5 Notable Well being Tech Funding Bulletins in July

5 Notable Well being Tech Funding Bulletins in July

This overview is meant to spotlight among the month's most notable funding rounds and isn’t meant to be exhaustive.

Healthtech firms made a number of main funding bulletins in July. Here’s a record of among the largest funding rounds.

Flo Well being Raises $200 Million in Collection C Funding

London-based Flo Well being is a girls’s well being app that provides interval and ovulation monitoring, tailor-made well being insights, visible content material, and a non-public neighborhood to ask questions. The app additionally has a characteristic known as Flo for Companions, which permits customers to teach their companions about their menstrual and reproductive well being.

The $200 million funding got here from Normal Atlantic. The funding “will assist place Flo for its subsequent section of progress, with a concentrate on increasing into new person segments together with perimenopause and menopause, enhancing its technology-driven well being insights, and pursuing strategic enlargement alternatives,” the announcement stated. The corporate's valuation now exceeds $1 billion.

HarmonyCares Raises $200 Million

HarmonyCares, primarily based in Troy, Michigan, is a value-driven supplier of residence well being care companies. It focuses totally on high-risk sufferers. The corporate has residence well being practices in 15 states.

The $200 million funding spherical was led by Normal Catalyst, McKesson Ventures and a “main nationwide payer.” The spherical additionally included participation from K2 HealthVentures, Rubicon Founders, Valtruis, HLM Capital and Oak HC/FT. The funding will assist the corporate develop into further markets and develop novel applied sciences to enhance scientific outcomes and affected person satisfaction.

Spring Well being Raises $100 Million in Collection E Funding

Spring Well being, primarily based in New York Metropolis, is a psychological well being companies firm for employers and well being plans. It gives meditation, teaching, remedy, remedy and different companies. Its Precision Psychological Healthcare providing analyzes knowledge on affected person signs and sociodemographic info to find out the very best care plan for every affected person.

The $100 million Collection E funding spherical was led by Technology Funding Administration and included participation from Kinnevik, William Ok Warren Basis, RRE and Northzone. It values ​​Spring Well being at $3.3 billion. The funding will help product and expertise growth and assist the corporate develop into new audiences.

Headway Raises $100 Million in Collection D Funding

Headway, primarily based in New York Metropolis, helps psychological well being clinicians settle for sufferers by way of insurance coverage by supporting them with accreditation, onboarding, scientific coaching, scheduling, billing and different companies. On Headway’s platform, sufferers can seek for psychological well being suppliers by location, care supplier and insurance coverage provider, and schedule an appointment inside 48 hours.

The $100 million Collection D funding spherical was led by Spark Capital and included participation from Thrive Capital, Accel, a16z and Forerunner Ventures. The spherical values ​​the corporate at $2.3 billion. Headway will use the funding to develop into Medicare Benefit and Medicaid.

Thyme Care Secures $95 Million in Collection C Funding

Thyme Care, primarily based in Nashville, Tennessee, works with well being insurers, employers and risk-bearing suppliers in 31 states to help sufferers battling most cancers. It gives care navigation companies, expertise and knowledge insights, and therapeutic interventions. The corporate additionally helps sufferers perceive their analysis, discover a most cancers physician and obtain scientific care between appointments.

The $95 million capital increase consists of $55 million in fairness from Harmony Well being Companions, CVS Well being Ventures, City Corridor Ventures, a16z Bio+Well being, AlleyCorp, Echo Well being Ventures, Frist Cressey Ventures and Foresite Capital. Banc of California is offering $40 million in debt financing. The funding will assist Thyme Care develop its enterprise by including extra partnerships with enterprise capitalists.

Picture: Abscent84, Getty Pictures

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