This roundup can be printed month-to-month. It’s meant to spotlight among the most notable funding rounds of the month and isn’t supposed to be complete.
A number of main fundraising bulletins within the payer/employer area have been introduced this month. Here’s a record of among the largest funding rounds:
- HiLabs raises $39 million in Sequence B funding
Bethesda, Maryland-based HiLabs is an organization that primarily serves well being insurers and makes use of AI to handle soiled knowledge. The corporate presents merchandise for supplier knowledge accuracy, scientific outcomes, cost accuracy and value-based care.
Its Sequence B funding spherical was led by Denali Progress Companions and Eight Roads Ventures and included participation from F-Prime Capital. In whole, HiLabs has raised about $41 million. The corporate plans to make use of the funds to scale its supplier resolution to extra well being insurers and develop its scientific resolution, Amit Garg, CEO and co-founder of HiLabs, beforehand advised MedCity Information.
- Pelago secures $58 million in Sequence C funding
New York Metropolis-based Pelago is a digital clinic for substance use administration. It serves employers and well being plans and helps members battling tobacco, alcohol and opioids. It gives behavioral remedy and medication-assisted therapy applications.
Pelago’s Sequence C funding spherical was led by Atomico and included participation from Kinnevik AB, Octopus Ventures, Y Combinator, Eight Roads and GreyMatter Capital. The corporate has raised $151 million in whole. Pelago will use these funds to “speed up its product roadmap, lengthen its continuum of care and advance scientific analysis efforts,” in accordance with a information launch.
- Brightside Well being nabs $33 million in Sequence C funding
San Francisco-based Brightside Well being is a telemental well being firm that gives remedy and psychiatry to folks with delicate to extreme despair, nervousness and different temper problems. It additionally gives a program known as Disaster Care that treats those that are actively contemplating suicide, have had a latest suicide try or require follow-up care. Its companies can be found in all 50 states and will be paid for with insurance coverage.
The corporate’s Sequence C funding was led by S32 and included participation from Kennedy Lewis, Time BioVentures, Anne Wojcicki of Redwood Pacific, ACME, Mousse Companions and Triventures. Brightside Well being plans to make use of the funds to broaden into new markets and create new choices. The corporate has raised over $100 million in whole.
- Healthee raises $32 million in Sequence A funding
New York Metropolis-based Healthee is an AI-powered worker advantages app. It presents open enrollment steerage, invoice and claims help, appointment reserving and 24/7 entry to a care workforce.
The Sequence A funding spherical was co-led by Fin Capital, Glilot Capital Companions and Group11, and included participation from TriNet. The funding will “facilitate the strategic scaling of operations, speed up product growth, and help enlargement initiatives,” the information launch said.
Picture: StockFinland, Getty Photographs
