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NeuroFlow recently hired Matt Stiner, former director at Humana Military, to lead its government affairs department. In addition, the company partnered with Washington, D.C.-based venture firm Risk and Return to further expand its presence in the government and military space. (startups)
Cedar, a health IT business seeking to make medical billing more easily understood by patients, raised $102 million in a Series C funding round. The round includes $77 million in venture capital, led by Andreessen Horowitz, and $25 million in venture debt from JP Morgan.
DispatchHealth, an in-home healthcare service focused on patients with chronic conditions, raised $135.8 million in a Series C round. Optum Ventures led the new funding, joined by Oak HC/FT and Humana. Previous investors Alta Partners, Questa Capital and Echo Health Ventures also took part
TARA Biosystems closed a $10 million Series A2 funding round to advance its goal to increase the success of cardiac disease drug discovery and development. It engineers predictive cardiac tissue models to enable faster, safer, and more reliable development of new medicines. New investors included OMX Ventures, Merieux Equity Partners, and LifeForce Capital. Current investors , including Alexandria Venture Investments, Partnership Fund for New York City, Trancos Ventures, DEFTA Partners, New York Ventures and Tachyon Ventures also took part in the funding round.
How has the public health crisis shaped life science and healthcare investor priorities? What kind of insights have healthcare executives developed from Covid-19 challenges and how will they form the foundation of healthcare’s future? Join us for an online version of the MedCity INVEST conference July 20-24 as we offer a series of panel discussions and startup pitching event Pitch Perfect with startups across biopharma, diagnostics, health IT, health services and medical device sectors.