4.18.22
2 min. Read

8 secret health tech investments

Issue 052

Welcome back to E&O Mondays, the free newsletter from Exits & Outcomes that features health tech puzzles, M&A flashbacks, new and under-the-radar funding news, paid content teasers, and other digital health odds and ends.

 E&O Mondays.

In this issue:

  • Read on for 8 stealthy or under-reported digital health funding deals…
  • But first: If a friend recently told you to subscribe to E&O, they probably meant the paid version. The E&O Mondays newsletter is great and all but you’re missing the real deal: Sign up as a paying subscriber to E&O by clicking right here…

 

8 secret (or under-reported) health tech funding deals from recent weeks

Instead of rehashing the dozens of funding deals you’ve already read elsewhere, I focused this week on a few deals that you likely have not yet read about. (Unless noted otherwise in the write-ups below, these are all first in E&O — as far as I can Google.)

Keep in mind: Most of the amounts listed below are currently unannounced equity deals, so the full amount the company raises and eventually announces may be higher than the numbers you read here…

$14.6 million – ACTIV Surgical – “Activ Surgical is building hardware-agnostic surgical software that allows minimally invasive surgical systems (laparoscopes, arthroscopes and robots) to autonomously collaborate with surgeons.” Site

$11.1 million in equity and other securities – Cayaba Care – Is currently local to Philadelphia but the funding implies expansion aspirations. Services are a mix of in-person and virtual via text or email. “Home-based pregnancy care. Personal, friendly help between OBGYN visits from your own team of experts.” Site

$10 million – Heard Mental Health – Here’s a health tech stack company that was new to me: “Heard combines smart software with real humans to handle accounting, payroll and taxes for therapists.” Site

$5.7 million – Enara Health – Enara is in the increasingly competitive virtual weight loss market. “A holistic program developed and personalized just for you, the way you eat, your physical activity, and your genes.” Site

$5.4 million securities and SAFEs – RxLightning – “RxLightning digitizes, automates and streamlines the historically complicated manual enrollment process of starting a patient on specialty medications.” Site

$4.5 million – Prevounce Health – “Prevounce creates wellness that works for everyone, with practice-specific, software-based programs that make preventive care, chronic care management, and remote patient monitoring easier to prep for, perform, document, and bill.” Site

$2.3 million in debt and other securities – Marani Health – “Marani Health [is] an AI-powered platform for remote pregnancy care co-founded by the Mayo Clinic.” Site

$400,000 in a SAFE – Apaly Health – Blockchain health startup focused on “digital direct healthcare”. “Software to support direct contracting and transacting in healthcare.” Site

Let’s call that E&O Mondays Issue 052. Help me E&O subscribers, you’re my only hope: If you learned something from today’s issue, would you forward this newsletter to someone you think might be interested?
article end logo
×
UnitedHealth’s employee benefits. Omada signals IPO. Detailed Spring Health pricing.
11.21.23
9 min. Read
CMS weighs HCPCS for Natural Cycles, Leva, and Tyto. Plus: Akili Q3 results.
11.16.23
8 min. Read
Lyra Health pricing. Spring Health signals IPO.
11.09.23
6 min. Read
metaMe Health seeks buyer by year-end. CMS offers up digital therapeutics nothingburger
11.06.23
6 min. Read
PDT Pipeline changes. Kinsa shuts down. Trials
10.27.23
5 min. Read
CPT decisions. Trials: Big Health, Mahana and more
10.20.23
6 min. Read
Teladoc quietly bought MSK startup. Omada hits 1M milestone.
10.13.23
5 min. Read
Akili CEO steps down. Aetna rolls back some virtual care coverage
10.06.23
5 min. Read
Biogen cuts digital, MedRhythms, Apple. Pfizer on PDTs.
9.29.23
6 min. Read
CMS: PDTs have potential. Trials: Big, Koko, GAIA
9.22.23
6 min. Read
  • First
  • Previous
  • 1 of 35
  • Next
  • Last