Details-driven crisis response system RapidSOS announced closing a $75 million funding spherical, bringing its full capital lifted to additional than $250 million. 

The New York-based mostly company supplies unexpected emergency responders with serious-time wellness and area knowledge just before they get there on the scene, collected from smartphones and other connected gadgets ranging from wearables to motor autos and nearby surveillance techniques. 

NightDragon led the newest spherical of funding, with more investments from Honeywell, BAM Elevate, Axon, Perception Companions, the Citi Effects Fund, M12, Highland Capital Companions, Playground World wide, Forte Ventures, Avanta Ventures and C5 Funds. 

In 2021, RapidSOS introduced the near of an $85 million Collection C funding spherical led by Perception Partners, noting its system was in use amid a lot more than 4,800 emergency communications facilities across the U.S.

Presently, the corporation reviews a presence in additional than 15,000 initial responder businesses on four continents. 

“For a decade, we’ve had the privilege to find out from our nation’s 1st responders to establish engineering that supports their daily life-saving perform,” Michael Martin, founder and CEO of RapidSOS, explained in a statement. “Hundreds of thousands and thousands of lives are impacted each 12 months by the heroism of these individuals, and we’re honored to have companions in this journey that share in a vision to renovate basic safety, security and crisis response.” 

Chicago-primarily based HealthJoy, a digital personnel gains platform, lifted $60 million in Collection D funding that it will use to accelerate progress. 

The recent round was led by Valspring Funds, with participation from new buyers Endeavour Vision and CIBC Innovation Banking, bringing the overall elevated to far more than $108 million. 

Existing investors GoHealth co-founders Brandon Cruz and Clint Jones, US Enterprise Partners, Nueterra Cash, Wellness Velocity Capital and Epic also participated in the round.

HealthJoy, founded in 2014, expanded its organization from the unique well being insurance current market to employee engagement and price tag containment in 2016. 

The firm offers Joy, a digital assistant that assists people understand their benefits offers and navigate their care options by way of an AI-guided discussion. Along with displaying an individual’s protection, the system consists of 24/7 stay care company guidance and a log of historical statements information and past conversations.

HealthJoy’s the latest funding will come right after its $30 million Collection C funding round in 2020 and $12.5 million Collection B funding round in 2019.

University-based mostly pediatric telehealth provider Hazel Wellbeing announced the closure of a $51.5 million Collection C1 funding spherical with participation from Owl Ventures, Tao Capital Companions, Memorial Hermann, Firework Ventures and Carrie Walton Penner by means of Fiore Ventures. 

Hazel Wellbeing partners with college districts to give digital treatment clinics inside the school nurse’s business. Hazel also presents tools to faculties, this sort of as thermometers and about-the-counter medicine, and trains university nurses and workers on launching a visit and taking students’ vitals. 

The new spherical of funding will aid the firm’s expansion and allow for ongoing merchandise innovation.

Hazel introduced a $33.5 million Sequence C increase headed by Owl Ventures and Bain Cash Ventures in 2020. 

Navina, an Israeli startup acquiring an AI-based mostly platform for primary care suppliers, declared a $22 million Collection B funding round led by ALIVE Israel HealthTech Fund, with participation from present investors Grove Ventures, Schusterman Family Investments and Vertex Ventures Israel.

The firm’s resource builds “affected person portraits” that reorganize disparate individual details for accessible clinician evaluation and highlights information and facts that could be clinically pertinent to every case. 

The latest round, which doubles the complete expenditure to day to $44 million, will be utilized to speed up the firm’s advancement and adoption amongst U.S. physician teams and the organization health care market. 

Navina will also even more commit in its AI know-how and scientific algorithms and increase its integration of emerging data sources. 

Galen Robotics, which touts a service product for its surgical robotic platform, declared the very first near for an oversubscribed $15 million Series A funding spherical led by Ambix Healthcare Associates.

Galen utilised the Collection A funding to complete its ultimate robotic prototype and submit the new collaborative tender tissue surgical robot for Fda thought. It will also use the resources to expand scientific treatment teams, extend engineering, develop surgeon teaching plans and enhance solution enhancement. 

The organization opened a second near for the Series A funding round for an added $5 million, which it expects to wrap up before long.

California-based Midi Wellbeing, a digital care clinic for menopause, acquired a $14 million seed investment decision co-led by Felicis and SemperVirens.

Other members in the increase contain Emerson Collective, Operator Collective, Icon Ventures, Muse Cash, Steel Sky Ventures, and Anne and Susan Wojcicki. 

Midi Well being presents virtual treatment guided by medical professionals and scientists who oversee a community of nurse practitioners and supplies interventions from way of life coaching to prescription medication. 

The company at the moment offers insurance-covered care in California and will use the new capital to develop operations nationwide and start partnerships with hospital units and U.S. companies. 

Lumata Health and fitness, a exercise management system for ophthalmology, lifted $4 million in a Sequence A round.

The round, led by Cortago Ventures with participation from Wolfpack Trader Community and 30 training ophthalmologists, will assist the intelligent eye care management platform scale its existence across the U.S. and improve its system, building predictive analytics and incorporating automatic affected individual interaction pathways. 

The startup formerly acquired far more than $2 million in exploration funding from the Nationwide Eye Institute. 

By Lois C

Leave a Reply