Investor
A trend in health tech companies going public leads to a public conversation on terminology.
Priya Abani will take up the digital health company's top role on Monday, while interim CEO Ira Bahr will shift to the COO position.
Sweden-based Flow landed $1.5 million in funding from Khosla Ventures.
The investments will help Tivic Health Systems market its recently-cleared device prior to its commercial launch in September.
The new fund will follow in the footsteps of its predecessor, targeting technology investment opportunities that drive value-based healthcare.
The service will be launching for consumers this fall.
The round was led by Washington-based Laidir Foundation.
The digital health mainstay closed its first day of trading roughly 40% above its set price, and looks forward to scaling its business as a public entity.
The new funding will be used to help grow Vine's team and develop its platform.