Category: digital health

25 active early-stage digital health investors

Despite slowing down a bit in 2022, the digital health funding market remains plenty active, as venture capitalists continue to bet on trends like telehealth and virtual care.

Gender-affirming virtual care startup Plume raises $24M

Plume, a telehealth startup that focuses on the transgender community, landed $24 million in a series B funding round to expand nationwide and grow into virtual primary care.

Google to label which healthcare facilities provide abortions

Google is updating its search and maps features to show which healthcare facilities provide abortions in the wake of the Supreme Court overturning Roe v. Wade and several states outlawing the procedure, TechCrunch reported Aug. 25.

Mental health platform Psych Hub gets $16M

Psych Hub, a platform that aims to help clinicians and patients navigate a complicated mental healthcare system, has raised $16 million in a funding round co-led by HC9 and First Cressey Ventures.

Virtual care company Babylon ditches UK for the US

Babylon, which offers an artificial intelligence-powered virtual care app, has largely left the U.K., where it is headquartered, in favor of the U.S. market, Wired reported Aug. 23.

Northwell Health’s VC arm joins $4.1M funding round for cultural competency platform

Northwell Holdings, the venture arm of New Hyde Park, N.Y.-based Northwell Health, participated in a $4.1 million seed funding round for Violet, a platform that provides cultural competency training for clinicians. 

Fresenius completes $2.4B merger with digital health startup

Fresenius Healthcare, InterWell Health and Cricket Health have completed a three-way merger to create an independent $2.4 billion company. 

AI-powered intake platform Ubie raises $26.2M

Ubie, a tech startup that offers a medical intake platform powered by artificial intelligence, has raised $26.2 million in series C funding.

Digital health company Thirty Madison lays off 10% of staff

Thirty Madison, a company that treats patients for a variety of chronic conditions through telehealth and its proprietary medications, has reduced its workforce by 10 percent, a spokesperson confirmed to Becker’s.

Home health startup AlayaCare cuts workforce by 14%

AlayaCare, a tech startup that focuses on home healthcare, has let go of 60 employees, or 14% of its workforce, BetaKit reported Aug. 16.