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Month: September 2020

The company is profitable since 2016, reported net income of $55 million in the first half of 2020
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Digital Pharmacy GoodRx Raises $1.1 Billion in IPO

Digital Pharmacy GoodRx Raises $1.1 Billion in IPO

  • September 24
  • Staff
  • Digital Health News

GoodRx, an online pharmacy platform that helps consumers compare medication prices and discounts, raised $1.1 billion in its initial public offering. The company sold 34.6

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Willow Raises $55 Million for Smart Wearable Breast Pump

Willow Raises $55 Million for Smart Wearable Breast Pump

  • September 24
  • Staff
  • Digital Health News

Willow, the developer of an app-connected smart wearable breast pump, raised an additional $55 million in Series C funding, bringing the total raised to date

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Palta Raises $100 Million for Health and Wellness App

Digital Fitness App Freeletics Raises $25 Million

  • September 24
  • Staff
  • Digital Health News

Freeletics, an AI-powered fitness coaching app, announced the closing of its $25 million Series B funding round, bringing its total funding raised to date to

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Vitals Monitoring Device Dozee Raises $1.7 Million

Vitals Monitoring Device Dozee Raises $1.7 Million

  • September 23
  • Staff
  • Digital Health News

Dozee, a developer of contactless vitals monitoring device for chronic disorder management, parent care, and critical patient monitoring, raised $1.7 million in a funding round

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Wearable Health Monitoring Sensor Startup BioIntelliSense Raises $12 Million

Wearable Health Monitoring Sensor Startup BioIntelliSense Raises $12 Million

  • September 22
  • Staff
  • Digital Health News

BioIntelliSense, a medical-grade on-body sensor for scalable remote care, raised $12 million, according to its filings. Early this year, the company received FDA clearance for

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Under Armour Sells MyFitnessPal to Francisco Partners for $345 Million

Connected Home Fitness System Tonal Raises $110 Million

  • September 22
  • Staff
  • Digital Health News

Tonal, a connected home fitness system, announced $110 million in new capital. According to the company, the connected home fitness system utilizes AI, expert coaching,

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Funding and M&A Roundup: Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

Funding and M&A Roundup: Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

  • September 21
  • Ranjitha S
  • Solar, Storage

Trina Solar, a solar and smart energy total solution provider, announced its acquisition of the remaining 49% equity in Nclave Renewable to make Nclave a wholly-owned subsidiary

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Project Finance Brief: Nexamp to Acquire 50 MW of Community Solar Projects

  • September 21
  • Staff
  • Solar, Storage

Sun Investment Group (SIG) and Ignitis Renewables have signed a contract under which Ignitis Renewables will acquire a 170 MW turnkey portfolio developed in Poland by SIG. The

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Telehealth Provider Amwell Raises $742 Million in Upsized IPO

Telehealth Provider Amwell Raises $742 Million in Upsized IPO

  • September 18
  • Staff
  • Digital Health News

Amwell, a telehealth provider, announced the pricing of its upsized initial public offering of 41.2 million shares of its Class A common stock at an

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Olive Raises $106M For Hospital Workflow Automation Platform

Olive Raises $106M For Hospital Workflow Automation Platform

  • September 18
  • Staff
  • Digital Health News

Olive, an AI-enabled workflow automation software for hospitals, secured $106 million in funding. The round was led by General Catalyst and Drive Capital, along with

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