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October 28, 2022 09:33 AM

Digital health funding and deals roundup: RapidSOS grabs $75M

Brock E.W. Turner
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    RapidSOS, a platform that connects devices to emergency services, secured a $75 million funding round. According to the company, ride-sharing app Uber along with more than 15,000 first responder agencies use its platform to inform emergency responses. NightDragon led the round, with support from Insight Partners, Honeywell and M12, Microsoft’s venture fund. The company has raised more than $250 million to date.  

    YouTube Health expands validation process for health information 

    Hazel Health, a school-based telehealth provider, announced it has expanded to 14 states. The company also closed a $51.5 million Series C1 funding round. Hazel Health said the funding will support continued expansion efforts and pay for product innovation.  

    Amazon inks pharmacy deal with Blue Cross plan 

    On/Go, and its parent company, Intrivo, is launching a test to treat solution for at-home Paxlovid antiviral access and a virtual long COVID clinic. It allows patients to access the services via the company’s mobile app.  

    Precision medicine company Tempus raises $275 million 

    Electronic Caregiver, a digital health technology and services company, closed a $42.5 million funding round. The company said the funding will help it grow revenue and its customer base ahead of its anticipated initial public offering within the next 2 years. 

    Hospital for Special Surgery, Flare spin off physical therapy startup  

    More deals and funding rounds: 

    HealthJoy, an AI-powered virtual healthcare benefits navigation platform for employers, raised $60 million in a Series D funding round.

    Gabbi, a risk assessment and care navigation company, raised a $4.4 million funding round.  

    Kyros, a digital health marketplace, raised an additional $2.4 million in seed funding.  

    Seqera Labs, a data and workflow software for the life sciences, raised $22 million in a Series A funding round.  

    Shadowbox, a developer of healthcare automation solutions, closed a $6 million Series A round. 

    Daye, a gynecological health startup, launched in the US market. The company also announced it secured $11.5 million in funding.  

    Alto Neuroscience, a precision psychiatry platform, announced a Series B round totaling $35 million. 

    Elion, a healthcare practice management platform, raised $3.3 million in a seed funding round. 

    AI Metrics, a cancer imaging software company, raised $1.26 million in a bridge financing round. 

    Lumata Health, an ophthalmology-focused health tech, closed a $4 million funding round. 

    CCS, a clinical solutions and home-delivered medical supply company, announced a technology partnership with Welldoc and ZeOmega, to expand a chronic conditions solution. The digital tool allows individuals to track device readings, access coaching and capture claims data. 

    Google acquired Sound Life Sciences, a computation health company that recently received clearance for a contactless respiratory monitor. The acquisition was first reported by GeekWire.  

    Color Health, a healthcare delivery platform, acquired Mood Lifters, a group-based mental health company. 

    Midi Health, a virtual care clinic, raised $14 million in a funding round.  

    QHP Capital, an investment firm focused on life sciences and healthcare sectors, acquired AutoCruitment, an AI-powered digital patient recruitment platform for clinical trials.

     

    If there is a digital health funding or M&A deal that we missed from this past week here, please email us.  

    Digital Health Business & Technology’s data team contributed to this roundup. 

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