This abstract might be revealed month-to-month. It’s supposed to focus on a number of the most notable funding rounds of the month and isn’t supposed to be exhaustive.
A number of main fundraising bulletins have been introduced this month within the payer/employer area. Here’s a listing of a number of the largest funding rounds:
- HelloLabs elevates $39 million in Collection B financing
HiLabs, based mostly in Bethesda, Maryland, is an organization that primarily serves well being insurers and makes use of synthetic intelligence to handle soiled information. The corporate provides merchandise for supplier information accuracy, medical outcomes, cost accuracy and value-based care.
Is The Collection B funding spherical was led by Denali Progress Companions and Eight Roads Ventures and included participation from F-Prime Capital. In complete, HiLabs has raised round $41 million. The corporate plans to make use of the funds to increase its supplier resolution to extra well being insurers and develop its medical resolution, Amit Garg, CEO and co-founder of HiLabs, beforehand instructed MedCity Information.
- At sea assures $58 million in Collection C financing
Pelago, based mostly in New York Metropolis, is a digital substance use administration clinic. Serves employers and well being plans and helps members combating tobacco, alcohol and opioids. Gives behavioral remedy and medication-assisted remedy packages.
Pelago's Collection C financing spherical was led by Atomico and included participation from Kinnevik AB, Octopus Ventures, Y Combinator, Eight Roads and GreyMatter Capital. The corporate has raised $151 million in complete. Pelago will use these funds to “speed up its product roadmap, increase its continuum of care, and advance medical analysis efforts,” in keeping with a press launch.
- Well being on the brilliant facet catch $33 million in Collection C financing
Brightside Well being, based mostly in San Francisco, is a telemental well being firm that provides remedy and psychiatry to individuals with despair, nervousness, and different gentle to extreme temper problems. It additionally provides a program known as Disaster Care that treats those that are actively contemplating suicide, have had a latest suicide try, or require follow-up care. Their providers can be found in all 50 states and might be paid for with insurance coverage.
The corporate's Collection C financing was led by S32 and included participation from Kennedy Lewis, Time BioVentures, Redwood Pacific's Anne Wojcicki, ACME, Mousse Companions and Triventures. Brightside Well being plans to make use of the funds to increase into new markets and create new choices. The corporate has raised greater than $100 million in complete.
- Wholesome elevates $32 million in Collection A financing
Healthee, based mostly in New York Metropolis, is an AI-powered worker advantages app. Gives open enrollment steerage, billing and claims help, appointment reserving, and entry to a 24/7 help workforce.
The Collection A financing spherical was Co-led by Fin Capital, Glilot Capital Companions and Group11, and included participation from TriNet. The financing “will facilitate the strategic enlargement of operations, speed up product improvement and help enlargement initiatives,” in keeping with the press launch.
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