Investor
Funding will be used to gain in-human data for startup’s OxiFlow brain haemorrhage solution.
Watertown, Massachusetts-based Firefly Health has closed its $40 million Series B funding round, led by Andreessen Horowitz.
This comes just a week after news broke that Bright Health plans IPO.
The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company.
The company designed a tool to automate bills and give patients additional insights to their charges.
The company plans to use the new funds to expand its product line.
Rock Health reports $6.7 billion in digital health funding in Q1, a majority of which comes from rounds worth more than $100 million.
WELL Health plans on keeping Intrahealth a stand-alone business in its EMR group.
MobiHealthNews reported on 99 digital health fundings in Q1.
The company landed a 510(k) for its single-source digital X-ray Nanox.ARC, and said more clearances are in the pipeline.