Business
The company will use the funds to advance its technology, expand its workforce, and form additional partnerships with payors and public safety departments.
Sonny Shergill, vice president of commercial digital health at AstraZeneca, highlights pharma's perspective on digital health investments and partnerships for sector growth.
Create Health Ventures will focus on funding early-stage digital health companies led by founders with healthcare backgrounds.
It is also solidifying its presence in the United States market through Cedars-Sinai's backing.
DarioHealth also relayed that its revenue increased by 1.7% in the second quarter of the year, compared to the same period last year.
The company's purchase will allow it to expand into the U.K. market.
Matt Cybulsky, LBMC practice leader for healthcare AI, value-based care and product innovation, discusses consulting digital health companies on seeking investment.
The value-based care company will use the funds to enhance its datasets and services.
Talkspace also announced a 29% year-over-year revenue growth in the second quarter, and Clover Health reported an 11% increase in revenue.
Daisy Wolf, investing partner at Andreessen Horowitz, joined MobiHealthNews to discuss technology's role in healthcare and provide advice to founders seeking funding.