Business
The company will use the funds to grow its team, accelerate product development and test strategies to scale its business.
Also, MediBuddy in India has developed an AI to detect fraudulent claims.
Brigham Hyde, CEO of Atropos Health, provides the vendor perspective on digital health funding and pitching to venture capitalists in an ever-changing market.
The company will use the funds to expand the adoption of its surgical software and fund mergers and acquisitions.
The company will use the funds to advance its technology, expand its workforce, and form additional partnerships with payors and public safety departments.
Sonny Shergill, vice president of commercial digital health at AstraZeneca, highlights pharma's perspective on digital health investments and partnerships for sector growth.
Create Health Ventures will focus on funding early-stage digital health companies led by founders with healthcare backgrounds.
It is also solidifying its presence in the United States market through Cedars-Sinai's backing.
DarioHealth also relayed that its revenue increased by 1.7% in the second quarter of the year, compared to the same period last year.
The company's purchase will allow it to expand into the U.K. market.