Redesign Health reaches $65 million and more digital health funds

Health redesignhelp build, launch, and find funding for digital health startups, announced Tuesday that it has raised a $65 million Series C round led by General Catalyst.

Other participants in the capital raise include CVS Health Ventures, UPMC Enterprises, Eden Global Partners, Euclidean Capital, Samsung Next, TriplePoint Capital and Declaration of Partnership. According to the report of Fast companySeries C raises Redesign’s after-money valuation to $1.7 billion.

Founded in 2018, Redesign says it has launched more than 40 health tech companies, including a home care startup. MedArrivecancer care coordination platform Jasper Health and mixed mental health company UpLift.

As part of the grant, General Catalyst CEO and chief operating officer Hemant Taneja will join Redesign’s board of directors. The company announced a Raise $250 million in March 2021.

Healthcare data analytics startup PurpleLab has raised $40 million in a Series B funding round led by Primus Capital, with participation from Edison Partners.

The company provides a platform that helps healthcare organizations analyze real-world data to determine how effective interventions are on a population scale. It will use the funds to invest in new data assets, product development, and new hires.

Mark Brosso, CEO and founder of PurpleLab, said in a statement.

“Understanding the comparative performance of different treatments for every condition is becoming easier through technologies such as de-identification through coding, and is being further promoted by programming tasks.” methods such as the Cures Act of the 21st Century. In a world with increasing access to RWD, the biggest challenge lies in being able to interpret the data easily.”

As an added bonus, startup Soda Health has raised $25 million in Series A funding.

Based on Axios, Lightspeed Venture Partners, Define Ventures, and Qiming Ventures joined the bull run. Company Released in August 2021 with $6 million in seed funding.

Soda provides a technology platform that allows health plans to reimburse for goods and services that are not supported by traditional medical claims, such as healthy foods, over-the-counter drugs, and vehicles. transport. Consumers can purchase these goods with a health plan debit card.

BabyLiveAdvice, a virtual healthcare provider for mothers and babies, announced it has closed a $1.1 million seed round led by Venn Ventures and Synergen Technology Labs.

Participating strategic investors include Venn Ventures, Synergen Technology Labs, Ob Hospitalist Group (OBHG), CareFirst BCBS and LifeBridge Health.

“Through the BabyLiveAdvice partnership, we look forward to providing new maternal care resources to patients and hospital partners,” said Dr Amy VanBlaricom, OBHG clinical director and board member treatment BabyLiveAdvice, said in a statement. “We’re particularly excited about BabyLiveAdvice’s potential to positively impact accessible patients with care challenges and the minority populations we serve.”

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