Unlocking Agetech Funding
Before we go into our regularly scheduled programming of Agetech deals (of where there were a ton, especially within staffing) we have an announcement to make...
Agetech News now offers fundraising support services!
2024 was a tough year for startups, with many high-potential agetech companies shutting down or selling for far less than their worth due to funding struggles. After six years of building Agetech News—and gathering a wealth of industry insights, connections, and expertise—we’re putting those resources directly to work for the founders who need them most.
Our new initiative provides hands-on fundraising assistance to help navigate the challenges of securing capital. To complement these services, we’re also launching a directory of top agetech consultants, with plans to expand into resources like investor directories and conference guides in the near future.
We’re inviting all agetech founders to join our Agetech Startup Network. Membership is free and provides access to these resources as well as the ability to sign up for an initial fundraising consultation.
Ready to fundraise? Join now!
November + December Deals
🎉 Cross Country Healthcare was acquired by Aya Healthcare for $615 million to expand its reach in nurse and allied staffing. (Staffing Industry Analysts)
Dexcom invested $75 million in Oura Health to advance wearable tech for diabetes management. (HomeCare Magazine)
SpinSci Technologies raised $53 million to enhance its AI-powered patient engagement solutions. (HIT Consultant)
Diverge Health raised $52 million to expand its tech-enabled in-community care program for Medicaid. (Endpoints News)
Soda Health raised $50 million in Series B financing to help health plans administer their supplemental benefits. (Modern Healthcare)
Cala Health raised $50 million to accelerate the commercialization of its wearable hand tremor therapy device. (Fierce Biotech)
Sage raised $35 million in Series B funding to improve its senior living operating system and expand its footprint. (Fortune)
🎉 Medical Temps Inc. was acquired by Health Advocates Network for an undisclosed amount to expand its healthcare staffing reach. (EIN Presswire)
Stepful raised $31.5 million to address healthcare staffing shortages with AI-powered training. (TechCrunch)
🚧 Oak Street Health competitor CareMax sold its MSO and core centers to Revere Medical through a Chapter 11 restructuring. (Business Wire)
Robotic Research, led by iRobot co-founders, raised $30 million to develop health and wellness-based home robots. (TechCrunch)
Quantune raised $30 million to develop a non-invasive glucose monitoring solution. (TechCrunch)
Seen Health launched with $22 million to build a PACE program offering culturally-focused senior care to Asian and Pacific Islander communities in Los Angeles. (MedCity News)
Synapticure raised $25 million to develop digital therapeutics and diagnostics for neurodegenerative diseases. (Pulse 2.0)
Homethrive raised $20 million to expand its tech-enabled home care services for seniors. (PR Newswire)
Alloy raised $16 million in Series A funding to expand its telemedicine platform that provides access to menopause specialists and treatments. (Yahoo Finance)
Enable Dental quietly raised $14 million for its portable dental practice. (SEC)
ModifyHealth raised $13.5 million in Series C funding to expand its food-as-medicine platform for chronic conditions. (FemTech Insider)
Impilo raised $11.5 million to expand its plug-and-play hospital-at-home enabling platform. (HIT Consultant)
🎉 General Vision Services and Good Measures were both acquired by NationsBenefits to expand its portfolio of Medicare Advantage supplemental benefits into vision and food-as-medicine. (Business Wire, MedCity News)
Brellium quietly raised $11.1 million for its AI-powered clinical compliance platform. (SEC)
🎉 CoachCare raised an additional $11 million and acquired Dedica Health to enhance its virtual weight loss and chronic care management platform with patient engagement tools. (FinSMEs, EIN Presswire)
🎉 Memora Health was acquired by Commure for an undisclosed amount to improve patient communication and care coordination through AI-powered patient navigation. (Fierce Healthcare)
🎉 HealthRev Partners was acquired by Creach Family Holdings to complement its prior investment in Careficient, aiming to offer an integrated suite of solutions for home health and hospice. (EIN News)
Ride Health quietly raised $10.9 million in bridge financing to support its NEMT platform. (SEC)
Wellvana quietly raised $10 million for its care enablement platform, which takes on upfront risks of value-based contracts for physicians. (SEC)
🎉 Viatris was acquired by Safecor Health to strengthen its unit-dose packaging solution and expand its customer base throughout LTC facilities. (PR Newswire)
Culina Health raised $7.9 million to expand its platform providing virtual access to registered dietitians. (TechCrunch)
🎉 Solution Nursing was acquired by Dynamic Infusion Therapy to expand its home infusion services footprint nationwide. (PR Newswire)
🎉 Focused Health was acquired by Bloom to improve its Medicare and ACA customer onboarding, retention, and customer service. (Business Wire)
ThoroughCare raised $5 million to expand its digital care coordination platform for chronic care management. (MobiHealthNews)
Vitalic launched with $4 million in seed funding to provide virtual geriatric psychiatry. (Behavioral Health Business)
Embr Labs quietly raised $3 million for its wearable temperature control device. (SEC)
SchedulePop quietly raised $2.1 million for its AI-powered scheduling software for senior care facilities, country clubs, and restaurants. (SEC)
Prosperity Health raised $1 million to develop its menopause monitoring sweat-sensing technology. (FinSMEs)
Home Care Wizards quietly raised $350,000 for its home care registry software. (SEC)
🎉 Strata Health’s patient transition platform was acquired by VitalHub to expand into electronic referrals. (GlobeNewswire)
🎉 Republic Health Resources’ travel nursing assets were acquired by LiquidAgents Healthcare to expand its healthcare staffing reach. (PR Newswire)
Theoria Management raised an undisclosed amount of capital to accelerate the growth of its telehealth services across its senior living community clients. (Pulse 2.0)
🎉 L2P Enterprise Ltd was acquired by Patchwork Health to strengthen its flexible healthcare staffing platform. (Tech.eu)
P.S. You might be wondering why this newsletter covers both November and December deals. Well, we've had our hands full with an early arrival—Charlie Kane Zamkow! He decided to join the world just in time for Thanksgiving, and we couldn’t be more grateful.
Thanks to our Supporters
