digital health funding
A new survey by Catalyst@Health 2.0 reveals that more than half of digital health companies reported higher than expected revenue last year.
The round was led by the Chernin Group and Elysian Park.
General Atlantic, Centene and AXA Venture Partners led the Series D round.
Also: UCM Digital Health closes Series A for company growth, MD Ally raises $3.5M in seed round and Votive Health launches with $2.5M.
The company collected $9 million in debt financing from SVB and $12 million in equity investments led by Savitr positions, according to its announcement.
StartUp Health's Unity Stoakes joins the MobiHealthNews team to look back at a groundbreaking quarter for investment.
Also: Seqster completes Series A round and Oath Care lands $2M ahead of its launch later this year.
Virta plans to use the funds to grow its platform to reach more patients.
Polaris Partners led the Series B round.
Also: Swiss insulin-delivery company CeQur gets $115M, and Medable gains more funds for clinical-trial process.