MedCitizens

StartUPDATES: New developments for healthcare startups

Read about new developments from healthcare startups such as Carrum Health, Siren, NeuroFlow, and more.

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Carrum Health announced it has hired Brook West as chief commercial officer (CCO). West joins Carrum Health’s powerhouse executive team, bringing more than 20 years of experience and success in leading sales teams across a variety of industries.

Previously, West served as vice president of sales at 98point6, where she led the team and drove the digital healthcare company’s growth. At Carrum Health, she will help employers around the country adopt a COE program to provide employees access to the country’s best surgeons while significantly lowering costs.

“The healthcare industry is in the midst of a dramatic shift away from inefficient, outdated reimbursement models that pay providers for the number of patients they see rather than the quality of care they deliver,” said Sach Jain, CEO and founder. “Carrum Health is at an inflection point for growth and Brook’s addition will further accelerate adoption of our solution among employers.”


Healthcare innovation companies attracted $6.6 billion in deals in the third quarter, according to a new report from StartUp Health. Although megadeals such as the Telehealth-Livongo merger as well as sizeable funding rounds from insurance startup Bright Health and virtual cycle/run training business Zwift helped propel that figure, about half of the deals in the third quarter (95) reflected funding rounds of under $10 million, according to the report. Click here to read more.


Lucid Scientific, a company that develops biotechnology tools, such as cell culture sensors for researchers, closed a $3 million Series Seed financing. Dynamk Capital led the funding round, with other previous investor participants and the Georgia Research Alliance’s Venture Fund. Click here to read more.


Siren, which uses smart textiles to infuse socks with remote patient monitoring technology, has raised $9 million in the final close of a Series B funding round. New investors include Manta Ray, Mighty Capital, Portfolia and David Helgason. Earlier this year Siren raised $11.8 million from investors such as Anthem Ventures, DCM, Khosla Ventures, 500 Startups and Founders Fund. Click here to read more.


NeuroFlow, which develops behavioral health software, won a $1.5 million contract with the United States Air Force to expand its platform to multiple sites, enhancing and scaling care delivered by administrators and medical personnel. Click here to read more.


Do you have a life science or digital health startup that’s focused on precision medicine? Are you interested in presenting your company to a group of judges for the INVEST Precision Medicine conference December 9-11? To learn more, contact Laura Kittredge, Breaking Media Events Director, at [email protected].

Picture: akindo, Getty Images