scores

GE HealthCare scores 510(k) clearance for maternal and fetal monitoring platform

GE HealthCare received FDA 510(k) clearance for its Novii+ maternal and fetal monitoring solution, which will become available to U.S. customers later in the year. The device, consisting of a wearable and wireless sensor, enables noninvasive measurement and display of fetal heart rate, maternal heart rate and uterine activity for pregnant patients at or beyond …

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Forta scores $55M to scale parent-led autism therapy platform

AI-enabled, family-powered autism therapy company Forta announced it closed a $55 million Series A funding round led by Insight Partners.  Alumni Ventures and Exor Ventures also participated in the round, as well as the founders of Forward, Flexport, Curative, 23&Me, Prelude Fertility, Warby Parker, Harry’s and Allbirds.  WHAT IT DOES Forta combines AI and LLMs …

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TytoCare scores exclusive partnership with Idaho healthcare system

Virtual primary care company TytoCare announced an exclusive partnership with Idaho-based St. Luke’s Health System to provide virtual care services to the care provider’s members and employees beginning in 2024.  The Israeli health tech company provides virtual care via its AI-enabled TytoCare Home Smart Clinic, which allows clinicians to conduct exams remotely.  Providers obtain real-time …

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Machine learning medical diagnostics company Cytovale scores $84M

Cytovale, a medical diagnostics company focused on developing technology that helps diagnose diseases, announced that it has scored $84 million in Series C funding, led by Norwest Venture Partners, with participation from other investors.  WHAT IT DOES Cytovale offers its diagnostic test, IntelliSep, which received FDA 510(k) clearance last year. The test aims to assist …

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Hybrid behavioral healthcare company Octave scores $52M

Hybrid value-based behavioral healthcare provider, Octave, announced it had scored $52 million in Series C funding, bringing its total raise to $86 million.  Cigna Ventures, Novo Holdings and Avidity Partners led the round, with participation from existing investors Greycroft Partners, Health Velocity Capital, Obvious Ventures, Company Ventures and Felicis Ventures.  WHAT IT DOES Octave offers …

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Reproductive health app Clue scores €7 million

Femtech company Clue, which offers an app focused on menstrual cycle tracking and reproductive health, raised €7 million ($7.6 million) in funding led by existing investors Union Square Ventures and Balderton Capital.  The company also announced it would allow users to become investors in the company via British investment crowdfunding platform Crowdcube. Users who invest …

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Employer health benefits company Gravie scores $179M and more digital health fundings

Employer health benefits company Gravie has garnered a whopping $179 million equity investment from General Atlantic with participation from existing investors AXA Venture Partners and FirstMark Capital.  The Minneapolis-based company offers small and medium-sized businesses a health plan called Comfort, which it calls a comprehensive plan with zero copays on most common healthcare services such …

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Autism care platform SpectrumAi scores $20M

SpectrumAi, a startup focused on autism care, announced it raised up to $20 million in a Series A funding round led by CVS Health Ventures with participation from Cobalt Ventures. Previous investors Frist Cressey, F-Prime and Autism Impact Fund also participated in the raise. WHAT THEY DO The Los Angeles-based company offers tools to help …

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Women’s health platform Maven Clinic scores $90M in funding

Virtual women and family health provider Maven Clinic announced it raised $90 million in a Series E funding round, bringing the virtual clinic’s funding total to $300 million.  General Catalyst led the round with participation from La Famiglia, CVS Health Ventures, and Intermountain Ventures. Existing investors also participated, including Oak HC/FT, Dragoneer Investment Group, Sequoia, Lux …

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