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

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

The New York-based firm gives emergency responders with real-time health and location knowledge earlier than they arrive on the scene, collected from smartphones and different linked units starting from wearables to motor automobiles and close by surveillance programs.

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

In 2021, RapidSOS introduced the shut of an $85 million Series C funding spherical led by Insight Partners, noting its platform was in use amongst more than 4,800 emergency communications facilities throughout the US

Currently, the corporate reviews a presence in more than 15,000 first responder companies on 4 continents.

“For a decade, we’ve had the privilege to learn from our nation’s first responders to build technology that supports their life-saving work,” Michael Martin, founder and CEO of RapidSOS, stated in an announcement. “Hundreds of millions of lives are impacted each year by the heroism of these individuals, and we’re honored to have partners in this journey that share in a vision to transform safety, security and emergency response.”

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

The present spherical was led by Valspring Capital, with participation from new buyers Endeavor Vision and CIBC Innovation Banking, bringing the full raised to more than $108 million.

Existing buyers GoHealth co-founders Brandon Cruz and Clint Jones, US Venture Partners, Nueterra Capital, Health Velocity Capital and Epic additionally participated within the spherical.

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

The firm provides Joy, a digital assistant that helps customers perceive their advantages packages and navigate their care choices by an AI-guided dialog. Along with displaying an people protection, the platform consists of 24/7 stay care supplier assist and a log of historic claims data and previous conversations.

HealthJoys latest funding comes after its $30 million Series C funding spherical in 2020 and $12.5 million Series B funding spherical in 2019.

School-based pediatric telehealth supplier Hazel Health introduced the closure of a $51.5 million Series C1 funding spherical with participation from Owl Ventures, Tao Capital Partners, Memorial Hermann, Firework Ventures and Carrie Walton Penner by Fiore Ventures.

Hazel Health companions with faculty districts to supply digital care clinics inside the varsity nurse’s workplace. Hazel additionally gives gear to colleges, comparable to thermometers and over-the-counter medicine, and trains faculty nurses and workers on launching a go to and taking college students’ vitals.

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

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

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

The firm’s instrument builds “patient portraits” that reorganize disparate affected person knowledge for accessible clinician assessment and highlights data that might be clinically related to every case.

The newest spherical, which doubles the full funding to this point to $44 million, shall be used to speed up the corporate’s development and adoption amongst US doctor teams and the enterprise healthcare market.

Navina can even additional spend money on its AI expertise and medical algorithms and increase its integration of rising knowledge sources.

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

Galen used the Series A funding to finish its closing robotic prototype and submit the brand new collaborative smooth tissue surgical robotic for FDA consideration. It can even use the funds to develop medical care groups, increase engineering, develop surgeon coaching applications and improve product improvement.

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

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

Other members within the elevate embody Emerson Collective, Operator Collective, Icon Ventures, Muse Capital, Steel Sky Ventures, and Anne and Susan Wojcicki.

Midi Health gives digital care guided by physicians and researchers who oversee a community of nurse practitioners and gives interventions from life-style teaching to prescription medicine.

The firm presently gives insurance-covered care in California and will use the brand new capital to increase operations nationwide and launch partnerships with hospital programs and US employers.

Lumata Health, a observe administration platform for ophthalmology, raised $4 million in a Series A spherical.

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

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


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