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
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MedAvail 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 […]
READ MOREStartUPDATES: New Developments for Healthcare Startups
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
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