SPAC Deals in Digital Health Soared in 2020
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
