Data exchange platform Particle Health scores $25M and more digital health fundings

Data exchange platform Particle Health introduced this week it had raised $25 million in funding, about two years after a $12 million Series A spherical.

The startup mentioned the increase brings its whole funding pot to $39.3 million. The spherical was led by Canvas Ventures with participation from Menlo Ventures, Story Ventures and Pruven Capital.

Particle presents an API platform that aggregates and standardizes affected person medical file knowledge for supplier organizations, pharmacies and digital care firms.

“Particle Health was founded with the mission to dramatically change lives through access to vital medical data. Since day one, we have established ourselves as an industry leader that standardizes records, identifies key pieces of information, and focuses on patient attributes that lead to more clinically relevant decision making,” CEO and cofounder Troy Bannister mentioned in a press release.

“With this latest round of funding, our team is looking forward to evolving the capabilities of our API platform further to empower our users with even more meaningful and actionable data.”

EHR maker Canvas Medical scooped up $24 million in a Series B funding spherical led by M13.

Other individuals within the increase embrace Haystack and earlier traders Inspired Capital, IA Ventures, Upfront Ventures and Irongrey. The startup scored $17 million in 2021 and $3 million in 2018. Alongside the funding, Canvas additionally introduced it had acquired certification from the Office of the National Coordinator for Health Information Technology.

“We are thrilled to lead the Series B in Canvas Medical,” M13’s Latif Peracha mentioned in a press release. “Canvas serves digital-enabled care-delivery companies and fosters developer-caregiver collaboration to design and implement better care models for patients. Canvas is building the enabling infrastructure to power the entire digital health market, and we believe they will win by driving competition among services and applications that touch the end patient.”

Virtual cardiovascular rehabilitation program Moving Analytics introduced this week it had scored $20 million in Series A financing.

The spherical was led by Wellington Access Ventures and Seae Ventures with participation from Philips Ventures, SteelSky Ventures, Aphelion Capital, Nueterra Capital and Citi Ventures. The Series A brings Moving Analytics’ whole increase to $30 million.

The startup will use the funding to rent new staffers, increase its supplier community to serve sufferers in all 50 states, guarantee its packages meet the wants of girls and minority sufferers, and foyer for elevated consciousness of digital rehab.

Pediatric digital behavioral health firm Brightline added one other $10 million to its Series C spherical, bringing the overall to $115 million.

The strategic funding and partnership with New York-based health system Northwell Health will enable the startup to coordinate with companions for specialty care, add interactive content material, increase providers for youngsters and add advantages for workers.

“Pediatric behavioral health has been declared a national crisis and the demand for services is experienced across the healthcare landscape,” Dr. Victor Fornari, vice chair and director of kid and adolescent psychiatry at Northwell Health, mentioned in a press release. “At Northwell, demand for services has been immense and we look forward to collaborating with the Brightline team as they broaden access to services using technology, virtual care and education.”

Virtual consuming dysfunction therapy startup Arise scored more than $4 million in seed funding.

The seed was led by Greycroft and BBG Ventures, and included participation from Wireframe Ventures, Cityblock cofounder Iyah Romm, Sonder Health founder Dr. Sylvia Romm and PatientPing founder Jay Desai.

The startup plans to supply a neighborhood care beta program in late summer time, with its full care mannequin launching with scientific providers within the fall.


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