A daily newsletter summarizing recent activity & interesting startups globally
RECENT NOTABLE ACTIVITY – TELEMEDICINE
- Ping An Good Doctor, an online platform to consult doctors remotely, completed a $500M Series A round of financing. Link
- Talkspace, an NYC-based provider of an online therapy platform, raised $15M in Series B funding led by Norwest Venture Partners. Link
- RetraceHealth, a concierge care provider using nurse practitioners, was funded $7M in Series A round of funding. Link
- Vios Medical, a remote patient monitoring system, raised $3.98M in Series A round of funding. Link
- WeCounsel Solutions, a Chattanooga-based telemedicine software company, closed a Series A equity funding of $3.5M. Link
- Avizia, a real-time video collaboration platform, raised $3.1M in Series B round of funding. Link
- ReGroup Therapy, an on-demand provider of virtual mental health teams to health entities, raised over $1.8M in a seed round. Link
- Fruit Street Health, a telehealth software solutions provider, raised $1.4M in crowdfunding from 120 physicians. Link
- PurpleHealth, an on-demand health platform, raised $100k from Katabole Technology Venture. Link
- iCliniq, an online doctor consultation platform, raised an undisclosed amount in an angel round from an Erode-based laparoscopic surgeon MadhanKumar Madathupalayam. Link
- Visit, Delhi-based on-demand healthcare service provider raised an undisclosed amount in seed funding from tech company MapmyIndia. Link
- Connecture, a technology company that builds online health insurance marketplaces, acquired ConnectedHealth, a platform that makes it easier for consumers and employees to shop for personalized health insurance online. Link
SOME INTERESTING STARTUPS FOUND
MyCampusDoc (2015, Dallas) – Provides college students with a discount card to assist them with their medical needs including teleconsultation.
LEADER BOARD – TELEMEDICINE
Tele-Consultation
Teladoc (2002, Dallas, IPO) – Telemedicine provider offering web and mobile based video consultation. Backed by Cardinal Partners, HLM Venture Partners, Trident Capital, New Capital Partners, Jafco Ventures, Kleiner Perkins Caufield & Byers, Greenspring Associates, BNY Mellon, Questmark Partners, FLAG Capital Management. Went public in June 2015.
American Well (2006, Boston, $123M) – Telehealth platform that connects users with doctors. Backed by Inventure Partners.
Specialists On Call (2004, Reston, $112M) – Telemedicine services for Tele-Neurology, Tele-Psychiatry and Tele-Intensivist. Backed by Warburg Pincus.
Doctor On Demand (2012, SF, $87M) – Telemedicine services based on a pay-per-use model. Backed by Venrock, Shasta Ventures, Qualcomm Ventures.
MDLIVE (2009, Sunrise, $74M) – Online and on-demand telemedicine services. Backed by Bedford Funding, Heritage Group, Sutter Health, Kanye Capital.
Tele-Monitoring
iRhythm Technologies (2006, SF, $95M) Remote cardiac rhythm monitoring device. Backed by Mohr Davidow Ventures.
AirStrip (2003, San Antonio, $65M) Mobility solutions for providers to access patient data remotely. Backed by Wellcome Trust, Sequoia Capital, West Health Institute, Qualcomm Ventures.
Watermark Medical (2008, Boca Raton, $45M) Home sleep testing solutions to determine presence and severity of obstructive sleep apnea. Merged with SleepMed. Backed by Ballast Point Ventures.
MD Revolution (2011, San Diego, $34M) Platform for healthcare providers to predict and prevent chronic disease via behaviour change. Backed by Jump Capital.
Healthsense (2001, Mendota, $33M) Remote monitoring, emergency calls and wellness management solutions. Backed by Radius Ventures, Merck & Co., Mansa Capital, Merck Global Health Innovation Fund.
Tele-Rehabilitation
Pursuant Health (2007, Atlanta, $29M) Interactive healthcare platforms and kiosks. Backed by WellPoint, Novartis, Dell, Coinstar.
Tech Enablers
InTouch Health (2002, Santa Barbara, $34M) Proprietary communications and mobile robotic platform. Backed by Acacia VP, iRobot, Beringea.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates visit Telemedicine feeds