Investing
Also German company actio lands €10 million ($12 million) in seed funding and Botco.ai closes a $2.2 million seed funding.
The fund will be zeroing in on sensing tech, data analytics, remote patient monitoring and population health.
Also: Insightin Health scores $12M for its engagement platform and Rhino Health raises $5M in seed funding for AI tech.
The company said that its platform is currently in use among more than 4,800 emergency communications centers across the U.S.
This is the third funding round for Modern in about 13 months, and propels the San Francisco company to unicorn status.
The company upwardly revised its IPO twice since filing with the SEC last month.
During COVID-19 the company has added a vaccine finder feature and a telehealth scheduler.
Equip, a virtual eating disorder treatment program, has closed a Series A financing round worth $13 million led by Optum Ventures.
Also: Base launches home wellness testing subscription with $3.4 million raise; Daybreak Health delivers online counseling to teens with $1.8 million seed round.
Founded in 2012, Oscar has grown to an approximate membership of 529,000, an annual revenue of $1.67 billion and a lifetime accumulated deficit of $1.43 billion.