Business
More than five million adults will be able to access to CBT through Big Health’s apps.
Around two million people receive coverage through Massachusetts' Medicaid program.
Lark will use the funds to expand its virtual care integrations and conduct further R&D for its AI platform.
Digital health technologies are connected as a group through their primary delivery model – digital – yet technologies vary widely in complexity, application and associated risk says ORCHA's Chief Operating Officer, Tim Andrews.
The deal will provide guaranteed capital to fuel the firm’s rapid growth plan.
Also: Fitness app FitOn raises $18 million, and virtual pediatric platform KixCare completes a $2 million seed round.
The acquisition builds on Best Buy’s previous investments in senior care and remote patient monitoring.
The company plans to use the funds to build out its clinical lab in Boston and expand in the U.S.
The Series D raise brings Devoted Health’s total funding pot to $1.99 billion.
This new funding round brings the company's total raise to $1.15 billion.