This Week in Digital Health Fundings
Omada Health , Visby Medical, Kintsugi, Nayya, Qventus, Secureframe, Flume Health
San Francisco-based virtual care provider for chronic conditions, Omada Health Valued at $1 Billion-Plus in Fidelity-Led Round. VC firm aMoon, existing investors also join $192 million round https://www.bloomberg.com/news/articles/2022-02-23/omada-health-valued-at-1-billion-plus-in-fidelity-led-round?sref=gni836kR
Kintsugi banks $20M to scale up voice biomarker-based mental health tech https://www.fiercehealthcare.com/health-tech/kintsugi-banks-20m-scale-voice-biomarker-based-mental-health-tech
San Jose, Ca-based maker of handheld PCR diagnostic tests, Visby Medical has raised more than $100 million in Series E funding. Ping An Voyager Partners led the round, joined by HOOPP and earlier investors John Doerr, Cedars Sinai Medical Center, and Artiman Ventures, among others. https://www.fiercebiotech.com/medtech/palm-sized-pcr-testmaker-visby-ropes-100m-tenfold-manufacturing-increase
Daybreak makes it easier for our kids to get the mental health support they need - San Francisco-based online counseling platform has raised $10 million in Series A funding led by Lightspeed Venture Partners https://medium.com/lightspeed-venture-partners/daybreak-makes-it-easier-for-our-kids-to-get-the-the-mental-health-support-they-need-8ef9547a7565
Durham, N.C.-based medical imaging diagnostics startup, Gradient Health has raised $2.5 million in seed funding led by VentureSouth. https://gradienthealth.io/
Nayya nabs $55M to expand its recommendation and personalization engine for healthcare and other benefits https://techcrunch.com/2022/03/01/nayya-nabs-55m-to-expand-its-recommendation-and-personalization-engine-for-healthcare-and-other-benefits/
Mountain View, Ca.-based maker of hospital management software, Qventus has raised $50 million co-led by Thomas H. Lee Partners and Premier, a healthcare improvement company. Other backers in the round include Thedacare and earlier investors Bessemer Venture Partners, Mayfield Fund, and Norwest Venture Partners. https://www.axios.com/thl-50m-growth-investment-qventus-59733005-1a81-426f-b424-d43d0299fc36.html
Secureframe secures $56M for a platform that automates an enterprise’s compliance with standards like HIPAA and SOC 2 https://techcrunch.com/2022/02/23/secureframe-secures-56m-for-a-platform-that-automates-an-enterprises-compliance-with-standards-like-hipaa-and-soc2/
$30M to become "the OS of every health system" - Flume Health, a New York-based health plan builder for organizations, raised $30 million in Series A funding led by Optum Ventures, bringing its valuation to roughly $100 million. https://www.axios.com/flume-health-venture-round-552f8859-047a-4d39-936b-9cd75f869c20.html
juli, a #digitalhealth platform for managing chronic conditions, closed a $3.8 million seed funding round. Leading the round were Speedinvest, one of Europe’s most active early-stage venture capital firms, and Norrsken VC, a fund investing in startups solving the world’s biggest problems while building massive businesses. https://www.coverager.com/juli-raises-3-8-million/