5 notable well being tech funding bulletins in December

5 notable well being tech funding bulletins in December

This abstract is meant to focus on among the most notable funding rounds of the month and isn’t supposed to be all-inclusive.

Well being tech firms made a number of main funding bulletins in December. Here’s a record of among the largest funding rounds.

ŌURA Raises $200 Million in Collection D Funding

Based in Finland in 2013, ŌURA gives a wise ring referred to as the Oura Ring and an accompanying app. The ring offers customized insights and steerage on sleep, exercise, preparedness, stress, resilience, ladies's well being and coronary heart well being.

Constancy Administration & Analysis Firm and Dexcom participated in ŌURA's $200 million Collection D spherical. ŌURA has raised greater than $550 million thus far, and the Collection D spherical brings its valuation to $5.2 billion. The financing will help the corporate because it expands its product providing and explores potential acquisitions.

Clear Secures $106 Million in Collection C Financing

Denver-based Cleerly makes use of FDA-cleared synthetic intelligence-based options to allow detailed phenotyping of coronary artery illness based mostly on superior non-invasive CT imaging.

The $106 million funding spherical was led by Perception Companions and joined by Battery Ventures with participation from current traders. The funding will assist Cleerly “proceed its business progress and technology of scientific proof, enabling healthcare professionals to enhance affected person outcomes throughout the coronary care pathway,” in accordance with the announcement.

Transform Well being raises greater than $100 million

Indianapolis, Indiana-based Transform Well being helps employers and workers arrange and entry Particular person Protection Well being Reimbursement Association (ICHRA) plans. ICHRA permits employers to supply their workers with tax-free cash every month that they will use to buy well being care companies for his or her wants. Transform Well being's companies embrace plan creation and administration, name middle help, automated quoting and worker onboarding.

The $100 million financing comes from Oak HC/FT and Hercules Capital. The funding will assist the corporate develop nationally, enhance its platform capabilities and develop its partnerships with brokers, companies and carriers.

Cala Well being raises $50 million

Cala Well being, based mostly in San Mateo, California, is a bioelectronic drugs firm. It gives FDA-approved, non-invasive hand vibration gadgets.

The $50 million increase was co-led by Vertex Progress Fund and Nexus NeuroTech Ventures and included participation from Motion Potential, Johnson & Johnson, Lightstone, Lux Capital, GV (Google Ventures), OSF Ventures, Ascension Ventures, TriVentures, Reimagined Ventures, Peak6 and Tax.

Soda Well being Raises $50 Million in Collection B Funding

Bentonville, Arkansas-based Soda Well being connects healthcare organizations and their members with a community of shops to help advantages for meals, healthcare merchandise and pharmacy companies. It gives a wise advantages card that members can use for accredited items and companies. Moreover, prospects obtain analytics to assist them discover gaps in care and enhance star rankings. Soda Well being additionally gives instruments that permit well being plans to simulate completely different combos of well being advantages.

The $50 million Collection B financing spherical was led by Basic Catalyst and included participation from former Humana CEO Bruce Broussard, Lightspeed Enterprise Companions, Outline Ventures, Qiming Enterprise Companions USA and SVB Capital. Soda Well being has raised a complete of $100 million. The corporate will use the funding to scale its operations, launch new information merchandise and develop into new profit classes.

Picture: Feodora Chiosea, Getty Photographs

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