Alpha Sophia is thrilled to announce a new partnership with Greenlight Guru, combining its advanced healthcare targeting platform with their industry-leading quality management system. This collaboration will empower MedTech companies by streamlining the journey from product development to market adoption. By integrating Greenlight Guru’s eQMS with Alpha Sophia’s data insights, Alpha Sophia will help companies target the right healthcare professionals, reduce risks, and bring innovative products to market faster, creating a positive impact on healthcare.
For more information, visit Alpha Sophia and Greenlight Guru.
Health Wildcatters’ Women in Science and Healthcare (WISH) Network Initiative is one of 44 Stage Two winners of the 2024 Growth Accelerator Fund Competition (GAFC), according to an announcement from the U.S. Small Business Administration (SBA). This recognition will enable the WISH Network to expand its reach across university campuses in North Texas.
The WISH Network is dedicated to fostering a vibrant community of like-minded women by providing resources, mentorship, and inspiration from female leaders and entrepreneurs in the healthcare and STEM fields. As a recognized growth accelerator partner, the WISH Network will receive a grant prize in acknowledgment of its pivotal role in supporting the launch, growth, and scaling of STEM/R&D-focused small businesses in the sustainability and biotechnology sectors, backed by the continued support of the SBA GAFC and Lyda Hill Philanthropies.
Recognized earlier this year as an SBA GAFC Stage I recipient, the WISH Network initiative created partnerships among seven leading universities and colleges, including Dallas College, UT Southwestern, the University of Texas at Arlington, the University of Texas at Dallas, Baylor University, the University of North Texas at Dallas, and Southern Methodist University. These partnerships are designed to launch WISH Network programming on their campuses, creating extensive networking and education opportunities for healthcare and STEM/R&D students and entrepreneurs, increasing accessibility to healthcare and STEM entrepreneurship into the North Texas community.
“This support from the SBA will serve as a catalyst for building a strong pipeline of female entrepreneurs in STEM and healthcare, particularly from underserved and underrepresented backgrounds, through these strategic academic partnerships,” said Jovelyn Castellanos, Director of Strategic Initiatives and Public Affairs at Health Wildcatters, who has been spearheading the WISH Network initiative since its inception in 2022. “Together, we are driving a more equitable and accessible future for female entrepreneurship in STEM and healthcare, fueling the future of healthcare innovation.”
To learn more, click here.
Rezilient Health, a health tech business, has closed a $10 million Series A funding round led by Govo Venture Partners with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, Jim McKelvey (co-founder of Block, formerly Square), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese (Founder of Verata Health), and David Karandish (Founder of Answers.com), accoring to a press release.
It will use the new funding to expand concierge healthcare and expand its scope of services. Oklahoma State University recently partnered with Rezilient Health to provide a comprehensive multispecialty care benefit to faculty and staff at the newest CloudClinic location in Stillwater, OK.
To learn more, click here.
Rippl, a virtual dementia specialty care provider, has raised $24 million in a Series A round. The funding comes six months after it acquired Kinto, a Boston-based, AI-enabled dementia caregiver support platform, to expand its reach.
Tina Hoang-To, Kin Ventures Founding General Partner, led the round with participation from Rippl’s seed investors ARCH Venture Partners, General Catalyst, GV (Google Ventures), F-Prime, Mass General Brigham Ventures, and 1843 Capital, according to a press release. JSL Health also joined the round. The funding will be used, in part, to fuel a four-year expansion plan as part of a partnership with the Alzheimer’s Association.
To learn more, click here.
Nym, a health tech business that transforms revenue cycle management by automating the medical coding process, has raised $47 million in a financing round led by growth equity firm PSG. Existing and new investors took part in the round, including Google Ventures, Addition, Samsung Next and Dynamic Loop Capital, according to a press release.
In August, health tech giant Epic added the company’s automated medical coding tech to its Showroom, a site providing info on third party vendors that integrate with Epic’s software.
“In our view, autonomous medical coding is the clear direction of travel for the healthcare industry due to the persistent shortage of medical coders and unmitigated costs, among other factors,” said Rotem Shacham, Director at PSG. “We believe Nym is set to maintain its position as a leading autonomous medical coding provider due to its AI-powered engine’s ability to help improve financial performance, operational efficiency, and compliance, enabling providers to focus on patient care.”
To learn more, click here.
Mithradote Bio, a biotech startup developing the first self-administered antidote against drink spiking, has closed an oversubscribed $1 million seed round. Taho Pharma and Vickers Venture Partners co-led the funding round, according to a press release.
The company also secured strategic development agreements with Haorui Pharmatech for active pharmaceutical ingredient manufacturing and Taho Pharma for an oral delivery formulation.
“Drug-facilitated sexual assault is unfortunately a significant issue worldwide, with no available self-administered solution when someone suspects they have ingested a ‘date-rape’ drug,” said Mithradote Founder and CEO Sophia Lee in the announcement. “We are proud to be developing a convenient sublingual strip that allows for rapid absorption and drug neutralization, and can be easily taken if the need arises. With the support of our new investors and strategic development partners, we are excited to advance this meaningful program.”
To learn more, click here.
Photo: StockFinland, Getty Images
This is a paid member feature of MedCitizens. Please submit here and join!