Knowledge analytics firm Arcadia secures $125 million from strategic investor and financing accomplice Vista Credit score Companions, Vista Fairness Companions‘ credit-lending arm.
The funds shall be used to hurry up the corporate’s platform improvement and speed up its go-to-market technique.
„Vista Credit score Companions is the popular accomplice to assist us obtain our objectives, offering new financing and entry to the broader Vista ecosystem, which holds deep experience and sources for scaling well being tech and enterprise software program companies. We sit up for additional investing in our platform, our service supply and buyer relations to solidify our place because the main information platform for healthcare organizations,“ Michael Meucci, CEO of Arcadia, stated in an announcement.
Spring Well being, which presents digital psychological healthcare and navigation companies, introduced it had raised $71 million, boosting its valuation to $2.5 billion.
In a weblog publish, the startup stated the newest increase would give it flexibility to put money into companies „alongside our path to profitability.“
Spring final raised $190 million in Collection C funding in 2021. Final 12 months, it acquired Weldon, which supplied psychological wellness steerage to folks by chats with therapists, social staff and parenting coaches in addition to group help and academic content material.
Well being information aggregation and centralization platform 1upHealth closed a $40 million Collection C funding spherical.
Sixth Road Development led the spherical with participation from current traders Jackson Sq. Ventures, F-Prime Capital and Eniac Ventures. Lee Mooney, managing director at Sixth Road Development, will be a part of 1upHealth’s board of administrators.
The Boston-based firm presents a cloud-based, AI-enabled, FHIR-native platform that enables sufferers, builders and suppliers to combination and share well being information, together with data from EHRs. 1upHealth will use the funds to additional develop its Knowledge Cloud product and develop its staff.
„With proposed federal rules requiring enhanced well being data trade capabilities, 1upHealth is well-positioned to reply to these market forces whereas serving to healthcare organizations improve the utility of their information utilizing fashionable database expertise,“ Mooney stated in an announcement.
Treatment adherence firm Scene Well being (previously emocha) raised $17.7 million in a Collection B financing spherical, bringing its whole increase to over $25 million.
ABS Capital Companions led the spherical with participation from current traders Claritas Well being Ventures, Healthworx, Kapor Capital and PTX Capital.
Cal Wheaton, basic accomplice of ABS Capital Companions, will be a part of Scene’s board of administrators.
Scene Well being presents Immediately Noticed Remedy by way of asynchronous, livestream and in-person appointments, the place nurses, pharmacists and well being coaches can watch how sufferers take their medicine, similar to an inhaler, to make sure correct use. Sufferers are additionally supplied medicine reminders by way of the app, which incorporates monetary incentives and academic video content material.
The corporate will use the cash to speed up its means to work with Medicaid managed care and Medicare Benefit plans, scientific analysis organizations and pharmaceutical firms.
„We’re thrilled to be partnering with Scene and its skilled staff to broaden the scope of Scene’s optimistic affected person engagement and influence whereas meaningfully decreasing the monetary burden related to medicine nonadherence for Scene’s assorted clients,“ Wheaton stated in an announcement.
Final week, the corporate acquired a $1.67 million grant from the Nationwide Institutes of Well being to supply its medicine adherence choices to pediatric coronary heart transplant recipients in Florida.
Ty Vachon will supply extra element within the HIMSS23 session „ML and AI Discussion board: 2023 AI in Healthcare: The Good, The Unhealthy and The Hopeful.“ It’s scheduled for Monday, April 17 at 3 p.m. – 4 p.m. CT on the South Constructing, Degree 1, room S100 B.
