The company raised a $33.5 million Series C round that included participation from rural healthcare system Sanford Health, Chinese insurer Ping An and global pharmacy chain Walgreens.
The investment vehicle is backed by major pharma companies like Novartis, Otsuka and the Chiesi Group, along with Irvine-based medical device maker Masimo and the venture arm of Chinese insurance firm Ping An.
Discover what tools are essential for efficient, safe surgical extractions in today’s health care landscape, from elevators to forceps and beyond.
StartUp Health raises $19.3 million from investors including Ping An Global Voyager Fund, the venture arm of Chinese insurance group Ping An, as well as from Guidewell and Masimo Corporation.
In a new analysis, Accenture dives deeper into digital health funding. The assessment includes a prediction that annual investment in digital health startups will reach $7 billion by the end of 2017.
Ping An's move to invest in health companies outside of China comes as digital health companies in the country have failed to meet expectations.