After just raising over $290 million, telehealth vendor American Well adds another $75 million in capital and announces deals with Samsung and Anthem. Given the astonishing amount of total capital that has gone into the firm, there is no way new investors get a decent return.
https://www.bizjournals.com/boston/news/2018/07/19/american-well-discloses-75m-investment-as-it.htmlInvestors join the League team, as the firm raises $62 million (that's Canadian dollars) for expansion of its health benefits infrastructure for employers. Apparently a fair amount of that money went to a PR firm that wrote one of the most hype-filled releases ever.
https://www.prnewswire.com/news-releases/league-inc-raises-c62m-to-transform-health-benefits-market-300685191.htmlBeddr (get it, oh that is soooo clever) raises $5.6 million to support development and commercialization of a wearable that measures sleep-related variables and provides analytics. The investors need to wake up.
https://medcitynews.com/2018/07/beddr-product-sleep/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=64708403&_hsenc=p2ANqtz-_Jzzvoipt-dkYnCMH0CASFpjU2iC69_9VWMpkXrX22wK5JmyxE5tINqKC5tAGTEE1Rs8EeQpCga4ux9aDKrkb2EV2P1ZiVKhFZFoDMtpBZh5hwajI&_hsmi=64708403&rf=1Madaket Health reels in $10 million in new capital for its software to smooth provider/payer data interchange.
https://medcitynews.com/2018/07/madaket-health-10m-data-exchange/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=64672115&_hsenc=p2ANqtz-_8Rt9iPxUeA0WH3VUxq2Mly888G5VZpP4izSgVg6YxY_OEVZTM2TQTl1GsfjLX-L6Z8NSQKQ9JxJ-y3hITcURQDlWRnu29vYg6aXEJONs-eyXmXwY&_hsmi=64672115&rf=1Octave Bioscience is music to investors' wallets, raising $14 million in new funding for software the coordinate multiple sclerosis care.
https://medcitynews.com/2018/07/octave-bioscience-raises-14-million-for-ms-care-management-system-in-series-a-round/?rf=1&utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=64495567&_hsenc=p2ANqtz-91dH6WaUI8_hiP6q0AdpNLQ2RDHlZdkCh5GaygJKY61fjN0V8MvkjQYbKF2jxG4eK1GZhIMJCrQUbAbcmeXEKLluGFb1p1BBTKV6GScN-C8nZxDBo&_hsmi=64495567The NVCA Venture Monitor gives an update on the always important topic of venture funding for new business. So far 2018 looks hot.
Read More