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


Knowledge-driven emergency response platform RapidSOS introduced closing a $75 million funding spherical, bringing its complete capital raised to greater than $250 million. 

The New York-based firm supplies emergency responders with real-time well being and placement information earlier than they arrive on the scene, collected from smartphones and different related units starting from wearables to motor automobiles and close by surveillance methods. 

NightDragon led the most recent spherical of funding, with extra investments from Honeywell, BAM Elevate, Axon, Perception Companions, the Citi Influence Fund, M12, Highland Capital Companions, Playground International, Forte Ventures, Avanta Ventures and C5 Capital. 

In 2021, RapidSOS introduced the shut of an $85 million Sequence C funding spherical led by Perception Companions, noting its platform was in use amongst greater than 4,800 emergency communications facilities throughout the U.S.

Presently, the corporate studies a presence in additional than 15,000 first responder companies on 4 continents. 

“For a decade, we have had the privilege to be taught from our nation’s first responders to construct expertise that helps their life-saving work,” Michael Martin, founder and CEO of RapidSOS, stated in an announcement. “A whole lot of tens of millions of lives are impacted annually by the heroism of those people, and we’re honored to have companions on this journey that share in a imaginative and prescient to rework security, safety and emergency response.” 

Chicago-based HealthJoy, a digital worker advantages platform, raised $60 million in Sequence D funding that it’s going to use to speed up development. 

The present spherical was led by Valspring Capital, with participation from new traders Endeavour Imaginative and prescient and CIBC Innovation Banking, bringing the full raised to greater than $108 million. 

Current traders GoHealth co-founders Brandon Cruz and Clint Jones, US Enterprise Companions, Nueterra Capital, Well being Velocity Capital and Epic additionally participated within the spherical.

HealthJoy, based in 2014, expanded its enterprise from the person medical health insurance market to worker engagement and value containment in 2016. 

The corporate presents Pleasure, a digital assistant that helps customers perceive their advantages packages and navigate their care choices by way of an AI-guided dialog. Together with displaying a person’s protection, the platform contains 24/7 stay care supplier assist and a log of historic claims data and previous conversations.

HealthJoy’s latest funding comes after its $30 million Sequence C funding spherical in 2020 and $12.5 million Sequence B funding spherical in 2019.

College-based pediatric telehealth supplier Hazel Well being introduced the closure of a $51.5 million Sequence C1 funding spherical with participation from Owl Ventures, Tao Capital Companions, Memorial Hermann, Firework Ventures and Carrie Walton Penner by way of Fiore Ventures. 

Hazel Well being companions with college districts to supply digital care clinics inside the varsity nurse’s workplace. Hazel additionally supplies tools to varsities, comparable to thermometers and over-the-counter treatment, and trains college nurses and employees on launching a go to and taking college students’ vitals. 

The brand new spherical of funding will assist the corporate’s growth and permit for continued product innovation.

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

Navina, an Israeli startup growing an AI-based platform for major care suppliers, introduced a $22 million Sequence B funding spherical led by ALIVE Israel HealthTech Fund, with participation from current traders Grove Ventures, Schusterman Household Investments and Vertex Ventures Israel.

The corporate’s instrument builds “affected person portraits” that reorganize disparate affected person information for accessible clinician assessment and highlights data that could possibly be clinically related to every case. 

The most recent spherical, which doubles the full funding up to now to $44 million, will likely be used to speed up the corporate’s development and adoption amongst U.S. doctor teams and the enterprise healthcare market. 

Navina may also additional spend money on its AI expertise and scientific algorithms and broaden its integration of rising information sources. 

Galen Robotics, which touts a service mannequin for its surgical robotic platform, introduced the primary shut for an oversubscribed $15 million Sequence A funding spherical led by Ambix Healthcare Companions.

Galen used the Sequence A funding to finish its remaining robotic prototype and submit the brand new collaborative gentle tissue surgical robotic for FDA consideration. It’s going to additionally use the funds to develop scientific care groups, broaden engineering, develop surgeon coaching applications and improve product growth. 

The corporate opened a second shut for the Sequence A funding spherical for a further $5 million, which it expects to wrap up quickly.

California-based Midi Well being, a digital care clinic for menopause, obtained a $14 million seed funding co-led by Felicis and SemperVirens.

Different contributors within the elevate embrace Emerson Collective, Operator Collective, Icon Ventures, Muse Capital, Metal Sky Ventures, and Anne and Susan Wojcicki. 

Midi Well being supplies digital care guided by physicians and researchers who oversee a community of nurse practitioners and supplies interventions from way of life teaching to prescription treatment. 

The corporate presently supplies insurance-covered care in California and can use the brand new capital to broaden operations nationwide and launch partnerships with hospital methods and U.S. employers. 

Lumata Well being, a observe administration platform for ophthalmology, raised $4 million in a Sequence A spherical.

The spherical, led by Cortago Ventures with participation from Wolfpack Investor Community and 30 training ophthalmologists, will assist the clever eye care administration platform scale its presence throughout the U.S. and improve its platform, growing predictive analytics and incorporating automated affected person communication pathways. 

The startup beforehand obtained greater than $2 million in analysis funding from the Nationwide Eye Institute. 


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