Artera, Employer health, Vital
Employer health benefits company Gravie scores $179M and more digital health fundings
Employer health benefits company Gravie has garnered a whopping $179 million equity investment from General Atlantic with participation from existing investors AXA Venture Partners and FirstMark Capital.
The Minneapolis-based company offers small and medium-sized businesses a health plan called Comfort, which it calls a comprehensive plan with zero copays on most common healthcare services such as labs and imaging, prescriptions, office visits and mental health services.
The company will use the funds to continue its growth through investments within the company, including expanding its Comfort platform.
In 2022, the company scored $90 million in Series E funding, with $75 million received in March and an additional $15 million in July.
Employer health benefits company Gravie scores $179M and more digital health fundings | MobiHealthNews
Blood-collection device-maker Vitestro, tech-enabled baby bottle designer Emulait, digital health support platform Reveal HealthTech and AI-based testing platform PocDoc also received funding.
Artera launches with $90M to personalize prostate cancer therapy
California-based Artera, which offers an AI-enabled test aimed at personalizing therapy for prostate cancer patients, announces its launch alongside a $90 million investment.
Johnson & Johnson, TIME Ventures, Koch Disruptive Technologies, Coatue, Walden Catalyst Ventures, The Factory and Breyer Capital participated in the round alongside angel investors Amarjit Gill, Clarence So, Marc Benioff, Lip-Bu Tan, Dennis Wong, Andy Jacques, Jim Breyer, Jeff Dean, Chris Re, Steve Blank and Michael Driscoll.
Artera's multimodal AI-powered test for prostate cancer patients, dubbed ArteraAI Prostate Test, helps predict the potential benefits of therapy and a patient's prognosis by analyzing the patient's clinical data and biopsy images.
The company will use the funds to distribute its prostate cancer test and develop tests to assist in personalizing therapy options for other types of cancers.
Artera launches with $90M to personalize prostate cancer therapy | MobiHealthNews
The company will use the funds to circulate its ArteraAI Prostate Test and to develop tests to support individualized therapy options for other cancers.
Apprentice.io pulls in $65M for its life-sciences focused logistics and manufacturing solutions
Pediatric Behavioral Health Provider Bend Health Moves Out of Stealth Mode with $32M in Funding
Bend Health, a youth- and family-focused telebehavioral health company, has secured $32 million in funding.
The Madison, Wisconsin-based startup has emerged from a quiet start in its early development with money to fine tune national processes and hire more clinicians. Already, it has clinicians available in all 50 states and Washington D.C. with active caseloads in most of them, Dr. Monika Roots told Behavioral Health Business.
Monika Roots co-founded the company with her husband, Kurt Roots. Monika is the president and chief medical officer, and Kurt is the CEO. The company was founded and launched in 2021.
The company provides telemental health services to children and young people up to age 17 and may start seeing patients as old as 26 later in the year. In addition to a direct-to-consumer option, Bend Health seeks to partner with health systems to implement a child- and family-focused version of the collaborative care model. It also works with other enterprise customers to allow access to Bend Health’s care as a covered benefit.
https://bhbusiness.com/2023/03/23/pediatric-behavioral-health-provider-bend-health-moves-out-of-stealth-mode-with-32m-in-funding/?mc_cid=988b133450&mc_eid=df5e82ed1dVital Raises $24.7 Million for AI-Powered Healthcare Solutions
Vital has raised $24.7 million in Series B funding for its artificial intelligence (AI)-powered healthcare solutions.
The company helps hospitals better communicate with patients by providing solutions that are accessible via the patient’s mobile phone and enable them to see their progress toward discharge, request service, share their health status with family members and perform other tasks.
PYMNTS research has found that the accelerated digitization of healthcare services promises to provide patients with new ways to access, experience and pay for healthcare.
For example, patient portals are now table stakes, as 61% of patients who said they are interested in using portals also said they would switch to a healthcare provider that has one, according to “Accessing Healthcare: Easing Digital Friction in the Patient Journey,” a PYMNTS and Experian Healthcollaboration.
Vital will use the new funding to expand its team and add new features to its software. It expects to support 100,000 clinical tasks for emergency department (ED) and inpatient visits this year, according to the press release.
https://www.pymnts.com/news/investment-tracker/2023/vital-raises-24-7-million-for-ai-powered-healthcare-solutions/?mc_cid=988b133450&mc_eid=df5e82ed1d