Investor
Many are anticipating greater adoption of digital health services and more favorable regulatory and reimbursement environments, according to a recent poll sampling 513 digital health and adjacent companies.
Also: Datos Health ties off $7 million in Series A funding; Wellthy Therapeutics collects $4 million in pre-Series A; Lifesprk fleshes out tech with $16.1 million.
Amid COVID-19, a new 1,000-person survey suggests high demand for remote health services.
The company plans to use the new funds to expand commercialization in the US, Europe and Israel.
The Boston-headquartered company offers over 30 mental health support programs.
Women’s Health USA, QED Investors, LabCorp, Fool Ventures and Gore Range Capital participated in this round.
According to the new Rock Health funding report in Q1 digital health companies raised $3.1 billion in new investments. However, with the coronavirus hurting the economy, the rest of the year may not follow suit.
The company will use the money to increase its European presence.
The new round was led by General Catalyst with participation from F-Prime Capital, Kickstart Seed Fund, Diōko Ventures and Jonathan Bush.
The company is tripling its physician pool by the end of April, and has launched a new patient dashboard.