Emergency response platform RapidSOS raises $75M and more digital health fundings

Emergency response platform RapidSOS raises $75M and more digital health fundings

Facts-driven unexpected emergency reaction platform RapidSOS introduced closing a $75 million funding spherical, bringing its overall funds elevated to much more than $250 million. 

The New York-centered corporation provides crisis responders with authentic-time well being and area knowledge ahead of they get there on the scene, collected from smartphones and other related gadgets ranging from wearables to motor cars and close by surveillance methods. 

NightDragon led the most current spherical of funding, with extra investments from Honeywell, BAM Elevate, Axon, Insight Companions, the Citi Influence Fund, M12, Highland Capital Partners, Playground Global, Forte Ventures, Avanta Ventures and C5 Money. 

In 2021, RapidSOS announced the close of an $85 million Sequence C funding spherical led by Perception Associates, noting its system was in use among the a lot more than 4,800 crisis communications centers across the U.S.

Now, the enterprise experiences a existence in additional than 15,000 first responder companies on four continents. 

“For a decade, we have had the privilege to study from our nation’s initially responders to develop engineering that supports their existence-preserving work,” Michael Martin, founder and CEO of RapidSOS, said in a statement. “Hundreds of hundreds of thousands of life are impacted each and every year by the heroism of these folks, and we are honored to have associates in this journey that share in a vision to remodel security, stability and unexpected emergency response.” 

Chicago-primarily based HealthJoy, a digital worker benefits system, raised $60 million in Series D funding that it will use to speed up advancement. 

The current round was led by Valspring Funds, with participation from new investors Endeavour Eyesight and CIBC Innovation Banking, bringing the whole raised to more than $108 million. 

Existing investors GoHealth co-founders Brandon Cruz and Clint Jones, US Venture Companions, Nueterra Funds, Health and fitness Velocity Capital and Epic also participated in the spherical.

HealthJoy, established in 2014, expanded its small business from the individual health insurance coverage current market to worker engagement and value containment in 2016. 

The corporation delivers Pleasure, a virtual assistant that aids customers comprehend their added benefits deals and navigate their treatment options by an AI-guided discussion. Along with exhibiting an individual’s protection, the system involves 24/7 stay care supplier help and a log of historical statements information and earlier conversations.

HealthJoy’s recent funding will come after its $30 million Series C funding round in 2020 and $12.5 million Series B funding round in 2019.

Faculty-centered pediatric telehealth service provider Hazel Wellness declared the closure of a $51.5 million Sequence C1 funding round with participation from Owl Ventures, Tao Funds Partners, Memorial Hermann, Firework Ventures and Carrie Walton Penner through Fiore Ventures. 

Hazel Health and fitness partners with college districts to give virtual care clinics within the school nurse’s workplace. Hazel also gives machines to universities, such as thermometers and about-the-counter medication, and trains faculty nurses and workers on launching a stop by and taking students’ vitals. 

The new spherical of funding will help the firm’s growth and allow for ongoing product or service innovation.

Hazel declared a $33.5 million Collection C elevate headed by Owl Ventures and Bain Capital Ventures in 2020. 

Navina, an Israeli startup acquiring an AI-dependent system for primary treatment vendors, declared a $22 million Collection B funding round led by ALIVE Israel HealthTech Fund, with participation from present investors Grove Ventures, Schusterman Relatives Investments and Vertex Ventures Israel.

The company’s device builds “patient portraits” that reorganize disparate affected individual information for available clinician critique and highlights data that could be clinically applicable to each and every situation. 

The hottest spherical, which doubles the whole financial investment to date to $44 million, will be employed to speed up the company’s growth and adoption among the U.S. health practitioner groups and the company healthcare marketplace. 

Navina will also additional make investments in its AI technological innovation and clinical algorithms and expand its integration of rising knowledge resources. 

Galen Robotics, which touts a services product for its surgical robotic platform, introduced the 1st close for an oversubscribed $15 million Collection A funding round led by Ambix Health care Companions.

Galen utilized the Sequence A funding to complete its final robot prototype and submit the new collaborative smooth tissue surgical robotic for Food and drug administration consideration. It will also use the cash to increase scientific care groups, increase engineering, develop surgeon training plans and increase product or service development. 

The business opened a second shut for the Collection A funding round for an added $5 million, which it expects to wrap up soon.

California-based Midi Wellness, a virtual care clinic for menopause, received a $14 million seed investment co-led by Felicis and SemperVirens.

Other contributors in the elevate include Emerson Collective, Operator Collective, Icon Ventures, Muse Cash, Steel Sky Ventures, and Anne and Susan Wojcicki. 

Midi Wellness gives digital treatment guided by doctors and scientists who oversee a community of nurse practitioners and gives interventions from life style coaching to prescription medication. 

The corporation currently provides insurance plan-coated care in California and will use the new funds to expand functions nationwide and start partnerships with clinic techniques and U.S. employers. 

Lumata Well being, a observe administration system for ophthalmology, raised $4 million in a Series A round.

The round, led by Cortago Ventures with participation from Wolfpack Trader Community and 30 training ophthalmologists, will help the clever eye treatment management system scale its existence throughout the U.S. and enrich its system, building predictive analytics and incorporating automatic affected person interaction pathways. 

The startup beforehand acquired much more than $2 million in study funding from the Countrywide Eye Institute. 

Leave a Reply