Quantcast
Channel: Analyst Notes – Health – Tracxn Blog
Viewing all 105 articles
Browse latest View live

Tracxn – Healthcare Newsletter # 118 – Healthcare Analytics

$
0
0

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

  • Siris Medical which has commercialized the first artificial intelligence treatment decision support system in radiation therapy raised $4M in Series A1 round led by DigiTx Partners with Participation from Medical Technology Venture Partners. Link
  • HealthRhythms which offers behavioral health platform has received a $2.1M grant from the NIH to continue investigating smartphone-based behavioral health interventions. Link
  • Infervision which develops AI-based medical imaging technology raised $18M in Series B round led by Qiming Venture Partners with participation from Sequoia Capital China and Genesis Capital. Link
  • Cogitativo, a machine learning and data-science-as-a-service company for healthcare organizations raised $5M in Series A round from HCSC Ventures. Link
  • Tempus which offers an oncology platform for sequencing, analytics and informatics closed a $70M Series C round co-led by New Enterprise Associates (NEA) and Revolution Growth. Link
  • Analytics 4 Life, which is developing a cardiac imaging technology raised a $25M in Series B round from an international syndicate of accredited investors. Link
  • Cardinal Analytx Solutions, a developer of advanced machine learning solutions for improving healthcare raised $6.1M in Series A funding led by Cardinal Partners with participation from Premera Blue Cross and the Stanford-StartX Fund. Link
  • VoxelCloud, a medical artificial intelligence company has raised $15M in Series A+ funding led by Tencent Holdings with participation from its existing investors including Sequoia Capital and NewMargin Ventures. Link
  • Jool Health, a provider of digital Precision Well-Being solutions raised $4.5M in seed funding led by Grand Rapids with participation from Tappan Hill Ventures, Michigan Angel Fund, Wakestream Ventures, and angel investors. Link
  • Cardiologs Technologies, which provides an artificial intelligence-driven platform to manage cardiac patients, raised $6.4M in Series A funding from Idinvest, ISAI, Kurma Partners, Partech Ventures and Bpifrance. Link
  • Expression Health, a provider of business intelligence analytics for healthcare organizations and providers is acquired by Trilliant Health. Link
  • Medaphor has agreed to acquire imaging analytics platform provider Intelligent Ultrasound (IUL) for approximately $4.7M (£3.6m). Link

SOME INTERESTING STARTUPS FOUND

CereMetrix (2017, Littleton) – A provider of analytical engine and database solution for brain disorder diagnosis.
Aperio Health (2017, Washington D.C.) – A provider of all-in-one population health intelligence platform & EHR solution.

LEADER BOARD – HEALTHCARE ANALYTICS

Suite Solutions
NantHealth (2007, Culver City, IPO) – Building an integrated, evidence-based, omically-informed, personalized approach to the delivery of care and the development of next generation healthcare solutions.Went public in 2016.

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
Modernizing Medicine (2010, Boca Raton, $329M) – 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

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.

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, Bessemer Venture Capital.

MedHOK (2009, Denver, $77.5M, 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.
Tempus (2015, Chicago, $130M) – Offers a sequencing, analytics and informatics platform for cancer treatment that helps physicians make real-time data-driven decisions. Backed by New Enterprise Associates, Revolution, and Lightbank.

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

Truveris (2009, NYC, $51.7M) – 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.
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.

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.
Evidation (2014, Menlo Park, $31M) – Data analytics platform to assess digital health technologies. Backed by Rock Health, GE Ventures, Sanofi-Genzyme BioVentures, Fresco Capital, B Capital Group and more.
OnShift (2008, Cleveland, $30M) – SaaS based staff scheduling software that predicts and prevents overtime and understaffing. Backed by Health Velocity Capital, HLM Venture Partners, Draper Triangle, West Capital Advisors and more.

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.
Glooko (2010, Palo Alto, $71M) – Analytics-driven diabetes management solution for patients, health systems, and payer groups. Backed by   Georgian Partners, Mayo Clinic, Canaan Partners, Social Capital, Medtronic, Samsung NEXT, Insulet, Samsung Venture Investment, Canaan.

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.


Tracxn – Healthcare Newsletter # 119 – Healthcare IT

$
0
0

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS

  • Siris Medical which has commercialized the first artificial intelligence treatment decision support system in radiation therapy raised $4M in Series A1 round led by DigiTx Partners with Participation from Medical Technology Venture Partners. Link
  • HealthRhythms which offers behavioral health platform has received a $2.1M grant from the NIH to continue investigating smartphone-based behavioral health interventions. Link
  • Infervision which develops AI-based medical imaging technology raised $18M in Series B round led by Qiming Venture Partners with participation from Sequoia Capital China and Genesis Capital. Link
  • MyDoc, a provider of digital health platform for integrated healthcare has raised $5.2M in Series A round led by UST Global with participation from Wavemaker Partners. Link
  • Cogitativo, a machine learning and data-science-as-a-service company for healthcare organizations raised $5M in Series A round from HCSC Ventures. Link
  • Tempus which offers an oncology platform for sequencing, analytics and informatics closed a $70M Series C round co-led by New Enterprise Associates (NEA) and Revolution Growth. Link
  • PatientSafe Solutions, a provider of mobile clinical workflow and communication solutions raised $25M financing round led by HighBar Partners with participation from Merck Global Health Innovation Fund, Camden Partners, Psilos Group, and TPG. Link
  • Analytics 4 Life, which is developing a cardiac imaging technology raised a $25M in Series B round from an international syndicate of accredited investors. Link
  • Cardinal Analytx Solutions, a developer of advanced machine learning solutions for improving healthcare raised $6.1M in Series A funding led by Cardinal Partners with participation from Premera Blue Cross and the Stanford-StartX Fund. Link
  • VoxelCloud, a medical artificial intelligence company has raised $15M in Series A+ funding led by Tencent Holdings with participation from its existing investors including Sequoia Capital and NewMargin Ventures. Link
  • C3HealthcareRx, which provides in-home medication management services raised $7.2M in Series A private investment funding. Link
  • Level Ex, a developer of training simulators for medical specialists raised $11M in first round funding led by 4490 Ventures with participation from JAZZ Venture Partners, Pritzker Group Venture Capital, and other unnamed investors. Link
  • Jool Health, a provider of digital Precision Well-Being solutions raised $4.5M in seed funding led by Grand Rapids with participation from Tappan Hill Ventures, Michigan Angel Fund, Wakestream Ventures, and angel investors. Link
  • Cardiologs Technologies, which provides an artificial intelligence-driven platform to manage cardiac patients, raised $6.4M in Series A funding from Idinvest, ISAI, Kurma Partners, Partech Ventures and Bpifrance. Link
  • Weave Communications which provides unified patient communication technology platform raised $17M Series B-1 funding round led by Catalyst Investors with participation from Crosslink Capital and Pelion Venture Partners. Link
  • Biotechware which develops hardware and software solutions to collect and transfer clinical information raised $2.4M (€2M) from MEDME Group. Link
  • Healthlogistics which provides information and data management software for hospitals is acquired by Germany’s leading hospital group Prospitalia. Link
  • Workplace wellness technology company Viverae acquired health and wellness company SimplyWell. Link
  • Vios Medical, a developer of patient-monitoring sensors and software is acquired by Murata Manufacturing for about $102M. Link
  • Expression Health, a provider of business intelligence analytics for healthcare organizations and providers is acquired by Trilliant Health. Link
  • WebPT, the leading rehab therapy software platform acquired patient engagement company Strive Labs. Link
  • Vitalhub Corp has completed the acquisition of B Sharp Technologies for about $3.8M. Link
  • Medaphor has agreed to acquire imaging analytics platform provider Intelligent Ultrasound (IUL) for approximately $4.7M (£3.6m). Link
  • Virtual healthcare startup Carena is acquired by telemedicine provider Avizia for an undisclosed amount. Link
  • Express Scripts Holding will acquire eviCore healthcare for $3.6B to boost its PBM’s presence in the medical benefit management services sector. Link
  • Tea Leaves Health which provides platforms for health systems to connect with patients on engagement campaigns is acquired by Welltok for more than $83M. Link
  • Rural-focused Azalea Health acquires EHR firm Prognosis Innovation Healthcare. Link
  • EagleDream Health, a cloud-based practice performance optimization company is acquired by NextGen Healthcare for approximately $26M. Link

SOME INTERESTING STARTUPS FOUND

RCM Brain (2017, Louisville) – An AI-based automation engine for providers to collect payments from payers.
Stellicare (2017, Encinitas) – A collaborative care integration software that aids clinicians in solving behavioral health problems in the medical settings.
QClinics  (2016, Montreal) – An AI-powered SaaS company that offers smart online queuing for walk-in clinics.

LEADER BOARD – HEALTHCARE ANALYTICS

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 (2013, Viginia, $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.

Population Health Management
MedHOK (2009, Tampa, $78M , Acq ) – 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
Outcome Health (2006, Chicago, $533M) -Provides hyper-targeted information to patients at the point of car. Baacked by Goldman Sachs, CapitalG, Leerink Transformation Partners, Pritzker Group, Balyasny Asset Management, Alpha Venture Partners and Norwest Venture Partners.

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.

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
Onduo (2016, Minneapolis, $500M) – Technology platform using devices, software, medicine and professional care to manage diabetes. Backed by Sanofi, and Verily. 

PatientSafe Solutions (2002, San Diego, $ 124M) – Provides smart point-of-care mobile solutions and innovating technologies enabling accountable care for healthcare organizations. Backed by HighBar Partners, Merck Global Health Innovation Fund, Camden Partners Holdings and more.

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, IPO) – 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
Hospital Information Management Systems
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.
Livescribe (2007, Oakland, $168M, Acq) – Provides smart CPOE solution platform for healthcareproviders. Backed by Qualcomm, Greenhouse Capital Partners, Scale Venture Partners, Double Bottom Line Investors, Lionhart, TransLink Capital, Keating Capitaland more. Acquired by Anoto in Nov 2015.

Practice Management & EHR Platforms
We Doctor Group (2010, Hangzhou, $521M) – Offers a practice management solutions to healthcare providers. Backed by Tencent, Fosun, Morningside Ventures, Qiming Ventures and Shandong Tyan Home Co.

Modernizing Medicine (2010, Boca Raton, $329M) –  Offers specialty-specific EMR with machine learning technology. Backed by Warburg Pincus, Pentland, Sands Capital Ventures, Summit Partners, Silicon Valley Bank, IBM and Sands Capital Management.

Clinical Operations Management
Imaging Advantage (2007, Santa Monica, $295M , Acq ) – 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
Awarepoint (2002, San Diego, $90M) – 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, $75M) – 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
Wellness Platforms
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. 

Castlighthealth (2008, SF, IPO) – Offers healthcare information on providers and pricing for enterprises. Went public in 2014. Went public in 2015.

Benefits Administration
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.

Hodges-Mace (2004, Atlanta, $98M) – Offers benefits communication and enrollment platform to large employers Backed by Stone Point Capital.

Healthcare Services
Crossover Health (2010, Aliso Viejo, $114M) –  Offers on-site or nearby clinics for employers to facilitate employee health consultations. Backed by Gurnet Point Capital, Norwest Venture Partners and FS Investors.

Teladoc (2002, Dallas, IPO) – Provider of telehealth services. Backed by  Silicon Valley Bank, Flag Capital Management, Greenspring Associates, BNY Mellon, Questmark Partners, Cardinal Partners, HLM Venture Partners, KPCB and more.

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.

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.
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.
Talyst (2012, Washington, $65M) – Pharmacy Management solutions to pharmacies. Backed by OVP Ventures, Align Investments, Ignition Partners.

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

For latest updates, visit the Healthcare Analytics feed.

Tracxn – Healthcare Newsletter # 120 – Consumer HealthTech

$
0
0

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – CONSUMER HEALTHTECH

  • 23andMe, a genetics testing company, has raised $250M in a round led by Sequoia Capital. Link.
  • Color Genomics, a genetics testing company, raised $80M from Charles River Ventures and General Catalyst Partners. Link
  • AbleTo, a digital platform to connect people with licensed therapists and coaches, has raised $37M in a round led by Bain Capital Ventures. Link
  • AgaMatrix, a diabetes management company, has secured a $32M loan to reorganize the company into two distinct entities. Link
  • Talkspace, an online counseling, and therapy provider, has raised $31M in a round led by Qumra Capital. Link
  • DispatchHealth, an On-demand physician visit service provider, has raised $31M in a round led by Alta Partners and Questa Capital. Link
  • Analyte Health, a telehealth platform for sexually transmitted diseases, has raised $27M. Link
  • Shuidihuzhu, a P2P insurance platform, has raised $24M. Link
  • Ieso Digital Health, an online interactive mental health therapy service provider, has raised $24M. Link
  • Stride Health, a health insurance advisor, has raised $23.5M in a round led by F-Prime Capital Partners. Link
  • BioSerenity, a provider of smart wearable solutions focusing on Epilepsy, has raised $18M in a round led by LBO France. Link
  • Yuemei, an online plastic surgery marketplace platform, has raised $12M. Link
  • Univfy, an online platform to predict the probability of success of fertility treatments, has raised $11.5M. Link
  • Antidote, a clinical trial matching platform, has raised $11M in a round led by Merck Global Health Innovation Fund. Link
  • Phil, a prescription management and delivery service provider, has raised $10M in a round led by Crosslink Capital. Link
  • JJKLife, a mobile app offering personal health services, has raised $9M. Link
  • Altibbi, a telemedicine platform and community for doctors, has raised $6.5M. Link
  • CallHealth, provider of Integrated at-home healthcare services, has raised $6M. Link
  • Aifloo, an AI based smart wristband for detecting health deterioration in elder citizens, has raised $6M in a round led by EQT Ventures. Link
  • Prima, developer of  BLOOM fertility device, has raised $5M. Link
  • Lively, a healthcare payments company, has raised $4.2M in funding. Link
  • Lifesense Group, developer of smart wearable solutions for pelvic floor muscle training, has raised $3.5M. Link
  • AskTia, a chatbot for women’s health, has raised $3M. Link
  • Sightbox, subscription-based contact lens provider, was acquired by Johnson & Johnson Vision Care. Link
  • Round Health, provider of smart pill bottle for medication adherence, has been acquired by Alto. Link
  • CareLinx, online caregiver marketplace, has been acquired by Generali Global Assistance. Link
  • MD Home Call, an online platform to book doctors for house call, has been acquired by Home Doctor. Link
  • Diabeto, provider of diabetes monitoring and management solutions, has been acquired by Livongo Health. Link
  • Beddit, the developer of a sleep-tracking device, has been acquired by Apple. Link

SOME INTERESTING STARTUPS FOUND

Clear Genetics (2016, SF) – Chatbot and telemedicine platform to interpret genetic results.
KroniKare (2017, Nobby Beach) – Mobile app for wound imaging, assessment and monitoring.

LEADER BOARD – CONSUMER HEALTH TECH

PERSONAL HEALTH MANAGEMENT
ONLINE INFORMATION SEARCH
Medical Content Providers
WebMD (1996, NYC, Acq.) – Online platform providing health-related information to consumers and healthcare professionals. Went public in 2005.

Healthline (2005, SF, $154M) – Health information portal. Also started providing appointment booking service through the platform by acquiring YourDoctor. Backed by U.S. News, Summit Partners, Comcast Ventures, VantagePoint Capital Partners, Peacock Equity, Kaiser Permanente Ventures, Mitsui, Trinity Capital Investment, Investor Growth Capital, PeakSpan Capital, REV.

Social Platforms
PatientsLikeMe (2004, Cambridge, $127M) – Online community for people with medical conditions. Backed by Omidyar Network, CommerceNet, Invus, Robert Wood Johnson Foundation, Collaborative Seed and, iCarbonX.

PERSONALIZED HEALTHCARE
Sharecare (2010, Atlanta, $300M) –  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   Summit Partners, Wells Fargo, TomorrowVentures, Heritage Group, Claritas Capital, OPRAH, Arsenal Venture Partners, Galen Partners, HCA, HMSA, Wellington Management, Swiss Re, New Evolution Ventures, Sony Pictures Television, and Trinity Health.

Your.MD (2013, London, $17M) – 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, $200.5M) – Social network for women and a menstruation period tracking app. Backed by  SIG China, The Cathay Funds, Matrix Partners China, and K2VC (Xianfeng Evergreen).

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 Sequoia Capital, ZhenFund, Ceyuan Investment Consulting, By-Health, Haitong International Securities Group, Tisiwi Ventures, and Bertelsmann Asia Investment Fund.
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. Acquired by BioTelemetry in December 2016.

DIY DIAGNOSTIC SOLUTIONS
Cognoa (2013, Palo Alto, $20M) – Developing an app for developmental disorder assessment for children. Backed by Morningside Venture Capital.

ResApp Health (2014, Perth, $10M, Acq.) – Smartphone-based respiratory diseases diagnosis tools. Acquired by Narhex in July 2015.

THERAPEUTIC SOLUTIONS
Chrono Therapeutics (2004, Waltham, $80M) – Device with programmable passive transdermal drug delivery for smoking cessation. Backed by Canaan Partners, Mayo Clinic, Rock Health, Kaiser Permanente Ventures, Endeavour Vision, 5AM Ventures, Emergent Medical Partners, NCI, Fountain Healthcare Partners, Mission Bay Capital, GE Ventures, Labuan IBFC, Cota Capital, Xeraya Capital, Mayo Clinic Ventures, and Hikma 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, Express Scripts and Baseline Ventures.

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 and Bertelsmann Asia Investment Fund.

AmericanWell (2006, Boston, $96M) – Telehealth platform that connects users with doctors over the video feed. Backed by Inventures Alliance Management Company.  

Homecare
Heal (2014, LA, $52M) – Mobile app for on-demand home visits for a family doctor. Backed by  Pritzker Group, Slow Ventures, Armada Investment, Breyer Capital, Slow Ventures, March Capital Partners, Singulariteam, and HashTag One.

Pager (2014, NYC, $34M) – Mobile app for on-demand doctor house call. Backed by NEA, Lux Capital, Abundance Partners, Montage Ventures, Goodwater Capital, Streamlined Ventures, Summation Health Ventures, QueensBridge Venture Partners, and Sound Ventures.

Appointment booking  
We Doctor Group (formerly Guahao) (2010, Hangzhou, $520.5M) – Online platform for appointment booking with doctors and a healthcare information portal. Backed by   Goldman Sachs, Morningside Group, Tencent, Fosun International, Hillhouse Capital, Shandong Tyan Home, Qiming Venture Partners, CDB Capital, Fosun Kinzon Capital, Morningside venture Capital, and F&H Fund Management.
ZocDoc (2007, NYC, $223M) – 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  Khosla Ventures, Atomico, Goldman Sachs, Founders Fund, DST Global, Bezos Expeditions, Vast Ventures, Baillie Gifford, Social Starts, Haystack Partners.

DIAGNOSTICS
Dx Kits
23andMe (2006, Mountain View, $491M) – 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. Acquired by Health Elements in December 2013.

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  Fidelity Investments, Khosla Ventures, Goldman Sachs, Founders Fund, General Catalyst Partners, Thrive Capital, Glynn Capital, Lakestar, Western Technology Investment, Red Swan Ventures, Formation 8, CapitalG, Breyer Capital, Wellington Management, Darwin Ventures, The Cambria Group, Lerer Hippeau Ventures, Ping An Ventures, BoxGroup, Nima Capital, 8VC, and Brainchild.

Aggregator
GoHealth Insurance (2001, Chicago, $50M) – Online price comparison and shopping portal for health insurance. Backed by NEP.

Gravie (2013, Minneapolis, $44M) – 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,  Brightstone Venture Capital, 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  JD.Com, Orient Securities, Tuspark Ventures, Nine co-venture, Greenwoods Investments, Grand Yangtze Capital, Govtor Capital, and Share Capital.  

Yiyao  (2010, Guangzhou, $72M) – Online drug store that sells over-the-counter medications, traditional Chinese remedies, and a variety of other health products.Backed by China Equity Group, and Ivy Capital, ClearVue Partners
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.

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. Went public in 2014.

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, Thrive Capital, True Ventures, Kapor Capital, Rock Health, Homebrew, BAM Ventures, NFX Guild, Syno Capital, and 8VC.
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 Accel Partners, Atlantic Labs, TA Ventures, and CLI Ventures.

CLINICAL TRIAL ENROLLMENT
Antidote (2008, London, $29M) – 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.

Tracxn Healthcare Newsletter # 121 – Medical Devices

$
0
0

RECENT NOTABLE ACTIVITY – MEDICAL DEVICES

  • Invendo Medical, a developer of single-use high definition endoscopy products, is to be acquired by Ambu for $265M. Link
  • Rotation Medical, a developer of rotator cuff repair system, is to be acquired by Smith & Nephew for $210M. Link
  • Revolutionary Medical Devices, a developer of products for airway management, is to be acquired by Vyaire Medical. LinkInnoMed Technologies, a developer of sleep apnea therapy interfaces and masks, is to be acquired by Mergenet Medical. Link
  • Jotec, a developer of stents and grafts for Aortic and Peripheral arterial disease, is to be acquired by CryoLife. Link
  • Clinical Innovations, a developer of devices for mothers and their babies, is to be acquired by EQT. Link
  • Vexim, a developer of expandable vertebral compression fracture implant, is to be acquired by Stryker. Link
  • SurgVision, a developer of fluorescence image guided surgery platform, is to be acquired by Bracco Imaging. Link
  • NeuroPace, a developer of seizure-monitoring device, raised $74M in a Series E round led by KCK Group and OrbiMed Advisors. Link
  • Eargo, a developer of hearing aid, raised $45M in a Series C round led by Nan Fung Life Sciences. Link
  • Vital Connect, a developer of biosensor patch for body vitals monitoring, raised $38M in a Series E round led by MVM and Baxter Ventures. Link
  • Shockwave Medical, a developer of cardiovascular balloon dilation catheters, raised $35M in a Series C round. Link
  • TELA Bio, a developer of surgical reconstruction solutions, raised $15M in a Series C round. Link
  • Claret Medical, a developer of cerebral vascular protection systems, raised $14.5M in a Series C round led by Lightstone Ventures. Link

SOME INTERESTING STARTUPS FOUND

Promaxo ($5M, Rockville, 2016) – A portable MRI for the cancer diagnostics market
Keranova ($4.55M, Saint-etienne, 2015) – A surgical equipment for anterior chamber Ophthalmic surgery

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 electrosurgical products for gynecologic 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 & Maxillofacial
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.

Tracxn – Healthcare Newsletter # 122 – Life Sciences- Software

$
0
0

A daily newsletter summarizing recent activity & interesting startups globally

RECENT NOTABLE ACTIVITY – LIFE SCIENCE – SOFTWARE

  • WuXi NextCODE, a provider of a global standard platform for genomic data has completed $240M Series B round with investment from a consortium led by Sequoia China and including Temasek, Yunfeng Capital and 3W Partners with participation from Temasek, Yunfeng, 3W and Amgen Ventures. Link
  • Antidote Technologies, which provides a clinical trial matching platform raised $11M in a funding round led by Merck Global Health Innovation Fund (GHI) with participation from investors Smedvig Capital and Octopus Ventures. Link
  • Signet Accel which provides data interoperability solutions to US health systems, consortia, research institutions and biopharma companies raised $8M in a Series-A round led by Edison Partners. Link
  • Moffitt Cancer Center‘s spinoff M2Gen, a provider of healthcare informatics solutions has received a $75M investment from Hearst’s business media channel. Link
  • Deep Genomics, the AI-driven genetic medicine company has raised $13M equity investment led by Khosla Ventures
    with participation from True Ventures. Link
  • Recursion Pharmaceuticals which has developed a proprietary drug discovery platform raised $60M Series B financing led by Data Collective (DCVC). Link
  • Zageno, an online marketplace for Life Sciences research products raised $8M in a Series A investment led by Capnamic Ventures along with Grazia Equity. Link
  • Metabolon, the global leader in metabolomics has acquired metabolomics services and diagnostics company Metabolomic Discoveries for an undisclosed amount. Link
  • Invicro which provides imaging services and software for research and drug development is acquired by Konica Minolta. Link
  • Pilgrim Quality Solutions, a provider of quality and compliance management software and services for Life Sciences has been acquired by an undisclosed US-based strategic acquirer or an undisclosed amount. Link
  • mProve Healthwhich provides mobile technologies for life science companies is acquired by clinical trial technology and specialty services provider, Bracket.

SOME INTERESTING STARTUPS FOUND

ClosedLoop (2017, Austin) – An AI-based risk predictive platform for payers, providers & pharma companies.
Structura (2016, Toronto) –  A software that uses ML algorithms for drug discovery and research.
Bioxplor (2016, Dusseldorf) – A  Big Data-based virtual laboratory platform with an AI-based biomarker and drug discovery tool.

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 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, Crossroads Capital.

BioNano Genomics (2003, San Diego, $101.4M) has developed a platform for imaging single molecules of DNA at megabase lengths, allowing the mapping of large chunks of the genome at great resolution.Backed by   National Institutes of Health, Ben Franklin Technology Partners, Legend Capital, KT Venture, 21Ventures, Domain Associates, Innovation Valley Partners, Battelle Ventures, NCI, NHGRI, Novartis Venture Fund, and Monashee Investment
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
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.

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 , Acq ) provides advanced data analysis services and software in the field of preclinical imaging research.Acquired by Konica Minolta in Sep 2017.

Clinical Trial Solutions
Medidata (1999, New York, $66.2M, 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, $45.9M) 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, $215M) 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, $25.1M) 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.

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, 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.

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, $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.

Viewing all 105 articles
Browse latest View live