SPAC Deals in Digital Health Soared in 2020

SPAC Deals in Digital Health Soared in 2020

/ Digital Health News
The year 2020 is on course to become the year of the special purpose acquisition companies (SPACs) also known as blank check companies, in the digital health sector. As COVID-19 created uncertainty in public markets, 2020 saw a ...

Digital Health Q4 and Annual 2020

Canvas Medical Raises $17 Million for Care Management Platform

Canvas Medical Raises $17 Million for Care Management Platform

Canvas Medical, a practice management software system for value-based care, announced a $17 million funding round. The financing was co-led by Inspired Capital and IA Ventures, with participation from IRONGREY ...
/ Digital Health News
Better Therapeutics Plans to Go Public in a SPAC Deal

Better Therapeutics Plans to Go Public in a SPAC Deal

Better Therapeutics, a prescription digital therapeutics (PDT) company, announced plans to go public by merging with special purpose acquisition company Mountain Crest Acquisition Corp II. The merger is expected to ...
/ Digital Health News
KKR to Acquire Therapy Brands for Undisclosed Amount

KKR to Acquire Therapy Brands for Undisclosed Amount

KKR, an investment firm, announced that it has agreed to acquire a majority interest in Therapy Brands from its existing shareholders – investment funds affiliated with Lightyear Capital, Oak HC/FT, ...
/ Digital Health News
Vesta Healthcare Raises $65 Million in Growth Capital

Vesta Healthcare Raises $65 Million in Growth Capital

Vesta Healthcare, a telehealth support provider for caregivers and care recipients, announced a $65 million growth capital round with a focus on senior populations. Deerfield Management Company led the financing ...
/ Digital Health News
Firefly Health Secures $40 Million to Expand Virtual Care Services

Firefly Health Secures $40 Million to Expand Virtual Care Services

Firefly Health, a virtual primary care provider, closed a $40 million Series B financing round led by Andreessen Horowitz (a16z). Existing investors F-Prime Capital and Oak HC/FT also participated in ...
/ Digital Health News