Business
The multinational digital health company posted Q2 revenue of $265.4 million, compared with $57.5 million during the same period last year. It also reported a $157.1 million loss.
Also, Northwestern University spinout Sibel Health raises $33 million, and real-world evidence startup Atropos Health scoops up $14 million.
San Diego-based medical device company ResMed has announced the acquisition of mementor, a consumer software developer that offers a digital solution for insomnia.
The company offers a virtual clinic for people with chronic gut conditions like irritable bowel syndrome and gastroesophageal reflux disease.
The funds will accelerate expansion to deliver care to Medicare Advantage members in rural Michigan.
Funding will support accelerating adoption of communication solutions.
He's concerned that the acquisition would "provide Amazon with access to enormous tranches of patient data."
Also: Real-world evidence company Syapse raises $35 million, and senior care tech platform Sage scores $9 million.
The deal with Alternative Reproductive Resources is Kindbody's third so far this year.
Ramakant Vempati, Wysa cofounder and president, discusses how the startup tests its AI-backed chatbot to monitor safety and quality.