This roundup can be revealed 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 house have been introduced this month. Here’s a checklist of among the greatest 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 gives merchandise for supplier knowledge accuracy, medical 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 answer to extra well being insurers and develop its medical answer, Amit Garg, CEO and co-founder of HiLabs, beforehand informed 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 scuffling with tobacco, alcohol and opioids. It offers behavioral remedy and medication-assisted remedy packages.
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 medical analysis efforts,” in line 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 individuals with delicate to extreme despair, anxiousness and different temper issues. It additionally offers a program referred to as Disaster Care that treats those that are actively contemplating suicide, have had a current suicide try or require follow-up care. Its providers can be found in all 50 states and might 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 develop 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 gives open enrollment steering, invoice and claims help, appointment reserving and 24/7 entry to a care group.
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 improvement, and help enlargement initiatives,” the information launch said.
Picture: StockFinland, Getty Pictures