February Highlights
SelectQuote, a Medicare plan comparison tool and distributer distributor, raised $350 million to reduce debt, grow its integrated health platform, and expand into healthcare services for seniors. (Fintech Global)
VitalConnect, a provider of medical-grade wearable biosensor systems, raised $100 million to expand its remote patient monitoring and cardiac monitoring services. (MassDevice)
Candid Health, a medical billing automation platform for healthcare providers, raised $52.5 million to expand its engineering and go-to-market teams and scale its operations. (TechCrunch)
Berry Street and Fay, both virtual dietitian platforms covered by insurers, raised $50 million each to capitalize on the growing popularity of GLP-1s and expand their respective services. (TechCrunch)
The Helper Bees, an aging-in-place services platform for Medicare Advantage and Medicaid members, raised $35 million to expand care coordination, housing support, and transportation offerings. (Business Wire)
🎉 Soleo Health, a specialty pharmacy and infusion therapy platform for complex conditions, was acquired by Court Square Capital Partners and WindRose Health Investors, private equity firms focused on healthcare services, for an undisclosed amount. Terms of the deal were not disclosed. (H.I.G. Capital)
Lumata Health, which improves outcomes by preventing missed follow-up appointments and ensuring adherence to care plans, quietly raised $23 million (SEC)
Zest Health, a healthcare technology company focused on reducing unnecessary pharmaceutical spending through personalized care, raised $13 million to enhance its technology platform and expand its high-touch care model. (GlobeNewswire)
🎉 Hone Health, a men's telemedicine provider specializing in hormone optimization, was acquired by Dadi, a male fertility company offering at-home sperm testing and storage, for an undisclosed amount. The acquisition aims to expand Dadi's offerings to provide a more comprehensive approach to men's health. (Yahoo Finance)
COVU, an AI-powered operating platform for insurance brokers and agencies, raised $10 million to expand its advisory marketplace and automation capabilities. (FinSMES)
Keragon, a no-code HIPAA-compliant healthcare automation platform for providers and payers, raised $7.5 million to expand integrations and scale its AI-powered workflow tools. (HIT Consultant)
Waterlily, an AI platform that predicts long-term care needs for aging populations, raised $7 million to enhance its predictive analytics platform to support care planning and coordination. (Fierce Healthcare)
Keebler Health, an AI-native risk adjustment platform for value-based care providers, raised $6 million to enhance its product and scale adoption. (HIT Consultant)
Vitalchat, an AI-powered virtual care and inpatient tele-nursing platform for health systems, raised $6 million to scale its remote care infrastructure. (HIT Consultant)
Coral, a virtual menopause care and community engagement platform for women, raised $4.1 million to expand its care offerings and improve support for symptom relief. (Femtech Insider)
Kode Health, a health tech startup offering on-demand medical coding services, raised $4 million to expand its team and enhance its proprietary technology. (Axios)
Cerula, a collaborative behavioral healthcare platform for oncology patients, raised $3.7 million to improve care delivery across cancer support teams and improve the mental health outcomes of cancer patients. (PR Newswire)
Lizzy Care, a care coordination platform for dementia patients and caregivers, raised $2.6 million to improve provider access and match-making. (Pulse 2.0)
Systole, a virtual group care platform focused on women’s heart health, raised $2 million to pilot programs and expand clinical development. (Fierce Healthcare)
Prickly Pear Health, a brain health support app for women experiencing menopause, raised $250,000 to develop its platform and launch provider partnerships. (Femtech Insider)
🎉 Healthcare Staffing Professionals Inc., a wide range staffing platform for healthcare organizations, was acquired by TrueBlue, a workforce solutions provider, for an undisclosed amount. This move supports TrueBlue’s diversification into the healthcare industry. (Business Wire)
CareCar, a non-emergency medical transportation coordination platform for Medicare and Medicaid plans, received a strategic investment from NationsBenefits, a supplemental benefits manager, to enhance access to healthcare services for millions of health plan members across the country. (Business Wire)
🎉 Edifecs, a cloud-based healthcare data interoperability and payment integrity platform for payers, was acquired by Cotiviti, a healthcare analytics company, for an undisclosed amount. The acquisition aims to enhanc Cotiviti’s payment accuracy and care optimization tools. (Business Wire)
🎉 PTI Health, a mobile lab and phlebotomy services provider, was acquired by DocGo, a last-mile mobile health services and integrated medical mobility provider, for an undisclosed amount. The acquisition further's DocGo's mission to revolutionize healthcare by providing patients with high-quality care in the comfort of their own homes. (Business Wire)
🎉 RealizedCare, an immersive digital therapeutics platform for neuro-rehabilitation, was acquired by XRHealth, a therapeutic extended reality provider, for an undisclosed amount. The acquisition creates the world’s largest AI-driven XR therapeutic platform. (Business Wire)
🎉 Louvir, a pharmacy analytics platform for FQHCs and grantees, was acquired by Nuvem Health, a pharmacy management platform, for an undisclosed amount. The acquisition aims to accelerate the development of advanced analytics best serve C-level executives and pharmacy leaders operating within the everchanging 340B landscape. (EIN Presswire)
🎉 Catapult Health, a virtual preventive care provider for employers, was acquired by Teladoc Health, a global virtual care platform, to bolster its early detection of health conditions and expand into at-home diagnostic testing. Terms of the deal were not disclosed. (GlobeNewswire)
🎉 Carium, a digital engagement platform for chronic care management, was acquired by Healthmap Solutions, a kidney population health management solution, for an undisclosed amount. Healthmap aims to leverage Carium’s end-to-end technology solutions to enhance its solution with additional patient and provider engagement capabilities. (GlobeNewswire)
🎉 BetterHealthcare, a patient access and engagement software provider, was acquired by HealthBus, a healthcare operations platform, for an undisclosed amount. (PRWeb)
🎉 i2i Population Health, a safety-net population health management platform, was merged with Azara Healthcare, creating a combined analytics powerhouse for community-based organizations. (PR Newswire)
🎉 1Director, a SaaS platform for optimizing funeral home operations, closed an undisclosed amount of pre-seed funding to accelerate product development, expand the team, and build partnerships with funeral homes across the country. (PRLog)
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