Everside Health, a direct primary care provider, announced it raised $164 million in growth equity funding. The company will use the funding to grow through expansion, build out new functionalities and pursue M&A activity. Everside also said it will expand the services and specialty coverage it currently provides. The company has a presence in 34 states. New Enterprise Associates was joined by nine new investors and all of the company’s previous investors.
Caraway, a virtual care service tailored for college-aged women, raised $10.5M in seed funding, led by 7wireVentures and OMERS Ventures. The service will provide mental, reproductive and physical healthcare services to college-aged women.
BD, a global medtech company, acquired MedKeeper, a provider of cloud-based pharmacy management applications. MedKeeper’s platform will become part of the company’s existing portfolio of connected medication management services. The transaction is expected to be immaterial to BD’s 2022 financial results.
Elation Health, a technology targeting primary care, announced a $50 million Series D funding round. Funding will be used to continue scaling Elation’s market reach and platform features for high-value primary care. Generation Investment Management co-led the round alongside Ascension Ventures.
Health Catalyst, a data and analytics company, announced a multi-year partnership with LifePoint Health, a healthcare delivery network that operates 63 community hospital campuses, more than 30 rehabilitation and behavioral health hospitals, and 170 additional sites of care from coast to coast. LifePoint will use Health Catalyst's analytics capabilities for its quality reporting program.
More deals and funding rounds:
- Mable, a telehealth clinic offering migraine treatment, raised a $3.2 million seed funding round.
- Syapse, a precision medicine company, closed a $35 million growth equity investment round.
- Bento, a digital dental benefits technology platform tailored for dental plans, raised $8.1 million in a Series A funding round.
- RxLive, a personalized telehealth company, pulled in $5 million in a Series A funding round.
- Remble, an on-demand relationship health and wellness platform, raised $1.4 million in pre-seed funding.
- iLoF, a precision medicine platform focused on Alzheimer’s, announced $5 million in a funding round.
- Sage, an operating system for senior living facilities and caregivers, raised a $9 million seed funding round.
- Bryte, a smart app-connected restorative sleep bed maker, raised $20 million in a strategic investment round.
- PayGround, an online medical bill payment platform, secured a $5.5 million funding round.
- Suvera, a virtual care startup focused on hypertension and diabetes, announced it raised $6 million in seed funding round.
- Ilumivu, a predictive and personalized decision support system to pre-diagnose health conditions, announced an undisclosed funding round.
- FemTec Health, a health and beauty sciences company, acquired Nutrimedy, a tele-nutrition and an online wellness platform, and Ava, a digital diagnostics and therapeutics company specializing in women’s reproductive health.
- Technology Partners (dba ImagineSoftware), a provider of medical billing automation software and revenue cycle management applications, acquired Exchange EDI, a patient engagement and workflow automation organization.
- RLDatix, a provider of governance, risk and compliance (GRC) solutions, acquired Galen Healthcare Solutions, a healthcare IT consulting firm.
- Exo, a medical imaging company focused on ultrasound imagining, acquired medical imaging platform, Medo.
- Mymee, a telehealth company tailored for people with autoimmune disease and long COVID, acquired Breakthrough Health, a digital patient support app for autoimmune diseases.
- ClaimLogiq, a claim-analyzing solution for healthcare payers, acquired SyTrue, a healthcare software platform that cleans, extracts, searches, and analysis of large complex datasets of medical research.
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.