Tomorrow Health — a home-based care technology startup that can deliver roughly 40,000 different types of medical supplies into patients’ homes — has raised $60 million in Series B funding. The number brings the startup’s total funding to $92.5 million after it secured $25 million in a Series A last year. This round was led […]
Category: Startup
Aging-in-place enabler Homethrive has raised an additional $20 million in Series B funding. For Homethrive, the funding round – led by Human Capital, with participation from Allianz, 7wireVentures and Pitango HealthTech – will go toward its “aggressive expansion” plans and further technology investments. And for similar senior-focused startups, the infusion of capital shows that VC […]
Reverence – a digital home-based care coordination platform – has come out of stealth with $9.5 million in funding. Backed by Target Global, Reverence will use the funding to build out a suite of products and services enabling the delivery of in-home care. The company has also earmarked some funds for the purposes of growing […]
Element5 announced on Tuesday that it has raised $30 million in a Series B. This latest round of funding was led by the New York-based venture capital and private equity firm Insight Partners. Insight Partners has a history with Element5. Last year, the VC and PE firm also led Element5’s $15 million Series A. “[Insight […]
The amount of money being invested in the home-based care space has many people excited about the future, particularly as smaller startup companies continue to grow. VC firms have in recent years pumped over $2.5 billion into senior care and home-based care startups, according to Crunchbase data, with notable examples being MedArrive and Sprinter Health. […]
Senior care startup DUOS announced Tuesday that it has raised $15 million in a Series A. The round was led by Imaginary Ventures, with participation from existing investors Forerunner Ventures, Declaration Partners, and a new investor, Optum Ventures. The $15 million is a significant mark for the company, which sees itself in a new stage […]
Jennifer Schneider and the rest of the Livongo team learned a lot about what works and what doesn’t work when building a digital health platform. That was before Livongo was acquired by Teladoc in a $18.5 billion deal in October 2020. “We had built a beautiful business and had a great vision, and the team […]
Another startup company focused on home-based care has scored tens of millions of dollars in initial funding. On Monday, San Francisco-based Homeward announced its launch with a $20 million investment from General Catalyst. Homeward will be led by key executives behind Livongo, the digital health platform that was acquired by Teladoc in a $18.5 billion […]
On Dec. 10, connectRN announced it had raised $76 million to scale its technology-enabled staffing platform for nurses. The Series F round was led by Suvretta Capital Management and Avidity Partners, with participation from several other groups. While its involvement didn’t garner immediate attention, one of the home health industry’s biggest names was also among […]
DispatchHealth – a company that delivers high-acuity care and other services in the home setting – is teaming up with Five Star Senior Living (NYSE: FVE). The goal of the partnership: to bring acute care to Five Star communities and its residents. “We believe that adding DispatchHealth’s unique care model to expand Five Star’s existing […]
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