A daily newsletter summarizing recent activity & interesting startups globally


  • Sense.ly, a virtual nurse platform for patient engagement and chronic disease monitoring raised $8 million in a Series B funding round led by Chengwei Capital with participation from Mayo Clinic, Bioved Ventures, Fenox Venture Capital and the Stanford StartX fund. Link
  • Sigtuple, a company offering a pltaform for automating disease diagnosis which uses machine learning for sample and image analysis raised $ 5.8 Million in Series A funding round led by Accel Partners and investment form IDG Ventures, Endiya Partners, Pi Ventures, VH Capital and Axilor Ventures. Amit Singhal, Neeraj Arora and S D Shibulal also invested in personal capacity.Link
  • THINKMd, a company offering point of care clinical assesment tools has raised an undislosed amount of seed funding from FreshTracks Capital and DAI in February. Link
  • Keriton, a company offering breast milk management system raised $1 million in Seed funding round led byed by BioAdvance with participation from Ben Franklin Technology Partners, Dreamit Ventures, Penn Medicine, Amerihealth, Wharton, Dorm Room Fund and investor Steve Barsh.Link
  • Verily Life Sciences a healthcare subsidiary of Alphabet received $800M funding from Temasek Holdings. Link
  • SilverCloud is a cloud-based platform that enables healthcare organizations to deliver a broad range of engaging therapeutic programs to their clients raised $8.1 million in Series A funding led by B Capital Group with participation from ACT Venture Capital, Investec Ventures and AIB Seed Capital Fund managed by DBIC, NDRC and Enterprise Ireland. Link
  • The Right Place (TRP) is a cloud-based bed board management platform raised an undisclosed amount in Series A funding from Athena health. Link
  • Advanced MR Analytics (AMRA) offers BCP (Body Composition Profile), for body composition measurement that leverages quantified MRI scans raised $9 Million Investment from Pfizer Venture Investments, Novo Seeds and Industrifonden. Link
  • KenSci which offers a platform to predict clinical risk, financial risk and operational risk, enabling health systems to transition to value-based care raised $8.5M in a Series A round from Mindset Ventures, Ignition Partners, and  Osage University Partners. Link
  • Signum Health a digital referral platform and a range of remote diagnostic services for medical professionals, healthcare providers raised a six-figure equity co-investment from Finance Wales and four angel investor. Link
  • Intensix provides predictive analytics solution for healthcare providers to improve the intensive care unit (ICU) clinical outcome raised $8.3 Million in Series A, Funding Led by Pitango Venture Capital. Link
  • HealthReveal provides a cloud-based, digital health solution that analyzes in real time, the health of at-risk patients and provides evidence-based diagnostic and treatment guidance$10.8m in Series A Funding led by GE Ventures with participation from Greycroft Partners, Flare Capital Partners, and Manatt Ventures. Link
  • Health123 is a cloud platform providing a mobile and web applications to healthcare providers to engage patients throughout their treatment was acquired by Samepage Health which sells online tools to help professionals treat patients with multiple behavior health and medical conditions.. Link
  • Redox,an integration platform for digital healthcare applications raised $9M in Series B from existing investors 406 Ventures, HealthX Ventures, and Flybridge Capital Partner. Link
  • Doctolib is a free online service, based out of France, that helps consumers find a nearby health practitioner and book appointment, raised $27.9M in Series C led by public investment bank BpiFrance. Link
  • Epic Health, a platform which allows members to connect directly with doctors through video voice and text communication raised a $335K in seed funding. Link
  • Geneva Healthcare which offers cardiac device data management suite that collects and organizes implantable device data from cardiac rhythm management (CRM) devices raised $1.9 million in Series A funding in a round led by Nebraska Medicine. Link
  • TAO Connect a suite of online management tools for therapists, raised $460k in funding from New World Angels. Link
  • Ortho Kinematics is a spine diagnostics company which provides spine motion analysis and diagnostic services raised $7.6M in funding. Link
  • PointClickCare Technologies Canada-based software and services provider for the long-term post-acute care and senior living markets, raised $85m in funding led by Dragoneer Investment Group with participation from JMI Equity. Link
  • Sidekick is a mobile-based, gamified social health platform raised $1.5 million from Frumtak Ventures. Link
  • Inbox Health, a startup transforming patient billing and payments, has closed a $1.5 million Seed Round of funding by Connecticut Innovations, with participation from Launch Capital, Enhanced Capital, I2BF Global Ventures. Link
  • Verato offers a cloud-based matching platform that links and matches identities across disparate databases or organizations raised $12.5M in Series A funding from Bessemer Venture Partners, Columbia Capital. Link
  • Connexions Asia (CXA) is an insurance and wellness marketplace $25 million Series B investment round, co-led by B Capital Group and Singapore-based EDBI. Link
  • Hashed Health, a startup leading its namesake healthcare blockchain consortium aiming for real-world deployment of blockchain-based applications in the U.S. healthcare sector has raised $1.85 million in an initial funding round led by prominent healthcare sector investor Martin Ventures. Link
  • Payspan is a provider of healthcare reimbursement and payment automation raised an undisclosed amount in the Series E from Primus capital. Link
  • Arcadia offers an analytics platform that integrates data from EHR platforms and uses that data to drive improvements in the patient care quality, practice efficiency, and financial performance has raised $30 million from a number of investors, including GE, Blue Cross Blue Shield of Massachusetts and Merck subsidiaries. Link
  • Avalon Health Solutions, a portfolio company of Francisco Partners offers laboratory benefits management platform for physicians, patients, and payers raised an undisclosed amount from Mosaic Health Solutions (Mosaic), BlueCross BlueShield of South Carolina, and Francisco Partners Link 
  • PeraHealth, formerly known as Rothman Healthcare provides clinical decision support solutions based on the Rothman Index (RI), an algorithm that calculates Universal Patient Score based on 50+ measures raised $14 million in funding from Mainsail Partners. Link
  • Connected health develops a product “Lifetime” which is a secure connection between doctor and patient over the phone raised $1.06M in seed funding. Link
  • FlexMinder, a SaaS company that automates healthcare reimbursement processes was acquired by acquired by Jellyvision, a Chicago company that makes employee communication software. Link
  • CoverMyMeds one of the leading electronic prior authorization solution provider is set to be acquired by Mckesson fro $1.37B. Link
  • Seamless Medical Systems provides an iPad based data capture and healthcare information platform was acquired by GetWellNetwork  Link
  • Mediware which provides a suite of clinical and performance management information software solutions to healthcare providers and payers was acquired by Thomas Bravo, a private equity investment firm. Link


Snippet (2017, Seattle) – Offers a platform designed to help primary care practitioner with designing an optimal treatment plan for their patients.
Humanoo (2016, Berlin) –  Offers app based employee motivational tools and comprehensive health reports for employees.
eMindLog (2016, Greenville) – An online ecosystem that empowers individual quantitative self-measurement of the mind.


Evolent Health (2011, Virginia, IPO) – Provides healthcare technologies and services that improve clinical, operational and business outcomes. The company’s services include providing customers with a population.

Privia Health (2007, Virginia, $419M) – Builds and enables physician groups and clinically integrated provider networks using technology, team-based care, and wellness programs to help doctors to manage the health of their populations. Backed by Goldman Sachs, Pamplona Funds, Cardinal Partners, Brighton Health, Health Enterprise Partners and Morgan Noble.
Lumeris (2001, Maryland Heights, $211M) – Provider of population health management solutions to health systems, payers and providers. Backed by BlueCross BlueShield Venture Partners, Camden Partners, Kleiner Perkins Caufield & Byers and Sandbox industries.

Population Health Management
MedHOK (2009, Tampa, $77M) – Provides a SaaS-based platform that uses predictive analytics to allow payers to identify and target member health risks, trigger workflow interventions, and improve the quality of care. Backed by Spectrum Equity and Bain Capital Ventures.

Humedica (2008, Boston, $63M, Acq) – Provides analytics solutions for healthcare providers to create a longitudinal view of individual patients and patient populations by gathering, normalizing, and analyzing data from EHRs, practice management, claims data. Backed by NorthBridge and Bain Capital Ventures.

Patient Engagement
Accolade (2007, Pennsylvania, $163.5M) – Provides consumer healthcare engagement and influence solution for large self-insured employers and payer organizations. Backed by Mckesson, Carrick Capital Partners, Com Cast Ventures.
MindMaze (2012, Lausanne, $118.5M) – Develops interfaces for neuro-rehabilitation, game training, and 3D imaging, using VR/AR and neurophysiological recording technologies.

Medication Adherence
Proteus Digital Health (2001, California, $404M) – Digital medicine platform includes unique measurement tools like sensor enabled pills, a biometric sensor patch worn on the body that receives data from sensors and sends it to the cloud, from where it can be analyzed using a smartphone app by doctors and caregivers. Backed by Novartis, Medtronic, Oracle, KP Ventures.

Care Coordination
Remedy Partners (2006, San Franciso, $95M) – Enables healthcare providers in developing and operating patient-centric episodic payment programs. Backed by Bain Capital ventures.

PatientSafe Solutions (2002, San Diego, $88.5M) – Provides smart point-of-care mobile solutions and innovating technologies enabling accountable care for healthcare organizations. Its flagship product, the PatientTouch System, delivers measurable safety and quality improvement by making care team workflows streamlined.

Remote Monitoring
LifeWatch (1993, New Jersey, IPO) – It is a maker of a medical device to be are worn on the chest to record heart’s rhythm. The data is continuously collected and analyzed in a dedicated mobile device.

iRhythm Tech (2006, San Franciso, $95M) – Its product the Zio Patch is a wearable patch designed to gather beat-to-beat heart data for diagnosis of cardiac arrhythmias. Backed by California Healthcare Foundation, Kaiser Permanente Ventures, Mohr Davidow Ventures, New Leaf Venture Partners, Northwest Venture Partners, and Synergy Life Science Partners.
EarlySense (2004, Tel Aviv, $85M) – Developed a sensor that is placed under the mattress and monitors body vitals as well as bed entries and exits, patient motion, and quality of sleep eliminating the need for regularly manually checking the patients in constant care. Backed by Pitango Capital Ventures and JKB Capital.
AirStrip technologies (2003, San Antonio, $65M) – Platform allows clinicians to securely access patient monitoring data such as continuous heart tracings and other waveforms – along with parameters such as BP, temperature, etc from EMRs, bedside monitors, and devices on their laptops and mobiles. Backed by Sequoia Capital, Welltrust Fund,and Qualcomm Ventures.

Suite Solutions
Epic (1979, Madison) – Develops, implements and supports IT software solutions for healthcare providers.

Cerner (1979, Kansas City, IPO) – End-to-end healthcare information technology solutions and services for the healthcare provider to optimize clinical, financial and operational outcomes.Went public in 1986.

EHR Platform
Practice Fusion (2005, SF, $155M) – Provides a free, web-based Electronic Health Record (EHR) platform to physicians. Backed by Qualcomm, Longitude Capital, Artis Ventures, SV Angels, Band Angels, Orbimed and KPCB.

Kareo (2004, Irvine, $137M) – Provides a SaaS-based practice management system to healthcareproviders. Backed by  Escalate Capital, OpenView, SVB Financial Group, Montreux Equity Partners, Silver Lake, Greenspring Associates, Western Technology Investment, Stripes Group.

Practice Management
We Doctor Group (2010, Hangzhou, $521M) – We Doctor Group, earlier Guahao offers a platform to consumers and doctors, to book and manage appointments. Offers a practice management solutions to healthcare providers. Backed by Tencent, Fosun, Morningside Ventures, Qiming Ventures and Shandong Tyan Home Co.
Practo (2008, Bangalore, $125M) – Offers a web-based platform to patients and doctors. The SaaS-based practice management solution for physicians is called Practo Ray. Backed by Matrix Partners, Sequoia Capital, Tencent, Google Capital and InnoVen Capital.

Home care Management
Homecare Homebase (2001, Dallas, $57M) – Cloud-based tech enabler for Hospice & HomeCare organizations. Backed by SV Life Sciences.

Kinnser Software (2003, Austin, $40M) – Offers web-based software solution for point of care, billing and administration services to home health agencies. Backed by Insight Partners and Georgian Partners.

Clinical Operations Management
Imaging Advantage (2007, Santa Monica, $295M) – Offers RadAdvisor, a cloud-based decision support platform for radiologists that helps in diagnostic decision support. Backed by Goldman Sachs, Brightwood Capital Advisors, and CRG.

HeartFlow (2007, Redwood City, $227M) – Provides cardiovascular diagnostic support using CT scans and high-performance computing to provide physicians with data about blood flow within the coronary arteries. Backed by Capricorn Investment Group and US Venture Partners.

Administrative Solutions
Livescribe (2007, Oakland, $156M, Acq) – Provides smart CPOE solution platform for healthcare providers. Backed by Qualcomm, Greenhouse Capital Partners, Scale Venture Partners, Double Bottom Line Investors, Lionhart, TransLink Capital, Keating Capital, Presidio Ventures, Crosslink Capital, DBL Partners, Aeris Capital, VantagePoint Capital Partners. Acquired by Anoto in Nov 2015.

Awarepoint (2002, San Diego, $88M) – Offers Location-as-a-Service for healthcare organizations to facilitate asset management and tracking. Backed by KPCB, Cardinal Partners, SVB Financial Group, Venrock, Heritage Group, Icon Ventures, Jafco Ventures, Avalon Ventures, Avalon Ventures, Top Tier Capital Partners, New Leaf Ventures.
Phreesia (2005, NYC, $76M) – Provides a patient check-in platform for healthcare providers. Backed by BlueCross BlueShield Venture Partners, Escalate Capital, Ascension Ventures, Ascension Ventures, LLR Partners, Polaris Partners, Sandbox Industries, Long River Ventures, HLM Venture Partners, VantagePoint Capital Partners. 
Evariant (2008, Farmington, $69M) – Provides platform for digital marketing solutions. Backed by Lightspeed Venture Partners, Health Enterprise Partners, Enterprise Partners Venture Capital and Goldman Sachs.

Professional Networks
Doximity (2011, San Mateo, $82M) – Mobile/web networking platform for physicians, medical professionals. Backed by Interwest Partners, Emergence Capital, T. Rowe Price, DFJ Venture, Morgan Stanley and Morgenthaler Private Equity.  

Sermo (2000, New York City, $60M) – Social network for physicians. Backed by Kennet Partners and Deerfield Capital Management

McKesson (1833, San Francisco, IPO) – Provides solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services.
Imprivata (2002, Tennesse, IPO) – Provides secure access and collaboration solutions for enterprises. It strengthens user authentication, streamlines application access and simplifies compliance reporting across multiple computing environments.
MedSolutions (2002, Tennesse, IPO) – Provides Intelligent Cost Management, that encompasses utilization management, capturing savings, reducing treatment costs, and supporting diagnostic accuracy.
Health Catalyst (2000, Utah, $237M) – Provides multiple analytical products, services, and applications like population health management, patient injury prevention, operational efficiency, performance monitoring and financial management for healthcare organizations. Backed by Sequoia Capital, Kp Ventures, Epic Venture Capital, Sorenson Capital.

Benefits Administration
Castlighthealth (2008, SF, IPO) – Offers healthcare information on providers and pricing for enterprises. Went public in 2014. Went public in 2015.

Collective Health (2013, San Mateo, $119M) – Self-insurance SaaS platform for employers to sponsor their employees. Backed by Google Ventures, Rock Health, Redpoint Ventures, Maverick Capital, New Enterprise Associates, Founders Fund and RRE Ventures.

Employee Fitness & Wellness
Welltok (2009, Denver, $151M) – Platform which provides personalized incentive based patient engagement services for Population health managers. Backed by Bessemer Venture Partners, Emergence Capital Partners, InterWest Partners, New Enterprise Associates (NEA), Qualcomm Ventures, Miramar Digital Ventures, Okapi Venture Capital, Georgian Partners, EDBI and Flare Capital Partners. 

Virginpulse (2004, Framingham, $92M) – Provides hub of tools that foster employee engagement and wellness.Backed by Insight Venture Partners and Virgin Group.

Healthcare Delivery
Imaginehealth (2006, Midvale, $36M) – Provider of customize fleet of Healthcare providers to employers. Backed by HLM Venture Partners and Trident Capital.

Healthiestyou (2010, Scottsdale, $30M) – Teleconsultation service provider for employees. Backed by Frontier Capital

Connecture (1997, Brookfield, IPO) – Web-based health plan distribution platform for healthcare payers. Went public in 2014.

NexgenRx (2003, Toronto, IPO) – Web-based claims adjudication and benefits administration for processing prescription drugs, and dental office claims. Went public in 2006. 
ikaSystems (1999, Southborough, $152.5M, Acq.) – Software suite for health plans that includes claims submission and authorization, member and provider portals, electronic billing and claims adjudication solutions. Backed by Essex Woodlands Health Ventures. Acquired by Blue Cross Blue Shields in 2015.
HealthEdge (2004, Burlington, $58M) – Suite of software products for the healthcare payer market that includes claims and benefits administration, care management, business intelligence and portal solutions. Backed by Psilos.

Express Scripts (1986,Missouri, IPO) – Offers SaaS platform of pharmacy benefit management solutions for health plans, providers, and patients.

CatamaranRx (1981,Illinois, Acq) – Provides pharmacy benefit management solutions and connect pharmacists, doctors and caregivers with prescription data to improve health outcomes.
Talyst (2012,Washington, $65M) – Pharmacy Management solutions to pharmacies. Backed by OVP Ventures, Align Investments, Ignition Partners.
MedAvail (2012,Ontario, $36M) – Offers a self-service kiosk solution called the MedAvail MedCenter, automating the dispensing of prescription drugs and Over-The-Counter medications. Backed by Walgreens, Redmile Group, Adage Capital.
Millennium Pharmacy Systems (2003, Oakbrook, $62M) – Offers Just-In-Time dispensing with e-prescription, administration, documentation, and reporting. Backed by Essex Woodlands, Boulder Ventures, ATEL Capital Group, CHL Medical Partners, Ascension Ventures, and HealthInvest Equity Partners.

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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