May 13, 2024

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Emergency response platform RapidSOS raises $75M and more digital health fundings

Emergency response platform RapidSOS raises $75M and more digital health fundings

Details-driven crisis response platform RapidSOS introduced closing a $75 million funding round, bringing its full funds elevated to additional than $250 million. 

The New York-based mostly corporation presents emergency responders with serious-time wellness and place facts in advance of they get there on the scene, collected from smartphones and other connected gadgets ranging from wearables to motor vehicles and nearby surveillance programs. 

NightDragon led the hottest spherical of funding, with additional investments from Honeywell, BAM Elevate, Axon, Insight Companions, the Citi Affect Fund, M12, Highland Cash Companions, Playground World, Forte Ventures, Avanta Ventures and C5 Capital. 

In 2021, RapidSOS declared the shut of an $85 million Sequence C funding spherical led by Insight Companions, noting its platform was in use among the much more than 4,800 unexpected emergency communications centers across the U.S.

At this time, the enterprise reports a existence in more than 15,000 very first responder agencies on 4 continents. 

“For a 10 years, we’ve experienced the privilege to master from our nation’s 1st responders to construct technologies that supports their existence-saving function,” Michael Martin, founder and CEO of RapidSOS, claimed in a assertion. “Hundreds of millions of life are impacted each and every calendar year by the heroism of these folks, and we’re honored to have companions in this journey that share in a eyesight to change protection, security and emergency response.” 


Chicago-dependent HealthJoy, a digital personnel positive aspects system, elevated $60 million in Collection D funding that it will use to speed up growth. 

The latest round was led by Valspring Cash, with participation from new buyers Endeavour Vision and CIBC Innovation Banking, bringing the overall lifted to additional than $108 million. 

Current buyers GoHealth co-founders Brandon Cruz and Clint Jones, US Venture Companions, Nueterra Funds, Wellbeing Velocity Capital and Epic also participated in the round.

HealthJoy, started in 2014, expanded its small business from the person wellness insurance plan current market to worker engagement and cost containment in 2016. 

The organization gives Pleasure, a virtual assistant that allows buyers comprehend their gains deals and navigate their care choices as a result of an AI-guided discussion. Along with exhibiting an individual’s protection, the system includes 24/7 dwell treatment supplier assist and a log of historic statements info and previous conversations.

HealthJoy’s the latest funding comes just after its $30 million Sequence C funding spherical in 2020 and $12.5 million Series B funding spherical in 2019.


University-primarily based pediatric telehealth provider Hazel Wellness announced the closure of a $51.5 million Collection C1 funding round with participation from Owl Ventures, Tao Funds Companions, Memorial Hermann, Firework Ventures and Carrie Walton Penner by Fiore Ventures. 

Hazel Wellbeing partners with faculty districts to supply virtual care clinics within the school nurse’s business. Hazel also delivers gear to colleges, these kinds of as thermometers and in excess of-the-counter medication, and trains faculty nurses and personnel on launching a stop by and taking students’ vitals. 

The new spherical of funding will support the firm’s expansion and make it possible for for continued merchandise innovation.

Hazel introduced a $33.5 million Collection C elevate headed by Owl Ventures and Bain Funds Ventures in 2020. 


Navina, an Israeli startup producing an AI-primarily based platform for primary treatment companies, declared a $22 million Collection B funding round led by ALIVE Israel HealthTech Fund, with participation from present buyers Grove Ventures, Schusterman Loved ones Investments and Vertex Ventures Israel.

The firm’s tool builds “affected person portraits” that reorganize disparate individual data for obtainable clinician review and highlights information that could be clinically relevant to every single case. 

The latest spherical, which doubles the whole investment decision to day to $44 million, will be made use of to accelerate the firm’s development and adoption amid U.S. physician groups and the business health care industry. 

Navina will also further more devote in its AI technologies and medical algorithms and broaden its integration of rising knowledge resources. 


Galen Robotics, which touts a services model for its surgical robotic system, announced the to start with shut for an oversubscribed $15 million Collection A funding spherical led by Ambix Health care Associates.

Galen utilised the Collection A funding to comprehensive its remaining robot prototype and submit the new collaborative gentle tissue surgical robot for Fda consideration. It will also use the money to improve medical treatment teams, develop engineering, develop surgeon schooling plans and maximize product progress. 

The company opened a second close for the Collection A funding spherical for an more $5 million, which it expects to wrap up quickly.


California-primarily based Midi Health, a virtual care clinic for menopause, been given a $14 million seed investment co-led by Felicis and SemperVirens.

Other participants in the increase incorporate Emerson Collective, Operator Collective, Icon Ventures, Muse Cash, Metal Sky Ventures, and Anne and Susan Wojcicki. 

Midi Health and fitness provides digital treatment guided by doctors and researchers who oversee a network of nurse practitioners and provides interventions from way of life coaching to prescription medicine. 

The business now presents insurance plan-protected care in California and will use the new money to expand functions nationwide and launch partnerships with healthcare facility programs and U.S. companies. 


Lumata Wellness, a follow management system for ophthalmology, raised $4 million in a Sequence A round.

The spherical, led by Cortago Ventures with participation from Wolfpack Trader Network and 30 working towards ophthalmologists, will help the intelligent eye treatment management system scale its existence throughout the U.S. and enhance its platform, building predictive analytics and incorporating automated patient conversation pathways. 

The startup beforehand obtained a lot more than $2 million in investigate funding from the National Eye Institute.