More Agetech. More Often.
We bet you didn't expect to hear from us again so soon, but as mentioned last month we're accelerating the frequency of this newsletter from a quarterly cadence to monthly in order to keep in step with the acceleration of Agetech startup activity. Make sure to check out some of the spotlight deals from last month including the acquisition of LifeLoop by industry giant iN2L, and IntelyCare hitting unicorn status with a $115M Series C.
As further proof that Agetech is gaining traction, the International Business Times recently profiled the work that Max is doing at Third Act Ventures. Check it out here and share!
Additionally, Max is excited to share that the Third Act Ventures Management Co is taking a big step forward. If you're an accredited investor and would like to learn more, reach out to him at firstname.lastname@example.org.
Senior living engagement technology firm iN2L acquired LifeLoop in a move to unite platforms and offer a more integrated option for providers (Senior Housing News)
IntelyCare, a tech-enabled platform that matches nurses with open assignments in post-acute care settings while managing scheduling and pay rates, hits unicorn status with a $115M Series C (Mobi Health News)
Clipboard Health, an app-based marketplace that matches health workers with open shifts at nearby healthcare facilities, raised $80M over two unannounced rounds (Tech Crunch)
Value-based care startup Vytalize Health, scored $50M in Series B funding to expand the team and grow into new markets (Mobi Health News)
TimeDoc Health, a virtual care management activation company, raised $48.5M in Series B funding to hire additional care coordination staff, sales and marketing personnel, and developers to expand its technology capabilities (FinSMEs)
Podimetrics, a digital health company aimed at stopping diabetes-related amputations, raised $45M in Series C funding which will be used to bulk up its product development and research teams (AXIOS)
Blue Spark Technologies raised $40M in intellectual property debt and intends to use the funds to further the development of artificial intelligence-based wearable remote patient monitoring solutions (HIT Infrastructure)
Food-as-medicine startup Season Health nabbed $34M in Series A funding to scale up (Fierce Healthcare)
Diligent, a nurse-assisting robotics firm, raised $30M to scale the company in order to meet the high demand for its robot, Moxi (Tech Crunch)
FreeWill, which has developed an online suite of tools designed for users to create wills and commit money to charitable organizations, raised a $30M Series B to invest in its product development sector (Startup Savant)
Menopause-focused telehealth startup Evernow scooped up $28.5M in Series A funding, which will be used to hire staff, build a user community and develop new products (Mobi Health News)
Apploi, a one stop shop for healthcare recruitment, hiring, onboarding and credentialing, announced a $25M Series B to develop additional healthcare-specific functionality throughout our whole suite of products (Tech Crunch)
Specialty pharmacy startup House Rx raised $25M in Series A funding to expand its services (AXIOS)
Direct-to-consumer startup 9am.health, a virtual diabetes management clinic, scored $16M in Series A funding (Fierce Healthcare)
Senior care startup DUOS, which helps place expert personal assistants into the homes of older adults, raised $15M in a Series A round to fuel the company’s technology advancements and growth plans (Home Health Care News)
Nudj Health, a tech-enabled health services that delivers telehealth lifestyle interventions to patients using the collaborative care model, raised a $10M Series A (HIT Consultant)
Reema Health, a community-based health technology platform, raised $8M in Seed funding (HIT Consultant)
Micruity, which is building the financial infrastructure for a more secure retirement, raised $5.1M in Seed funding (Business Wire)
Med-tech startup Prevounce Health, a comprehensive clinical platform to empower preventive services, chronic care management and remote patient monitoring, raised $4.5M in Series A funding to expand its team (Indianapolis Business Journal)
Intus Care, a healthcare analytics platform, raised $3.1M to scale patient well-being (Forbes)
Source Health, which provides the tech foundations to support virtual care delivery for healthcare organizations, launches with $3M in Seed funding (Fierce Healthcare)
Around the World
German healthtech startup Avi Medical, which provides a patient-facing app that allows people to monitor their health using individual recommendations, raised a €50M Series B to build new care paths and integrate digital assistants to improve patient care (Mobi Health News)
Care Hires, a software solution that allows care providers to hire on-demand healthcare staff more efficiently, secured a £2m investment to supercharge its efforts (Yahoo Finance)
The Joy Club, a UK community-based platform helping retirees live joyfully, launched with £1.1M in funding to build out its features and and scale the company (Tech.eu)