A daily newsletter summarizing recent activity & interesting startups globally
RECENT NOTABLE ACTIVITY – TELEMEDICINE
- Dialogue, a mobile-first telemedicine service, has raised $4M in a seed-stage financing round led by Diagram, BDC Capital and Hacking Health Accelerator. Link
- iExhale, an online therapists consultation platform, received $1.9M in a seed funding round led by Dorilton Capital. Link
- First Stop Health, a telemedicine company offering services through employers, received $1.6M in angel funding. Link
- Celes Care, an online telemedicine platform for women health, raised $1.5M in a seed funding round led by Ventureast, Endiya Partners, Eight Roads Ventures and F-Prime Capital Partners. Link
- JunoClinic, an online platform to consult with psychologist and psychiatrist, raised $1.2M in an angel funding round led by a group of individual investors. Link
- Akos, a telemedicine platform to connect patients with local GPs, has raised $1M in seed funding from a group of physicians. Link
- Xiaolu Yiguan, an online telemedicine platform for traditional Chinese medicine, closed an undisclosed Series B funding round led by Redpoint Ventures and Sinovation Ventures. Link
- GlobalMed acquires Miami-based telemedicine startup TreatMD. Link
- A new study published in the journal Health Affairs suggests telehealth may increase overall healthcare spending. Link
- Teladoc partners with Kinsa to add digital thermometer to telemedicine offering. Link
SOME INTERESTING STARTUPS FOUND
Amigo (2016, Chennai) – Amigo is a mobile-based anonymous counseling application. It offers mental health related counseling by qualified experts anonymously.
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 and FLAG Capital Management. Went public in July 2015.
Ping An Good Doctor (2014, Shenzhen, $500M) – Online platform to consult doctors remotely. Backed by ClearVue Partners.
Chunyu Yisheng (2011, Beijing, $244M) – App that lets users remotely consult with physicians. Backed by BlueRun Ventures, CICC, Bertelsmann Asia Investment Fund and ICH Group.
Specialists On Call (2004, Reston, $182M) – Telemedicine services for Tele-Neurology, Tele-Psychiatry and Tele-Intensivist. Backed by Warburg Pincus and CRG.
American Well (2006, Boston, $123M) – Telehealth platform that connects users with doctors. Backed by Inventure Partners, Anthem and Jefferson Healthcare.
Doctor On Demand (2012, SF, $87M) – Telemedicine services based on a pay-per-use model. Backed by Venrock, Shasta Ventures, Qualcomm Ventures and 14 other investors.
MDLIVE (2009, Sunrise, $74M) – Online and on-demand telemedicine services. Backed by Heritage Group, Bedford Funding, Kayne Anderson Capital Advisors and Sutter Health.
Tele-Monitoring
iRhythm Technologies (2006, SF, IPO) Remote cardiac rhythm monitoring device. Backed by Stanford University, Norwest Venture Partners, Mohr Davidow Ventures, California HealthCare Foundation, New Leaf Ventures, Kaiser Permanente Ventures, Novo A/S, Synergy Life Science Partner and St. Jude Medical. Went public in October 2016.
Watermark Medical (2008, Boca Raton, $53M) Home sleep testing solutions to determine presence and severity of obstructive sleep apnea. Merged with SleepMed. Backed by Yet2ventures and Ballast Point Ventures.
MD Revolution (2011, San Diego, $43M) Platform for healthcare providers to predict and prevent chronic disease via behavior change. Backed by Bootstrap Incubation and Jump Capital.
Healthsense (2001, Mendota, $33M, Acq.) Remote monitoring, emergency calls and wellness management solutions. Acquired by GreatCall in December 2016.
Tele-Rehabilitation
Satchel Health (2014, Nashville, $1M) Telehealth and remote monitoring solutions for post-acute care providers. Backed by TriStar Technology Ventures, NueCura Partners and Jumpstart Foundry.
Tech Enablers
InTouch Health (2002, Santa Barbara, $64M) Proprietary communications and mobile robotic platform. Backed by Beringea, Acacia Venture Partners, InvestMichigan, Galen Partners and iRobot.
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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