Experts estimate that by 2040, one in five Americans will be 65 or older, up from one in eight in 2000.
Despite the country’s rapidly aging population, digital health solutions that cater to older aduls…
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A notable marriage is occurring in the world of digital health: Transcarent has claimed Accolade for $621 million. But by no means is this a marriage of equals given how the latter is being…
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Today PayZen, a technology company tackling healthcare affordability with AI-powered solutions, announced an oversubscribed Series B, led by NEA, with full participation from existing investors including 7wireVentures, SignalFire, Viola Ventures, and others. The round…
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Truvian Health, maker of a benchtop blood testing system, announced it secured $74 million in capital and is partnering with Canada’s largest pharmacy, Shoppers Drug Mart. Great Point Ventures and Wittington Ventures co-led the round,…
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This roundup is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive.
Several major fundraising announcements in the payer/employer space were announced in May….
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What You Should Know:
– Transcarent, a platform simplifying health and care for employers and individuals, secures $126 million in a Series D funding round led by General Catalyst and 7wireVentures.
– The latest funding brings…
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Transcarent, a digital platform focused on the self-insured employer market, announced it secured a $126 million Series D investment. The funds bring the unicorn company’s total raise to $450 million and valuation to $2.2…
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Pediatric telehealth startup Summer Health announced the close of a $11.65 million Series A raise led by 7wireVentures and Lux Capital.Pivotal Ventures, a Melinda French Gates fund, participated in the raise alongside existing investors Sequoia…
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Top News
Transcarent CEO Glen Tullman launches 62 Ventures, a $100 million venture fund that will focus on healthcare startups in the US and India. Its portfolio already includes BridgeHealthAI (health and social care), Khyaal…
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Investment trends panel discussion, INVEST 2022. From L-R: Christina Jenkins, venture partner, Phoenix Venture Partners; Michael Yang, managing partner, Omers Ventures; Alyssa Jaffee, partner, 7wireVentures; Daniel Lubienietzky, manager of life sciences, TMX Group.
The MedCity…
