Investing
This latest infusion of cash values Collective Health at $1.5 billion.
Coming in six months after its $26 million Series A round, Headway now boasts $103 million in total funding and a new valuation of $750 million.
Alife also added Deena Shakir, a partner at Lux Capital, to its board of directors.
As of Friday afternoon, Dexcom’s stock has fallen 6.3% from about $422 to $395.
The fund plans to target disruptors in the digital health space that focus on making healthcare more accessible, affordable and simple.
Teladoc reports a net loss of $1.31 per share, a total of $199.6 million.
Also: UCM Digital Health closes Series A for company growth, MD Ally raises $3.5M in seed round and Votive Health launches with $2.5M.
The company will use the funds to expand its products and employ more staff in India and the US.
The digital therapeutics company plans to expand its services in the US and Europe.
The company collected $9 million in debt financing from SVB and $12 million in equity investments led by Savitr positions, according to its announcement.