Investor

The company plans to use the new funds to expand commercialization in the US, Europe and Israel. 

The Boston-headquartered company offers over 30 mental health support programs. 

Women’s Health USA, QED Investors, LabCorp, Fool Ventures and Gore Range Capital participated in this round. 

According to the new Rock Health funding report in Q1 digital health companies raised $3.1 billion in new investments. However, with the coronavirus hurting the economy, the rest of the year may not follow suit. 

The company will use the money to increase its European presence.

The new round was led by General Catalyst with participation from F-Prime Capital, Kickstart Seed Fund, Diōko Ventures and Jonathan Bush. 

The company is tripling its physician pool by the end of April, and has launched a new patient dashboard.

The new investment brings the medical cybersecurity startup's total raise to $30 million.

The raise will help SteadyMD further develop its technology platform and online services.

The seat can collect data on a patient's heart rate, blood pressure, cardiac output, ECG and blood oxygenation.