Investing
Funding will be used to gain in-human data for startup’s OxiFlow brain haemorrhage solution.
Watertown, Massachusetts-based Firefly Health has closed its $40 million Series B funding round, led by Andreessen Horowitz.
The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company.
The company designed a tool to automate bills and give patients additional insights to their charges.
The funds will be used to develop the firm’s non-invasive blood sensing technology.
Rock Health reports $6.7 billion in digital health funding in Q1, a majority of which comes from rounds worth more than $100 million.
MobiHealthNews reported on 99 digital health fundings in Q1.
Former CEO Ed Cox tells the story of Dthera Sciences and outlines how the digital therapeutics landscape has shifted since his company's heyday.
The virtual care startup will also look to accept additional health insurance carriers going forward.
The company hopes to maintain its momentum after a year of substantial growth.