Investing
The San Francisco-based telemental health company will use funds to grow into new markets.
The recent investment brings the company's total raise to $151 million and will help it scale its offerings and conduct clinical research.
Also, Monash University researchers have made it possible to do an MRI scan in five minutes using AI.
The company will use the funds to expand its workforce and its reach in the U.S. and Canada.
The LLM startup released its first product, a genAI-enabled staffing marketplace solution, for phase three safety testing and will use the funds to speed up further product development.
It looks to onboard new commercial partners and further validate its products.
Experts discussed what investors look for when considering funding a digital health startup and what teams should focus on when developing a product.
Also, digital diabetes management startup Sugar.fit secured $5 million more in Series A funding.
The health tech company announced the seed funding will help scale its suite of SaaS products within the healthcare ecosystem.
Redesign Health's Pawan Kohli speaks on the current state of funding and pitfalls in digital health at HIMSS24 Venture Connect.