Willow, maker of wearable breast pumps, announced it acquired British femtech company Elvie to scale the companies' maternal health platforms.
San Francisco-based Willow offers in-bra breast pumps, pumping accessories and breast care. The company most recently received FDA 510(k) clearance for its breast pump, Willow Generation 3 Breast Pump, in October of last year.
Elvie offers its own line...
New York-based virtual care company Teladoc Health announced it has signed a definitive agreement to acquire virtual preventative care company Catapult Health in an all-cash deal worth $65 million.
The deal includes an additional $5 million in contingent earnout consideration, meaning Teladoc agrees to pay additional cash or provide equity interests to Catapult should certain events occur after...
Akili, the company behind video game-like prescription and over-the-counter digital therapeutics for individuals with ADHD, has signed a definitive merger agreement with mental health and fitness company Virtual Therapeutics in a deal reportedly worth $34 million.
Under the agreement, which is slated to close in the third quarter of 2024, Akili shareholders will receive $0.4340 per share of...
Digital health companies scored $57.2 billion in funding worldwide last year across 2,930 deals, increasing 79% from 2020, according to CB Insights' State of Digital Health 2021 Report.
"Funding in all geographies hit record levels in 2021, fueled by the growing need to provide digital solutions and delivery models to patients during the pandemic," the report's authors wrote.
However, the U.S....
Digital mental health titans Ginger and Headspace have officially closed their merger in a deal that reportedly values the combined company at $3 billion.
Now operating as Headspace Health, the newly formed entity brings together Headspace’s direct-to-consumer mindfulness and meditation app with Ginger’s on-demand digital mental health coaching and video therapy platform.
By their joining forces...
Tech-enabled drug discovery company Valo Health announced today plans to go public through a $2.8 billion SPAC deal with Khosla Ventures Acquisition Co., a special purpose acquisition company from Khosla Ventures.
The deal, which is expected to close in the third quarter of this year, will deliver approximately $168.5 million in proceeds in private investment in public equity (PIPE) funding from...
Everlywell, a leader in the at-home diagnostic testing space, has acquired PWNHealth and its subsidiary Home Access Health to form a new parent company called Everly Health.
PWNHealth and Home Access Health both have self-collected lab test services, and by combining the companies, Everly Health will support more than 20 million people annually in all 50 U.S. states, Canada and Puerto Rico,...
Louisville, Kentucky-based Appriss Health announced today that it has entered into a definitive agreement to acquire the Boston-based care-coordination platform PatientPing.
Appriss Health did not disclose the terms of the transaction, but the deal values PatientPing at approximately $500 million, people familiar with the transaction shared with PE Hub.
The companies expect the deal to close in...
PointClickCare Technologies, a company focused on cloud-based software technology for the long-term and post-acute care market, today announced plans to acquire the cross-continuum coordinated care platform Collective Medical.
Together, the two companies will provide healthcare teams across the acute, ambulatory and post-acute care settings with access to real-time patient data at any stage of a...
Behavioral health prediction and care pathway recommendation company Ontrak has acquired LifeDojo, a behavioral health-change platform for employers.
LifeDojo’s platform takes a member-centric approach to behavior change to improve health outcomes. It combines personalized coaching with mobile applications to help employees form healthy habits like getting more sleep, being active, healthy eating...
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