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
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) – 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 analyti
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.
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