This roundup is supposed to spotlight among the most notable funding rounds of the month and isn’t meant to be complete.
Well being tech corporations made a number of main funding bulletins in December. Here’s a checklist of among the largest funding rounds.
ŌURA raises $200 million in Collection D funding
ŌURA, which was based in Finland in 2013, offers a wise ring known as the Oura Ring and an accompanying app. The ring provides customized insights and steerage on sleep, exercise, readiness, stress, resilience, ladies’s well being and coronary heart well being.
Constancy Administration & Analysis Firm and Dexcom participated in ŌURA’s $200 million Collection D spherical. ŌURA has raised greater than $550 million thus far, and its Collection D spherical brings its valuation to $5.2 billion. The funding will assist the corporate in increasing its product choices and exploring potential acquisitions.
Cleerly secures $106 million in Collection C funding
Denver-based Cleerly makes use of FDA-cleared synthetic intelligence-powered options to allow detailed phenotyping of coronary artery illness, primarily based on superior non-invasive CT imaging.
Its $106 million funding elevate was led by Perception Companions and joined by Battery Ventures with participation from pre-existing buyers. The funding will assist Cleerly “proceed to scale its business development and medical proof era, serving to well being care professionals enhance outcomes for sufferers throughout the coronary care pathway,” the announcement stated.
Rework Well being snags greater than $100 million
Indianapolis, Indiana-based Rework Well being helps employers and staff construct and entry Particular person Protection Well being Reimbursement Association (ICHRA) plans. ICHRA permits employers to supply staff a month-to-month allowance of tax-free cash that they’ll use to purchase healthcare providers for his or her wants. Rework Well being’s providers embody plan creation and administration, name heart assist, automated quoting and worker onboarding.
The $100 million in financing is from Oak HC/FT and Hercules Capital. The funding will assist the corporate develop nationally, advance its platform capabilities and develop its partnerships with brokers, businesses and carriers.
Cala Well being raises $50 million
San Mateo, California-based Cala Well being is a bioelectronic medication firm. It provides FDA-cleared, noninvasive units for hand tremors.
The $50 million elevate was co-led by Vertex Progress Fund and Nexus NeuroTech Ventures and included participation from Motion Potential, Johnson & Johnson, Lightstone, Lux Capital, GV (Google Ventures), OSF Ventures, Ascension Ventures, TriVentures, Reimagined Ventures, Peak6 and Fiscus.
Soda Well being secures $50 million in Collection B funding
Bentonville, Arkansas-based Soda Well being connects well being plans and their members with a community of shops to assist advantages for meals, well being merchandise and pharmacy providers. It offers a wise advantages card that members can use on permitted items and providers. As well as, prospects obtain an evaluation to assist them discover care gaps and enhance star scores. Soda Well being additionally provides instruments to assist well being plans simulate completely different combos of well being advantages.
The $50 million Collection B financing spherical was led by Common Catalyst and included participation from former Humana CEO Bruce Broussard, Lightspeed Enterprise Companions, Outline Ventures, Qiming Enterprise Companions USA and SVB Capital. Soda Well being has raised $100 million in whole. The corporate will use the financing to scale its operations, launch new information merchandise and develop to new profit classes.
Image: Feodora Chiosea, Getty Photographs
