Motivity, a clinical SaaS platform for applied behavior analysis (ABA) providers, secured $27 million from Five Elms Capital.
WHAT IT DOES
Motivity provides clinical software for behavioral health providers who treat children with autism. It offers an advanced platform for ABA therapy, which is based on learning and behavior. ABA involves various techniques, such as positive reinforcement and...
Wysa, a company offering an AI-enabled mental health chatbot, announced it is merging with April Health, which integrates virtual behavioral health services into primary care.
Wysa's chatbot guides users through cognitive behavioral therapy for concerns like low mood, stress and anxiety. The company's employer offering also includes a self-care library of exercises to improve self-esteem, sleep...
Tech-enabled drug discovery company Insilico Medicine secured $110 million in an oversubscribed Series E funding round.
A large equity fund of Value Partners Group, an asset management firm in Asia, and new and existing investors participated in the round.
WHAT IT DOES
Massachusetts-based Insilico's proprietary generative AI platform, Pharma.AI, utilizes biology, clinical medicine, scientific...
The American Cancer Society (ACS) and healthcare AI company Layer Health announced a multi-year collaboration aimed at using large language models (LLMs) to expedite cancer research.
ACS will use Layer Health’s LLM-powered data abstraction platform to pull clinical data from thousands of medical charts of patients enrolled in ACS research studies.
Those studies include the Cancer Prevention Study...
Neuromod, a medical device company out of Dublin focused on treating tinnitus, secured €10 million ($10.9 million) in equity financing, expanding its Series B raise.
The raise builds on the company's €10.5 million ( $11.43 million) oversubscribed Series B financing in 2020.
Existing investors Fountain Healthcare Partners and Panakès Partners led the round.
WHAT IT DOES
Neuromod is a global...
At its June 2024 meeting, the American Society of Health-System Pharmacists (ASHP) House of Delegates approved the ASHP policy the Role of Artificial Intelligence in Pharmacy Practice. The policy recognizes the potential for AI to improve patient care, acknowledges the risks and ethical challenges associated with the use of AI in healthcare settings, and supports the adoption of policies and...
Women's health group Axia Women's Health announced it has secured new multi-year agreements with Cigna Healthcare and Horizon Blue Cross Blue Shield of New Jersey.
Axia connects women to a network of providers, including OB/GYN physicians, breast health centers, high-risk pregnancy centers, laboratories and fertility centers.
The aim of the partnerships is to bolster Axia's commitment to...
Hinge Health, a digital musculoskeletal care platform, filed for an IPO on Monday with the U.S. Securities and Exchange Commission to go public under the symbol HNGE, despite recent stock market volatility due to uncertainty around U.S. trade policies.
The San Francisco-based company, founded in 2015, provides individuals with musculoskeletal conditions access to health coaches, orthopedic...
Indiana-based healthcare technology company Syra Health reported full-year 2024 revenue of $8 million, a 45% increase from $5.5 million in 2023.
The company's revenue, excluding healthcare workforce, grew 66% YoY and increased to 26% of total revenue, compared to 23% of total revenue in 2023.
Syra reported population health made it to $1.7 million in revenue in 2024, more than double from...
Virtual care company Teladoc Health announced the expansion of its connected care partnerships across new categories, including digestive health, centers of excellence, fertility and family building.
The company announced technology integrations aimed at helping Teladoc Health’s care providers and coaches view members’ eligibility for these services and refer them to appropriate partner programs...
