4 Notable Health Tech Funding Announcements in March
Health tech companies made several major funding announcements in March. Here is a list of some of the biggest funding rounds.
Navina Snags $55M for Its Value-Based Care AI Copilot
Navina closed a $55 million Series C funding round led by Goldman Sachs. The company, based in Israel and New York, uses AI to help primary care physicians thrive in value-based care models.
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Bluebird Kids Health Raises $31.5M for Its Value-Based Pediatric Care Clinics in Underserved Areas
Bluebird Kids Health raised $31.5 million in Series A funds. The startup seeks to improve pediatric care access in underserved areas by building practices in these areas and accepting all insurance types.
Lynx Secures $27M To Simplify Healthcare Payments
Lynx's Series A round was led by Flare Capital Partners and included participation from CVS Health Ventures, McKesson Ventures, .406 Ventures, Obvious Ventures and Frist Cressey Ventures.
Cala Health Snags $50M for At-Home Tremor Relief Therapy
Cala Health closed a $50 million funding round. The Silicon Valley-based company sells an FDA-cleared wearable device that temporarily relieves hand tremors in people with essential tremor and Parkinson’s disease.
Nym Rakes In $47M for Autonomous Coding Engine
Autonomous coding startup Nym raised $47 million. The New York City-based company has 21 provider customers, including Geisinger and Ochsner Health.
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3 Health Systems Invest In Supply Chain Startup
Clarium, a startup on a mission to transform hospital supply chain operations, closed a $10.5 million financing round this week. The round was led by General Catalyst and included three health system venture capital arms — those of Kaiser Permanente, Yale New Haven Health and Texas Medical Center.
Caresyntax Rakes In $180M To Make Hospital ORs More Efficient
Caresyntax closed a $180 million Series C extension round, bringing its Series C fundraising total to $310 million. The company sells AI-based precision surgery technology that unifies operating room data on a single platform.
HarmonyCares Snags $200M to Scale Its In-Home Primary Care Model For Medicare & MA Plans
HarmonyCares raised $200 million dollars to scale its in-home primary care delivery model for high-risk senior patients. The money will be used to expand HarmonyCares’ market reach, particularly in the Medicare Advantage space — even as health systems continue to drop their MA contracts.
K Health’s Latest Funding Round Brings the Primary Care AI Startup to $380M Raised
K Health closed a $50 million equity funding round, which brought its total fundraising amount to $380 million and propelled the startup to a $900 million valuation. The company, which was founded in 2016, uses AI to educate patients about their symptoms and connect them to primary care.
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Sword Health Secures $130M, Introduces AI Care Specialist
With its financing round of $130 million, Sword Health is now valued at $3 billion. The company also unveiled Phoenix, an AI care specialist that guides users through sessions.
Watershed Health Raises $14M For Its Care Coordination Platform
Watershed Health closed a $13.6 million funding round this week. The New Orleans-based company seeks to improve care coordination by connecting providers of all types across the healthcare system.
Biolinq Snags $58M for ‘Smallest Biosensor in the World’
Biolinq raked in $58 million in capital this week. The company is developing a wearable patch that uses electrochemical sensors to measure a person’s glucose levels from the intradermal space just beneath the surface of their skin.
March Fundraising Roundup: 7 Provider Tech Startups That Closed Rounds This Month
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Blackbird Health Secures $17M To Expand Youth Mental Health Model
Blackbird Health's $17 million Series A funding round was led by Define Ventures and included participation from Frist Cressey Ventures and GreyMatter. In total, the startup has raised nearly $23 million.