Information analytics firm Arcadia secures $125 million from strategic investor and financing accomplice Vista Credit score Companions, Vista Fairness Companions’ credit-lending arm.
The funds will likely 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 targets, 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 knowledge platform for healthcare organizations, » Michael Meucci, CEO of Arcadia, stated in an announcement.
Spring Well being, which gives digital psychological healthcare and navigation companies, introduced it had raised $71 million, boosting its valuation to $2.5 billion.
In a weblog submit, the startup stated the most recent elevate would give it flexibility to put money into companies « alongside our path to profitability. »
Spring final raised $190 million in Sequence C funding in 2021. Final 12 months, it acquired Weldon, which supplied psychological wellness steerage to oldsters by way of chats with therapists, social employees and parenting coaches in addition to group assist and academic content material.
Well being knowledge aggregation and centralization platform 1upHealth closed a $40 million Sequence C funding spherical.
Sixth Road Development led the spherical with participation from present 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 gives a cloud-based, AI-enabled, FHIR-native platform that enables sufferers, builders and suppliers to combination and share well being knowledge, together with data from EHRs. 1upHealth will use the funds to additional develop its Information Cloud product and develop its workforce.
« With proposed federal laws requiring enhanced well being data change capabilities, 1upHealth is well-positioned to reply to these market forces whereas serving to healthcare organizations improve the utility of their knowledge utilizing trendy database know-how, » Mooney stated in an announcement.
Medicine adherence firm Scene Well being (previously emocha) raised $17.7 million in a Sequence B financing spherical, bringing its whole elevate to over $25 million.
ABS Capital Companions led the spherical with participation from present traders Claritas Well being Ventures, Healthworx, Kapor Capital and PTX Capital.
Cal Wheaton, common accomplice of ABS Capital Companions, will be a part of Scene’s board of administrators.
Scene Well being gives 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 remedy, comparable to an inhaler, to make sure correct use. Sufferers are additionally supplied remedy 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 potential 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 workforce to increase the scope of Scene’s optimistic affected person engagement and influence whereas meaningfully decreasing the monetary burden related to remedy nonadherence for Scene’s different prospects, » Wheaton stated in an announcement.
Final week, the corporate obtained a $1.67 million grant from the Nationwide Institutes of Well being to offer its remedy adherence choices to pediatric coronary heart transplant recipients in Florida.
Ty Vachon will provide extra element within the HIMSS23 session « ML and AI Discussion board: 2023 AI in Healthcare: The Good, The Dangerous and The Hopeful. » It’s scheduled for Monday, April 17 at 3 p.m. – 4 p.m. CT on the South Constructing, Stage 1, room S100 B.
