Octave, an innovator in outcomes-focused behavioral health, announced that it has raised $20 million in Series B funding, bringing its total raised to $34 million. The round was led by Health Velocity Capital and joined by Cigna Ventures, as well as existing investors Greycroft, Obvious Ventures, Company Ventures, and Felicis Ventures. The company plans to […]
READ MOREEvernorth Completes Acquisition of MDLIVE to Expand Access to Virtual Care
Evernorth, the health services portfolio of Cigna Corporation, announced that it has completed its acquisition of MDLIVE, a privately held, leading 24/7 virtual care delivery platform. The transaction, first announced on February 26, expands Evernorth’s capabilities to lower the cost of care – while increasing access to health care providers – through virtual visits that […]
READ MOREGinger Announces $100 Million Series E Financing from Blackstone to Bring Value-Based Mental Healthcare to Millions of Employees and Health Plan Members
Ginger, the on-demand mental health company, announced a $100 million Series E financing round led by funds managed by Blackstone Growth (“Blackstone Growth”). This latest round of investment will bring the company’s total funding to over $220 million, on the heels of approximately 3x revenue growth over the past year. Read the full article
READ MOREMedAvail and MYOS RENS Technology Announce Closing of Business Combination
MedAvail, Inc. (“MedAvail”), a leading technology-enabled pharmacy organization that embeds pharmacy services directly into clinics and other points of care through its proprietary technology, announced the completion of its previously announced business combination with MYOS RENS Technology, Inc. (NASDAQ: MYOS), an advanced nutrition company and the owner of Fortetropin®, a proprietary bioactive composition that helps […]
READ MORECigna Ventures, Humana, and Optum Ventures Among Investor Set Re-Upping in Buoy Health Series C Financing
Buoy Health, the AI-powered healthcare navigation platform, announced the completion of a $37.5 million Series C funding round. Cigna Ventures and Humana led the funding round and were joined by Optum Ventures, WR Hambrecht + Co, and Trustbridge Partners. To date, Buoy has raised $66.5 million. Read the full article
READ MOREDatavant Brings in $40M to Power Health Data Exchange Across Providers, Life Sciences
Datavant, a data sharing technology startup for providers and life science companies, last week closed $40 million in Series B funding. Transformation Capital headlined the raise, which saw contributions from new backers Johnson & Johnson Innovation – JJDC and Cigna Ventures in addition to those of prior investors Roivant Sciences and Flex Capital. Read the […]
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