23andMe to Go Public Via $3.5 Billion SPAC Deal
DNA testing and analytics technology company 23andMe and VG Acquisition Corp. (VGAC), a special purpose acquisition company (SPAC) sponsored by Richard Branson’s Virgin Group, announced
Flywheel Secures $15 Million for Healthcare Data Analytics Platform
Flywheel, a healthcare data analytics platform, secured $15 million in Series B funding. The funding round was co-led by Beringea and 8VC, with participation from
Casana Raises $14 Million for Heart Health Monitoring Device
Casana (formerly Heart Health Intelligence), a maker of an in-home cardiac health-monitoring smart toilet seat, secured $14 million in a Series A funding round. The
Valera Health Raises $3.8 Million for Digital Mental Health Platform
Valera Health, a digital mental health services provider, announced the closing of a $3.8 million round. The round was led by AXA Venture Partners (AVP)
Berkshire Biomedical Raises $3 Million for Prescription Drug Management System
Berkshire Biomedical, which develops a cellular-connected device for dispensing medicine, raised $3 million in a funding round from accredited investors. The company’s flagship product under
Syapse Raises $68 Million for Precision Medicine Platform
Syapse, a precision medicine company, announced the closing of a $68 million growth equity investment round. The round was led by Ally Bridge Group (ABG),
Folx Health Raises $25 Million for LGBTQIA Focused Telehealth Platform
Folx Health, a telehealth service provider for the LGBTQIA+ community, raised $25 million in a new financing round led by Bessemer Venture Partners. Existing investors
Cutback Coach Raises $3.1 Million for Alcohol Tracking App
Cutback Coach, a digital health app designed to treat alcohol use disorder, raised $3.1 million in a seed funding round. Stephanie Palmeri of Uncork Capital
Alma Raises $28 Million for Digital Mental Health Platform
Alma, a membership-based telehealth platform for mental health care providers, raised $28 million in Series B funding. Insight Partners led the round with participation from
General Catalyst, Optum Ventures, and Oak HC/FT Led Digital Health VC Funding in 2020
A total of 1,649 investors invested $14.8 billion in 637 digital health companies in 2020, according to the latest Mercom’s Q4 & 2020 Digital Health