Nurse staffing marketplace Incredible Health raised $80 million in Series B funding, bringing the startup’s valuation to $1.65 billion.
The round was led by Base10 Partners, with participation from Andreessen Horowitz, Obvious Ventures, Rethink Impact, Stardust Equity, 444 Capital Fund, Workday co-CEO Chano Fernandez and professional basketball player Andre Iguodala.
The startup announced a $15 million Series A in 2019. There are a number of tech-focused healthcare staffing companies raising funds, including Nomad Health, Clipboard Health, IntelyCare, and connectRN.
“Nurses are the backbone of America’s healthcare system, and they deserve well-resourced teams and tools to not only succeed, but to feel fulfilled in their careers,” said CEO and co-founder Dr. Iman Abuzeid, in a statement. “Our model has met the moment and changed the paradigm for nurses and health care providers in the most difficult time in health care in the United States. We are excited to accelerate our growth to bring even more changes.”
Arine, which offers data analytics tools for medication management, raised $29 million in Series B equity and debt funding.
The round was led by 111° West Capital, with participation from MBX Capital, New Leaf Venture Partners, Katalyst Ventures and Super Capital Group. The company said it would use the investment to improve its platform to enable value-based care at scale.
“The American healthcare system is fractured and siled, making it difficult for plans, providers and patients to align with safe and effective drug therapy,” CEO and co-founder Yoona Kim said in a statement.
“Arine overcomes the limitations of traditional manual medication management approaches by making practice scalable. Our platform pulls insights from a complex ecosystem of clinical, socioeconomic, and behavioral data to connect the dots between plans, providers, and patients, with the goal of maximizing patient outcomes.”
KeyCare, maker of a virtual care platform built with Epic EHR, announced it has closed a $24 million Series A round.
The investment included participation from 8VC, LRVHealth, Bold Capital and Spectrum Health Ventures.
“We created KeyCare to ensure healthcare systems have better options for extending virtual care services to their patients in the most convenient and safest way possible,” said CEO and Founder Dr. Lyle. Berkowitz, in a statement. “Being part of the Epic community helps us ensure that we have an incredibly powerful technology stack with easy connectivity to the majority of healthcare systems across the country.”
Care coordination software company CareHarmony has raised $15 million in a Series A funding round led by Maverick Ventures, with participation from Nashville Capital Network.
The startup said it would use the funds to develop its CareBlocks tool, which aims to help providers personalize their patients’ care journeys. He also plans to hire more staff.
“This round of funding is a validation of CareHarmony’s vision to redefine what’s possible in virtual care,” CareHarmony co-founder and CEO Gokul Mohan said in a statement.
“As we continue to evolve, this capital will help us deliver on our commitment to deliver effective, impactful and measurable virtual care to every patient. The days when care coordination was rationed to the top 1-2% of patients complex will soon be a thing of the past.”
AliveCor announced that the personal ECG maker has raised funds in a Series F round led by GE Healthcare.
Other participants in the round include NGK-NTK, through a CVC partnership with Pegasus Tech Ventures, and existing investors Khosla Ventures, Bold Capital Partners, Qualcomm Ventures and WP Global Partners. The company did not disclose the amount of the transaction. This last fundraising of 65 million dollars in 2020.
AliveCor said it plans to use the investment for subscription-based heart health management services, including KardiaCare and KardiaComplete for patients, payers and employers, and KardiaPro for physicians. The company announced Kardia Completed in May.
“We deeply appreciate the continued support of GE Healthcare and the rest of our investors for their confidence in our vision as we continue to expand our digital health footprint to serve our customers,” CEO Priya Abani said in a statement. a statement.
“This funding will help accelerate our growth in strategic new sectors and markets, enabling us to connect even more people to lifesaving remote cardiac care.”