealthTech

Tracxn – Healthcare Newsletter # 72 – Healthcare IT

Tracxn – Healthcare Newsletter # 73 – Diagnostics

Tracxn – Healthcare Newsletter # 74 – Life Sciences- Software

Tracxn Healthcare Newsletter # 75 – Medical Devices

Tracxn – Healthcare Newsletter # 76 – Healthcare Analytics

Tracxn – Healthcare Newsletter # 77 – Healthcare IT