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Knowledge analytics firm Arcadia secures $125 million from strategic investor and financing companion Vista Credit score Companions, Vista Fairness Companions’ credit-lending arm.
The funds will likely be used to hurry up the corporate’s platform improvement and speed up its go-to-market technique.
“Vista Credit score Companions is the popular companion to assist us obtain our objectives, offering new financing and entry to the broader Vista ecosystem, which holds deep experience and assets for scaling well being tech and enterprise software program companies. We stay up for additional investing in our platform, our service supply and buyer relations to solidify our place because the main knowledge platform for healthcare organizations,” Michael Meucci, CEO of Arcadia, stated in a press release.
Spring Well being, which presents digital psychological healthcare and navigation companies, introduced it had raised $71 million, boosting its valuation to $2.5 billion.
In a weblog submit, the startup stated the most recent increase would give it flexibility to spend money on companies “alongside our path to profitability.”
Spring final raised $190 million in Collection C funding in 2021. Final 12 months, it acquired Weldon, which offered psychological wellness steering to oldsters via chats with therapists, social staff and parenting coaches in addition to group help and academic content material.
Well being knowledge aggregation and centralization platform 1upHealth closed a $40 million Collection C funding spherical.
Sixth Road Progress led the spherical with participation from present buyers Jackson Sq. Ventures, F-Prime Capital and Eniac Ventures. Lee Mooney, managing director at Sixth Road Progress, will be part of 1upHealth’s board of administrators.
The Boston-based firm presents a cloud-based, AI-enabled, FHIR-native platform that enables sufferers, builders and suppliers to mixture and share well being knowledge, together with data from EHRs. 1upHealth will use the funds to additional develop its Knowledge Cloud product and develop its workforce.
“With proposed federal rules requiring enhanced well being data trade capabilities, 1upHealth is well-positioned to reply to these market forces whereas serving to healthcare organizations improve the utility of their knowledge utilizing trendy database expertise,” Mooney stated in a press release.
Treatment adherence firm Scene Well being (previously emocha) raised $17.7 million in a Collection B financing spherical, bringing its complete increase to over $25 million.
ABS Capital Companions led the spherical with participation from present buyers Claritas Well being Ventures, Healthworx, Kapor Capital and PTX Capital.
Cal Wheaton, basic companion of ABS Capital Companions, will be part of Scene’s board of administrators.
Scene Well being presents Immediately Noticed Remedy by way of asynchronous, livestream and in-person appointments, the place nurses, pharmacists and well being coaches can watch how sufferers take their remedy, akin to an inhaler, to make sure correct use. Sufferers are additionally provided remedy reminders by way of the app, which incorporates monetary incentives and academic video content material.
The corporate will use the cash to speed up its skill to work with Medicaid managed care and Medicare Benefit plans, medical analysis organizations and pharmaceutical corporations.
“We’re thrilled to be partnering with Scene and its skilled workforce to increase the scope of Scene’s optimistic affected person engagement and impression whereas meaningfully lowering the monetary burden related to remedy nonadherence for Scene’s different prospects,” Wheaton stated in a press release.
Final week, the corporate acquired a $1.67 million grant from the Nationwide Institutes of Well being to offer its remedy adherence choices to pediatric coronary heart transplant recipients in Florida.
Ty Vachon will supply extra element within the HIMSS23 session “ML and AI Discussion board: 2023 AI in Healthcare: The Good, The Dangerous and The Hopeful.” It’s scheduled for Monday, April 17 at 3 p.m. – 4 p.m. CT on the South Constructing, Stage 1, room S100 B.