digital health funding
Gentem distinguishes its end-to-end billing and revenue cycle platform by offering upfront payments to its clients.
Vivante Health's offering includes at-home testing and a 24-7 care team support line.
Bigfoot has agreed to develop and commercialize new programs that will integrate with Abbott's diabetes management platform.
The round was led by Founders Fund and John Doerr.
It's been a busy week for digital health funding, with more raises announced by Arcadia, Cardiologs, Covera and others.
The executive summary of a new report describes $8.9 billion in digital health funding dollars in 2019, down from $9.5 billion in 2018.
The company announced its first funding round at the Health 2.0 VentureConnect event in San Francisco yesterday.
The new funding was led by Caffeinated Capital with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC.
The company will be pumping the funds into its tech platform, and will be growing its engineering, sales and support capabilities.
Funding for the tech-enabled provider was led by BlueMountain Capital Management.