Finance
2022 Look Ahead
Deloitte’s Road to Next report found health tech investments totaled $23.8 billion across 556 completed transactions so far this year.
Also: HelloHero scores $7.7 million for pediatric mental health, and Pair Team nabs $7.3 million for primary care coordination tool.
This new round of funding brings the company's total raise to roughly $95 million.
This new infusion of cash comes roughly two years after the company closed a $60.75 million Series D round.
The prescription digital therapeutics company said the transaction generated approximately $175 million.
The companies position the acquisition as a way to reduce costs for patients and improve the financial health of provider organizations.
New NHS platform launched to address mental health crisis in young people.
Also, HP Malaysia launches new Engage products to help healthcare businesses optimise operations.
The pandemic drove the unprecedented funding surge as the healthcare industry swiftly innovated and adopted virtual and hybrid care models.
Also: RenalSense scores $14 million for its renal diagnostic, and InsurMedix rakes in $15 million for fertility insurance.