Datavant, a health IT company, received $40 million in Series B funding. Transformation Capital led the round with participation by new investors Johnson & Johnson Innovation – JJDC, Inc. and Cigna Ventures. Existing shareholders also took part, including Roivant Sciences and Flex Capital. Datavant’s technology enables a match between a consenting patient’s study data and […]
READ MOREMental Health Startup Ginger Lands $50M Backed by Cigna, Kaiser Permanente
“At Cigna Ventures, we are committed to investing in bold, new ways to make high-quality healthcare simpler and more affordable,” Sahil Choudhry, managing director at Cigna Ventures, said in a statement. Read the full article
READ MOREOn-Demand Mental Health Service Provider Ginger Raises $50 Million
The company’s $50 million Series D round was co-led by Advance Venture Partners and Bessemer Venture Partners, with additional participation from Cigna Ventures and existing investors such as Jeff Weiner, executive chairman of LinkedIn, and Kaiser Permanente Ventures. To date, Ginger has raised roughly $120 million. Read the full article
READ MOREAristaMD Raises $18M for eConsult Platform
AristaMD, a San Diego-based startup facilitating eConsults, raised $18 million in a series B round led by Cigna Ventures and MemorialCare Innovation Fund. The company plans to use the additional funds to expand its footprint across the U.S. Read the full article
READ MOREExecutive Spotlight—What Cigna’s Tom Richards Looks for in Investment Opportunities
Tom Richards, Cigna’s senior vice president and global lead of strategy and business development, speaks with FierceHealthcare about what Cigna Ventures looks for in investments. He told FierceHealthcare that investment decisions aim to find potential partners that can make the customer experience easier. Read the full article
READ MORECigna Ventures Leads $29.5M Investment in AI Analytics Firm
Healthcare analytics company Arcadia raised $29.5 million in new funding. The growth capital round was led by Cigna Ventures, with participation from past investors. Burlington, Massachusetts-based Arcadia integrates with more than 40 different electronic health record companies. It aggregates and analyzes records data to help hospitals and accountable care organizations meet metrics for value-based care. […]
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